Mike Brockway found himself on the path to FI after buying and house hacking his first property. Because he wanted to stop working for big corporations, he quit his W-2 the same day he closed his second property. Now, he is a full-time real estate investor and business owner. In this episode, Mike breaks down his first three residential investment properties and his events business. He also talks about his brief stint with “Top Chef: Colorado”, how he saved up on taxes, and the opportunities his business has opened up for him.
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Listen to the podcast here
Leverage Your Business To Level Up Your Real Estate Game With Mike Brockway
I’m feeling all excited about Hawaii because our guest is one of my friends that is a Hawaii brother. You happen to know everybody I know, it seems.
These circles run small, but Mike‘s a super good dude, real estate investor, business owner, really does it all. For someone that does not want to be in the W-2, this is a great episode to read to. He’s got some funny, fancy ways to save on taxes. We talk about commercial house hacking, where you can house hack a commercial property. There’s some really interesting stuff that we haven’t heard yet before. Make sure you read to the end on all of that good stuff. Mike is all out a good dude. What do you say we bring him on?
Let’s do it.
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Mike Brockway. Welcome to the show, my friend. How are you doing?
I’m doing awesome, guys. I’m stoked to be here.
We are stoked to have you. It’s been a long time coming. It sounds like Z and I have been both known you for like two forevers. Here we are finally on the show. We want to hear your story from the beginning, my friend. Why don’t you tell us when did you first hear about financial independence?
I first heard about it probably right around the time where I met Z. I met her in Boulder through some friends. I started getting into it after I bought my first property. I just wanted to own a house. I had a small business at the time we needed some storage space. We needed the garage to work out of. I was still working my financial services job at Fidelity Investments. I wanted to be a homeowner. I was pretty handy. I started looking for property. I found a property at Westminster, a pretty big house. I was going for square footage so I could rent out rooms to roommates. Once I started collecting rent from them, that’s when I got a taste of financial independence.
Was it Z that convinced you of financial independence when you guys were having tea at your friend’s house? Did you think of it on your own?
Totally Z. Once I saw her, I was like, “This girl’s all about financial independence.” She just came up in conversation, honestly. That was before I got into it.
It sounds like the sole purpose of this first investment that you made was a home. You said you were running some business or something. What business was that?
When I first moved out here, a couple of friends of mine and I just wanted to start a business. We were trying to think of all these apps, get rich quick stuff. We just came back to a tent and event rental business. One of my friends I lived with had experienced doing this as a summer job. The other one wanted to be a DJ. We’ve said, “Why not buy a couple of tents and rent them out on the weekends and the other guy can DJ parties?” It sounds like a perfect plan. Long story short, our HOA we were renting from did not like our vehicles that had logos on them. We had to move. I decided to buy a house with a garage.
Is it the logos? I was not expecting that. I thought you were going to say, “We had these huge tents. They were just hanging out for our balcony,” but logoed vehicles? That’s pretty lame of the HOA.
We were pretty small. We had an enclosed trailer. It was like a 10×12. I used to move out here from New York. I just held onto it, put some logos on it. They basically said, “There’s no marketing allowed from HOA.”
If you want to start out, try listening to podcasts with house hacking and wealth building concepts. Share on XDid you slap that logo on to get the tax deduction from New York to Denver? You had this house in HOA. Did you sell that house?
No, we were renting at the time. I wanted to get out here and get a land. That was in Louisville and my buddies were working in Boulder, Colorado. I was lucky enough to be committing to Denver Tech, which was the worst thing in the world.
Why don’t you tell us about this first investment? What was the price? What did it look like? All we know so far is it’s got a garage, numbers and all that good stuff.
Westminster
At the time, I didn’t know a whole lot about real estate investing or financial freedom. I’m a numbers guy. I was going for price per square foot. A lot of square footages for a decent price. I found a house that was pretty close, $100 square foot, but a 3,000 square foot house in Westminster, halfway between Boulder and Denver. We could also commute to work. I bought it for $335,000.
