The Psychology of Wealth: Building a Purpose-Driven Real Estate Investment Career with Phil Restivo | E35
Phil went from not being able to get a job, to owning his own plumbing business, flipping houses, and owning 7 rental properties.
In this episode I sat down with my friend Phil Restivo. A resilient and motivated person who doesn't take no for an answer. He is a plumber by trade but as you will find out in this episode, he is truly someone with a deep thirst for learning. Not knowing how to do something has never stopped him, and propelled him to owning his own business and multiple properties which he uses to rent out. Phil shares how he overcame personal and professional hurdles, from battling severe sleep apnea to navigating life with ADD. Phil's story is filled with invaluable insights and inspiration from someone who is determined to get what he wants. Join us as we uncover the transformative moments and pivotal decisions that have shaped Phil's unique path towards fulfillment and purpose.
Bio: Phil Restivo is a hands-on kind of guy who found his passion for craftsmanship at a young age. He decided to attend a technical school that offered hands-on training for half the year and academics for the other half. Although he initially saw it as a way to "get out of work free," he found that the school provided him with valuable trade skills. He graduated with a focus in plumbing, but struggled with the idea of not going to college. After not being able to find a plumbing job because of a bad driving record, he started working on cars for money. He worked at various body shops for a few years before returning to plumbing. After getting his license, and inspired by believing he could run a company better than the people he worked for, he opened up his own plumbing business. As someone who gets board easily, he then moved his interest into real estate and began to research it obsessively, while at the same time picking up work in home remodeling. Years later he finally had a down payment for his first home that he flipped in a few months. He was hooked after that and today Phil has 7 rental properties while still running his plumbing business.
β¨ FREE GUIDE: Soften Your Inner Critic in 7 Days: A Guide to Stop Getting In Your Own Way
In this episode I sat down with my friend Phil Restivo. A resilient and motivated person who doesn't take no for an answer. He is a plumber by trade but as you will find out in this episode, he is truly someone with a deep thirst for learning. Not knowing how to do something has never stopped him, and propelled him to owning his own business and multiple properties which he uses to rent out. Phil shares how he overcame personal and professional hurdles, from battling severe sleep apnea to navigating life with ADD. Phil's story is filled with invaluable insights and inspiration from someone who is determined to get what he wants. Join us as we uncover the transformative moments and pivotal decisions that have shaped Phil's unique path towards fulfillment and purpose.
Bio: Phil Restivo is a hands-on kind of guy who found his passion for craftsmanship at a young age. He decided to attend a technical school that offered hands-on training for half the year and academics for the other half. Although he initially saw it as a way to "get out of work free," he found that the school provided him with valuable trade skills. He graduated with a focus in plumbing, but struggled with the idea of not going to college. After not being able to find a plumbing job because of a bad driving record, he started working on cars for money. He worked at various body shops for a few years before returning to plumbing. After getting his license, and inspired by believing he could run a company better than the people he worked for, he opened up his own plumbing business. As someone who gets board easily, he then moved his interest into real estate and began to research it obsessively, while at the same time picking up work in home remodeling. Years later he finally had a down payment for his first home that he flipped in a few months. He was hooked after that and today Phil has 7 rental properties while still running his plumbing business.
β¨ FREE GUIDE: Soften Your Inner Critic in 7 Days: A Guide to Stop Getting In Your Own Way
π Timestamps:
00:00 β Introduction
00:53 β Early Life & Schooling
02:00 β Lessons from Tech School
04:25 β Early Career Path Choices
06:11 β Learning Through Setbacks
08:11 β Plumbing & The Apprenticeship Challenge
11:31 β Gaining Experience & Getting Licensed
13:06 β Real Estate Aspirations & Starting Side Hustles
16:21 β Cross-Country Travel: A Pivotal Moment
22:13 β Starting a Plumbing Business from Scratch
24:30 β Taking Any Work & Finding a Mentor
30:10 β Business Growth & When to Hire Help
31:06 β Diving into Real Estate: First House Flip
37:10 β Learning from Flips & Shifting to Rentals
44:07 β Expanding Business: Rehab Work & Real Estate Strategy
51:55 β Managing Multiple Properties & Work-Life Balance
53:43 β Pushing Through Setbacks & Staying Motivated
57:59 β Learning Styles and Personal Development
61:16 β Self-Limitation, ADD, and Building Self-Confidence
67:23 β Purpose vs. Happiness: What Really Matters?
73:10 - Closing
00:53 β Early Life & Schooling
02:00 β Lessons from Tech School
04:25 β Early Career Path Choices
06:11 β Learning Through Setbacks
08:11 β Plumbing & The Apprenticeship Challenge
11:31 β Gaining Experience & Getting Licensed
13:06 β Real Estate Aspirations & Starting Side Hustles
16:21 β Cross-Country Travel: A Pivotal Moment
22:13 β Starting a Plumbing Business from Scratch
24:30 β Taking Any Work & Finding a Mentor
30:10 β Business Growth & When to Hire Help
31:06 β Diving into Real Estate: First House Flip
37:10 β Learning from Flips & Shifting to Rentals
44:07 β Expanding Business: Rehab Work & Real Estate Strategy
51:55 β Managing Multiple Properties & Work-Life Balance
53:43 β Pushing Through Setbacks & Staying Motivated
57:59 β Learning Styles and Personal Development
61:16 β Self-Limitation, ADD, and Building Self-Confidence
67:23 β Purpose vs. Happiness: What Really Matters?
73:10 - Closing
π‘Key Takeaways
In this episode you'll learn:
How to take a nontraditional path
How to become a plumber
How to overcome self doubt
How to navigate real estate investing
How to flip a house and become a landlord
How to learn how you learn
How to overcome ADHD
How to use your ADHD as a strength
How to learn through failure
How to manage multiple properties and a business
How to shift from chasing money to seeking personal purpose
How to become a plumber
How to overcome self doubt
How to navigate real estate investing
How to flip a house and become a landlord
How to learn how you learn
How to overcome ADHD
How to use your ADHD as a strength
How to learn through failure
How to manage multiple properties and a business
How to shift from chasing money to seeking personal purpose
π Start Here If Youβre New
π₯How To Connect
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