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February 25, 2025 53 mins

In this powerful episode of From Adversity to Abundance, host Jamie Bateman sits down with Patrick Carroll for one of the most compelling interviews to date. Patrick’s story is a testament to resilience, adaptability, and strategic thinking in real estate investing.

Patrick started with no money, moved cities at 19, and entered the real estate world through single-family investing before pivoting into multifamily, college housing, property management, and other vertically integrated services. By the age of 27, he had made close to $10 million, a figure that pales in comparison to where he is today. Despite his success, Patrick remains humble and prefers to operate behind the scenes, continuously evolving his strategies to stay ahead of market trends.

This episode covers mental health challenges in entrepreneurship, balancing ambition with personal well-being, and how relationships and mindset play a crucial role in long-term success. Patrick shares his insights on market conditions, how he’s timed investments well, and the key differences between single-family and multifamily investing.

At the very end, Patrick delivers some of the best advice on how to truly make it in real estate—so don’t miss a second of this episode!

Guest Introduction: Patrick Carroll

Patrick Carroll is a real estate investor and entrepreneur who built a multimillion-dollar portfolio through strategic investing, vertical integration, and disciplined decision-making. From single-family homes to multifamily and property management, Patrick has successfully navigated multiple real estate sectors while staying ahead of market shifts.

Episode Highlights:

  • From Nothing to Millions – Patrick’s journey from moving cities at 19 to making nearly $10M by age 27.
  • Single-Family vs. Multifamily – The pros and cons of each investing strategy.
  • Mental Health & Entrepreneurship – How to manage stress, relationships, and personal well-being while scaling a business.
  • Market Insights & Timing – How Patrick has successfully timed market shifts and investment opportunities.
  • Mindset for Success – Why mental resilience is critical in real estate investing.
  • Game-Changing Advice – Stay tuned until the very end for Patrick’s key takeaway on how to succeed in real estate.

Key Takeaways:

  • Starting from nothing doesn’t mean you can’t build an empire—Patrick’s story proves it’s possible.
  • The right mindset is just as important as the right deal in real estate.
  • Entrepreneurship comes with sacrifices, and mental health should not be ignored.
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