Land Flipping and the Four Freedoms with Michelle Bosch
Justin Stoddart Welcome back to The Think Bigger Real Estate Show. I am your host, Justin Stoddart, and I have a treat for all of you today, I can't wait to introduce you to an incredible lady in so many areas of her life. I'm going to make you wait to hear exactly who it is, even though I know you can see her already. Let me just restate the purpose of this show, which is to help you think bigger. Everything you want in life will come about as you do the right things and you will do the right things as you start to think about the right things. So, my purpose and my passion are to help you think bigger so that you can do the right things and then have the impact and life that you were designed to have. So with that, I would encourage you if you have not already signed up for the regular newsletter, which gives you updates and show notes of the amazing guests that I have, you can get to that at https://thinkbigger.real estate. That's my website and I encourage you to do that. I'm honored today to have with me Michelle Bosch. Let me tell you a little bit about Michelle. I'll just start with this, her businesses have been featured on INC, Fox, ABC and Forbes. She has really done some incredible things, let me tell you, about this as a real estate investor, entrepreneur and leader. She's the co founder and CFO at orbit investments and a full time real estate investor since 2002. They've got a really unique strategy, we're going to get into that, but she has bought and sold over 4000 pieces of real estate. Yes, you heard that right 4,000 with a comma, pieces of real estate and built the third largest land investment, investment and auction company, in the US. I told you this is impressive while bringing that company successfully into the eight figure revenues in a matter of 18 months. Ladies and gentlemen, I'm so excited to have with me today. Michelle Bosch. Michelle, thank you for coming on the show today.Michelle Bosch Oh my God, thank you so much for that wonderful introduction. It is an honor to be here, I'm excited to be with you know, with your audience today. And, and provide, you know, a little window into, you know, the world of of investing in real estate.Justin Stoddart I love that. And before we get into all of that, we're going to keep everybody hanging just a little bit about how in the world in 18 months, you created such an empire. I want people to know a little bit about your background. You are from Honduras, originally an immigrant and your husband is from Germany, also an immigrant.Michelle Bosch Yes.Justin Stoddart One of my mentors, as I mentioned to you previously is Brian Buffini, who wrote the book, The Emigrant Edge. When he grew up in Ireland, he loved, and still loves his homeland. But when he came to America, he saw and felt something different, which is the land of opportunity. It's the coveted place where the ambitious want to come, entrepreneurs wants to come, because they realized the soil here is so fertile. Talk to us about that Michelle, howbeing in America has really opened your eyes to opportunity.Michelle Bosch Yeah, you know, both my husband and I, like you mentioned are, immigrants into the US. So I came here in 1995. Jack came here in 1997. And we pretty much walked into the US with two suitcases to our name. You know, we both came to study here with a lot of hardship and sacrifice. My mom is a single mom, she raised me as a single mom, my father passed away when I was very young. But she you know, she invested in me, and, you know, send me to a bilingual school back home, which is what allowed me, you know, to come to the US to be able to talk to you even, you know, right now, during this interview, she, she, she was she had so much faith in me and, and for jack as well, you know, he came from perhaps, you know, Germany is a much more wealthy society, let's put that, you know, that way versus hundreds. But still, you know, he came from a background where his father was an elementary teacher, his mother a stay at home mom. So there was there was always money, you know, money, pinching counting money to make sure that you know, to make ends meet. And, and then you come into the US and, you know, we did what everyone did, which is to get a job, we work 60 or 80 hour weeks for, you know, for a big company as consultants traveling 100%. And, and, and we absolutely hated and then we realized, oh, my goodness, we are in a place where, you know, we we were following the traditional track, but we're in a place where you can get us an LLC set up for $180 here in the state of Arizona, you know, you file like a three page paperwork, and you can get it done. And hundreds you have to go through an attorney in Germany, it's like you have to have even financial backing, and so on to even start a corporation and so on and so forth. So there's so much red tape and and I think the emphasis though that I want to bring is the fact that when we came here, or when an immigrant comes into the US, you come hungry, you come driven, you come, you know, you come looking for something better than what you had in the past and where you came from. And there's opportunities everywhere. I think that because it's also new to us we see everywhere, and because it's it's common for a person living in the US and raised in the US, they don't see them anymore. You know what I mean? So I think it's, it's it's seeing opportunities that others don't see as a result of just coming from a completely different backgrounds, completely different context. So yeah. And now with my daughter, who's now born and raised here, I'm always like walking that fine edge of like, how can I still keep her hungry? How can I still keep her driven? While at the same time? You know, I don't want her to fall into poverty consciousness either, you know, so. So it's, it's a fine line. Justin Stoddart So powerful. You said that, you know, I spent two years of my life on a church mission in Brazil, lived a among them, I didn't live as an American, I was really as a Brazilian, very humble circumstances, and it was amazing to me, the perspective that it gave. You know, many of my companions that I would team up with down there came out of extreme poverty and were returning to extreme poverty after their missions. And I was returning to a well known four year university, and it almost felt an unfair, right, and there were times that where I was, you know, felt like how can I do more to lift them. And I think if there's, there's one thing that we can all do, living in the land of the or whatever country you're in, I know I have friends actually in Brazil watching this, I got a comment here from one is that is to take advantage of the opportunities that you have, don't take them for granted. Don't, don't spend so much time recreating that you don't actually take the time to work. Again, I think sometimes people, they'll work just enough to where their needs are taken care of. Yet, someone like you who's gone on to create significant, success through other people, we begin to extend the hand and send the elevator back down, like my friend, Lou Radja says, send the elevator back down. So someone else can also rise up. And I think that's the responsibility of all of us to, you know, to that have great opportunities is that you know, where much is given, much is required. Justin Stoddart So thank you for sharing that perspective on kind of your background, and part of the reason I'm sure as to why you've done what you've done.Michelle Bosch Yeah, yeah, absolutely. And I think also, that background was incredibly crucial for us, because like I was telling you earlier, we we went into an asset class within real estate, that is not common, but But for us, it was the simplification of real estate it was and for me, o...