Building a Real Estate Empire: Strategies, Challenges, and Triumphs with Lisa Michaud

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Unlock the secrets to building a massive real estate empire with insights from Lisa Michaud, a seasoned investor boasting over 90 doors in her portfolio. Lisa takes us behind the scenes of her journey, sharing actionable strategies like house hacking, self-storage, and multifamily properties. Discover why multifamily investing stands out for its stability, diversification, and economies of scale, along with the power of commercial financing to propel portfolio growth beyond the limits of traditional residential methods.
Ever wondered how to successfully invest in real estate from afar? Join us for a humorous and enlightening discussion as we recount Troy's initial resistance to investing outside his hometown and the invaluable lessons learned over a decade of remote investing. We break down the essentials of assembling a rock-solid team, emphasizing the role of investor-focused realtors and competent property managers. Plus, we debunk common misconceptions about real estate investing, stressing the significance of strategic planning and resilience over the allure of quick riches.
Relive the highs and lows of our investing journey, from early missteps that cost us millions to the nail-biting experience of purchasing a 13-door building at the onset of the COVID-19 pandemic. Lisa candidly shares how education, mentorship, and a clear vision were pivotal in scaling from 9 to over 90 doors in under four years. Finally, learn practical tips for networking and building genuine relationships within the real estate community, empowering you to add value and forge connections that drive success. Tune in for an episode packed with wisdom, humor, and real-world advice.

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1. Real Estate Investing Strategies and Financing (00:00:00)

2. Building a Successful Real Estate Team (00:11:49)

3. Overcoming Challenges and Building Success (00:16:49)

4. Building Genuine Relationships for Success (00:24:36)