What I’d Do If I Lost It All… Again
In 2002, I hit rock bottom. Every property I owned was foreclosed—houses, apartments, even my own home. I went from owning a portfolio to living with my parents, broke and defeated.
I know what it feels like to lose everything. The fear, the frustration, the uncertainty. But I also know how to rebuild from nothing.
If I lost everything today—my 40 houses, 1500 apartment units, 4 hotels, and my $120M hotel/condo project—this is exactly how I’d bounce back:
1️⃣ Secure a Cash-Flowing Property:
I’d focus on buying an apartment building that generates enough income to cover my family’s living expenses. Stability first.
2️⃣ Tap Into My Network:
I’d pick up the phone and call every investor, partner, and lender I’ve worked with. I’d ask for introductions to others and use social media to attract more capital.
3️⃣ Find the Deals:
I’d contact brokers, property managers, and wholesalers in my area to get leads on multifamily buildings. I’d analyze them, make offers, and close using other people’s money and credit.
Here's the truth:
Big investors don’t start small again—they go straight for the big deals. Why? Because they understand the power of leverage and know how to use other people’s money, credit, and expertise to bounce back faster.
The best part? This isn’t just about recovering; it’s about thriving. If you think big, build the right network, and stay consistent, you can turn any setback into a comeback.
Want to learn how to raise capital for big deals like this? Join the replay of my webinar, How to Raise Millions in Capital, tomorrow, December 25 at 8 PM EST.
This is your chance to learn how to leverage your network and go from where you are to where you want to be.
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Mike Ealy
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What I’d Do If I Lost It All… Again
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