From Bankruptcy to Real Estate Success: Scott Krusemark’s Comeback Story

18/03/2025 52 min Episodio 241
From Bankruptcy to Real Estate Success: Scott Krusemark’s Comeback Story

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Episode Synopsis

Scott Krusemark joins The Eternal Optimist to share his journey from IT consultant to real estate investor, coach, and hard money lender with over 30 years of experience. Matt and Scott get into the lessons learned from more than 150 real estate transactions, including the early mistakes that led to a 10-unit property dragging him into bankruptcy. Scott breaks down the four key equations every investor needs to know, the discipline required to avoid bad deals, and why real estate can be a strong strategy for financial stability. With Scott’s analytical approach and decades of experience, this conversation is packed with practical takeaways for anyone looking to navigate real estate with confidence.Chapters:00:00:00 - Welcome to The Eternal Optimist – Let’s Go!00:00:55 - Meet Scott Krusemark: Investor, Mentor & Resilient Entrepreneur00:01:39 - From Tech to Real Estate – Scott’s Unexpected Path00:03:41 - Living with Asperger’s: Turning Challenges Into Strengths00:06:25 - Rewriting His Story: Overcoming Life’s Biggest Struggles00:19:37 - Love, Marriage & the Unexpected Journey That Followed00:25:31 - Jumping into Real Estate – The First Big Moves00:26:09 - The Costly Mistakes That Every Investor Should Avoid00:28:10 - How the 2008 Crash Took Scott to the Brink00:29:01 - Bankruptcy, Hard Lessons & Bouncing Back Stronger00:31:03 - Why Playing It Safe in Real Estate Pays Off00:32:54 - Scott’s Proven Investment Rules for Long-Term Success00:33:17 - The 70% Rule: The Simple Math That Protects Your Deals00:36:57 - Fix & Flip vs. Rentals – Which One is Right for You?00:37:12 - How to Read the Market & Invest with Confidence00:41:44 - Hard Money Lending Exposed: What Every Investor Must Know00:44:16 - Want to Learn from Scott? Here’s Your Chance00:46:47 - Scott’s Must-Read Books for Wealth & Growth00:48:59 - What It Truly Means to Be an Eternal OptimistBook Recommendation:Rich Dad, Poor Dad – Robert Kiyosaki Cashflow Quadrant – Robert Kiyosaki The Code of the Extraordinary Mind – Vishen LakhianiLinks And Resources:Scott on Linkedin

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