Turning a Homeless’ Lead to $80K Profit with Michael Hillman

Get Creative with Pace Morby

Welcome to a new episode of Get Creative! In this episode, host Keola Keala chats with real estate investor Michael Hillman about his wild journey from a homeless lead to making a whopping $80,000 profit on a distressed property. Mike shares how he sees value where others don't, the importance of trusting relationships, and how to navigate sketchy deals. Whether you're new to real estate or a seasoned investor, there’s a wealth of knowledge packed in this one!

Highlights:

"Every deal has potential, it’s all about how you structure it."

"I picture a treasure chest with $50,000 on the other side of that door."

"Don't compromise on price – it can be a very costly lesson."

"Team up and thrive – there’s no need to reinvent the wheel."

Timestamps:

0:00 - Mike Hillman's Introduction and Background

2:04 - Joining the SubTo Community

3:53 - Details of the Successful Deal

6:24 - Negotiating with Butch

17:31 - Acquiring and Renovating the Property

21:31 - Butch's Financial Gain and Mike's Support

23:17 - Renovation and Sale of the Property

26:35 - Final Thoughts and Advice

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