Building Wealth Through Real Estate, Systems, and Grit - Michael Yarnes

In this episode, Matt talks with Michael Yarnes about how he and his wife went from waiting tables to managing 750 rental units and owning 27 of their own. They cover starting during the 2008 crash, building a property management company with high standards, mentoring young entrepreneurs, and finding balance as a business-owning couple. A real conversation on grit, systems, and staying grounded while scaling.

 

Timestamps: 

 

00:28 - Meet Michael Yarnes

 

 

4:35 – First rental property

 

8:25 – Establishing duplication 

 

12:39 - Starting in property managemnt 

 

14:08 – Client standards and turning down business

 

25:09 – Mentoring young entrepreneurs

 

30:00 – Climbing gyms and real estate ownership

 

38:15 – Hiring an operator and stepping into CEO role

 

40:00 – The Launch Pad and youth mentorship

 

43:30 – Navigating marriage and business together

 

47:00 – People who gave him a hand up

 

Resources & Links

 

Want to be a guest on the show, or have a deal that you would like for us to evaluate? Apply here

 

Follow Us on Social Media

 

Instagram: @AmpedSuccess

 

LinkedIn: Amped Success

 

Tiktok:  @Ampedsuccess

 

YouTube: @AmpedSuccess

📧 Contact Us: For inquiries, reach out at [email protected]