EP 97 – Becoming a Cash Flow Master with Drew Wiard

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Show Notes

“What is wealthy? To me, wealth is a measure of time. It’s how long you can live the current lifestyle you have if nothing else came in.” In this episode, Collecting Keys hosts Mike and Dan are joined by their friend and fellow real estate investor, Drew Wiard, to discuss his path to building wealth. Drew’s mindset around business and passion for working has led him to generating passive income and taking control of his time in just 7 years as a real estate investor.

Drew shares how he scaled his business in a competitive market, talks about his residential and commercial ventures, and makes decisions in the interest of his goals. You’ll learn the benefits and downsides of land contracts, how to raise money and build relationships with your network, and more. To hear our conversation on success and how you can build an impressive real estate portfolio, tune in now!

 

 

Topics discussed in this episode:

  • Drew’s unintentional start in real estate investing
  • Why we love to work even after finding success
  • How Drew scaled his business in a competitive market
  • The ins and outs of land contracts
  • Making the leap from residential to commercial properties
  • How he funds his commercial investments
  • Deciding when to sell and when to refinance
  • What values Drew is teaching his children
  • Our bad experiences with sewers
  • Drew’s advice to newbie real estate investors

 

 

Connect with Drew Wiard:

https://www.instagram.com/theflyinginvestor/

https://www.tiktok.com/@theflyinginvestor

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Links from the Episode

Check out the FREE Collecting Keys “Sub To Transactions” Master Class!

https://collectingkeys.com/subto

If you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://collectingkeys.com/

Check out the Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeys.com/

Download the FREE 5-Step Guide To Generating Off Market Leads here: https://collectingkeys.com/resources/

If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://collectingkeys.com/keyscon-2023/ and see if you are a good fit for the mastermind group!

Collecting Keys Podcast Resources:

https://collectingkeys.com/

https://www.instagram.com/collectingkeyspodcast/

https://www.instantinvestorprogram.com/

https://www.instagram.com/mike_invests/

https://www.instagram.com/investormandan/

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