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About this episode:
In this intriguing episode, we explore the fascinating journey of Mike,
a former lowrider aficionado turned savvy real estate investor. With an organic chat that transitions seamlessly between past and present, Mike divulges his unconventional path to acquiring and developing property, leading to a substantial equity gain. This episode is especially valuable for aspiring and seasoned real estate enthusiasts looking to understand the possibilities that investing in property offers.

Mike shares the insightful story of buying his first house with a mere $11,000 and transforming it into a home with considerable equity. He candidly discusses the financial strategies he employed, his experiences with renovation, and the transition of utilizing his land to erect a new, rentable ADU. His journey exemplifies a true bootstrap approach to real estate, underlining the importance of vision and determination. Filled with practical tips and personal anecdotes, this episode encapsulates the essence of creative real estate ingenuity.

SPRINGBOARD TO WEALTH FUNDING: https://www.sbtwfunding.com/

Start your real estate investing journey with mentorship from me and my team: https://learn.springboardtowealth.com...

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Thach Nguyen has come a long way since arriving in America at age 4 with his parents, four brothers, and sister in 1975. Focus, drive, determination, and great mentors paved the way for him to go from a homeless refugee to a multi-millionaire.

Thach is the CEO & Founder of Thach Real Estate Group and principal of Springboard to Wealth. He is not only a seasoned realtor, investor, coach, author, and speaker, but also a proud ambassador of the American Dream. During his 30 years in the real estate industry, he has built more than 300 homes, townhouses, multifamily units and completed over 100 flips, and owns over 100 rental properties giving him over $100,000 a month in passive income. Thach and his team have assisted more than 1,500 families to create their own American Dream of home ownership, ranking him in the Top 1% of all real estate professionals nationwide.

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Timestamps:
0:00 House Hacking and Real Estate Investing for Beginners
2:32 Transforming a Hoarder Home into a Modern Living Space
5:30 Strategies for Successful Real Estate Investing and House Hacking
8:44 Scaling Real Estate Through House Hacking Strategies