EP 97 - Becoming a Cash Flow Master with Drew Wiard
Apr 10, 2023
Becoming a Cash Flow Master with Drew Wiard
Episode 97
“What is wealthy? To me, wealth is a measure of time. It's how long you can live the current lifestyle you have if nothing else came in.”
In this episode, Collecting Keys hosts Mike and Dan are joined by their friend and fellow real estate investor, Drew Wiard, to discuss his path to building wealth. Drew’s mindset around business and passion for working has led him to generating passive income and taking control of his time in just 7 years as a real estate investor.
Drew shares how he scaled his business in a competitive market, talks about his residential and commercial ventures, and making decisions in the interest of his goals. You’ll learn the benefits and downsides of land contracts, how to raise money and build relationships with your network, and more.
To hear our conversation on success and how you can build an impressive real estate portfolio, tune in now!
Topics discussed in this episode:
- Drew’s unintentional start in real estate investing
- Why we love to work even after finding success
- How Drew scaled his business in a competitive market
- The ins and outs of land contracts
- Making the leap from residential to commercial properties
- How he funds his commercial investments
- Deciding when to sell and when to refinance
- What values Drew is teaching his children
- Our bad experiences with sewers
- Drew’s advice to newbie real estate investors
Connect with Drew Wiard:
https://www.instagram.com/theflyinginvestor/
https://www.tiktok.com/@theflyinginvestor
If you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://www.collectingkeyspodcast.com/store
Download the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/free
If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://www.instantinvestorprogram.com and see if you are a good fit for the mastermind group!
Collecting Keys Podcast Resources:
http://www.collectingkeyspodcast.com
http://www.instagram.com/collectingkeyspodcast
http://www.instantinvestorprogram.com
http://www.instagram.com/mike_invests
http://www.instagram.com/investormandan
This episode was produced by Podcast Boutique http://www.podcastboutique.com
