JF1988: Lessons from Losing Everything with Mike Ealy

February 11, 2020 | Joe Fairless | 00:25:08

JF1988: Lessons from Losing Everything with Mike Ealy

Mike Ealy graduated from Tuskegee University with Electrical Engineering and started into real estate without understanding over leveraging.  Started off great, buying 20+ units and through some unforeseen events lost it all and moved back home at 30 years old. Instead of rolling over and giving up, Mike came back strong and took the lessons he learned from his experience and turned them into profits. Listen to the lessons Mike has learned so you don’t have to. 

Mike Ealy Real Estate Background:

  • Lost everything in the early 2000s but picked himself up and has since acquired over 1,500 apartment units
  • Just this August alone, Mike bought and closed on over $28M worth of real estate transactions.
  • Based in Cincinnati, OH
  • Say hi to him at https://nassauinvests.com/
  • Best Ever Book: The Hard Thing about Hard Things 

Best Ever Tweet:

“This is kind of like a marriage, you’re able to communicate, you’re able to express your thoughts and move on, but if you’re married to someone and have to constantly argue everyday it’s not going to be a great marriage because in these deals you’re locked in for 3-7 years.” – Mike Ealy

The Best Ever Conference is approaching quickly and you could earn your ticket for free.

Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell. 

Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear.

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Joe Fairless