E686 - FF - $11M of Profit in ONE Deal
Cash Flow Connections - Real Estate Podcast
English - July 21, 2023 15:00 - 20 minutes - 46.5 MB - ★★★★★ - 338 ratingsInvesting Business business entrepreneurship interview marketing entrepreneur finance investing flipping wealth growth Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Welcome to another Freedom Friday episode of Cash Flow Connections! Today, we have Mike Foley, a Raise Masters member, sharing his incredible success story. Mike recently bought a property for six million and sold it for a whopping 17 million! He raised a couple of million dollars in just a week and a half, which is truly inspiring.
Mike has been in real estate for over 20 years, starting with flipping houses and gradually moving to development. He recently completed a major land entitlement and development project in North Carolina, capitalizing on the booming market there.
He faced some challenges, including the unexpected impact of COVID on timelines, but he didn't let that stop him. Mike shares his strategies for raising capital and the keys to his successful deal-making. He emphasizes the importance of finding the right niche and being confident in your deals.
If you're looking for advice on how to break into real estate or take your current investments to the next level, this episode is a must-listen. Mike's journey showcases the power of determination and the potential for significant returns in the real estate industry.
Don't miss this inspiring episode of Cash Flow Connections' Freedom Friday!
Resources mentioned in the episode:
Mike FoleyInterested in investing with Asym Capital? Check out our webinar.
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