Properties to Profits

Ep 32: The 400-Day Deal: How Patience Closed the Impossible Deal

In this episode of Properties to Profit, I dive into a real-life case study of a property deal that took much longer than expected to close. I’ll walk you through the twists and turns of a challenging transaction in St. Clairsville, Ohio, where patience and understanding played a key role. The seller needed time to emotionally and practically prepare to sell their family home of over 50 years, which came with some tough decisions, including auctioning off their personal items.
 
Throughout this episode, I discuss the importance of doing what’s best for the seller, how a dedicated team helped keep the deal alive for over 400 days, and why having a strong support system is crucial to succeeding in real estate wholesaling. This story highlights that wholesaling isn’t always about fast deals but about building trust, offering flexibility, and staying ready when the seller is ready to move forward.
 
Timeline Summary:
[0:00] - Introduction[00:54] - Introducing the property deal in St. Clairsville, Ohio, and how it came to be a long-term play.[01:54] - The seller’s challenges: A daughter selling her 93-year-old mother’s house and delays due to family matters.[03:10] - Managing setbacks, like the seller’s need to auction off personal items before moving forward.[05:55] - The emotional side of selling a home after 50 years, and the importance of patience and empathy.[06:50] - How the team’s consistent follow-up and communication kept the deal alive.[07:27] - Wrapping up the deal and reflecting on the importance of teamwork in closing challenging transactions.
 
Links & Resources:
 
•Connect with me on Instagram: @RealEstateMike02
 
Closing Remarks:
Thank you for tuning into this episode! If you found it helpful, please subscribe, share, and leave a review. Stay connected with me on social media for more real estate insights. Keep turning properties into profits!

Ep 31: Why Accountability is the Key to Winning in Business & Life

In this episode of Properties to Profits, Michael dives into a critical factor for success in both business and life: accountability. Drawing on his experience of hiring over 150 employees, he shares insights into how personal responsibility can make or break an employee’s journey toward achieving their goals. Michael emphasizes the importance of living “above the line”—a mindset where individuals stop blaming external factors and instead take ownership of their outcomes. From improving sales performance to balancing family life with career ambitions, Michael offers real-world examples of how taking accountability can help you create the life you want.
 
If you’re ready to level up your mindset, eliminate excuses, and take control of your success, this episode is for you. Tune in to hear practical advice on how to shift from a mindset of blame to one of responsibility and start winning in every area of your life.
 
Timeline Summary:
[0:00] - Introduction[1:13] - Michael introduces the concept of living above and below the line—explaining how accountability separates those who succeed from those who don’t.[2:34] - Common excuses employees make and why they hold people back, from blaming lead quality to family commitments.[4:42] - How taking accountability can shift your mindset and help you succeed in sales, regardless of external factors.[6:08] - Real-life example of an employee who took accountability for a mistake and how it led to rapid personal growth.[7:24] - Michael discusses extreme accountability in personal relationships and how it can apply to all areas of life.[9:51] - The power of taking ownership of everything in your life and eliminating excuses to unlock personal success.
 
Links & Resources:
 
•Follow Michael on Instagram: Real Estate Mike02
 
If you enjoyed this episode, don’t forget to subscribe, share, and leave a review! Follow me on social media for more tips and updates. Let’s keep turning properties into profits!

Ep 30: How I Flipped a Mobile Home for $85K in Profit Just 52 Days

In this episode of Properties to Profit, I dive into the world of mobile home investing. Many investors are hesitant to explore mobile homes, but I’ve personally had great success with them. I share one of my most profitable deals—a manufactured home in Newark, Ohio—that turned into an $85,000 win. From dealing with title issues to making a few key updates, I walk you through the entire process of turning a $90,000 investment into a $50,000 profit in just over 50 days. I also discuss the unique challenges and opportunities that come with mobile home investments, including the risks and rewards of taking on deals with limited comparable sales data.
 
If you’ve ever wondered about flipping manufactured homes or felt unsure about tackling these types of deals, this episode will give you the confidence to take the leap!
 
