Frugality and Financial Habits in Skateboarding

The speaker discusses their frugality and financial habits during their skateboarding career, including keeping their expenses low and investing in asset classes that require a lot of money. They also talk about the fear of not knowing what life after skateboarding would look like and how routine and discipline played a role in their financial decisions.

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Cash flow “machines” is how Mikey Taylor describes his most recent investments. To the non-investors, the numbers seem too good to be true. But Mikey has repeated this system, again and again, to make millions of dollars off of “boring” investments that most investors overlook. What “cash machines” is Mikey referring to, and how do you go from making $800/month to millions of dollars like he did?

Mikey has no degree, full-time job, or wealthy parents to hand him an inheritance. At sixteen, Mikey made it his mission to find sponsors for his skateboarding career. What started as a hobby grew into a profession, but Mikey knew it wouldn’t last. After searching for some other income to support him when his career finally ended, Mikey conveniently stumbled upon real estate—and the rest is history.

Since ending his skateboarding career, Mikey has built a brewery, invested in multiple BIG multifamily deals, and started buying the “cash machine” properties so many investors WISH they could get their hands on. If you want to know the strategy behind these bold moves and how you can go from barely scraping by to financial mastery, like Mikey, this is THE episode to watch.

In This Episode We Cover:

The “cash machine” real estate investments only few investors will buy

What REAL passive income looks like and how to start building your income streams today

Starting a brewery from scratch and selling it for an almost unbelievable profit

The “blue ocean” real estate deals many are too scared to touch

Converting Kmarts into self-storage and how much money Mikey makes off of each

How to avoid lifestyle inflation when you start making big bucks (so you can invest the rest!)

And So Much More!

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