222: Funding and Protecting Your Real Estate with Bruce Mack

Greg McCluskey is a professional real estate investor with over 21 years of experience. At a young age, his father instilled within him the importance of family, education and entrepreneurship.

He started his real estate training after graduating college where he worked for Franklin Covey for 3 years. With limited experience, he purchased three properties in a span of 30 days each returning a hefty profit $88,000, $76,000 and $74,000. This allowed him to quit his job and go on to build several successful businesses such as: a construction company, mortgage brokerage, real estate consulting company, development company and dealt with multiple investments in numerous real estate properties and construction projects.

In 2004, Greg was able to flip a total of 104 homes in the Salt Lake area. His success allowed him to expand his business to Arizona, Idaho, Nevada and Massachusetts. His business was involved with over $175 million in real estate. This allowed him to spend quality time with his children where they traveled often together.

In 2008, Greg was hit hard by the real estate meltdown. He lost everything; except the people whom he cared for the most, his Children. Their unconditional love and support inspired Greg to use his knowledge and expertise to bounce back and rise above his struggles despite having no money and credit.

Greg just exited a project in 2018 controlling over 1,000,000 sq. ft. of residential and commercial real estate in and around Dayton, OH; in addition to 57 properties flipped in the Columbus, OH market.

Greg has built a new business, Breakaway Training LLC, where he provides an affordable solution for people interested in learning and mastering valuable skills in real estate without breaking the bank to get an education.

Key Points
From rags to riches to rags
From picking up his first Carlton Sheets course to flipping homes
Greg has learned everything he knows in business from coaching girls soccer
Finding flip properties in foreclosure
Lightning Questions
What was your biggest hurdle getting started in real estate investing, and how did you overcome it?
Mindset. Greg improved his mindset by reading books, focusing on positive thinking.
Do you have a personal habit that contributes to your success?
Reading. Greg also wakes up everyday with faith and expectations.
Do you have an online resource that you find valuable?
Google
What book would you recommend to the listeners and why?
Being Happy by Andrew Matthews
The Servant by James C. Hunter
If you were to give advice to your 20 year old self to get started in real estate investing, what would it be?
Go get your first property. Just do it. Don’t wait. Find a mentor and follow that person.
Resources
Visit Audible for a free trail and free audio book download!

BreakAwayMindset.com

Greg’s Facebook Profile

Greg’s LinkedIn Profile

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221: Freedom vs. Security – Friday Fundamentals

Freedom vs. Security
Life is full of choices. You have the ability to live your life how you want for the most part. Work a 9-5, be an entrepreneur, travel the world, buy a home, raise a family, adopt a child, marry a spouse, etc. There are so many different ways you can live your life, and it’s completely up to you to decide.  When you ask someone what they want in life, you’ll get typical answers like health, happiness, prosperity, wealth, etc. Those all make sense. Who wouldn’t want those things? But then comes this dichotomy. People want freedom. They also want security. In today’s episode we’ll aim to dissect each of those two terms – freedom and security – and then compare and contrast them.

Security. This seems like a reasonable desire, right? It’s natural to want to protect yourself and your family from threats. After all, that’s how our ancestors survived generation after generation, and lead us to where we are today.  Often when people talk about security they’re referring to financial security just as much as physical security. Financial security could be the ability to retire when you want. It could be job security, meaning you have a stable and steady job to rely on. It could simply mean knowing what to expect in your life tomorrow, next week, and next year.

Then we have Freedom. Freedom is another thing that people want. It is one of the principles the United States is founded on. We likely take many of the freedoms we do have for granted. We have the freedom to choose our careers, who we marry, where we live, how we earn money, where we travel, speak freely, discuss ideas,  and so much more. People have so much freedom that they don’t even know what to do with it. I have a good friend who travels the world with nothing more than a backpack. He’s been abroad for two years now traveling all around the world and picking his next stop based on what type of food he’s in the mood for. I’m not kidding. He has what most would call a high level of freedom.

Freedom and security are a bit of a dichotomy. On one hand, freedom allows you the flexibility to do what you want, whereas security will provide assurance and safety every day. Think of freedom and security on a sliding scale, with freedom on one end and security on the other. Now take that slide and push it all the way to the security side. There are all different types of ways to relate this, but let’s look at a few examples.

