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.
“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.”
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”
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