After a devastating accident, Michael Kramer turned heartbreak into a multimillion-dollar real estate success story. Through grit, empathy, and a family-first mindset, he built a legacy that’s as inspiring as it is game-changing.
This is more than a story about wealth—it’s about turning loss into purpose.
I never say to myself, I should. So I don’t should on myself and I don’t should on others. – Michael Kramer
In this episode, you will be able to:
Understand the power of empathetic leadership in real estate for stronger team dynamics and increased productivity.
Discover the key to balancing family dynamics for greater success in your real estate business.
Master tactical empathy to negotiate better deals and build stronger relationships in real estate.
Learn how to transition from focusing on work to enjoying free days without feeling guilty or overwhelmed.
Uncover value-added apartment investing strategies that can elevate your real estate portfolio.
Michael Kramer, co-author of the book on empathetic leadership, brings a compelling blend of personal experience and professional expertise to the real estate arena. His story of resilience and determination in the face of adversity is both inspiring and informative.
With a focus on family-centric business values and a strategic transition to value-added apartment investing, Michael offers valuable insights into building wealth while prioritizing harmonious family dynamics. His compassionate approach to tenant relationships and strategic property acquisitions highlights the importance of empathy in real estate entrepreneurship.
Michael’s story is a powerful example of how empathetic leadership and tactical negotiation skills can lead to personal and professional success in the real estate industry.
Discover the surprising world of note investing and how it can change your approach to generating income.
Uncover the unexpected opportunities and risks involved in mortgage note investments, and find out how this little-known industry could diversify your income and open up a whole new world of potential financial growth.
In this episode, you will be able to:
Understand the potential of investing in mortgage notes and how it can diversify your investment portfolio.
Discover the basics of note investing, including how to get started and what to look for in potential investments.
Learn about the potential risks involved in note investing and how to mitigate them for a more secure investment strategy.
Explore actionable steps on how to start note investing, including finding opportunities and building a solid investment plan.
Uncover the benefits of diversifying your income sources through note investing and how it can contribute to your financial growth.
Fred Moskowitz is an accomplished note investor with a background in the tech industry.
His foray into real estate and note investing was driven by the objective of diversifying income sources, prompted by the volatility of the tech sector.
Specializing in the acquisition of existing mortgage notes, Fred effectively transitioned into the role of the lender, demonstrating astute acumen in navigating the intricacies of the secondary market and the complexities of note investing.
With a wealth of practical experience and a deep understanding of this specialized field, Fred offers valuable expertise for individuals seeking to comprehend the potential impact and advantages of venturing into note investing.
Do you want to achieve personal growth and happiness that extends beyond financial success?
Tune in now to find out the solution to transforming your life through real estate with Brad Chandler and his life-changing story.
Every problem you have in your life is a thinking problem. Change your thinking and change your life. – Brad ChandlerIn this episode, you will be able to:
Uncover real estate investing success stories that inspire and motivate.
Explore how real estate can transform your life beyond financial success.
Learn the secrets to building wealth through real estate while prioritizing personal growth.
Discover the power of hypnosis for enhancing personal and professional growth in real estate.
Master the art of finding happiness and fulfillment on your entrepreneurial journey through real estate.
Brad Chandler, an accomplished real estate investor with a portfolio encompassing over 4,500 flips and wholesale rentals across the United States. With experience in the industry spanning 22 years, Brad brings a wealth of knowledge and wisdom to the transformative power of real estate.His story goes beyond financial success, as he shares his profound understanding of personal growth and happiness. Expect to gain valuable wisdom from Brad’s extensive experience in the complex world of real estate, making this episode an essential resource for investors seeking growth and fulfillment in their endeavours.
Want to improve your ability to identify profitable investment opportunities?
Discover the secret to building real estate wealth with Mike Mannino as he shares the Widget Cost Secret, helping you scale your business and achieve financial success.
Mike shares his journey in real estate investing, detailing how he successfully flips houses unseen and manages over 100 projects.
Mike Mannino, the founder of Real Estate Wealth Builders, boasts an impressive nine years of experience in the real estate industry, specializing in flipping houses.
His expertise lies in the development of a standardized pricing sheet, meticulously crafted over thousands of hours and substantial financial investment. This tool has proven to provide a 90% accuracy rate in predicting renovation costs, significantly reducing financial risks and maximizing profitability.
With over 100 successful house flips to his name, Mike’s insights and strategies are invaluable for real estate investors aiming to scale their business and effectively identify profitable investment opportunities.
Mike Mannino’s real estate journey is a testament to the resilience and adaptability required in the industry. From early days spent tirelessly working on house renovations, Mike’s determination to streamline the process led to the creation of a game-changing standardized pricing sheet. This innovation not only made renovations predictable but also scalable, propelling his business to new heights.
Venturing beyond Michigan, Mike expanded into multiple states, delving into the world of apartment buildings with the same unwavering commitment to quality. His hands-on approach to every aspect of the business, from finding contractors to overseeing renovations, reflects his dedication to excellence.
Mike’s ability to navigate challenges and turn them into opportunities has been a driving force behind his success. His story serves as an inspiration for real estate investors looking to scale their businesses, showcasing the transformative power of perseverance and forward-thinking strategies in the competitive world of real estate.
In this episode, you will be able to:
Master successful real estate investing strategies to maximize your profits and grow your business.
Explore the art of flipping houses without seeing them, unlocking a whole new realm of investment opportunities.
Learn the secrets to building a rockstar real estate investment team that drives your success to new heights.
Implement standardized pricing in real estate to streamline your processes and boost your bottom line.
Discover the art of finding discounted real estate properties, giving you a competitive edge in the market.
