How to Build a Real Estate Empire in California with Aaron Mazzrillo | From Military to Millionaire Podcast

Episode: 116
Aaron Mazzrillo
Join David Pere and Aaron Mazzrillo as they talk about becoming an expert in your niche and staying true to what you want as a real estate investor.
 
Aaron served in the US Navy for six years before exploring a career in the real estate space. While working as an estimator for a construction company, he bought a pre-foreclosure listed house and worked on rehabbing it himself. He decided to quit his day job and go full time on real estate investing. Aaron is a licensed real estate broker, doing his own deals and managing his own company. He owns several houses and apartment buildings in Southern California and has also wholesaled and flipped hundreds of houses. He remains focused on his niche and his goal of flipping ten houses at a time, which he considers the sweet spot to his business’s operation.
 
In this episode, Aaron shares some solid advice on single-family investing, getting clear with your goals, having the right mindset about wealth, and living a happy and contented life. Stay tuned!
 
Outline of the Episode:
 
[05:12] Entering the Navy to escape a life of poverty.
[07:13] Exploring his career options outside the military after six years of service.
[09:51] Getting into the real estate space and learning how to rehab an entire house.
[13:37] Leaving his day job and going full time into real estate
[17:25] Focusing on education and on building his network by attending various meetups.
[22:42] Sticking to his target market and creating a good reputation with his real estate products.
[26:11] The advantages of investing in single-storey properties.
[28:27] What are the challenges of investing in ADUs (Accessory Dwelling Units)?
[34:42] The importance of having control over your data. We're in a data-driven world!
[39:03] Why you should consider being your own real estate agent?
[40:57] The increase in demand for houses with backyards because of the pandemic. It's been phenomenal for flippers!
[41:46] Being clear with the direction you want for your real estate business. It's all about intention and focus.
[43:39] What's the most in-demand piece of real estate in the world?
[45:36] The riches are in niches!
[50:27] Why real estate is a lot like fishing?
[54:21] There's a period of sacrifice, and we're all going to pay it.
[57:36] Money makes interest. Knowledge earns profits.
[59:00] Banking experiences and staying true to what makes you happy.
[01:03:46] Get off of Netflix and learn everything you can from Youtube.
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Advice to an 18-20-year old:
“You will have a period of sacrifice. You can do it now, or when you’re old.”
“Money makes interest, Knowledge makes profit!”
People are lending you money, not the asset…so learn about money!
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Resources:
 
Instagram - link
Facebook - link
LinkedIn - com/in/aaron-mazzrillo-1698211b8
Gary Johnston Seminars - link
Invest in Debt by Jimmy Napier - link
Landlord.com - link
 
Follow our journey!
 
Blog - link
YouTube - link
Facebook - link
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BiggerPockets: link (use code DAVID for 20% discount on pro membership)
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Sponsors:
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Real Estate Investing Course: link
Recommended books and tools: link
Become an investor: link
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