I thought that was super expensive. The market was going to potentially crash. I was very concerned about it. I put 20% down because I just didn’t know any better. I thought that’s what I was supposed to do. I had $67,000 in the deal. Then over time, I added another $25,000, added the second kitchen to the basement unit, created a set, a separate rental down there, 2-bed, 1-bath space down there and put in some sweat equity as well.
When you were first looking at this, you maybe didn’t know house hacking and it wasn’t a thing back then. Were you just going based off of, “This is what I think I can charge for rent? Maybe I can have a cheap rent or I can have it rent-free.” What was your strategy there? Were you just solely on the square footage?
Those are part of the strategy. The game plan was for me to take on the house, the property, pay the mortgage and my two friends/business partners at the time. I just said, “If you guys can pay $500 a month each, then I’m happy with that.” The mindset shift did not take place that I wanted to make money off the house. Eventually, they did move out and they started to make some income off the house while still living there.
What was your mortgage at that time?
The mortgage was about $1,200. In addition to that, I had tax insurance. My expenses were about $1,600 a month. Once I started filling the rooms in that place, I was able to make quite a bit more. I had about $2,600 of gross income. My expenses were only $1,600. I was not only living there for free, but I was making about $1,000 a month on top of that. That’s when the light bulb went off. I was like, “This is pretty cool. I own a property. I’m paying the mortgage down. I’m getting tax benefits, living for free. I’m making $1,000 a month. Let’s do this again.”
It sounded like you stumbled upon house hacking. It wasn’t like an intentional thing.
The more I started talking to friends about it, eventually, some friends of mine were like, “You should check out BiggerPockets. It sounds like that’d be a great resource for you. That’s when I started listening to the podcast and trying to hone down the house hacking concept and wealth billing concept.
What year was that now?
It was April 2015.
Probably about 2016, after your friends moved out, was when you started treating it as like a true house act and you’re getting as much as you can out of it. Does that sound right?
Exactly. They moved out. I would say my next deal was when I started building wealth and that’s where I felt like a real estate investor at that point in time.
At this point, you got house number one. You had it for about a year. It’s cashflowing. Are you still doing your W-2 job? Is your tenth business exploding or did that fail? What happened with that?
We didn’t put a whole of effort into it. I’m from New York. I have a pretty strong work ethic. I decided to pursue it solo because they lost interest. I still have my W-2 job. I was at Fidelity Investments working downtown. I did not want to continue working for a big corporation. I quit my W-2 job while I purchased my second property. I wanted to get another property under my belt before I quit my job.
Did you say you quit while you were purchasing your second property or after?
I’d say the same day I closed. This is a pretty fun story. I’m happy to go into it, but it was very risky. Essentially, I wanted to buy a second property, but I also needed to leave my job. I need to get my CFA exam for my role. I’ve already gone through my MBA program and concentrated in Finance. I did not want to study for the CFA for three more years.
Denver
I told my boss, “I don’t want to get my CFA. I’m happy to keep doing this role, but I’m also happy to go elsewhere or take a different job internally.” He gave me three months to figure it out and look for other jobs. I connected with an agent who told me about Globeville neighborhood in Denver. Not the nicest neighborhood in Denver, but we found a property that was a single-family house. The stuff is an uptown duplex.
My closing day was the last day of me being employed on the books, but my last two weeks of being employed were vacation time that I took in Hawaii, the deal I worked out my boss. I wanted to go to Hawaii and gave a friend of mine power of attorney to sign the closing table for me. I’m out on a dive boat, scuba diving. I got a phone call from my boss on my last day of being employed. He said, “The bank just called me to verify your employment.” Luckily, I left on good terms. He was a good guy. He said, “Mike technically still works here.”
Everything worked out. What happened was they shut my email off early. I wasn’t able to reply to the lender saying, “I still work here.” My Fidelity Investments email still works. As a backup, they called my boss to confirm. Luckily, he vouched for me and said technically, I still worked there and the loan went through. The Hawaii vacation was great.
