Show notes
Willie Mandrell has been in the Boston real estate market for more than 13 years now. He has leveraged his knowledge and experience of the area to acquire a personal real estate portfolio worth over $10 million currently. Willie joins us in this episode to talk about why you should invest in real estate as soon as possible, the creative ways to invest in this space, and the secrets to having a continuous cash flow in your pockets. Listen to Willie and learn some cash flow secrets![00:01 - 06:11] Opening SegmentWhy cash flow is his priority Why you should invest in real estate now [06:12 - 16:15] The Power of the Self-Directed IRA When can you retire? Listen to WIllie’s story Willie tells us the power of the self-directed IRA What wealth-building is like for Willie [16:16 - 25:51] A Different Type of Passive Investing Here’s why you need to scale according to Willie What you should know about the after-repair value Willie talks about his creative real estate approach [25:52 - 37:51] Why Delegate Your Tasks You don’t have to be part of the real estate investment Why delegating tasks in real estate is a mustTake a sneak peek into Willie’s daily operations[37:52 - 46:17] Closing SegmentThe lesson from McDonald’s you should not missFinal words from Willie and me Tweetable Quotes: “The hardest thing...is for people to delegate and trust other people, but if you’re going to scale, you absolutely have to do it.” - Willie James Mandrell“If you have a piece of property that’s sitting around and you have a substantial amount of equity within that property, you can go right now and go get a home equity line...” - Willie James MandrellResources mentioned:Our previous episode with Sharon Lechter: Co-Author of Rich Dad Poor Dad - 2 US Presidents Advised, 10+ Bestselling Books; Assets Are SexyThe BRRRR MethodBookRich Dad Poor DadRich Dad's CASHFLOW QuadrantThe E-Myth Revisited------------------------------------------------------------------------------------------Connect with Willie on LinkedIn, Facebook, and YouTube. Turn your underachieving properties into high-yielding investments with The Mandrell Company. Guest email: [email protected] GET A FREE 30-minute consultation with Willie. Start here. Connect with me:https://www.5tcre.com/FacebookLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> [email protected] the Show.