#147: Michael Hopkins: On A Path To Breaking Up With His 9-5 Job

#147: Michael Hopkins: On A Path To Breaking Up With His 9-5 Job

On this episode Gary chats with Michael Hopkins, the owner of ELMM Properties. He’s working on his second property at the moment, and has been dealing with floods and asbestos removal, not what any investor wants deal with, but he’s powering through it chasing the perfect BRRRR. Gary and co-host Quinton Cordick chat with Michael about how he got into Real Estate investing and why he chose it; his fears before he started; why he loves his day job but is transitioning into being a full time investor, even with the challenges of his second property, and why anyone can do this too!

WHAT YOU’LL LEARN:

• HIs journey to real estate investing while holding a full time job
• Why he LOVES what he does, but doesn’t like going into an office for 9-5
• How his mindset has shifted and overcame his fears
• Who coaching accelerated his learning and effectiveness
• The perfect BRRRR
• How and why you should educated yourself on real estate
• Why he didn’t know anything about credit or what a HELOC was
• Why he journals EVERY SINGLE DAY
• Why he does JVs and off market deals
• The CRAZY rents he is getting
• The power of OPM - Other People’s Money
• Why you need to get creative with financing  and why you don't need your own money
• How to work out EVERY SINGLE DAY
• And MORE!

Michael’s Bio

Real Estate Investor.  Helping others achieve wealth through strategic real estate purchases.

Website/contact info for guest

Insta: https://www.instagram.com/elmm_properties/

Website https://www.elmmproperties.com/

Facebook https://www.facebook.com/ELMM-Properties-109103861328993

This episode proudly sponsored by Brian Daley @ AGHI Home Inspections.

Whether buying or selling a property, AGHI recognizes that the process can be stressful. It is critical that any decision you make be one that is based on knowing all of the facts. Purchasers, vendors, insurance companies and lending institutions have come to recognize the professionally trained residential home inspector as a credible source of key information vital to making these decisions, and AGHI has been doing it for over 15 years!

Contact http://www.bookahomeinspection.com  or call (416) 526-7482

Real Estate Investment Club visit https://www.smarthomechoice.ca

Gary's mentorship program visit https://garyhibbert.ca

Start your own Podcast visit https://www.podcastexperts.ca