I need it for the stress after finding email or whatever you were doing down there.
I wouldn’t suggest that.
I was going to say, “If you want to leave your W-2 job, don’t put your notice in until after you close. Oftentimes, in that loan, maybe your power of attorney signed it for you. You didn’t realize, but as it says, you have no intentions of quitting your job. You signed a thing saying that. You want to give it a little bit of time.
Take advantage of the global appreciation. Share on XNot the smartest move, but also a good story.
What are the numbers behind the second one? Tell us a little bit about Globeville. That’s in Denver, right?
It’s in Denver City. A lot of people don’t know about it. Between the people I talk to and tell them about this property, half of them know what Globeville was and half of them don’t. It’s a very small, older neighborhood. It’s right where I-25 and I-70 intersect. The property I bought was just North of I-70. That area is just North of RiNo, which is often coming and super expensive.
I thought, “This is going to be an appreciation play.” They have the I-70 project that was going to happen, which is still going on, which is just endless construction. That whole area is gentrifying. It was a duplex. Going into the numbers, I purchased it for $287,000. They wanted $300,000 for it. They were almost done with the remodel they were doing.
I said, “I’ll give you $287,000. I’ll finish remodeling.” They were doing a pretty bad job. I was better off finishing it myself. I knew I was quitting my job. I’m like, “I want to keep my cash.” I put 3% down, about $10,000. I threw about $5,000 into the property in rehab. All in all, I was in about $300,000 plus some sweat equity.
The benefits here were that I was not only acquiring a second property. I also have my own place. I lived in the upstairs unit. It was a 2-bed, 1-bath. I had my own bedroom. “I had no roommates. I had my own office space as well.” That was just huge for me. I got to take advantage of “appreciation” as well. It’s a win-win
Did you have any trouble getting good tenants? I own a couple of places that have been great gentrified places, but sometimes it just attracts sketchy people. Every other tenant is like, “This place is dangerous.” The other tenants are fine. It depends.
I say it’s a 4 out of 10 when I first listed that place. I listed it as a shared unit because the laundry room was actually in the downstairs units. I said, “We’re going to share laundry.” Therefore, I was able to take a better tenant. I would say 1) No females wanted to live there. 2) The guy that wanted to move in, he’s was a pretty cool guy. He worked in HVAC sales, but I was able to find a good sold first tenant.
It sounds like you called the apartment or the unit shared. You used that to your advantage. I would expect that it would be to your disadvantage because you couldn’t charge as much if it’s shared. Tell me why you did that.
I’m not a licensed real estate agent or a property manager. I played in the gray area a little bit, I would say. In my opinion, if it’s shared and I have to be in the same living area with someone, it’s more just on this is on myself, my reference, who I live with or share space with. I typically will run to young professionals if it’s a roommate situation. In this case, shared access to the laundry room.
That’s advantageous for me. I have a pretty good judge of character. I still run background checks and friend checks and all that fun stuff and have a legitimate lease and security deposit. I was given the ability to pick someone that I get along with and that I think it’s going to be a good tenant, pay rent, and take care of the place.
You don’t have to adhere to the fair housing laws strictly because you’re going to be sharing that living space. Does that sound right?
More or less. I’m not sure if that’s exactly true.
It’s not the fair housing law. My friend, Mindy Jensen, was like, “You still shouldn’t discriminate against someone because of their race, sex or origin.” You could say someone’s like, “Looks like the dude that bullied me in high school or something.” That is a valid reason not to live with someone if you’re going to be living there, but it’s not valid if you’re not going there. You bought the property for $287,000 plus a little bit of rehab, some sweat equity, closing costs and all that stuff. What did you rent out that bottom unit for?
I was able to get $1,200 to that bottom unit.
That’s pretty good for a ghetto neighborhood.
