Why Real Estate is the Best Investment with Michael Morawski - Episode 174
Michael “Mike” Morawski is a 30+ year real estate investment veteran. He has controlled over $285,000,000 in real estate transactions. Mike is an entrepreneur, author, real estate trainer, public speaker, and personal coach with a strong, personal...
Michael “Mike” Morawski is a 30+ year real estate investment veteran. He has controlled over $285,000,000 in real estate transactions. Mike is an entrepreneur, author, real estate trainer, public speaker, and personal coach with a strong, personal resilience, and a deep desire to help others live an extraordinary life. He has coached hundreds of real estate investors to fulfill their dreams.
Michael began as a general contractor in the Northwest Suburbs of Chicago with $5 mm in annual revenue. He sold his company and then took some time off to decide what to do next. Michael entered the real estate industry as a sales agent building a team of agents and support staff that produced over $20 mm per year in sales production. In 2005, Michael started a private equity firm, raising $18 mm in private equity and acquired $60 mm in multi-family apartments including 4,000 units in five different US markets. As part of the company’s growth, Mike built and developed a property management division that managed 7,500 units.
Curtis’s motto is that what you learn today and how you position yourself will determine your future financial well-being 5, 10, 20 years from today. To learn more about how to manage your wealth in a practical way, visit www.practicalwealthadvisors.com
Links and Resources from this Episode
- www.practicalwealthadvisors.com
- Email Curtis for a free report - curtmay@gmail.com
- Call his office - 610-622-3121
- Connect with Michael Morawski
- https://mycoreintentions.com/team
Special Listener Gift - Schedule a 15-Minute Call with Curtis
- Free Ebook Financial Planning Has Failed
Show Notes - Being an entrepreneur all his life - 3:36
- Applying some basic principles - 4:41
- Being passionate about multifamily - 8:08
- What real estate really is - 9:17
- Can people start with a multifamily? - 13:13
- You have to learn something new - 18:41
- Having an exit plan before you buy - 21:31
- There are different ways to exit from a deal - 22:27
- Real estate is powerful - 24:31
- Being in prison - 34:24
- Starting to go to the gym - 35:19
- Having some savings - 38:29
- Making smart choices - 40:48
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