Timeline Summary:
[0:00] – Introduction and why mobile homes can be great investments.
[1:03] – My personal success rate with mobile homes and why I keep investing in them.
[2:22] – Breakdown of a $90K mobile home deal in Newark, Ohio.
[3:14] – Overcoming title issues and working with the seller.
[4:50] – How I turned this deal into a $50,000 profit in just 52 days.
[5:32] – Dealing with the challenges of VA appraisals and financing.
[6:33] – Why manufactured homes scare some investors and why I take the risk.
 
If you enjoyed this episode, please subscribe, rate, and share it with others. Follow me on social media for more tips on turning properties into profits!

Ep 29: How Limiting Beliefs Will Keep You From Your Goals

In this powerful Monday Mindset episode, Michael dives into the profound impact of limiting beliefs—especially those projected onto us by others—and how they can control the trajectory of our lives if we allow them to. Drawing from his personal experiences, Michael shares actionable strategies to break free from the constraints of others' opinions, build a vision for your own life, and take the necessary steps to achieve it. He reflects on how shifting your mindset, surrounding yourself with the right people, and holding yourself accountable can help you create the life you truly desire. If you’ve ever struggled with doubt or letting others define your path, this episode will offer practical tools and insights to help you reclaim your power and live life on your terms.
Tune in to hear how you can shift the narrative and overcome limiting beliefs to build the life you want, with the guidance of accountability partners, therapists, and masterminds. It’s time to unlock the full potential of your vision and stop letting external voices dictate your destiny.
Episode Highlights:
[0:00] - Introduction[1:05] - Introduction: Understanding the impact of limiting beliefs and how they hold you back
[3:50] - How creating a clear vision for your life sets the foundation for success[6:10] - The importance of surrounding yourself with people who push you towards your goals[8:30] - Personal examples of overcoming limiting beliefs in real estate and business[11:15] - Holding yourself accountable and avoiding excuses[13:40] - Regularly reviewing and adjusting your vision to stay on track[15:25] - Why it's crucial to ignore the opinions of those who don't understand your journey
Links & Resources:
Connect with Michael on Instagram: @RealEstateMike02
If you enjoyed this episode, don’t forget to subscribe, rate, and share it with others who could benefit. Follow me on social media for more updates, and keep turning properties into profits!

Ep 28: Profitable Mobile Home Investment

In this episode of the Properties to Profit podcast, I dive deep into my experiences with mobile homes—an investment many real estate investors overlook. I share a recent deal involving a mobile home at 145 Bonner Ave in Newark, Ohio, where we turned a quick profit in under 60 days. I break down how we acquired the property, the challenges we faced, and the lessons learned along the way. From the unexpected issues during the VA inspection to the financial win despite lender fees, this episode highlights the pros and cons of investing in mobile homes, especially when considering factors like repair costs, mobile home park fees, and holding times.
You’ll also hear about why mobile homes can be a lucrative part of your investment portfolio, and I ask listeners: Would you consider investing in mobile homes? Tune in for key insights and to find out how this deal generated over $87,000 for my company.
Episode Highlights:
[0:00] - Introduction
[0:44] - Discussing the mobile home market and introducing a deal in Newark, Ohio.
[1:50] - Details of the property and the initial purchase price of $95,000.
[2:25] - Overcoming challenges with assigning the property and negotiating with a VA buyer.
[3:35] - The inspection process and repairs needed, including a new furnace.
[5:15] - Lessons from previous mobile home deals, including the risk of mobile home park fees.
[6:00] - Breaking down the $87,000 profit from this deal in under 60 days.
[6:54] - Considering whether mobile homes are a good investment—pros, cons, and potential profits.
 
If you enjoyed this episode, be sure to rate, review, and share the podcast! Follow me on social media for more real estate insights and updates. Keep turning properties into profits!

