Creative Capital Podcast 160: Accelerating Your Success Through Mentorship with Michael Wagman

<p>Are you looking to accelerate your real estate success but have no idea how? In today’s episode, we will be talking about my absolute favorite kind of real estate investing, multifamily. And we will also be deep-diving into mentorships, and coaching, what that entails, and what it looks like.</p> <p>Michael brings solid experience with nearly every stage of residential real estate investing: from finding off-market discount properties, planning, and managing renovation, determining the proper exit strategy, refinance or rent, marketing, and listing the properties as a retail agent. In a few short years, he was able to leverage the sales of Fix and Flip properties into a portfolio of smaller multi-family properties and currently owns 8 units.</p> <p>Prior to real estate, Michael worked as a sales professional in Tel Aviv, Israel for a software company.</p> <p><strong>[00:01 - 11:02] Rock Your Way to Real Estate</strong></p> <ul><li>Don’t miss out on our 100% heart and soul mentorship coaching. Head on straight to <a href="http://www.ferraricapital.com/"><ins>www.ferraricapital.com</ins></a> and be a part of the Ferrari Capital Group Coaching Program!</li> <li>How Michael entered real estate from a rock star background</li> <li>Michael’s transition from single-family to multifamily, motivations, markets, and more</li> </ul> <p><strong>[11:03 - 21:46] Shifting to Larger Deals through Education</strong></p> <ul><li>Two requirements in doing larger deals</li> <li>The differences in the benefits between single-family and multifamily</li> <li>Shifting mindsets from doing a 4-unit to 50-unit property through education<ul><li>Check out <a href="https://www.amazon.com/Multi-Family-Millions-Reposition-Apartments-Profits/dp/0470267607"><ins>Multi-Family Millions</ins></a> by David Lindahl</li> </ul></li> </ul> <p><strong>[21:47 - 28:58] Accelerating Your Success Through Mentorship</strong></p> <ul><li>Michael shares the story of how he created a strong partnership connection as a product of attending mentorship progr