REI Freedom
🎙️🏠 Welcome to our podcast, where we are dedicated to helping you develop the essential skills and knowledge needed to excel in acquisition management. Whether you are a seasoned professional or just starting out, our goal is to provide you with valuable insights and practical tips that will propel you towards becoming the best you can be in the world of off-market property acquisitions.
In each episode, we will take a deep dive into various aspects of acquiring off-market properties. We will explore the strategies and techniques that successful investors employ to identify, analyze, negotiate, and secure off-market deals. From finding hidden gems to building strong relationships with property owners, we will cover it all.
Our expert guests, including experienced real estate investors, acquisition managers, and industry professionals, will share their firsthand experiences and valuable advice. They will reveal the secrets behind their successful off-market acquisitions and provide you with actionable steps to implement in your own ventures.
Our aim is to equip you with the tools and knowledge needed to navigate the complex world of off-market property acquisitions.
By tuning in to our podcast, you will gain a competitive edge in the industry. Whether you are an individual investor, part of a team, or even a real estate agency, the skills and insights shared on our show will help you maximize your success in acquiring off-market properties.
So, join us on this exciting journey as we explore the fascinating world of acquisition management. Get ready to learn, grow, and become the best version of yourself when it comes to off-market property acquisitions. Stay tuned for our upcoming episodes packed with valuable information and inspiring stories. Don't miss out on this opportunity to become a true master in the field!
REI Freedom
How Did Michael Ketchen Go from High School Administrator to $100M+ in Real Estate Deals?
In this episode of REI Freedom, host Jeremy Beland sits down with Michael Ketchen, founder of Commonwealth Collective LLC, who transitioned from a career in high school administration to becoming a successful real estate investor. With over $100 million in property investments across eight states and a proven track record of completing more than 25 deals from acquisition to full cycle, Michael shares valuable insights that are relevant for both new and experienced investors.
Key Takeaways:
- The essential questions investors should ask before partnering in real estate, including how to evaluate a business plan, market preferences, and investor experience.
- Michael’s transition from wholesaling and single-family homes to multifamily investments and short-term rentals, and how this shift contributed to his long-term success.
- His philosophy as an "inefficiency investor," focusing on properties with untapped potential for increased cash flow and equity appreciation.
- An analysis of the current real estate market, particularly the challenges faced by investors who acquired properties during the low-interest-rate environment of 2021 and 2022, and how these conditions create new opportunities.
- The importance of self-management, leveraging technology, and maintaining a proactive approach in property management to maximize investment returns.
- A look into Michael’s short-term rental ventures, including his acquisition of a unique property in South Carolina at a significant discount due to insurance challenges, as well as his current projects in Arizona and Montana.
- Practical advice for aspiring investors on scaling their real estate business, thinking bigger, and seeking mentorship from those who believe in their potential.
Connect with Michael Ketchen:
Instagram: https://www.instagram.com/michaelketchen/
Youtube: https://youtu.be/FS4bN7zlCuk?si=5DB1SFZfuJBavk60
LinkedIn: https://www.linkedin.com/in/michael-ketchen-68b202201/
Are you ready to unlock the potential of land investing? Subscribe to the REI Freedom Podcast today and learn from top experts like Michael Ketchen. Don’t forget to leave a review and share this episode!
If you’re inspired by Michael Ketchen's story and eager to take your first step toward financial freedom, book a discovery call with Jeremy at REI Freedom. Visit reifreedom.com/apply and start your journey today. Success in real estate is possible, with the right mindset, strategies, and persistence, you too can achieve REI freedom!