- What would you say is the most important lesson
you've ever learned?
- Live below my means.
That ties into my previous business.
When it was going great, I bought a big house,
had the boat, bought up all the land around my house,
I lived large.
Not ridiculously but more than I needed to
and then when that chain of events happened
and that money wasn't coming in anymore,
that was not fun.
- It's a tough pill to swallow for sure.
- Yes and I sold and sold and sold
because I didn't wanna lose what I had
and now I live in a modest house.
I live in Florida, I see boats all the time,
I want a boat so bad but I don't buy it
'cause now I look at it
and I say well that boat there is at least 50 grand,
you know what I could turn that into if I bought
a bunch of lots
and so I live way below my means now
so I will never have to be in that sort of situation again.
- Yeah a lot of the times the things you own
end up owning you.
Back when you were doing really well
and you had the bigger house and I just mean honestly,
did you feel any happier or was your stress level higher
or lower or I don't know, how would that life contrast
to how it is today?
- I was happy,
at least I fooled myself that I was happy.
I think I was happy.
I like having money and stuff.
- [Seth] Oh that's weird.
- (laughs) I know.
- I do too.
- But I don't have a lot of the shiny objects right now
but I have assets and I'm happier
and I sleep better knowing that.
I don't have to fear that I will lose those things.
- Well Mike I really appreciate you taking the time
to chat with me, it's been a really fun conversation,
really informative.
If people want to learn anymore about your business
or do you have like a website or anything you want to share?
Or no pressure you don't have to.
- Well I'm on the Facebook Group for REtipster.
I'm in there, I post in there every once and awhile.
- I see you all the time.
- And so that's an easy place
or my buying website I guess you could go
to is mikebuysland.com and there's a contact form there
and people can reach out and say hi that way
or I'm around, yeah.
- Yeah and Mike has a lot of great contributions
in the community as well
so I appreciate everything you've contributed there
and yeah Mike, we should do this again in a year or two.
- I would love to.
- See if you're still doing well
and see if anything's changed
and I'm sure life will be going awesome.
- Oh I'm sorry, excuse me Seth, I'm sorry to interrupt
but there's something that is really important
that I have not said yet in this podcast.
- Yeah what's that?
- You, my friend, have been an inspiration to me.
It's what you put out there on the internet
and the REtipster club and all
of that was a very integral part of me getting
into this business and learning this business
and I do not know if I would have been able
to do it without what I learned from you
so I just want to say thank you.
- That's so good to hear man, I appreciate you sharing that.
That's why I do all this stuff
so that's very, very gratifying.
I appreciate you saying that so yeah man,
I appreciate it again, everything you've contributed
and just for sharing your thoughts
and your heart and everything that's been
going on in your business
and yeah to all the listeners out there
if you guys want to check out the show notes
for this episode, this is episode number 44.
I've got a big list here, a lot of links
and different stuff we've talked about.
You can find all stuff that listed out at retipster.com/44
and that wraps up for today
and hopefully I'll see you guys in the next episode.