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166. Finding Profits in Industrial Assets
Manage episode 405323947 series 3421327
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Welcome to the Be The Solution Podcast with your host, Maria Quattrone. In this episode, Maria sits down with Frank McGovern, a real estate professional with a unique journey. Frank's story unfolds as he shares his transition from wholesaling houses in Philadelphia to venturing into wholesaling industrial assets nationwide. Passionate about fitness and personal development, Frank reflects on his path and the profound changes he underwent. The conversation explores his shift from local to national real estate, shedding light on the personal development work that fueled this transformation.
Frank's narrative is a testament to the power of commitment and consistency. From building a successful residential wholesale operation to reassessing his goals, he takes the listener on a journey of self-discovery and business evolution. As he candidly discusses his realization about managing teams and the importance of aligning one's work with personal passion, Frank's story becomes an inspiring narrative of perseverance and growth.
Listeners can glean valuable insights from Frank's experiences, from the challenges of managing a team and local transactions to the revelation that led him to focus on larger asset classes like industrial and self-storage.
Key Highlights:
- Explores the opportunity in larger deals and shifted to wholesaling and acquiring industrial assets like storage facilities.
- Discusses the advantages of self-storage, such as minimal impact during economic downturns, no traditional landlord-tenant issues, and scalability.
- Emphasizes the need to differentiate between a commitment and a goal, with commitments being non-negotiable actions.
- Stresses the importance of listening to one's conscience, making commitments, and being consistent and disciplined for transformative results.
Books Mentioned:
- The Go-Giver by Bob Burg and John David Mann
- Outwitting the Devil by Napoleon Hill
Connect with Frank McGovern:
Facebook: Frank McGovern
LinkedIn: Frank McGovern
Connect with Maria Quattrone:
Facebook: Maria Quattrone
Facebook Page: REMAX at Home Facebook
Facebook Page: Rise in Real Estate Facebook
LinkedIn: Maria Quattrone
YouTube: Maria Quattrone
Instagram: @maria_quattrone
TikTok: mariaquattronerealestate
Website: MQrealesate.com
Office number: 215- 607-3535
246 episodes
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