Timestamped summary of this episode:
00:00:04 – Introduction and Guest Introduction
Laurel Simmons and Katherine Nelson-Riley introduce the podcast and guest, Mike Mannino, of Real Estate Wealth Builders.
00:03:36 – Evolution of Flipping Business
Mike shares his journey from hands-on flipping to building a team and standardized pricing sheet over nine years, leading to scalable and predictable renovations.
00:08:36 – Expanding into New Markets
Mike discusses implementing his flipping system in new markets, including out-of-state projects, and the challenges and process of finding and working with contractors.
00:11:12 – Biggest Project and Profitability
Mike shares details about the largest single-family house project, including a fire-damaged property, and how his system enables accurate cost predictions to mitigate risks and maximize profits.
00:12:31 – Managing Large Projects
Mike explains the team structure for managing single-family and apartment projects, including his role, his business partner’s responsibilities, and the streamlined operations for handling renovations and property management.
00:13:26 – Starting Small, Thinking Big
Mike Mannino discusses his journey of buying apartments, starting with a small four-unit property and progressing to larger ones. He shares how his perspective on property size has evolved and the role he plays in managing renovations.
00:14:39 – Finding Buyers and Making Profit
Mike talks about the types of buyers for his properties, emphasizing the appeal of first-time homebuyer homes and how they insulate against market volatility. He also shares his experience during the 2020 shutdown and the strategies he used to mitigate risks.
00:18:50 – Challenges of Finding Discounted Real Estate
Mike discusses the difficulty of finding discounted real estate, especially in the apartment sector. He highlights the scarcity of opportunities for discounted apartment buildings compared to single-family homes, and the challenges of dealing with property owners who have different motivations for selling.
00:20:57 – Shortage of Supply and Property Finding
Mike delves into the shortage of supply in the real estate market, particularly for discounted properties. He explains the complexities of finding properties, the types of properties he avoids, and the limited number of suitable properties within his investment criteria.
00:22:51 – Helping Others and Publishing a Book
Mike discusses how he helps others become successful real estate investors through webinars, online resources, and one-on-one mentorship. He also introduces his recently published book, “The Infinite Money Glitch,” which provides insights into buying apartments and achieving infinite returns.
00:25:40 – Market Research and Demographics for Real Estate Investing
Mike discusses the importance of market research in real estate investing, highlighting the significance of analyzing demographic trends and growth patterns in new areas.
00:26:52 – Applicability of Tips to Different Industries
Mike emphasizes that the tips and strategies discussed are applicable not only to real estate but also to other industries, such as finance and investment. He stresses the relevance of the information provided in the podcast.
00:29:07 – Embracing Failure and Trying New Things
Mike shares his personal experience of trying different career paths and failing at some, emphasizing the importance of perseverance and self-discovery. He encourages individuals to embrace failure and explore various opportunities.
00:30:16 – Overcoming Learning Challenges
Mike reveals that he was in special education for reading and writing, highlighting his struggles in school. He emphasizes that despite challenges, determination and hard work can lead to success, as evidenced by his journey from special education to becoming an author and real estate investor.
00:31:11 – How to Connect and Access Resources
Mike provides details on how to connect with him and access resources, including his book “Infinite Money Glitch” and free resources on real estate investing available on his website. He also mentions the possibility of an audio version of the book in the future.
About Mike Mannino – Over the past 7 years, Mike has built a business that flipped over 80+ houses by the age of 30 and created multiple companies that generate over 1M per year in revenue, sold tens of thousands of copies of his book (making him an Amazon best selling author), he is the founder of Real Estate Wealth Builders which is an educational company that helps real estate investors quickly scale their real estate business.
Discover how a yacht captain turned real estate investor is navigating the high seas of property and investment. From steering luxury yachts to managing a portfolio of 75-80 units, Scott Kidd’s story is a testament to the unexpected parallels between these two worlds. But there’s more to his story than just smooth sailing and lucrative deals.
Uncover the powerful similarities and strategies that have fueled Scott’s success in both the yacht and real estate industries. His unwavering passion and determination inspire anyone ready to take charge of their own story.
Don’t miss the chance to gain wisdom from a true master of balance—this is a story that demands your attention!
I’ve always had things I’ve done on the side to supplement my income and real estate it just kind of made great sense because there are a lot of ways you can manage when I’m away on the boat. – Scott Kidd
In this episode, you will be able to:
Discover the Surprising Similarities Between Yachting and Real Estate Investing – Unlock new insights into how these two seemingly different worlds intersect and learn how this can benefit your investment strategy.
Master the Art of Transitioning from Yachting to Real Estate – Uncover the secrets to leveraging your yachting experience to excel in the world of real estate investing.
Uncover the Untold Benefits of Multifamily Real Estate Investing – Learn about the potential rewards and advantages that come with investing in multifamily properties, and how this can diversify your portfolio.
Build a Reliable Real Estate Team with Proven Strategies – Gain valuable insights on finding and assembling a trustworthy team to support your real estate investment ventures.
Navigate Economic Changes for Real Estate Investing Success – Understand the impact of economic shifts and learn effective strategies to thrive in changing market conditions.
Scott Kidd, an experienced yachting professional with over 24 years of Florida residency, has successfully transitioned into real estate investing. Managing an extensive portfolio of 75-80 units, including passive investments in apartment syndications, Scott’s expertise in multifamily real estate is evident.
His knowledge of team-building strategies and the impact of economic changes on investing offer valuable knowledge for both seasoned investors and those looking to diversify their portfolios. With a background in managing 50-meter-plus yachts and overseeing extensive refits, Scott’s experience in project management and negotiation translates seamlessly into the real estate business.
Tune in to this episode of The REITE Club podcast to gain an enhanced understanding of team building and market trends from Scott’s unique perspective.
