The best deals are found when you’re willing to do what no one else is willing to do. Mike DeHaan started out his career as an electrical engineer wearing a pair of golden handcuffs. Mike started researching passive income and found REI, but he knew if he wanted a real passive income, he needed to change his approach. This is when he started networking more, employed a different strategy and watched the calls start rolling in. Today, Mike has hired staff and improved his systems to be able to handle consistently doing 3-5 deals per month. As of now he owns 28 doors, and has completed 48 deals in his 3 years investing and now generates more passive rental income than he used to make with his 6 figure salary by taking on deals that others won't.
Want to learn more about Mike’s unique sales strategy? Tune in and find out how to get the best acquisition rehabs in single and small multifamily real estate.
Getting to know Mike DeHaan - [00:01 – 06:16]
How to get the Best Acquisition Rehabs in Single and Multifamily - [06:17 – 21:59]
The Quattro Trio - [22:00 - 28:29]
“The key to the real estate business, or any business, is having leads… The best leads are motivated sellers.” - Mike DeHaan
“We buy at such discounts that we almost make our money at the purchase rather than having to do the value add after the fact.” - Mike DeHaan
“Anyone can generate leads, and that’s awesome… but the difference between people that generate leads and waste a bunch of money and those who do so and make a bunch of money, is the sales process.” - Mike DeHaan
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Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.