4min chapter

Intentional Growth cover image

#361: Peaks and Valleys of Entrepreneurship: How the Reilly Brothers Sold $250M Worth of Real Estate, Went Broke, and then Sold $75M Worth of Golf Carts in 45 Days

Intentional Growth

CHAPTER

The Importance of Honesty

In 2011, when the real estate market was at its lowest point, Rob and his wife decided to start buying distressed properties. They bought over a thousand houses for less than they had sold in 1980 or 1975. The couple also started taking their five children on trips that helped them get caught back up from ramen and bikes. In 2013, after years of working with Townsend Kane as an investment firm, Mr. Kuznetsov began selling off some of his company's assets so he could focus more on family life. He now has about $1 billion worth of investments under advisement.

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