If we were talking about government, then the security side of the scale might look a lot like communism, whereas the freedom side of the scale might look like total anarchy. I’m not attempting to be political here, but rather show that if you have only one side of the scale then the results look much different from the other side.

Or another example is your lifestyle. Slide the scale all the way to the security side and you might find yourself in a maximum security prison. Slide it all the way to the freedom side and you might find yourself without any possessions, job, or money, roaming the world doing whatever you want with absolutely no security. After all, we don’t have any maximum freedom prisons that I know of. But we do have maximum security prisons.

Now sure, these are quite dramatic examples but you begin to understand what one without the other looks like. Then comes the question, why are we even talking about freedom vs. security in the first place. Well, you have the ability to live your life as free or as secure as you want. It’s up to you to decide where to take risks for your freedom, and where you want security. Chances are you probably don’t want completely one without the other.

Only you know what balance of freedom and security is best for you. Understanding that taking risks in return for some level of freedom will cost you some security is important. So find freedom where you want. Build security where it matters to you. Using these two levers you can begin to engineer the lifestyle you want, which is one of the fundamentals here at the Real Estate Way to Wealth and Freedom. 

Resources
Visit Audible for a free trial and free audiobook download!

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220: Break Away Mindset with Greg McCluskey

Greg McCluskey is a professional real estate investor with over 21 years of experience. At a young age, his father instilled within him the importance of family, education and entrepreneurship.

He started his real estate training after graduating college where he worked for Franklin Covey for 3 years. With limited experience, he purchased three properties in a span of 30 days each returning a hefty profit $88,000, $76,000 and $74,000. This allowed him to quit his job and go on to build several successful businesses such as: a construction company, mortgage brokerage, real estate consulting company, development company and dealt with multiple investments in numerous real estate properties and construction projects.

In 2004, Greg was able to flip a total of 104 homes in the Salt Lake area. His success allowed him to expand his business to Arizona, Idaho, Nevada and Massachusetts. His business was involved with over $175 million in real estate. This allowed him to spend quality time with his children where they traveled often together.

In 2008, Greg was hit hard by the real estate meltdown. He lost everything; except the people whom he cared for the most, his Children. Their unconditional love and support inspired Greg to use his knowledge and expertise to bounce back and rise above his struggles despite having no money and credit.

Greg just exited a project in 2018 controlling over 1,000,000 sq. ft. of residential and commercial real estate in and around Dayton, OH; in addition to 57 properties flipped in the Columbus, OH market.

Greg has built a new business, Breakaway Training LLC, where he provides an affordable solution for people interested in learning and mastering valuable skills in real estate without breaking the bank to get an education.

Key Points
From rags to riches to rags
From picking up his first Carlton Sheets course to flipping homes
Greg has learned everything he knows in business from coaching girls soccer
Finding flip properties in foreclosure
Lightning Questions
What was your biggest hurdle getting started in real estate investing, and how did you overcome it?
Mindset. Greg improved his mindset by reading books, focusing on positive thinking.
Do you have a personal habit that contributes to your success?
Reading. Greg also wakes up everyday with faith and expectations.
Do you have an online resource that you find valuable?
Google
What book would you recommend to the listeners and why?
Being Happy by Andrew Matthews
The Servant by James C. Hunter
If you were to give advice to your 20 year old self to get started in real estate investing, what would it be?
Go get your first property. Just do it. Don’t wait. Find a mentor and follow that person.
Resources
Visit Audible for a free trail and free audio book download!

BreakAwayMindset.com

Greg’s Facebook Profile

Greg’s LinkedIn Profile

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219: Your Reality – Friday Fundamentals

Your Reality
Reality – the world or the state of things as they actually exist, as opposed to an idealistic or notional idea of them. Reality is the world we see around us – people, government, society, culture, wealth, etc. Everyone wants to be better. Everyone wants to improve, grow, achieve more success, and create their own reality. Your reality is in your own mind.

“Life is 10% what happens to you and 90% how you react to it.” – Charles Swindoll

Your reality isn’t some external factor that is imposed on you. For the most part, you have the ability to determine what your reality is. You can decide how you react to the external environment and influences, and let them shape you as you desire. Our minds are powerful and we are able to take any external action and process it in many different ways. It’s the people who choose to process these external stimuli in a positive manner and use it to their advantage, who are the ones who shape their own reality.

You can look around and find all sorts of things that reinforce your reality. If you’re looking for poverty, then you will find it. If you’re looking for wealth, then you will find it. If you’re looking for positivity, growth, and opportunities, then you will find it.

