Feb 25, 2022
Ligia and Mike have been investing in real estate since 2006 while balancing demanding corporate careers. In 2016, they found themselves both unemployed, with two daughters in college, a hefty mortgage and plenty of other bills to pay; they chose not to reenter the corporate rat race and instead embark on Life 2.0 They charged into real estate full-time, building a thriving, vacant land investing venture. The husband-wife duo has more recently transitioned to commercial real estate and are currently partners in over $50 million of commercial assets across more than 1,000 multifamily units located in multiple markets. The Deaton’s love enjoying the ultimate lifestyle design, hiking the mountains in their hometown of Colorado, all while making a meaningful impact to both communities and investors.
Let's dive in to learn more about land investing and how Mike and Ligia went to becoming entrepreneurs from being employees.
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[00:01 – 08:38] Opening Segment
[08:38 – 17:55] Overcoming Fears
[17:55 – 42:57] Land Investing to Multifamily
Links below
[37:08 – 38:20] Round of Insights
Apparent Failure:
Mike’s first marriage.
Most Recommended Book:
Mindset: The New Psychology of Success
Daily Habit:
Their daily routine
Number One Insight for Investing
Dig in deep and get to know your lead sponsors.
Best Place to Grab a Bite in Colorado
Bart’s House
Contact Mike & Ligia:
To learn more, you can go to Mike and Ligia’s website.
Click here to listen to Mark Podolsky’s episode on land investing.
Tweetable Quotes:
“Mistakes can be super costly. So you owe it to yourself to have a good coach or mentor .” - Mike Deaton
“I try to see things not as failures but as learnings and as a course correction along a path.” - Mike Deaton
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