Business
Welcome to The Big Mike Fund Podcast. Today I’m talking to Mike Fitzgerald, who lives in (and owns a large portion of) a small town just outside of DC. In this episode we talk about his town of Hagerstown, preparations for the future of the market, what a credibility site is, and we even have a short political discussion on voting for people and not just on party lines. Minute Markers: 00:20 - Welcome to the Big Mike Fund Podcast 00:40 - A bit about Mike Fitzgerald and Hagerstown, MD 04:57 - Mike’s formula for success in real estate 06:35 - “Rehab” projects 08:08 - Preparations for economic downturn 11:30 - Mike’s thoughts on the future of the market 12:25 - The connection of legalizing marijuana to the recession and the market 13:50 - The basics and value of investing 14:20 - Hagerstown investments 18:45 - Credibility site 20:00 - Political discussion: voting for the people, not the party 22:14 - Advice for real estate investors or people interested in real estate 24:00 - How to get in contact with Mike Fitzgerald 24:46 - Thank you for listening to The Big Mike Fund podcast Quotes: “Taking action. Moving forward and taking action and not accepting ‘No’ as an answer.” – Mike Fitzgerald, on his formula for success “I think we’re due for a recession but I don’t think we’re going to get one for another two years.” – Mike Fitzgerald “Although I vote (a lot of times) republican, I don’t always vote party line.” – Mike Fitzgerald “It’s not about what makes you happy for a minute, it’s about what makes you fulfilled for a lifetime.” – Mike Fitzgerald “That’s actually a great point. The person matters, especially if they are sufficiently independent and if they have great individual thoughts.” – Mike Zlotnik “Yeah, it’s a difficult time for middle-of-the-road people. They don’t seem to appeal to the extremes and the extremes on both sides seem to be dominating each party.” – Mike Zlotnik Resources: Gideon Properties Michael T. Fitzgerald credibility site (Password: abc) Article referred in show: “City developer wants to make downtown Hagerstown 'great again'”