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Mike Wallace

Episode 159: $7500 / MO in 8 Months

Mike Wallace is 34 years old. He grew up in Dallas/San Antonio and graduated from UTSA with a degree in Finance. Mike worked as a commercial lender for several banks in San Antonio for 12+ years before starting investing in real estate in May 2017.

What you’ll learn about in this episode:

  • How real estate improves during a recession
  • The benefits of purchasing a ‘Walmart’ house
  • How Mike started bringing in multiple deals in such a short period of time
  • How Mike finds most of his leads
  • Mike’s goal for creating cash-flow
  • The tools that Mike uses to help him find properties
  • The importance of having a mentor
  • The value of planning accordingly if you are thinking of getting into real estate
  • The importance of having a backup plan

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