PFREI Series Episode 128: Michael Fitzgerald

Many private real estate investors are on the sidelines in the current market, just waiting to see where things will go. With inflation, you are losing about 30% of your money in the current environment by having it sit around and not investing it to gain value. Should you be on pause as an investor, or should you be actively engaged in finding deals? How should you pivot?

Being in the business for over 19 yeast, Michael has great experience and insights into different markets. Though you might not be a bulletproof investor, learning from the experiences of others and their tricks can help you greatly. Since starting in a one-bedroom apartment, Michael has completed over 1000 real estate transactions, including property rehabilitations, commercial buildings, high-end condo projects, land development, new construction, and wholesales. Michael’s rehabilitation projects often tie in with community revitalization efforts, and he has received numerous awards for his work and dedication. He is active in the community, serving on multiple advisory boards and commissions, and is a proud promotor of his town.

When you are in a long-term real estate investment, pivoting is inevitable because markets will always shift. There will be periods of economic downturns, and the market will take a downtrend trajectory. You can still do deals in a tough market. Michael made over 100 flips in a bad market, though they didn’t sell as they would in a good market. It takes not panicking but restructuring and restrategizing your planning and figuring out the best strategies to keep your business moving forward.

Listen and learn why any market is good to invest in if you have a good operator.

Highlights from the Interview
* Michael Fitzgerald’s backstory and how he got into the real estate
* Why Michael is passionate about real estate
* Michael’s investing strategies
* How the current market is affecting Michael’s business planning and strategies
* What do private investors need to be doing with their money in the current market?
* Greatest challenges Michael is experiencing currently
* Best ways to reach out and connect with Michael Fitzgerald
* Golden key nuggets

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