Our brains are wired to recognize things we are familiar with. For example, let’s assume you have a 2004 white GMC Sierra truck. You’re out driving around and you notice the exact same truck driving the opposite direction. Why did your brain stop and recognize that one truck out of the hundreds you passed by?

This is the same reason that it’s important to be conscious of your thoughts. Your thoughts shape your reality. If your thoughts are ones of success, opportunity, wealth, happiness, etc. then guess what your brain will recognize next time you’re out driving your 2004 GMC Sierra around? Precisely those thoughts!

Shaping Your Reality
Once you understand that your thoughts shape your reality, then you can begin to start exercising your mind and filling it with thoughts that will create the reality you want. With so many external influences, it can be a challenge to guard your mind against all of the things you don’t want in it. Here are several ways in which you can consciously and subconsciously shape your reality.

Surround yourself with like-minded people. This might be the most impactful action you can take. People are social beings, and we are influenced by our friends, family, coworkers, the news, social media, etc. Unfortunately, not all of those people have your best interest at hand or don’t realize that their words, actions, and mindset can affect you. Surround yourself with people who make you better, force you to grow, challenge your mindset for the better, and overall make you a better person. These are the people you should strive to be around. Life is too short to surround yourself with people who are constant victims, complain about the way things are rather than take action, and especially those who want to pull you down to their level so they’re not alone. Find people who inspire you and want to lift you up. And of course, help others do the same. This habit alone will help you shape your own reality.
Meditation. This one area I personally lack in, but strive to get better. Meditation can help you clear your mind and bring to the surface what is really important to you. Meditation is a bit of an art and takes some practice. Try sitting alone in silence and remove all distractions, thoughts, etc. By doing this, you cleanse your mind of all the noise and outside influence, focusing on what you want.
Read. I don’t know of a better way to grow your mind with knowledge than reading books. Your mind is like a sponge – what you put in is what you get out. If you fuel your mind with valuable content, new material, and that stuff that will shape the reality you want, then that’s just what you’ll get.
Guard your mind against negative influences. The world is filled with noise, people trying to get your attention with news headlines, social media distractions, and so much more. These things will not help you create the reality you want, so don’t give them the time of day to take up precious space in your mind. After all, you can’t worry about everything.
By doing these 4 things, you will begin to see changes in your reality. Your mindset will open up new opportunities for you.

Living Your Reality
You only get one life. No matter what reality you want, you are entirely capable of shaping and creating that reality. You have to choose what you want your life to be, and then make it happen. Every show I end with “engineer the lifestyle you want”, and this is exactly what I am talking about. You can design, create, shape, build and live any life you want. Any life! All you have to do is imagine that life, work towards it, take conscious and calculated actions, and you will get there. So, what is your reality?

Resources
Visit Audible for a free trial and free audiobook download!

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218: Before the Millions with Daray Olaleye

Daray Olaleye
Daray is a successful Real Estate Entrepreneur and Business Coach. He mentors overwhelmed and unfulfilled employees in the professional world through the process of creating and building a lifestyle business through real estate investing so that they can escape the rat race and live a life of their design.

While simultaneously growing his passive income portfolio of real estate assets and business accolades, he’s channeled his burning desire to help others by urging a change in their beliefs about who they are and what type of lifestyle they’re able to achieve with the right mindset, focus, and leverage.

When Daray isn’t working, he can be found traveling, trying new cuisines, volunteering at Start of Hope and on his social media platform of choice Instagram.

Key Points
Trading your time for dollars vs. trading your value for dollars 
Burning out working a  9-5 for a Big 4 accounting firm
Pursuing your true passions and talents
House hacking a 4-plex as your first investment
Lightning Questions
What was your biggest hurdle getting started in real estate investing, and how did you overcome it?
Lack of knowledge. Daray jumps in full fledge when he decides he is going to do something. 
Do you have a personal habit that contributes to your success?
Daray does things that he likes. 
Do you have an online resource that you find valuable?
BiggerPockets
What book would you recommend to the listeners and why?
The 12 Week Year by Brian Moran
If you were to give advice to your 20-year-old self to get started in real estate investing, what would it be?
Whatever you are interested in, go do that. Take action. 
Resources
Visit Audible for a free trial and free audiobook download!

Connect with Daray Olaleye on Instagram

Before the Millions podcast

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