Meet REI Mike – Buying Single Family in Bourbon Country

Good morning,

I’ve been thinking more and more about the type of company ResilientREI should be. And to be honest I keep thinking about the old Farmer’s Almanacs. The amount of pride taken into crafting and illustrating those issues – all to help the reader better understand what to expect for that planting season.

I bring this up as that is the level of pride I want to instill in ResilientREI. A proper media outlet for us all to become better investors, landlords, and members of our community.

Excited to share the first Featured RE Investor in this soft re-brand:

REI_Mike!

How many doors do you have?

Right now I have 3 doors

What got you into real estate investing?

Rich Dad Poor Dad and the idea of working for myself

Same Portfolio - More Cash Flow
Same Portfolio – More Cash Flowresilientrei.steadilypartner.com

Insurance built for us landlords

Earn more cashflow off your existing properties

By saving on your rental insurance

What market do you operate in?

Louisville, KY

How would you describe your portfolio?

Growing

What are you currently buying?

SFH and small-MFH

Tell us about your biggest mistake in real estate?

8 week delay on a rehab. The flip should still make a decent profit, but it’s stressful!

Tell us about your biggest win in real estate?

My first duplex cash flows $450/month. I’m very proud of that.

Outside of real estate what else do you invest in?

Nothing at the moment due to the market, but usually the S&P 500 and my 401K.

Books people should read before investing

Rich Dad Poor Dad, Bigger Pockets, David Lindahl – Any of these work great!

What advice would you give to a new investor?

Build a team of people you trust. I would not have been able to buy 3 doors in 4 months without the support of more experienced investors.

Mike (@REI_MikeG) / Twitter
Mike (@REI_MikeG) / Twittertwitter.com
I buy Real Estate. I host a podcast titled Relentless Ambition. I play golf (not well).

This Week on the Podcast

Managing Rentals through a Rockstar Contractor with Jeff Higgins
Managing Rentals through a Rockstar Contractor with Jeff Higginsresilientrei.bio.link

Click to listen on Apple, Spotify, Google Podcasts

Enough Business

“The happiness of your life depends upon the quality of your thoughts: therefore, guard accordingly, and take care that you entertain no notions unsuitable to virtue and reasonable nature.”

Marcus Aurelius

Monday’s Podcast:

Crypto vs Real Estate Phycology with Jason Rash

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