100: Rags-to-Riches Story: Substance Abuse to Multifamily Game Leads to Successful Business

Jan 2, 2020

Ask episode

Chapters

Transcript

Episode notes

Real estate is a journey. In the first episode of the Multifamily Legacy Podcast, I shared my journey into the multifamily space. For the 100th episode, someone else’s rags-to-riches story is featured.

Today’s guest is Will Harvey of CEO Capital Partners. He came from the lending world, got into a bit of trouble, but the lessons learned from substance abuse led to success.

Topics on Today’s Episode:

Multifamily Game: Best journey that provides two things—time and money
Early Entrepreneur: Collect, clean, and sell public golf balls to private course
Double Dropout: Focus and make better choices by getting a real job and sober
Support System: Family and friends help to get you back on your feet
Landlord Lows: How to manage tenants better and guarantee cash flow
Single-family vs. Multifamily: Battle scars from bad condo conversions or development that went south, but multifamily doesn’t miss a beat
Deal Goggles: Kill deals before they cost money but don’t go under contract
Will’s Superpower: Raising money/capital
Action Items: Continue to learn and recognize paralysis by analysis
Want to quit your day job? Will and desire needed to improve your circumstance
Best Advice: Don’t seek qualified advice from unqualified people and think bigger

Links and Resources Mentioned:

Quotes:

“You don’t want to go up the ladder. You want to own the ladder.” Will Harvey

“Lightbulb Moment: I need to buy as much real estate as I can cause this is awesome.” Will Harvey

“The best advice that I would give is don’t seek qualified advice from unqualified people.” Will Harvey

“It’s the best journey that I know that gives you the two things that most of us dream about, which is time and money.” Corey Peterson

Don’t forget to download my Free Workshop Quickstart Video Series, and if you like what you have heard please leave a review on iTunes.

Text the word MONEY to 408-500-1127 to get my free private money program and credibility kit for single family.