Ever wondered how a military background could shape a successful commercial real estate journey? Get ready to dive into the captivating story of Michael Barnhart, co-founder of AdventurousREI. From Air Force officer to savvy real estate investor, Michael shares how he and his partner managed properties while globe-trotting, tackled unexpected challenges, and achieved remarkable success in the world of commercial real estate.
Key Takeaways:
- The Power of Networking and Mentorship: Michael emphasizes the importance of networking and mentorship in real estate success. He found his mentor by attending virtual networking events and openly sharing his investment goals, leading to invaluable guidance and partnership opportunities.
- Effective Property Management Strategies: Michael reveals insights into managing properties efficiently, particularly during challenging situations. From handling multiple issues simultaneously to implementing daily routines and using project management tools, he highlights the importance of organization and staying adaptable.
- Balancing Business and Personal Relationships: Michael and his spouse work together in both business and personal capacities. He offers advice on maintaining a successful partnership, including defining clear roles, staying in one's "swim lane," and fostering open communication to ensure harmony in both aspects of life.
Michael Barnhart | Real Estate Background
- Founder of Adventurous Real Estate Investors
- Portfolio:
- 604 multifamily units and short-term rentals
- Based in: Dayton, OH
- Say hi to him at:
- Best Ever Book: The Slight Edge by Jeff Olson
- Greatest Lesson: Mentors are the key to growth.
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