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Al Gordon steps in for Mike Harrison, who is enjoying financial freedom in Mexico with a fishing rod and a cold beverage. Al reflects on how he and his fellow radio co-hosts, Mike, Andy Webb, and founder Del Walmsley all come from different backgrounds but achieved success through the same real estate investing roadmap created by Lifestyles Unlimited in 1990. He highlights the value of being part of Lifestyles Unlimited, including access to Deal Flow, exclusive property blasts through Lifestyles Realty, and ongoing mentoring, demonstrating how education, networking, and hands on strategy work together to help members achieve financial freedom. Click to Listen Now
Esta semana, en Islas de Robinson, entre 1971 y 1973, en territorio folk rock británico de campiña enlazado con West Coast estadounidense. Suenan: MIKE HARRISON - "LONELY PEOPLE" ("MIKE HARRISON", 1971) / HOME - "KNAVE" ("HOME", 1972) / KEITH CROSS & PETER ROSS - "PASTELS" ("BORED CIVILIANS", 1972) / BYZANTIUM - "TRADE WIND" ("BYZANTIUM", 1972) / HELP YOURSELF - "OLD MAN" ("HELP YOURSELF", 1971) / GYPSY - "WITHOUT YOU" ("BRENDA AND THE RATTLESNAKE", 1972) / JOHN COMPTON - "COLANO SOUND" ("TO LUNA", 1973) / HUNGRY CHUCK - "CRUISING" ("HUNGRY CHUCK", 1972) / ERNIE GRAHAM - "FOR A LITTLE WHILE" ("ERNIE GRAHAM", 1971) / TENNENT MORRISON - "TOMORROW IT MIGHT RAIN" ("TENNENT MORRISON", 1972) / TAPESTRY - "OLDTIMER" ("DOWN BY MAPLE RIVER", 1973) /Escuchar audio
Mike Harrison discusses why saving alone will never lead to financial freedom for most Americans. He reflects on his own experience, where despite a high income and disciplined 401(k) contributions, traditional retirement plans fell short of achieving his desired lifestyle. He emphasizes that relying solely on savings is not only outdated but financially risky. Harrison advocates for real estate as a proven path to true financial freedom, highlighting its ability to generate cash flow and wealth. Click to Listen Now
On this episode of the Lifestyles Unlimited Real Estate Investor Radio Show, Mike Harrison reflects on 14 years of real estate investing and shares his personal regret of waiting four years to start, calling it a million-dollar mistake due to lost compounded returns. He emphasizes the importance of taking action now for those interested in real estate investing, urging listeners to not delay. Harrison encourages listeners to learn from his experience and dive into real estate as a powerful wealth-building tool. Click to Listen Now
Mike Harrison shares the simple yet powerful financial principle that transformed his life: Return on Net Worth (Passive Income ÷ Net Worth). He challenges the traditional model of retirement based on depleting savings and instead advocates for financial independence through passive income that fully covers living expenses. Harrison emphasizes that only through creating reliable streams of passive income—especially from real estate—can individuals achieve lasting financial freedom, regardless of age. Click to Listen Now
Mike Harrison emphasizes lessons that resonate deeply with real estate investors. He highlights that the wealthy do not fear debt; they fear missed opportunities. He explains that wealth is created through value-add strategies, not taken from others, and that money is not scarce but abundant when used wisely. Harrison underscores that daily habits and smart decisions shape future wealth, while poor choices in finances or life can have long-term costs. Lastly, he argues that working overtime will not make you wealthy and urges listeners to invest instead in high-return vehicles like real estate to reclaim their time and build lasting wealth. Click to Listen Now
Mike Harrison contrasts the mindset of a saver versus an investor, emphasizing the limitations of traditional retirement plans like IRAs and 401ks. He explains that these plans focus on long term saving for retirement, which may not provide immediate financial freedom. In contrast, real estate investing is about creating cash flow today, allowing for greater control over one's financial destiny. Click to Listen Now
Mike Harrison shares time-tested financial principles recently sent to him by a friend, principles that align with his experience in real estate investing. He dives deep into wealth-building strategies he wishes he had known in his 20s, which could have accelerated his financial freedom. These insights emphasize that real estate offers a faster, smarter path to wealth, especially when combined with education, networking, and a shift in mindset. Click to Listen Now
Mike Harrison emphasizes that the education and mentorship from Lifestyles Unlimited are invaluable, as they enabled him to quickly transform his income and wealth. He explains that learning can happen in two ways—through slow, costly trial and error or through a structured, efficient educational process. By following proven strategies, investors can accelerate their success and avoid common mistakes. He highlights how mentorship provides the guidance needed to navigate real estate investing with confidence. Through the right education and support, financial freedom becomes an attainable reality. Click to Listen Now
Suivons l'histoire de l'inspecteur Mike Harrison, un policier dévoué qui a fondé une ligne d'assistance pour ses collègues en difficulté. Mais un jour, un appel bouleverse sa routine : un homme, se cachant derrière l'anonymat, avoue un meurtre. Qui est cet homme ? Quelle est la vérité derrière ce crime ? Des meurtres qui défient la raison, des enquêtes impossibles, ou encore des assassins imprenables : abonnez-vous pour ne rater aucun nouveau récit passionnant de Pierre Bellemare, pour qui l'art de conter n'avait aucun secret. Distribué par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.
