Today, we’re joined by Mikey Taylor, a former top 10 professional skateboarder turned real estate powerhouse. Now the co-president of Commune Capital, Mikey and his firm manage over $200 million in real estate assets, including self-storage properties and apartment buildings, primarily in California.
For many pro athletes, investing is a crucial way to secure their financial stability beyond their athletic careers.
Although Mikey skated into his early 30s, he already had significant experience in building a brand through his signature shoe, co-founding a craft brewery, and seeing it go full cycle.
In today’s episode, we’ll explore how Mikey’s unique journey, skills, and contrarian thinking set the stage for his successful real estate ventures.
Mikey shares his insights on starting a private equity real estate firm, the differences between building a firm and investing independently, why entrepreneurs should consider private funds, and crucial tips for new real estate investors.
If you’re an entrepreneur looking into real estate investing, this episode is a must-listen.
Let’s get started!
Key Takeaways:
Introduction (00:00)
Meet Mikey Taylor and his skateboarding journey (01:38)
Pro skateboarding vs. college (03:34)
Mikey’s entrepreneurial debut with craft beer (07:57)
Skateboarding as a business (8:57)
Knowing your superpower (10:53)
From running a business to running for public office (13:45)
How Mikey started his private equity real estate firm (18:03)
Mikey’s top factors for choosing an asset class (23:11)
Building a private equity real estate firm vs. independent investing (29:57)
Why invest in private funds (31:26)
Mikey’s private equity firm structure (36:05)
Tips for new real estate investors (41:01)
Rapid-fire questions (45:22)
Keep up with Mikey (47:09)
Additional Resources:
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Beyond A Million is a business podcast that reveals the scaling secrets of 8, 9, and 10-figure entrepreneurs. Every week, we share an exclusive behind-the-scenes look at the best business growth strategies that work.
If you’re an entrepreneur or business professional who’s looking to level up & continue to scale far beyond the million-dollar mark, this podcast is for YOU!
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