Crafting Adventures in Finance with Michael Mnatsakanian

Welcome to a new episode of Get Creative.  Join us on Michael Mnatsakanian's journey as he shares his remarkable journey through real estate investing, from the wilderness of Alaska to the realms of creative financing. Michael dives into the ingenious strategies behind acquiring 20 rental cabins in Alaska with minimal upfront investment, showing the blueprint for scaling success nationwide. Join us as we unravel the secrets to unlocking lucrative opportunities in the dynamic world of real estate.

 

Highlights:

"It's what does the seller need? And it's changed everything for me... solve the seller's problem. They're more likely to agree with you." 

 

"I would rather have a lower cash flow with no money tied up in the deal and have a higher yield, right? And basically an almost infinite return." 

 

"You can't use other people's money to buy that stuff... You can only do that in real estate." 

 

Timestamps:

02:26- Exploring Alaskan Real Estate

04:53- Understanding Seller's Needs

06:52- Resourcefulness in Ventures

09:09- Minimal Upfront Investment

12:57- Transformational Power of Creative Finance

16:17- Structuring Finance Deals

20:10- Professional Property Management

21:36- Dealing with Mismanagement

26:50- Scaling with Strategic Partnerships

32:0- Prioritizing Higher-Value Activities

 

Join my SubTo Mentorship: http://joinpacescommunity.com/ 

 

Join Our Free Facebook Community to Connect with KJ & Joseph: https://paceapproves.com/fbg-pod