It was a 1-bed, 1-bath. It was about 750 square feet, but it was pretty nice. I’d already had granite countertops. I painted the cabinets, made them look a little more modern. I gave them the garage parking spot. There was a small backyard fenced in. There were some perks around it. I wouldn’t say I had a ton of interest, but I wanted to maximize my cashflow or supplement my expenses the most possible and also have a solo person in there. It took me about a month to find someone. I was able to get $1,200 a month, which supplemented my expenses pretty well.
Why don’t you unravel the curtain or whatever? What was the mortgage payment, the reserves and all that stuff on that one?
With this place, I didn’t put 20% down. I had mortgage insurance. The PMI Insurance taxes were all in about $1,800 a month and he was $1,200. Out of pocket, I was paying $600. I have my own place. I own two houses. When I moved out of my previous house, I rented that master bedroom route for $800. I was able to buy a second property, have my own spot again, and create more cashflow for myself on top of all the other benefits on real estate.
That’s the magic of getting the second, third and fourth property. After number one is done, you can then fill your place and get a second one. You’re making more and more. Obviously, that’s the unicorns and rainbows of real estate. It sounds pretty profitable. Globeville, that area has boomed in the past few years. Curious as to what that duplex might be worth.
Someone might buy for $500,000 and that’s some crazy market, but I’d say safely $450,000.
It appreciated $150,000 in a few years. That’s nuts.
I’ll take that all day.
You quit your job. What is the tent business doing now?
I quit my job. I didn’t necessarily have intentions to just totally quit my job and never go back to finance. I was still applying to other places. When I said, “I’m going under contracting this property,” my intent was never to get another W-2 job again. I might have something lined up or have a game plan by then. I just didn’t. In that process, after I closed with the tent business, Top Chef was filming in town at that time.
Top Chef called us and they’re like, “Will you bid on our episodes?” They were filming downtown on Market Street. They went to film Aspen Food & Wine. I’m like, “I’d love to. Send me the competitor’s quote and we’ll beat it.” We had nothing that they wanted. I just underbid the competitor, went out and bought everything they needed for pretty much less than we made on that first job after I paid my friends to help us set it up.
We did two more episodes with them after that. One was near Mile High Stadium, and one was in Aspen Food & Wine. They put us up in hotels in Aspen. I’m actually in the background on that episode of Top Chef in Aspen. That just aligned well with me not having a job at financial services and wanting to continue to invest in real estate and pursue financial independence. I said, “I’m just going to keep doing this. This business can make money. It might not be a bad thing to pursue.”
You’ve had a long history with the tent business, but I’m assuming not enough income. What was going to be your next plan for funding when you’re going down the road for more real estate investment?
That was the big public swallow. I was just super happy that I was able to buy that second property in Globeville before I lost that W-2 income. More or less, the business was profitable enough next few years where I was able to buy my next property. I was able to get finance off the business.
You ended up taking a two-year hiatus on purchasing real estate while you built up that 1099 income from your tent and event business?
Exactly. I eventually pulled myself on a W-2 within the S corporation that I transitioned into with the business.
You’re famous on Top Chef. You had all this stuff. What was the third property that you got? Tell us a little bit about how that difference is. You mentioned something about a W-2 S Corp. Why did you do that? Does that benefit you? Does that help you get a loan? What are the reasons there?
North Denver
Lenders are okay with working with business owners as long as they have a track record. I just found it easier having W-2 plus an owner’s draw. The big benefit of the S Corp is that I’m not an attorney or CPA, but I’m able to do the W-2 salary and take an owner’s draw. There are some tax benefits there. I’m also able to get finance more easily for investment properties or new properties. That process is a lot easier. I can get clients more higher pricing power. I took that. As soon as I could buy another property, I found one that’s in the Welby area. It’s north Denver, Unincorporated Adams County. I put an offer in there.
I wanted to know how much it costs you to set up the S Corp thing. Usually, people do that through a CPA. There’s a cost associated. Once you have it, they just maintain it for you.
