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Welcome to a new episode of Get Creative! In this episode, host Keola Keala chats with real estate investor Michael Hillman about his wild journey from a homeless lead to making a whopping $80,000 profit on a distressed property. Mike shares how he sees value where others don't, the importance of trusting relationships, and how to navigate sketchy deals. Whether you're new to real estate or a seasoned investor, there’s a wealth of knowledge packed in this one!
Highlights:
"Every deal has potential, it’s all about how you structure it."
"I picture a treasure chest with $50,000 on the other side of that door."
"Don't compromise on price – it can be a very costly lesson."
"Team up and thrive – there’s no need to reinvent the wheel."
Timestamps:
0:00 - Mike Hillman's Introduction and Background
2:04 - Joining the SubTo Community
3:53 - Details of the Successful Deal
6:24 - Negotiating with Butch
17:31 - Acquiring and Renovating the Property
21:31 - Butch's Financial Gain and Mike's Support
23:17 - Renovation and Sale of the Property
26:35 - Final Thoughts and Advice
► Join The Subto Community & Learn Creative Finance Directly from Pace:
https://paceapproves.com/subto-gc?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast
► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals:
► Join Our Free Facebook Group to Connect with Pace and his Students: http://paceapproves.com/freefb-yt?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast
► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions:
https://paceapproves.com/tttc-gc?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast
► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success:
https://getcreativepodcast.com/
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