On this week’s episode of The Art of Passive Income, Mark welcomes Value Investor and portfolio holder of residential and commercial units, the Equity King himself, Marcus Maloney to the show.
Marcus Maloney is a Value Investor and portfolio holder of residential and commercial units with a track record of over 3.3 million in wholesale transactions in multiple states. His remarkable skill of finding real estate opportunities with immense amounts of equity has caused him to be known as the Equity King in the real estate world.
He is an active member of the National Association of Realtors (NAR) and the Phoenix Association of Realtors (PAR). Currently, Marcus wholesales properties virtually in various states, which allows him more time to diversify his already extensive investment portfolio through the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy without spending any money out of his pocket. He not only buys and sells; he has purchased and converted several properties into cash flowing rentals. Presently, Marcus holds seven (7) rentals, 2 of which are commercial units. Adding to the splendor of his skill set, he’s also gone and done the imaginable—purchased a school! He then converted it to a daycare center.
Though Marcus enjoys his successes and the opportunities that come from his fame of turning a marginal profit into a significant equity situation, he had been a high school and college dropout before taking charge of his life. He went from a high school dropout to securing his GED ahead of his classmates, then completing his MBA in 2011 from Olivet Nazarene University. His education and his humble upbringing on 59 acres of farmland form the foundations of his investment philosophy.
Listen in as they discuss:
Real estate is a relationship game. You have to be constantly following up. ~Marcus Maloney
TIP OF THE WEEK
Mark: My tip of the week is to learn more about Marcus Maloney at marcusemaloney.com and check out his podcast.
Marcus: My tip is I just want to make sure that everyone is feeding themselves with the right information and what I mean by that is make sure you reframe or frame your day by having a daily routine. Make sure you're feeding yourself something positive (like praying and meditating) in the morning and get ready to attack those negative outcomes that may come
Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?