It’s more or less an S Corp election. I had my CPA do it for me. I think it’s pretty minimal, honestly. I was paying him a flat rate per year to do my taxes and also giving advice as needed. As far as a line item expense, I’m not sure what it was. I would guess under $100. It’s pretty cheap. It doesn’t take a long time.
That is not what Craig and I are looking into then. If you don’t want to pay taxes, they charge you a lot of money.
If you’re a business owner or whatever, and you’re doing more than $25,000 a year or something, it would make sense to set up an S Corp for that business. You can avoid paying self-employment tax. What salary do you pay yourself?
Recognize opportunities to scale your business and create financial independence with a better lifestyle. Share on XI like having myself $50,000 a year. That’s what they consider “fair and reasonable.” The rest is the owner’s draw and a lot of reinvestment into the businesses.
You’re paying only self-employment tax or you’re paying like workers’ tax or whatever on that $50,000. Everything else you take is an owner’s draw, which is not subject to self-employment tax and all that stuff. I’m not an accountant. I could be totally BSing everybody, but I’m pretty sure that’s how I understand it. That’s why it’s beneficial to set up that S Corp if you’ve got a 1099 type business making over $25,000 a year.
I’d say, “Get ahead of that.” I did it. I wasn’t aware of this strategy until it was too late. I did it the year after I could have done it. I’d say if you’re out there, you run your own business, keep this top of mind and ask your CPA about it ahead of time.
What was the difference between the year you did not do and the year you did do it?
It wasn’t crazy, but I definitely could have saved over a few thousand bucks in taxes.
It’s definitely is beneficial to do it. I would recommend doing it if you can. Real estate agents out there, like everyone on my team, I recommend doing that. You mentioned a property in Welby.
I want to know the trajectory of how many properties. You told me before this that you bought a warehouse. I need to know about that. I’m just making sure that we have time for the warehouse.
That was my first place. We’ve done it at that place. I knew a little more of a dangerous. I found that one and built it out as a two-unit. I had a walkout basement, put a kitchen down there. Downstairs was a 2-bath, 2-bed walkout unit with a full kitchen. The upstairs was a 3-bed, 2-bath unit. That was a room for rental for me.
I’m trying to remember this from Facebook years ago. Did you guys do this crazy reno that you changed a supply closet or something? It was like a laundry room or something weird and then you made it to the kitchen or is that somebody else?
I would say that’s definitely similar to what we were doing.
I thought you did something weird in the basement.
It’s a perfect room-by-room rental. Each bedroom has a master bath. I moved the kitchen from the back corner to the center. It’s an open concept. It’s got granite countertops. I intend to overdo my properties. Each bedroom down there rents $2,500 a month now. The upstairs, I converted to an Airbnb. Cashflow is crazy. It’s $2,500 a month with the Airbnb in the room-by-room rental. I’m not mad about it, but it was definitely a lot of work.
Where is this place?
It’s in Welby. It’s I-25 and 84th.
How do you know about all these weird little towns? I never heard of this. Welby? Where is that?
I’ll say it’s similar to where Craig’s bought a couple of properties in Federal Heights area, similar vibe.
Can you legally BnB or is this just more my gray area?
You can legally do it. It’s Unincorporated Adams County. I didn’t even have to register it.
Unincorporated Adams County is just the lawless land. Rules are just suggestions and you do what you want. I love Unincorporated Adams County.
I had an inspector come knock on my door and here I am with no permits. Luckily, I was able to talk my way out of it. They don’t pursue that part there. That’s pretty easy-going.
You started your real estate investing journey in 2014 alongside this tent and event business. Where are you in the real estate game and then we’ll go into the tent business?
I’m trying to focus on what’s next. I will say that I started to level up a bit on the residential side. I bought a triplex converted to a quad. That’s what I’m looking at more, so is something that’s got four units just to scale up in the residential markets, in the residential space. I might just buy a department building that has 8 or 10 units, or I might go in a self-storage.