Mike Harrison continues last week's discussion by addressing listener emails, outlining 28 ways to increase net operating income (NOI) on multifamily properties. He emphasizes that income isn't just about rent—it's also about offering desirable services that tenants are willing to pay for. By enhancing the tenant experience through value-added services, investors can boost profitability and maximize the potential of their multifamily investments. Click to Listen Now
Mike Harrison addresses emails from listeners sent to AskMike@luinc.com, covering a range of topics including tenant evictions, dealing with bad tenants, and effective tenant screening. He highlights the necessity of thorough tenant screening and strict lease enforcement to minimize potential issues and protect profitability in your investments. By investing in landlord-friendly states and applying best practices, investors can safeguard their rental properties from costly tenant-related problems. Click to Listen Now
Mike Harrison shares his journey from an uninformed real estate investor to a knowledgeable one, emphasizing the importance of education. Part of this education process is due diligence, which is divided into two teams: the financial audit team and the unit walk team. He details the role each team plays in identifying necessary repairs, assessing potential risks, and uncovering revenue opportunities. By addressing these factors, investors can attract better tenants, increase rents, and enhance overall returns, ultimately making for stronger investments. Click to Listen Now
Dr. Puja Patel, Dell Children's Medical Center Season 5 Episode 1 This episode of The Coaches Call podcast, hosted by Chris Doelle, features a discussion about mental health for coaches. Mike Harrison, head athletic trainer for Allen High School, interviews Dr. Puja Patel, Director of Pediatric Psychology at Dell Children's Medical Center. They discuss the […]
Mike Harrison explores the due diligence process in multifamily investing, emphasizing its importance as the most critical phase of an acquisition. He shares his own experiences with unit walks and unexpected discoveries made by investors. From inspecting individual units to uncovering hidden issues, due diligence ensures investors make informed decisions and lead to stronger, more profitable deals. Click to Listen Now
Mike Harrison lays out the most common excuses people use to avoid investing in real estate, many of which he personally faced before taking the leap. He dismantles fears about lack of time, money, and experience, showing how the right education and mindset can overcome these hurdles. By sharing his own journey, he proves that financial freedom is possible for those willing to push past their doubts. His message is clear: excuses keep you trapped, but action leads to wealth and security. Click to Listen Now
Mike Harrison explores the importance of real estate education and the wealth-building strategies long understood by the wealthy but rarely taught in traditional schooling. Despite spending 25 years following a conventional financial mindset, he built more wealth in six years through real estate than ever before. He emphasizes that while real estate investing may seem slow or unconventional at first, disciplined effort and strategic planning Mike Harrison explores the importance of real estate education and the wealth-building strategies long understood by the wealthy but rarely taught in traditional schooling. Despite spending 25 years following a conventional financial mindset, he built more wealth in six years through real estate than ever before. He emphasizes that while real estate investing may seem slow or unconventional at first, disciplined effort and strategic planning lead to exponential wealth growth beyond what traditional savings can offer. Click to Listen Now
Mike Harrison, filling in for Al Gordon, hosts Single Family investor John, aka JC. JC shares how he discovered Lifestyles Unlimited on the radio and began his real estate journey. He completed his first property in Leavenworth, Kansas, in late 2023 and is preparing to close on his second in Warrensburg, Missouri, a college town, with tenant already screened and secured before officially closing. JC emphasizes the importance of building a strong team, surrounding oneself with successful people, and continuously learning. Click to Listen Now
Mike Harrison discusses why many people never invest in real estate, highlighting key roadblocks that hold them back. He points to the false security of a stable W-2 job, misinformation, fear of the unknown, and fear of making mistakes as common obstacles. Urging listeners to push past these barriers, he emphasizes that financial freedom is within reach for those willing to step outside their comfort zone and take action. Click to Listen Now
Mike Harrison shares a childhood story about a poor farmer who sacrificed to nurture a bull, ultimately leading his family to wealth, mirroring the discipline needed to build seed money for real estate investing. He relates this to his own journey, overcoming challenges to buy his first rental with Lifestyles Unlimited's guidance. While starting is hardest, he emphasizes that persistence, discipline, and education pave the way for financial transformation. Click to Listen Now
Mike Harrison shares how he transitioned from self-directed IRA investing to achieving financial freedom after joining Lifestyles Unlimited in 2013. Initially, he lacked the right strategies, which limited his returns, but he soon learned how to invest effectively. Applying these principles, he scaled his portfolio across multiple states and shifted from W-2 dependency to passive income. His key message is to approach real estate with financial responsibility, build a strong team, and track investments diligently for lasting success. Click to Listen Now
