The Journey from Engineering to Real Estate Investing with Mark Abramovich
Mark Abramovich, the founder of the MIRS Group and a partner at Idoni Management, is an entrepreneur with a strong background in engineering and industrial development. Over the years, Mark decided to transition into real estate investing, focusing on solving problems for real estate investors through the lending industry.
Listen now to learn more about Mark’s journey into real estate, how his background in engineering played into real estate investing, and how he is helping investors do more deals today!
Key Talking Points of the Episode
00:00 Introduction
01:34 How did Mark get into real estate investing?
02:38 How did Mark’s childhood influence his work ethic?
05:02 What skills from Mark’s previous career helped him in real estate?
07:55 What does creativity in real estate really mean for Mark?
09:54 What piece of advice does Mark have for people who want to be successful?
12:01 What was Mark’s transition from investor to lender like?
14:14 How has business life been like for Mark and his wife?
16:12 What does Mark focus on when he speaks in groups and events?
18:16 What are the benefits of being part of a group like the NPLA?
19:25 How important is the right network for a real estate investor?
23:50 How important is it to dress professionally as you build your network?
25:14 Why are first impressions important in real estate investing?
28:40 What are the biggest deal makers and deal breakers in real estate?
30:14 How important has Mark’s experience been to his success in real estate today?
32:23 What challenges does Mark face in balancing his personal and professional life?
37:54 How can you get in touch with Mark?
Quotables
“I was sitting in my home office, working on a couple of loans, and figuring out how to structure them and the realization suddenly hit me that I was being an engineer just in a slightly different medium.”
“The bigger and better your network, the bigger and better your net worth is.”
“When you meet somebody for the first time, no matter what, your brain instantly makes a decision of like or dislike.”
Links
Website: MIRS Group
Website: RCN Capital
https://www.rcncapital.com/podcast
Instagram: RCN Capital
https://www.instagram.com/rcn_capital/
Website: REI INK
Email: RCN Capital