Should you get into real estate investing? In this episode, we sit down with former Top Gun Navy and Air Force fighter pilot—and current UPS pilot—Micah Porter, aka Peachez. He joins us today to discuss his transition into real estate investing, sharing his motivation for entering the real estate market and why real estate became his side gig.
Listen in as Micah talks about strategies to manage passive vs. active income and the common pitfalls to avoid when starting out in real estate. This episode provides practical insights for anyone considering diversifying their income streams or preparing financially for uncertain times.
What You’ll Learn In Today’s Episode:
- What to do to prepare yourself for a natural disaster.
- The importance of carrying a small amount of cash at all times.
- Micah’s motivation for getting into real estate investing.
- The benefit of surrounding yourself with the right team.
- Why you have to be honest in real estate.
- The difference between passive and active income.
- Common misunderstandings around taxes and real estate.
- Mistakes to avoid when getting into real estate investing.
Ideas Worth Sharing:
- “The recent hurricanes are a reminder that, wherever you are in the country, you should at least take a little bit of time to prepare yourself for whatever could come your way.” – Kevin Gormley
- “The best way to learn is from those who have gone before us, not from a book.” – Micah Porter
- “Always start with your mission objective in mind. You don’t go into real estate without thinking about it. You have to clearly define why you want to get into real estate and what your end goal is going to be.” – Micah Porter
Resources In Today’s Episode:
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