Nov 3, 2021
Our guest is a commercial real estate broker who served 10 years in the U.S. Army.
We have Michael Glaspie in today’s show. He bought his first property in 2018 and went into real estate full-time after getting out of the military in January 2020. Now that he is a veteran, he educates other veterans on building the lifestyle they deserve through creative investing.
In this episode, Michael weighs
in on some of the top concerns that buyers have brought up with
him. He then shares his process for acquiring commercial properties
and offers advice so that you, too, can scale your business.
If you’re looking to
get into Airbnbs or buy-and-hold properties, this is the episode
for you!
Key Takeaways
[02:02] Michael’s reasons for joining the military and getting into real estate
[05:28] His transition from house hacking to wholesaling to creative financing and buy-and-hold rentals
[08:20] On subject-to deals, loan assumptions, the due-on-sale clause, and foreclosures
[13:15] How Michael scaled to commercial real estate and found work-life balance
[17:02] Leverage your systems and hire
[18:42] What Michael looks for in opportunities and how he finds Airbnbs
[26:05] On forming strategic partnerships
[28:52] What Michael learned from his father
Links
Michael Glaspie’s website - https://www.michaelsglaspie.com/
Living Off Rentals YouTube Channel - https://www.youtube.com/channel/UCRpWXe2mWqBm5vvbO2R2AdA?sub_confirmation=1
Living Off Rentals Facebook Group - www.facebook.com/groups/livingoffrentals
Living Off Rentals Website - www.livingoffrentals.com
Living Off Rentals Instagram - www.instagram.com/livingoffrentals