Scaling to 7 Figures: Mike O'Connor's Journey from Corporate to Real Estate Mogul
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In this episode of the Go Big Live Real Estate Investors Podcast, host Matt Drouin interviews entrepreneur Mike O'Connor, who shares his journey from leaving a six-figure corporate job to building a seven-figure real estate business. Mike talks about starting with real estate investments during a market opportunity in 2012, acquiring 180 units, and building a vertically integrated business that includes management, construction, brokerage, and more, all by the age of 34.
With a portfolio exceeding $30 million in annual revenue, Mike also founded Nexus Point to connect businesses with high-level employees. The episode covers Mike's approach to business, focusing on cash flow, service quality, and the importance of brand recognition, as well as the significance of networking and strategic partnerships in growing a real estate portfolio and other business ventures.
00:28 Meet Mike O'Connor: From Corporate to Real Estate Mogul
01:52 The Entrepreneurial Journey: Early Life and Career Shifts
02:51 The Leap into Real Estate Investing
05:34 Building Partnerships and Scaling Up
06:30 Navigating the First Major Multifamily Deal
12:33 Expanding the Network: Finding the Right Partners
16:36 Navigating a Unique Real Estate Deal
16:57 Structuring the Partnership and Ownership
18:06 The Challenges and Strategies of Property Renovation
20:19 Learning from Third-Party Management to Self-Management
22:42 Innovative Solutions for Property Management
25:13 Reflecting on a Successful Real Estate Exit
29:09 Leveraging Real Estate Experience into Broader Business Ventures
32:36 Advice for Aspiring Real Estate Investors
Connect with Mike:
Email: [email protected]
LinkedIn: NexusPoint
101 episodes