Episode: 151
Octavio Mota
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*Sponsor: Investor Carrot*
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Join your host David Pere with his guest Octavio Mota, as they talk about how Octavio went from homeless after college to now owning 20+ units in real estate and investing in startups. Listening to Octavio's story, it's clear that the man didn't start out with a silver spoon in his mouth. But by learning from his experience, the story's takeaway is that grit surely can take anyone a long, long, long way.
As a reflection from one of his two favorite books, The 4-Hour Workweek, Octavio believes that having the employee mentality shouldn't always be a bad thing. Although, that doesn't also mean that you shouldn't take risks outside of your job. Outside of your W-2, you too can be an employer.
In this episode, Octavio explains how he got started with mobile home parks and bought out the same company he was doing an internship for. He also shares how he plans to scale his portfolio as a real estate investor and in multiple startup businesses plus other business models far from real estate.
About Octavio Mota:
Octavio Mota is a highly qualified and well-developed Signal Officer with extensive institutional knowledge and project lead experience that excels at leading the Signal Corps through the entire systems of communication for the Army.
Octavio's a solutions-oriented Signal Officer with notable success in maintaining the Army's voice, data, and information systems while participating in planning and implementation of tactical operations at all levels of command.
When outside of the military, he is a successful real estate investor and invests in different fields of business from dropshipping, trucking service, and more.
Outline of the episode:
[02:54] Octavio Mota – the road to leaving the military
[05:39] David Pere – on (figuratively) jumping off the marine boat
[10:03] From one mobile home park to another
[15:08] BRRRR-ing out of the country
[21:39] Octavio Mota – on getting into coffee and trucking services
[28:18] It's all GRIT!
[31:02] More scaling, investing in startups, and traveling.
[37:19] Octavio's white lie about his college meal plan
[40:23] Stretching a five-dollar pizza for two weeks
[44:44] How do you become the winner, the lion, the millionaire?
Resources:
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As David recommended, Try Carrot Now! It's Risk-Free:
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The ABCs of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss, Book by Ken McElroy:
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The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich, Book by Timothy Ferriss:
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Follow The Military Millionaire Podcast's journey on:
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Grab your book copy of The No B.S. Guide to Military Life - How to Build Wealth, Get Promoted, and Achieve Greatness by David Pere:
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Real Estate Investing Course: link
Recommended books and tools: link
Become an investor: link
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