10/21/2024 11:33am

"We used a HELOC on our primary residence to buy our first property"- Mike Sullivan

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Mike Sullivan, also known as InspiredLandlord on X, shares his journey into real estate investing while balancing a demanding 17+ year career in local television news and family life.

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In this episode

Mike Sullivan, also known as InspiredLandlord on X, shares his journey into real estate investing while balancing a demanding 17+ year career in local television news and family life.

Mike takes a methodical approach to real estate, starting small and leveraging HELOCs to fund his first properties. Perfect for new investors, this conversation highlights how you can get started, build your portfolio, and achieve financial freedom—without sacrificing your career or time with loved ones.

Tune in for practical tips and inspiration from Mike’s real-life experiences.

Note: This is a re-run; the original episode went live on Jan 9, 2024.

Chapters:

00:13 Introduction

00:26 Mike’s Background and RE Journey

01:13 Balancing Career, Family, and Real Estate

03:29 Mike’s Real Estate Investments and Strategies

13:37 The Importance of Storytelling and Sharing Experiences

19:13 The Power of a Personal ‘Why’

23:26 Parenting and Real Estate: Teaching the Next Generation

24:04 Financial Planning for Kids: College Funds and Investments

25:18 The Importance of Being a Good Human

28:07 Inspiring Real Estate Influencers

31:34 Networking and Community in Real Estate

34:01 Balancing Life and Real Estate Investments

39:42 Becoming a Licensed Real Estate Agent

Reach out to Mike⤵︎

X (Twitter): https://x.com/InspiredLandlrd

Website: https://t.co/bXCMu1XB9G

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