Michael Conroy is a real estate investor who capitalized on the legalization of marijuana and set up shop in Denver, Colorado. Not just small-time grower, Michael owns a 30,000 sq. ft. industrial property that he utilizes to grow cannabis for his business. The marijuana market is hot in Colorado and so is the cash flow with Mike making upwards of 45% ROI on his properties annually.
In this episode, Michael shares how he got started in the real estate business and how he jumped on the opportunity to begin marijuana cultivation. Mike talks about the numerous hurdles encountered along the way and how he stayed the course to become a success story in an industry where most fail.
Pro tip:
Thank you Michael for taking the time to share your expertise on building a real estate business around marijuana cultivation.
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© John Carney 2018
Meet John Victor, the real estate entrepreneur from Denver, Colorado. Starting out, John elected to go against the trend of apartments and turnkey houses and focus his attention on mobile home investments. He figured that fixing and flipping houses always looked so easy on TV, so the reality was bound to be different.
Despite the numerous obstacles that John encountered along the way, he was able to slowly and steadily scale one $5000 mobile home investment into five mobile home communities over eight years. Now John is focused on a new real estate venture called ‘Big Door’ - a garage-condo business loosely modeled after storage.
In this episode, John shares his success story about how he got started in the real estate game. He shares the reasons why he ventured into mobile home investments and why scaling this type of real estate business takes the right team. You will learn about his 2018 Big Door development and why it’s a great investment.
Thank you John for taking the time to share your expertise on building a real estate business around mobile homes and developing Big Door.
Listen to all the episodes of The Real Estate Locker Room Show and sign up for my FREE monthly newsletter at www.johncarneyonline.com
Connect with John Carney
Facebook: @JohnCarneyOnline
Twitter: @John_M_Carney
Instagram: @johnm_carney
© John Carney 2018
Scott Smith is an attorney, an avid MMA participant and founder of Royal Legal Solutions, a boutique law firm that specializes in real estate asset protection across the United States and Canada. What makes Royal Legal Solutions unique is that Scott is a real estate investor himself and knows exactly what every investor worries about when it comes to protecting their real estate assets and money. Before founding Royal Legal Solutions, Scott was known as an aggressive and ruthless litigator who never backed down. He draws on this past experience to protect his firm’s clients and defend them should they encounter a lawsuit.
In this episode, Scott shares his wisdom regarding asset protection and how even newbie investors can get started protecting their assets and wealth. He explains the difference between insurance and Limited Liability Companies (LLCs), the type of LLCs avalible to real estate investors, and why a Texas LLC protects investors better than the LLC structures in other states. Scott shares specific scenarios that involve lawsuits and the result between an investor with an LLC and an investor whose assets are held in their personal name.
Thank you Scott for taking the time to share your knowledge on asset protection and LLCs with the Real Estate Locker Room audience.
Connect with John Carney
Facebook: @JohnCarneyOnline
Twitter: @John_M_Carney
Instagram: @johnm_carney
© John Carney 2018