Disruptors From $76 Bank Account To Multi-Million Real Estate Businesses
What does it take to go from having nothing to building successful multi-million dollar real estate businesses? If so, the story of Max and Kaitlin Vollmer will inspire you.
Two individuals started their journey with $76 but had big dreams and a strong work ethic. Despite facing numerous challenges, they built successful real estate businesses that generated millions in revenue.
From $76 Bank Account To Multi-Million Real Estate Businesses | Video Replay
From $76 Bank Account To Multi-Million Real Estate BusinessesFrom $76 Bank Account To Multi-Million Real Estate Businesses
Max and Kaitlin Vollmer | Vollmer Coaching & Vollmer Real Estate Investments
Max and Kaitlin started their journey of being financially free Real Estate entrepreneurs with $76 in their bank account, no support, and still being full-time college students. Max competed for the University of Oregon and was a world-class Track and Field Athlete competing for Germany, while Kaitlin played college volleyball. They met in college and started their business because they were sick of being unable to afford anything and stuck in the system that schools and society are teaching. Both wanted to be free and travel the world while being young and able to do what they wanted to and still own and operate a business.
Max and Kaitlin started by wholesaling vacant land across the USA. Initially, they hustled out of their bedroom between classes and training. Eventually, they scaled a virtual wholesaling business in 8 different states that did a variation of vacant land and Single-Family Residential transactions. While running this business, they utilized strategies like Novation (wholesaling through the MLS), Seller Financing, and traditional wholesaling to investors and hedge funds. Eventually, they scaled to a fix-and-flip business and built their in-house construction team. While Max was born in Europe, they started raising money internationally. They built a private equity fund to syndicate rentals and apartments and connected to international turnkey buyers who bought cash-flowing fix-and-holds from them.
Out of that business model, they also started building a business around apartment syndications. They focused on class C value add apartments in target areas and eventually scaled that to build out an in-house property management and brokerage division. With all these businesses, they currently have 35 employees, own and operate 50+ rentals and 120+ doors within their apartment portfolio, have done over 400 fix-and-flips and wholesales, and own and operate 10+ short-term rentals.
Max and Kaitlin also build a side hustle that allows them to make more passive income streams with the least active work out of all their businesses. They build out an Airbnb arbitrage business and use that money mainly to travel the world and explore different cultures and the beauty of mother nature.
From $76 Bank Account To Multi-Million Real Estate Businesses
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About Steve Trang
Steve Trang (https://www.stevetrang.com) is the founder of Real Estate Disruptors. He started his podcast in the middle of 2018 to inspire wholesalers and real estate agents to double their incomes by adding a 2nd leg to their business. The podcast has grown to tens of thousands of followers, with new community members sharing their success stories every week.
Steve also created the OfferFast Homes app. The app aims to help wholesalers jump-start their careers faster by putting all buyers in one place. The hope is to minimize the challenge of building a buyer list when getting started in wholesaling.
Steve’s legacy will be to create 100 Millionaires. One of his favorite quotes is from the great Zig Ziglar: “You can have everything in life you want if you will just help enough other people get what they want.” He heard this quote when he first got into real estate, and it has stuck with him throughout his entire career. It’s essentially one of the core values Steve lives by.
Since starting Stunning Homes Realty in 2013, the brokerage has had over 130 agents. SHR has an almost 1% market share in the Greater Phoenix Area and sells one out of every 137 homes in the Phoenix Metro (https://www.stunninghomesrealty.com).
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