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271. From Flips to Fortune: How Losing Money Led Us to Build DFW's Largest REI Community - Mickey Patterson
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From Flips to Fortune: How Losing Money Led Us to Build DFW's Largest REI Community - Mickey Patterson
Join us as we take you on a journey that began in the early 2000s with a single-family residence and a dream. In this episode, we share the highs and lows of our real estate investment story, starting with our initial ventures in flipping homes that consistently lost money. We quickly learned that education is expensive, but the knowledge we gained was invaluable.
Frustrated by the lack of local real estate investment (REI) meetings, Sherry founded IMPACT in 2013, which has since grown into the largest REI group in the DFW area. Sherry also acquired her real estate license, specializing in investment properties. Over the past decade, we've diversified our portfolio to include RV parks, multifamily properties, rehabs, flips, new builds, land development, syndications, funds, and more.
In this episode, we'll discuss how our passion for real estate evolved, the critical lessons we learned, and how we've helped numerous investors grow their wealth. With the collaboration of our dedicated team, we believe in the power of exponential growth, mutual support, and accountability. Tune in to hear how we're helping people achieve the lives they've always dreamed of and how you can join us on this exciting journey.
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