I’m trying to narrow that down right now. I’m not sure what direction I’ll go. I want to scale and become more passive than I am. I do have someone helping with property management, but I’ve found it to be a lot of work. I want to scale my business and create financial independence with a better lifestyle.
Do you want to focus on the tent business or do you mean the real estate business?
Eventually, the game plan for the tent business is to have that be only 5, 10 hours a week for me, as far as time-allocated. I merged the tent business right before COVID was with a competitor from Northern Colorado. He came in. He’s wearing the operator hat. I’m wearing the CFO hat. It’s still a lot of time dedicated to grow in because we’re in growth mode. Long-term, he’s going to take over the tent business, run with it. I’ll still be an owner until he buys me out. That’s definitely not my passion, but it’s been a good business and profitable, but I am trying to get away from it.
Real estate is more where your passion lies.
I will say there’s been a big benefit tent business. I’ll go into Z’s question. The tent business allowed me to buy a 17,000 square foot industrial property warehouse. It’s like a house hack. We financed this building with an SBA loan, 10% down. We got it for $1.95 million. Pretty expensive building, but we’re actually using a portion of it for the business, small office space and about 10,000 square foot warehouse. We’re going to rent it out 5,000 square feet to a tenant. It’s allowed me personally to get into an industrial property and hopefully move the business to the next one once we house hack this property.
I’ve got two questions for you regarding this. The first one is, what are you charging for the 5,000 square feet?
We’re trying to get about $5,000 a month for that space.
What’s the mortgage payment on it?
Our mortgage is about $10,000 a month, but taxes are already insane. They’re $40,000 a year for that property. I don’t have the numbers in front of me, but we’re like $14,000 for all our expenses per month. They’re going to pay hopefully $5,000 just to get someone in there, help supplement the payment. The business is paying about $11,000 from the business operating account to the holding company that holds the commercial asset. I won’t say it’s going to cashflow like crazy, but on a property of that size and that cost, that debt paid out and the tax right off, all that stuff is just multiplied.
If you think about it too, you’re bringing in an extra $5,000 of revenue, like $60,000 a year. I’m not sure if you’re comfortable sharing your top-line revenue for your company, but maybe even if it’s $600,000 a year you’re bringing in, that’s still like a 10% increase.
I definitely can’t complain. It’s been a good deal. It’s also allowed my business partner to get a taste of real estate. I own 60% of the building and he owns 40. We’re going to do our own property management. I have someone helping us find a potential tenant for this space. I’d say like property management, but overall it’s a win for me, for him and for the business.
Do you guys own the business, the corporation 50/50?
The event business, the tent business, we own that 50/50.
That business is what owns the property, but you own the property 60/40?
We usually kept them as two separate entities. The property itself is actually a separate entity and it rents to the business. That’s how the bank or the SBA required us to do it.
Do you have one entity for that large warehouse?
Exactly.
That’s a pretty interesting, fun, and creative way to get into the commercial game from an industrial property. I want to be here by the end of the year to get commercial property.
Start tent business. You can find real estate with that.
I’m going to become the competitor. What’s your company called?
We own a few DBAs. The biggest one is Denver Tent & Event Rentals. That’s a big name. That’s where most of the big clients come into. We just helped with the MLB All-Star game. We did some big music festival, stuff like that. It definitely gets busy.
Z and I are going to create a competitor called Welby Tent and Event Rentals and you’re going down.
There are plenty of events for everyone.
Z, is there anything else you want to chat with Mike about before we head to the final part of the show?
What are you looking to next, Mike?
If this warehouse goes well and we can find tenants, I think my game plan would be to use the business to pursue a bigger one once the business grows and needs more space. If we could utilize an SBA loan that will occupy 50% of it, that will work. I want to divide this property up into five smaller units, just like five bedrooms in a house. I want to apply that same principle there and I think we can really boost cashflow, do something different in the market, offer small businesses space that’s much needed and hopefully turn into a great cashflowing asset.
