Why Real Estate is the Best Investment with Michael Morawski - Episode 174

Michael "Mike" Morawski is a 30+ year real estate investment veteran. He has controlled over $285,000,000 in real estate transactions. Mike is an entrepreneur, author, real estate trainer, public speaker, and personal coach with a strong, personal resilience, and a deep desire to help others live an extraordinary life. He has coached hundreds of real estate investors to fulfill their dreams. Michael began as a general contractor in the Northwest Suburbs of Chicago with $5 mm in annual revenue. He sold his company and then took some time off to decide what to do next. Michael entered the real estate industry as a sales agent building a team of agents and support staff that produced over $20 mm per year in sales production. In 2005, Michael started a private equity firm, raising $18 mm in private equity and acquired $60 mm in multi-family apartments including 4,000 units in five different US markets. As part of the company's growth, Mike built and developed a property management division that managed 7,500 units. Curtis's motto is that what you learn today and how you position yourself will determine your future financial well-being 5, 10, 20 years from today. To learn more about how to manage your wealth in a practical way, visit www.practicalwealthadvisors.com  Links and Resources from this Episode www.practicalwealthadvisors.com Email Curtis for a free report - [email protected] Call his office - 610-622-3121 Connect with Michael Morawski https://mycoreintentions.com/team Special Listener Gift Schedule a 15-Minute Call with Curtis Free Ebook Financial Planning Has Failed Show Notes Being an entrepreneur all his life - 3:36 Applying some basic principles - 4:41 Being passionate about multifamily - 8:08 What real estate really is - 9:17 Can people start with a multifamily? - 13:13 You have to learn something new - 18:41 Having an exit plan before you buy - 21:31 There are different ways to exit from a deal - 22:27 Real estate is powerful - 24:31 Being in prison - 34:24 Starting to go to the gym - 35:19 Having some savings - 38:29 Making smart choices - 40:48   Review, Subscribe and Share If you like what you hear please leave a review by clicking here Make sure you're subscribed to the podcast so you get the latest episodes. Click here to subscribe with Apple Podcasts Click here to subscribe with Spotify Click here to subscribe with Stitcher Click here to subscribe with RSS