Mike Harrison kicks off the show inspired by a missed opportunity shared by a listener, George, who is considering rejoining Lifestyles Unlimited after previously missing out. Using George's situation as a teaching moment, Mike highlights how hesitation and missed opportunities often hold investors back. He underscores that financial freedom is attainable for those who commit, leverage mentorship, and take decisive action. By sharing his own transformation, he inspires listeners to break free from traditional financial limitations and take control of their future through real estate. Click to Listen Now
Mike Harrison explores the challenges buyers and sellers face in today's market, noting how inflation has historically boosted demand for rentals, benefiting real estate investors. While rent growth has recently flattened nationwide, Harrison emphasizes the importance of targeting undervalued properties, enhancing their value, and applying the Lifestyles Unlimited approach of "best product, best management, best price" to achieve consistent success. Click to Listen Now
Mike Harrison shares his personal journey from traditional retirement planning to real estate investing, emphasizing the limitations of relying solely on 401(k) plans. He describes how he initially invested in real estate within a self-directed IRA but learned valuable lessons about leveraging properties for higher returns. Harrison outlines his realization that financial freedom doesn't require saving a large sum like $4 million but can be achieved by creating consistent passive income through rental properties. Click to Listen Now
Mike Harrison emphasizes the balance of order and chaos in life, particularly within real estate investing. Reflecting on his personal journey, he recounts how purchasing his first rental property seemed chaotic at first but ultimately brought financial success and stability. He highlights the value of stepping outside one's comfort zone to tackle new challenges, viewing real estate as a form of controlled chaos that can lead to greater freedom. Click to Listen Now
Mike Harrison discusses his journey as a real estate investor, beginning in 2011 and joining Lifestyles Unlimited in 2013. He reflects on the favorable market conditions from 2012 to 2021, including low interest rates and high cap rates, which offered exceptional investment opportunities. However, between 2022 and 2024, rising inflation and interest rates created a more challenging environment. Harrison emphasizes the importance of perseverance, adaptability, and seizing opportunities to navigate market changes and continue benefiting from real estate investments. Click to Listen Now
Mike Harrison hosts Blake and Chris, members who transitioned from passive single-family investments to Lead investors in Multifamily properties. They reflect on their journey, acknowledging the persistence and growth required despite facing doubts and hardships. They emphasize the importance of balancing the needs of residents, investors, and lenders. To navigate uncertainties, they rely on a strong network of mentors, consultants, and personal contacts, ensuring they have the support needed to make informed decisions. Click to Listen Now
Mike Harrison shares his personal investment criteria for real estate, emphasizing risk mitigation and maximizing returns. Detailing his personal investment strategy of limiting his investments to 10% of his net worth with any one lead investor and restricts active investments with the same lead to two deals. By following his rules, he is able to maintain continued growth and strategic diversification in his real estate portfolio. Click to Listen Now
Mike Harrison interviews Odin, who began his investment journey at just 15 years old. He highlights the satisfaction of transforming distressed properties into quality homes that uplift communities and the joy of seeing tenants and neighbors thrive. Odin shares how his efforts go beyond financial gains, focusing on creating positive change. Listen as he discusses his vision for the future and how his journey is just getting started. Click to Listen Now
In this inspiring episode, I chat with Mike Harrison-Lamond, a powerhouse dance industry advocate and the Dance Arts Alliance Vice-Chair. Mike shares his journey from studio owner to industry leader, where he's part of a team spearheading change for a new award specifically for dance and performing arts education, and safeguarding its future. Connect with Mike and the Dance Arts Alliance Learn more about the Dance Arts Alliance: Visit the Website
Mike Harrison explains how to achieve the lifestyle and freedom you desire through real estate investing. He contrasts this with the traditional approach of working a job, saving for years, and hoping to retire comfortably. Harrison stresses that real estate investing is not just about accumulating wealth, but about gaining freedom from financial stress and the ability to pursue your passions. Click to Listen Now
Mike Harrison hosts Lead Investors Jeff and Courtney as they share their journey since joining Lifestyles Unlimited in 2015 after attending the Financial Freedom seminar. They discuss their transition from Single Family properties to acquiring their first Multifamily investment during COVID. Highlighting the pivotal roles of transferable skills, mentorship, and calculated risks, they demonstrate how these factors contributed to their success, even in challenging times. Click to Listen Now
