What It Takes to Scale Your Real Estate Business with Mike Morawski Pt.3

Jul 23, 2021

This is part 3 of my conversation with Michael Morawski. Mike is a 30+ year real estate investment professional who has controlled over $285 mm in real estate transactions, and syndications. Mike is a real estate investment consultant trainer & coach, author & public speaker. He also has a wide experience in residential, multifamily sales, investing & property management. Michael has a strong personal resilience and a deep desire to help others live extraordinary life through smart, strategic real estate investing. Over his career, Michael has trained and coached hundreds of real estate investors to fulfill their financial dreams and live extraordinary lives.

 

Let’s jump right into this episode and learn more about how Mike was able to scale his real estate business successfully. He’s going to talk about the strategies that he did and the principles he believed in to get to where he is today. Join us and listen in!

 

[00:01 - 04:31] Productive Debt and Making an Impact

• Why there’s a lot of military people in the real estate investing space
• We talk about productive debt
• Creating an impact on others through real estate

 

[04:32 - 13:58] The Role of Coaching in Scaling Your Real Estate Business

• What made Mike want to jump into multifamily
• • Making a good profit on his first deal
• How Mike scaled his real estate business so fast
• Why coaching is important
• • Teaching children about business early on

 

[13:59 - 22:16] Creating an Exit Plan for Your Real Estate Deals

• Mike talks about his book, ‘Exit Plan’
• • Why it’s important to have an exit plan on your deals
  • Mike shares a coupon code!
• Strategies in getting out of a deal
• • Recapitalizing
  • Bringing a partner in
• Closing words

 

Tweetable Quotes:

 

“My coach continually challenged me, continually put more in front of me, continually gave me new techniques and new things, helped me self-discover that I could do more, and that I wanted more. That's what coaching does, it's self-discovery.” - Mike Morawski

 

“It’s all about the individual and how much you're willing to push it. Just make the decision if that's what you want to do, and just do it.” - Angel Williams

 

Connect with Mike on Facebook, Instagram, and LinkedIn!

 

Resources Mentioned:

• Exit Plan by Mike Morawski
• My Core Intentions

Use the code ‘The Academy’ for a free download!

 

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Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, Youtube Channel, or website https://www.theacademypresents.com/jointhesummit36848306.

Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/.

To learn more about me, visit my LinkedIn profile, and connect with me.