Million Dollar Relationships - Troy Fullwood

Summary: In today’s episode we are joined by Troy Fullwood, Troy built the first distressed asset fund on Wall Street for non-performing residential mortgages back in early 2007 to capitalize on the market crash. He spent 2 years running the distressed asset fund which operated and produced a solid 91.15% IRR for himself and the investors that were involved; in late 2008 he sold off his majority interest in the fund to a Wall Street Capital group. The core focus of the fund was purchasing first lien NPN's and modifying the loans to preserve home ownership for homeowners. He helped over 1700 people stay in their homes during his time at the fund.

Key Highlights: 

[00:00 - 09:21] Troy Fullwood on Living Life by Design

• Troy Fullwood is a 56-year-old entrepreneur who owns and operates pinnacle investments, a company that specializes in buying and selling performing and non-performing residential real estate notes and mortgages.
• Troy has been teaching financial strategies to improve net worth and returns on capital for 24 years.
• One of the things that has influenced Troy's life is his relationship with mentors who have planted seeds with him based on his stage in life and his business.
• With his wife, Troy's life by design brand focuses on living life to the fullest and enjoying what you do.

[09:21 - 16:51] Troy's Journey: From Struggling Entrepreneur to Successful Real Estate Investor

• He talks about how one person has had a big impact on his life and business, and it was Danny Gonzalez.
• Danny taught Troy how to be a better investor and person, and it was all designed to break generational curses.
• He also talked about his friend David, which was his friend for years, He David was working for Danny. He realizes that you're only a couple people away from the people you need to know
• Troy also share about meeting Milt at a men's Bible study and was impressed by his teaching on real estate.

[16:52 - 23:55] Danny Fullwood's Legacy of Financial Wisdom

• Danny changed Troy's life by teaching him the right way to do deals, protecting both parties, and helping people achieve home ownership quickly.
• Since meeting Danny, Troy has impacted tens of thousands of people through his teaching

[25:56 - 30:36] Closing Segment

• Follow him on Facebook and LinkedIn.  
• You may their website at www.thethrivinginvestor.com  or troyfullwood.com
• Final words

Thanks for tuning in!  

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Tweetable Quotes

“The only reason I share it is to inspire other people, to look beyond yourself, to look beyond your circle, to look beyond your family and go and look for opportunities out there in your own community, whatever it may be.  Everybody seems to have a different gift which is wonderful.” 

- Troy Full Wood