Episode 251 - From Prison to Profits: Real Estate Journey & Financial Freedom with Alex Donnolo

30 Jul 2025 • 58 min • EN
58 min
00:00
58:30
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What happens when you start with a 10-year prison sentence—and end up managing over $50 million in real estate assets? In this powerful episode of the Invest2FI, Craig Curelop welcomes Alex Donnolo: a real estate expert, public speaker, and former inmate with a story that defies the odds. Alex Donnolo’s life wasn’t always destined for success. Learn how he went from wrongful conviction to creating a thriving business in mobile home park investing through seller financing and operational discipline.   You’ll hear how he scaled from a lawn care hustle to an empire with 21 parks across 11 states and what it really takes to raise capital, build a hybrid investment model, and lead with resilience. Whether you"re facing setbacks or looking for a strategic investing edge, this episode delivers inspiration and tactical wisdom in every minute.  PODCAST HIGHLIGHTS: [02:35] - Growing up with family of business owners  [03:02] Middle school hustling with t-shirts and skateboards  [03:10] Ran small business screen printing with friends  [03:49] Wrongfully convicted, sentenced to 10 years  [06:50] Became national news, withdrew from high school  [12:46] While incarcerated, Alex found spiritual guidance  [26:45] Started seller-financed mobile home park investing  [32:31] Alex manages 21 properties across 11 states, totaling $50 million  [34:31] Blended interest rate strategy at 8%  [35:59] Exit strategies and contingency planning  [38:21] "Hybrid model" gives lenders partial equity  [42:40] Doubled value of first MHP in 2 years  [45:31] Rent increase strategy done with transparency  [47:19] Solo growth after partnership split in 2020  [48:00] Why MHPs outperform storage and multifamily  [49:02] Seller-financed deals are harder in storage asset class  [51:01] Scaling challenges, building efficient team culture  [52:55] Plans to focus more on writing and speaking  [53:05] Upcoming book release in September  [53:51] Best advice: “Resilience not perfection” by Jim Collins  HOST  Craig Curelop     📸 Instagram: https://www.instagram.com/thefiguy  📘 Book: https://store.biggerpockets.com/products/the-house-hacking-strategy  🏘️ Buy Real Estate: https://bit.ly/3V3QDze  GUEST  Alex Donnolo  📸 Instagram: https://www.instagram.com/alexdonnolo/  📘  Pre-order his book: https://www.alexdonnolo.com/  🔍Youtube: https://www.youtube.com/channel/UC2rurhFHovVKJgTxC3d5DBg     

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