MI342: The Life of a Real Estate Maximalist w/ Alan Corey
The Intrinsic Value Podcast - The Investor’s Podcast Network
The Investor's Podcast Network
4.6 • 592 Ratings
🗓️ 8 April 2024
⏱️ 61 minutes
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| 0:00.0 | You're listening to TIP. Real estate resonated with me because I knew I could control what I bought |
| 0:05.6 | it for, roughly what financing terms I could get, what I rented out for, whether I renovated |
| 0:10.3 | or not, whether I sold. All those sort of things was my decision. |
| 0:16.8 | Hey, everybody. In today's episode, I had the pleasure of sitting down and talking with Alan Corey, a self-described real estate maximalist who's achieved financial independence through a long-term, straightforward real estate strategy. You also learn about his life as a New York comic, how Alan practiced habits of the wealthy to build his portfolio, how he got his start as an author, what holds people back from getting started |
| 0:38.2 | in real estate, the importance of finding your niche and sticking with it, and a whole lot more. |
| 0:43.2 | Alan is a real estate investing mentor and coach, an Atlanta realtor, and owns a large portfolio |
| 0:48.1 | of multifamily properties. He's also the author of a million bucks by 30 and house buyer, |
| 0:53.6 | and runs house Money Media. |
| 0:55.7 | Alan has a unique perspective on how to apply the 4% rule to real estate, which I found really |
| 1:00.9 | useful. He's also just let a super interesting life, which you'll hear all about. Without further |
| 1:05.6 | delay, let's dive into today's episode with Alan Corey. |
| 1:19.6 | Celebrating 10 years, you are listening to Millennial Investing by the Investors Podcast Network. Since 2014, we interviewed successful entrepreneurs, business leaders and investors |
| 1:26.6 | to help educate and inspire the millennial generation. |
| 1:30.0 | Now for your host, Patrick Donnelly. |
| 1:38.0 | Hey everybody, welcome to the millennial investing podcast. I'm your host today, Patrick Donnelly, |
| 1:45.0 | and joining me in the studio today is Mr. Alan Corey. Alan, welcome to the show. |
| 1:49.1 | Thanks, Patrick. I'm excited to get started. I'm happy to have you on. I listened to two of your |
| 1:54.3 | interviews you did with my colleague, Robert, maybe a couple years back, but you've got a pretty |
| 1:59.9 | interesting story and background, not just |
| 2:02.3 | what you're up to now, but in your early days that I wanted to hear more about and learn about. |
| 2:06.7 | Talk to me about after college, moving to New York City and what your steps were initially |
| 2:13.2 | when you moved into New York City. You've got some pretty funny stories, I think. Yeah, well, I moved to New York, and I had no connections, and I didn't know what I was doing, and it was the most expensive city in town, so I found the cheapest place I could possibly do to find a rent, and it was an illegal sublet in the Spanish Harlem Project. So I was paying 400 bucks a month to stay in the projects. |
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