Homelessness to Extraordinary Success

1 year ago
36

Homelessness to Extraordinary Success

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This episode is with Rob Rowsell and shares his journey from homelessness to extraordinary success and happiness. Rob emphasizes the importance of personal growth and continuous improvement in one's life. He believes that success is a curved road, and we can only see up to the end of the road. Rob attributes his success to finding purpose in life, spreading positivity, and being guided by his faith in God.

Rob's story involves overcoming addiction and rebuilding his life. He started with home ownership, ventured into business ownership, and eventually found success in real estate, particularly in the auto repair and multi-family investing industries. He acknowledges the role of mentors and continuous education in his journey and sets aside considerable money each year for coaching and self-improvement.

The episode also touches on Rob's philanthropic activities, particularly his efforts to provide homes for families in need in Mexico. Rob's story inspires those seeking personal and financial transformation, with key takeaways including the importance of finding purpose, surrounding oneself with positive influences, continuous learning, and giving back to others.

Timestamps:
(00:02) Beau introduces Rob Rowsell on the show and discusses his credentials and life journey
(02:13) Rob’s journey starts with stumbling into a 30-day drug rehab in 1999 and being on the edge of death
(04:34) Emphasizing the impact of exposure and acknowledging the importance of his sobriety date
(05:52) Rob Rowsell talks about his book: “Addicted to Life! How I Went from Homeless to Extraordinary Success and Happiness in a Short Period of Time” (https://amzn.to/3CK6dco)
(06:45) The turning point in Rob’s life and making a change in lifestyle
(09:44) Transitioning into working for someone out of rehab and learning to run a profitable auto repair business.
(10:49) Rob’s personal missions and the need for personal development to be ready for opportunities.
(12:17) Finding one's calling and the unhappiness that can come from not pursuing it.
(13:05) Addiction to a new life and the idea of being addicted to the right things.
(14:00) Switching addictions after getting sober and how redirecting negative energy can lead to success.
(15:10) - The challenge and importance of maintaining balance in life and the need for a proper balance in various aspects of life.
(16:34) – Shifting to Rob's entrepreneurial journey, selling an auto repair business, getting into real estate, and learning creative financing techniques.
(17:56) the initial attempts at buying houses with no money down and transitioning to buying auto repair shops instead.
(18:20) Starts with flipping houses before exploring other real estate opportunities
(20:13) Transition to multi-family and syndication
(21:30) Recent acquisition in Las Vegas and analyzing deals in the current economy
(23:02) Looking for opportunities, predicting the market, and being more conservative in underwriting deals
(24:05) Stress testing deals and being pessimistic about exit cap rates, vacancy rates, and interest rates
(26:31) Benefits of the program, personal involvement, value-add opportunity, and property management
(29:40) Balancing financial Success and societal contribution
(30:59) Advice for aspiring real estate investors and starting from scratch
(31:15) Importance of education, passion, overcoming self-doubt, and attending local real estate investment clubs
(32:36) Recommended books, including "Rich Dad Poor Dad"
(32:52) Starting with wholesaling to generate income
(35:03) The curved road to success and the need to focus on the next corner
(36:03) The importance of leaving a positive legacy through relationships and the seeds of Christ
(37:24) Reinforcing the idea of investing in oneself and personal development coaches and mentors
(38:00) Where to go to find more about Rob Rowsell
(39:49) - Sharing the joy and fulfillment experienced when giving to others and helping those in need.
(41:20) - Expressing gratitude and appreciation for Rob's positive attitude and impact and encouraging others to give back.

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💥 Thanks for watching 💥
#multifamilyinvesting #addictedtolife #syndication

About Beau: Beau Eckstein is a real estate entrepreneur, TV personality, and commercial mortgage advisor, specializing in construction financing and multi-family lending.

🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance all your projects.

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