Starting Small in Real Estate Can Lead to Massive Wealth

Welcome back to Radical Wealth Plan, hosted by Paul Mark Morris and brought to you by Entrepreneur Media.

In this episode, I’m joined by Randy Fifield, a seasoned real estate investor and developer whose journey began with a single six-unit deal and evolved into billion-dollar real estate decisions. We break down what it really takes to build wealth over decades—why starting small matters, how leverage and market cycles create opportunity, and why community, patience, and adaptability are the true long-term advantages. This is a masterclass in playing the long game of real estate and building assets that last.

*Randy Fifield *

Facebook: https://www.facebook.com/RandyFifieldML/Instagram: https://www.instagram.com/randyfifield/

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Presented by Entrepreneur Media & Money News Network

Entrepreneur Media: https://www.entrepreneur.com/podcasts

Money News Network: https://www.moneynewsnetwork.com

Timestamps

00:00:00 Welcome and Introduction

00:00:28 Early Real Estate Ventures

00:01:23 The Six-Unit Strategy

00:02:47 Financing and Market Insights

00:06:11 Generational Wealth and Family Investments

00:08:11 Community and Market Signals

00:13:08 High-Stakes Real Estate Deals

00:17:43 The Ambassador Hotel and Legacy Assets

00:33:32 The Queen of Mean and Real Estate Dynamics

00:34:45 Rick Caruso's Altruistic Approach

00:36:38 Women in Real Estate: Breaking Barriers

00:38:19 The Great Reset and Future Opportunities

00:40:03 Starting Small and Growing Big

00:48:07 The Importance of Team and Knowledge

00:54:38 Real Estate vs. Stock Market
01:01:43 Reflections and Future Plans

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