In this episode of The Real Estate Investing Podcast, we are thrilled to welcome our brother, Mike Apke, who has always had an entrepreneurial spirit. Inspired by watching Ron and Dan's success in land flipping, Mike knew he wanted to join the world of real estate investing to achieve the financial freedom that entrepreneurship offers.
Mike shares his inspiring journey from working part-time in land investing, dedicating just 20 hours a week, to making the bold decision to leave his corporate job and pursue land investing full time. His story doesn’t stop there. We dive deep into the intriguing acquisition of Droners.io, a bankrupt company that we were all using for our land flipping business.
Mike walks us through his decision to buy Droners.io, the bidding process, and the auction dynamics. We discuss how we became the proud owners of Droners.io, buying it for a bargain, and our future plans for the drone pilot website, which has become a vital tool for many land flippers.
WANT TO GET STARTED?
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https://landinvestingonline.com/starter-guide-phone/
SOCIAL
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Ron's Instagram 📸: https://www.instagram.com/ronapke/Dan's Instagram 📸: https://www.instagram.com/danielapke/
TIME STAMPS
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0:00 Intro
1:38 Mike's background
5:18 Balancing work and family time
7:30 Mike's goals
10:42 Eliminating distractions and staying focused
13:22 Mike's mental journey
16:44 Mike's land investment strategies for the next 12 months
19:30 Sales
22:33 Acquiring Droners.io
35:34 Current and future plans
37:10 Results and improvements
39:16 Operating with low gross margins and what we did to improve it.
41:36 Future plans for Droners.io
45:47 Final thoughts
