Finding the intersection between your passions and a profitable career can be one of life’s most significant challenges, but today’s guest has pulled it off. In this episode, we’re joined by Mike DeHaan, who started his real estate journey in 2018 and has since built a portfolio of over 50 units as a majority owner.
After realizing that the 9-5 grind was draining his zest for life, Mike embarked on a path of self-discovery that led him down countless side hustles and eventually pointed him toward real estate. Through trial and error, Mike’s innate curiosity and risk-taking attitude taught him the power of real estate to allow him to work from anywhere and push him closer to his financial dreams.
In this episode, you’ll hear about how Mike created the passive income he had always aspired to through real estate investments and the art of house flipping. He talks about bouncing back after disheartening deals, financial losses, and discouragement from friends and family. We also touch on the common debate of pulling out of your 401k early, building and ending partnerships, and the misconceptions that come with extreme saving and financial independence.
Today, Mike’s company has scaled to 9 markets and has completed over 130 real estate transactions. Tune in to hear how his journey is a testament that anyone has the potential to shape their financial future.
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Watch the episode here
Listen to the podcast here
Podcast Highlights:
[4:45] Learning About Financial Independence
[6:45] Why Extreme Saving Isn’t Great
[10:00] Transitioning From W-2 Employment
[12:00] The Problem of Sacrificing Fun for Financial Independence
[18:10] The Power of Bigger Pockets
[21:10] Mike’s First Deal as an Investor
[23:50] Pulling Money From Your 401k Early
[26:45] Partnering With the State for Assisted Living Facilities
[34:40] Cashflowing With House Flipping
[40:25] On Partnering With Other Investors
[46:15] Mike’s Journey From 2018
[54:50] Must-Know Advice for Investors
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Important Links
HOSTS
Craig Curelop
📸 Instagram: https://www.instagram.com/thefiguy
📘 Book: https://store.biggerpockets.com/products/the-house-hacking-strategy
🏘️ Buy Real Estate: https://bit.ly/3V3QDze
Ali Garced
📸 Instagram: https://www.instagram.com/ali_the_agent/
📱Facebook: https://www.facebook.com/aligarced
💼 LinkedIn: https://www.linkedin.com/in/alexandragarced/
🖥 Website: https://www.garcedrealty.com/
GUEST
Mike DeHaan
📸 Instagram: https://www.instagram.com/mike_invests/
💼 LinkedIn: https://www.linkedin.com/in/michael-dehaan-20a27b63/
💻 Website: https://mikeinvests.com/
🎙️Collecting Keys Podcast: https://podcasts.apple.com/us/podcast/collecting-keys-real-estate-investing-podcast/id1590409613
📞 Personal Number: https://calendly.com/collectingkeys/instant-investor-call
🌳 Linktree: https://linktr.ee/mike_invests
Check out their recommendations here:
🔗 Affiliate Link
- Don’t miss out on resources of great value for real estate starters. Visit FITeam’s website! — https://www.thefiteam.com/
- Check out their recommendations here:
- $100M Leads: How to Get Strangers To Want To Buy Your Stuff by Alex Hormozi – https://a.co/d/7beOyGJ