Ep 27: Who You Listen to Matters & Seeking the Right Mentor

In this episode of the Properties to Profits podcast, I dive into the importance of being selective about who you take advice from on your real estate journey and beyond. So often, we find ourselves listening to people who don’t have the life, career, or financial freedom we aspire to achieve. I discuss why it’s crucial to seek guidance from those who are already where you want to be—whether it's in terms of wealth, lifestyle, or personal development.
I share personal experiences about paying for mentorship from those who have mastered areas of life I want to improve, like balancing business with family. Tune in to learn how to identify the right people to listen to and why this mindset shift can be a game changer for your success in real estate and life!
Episode Highlights:
[00:00] Introduction to the podcast and today's topic: the impact of who you listen to.[00:46] The problem with taking advice from people who don’t have what you want.[01:06] Seek mentors who have the success and lifestyle you aspire to achieve.[01:26] Personal example: Why I pay for a coach who excels in areas I want to improve.[02:00] Balancing relationships while setting boundaries for advice.[02:18] Reiterating the importance of aligning yourself with the right people.[02:36] Monday Mindset: Listen to those who have what you want.[02:53] Closing thoughts and a call to action to share and connect on social media.
 
Closing Remark:
Thanks for listening to this episode of the Properties to Profits podcast! If you found it valuable, please subscribe, share, and leave a review. Remember, your network determines your net worth—connect with those who inspire you to reach your highest potential. Until next time, keep turning properties into profits!

Ep 26: The Power of ‘Subject To’ Deals | Creating Properties to Profits

In this episode of the "Properties to Profits" podcast, I'm diving deep into the world of "subject to" real estate deals — a creative way to purchase properties without taking on a new loan or putting down significant cash. I'll break down how you can acquire properties by taking over the seller's existing mortgage, why this strategy can be a game-changer when the seller has a great interest rate, and how it can help you build equity and cash flow from day one.
I'll also share my personal experiences, including a recent deal where we bought a property with just $5,100 out of pocket and are set to generate monthly rental income immediately. You'll learn the risks and challenges involved, including why transparency with sellers is crucial and how to handle potential pitfalls like the lender calling the loan due. Whether you're new to real estate or looking to expand your portfolio, this episode will equip you with valuable insights into the "subject to" strategy!
Timeline Summary:
[00:00] - Introduction
[00:21] - Introduction to the episode and the "subject to" strategy.
[01:05] - What is a "subject to" deal, and how does it work in real estate?
[01:46] - Real-life example: Acquiring a $300,000 house with a $90,000 mortgage.
[02:25] - Recent "subject to" acquisition with $70,000 in equity and $400 monthly cash flow.
[03:27] - Finding and structuring "subject to" deals, including ethical considerations.
[04:44] - Key risks involved in "subject to" deals and how to mitigate them.
[05:55] - Opportunities in wholesaling "subject to" deals and a call to action for listeners.
Closing Remark:
If you found value in today’s episode, please subscribe, rate, and share the "Properties to Profits" podcast with others who might benefit. Let’s keep turning properties into profits together! Stay tuned for more insightful episodes, and don’t forget to follow me on social media for the latest updates and tips.

Ep 25: How to Build a Morning Routine That Drives Real Estate Success

In this episode of the Properties to Profits podcast, I dive into the transformative power of morning routines. I open up about my personal journey from battling anxiety and depression to achieving consistent success in my real estate business, all thanks to a disciplined morning regimen. I share the habits that have helped me build resilience, maintain high energy levels, and stay focused on my goals, even during tough times. Whether you're struggling to find motivation or looking to level up your productivity, this episode is packed with practical advice and actionable steps to help you create a powerful start to your day.
Tune in as I walk you through the specifics of my morning routine, including cold showers, reading, and workouts, and explain why these habits can be game-changers for anyone looking to overcome personal challenges and reach new heights in their business or personal life. If you've ever wondered how to turn a rough morning into a productive day, this episode is for you!
Timeline Summary:
[0:00] - Introduction[00:45] - Introduction to the power of morning routines[02:08] - The importance of discipline and habits[03:04] - Overcoming personal challenges with a structured morning routine[03:19] - The benefits of cold showers and ice baths[04:55] - The role of reading and mindset in daily success[05:09] - Incorporating exercise to boost energy and focus[06:25] - Encouragement to try these routines before opting for medication[07:17] - Final motivational message and call to action
 
Closing Remark:
Thank you for listening to this episode of "Properties to Profits." If you found value in today's discussion, please subscribe, share the podcast, and follow me on social media for more insights and tips. Let's keep turning properties into profits together!