Turning $200k into $20M with Wyatt Simon, Ep. 631

Wyatt Simon is known for transforming a $200k line of credit into a $20M real estate portfolio within five years. A former college basketball player, Wyatt stands 5'11" and is married to his incredible wife, Shelbi Simon. Passionate about lifelong learning, he reads 20-30 books annually and strives to live a life that honors Jesus. Wyatt's love for real estate stems from witnessing his parents' financial struggles, driving his commitment to finding cash-flowing, recession-resistant investments. As co-founder of Full Circle Equity Partners and Full Circle Property Management, Wyatt manages over $20M in assets, including 40+ single-family homes, office spaces, and multifamily apartments, generating over $170k monthly in cash flow. Featured on podcasts like Jake and Gino Movers and Shakers, The Healthy Investor, and Success Science, Wyatt helps others achieve financial freedom through real estate investing.   In this episode, we talked to Wyatt about challenges investors face, attracting good deals, the key decisions that led him to his success, his vision and mission, professional aids and the value they provide, his book, and much more.   Announcement: Learn about our Apartment Investing Mastermind here.   Attracting Good Deals; 02:20 Wyatt's background; 10:28 Challenges other investors face; 13:16 Tips on attracting good deals; 17:07 Key decisions Wyatt made that led him towards success; 21:39 Wyatt's vision for his portfolio; 29:08 The value of bringing in a professional aid; 31:15 An insight into Wyatt's book; 32:14 Round of insights   Announcement: Download our Sample Deal package here.   Round of Insights Apparent Failure: One of his earlier methods of real estate portfolio management. Digital Resource: Franklin Covey’s Mission Statement Builder. Most Recommended Book: The Compound Effect. Daily Habit: Determining and following up with three wins for every day. #1 Insight for scaling a portfolio: Having control over your business, being open to learning every day, and having enough leverage to stick to your vision. Best place to grab a bite in Omaha, NE: Charred.   Contact Wyatt: Website: https://www.wyattsimon.com/   Thank you for joining us for another great episode! If you’re enjoying the show, please LEAVE A RATING OR REVIEW,  and be sure to hit that subscribe button so you do not miss an episode.