Mastering Mindset: Melvin Landry Jr.'s Great Comeback
Manage episode 404995841 series 3483675
Melvin Landry shows us how to reach financial freedom twice by first buying 62 rental homes while working full-time, only to lose 80% of them to a failed franchise effort. He and his wife survived, taking the high road by paying back a $1M+ loan (by selling off properties) and starting again. Melvin is a dedicated teacher, former athlete and passionate family man. Listen as he relates the need for a strong, positive mindset to weather the storms life can throw at you.
Melvin Landry started investing in real estate in 2005 and built up a portfolio to 62 rentals while working a W-2 job. I was doing this passively. Ended up selling 80% of the portfolio due to a failed business venture. Afterward, I decided to diversify and get into multifamily and, within 18 months, invested actively and passively in 12 apartment investing opportunities.
Reach out:
Email: merv@morelandequity.com
Phone: (504) 251-1906
Website: www.morelandequity.com
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Connect with Ginny Bolling on LinkedIn https://www.linkedin.com/in/ginnybolling
Pivot to Prosperity is a podcast that is sponsored by Pivotal Real Estate Investments, which focuses on helping investors build wealth and income through commercial real estate that improves communities. To learn more, visit www.PivotalRealEstateInvestments.com/contact-us
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57 episodes