06 | Using Passion to Become a Multimillionaire with Keegan Wetzel

Keegan is an honor graduate from the United States Naval Academy who ranked in the top 3% of his class as a Systems Engineer while playing Division 1 football. On the football field, he earned First-Team Academic All-American honors (the 6th person in the Navy's history to do so) and won the Roger Staubach trophy (Team MVP) as well as the Joe Bellino Silver Helmet Award (best player in the State of Maryland). Keegan played in the NFL with the Chicago Bears in 2012 before returning to his duty as a Naval Officer.

After a few years in the Navy, he turned to real estate investing. In 2019 he purchased his first piece of real estate in San Diego: a 3-unit multifamily for $1.4M with $0 down on his VA loan. Over the course of 2 years, he built a portfolio of OVER 150 units; which comprises large commercial syndications, joint commercial ventures with other investors, single family rentals, Airbnb and luxury vacation rentals, and even an RV rental business. He now owns and operates a real estate sales and mortgage company helping investors in the residential 1-4 unit multifamily space in California.

Let’s tune in to his story!

[00:01 - 07:10] Opening Segment

Welcome to the podcast!
Get to know our guest Keegan Wetzel
- Bio
- How Keegan has influenced Ike
- Keegan shares how he got into real estate
The Two Greatest Expenses in Life
The road to multifamily

[07:11 - 12:14] Using Passion to Become a Multimillionaire

A passion for helping veterans
- Multifamily investing, you can do it
- Keegan’s value framework
An income stream that will make you a multimillionaire
- Break the barriers
- Apply this formula

[12:15 - 24:11] The Legacy Round

Keegan’s Favorite Acquisition
- A fourplex
- Eliminating living expenses just by signing some paper
How Keegan met his partners
- Keegan shares how he found his partners
- The qualities to look for a partner
- How to build a partnership and how to look for a team
“The harder I work, the luckier I get.”
Get the exposure that you need

[24:12 - 30:21] Slice of Knowledge

Routine is Key
- Prospecting, maintaining relationships
- The Pareto Principle
One Slice of Wisdom
- “Leverage.”
Real Estate Multifamily Vocabulary
- Cash on Cash
- Cap Rate
Books and Masterminds to Try
- How to Create Wealth Investing in Real Estate
- San Diego Opportunity Knocks MeetUp
Final words
Connect with our guest, Keegan in the links below