REIClub | Real Estate Investing Podcast - From Wall Street to Arby's - Brad Gibb goes all-in on Real Estate

From Wall Street to Arby's - Brad Gibb goes all-in on Real Estate

02/20/23 • 33 min

We all felt the effects of the Great Recession of 2008, but few of us had a front row seat to the chaos and the pain it caused. Brad Gibb is one of those people. In 2007 he had just landed his dream job at Goldman Sachs and felt like he was on his way to achieving the American Dream.

Then it all came crashing down on a crisp fall morning in 2008.

As Lehman Brothers collapsed, so did Brad's trust in Wall Street. All of a sudden, contributing to a 401k for 40+ years and hoping it all went well didn't seem so smart. So Brad left Wall Street and started flipping houses.

But after one too many nights eating Arby's 5 for $5 roast beef sandwiches and sleeping on the floor in his property, he realized fix & flipping wasn't all rainbows and unicorns either. So he set out to plot a better course to financial freedom through real estate.

With over 1,000 students who now own over 60 million dollars of real estate that is generating over 1 million dollars per month of passive income, it's safe to say Brad & his partners at Cash Flow Tactics have charted a pretty good course.

But you've got to listen to hear how they got there.

https://reiclub.com/cashflowtactics

Then it all came crashing down on a crisp fall morning in 2008.

But you've got to listen to hear how they got there.

https://reiclub.com/cashflowtactics

Previous Episode

David Lecko on flipping houses with 0% credit cards

David Lecko the founder of DealMachine is here for today's episode of First & Worst. His First deal in real estate investing was not what you'd expect. But his Worst deal IS what you'd expect from a newbie flipper taking on a massive renovation and funding it with credit cards. Watch the video below or listen to the podcast, you'll enjoy how the story ends.

Next Episode

ROI = Return On Integrity (Mike Singletary)

Mike Singletary is a rare type of person. First as a bald, straight hairdresser. Then as a real estate investor who would lose money to keep his word.

Mike was so excited to get his first wholesale deal under contract that he sold it to the first cash offer he got. And when the second offer was a 10X bigger assignment fee, he knew the COST of breaking his word was much higher than the PRICE of the bigger assignment fee.

So he honored the deal with the smaller fee and kept his reputation intact. His worst deal cost him over $100,000 which he took in stride because he knew the future value of his relationship with his lender was worth much more.

And he was right.

Mike Singletary is the head of SkipForce and ISA Pros, two companies born out of his own investing business that he now shares with the world. See how SkipForce is much more than a skip tracing company https://reiclub.com/skipforce

Watch This Video on REIClub.com: https://reiclub.com/real-estate-podcasts/return-on-integrity-mike-singletary