Nov. 8, 2021

MB291: From Homeless Addict to Successful Investor – With Rob Rowsell

MB291: From Homeless Addict to Successful Investor – With Rob Rowsell

While most of us resist setbacks and struggles, both are crucial to our growth. In fact, the most successful investors are those who respond to failure with resilience. Who pick themselves up, dust themselves off and take the next step of...

While most of us resist setbacks and struggles, both are crucial to our growth. In fact, the most successful investors are those who respond to failure with resilience. Who pick themselves up, dust themselves off and take the next step of uncomfortable action toward their dreams.

Rob Rowsell embodies that kind of human will. In 1999, he was a homeless crack addict living on the streets. Then, he stumbled into a rehab center, and through sheer grit, Rob turned his life around. Today, he is a real estate investor, motivational speaker, multiple business owner and bestselling author of Addicted to Life: How I Went from Homeless to Extraordinary Success and Happiness in a Short Period of Time.

On this episode of Financial Freedom with Real Estate Investing, Rob joins cohost Garrett Lynch and me to share his journey from homeless addict to successful multifamily investor. He explains why so many aspiring investors don’t succeed, challenging us to develop a strong WHY and leverage visualization to reach our goals. Listen in for Rob’s insight on cultivating the mindset you need to take action, grow through the challenges and achieve financial freedom as a multifamily investor!

Key Takeaways 

Rob’s struggle with addiction

  • Hooked on meth and crack cocaine
  • Homeless and unemployable

What inspired Rob’s decision to change

  • Realized on path to death or prison
  • Pain to stay same > pain to change

How Rob got back into society 

  • Choose new people, places and things
  • Willing to take uncomfortable action

Why aspiring investors don’t take action

  • Biggest hurdle = previous successes
  • Lack big enough WHY 

How Rob uses visualization to reach his goals

  • Write out as if already accomplished
  • Read over to instill yearning, belief

The traits of a successful entrepreneur

  • Build momentum via stacked action
  • Willing to act despite uncertainty
  • Grow through catastrophic failure

How Rob used knowledge to build momentum

  • Ziglar taught potential to succeed
  • Saved to buy Carleton Sheets course

How Rob got into real estate

  • Bought auto repair shops no $ down
  • Used hard money for first few SFHs

How Rob grew a 1K-unit multifamily portfolio

  • Start with SFH buy-and-hold strategy
  • Flip SFHs into small multifamily
  • Reinvest profits in larger multifamily

Connect with Rob Rowsell

Addicted to Life

Resources 

Get Tickets for Deal Maker Bootcamp 

Access Michael’s Syndicated Deal Analyzer 

Download Michael’s Deal Maker Blueprint

Learn More About Michael’s Mentoring Program

Addicted to Life: How I Went from Homeless to Extraordinary Success and Happiness in a Short Period of Time by Rob Rowsell

See You at the Top by Zig Ziglar 

Carleton Sheets 

Michael on Facebook 

Michael on Instagram 

Michael on YouTube 

Apartment Investor Network Facebook Group 

Podcast Show Notes