
Major Hillard IV shares his journey from a $1,500 investment to running a successful real estate operation focused on distressed properties.
Major Hillard IV started with $1,500, a used book he found in his father's attic, and three jobs he couldn't make work. Today he runs MH Estates LLC, a vertically integrated real estate operation built entirely on buying distressed properties that other investors avoid. In this episode, Major joins host Alex Perny to break down exactly how he turns overlooked deals into long-term cash flow. Key Points: • How Major built his first portfolio with almost no starting capital • Why he targets distressed, mismanaged properties that institutional buyers pass on • What to look for during due diligence: infrastructure, deferred maintenance, and hidden costs • How restructuring leases and renovating units can increase property value almost overnight • Why vertical integration, owning acquisition, management, sales, and financing under one roof, creates a lasting edge Chapters: 00:00 Introduction and Major's $1,500 start 07:30 Lessons learned and early mistakes 17:36 Spotting deferred maintenance and infrastructure red flags 28:20 Buying distressed, mismanaged properties for value 41:27 The stigma versus the real economics 57:18 How to connect with Major Hillard Subscribe to our YouTube…
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