Welcome to The Big Mike Fund Podcast. Today I’m talking to Mike Fitzgerald, who lives in (and owns a large portion of) a small town just outside of DC. In this episode we talk about his town of Hagerstown, preparations for the future of the market, what a credibility site is, and we even have a short political discussion on voting for people and not just on party lines.
Minute Markers:
00:20 – Welcome to the Big Mike Fund Podcast
00:40 – A bit about Mike Fitzgerald and Hagerstown, MD
04:57 – Mike’s formula for success in real estate
06:35 – “Rehab” projects
08:08 – Preparations for economic downturn
11:30 – Mike’s thoughts on the future of the market
12:25 – The connection of legalizing marijuana to the recession and the market
13:50 – The basics and value of investing
14:20 – Hagerstown investments
18:45 – Credibility site
20:00 – Political discussion: voting for the people, not the party
22:14 – Advice for real estate investors or people interested in real estate
24:00 – How to get in contact with Mike Fitzgerald
24:46 – Thank you for listening to The Big Mike Fund podcast
Quotes:
“Taking action. Moving forward and taking action and not accepting ‘No’ as an answer.” – Mike Fitzgerald, on his formula for success
“I think we’re due for a recession but I don’t think we’re going to get one for another two years.” – Mike Fitzgerald
“Although I vote (a lot of times) republican, I don’t always vote party line.” – Mike Fitzgerald
“It’s not about what makes you happy for a minute, it’s about what makes you fulfilled for a lifetime.” – Mike Fitzgerald
“That’s actually a great point. The person matters, especially if they are sufficiently independent and if they have great individual thoughts.” – Mike Zlotnik
“Yeah, it’s a difficult time for middle-of-the-road people. They don’t seem to appeal to the extremes and the extremes on both sides seem to be dominating each party.” – Mike Zlotnik
Resources:
Michael T. Fitzgerald credibility site (Password: abc)
Article referred in show: “City developer wants to make downtown Hagerstown ‘great again’”
