Welcome to the Real Estate Strategies podcast. I'm Ken McRoy and I'm here to give you creative ideas

on how you can get started or continue your journey in real estate. Each week we will bring

you inspiring and informative conversations with successful people and their path to obtaining

or investing in real estate. Enjoy the episode.

Hey everybody. It's Ken McElroy here. I'm here with my good buddy, Michael Bailey,

is the owner of heater craft and impact crates. Hey, Michael. How are you doing? So what we're

going to talk now about is, you know, how you can take a business and turn it into you know real estate

acquisitions and kind of build wealth in other areas you know in more than just your

business which you've what you've done very very well Michael I've watched you

slowly accumulate you know all this real estate and so you have those assets kind

of sitting over here. But before we

get into that, once you give a little flavor and a little background about, you know, impact crates,

because it was really born out of the last recession we had in 2008. And as we roll into this next

recession, I think a lot of people can get really depressed, they can be real,

really bad about, you know, the loss of income, whatever that might be as an employer or employer,

for example. And, you know, and then especially if you watch the news, right? Right. Right. So,

right. And so you fought hard through 08. I knew you then.

We were good friends back then.

And I watched you do it.

And you came up with this idea in a business, a pet business that you were never in before.

You know, essentially, you reinvented yourself completely with the business that you had in place.

And your business is very different than it was

...