Capital Hacking cover image

Capital Hacking

E281: From Engineer to Full-Time Real Estate Investor with Kyle McCorkel

May 11, 2023
26:12

In this episode of Capital Hacking, Josh McCallen interviews Kyle McCorkel, an industrial engineer turned full-time real estate investor. Kyle shares his journey of building a machine to find deals and add to his portfolio, how he finances those deals, and partners for success. He also discusses his passion for helping others achieve financial freedom and how he and his family are charting their course towards it. If you're a learner interested in real estate investing, this episode is a must-listen!

Visit us www.capitalhacking.com for all episodes and show notes!


[00:01:28] Building a wholesale machine.
[00:03:58] Passive income and real estate.
[00:08:00] Tracking real estate cash flow.
[00:11:34] Unique portfolio tracking method.
[00:14:56] Direct mail marketing strategy.
[00:17:49] Targeting strategies for leads.
[00:21:15] Buy and hold acquisition drought.
[00:25:16] Real Life Rentals and Twitter.


Kyle, the guest, began investing in real estate in 2015 while still working and consulting. He was searching for ways to generate passive income and stumbled upon real estate as a viable option. He started purchasing his own properties and continued working until around 2019 when he reorganized his finances and began living off his wife's income. This allowed him to focus full-time on expanding his real estate portfolio, which now includes 54 rental units, a wholesaling business, and property flipping. His ultimate goal is to reach a point where his wife can also leave her job, achieving financial freedom for their family.

Kyle's current focus is on building his wholesaling business, flipping properties, and acquiring as many rental properties as possible. He has already left his job and is working towards expanding his portfolio even further. He rearranged his finances and was able to live off his wife's income, which allowed him to concentrate on building his real estate portfolio full-time. His ultimate goal is to achieve financial freedom for himself and his family.

Kyle believes in trying new things and being willing to fail. He acknowledges that he tries something new all the time and feels like he fails 99% of the time. However, he believes that even if you succeed 1% of the time, you can start to do some pretty cool stuff. Kyle's business plan has grown organically, and he admits to feeling around in the dark sometimes. He has built a robust business plan that focuses on building the machine to acquire properties, rather than just acquiring them. Kyle's ultimate goal is to reach a point where his wife can leave her job.

Turn your unique talent into capital and achieve the life you were destined to live. Join our community!

We believe that Capital is more than just Cash. In fact, Human Capital always comes first before the accumulation of Financial Capital. We explore the best, most efficient, high-integrity ways of raising capital (Human & Financial). We want our listeners to use their personal human capital to empower the growth of their financial capital. Together we are stronger.

Linkedin
Facebook
Instagram
Apple Podcast
Spotify

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode