Greenbook: A Local Guide to Chesapeake Living - Issue 3 | Page 67

Pre-Foreclosure Investing” (Wiley,
2008) and “How to Sell a House When
It’s Worth Less Than the Mortgage”
(Wiley, 2009).
“Once Bill and I were married and
started cranking up a business where
we worked together, we easily
reached our next goal of $10 million as
a net worth,” she explained. “As the
economy tanked so did our income and
we both turned 50. We really started
to evaluate what we want out of the
second half of our lives.

in real estate, you have to assemble a
winning team.
Marchiol, a former collegiate
volleyball star at Indiana University,
knows a thing or two about teamwork.
After she hung up her Hoosier jersey,
she played professional ball in Italy
until a knee injury in 1994 sidelined
her professional career.

wealth through real estate. I’m
looking at multi-family rental units
right now to invest in.”
Now, she’s at the top of her game.

“Someone once asked me: When is
enough, enough?” asked Marchiol,
who just published a new book “The
Prosperity Principles,” a book about
the five keys to success. “I couldn’t
“I’ve always wanted to help others
answer. I still can’t. Real estate is my
create generational wealth,” said
passion. I am blessed enough to have
Marchiol, founder of HYPERLINK
the talent to know residential real
"http://www.teaminvestmentsinc.com/" estate like the back of my hand. I am
“We discovered that our true goals
TEAM Investments, a Phoenix, Ariz., a scholar of the markets. It is a new
were no longer about money, and
real estate brokerage that caters
challenge daily. I can grow and change
hadn’t been for many years. Our goals largely to professional athletes and
with it. Owning and making money
were about helping others,” she added. investors. “I saw all these professional on something I can touch, be in a first
“How many people can we help?
athletes who don’t know what to do
position, improve, possibly sell or rent
How much money can we tithe to our
with their money. Even the ones with
and make money. My end is nowhere
church? How many millionaires can we the best financial planners didn’t know in sight and my goals are limitless. It
make? How many lives can we touch?
how to create passive income through is ever-changing.
real estate.”
“We believe that when you do the
“My goal is to create an empire that I
right thing, with the right heart, the
“In 2001, I teamed up with one of my
can run and put other people in places
money will come. We have long since
clients, Justin Lucas of the Arizona
where I am today,” she continued,
stopped worrying about how much
Cardinals, and we flipped 13 houses,”
dreaming of the day she can retire her
money we make and have made
recalled Marchiol, who regularly
jersey with someone else running her
helping others change their lives our
appears on CNBC and the Fox Busiorganization.
No. 1 goal.
ness Channel. “In 2009, I flipped 200
homes. Shortly thereafter, I started
Landlord Nation
We are so blessed to be able to change buying rentals. Today, I have over
Name: Wendy Patton
lives in so many ways: helping a
55 rental properties that are cash
Hometown: Detroit, Mich.
distressed homeowner get a fresh
flowing. My investment properties are Net worth: $2 million
start, taking a newbie investor and
scattered all over the Valley. Diversifi- Drives: 2007 Saab 93
turning them into a millionaire. We
cation creates less risk.”
Owns: 45 rentals
have helped people in our community
Goal: Not sure yet
with mortgage payments, surgeries,
As her business grew, she realized
money, furniture and so many, many
that she couldn’t do everything; she
other things. It’s all about giving.”
needed to assemble a team.
“Homeowners get rich and renters
stay poor.”
The Game Changer
“I know my limitations. You want to
David Bach
Name: Tanya Marchiol
know what my limitations are. I can’t
Hometown: Phoenix, Ariz.
run a business,” she confessed. “But I Fed up with her dead-end job at
Net worth: $1-2 million
do know real estate. I was trying to do Electronic Data Systems (EDS),
Drives: 2013 Ford F-150 Harley
too many things. So I hired a guy from Michigan real estate investor Wendy
Davison truck
Bank of America to run my business.” Patton traded a comfortable corporate
Owns: 55 rentals
career to become a landlord.
Goal: 100-150 multi-family rentals
With a professional manager running
units
her operations, her real estate busiThe decision changed her life.
ness exploded. Her company is one of
the most successful real estate invest- After 10 years of watching her
“Don't leave equity in a property.
ment firms in Phoenix.
fellow workers lose their jobs, she got
Pull it out so you can buy more."
tired of working long hours and quit