Investing to Learn or Learning to Invest? How Not to Be a Dinosaur With Mike Zlotnik

Profit First for Real Estate Investors with David Richter

Profit First for Real Estate Investors with David Richter
Investing to Learn or Learning to Invest? How Not to Be a Dinosaur With Mike Zlotnik
Aug 08, 2022 Episode 102
David Richter

Mike Zlotnik has always wanted to invest in real estate. For over 22 years, Mike has been a debt and equity investor. He is a member of several mastermind groups and has taken on the role of CEO of Tempo Funding, LLC.


Mike jam-packs this episode with practical opportunities to improve efficiency and profitability in the REI realm.


Key Takeaways:


[1:35] Mike’s real estate journey

[3:13] Where is he on his real estate journey as of now?

[7:22] How does he source and manage his deals?

[11:00] Mike explains the difference between closed and open-ended funds.

[14:03] When is the right time to start a fund?

[18:39] Who are the most important and paramount people to have in their team?

[20:45] What philosophies around money have stuck with him throughout the years?


Quotable Quotes:


[22:03] "Money is essentially a commodity; it’s fungible. You basically have to have it, but you also have to invest in it. "

[25:24] "Life is all about growth. The moment you stop learning, you’re a dinosaur. And if you’re not moving forward, you’re moving backward. "


Links:


Big Mike Fund-http://bigmikefund.com 


Tired of living deal to deal? 

If you are a real estate investor or business owner who is tired of living deal to deal, and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David