Mike Harrison interviews Corrie, a first-time lead investor, who shares key lessons learned from managing a multifamily property with Lifestyles Unlimited. Emphasizing the importance of running it as a business, she discusses the value of clear communication with passive investors, effective property management, and maintaining positive relationships with both employees and residents. Click to Listen Now
Mike Harrison interviews member John, a "super passive" investor, to discuss key strategies for successful passive real estate investing. They emphasize the importance of new investors establishing a clear investment strategy by evaluating their financial capabilities and setting defined goals to guide their decisions and maximize success. Click to Listen Now
Mike Harrison reviews the 2024 Wealth and Passive Income Expo, highlighting why more people are turning to real estate investing and the benefits it offers, including tax advantages that allow passive investors to offset capital gains with depreciation. He contrasts the broken traditional retirement model, where many retirees struggle with limited income, with the wealth-building potential of real estate. Click to Listen Now
Gear up for Week 8, feat. San Antonio Holy Cross coach Mike Harrison and Craig Way
Mike Harrison continues his discussion on specific roadblocks that prevent people from changing their investing habits. He tackles common issues such as believing you're "too old," misconceptions about personal homes as investments, and hesitation among potential investors. Harrison urges listeners to take action and embrace the potential of real estate for generating passive income. Click to Listen Now
Mike Harrison emphasizes the importance of dismantling mental obstacles that can hinder financial growth through real estate. He identifies five key roadblocks investors often encounter and provides strategies to overcome them, paving the way for investment success. Click to Listen Now
Mike Harrison emphasizes the importance of taking control of one's financial future by stepping away from traditional retirement accounts. He critiques the common belief that working harder is the solution to financial struggles, arguing that this approach often leads to increasing bills over time. Instead, Harrison advocates for investing as the essential pathway to wealth, empowering individuals to shape their financial destiny. Click to Listen Now
Mike Harrison shares his journey from corporate America to financial freedom through real estate investing. He outlines various paths to success, including the option to become an Independent Rental Owner (IRO) for those looking to actively manage their properties, as well as opportunities for passive investing. Click to Listen Now
Mike Harrison reflects on how the traditional American Dream has shifted, with paths like homeownership and higher education no longer being as effective. He shares how prioritizing financial freedom through real estate investing can help you build wealth and avoid the heavy debt burdens associated with mortgages and student loans. Click to Listen Now
Are you prepared to live to 100? Mike Harrison discusses retirement and what that means for most Americans. He argues that retirement should be viewed as a financial condition rather than a set age, emphasizing that true financial freedom means having the means to live life on your own terms. Click to Listen Now
Mike Harrison outlines key rules for successful real estate investing, emphasizing that each directive includes implied guidelines. He shares his own personal investment rules he follows, which have proven effective in his investment journey and protected him from losses. Click to Listen Now
Mike Harrison discusses the importance of following proven strategies in real estate investing. He highlights the benefits of active management, sharing tips on how to enhance property value, maximize returns, and leverage the tax advantages of real estate. Click to Listen Now
Mike Harrison explores why rental real estate remains the greatest wealth-building asset. He highlights its resilience compared to other investments like the stock market and guides you through leveraging equity and managing your property investments effectively. Click to Listen Now
Mike Harrison responds to listener questions, discussing the transition from Single Family assets to Multifamily economies of scale and the "white paper" that sets Lifestyles Unlimited Lead Investors™ apart from other apartment syndications. Click to Listen Now
Mike Harrison explores behavioral economics and how they impact your investment choices. Listen to find out the five behavioral biases you can learn to avoid to find success in your real estate investing journey. Click to Listen Now
Are you prepared for financial crises from emergencies or major expenses? Mike Harrison emphasizes the importance of staying ahead with passive income. Discover the five essential considerations for your investing journey and why now is an excellent time to buy. Click to Listen Now
The truth about retirement savings forces a decision. Mike Harrison delves into the repercussions of Truth Denial and the critical difference between saving for retirement and investing in cash flow. Learn to use leverage the same way millionaires do, to create cash flow and multiply wealth. Click to Listen Now
Contrasting traditional retirement strategies, Mike Harrison defines the distinctions between money versus currency versus investments and why real estate is the greatest wealth creation tool to secure financial freedom. Click to Listen Now