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The Rich Somers Report

He Cashed Out His 401K and Now Owns $80M in Real Estate | Mike Tighe E167

The Rich Somers Report

Rich Somers

Business, Investing

5.01K Ratings

🗓️ 28 March 2024

⏱️ 57 minutes

🧾️ Download transcript

Summary

On today’s episode Rich sits down with Mike Tighe - Entrepreneur, Real Estate Investor, Author, Private Pilot, US Navy Veteran, Former Air Traffic Controller, and co-host of the Real Estate Takeoff Podcast. Mike left his $200,000 salary W2 job and now has over $80 Million in Real Estate, owned or built, and his podcast has over 250,000 downloads. He also happens to be one of Rich’s former partners and is responsible for getting Rich into the real estate game. Rich and Mike start off by disc...

Transcript

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0:00.0

make sure that you're listening to the right people in terms of advice.

0:03.4

I'm not going to learn about, you know, SEC regulations from someone that's not an attorney.

0:08.7

For sure, you know what I mean?

0:10.8

I'm not going to learn how to, know fight MMA and train from someone that's never done it

0:15.6

you know so I think in all reality it's it's a lot of common sense stuff and it's not it's not

0:20.3

more complicated than it needs to be.

0:22.0

Welcome to the Rich Drummers Report,

0:24.0

where we talk real estate, business, and wealth building

0:27.0

all while keeping it real.

0:28.0

No fluff, no BS.

0:30.0

I hope that you enjoy the show. All right guys, welcome to another episode of the report.

0:37.0

Today we are back in the studio here in downtown San Diego and I'm back from Orlando and we had an interesting week

0:46.8

We got opening day Padres baseball

0:49.4

Baseball season amongst us and we got some sweet 16 basketball which is very exciting but

0:54.2

I'm very excited because I got a special guest today someone who actually is

0:58.4

responsible for getting me in the real estate game used to partner with

1:01.9

actually still own some deals with together, and his good friend of mine. I got my man, Mike,

1:06.0

Mike, Mike, welcome to the show brother. Rich, it's surreal being here, amazing job at the studio.

1:10.5

You know, I walked this place with you like two years ago and you had a vision and it was just a blank cavis and now it's just like you executed man this this place is amazing. It's really cool to be sitting in this chair and chatting with you.

1:20.1

Dude, I appreciate you man and it's, I talk about a story all the time.

1:24.1

I'm like, what we did, you Sean and myself,

1:27.4

working full-time as air traffic controllers

...

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