Dropping Bombs Alvin Johnson. From Zero to Hundreds of Millions. Episode 486 with The Real Brad Lea (TRBL)
Jun 23, 2022
Alvin Johnson, a real estate industry veteran, shares his journey from being a handyman to building a $225,000,000 empire. Topics include playing real life multi-family monopoly, the power of mindset, paying for solar, and making money from single moves. Alvin's 3 Day Bootcamp is also discussed. Get inspired!
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Early Success and Failure
- Alvin Johnson's early success story involved becoming a contractor and quickly earning his first million dollars.
- He lost it all due to poor investments and high interest rates, leading to a suicide attempt.
Learning from Bankruptcy
- After losing his wealth, Alvin volunteered for a large apartment company and eventually became president.
- The company went bankrupt, but he gained invaluable experience, leading him to pursue apartment ownership.
First Apartment Complex Success
- Alvin purchased his first apartment complex, 110 small houses, with no money down by partnering with an investor.
- Through renovations and repositioning, he increased the property value from $1.2 million to over $8 million.