I’m curious about the SBA loan. Is that like a small business?
Yeah. You can put 10% down versus 20% or 25%.
The interest rate is higher as well?
It’s about the same. Our rate was just 104% or 4% on that. It’s a great reset in a few years.
That’s all my questions, Craig.
The interview’s over, Mike. Thanks so much. We will get back to you and have an appointment. Let’s head over to the final four. Z, kick us off.
We’re going to ask you four questions. This is question number one. What are you reading right now, Michael?
I will preface this with, I am great at starting books, but I’m the worst at finishing them. The book I’m reading right now is Tribe of Millionaires. I’ll have to throw a shout-out to Craig for that one.
That was a GoBundance book. It’s fine.
Yeah. More or less you are the sum of that was around you. You’re a product of your tribe, in this case, and people around you influence you and your goals and getting your lifestyle.
That concept is probably the most powerful concept that there is. Surround yourself with people that are crushing it and you’ll inherently crush it as well. Mike, what is the best piece of advice you’ve ever received?
I couldn’t think of anything that’s been game-changing for me. I would say something that’s resonated with me. I’m not sure who told me this or where it came from. Throughout your journey or your life, your career, whatever it might be, just be willing to take a step back to take two steps forward or to create success for yourself. There are some situations throughout my career or my investment journey that I wish I would have made different decisions. That’s my best advice out there, I would say.
Question number three. What is your why?
My why is definitely lifestyle. All three of us have spent some time in Hawaii, which is great. I have some family out there in Oahu. I want to be able to go out there more frequently. I made a point to go out there twice a year and do some island-hopping and enjoy that time. Each time, maybe that trip a little bit longer. I just want to live a better lifestyle. That gives me the opportunity to have better relationships and pursue my big why, which is giving back and coaching people.
Throughout college, whether it was grad school or college or undergrad, I always enjoyed helping those around me, guys who were trying to do things more efficiently, faster or better themselves. Coach those that are interested in making changes. If I have more time and a better lifestyle, I can get back in that way more frequently.
The last real question is, what animal would be the biggest party animal?
I’m going to have to stay a tiger because I bought a tiger onesie this past Halloween. It was for Halloween, but I can also take out onesie to snowboarding or the Red Rock show. It was a good investment.
If you ever are going to go to a party, I recommend going to a party of someone with a tent business because you have all of the stuff. You had hand sanitation, a scale or so. I went to that party and it was everything you could imagine at a party was actually at your house.
Heaters, tables and snacks. We had a DJ. That’s not normal, but it was worth it, I would say.
Readers, maybe you’ll get on Mike’s VIP list one day. You’ll have to reach out to him. Mike, how do people find out more about you if they wanted to?
I’m on Instagram. My personal account is @MBrockway120. My real estate account is @EverLastInvestments. My email is Mike@PeakEventPartners. That’s our holding company for our event businesses.
Thanks again so much for coming on. We appreciate you taking the time and finally, just getting on here. We’ll see you around.
Thanks for having me.
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That was Mike Brockway. Z, what did you think about Mike?
I thought it was really great. It’s like a well-rounded episode. We talked about a single-family and house hacking. We talked about Airbnb. He talked about making something an unofficial duplex, adding kitchens, flipping, and then commercial. I was like, “This guy did it all.” It was really cool.
He was one of those kids that had ADD or ADHD or something. He can’t stay focused on one thing. He just gets bored and jumps from here to here, which isn’t a bad thing. He’s got tons and tons of knowledge and a lot of different spaces. He’s got a lot of tools in his toolbox. Whenever he’s ready to pursue one of those things fully, he knows which way to go.
It’s got a lot of good nuggets. I was excited to catch up with him and hear all the details. He’s done a lot.
Important Links
- Mike Brockway
- Fidelity Investments
- BiggerPockets
- Tribe of Millionaires
- @MBrockway120 – Instagram
- @EverLastInvestments – Instagram
- Mike@PeakEventPartners
