In this episode of REI Freedom, host Jeremy Beland sits down with Michael Ketchen, founder of Commonwealth Collective LLC, who transitioned from a career in high school administration to becoming a successful real estate investor. With over $100 million in property investments across eight states and a proven track record of completing more than 25 deals from acquisition to full cycle, Michael shares valuable insights that are relevant for both new and experienced investors.

Key Takeaways:

• The essential questions investors should ask before partnering in real estate, including how to evaluate a business plan, market preferences, and investor experience.
• Michael’s transition from wholesaling and single-family homes to multifamily investments and short-term rentals, and how this shift contributed to his long-term success.
• His philosophy as an "inefficiency investor," focusing on properties with untapped potential for increased cash flow and equity appreciation.
• An analysis of the current real estate market, particularly the challenges faced by investors who acquired properties during the low-interest-rate environment of 2021 and 2022, and how these conditions create new opportunities.
• The importance of self-management, leveraging technology, and maintaining a proactive approach in property management to maximize investment returns.
• A look into Michael’s short-term rental ventures, including his acquisition of a unique property in South Carolina at a significant discount due to insurance challenges, as well as his current projects in Arizona and Montana.
• Practical advice for aspiring investors on scaling their real estate business, thinking bigger, and seeking mentorship from those who believe in their potential.

Connect with Michael Ketchen:

Instagram: https://www.instagram.com/michaelketchen/

Youtube: https://youtu.be/FS4bN7zlCuk?si=5DB1SFZfuJBavk60

LinkedIn: https://www.linkedin.com/in/michael-ketchen-68b202201/

Are you ready to unlock the potential of land investing? Subscribe to the REI Freedom Podcast today and learn from top experts like Michael Ketchen. Don’t forget to leave a review and share this episode!

If you’re inspired by  Michael Ketchen's  story and eager to take your first step toward financial freedom, book a discovery call with Jeremy at REI Freedom. Visit reifreedom.com/apply and start your journey today. Success in real estate is possible, with the right mindset, strategies, and persistence, you too can achieve REI freedom!