RG 254 - From Selling in Europe to Flipping in Tampa – w/ Colin Murphy

For this week’s episode, I have a fellow ex-pat with me to share his journey from working in Dublin to investing in real estate properties in the US. Colin Murphy is an Irish investor who has been investing in Tampa, Florida since 2009. With over $100 million raised and more than 350 fix & flips in Tampa at only 40 years old, Colin is one of the most promising young real estate investors in the market today. In this exclusive interview, Colin shares his journey from selling real estate in unique places like Bulgaria, Lithuania, and Belize—to promoting properties and selling flips in Tampa, Florida. Despite the fact that he started his career in marketing, Colin has made a name for himself and his company, CGM Investment Group, in the local and international real estate market. He tells us all about the steps he took to get to where he is today, which can definitely give you an idea of where you can start in this type of industry, especially as a foreigner. Colin also tells us about his company’s integrity; how they have managed to only offer good deals to people, and why doing so is incredibly important for reputation. He also shares some insight into turning active income into passive income, which is something that he advises other businesses to focus on from the get-go. If you want to learn more about Colin and his journey from promoting properties to selling them, tune in to this week’s episode and don’t forget to check out the links below. KEY TAKEAWAYS 1. You have to care for your reputation, especially as a young company. 2. One of the main goals of business is to turn active income into passive income. 3. Having quiet time by yourself is vital to work on your business and your personal goals. 4. Maintaining integrity is imperative for a business's reputation. LINKS https://www.linkedin.com/in/colingmurphy www.colininvestments.com