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The Intrinsic Value Podcast - The Investor’s Podcast Network

REI070: Options Trader to Real Estate Mogul w/ Michael Episcope

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Education, Investing, Business

4.6592 Ratings

🗓️ 17 May 2021

⏱️ 54 minutes

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU’LL LEARN: How to make a career change into real estate. If a college degree is valuable in real estate. What opportunity zones are. How opportunity zones work. If opportunity zones are going away due to political changes. How to determine which real estate markets to invest in. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.   BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Gay Hendricks’ Book The Big Leap. Brandon Turner’s book How to Invest In Real Estate. BiggerPockets, Amanda Han and Matt Macfarland’s book The Book on Tax Strategies for the Savvy Real Estate Investor. Tom Wheelwright’s book Tax-Free Wealth. All of Robert’s favorite books. Related episode: Listen to REI047: Opportunity Zones and Funds w/ Erik Hayden, or watch the video. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Connect with Robert: Twitter | LinkedIn Connect with Michael: Website | LinkedIn | Instagram  Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TIP. On today's show, I chat with Michael Episcope about how to make a

0:05.6

career change into real estate, college degrees in real estate, opportunities own funds,

0:11.3

how to determine which markets to invest in, and much more. Michael is the principle of origin

0:16.6

investments, co-chairs the Investment Committee, and oversees investor relations, marketing,

0:22.1

and company operations.

0:24.3

Prior to origin investments, Michael was ranked in the top 100 best traders in the world, twice,

0:30.8

by Trader Monthly Magazine.

0:32.8

Now, without further delay, let's get right into today's episode with Michael Episcope.

0:41.3

You're listening to Real Estate Investing by the Investors Podcast Network, where your host, Robert

0:47.0

Leonard interviews successful investors from various real estate investing niches to help educate

0:52.7

you on your real estate investing niches to help educate you on your real estate investing journey. Hey everyone, welcome back to the Real Estate 101 podcast. As always, I'm your host Robert Leonard, and with me today, I have Michael Episcope.

1:11.8

Welcome to the show, Michael.

1:13.2

Thank you for having me, Robert.

1:14.8

Tell us a bit about your background and how you got to where you are today.

1:18.7

I'll take you back because real estate is actually my second career.

1:22.8

So if I take you back kind of the beginning and how I got here today, my first career was in

1:27.9

commodities trading and I started down in that business in actually 1989. I was very young.

1:33.4

I was 19 years old. I ended up getting a job on the floor of the Chicago Mercantile Exchange,

1:40.3

just the summer job. Just wanted to work, you know, between my freshman and sophomore year.

1:44.8

Absolutely loved it. I was like, this is the coolest place I've ever been. It was so much energy,

1:49.6

so much fun. And so I stayed down there. I ended pushing all my classes tonight. And I was studying

1:55.7

finance and econ, and I was burning the camel of both ends. And, you know, I did that because I

...

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