How To Invest WITHOUT Spending Your Own Money with Melanie Dupuis
CRAFTED Millionaire
Cayla Craft
4.9 • 1.3K Ratings
🗓️ 25 September 2023
⏱️ 49 minutes
🧾️ Download transcript
Summary
When investing, you need to know your who, what, and why! Your guide to all things real estate investing and creative financing is in this episode!
Links + Resources:
Connect with Mel on Instagram | @investormeldave
Connect with Mel on Facebook | InvestorMelDave
Learn more at https://investormeldave.com/
Rich Dad Poor Dad by Robert Kiyosaki
Tax-Free Wealth by Tom Wheelwright
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Show Notes:
How do you go from working multiple jobs to buying 12 buildings in 12 months? Here to share her treasure trove of knowledge is the incredible Melanie Dupuis! Alongside her husband Dave, Mel is a real estate investor who specializes in helping people buy investment properties without spending their own money. Today, we’ll be talking about her investing journey, going from humble beginnings to successfully buying buildings the following year. Mel will share her advice for investors just starting out, such as tips for vetting your investment partners, structuring your deals, and what she had wished she would have known sooner. We also take a look into how she built her education company to share her expertise to like-minded entrepreneurs. Now is your opportunity to learn from one of the greats! Find out how to win for yourself and your family through the investments you make!
00:35 Meet one of the greats of the real estate investing world, Melanie Dupuis, of the Mel and Dave investor duo!
01:40 What were you doing before real estate?
04:15 How did you get into the rooms you needed to be in?
05:30 How did you get into multi-family?
07:55 Where did your grittiness come from?
10:05 What made you want to share your knowledge?
16:05 What does your relationship with your husband look like?
17:55 What has been your favorite student success story?
19:20 The hardest part of building an education company.
20:55 How do you hire the best team?
25:25 What hiring mistakes have you made?
29:10 How has your mindset shifted from your first property to today?
32:40 What is creative financing?
34:30 How do you vet who you invest with?
36:20 What is your outlook on the economy?
40:40 How do you structure your deals?
43:24 Why did you decide to branch out to different...
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Everything was great. I was cash-loan. I was super happy. I had great tenants. I was like, |
| 0:04.9 | checkmark. I'm thinking, oh, yes, I've got this. I've got this real sick game. But then, |
| 0:08.8 | I get a letter from the city saying that your place is illegal. I have two choices here. |
| 0:14.0 | Am I going to quit after this one happened? Or am I going to keep moving forward? |
| 0:20.8 | Welcome to Crafted Entrepreneur. The podcast for investors and entrepreneurs looking to say |
| 0:25.7 | on top of the latest trends and strategies in your industry. Give it up for your host entrepreneur |
| 0:32.5 | and investor, Kayla Craft. Hey, it's Kayla. If you're ready to multiply your money and your |
| 0:41.0 | opportunities, you are in the right place. My goal is to provide you with valuable insights and |
| 0:47.2 | actionable tips to help you succeed in your business, your investment, and in your life. |
| 0:54.1 | Join me, industry experts, and successful investors as we share our secrets to success. |
| 1:00.8 | Whether you're a seasoned pro or just starting out, this podcast is for you. |
| 1:05.9 | Remember, wealth is a game, and I want you to win it. |
| 1:16.4 | Welcome back to the show, Crafted Entrepreneurs. In this episode, we have Mel Dupuis on the podcast |
| 1:24.0 | Mel and her husband, Dave, are known as the investor couple. They actually specialize in helping |
| 1:31.0 | people buy investment properties without spending their own money. Mel shares how she went from |
| 1:37.8 | working multiple jobs to buying buildings the following year. What she wishes, she would have known |
| 1:46.4 | when she got started as a real estate investor. We're also going to discuss how she built this |
| 1:51.1 | incredible education company that's helping students all over the place get into real estate. |
| 1:57.2 | So over the past 20 years, she's been able to create incredible freedom in her life, |
| 2:03.0 | and she's really gone all in on multi-family real estate. So I'm excited to talk all of the things, |
| 2:09.6 | not just real estate investing, but how do you build an education company and be a mom and a wife |
| 2:15.8 | at the same time. So welcome, Mel to the show. Hey, Kayla. So great to see you again. |
... |
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