Back Against The Wall Mentality: From Nearly Losing it All to Real Estate Millionaire with Mark McMahon

Wealth Juice | Real Estate, Personal Finance, Investing

21-07-2021 • 1 h 14 minutes

In this week’s episode we interviewed seasoned real estate investor Mark McMahon who has over 40 years of experience in construction and 10 in real estate investing.

He shared his story of nearly filing for bankruptcy and crawling out of debt by flipping mobile homes to becoming a real estate millionaire with a portfolio of over 40 units. He has a mixed portfolio of small multifamily apartments, single family homes in California and even a few vacation rentals in Hawaii.

Mark bolsters a back against the wall mentality and encourages everyone that they can change their current financial position by maintaining a relentless spirit. He reminds us all to keep swinging the hammer and continue sharpening our axes.

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Previous Guests on The Weekly Juice Podcast include:

Brandon Turner, Tarek El-Moussa, David Greene, Tony J. Robinson, Mike Ayala, Jamie Gruber, Robert Croak, Mark Simpson, Chad “Coach” Carson, Heather Blankenship, Tim Bratz, J. Scott, Matt Faircloth, Michael Elefante, Devon Kennard, Paula Pant, Jake Harris, and Avery Carl

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This episode is brought to you by RentRedi. We get asked all the time how we manage our real estate portfolio while still having W2 jobs. Our secret is RentRedi. This all-inclusive property management software can do it all. It helps us with rent collection, accounting, tenant screening, maintenance requests, marketing, tenant communication and much more. To get more of your time back and streamline your rental portfolio with RentRedi, make sure to use promo code “JUICEPOD” to receive 50% off any plan.

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Disclaimer: The information provided in this podcast is for informational purposes only and should not be considered as financial advice. The content of this podcast is based on the personal opinions and experiences of the speakers, and it is important to do your own research and seek professional advice before making any financial decisions. Investing in financial markets involves risk, and you should be aware of the potential for loss. Always consult with a qualified financial advisor or professional before making any investment decisions. Remember, the opinions expressed in this podcast are solely those of the individuals involved and do not necessarily reflect the views of any organizations they are affiliated with.

RESOURCES

Do you need financing for your next home or investment property purchase?

Click HERE to schedule a pressure free consultation call with our personal mortgage lender Travis David of CMG Home Loans.

He will help assess your current situation and will work with you to map out a plan for the future!

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Looking to buy real estate WITHOUT bank loans, credit, or significant cash? Click HERE to schedule a call with creative finance coaches Jenn and Joe DelleFave.

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If you enjoy the show, please leave us a review on Apple Podcasts or Spotify! It takes less than a minute and makes a huge difference in helping us land high profile guests to best serve our audience.

Previous Guests Include:

Brandon Turner, Tarek El-Moussa, David Greene, Tony J. Robinson, Mike Ayala, Jamie Gruber, Robert Croak, Mark Simpson, Chad “Coach” Carson, Heather Blankenship, Tim Bratz, J. Scott, Matt Faircloth, Michael Elefante, Devon Kennard, Paula Pant, Jake Harris, and Avery Carl

Social Channels:

Instagram: instagram.com/wealthjuiceofficial

YouTube: youtube.com/@wealthjuiceofficial

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Disclaimer: The information provided on this podcast is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity. The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up to date. Financial markets and investments carry inherent risks. Individuals should conduct their own research and seek certified professional advice before making any financial decisions. The links in the episode descriptions may include referral or affiliate commissions, and we may receive compensation from partner websites.