#633 Maintenance Man to Real Estate Millionaire

Today, we're taking a fascinating journey with a maintenance man who became a successful real estate investor against all odds. Get ready to be inspired by his incredible achievements and the valuable lessons he's learned. Our guest, Glenn Gonzales of Obsidian Capital, shares his story of triumph and lessons learned. Tune in for an engaging conversation where Glenn and I discuss how believing in yourself and staying dedicated to your goals can lead to great success.

 

Quote:

“If we’re gonna be in this business, for any length of time, you don’t want to be a “one and done,” to your listeners, to everybody - just do the right thing. Because what goes around comes around.”

 

Highlights:

2:16: Getting to know Glenn and his start in multi-family real estate from a maintenance tech to a property owner

 

11:04: The story of Glenn’s first real deal 

 

17:04: What Glenn paid vs what the previous owners paid on the deal

 

22:03 Terms coming due next 6 months to a year (Ex: 3yr-3 1/2yr bridge loans coming due)

 

26:43: Glenn tells the story of a few of his failures in his real estate journey, and how he overcame (surrounding neighborhoods, theft, covid, etc)

 

35:00: Are there a lot of untouched “vintage” properties left? 

 

37:00: Where to get Glenn’s book - “Maintenance Man to Millionaire: Real Estate Wealth Creation for Everyday People”

 

Guest Website: www.obsidiancapitalco.com

 

Recommended Resources:

• Accredited Investors, you’re invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club!

• If you’re a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team. 

• Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com. 

• Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.

Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.