Community Highlights: Meet George Ansong

Today we’d like to introduce you to George Ansong.

Alright, so thank you so much for sharing your story and insight with our readers. To kick things off, can you tell us a bit about how you got started?
“The cave you fear to enter holds the treasure you seek.” – Joseph Campbell I spent the early 70’s driving a cab in New York City. Thanks to a No Money Down Seminar hosted by Mr. Tyler Hicks of International Wealth Success (IWS), I was introduced to real estate investing and immediately fell in love with the idea. Mr. Hicks became my mentor and helped me buy my first investment property in Brooklyn, NY — a multi-unit property I sold later. Next up, I tried my luck in the Jersey Area before ultimately making Atlanta home in 1990.

Back then, real estate was a side gig. I worked full-time in management in one of the top retail companies in the US. Leveraging all-out management, leadership, and organization skills, I helped the store grow. I became an Associate Manager in a mere year, managing a $30 million operation. It was all back in the 1980s.

After moving to Atlanta with my family, I bought and operated a laundromat. I sold the business a few years later to fund my next venture Metro Linen Service. It was one of the area’s leading Linen’s Service businesses for a while. Meanwhile, I also run other businesses, including Import Export and Loan Funding for Small businesses.

In 2000, I attained my real estate license and joined Property Agents of GA, one of Southeast’s leading foreclosure real estate firms. Next up, I served names like Prudential Georgia Realty, now Berkshire Hathaway Home Services.

Passionate about sharing my experience and knowledge with others, I launched a course: Starting and Managing a Small Business. Next up, I became an Adjunct Instructor and taught real estate investing at Kennesaw State University, Chattahoochee Technical Institute, and Perimeter College. In 2007, I also attained the Life Enrichment Instructor of the Year award from Kennesaw State University.

During the same time, I also teamed up with a few like-minded partners to launch Quadrant Investments LLC. Through the company, we bought and sold over $50 million in real estate before the recession struck in 2008.

Today, I work as a Realtor at Maximum One Realty in Atlanta, Georgia. I work with new and seasoned investors in the area and also mentor other agents.

Even today, I religiously follow the practice that helped me go from driving cabs to success. Through GAV Capital Partners LLC., I help investors invest and attain similar success. Penning the lessons learned along the way, I also authored The Cash Flow Real Estate Agent – A Step-by-Step Guide to Working with Investors.

I genuinely love empowering others through my courses or words. Once, a mentor helped me make my dreams a reality, and today I aim to pay it forward and help others build successful lives via real estate investment. My three investment courses are also approved as Continuing Education Credits in Georgia.

Can you talk to us a bit about the challenges and lessons you’ve learned along the way. Looking back would you say it’s been easy or smooth in retrospect?
The journey to now has not been hurdle-free. I faced some significant setbacks in the 90s. Around 1994, Metro Linen Service met an accident and burned down. I got a lot of money from my insurance company and retired early. Back then, the commercialization of the Internet was in full swing. Dot-com firms took the stock market up. Trusting innovation, I invested in tech companies and also learned Day Trading. However, the dot-com bubble burst in 1995, and I lost all my investments.

The time was devastating. However, I knew I had to, and I could climb back up. I turned to what I know best; real estate. As it goes, Once an entrepreneur, always an entrepreneur.”

I got back into the real estate game through creative real estate financing techniques (investing other people’s money). Next up, I formed Quadrant Investment LLC. A considerable success turned into failure in 2008 when the economy took a downturn. Yet still, I carried on.

Thankfully, I was able to rebuild from the ground up. I believe the most challenging thing in real estate investment is raising capital. I knew once I learned how to raise money from private sources, I could always make my way back up.

As you know, we’re big fans of Asempa Enterprises Inc. & GAV Capital Partners LLC. For our readers who might not be as familiar what can you tell them about the brand?
I own two companies, Asempa Enterprises Inc. and GAV Capital Partners LLC. Through the first, I publish my books and schedule seminars, webinars, and field trips. The latter is a Buy-Fix-Flip company. I guide investors with strategic market insights and help them make winning decisions. Data is a must to make sound investment decisions; GAV Capital Partners provides the crucial insights to help investors leverage data to ascertain success. In addition, I also work with investors interested in subdivisions, and I am a part of the group about to break ground on a new subdivision in Atlanta. The projects GAV Capital Partners LLC and our partners are working on are worth about $15 million.

What would you say have been one of the most important lessons you’ve learned?
The biggest lesson I learned along the way is that our worst fears rarely transform into reality. Even when disaster strike, your business gets burned to ashes, or investments go bust, you can always get back up. Take action. I also learned we must expand our horizons and see the bigger picture. So, make bold and outrageous goals and never give up. Make unachievable goals so you can always find the fuel to continue the movement.

Further, conquering fear is a must to become limitless. Reading books and listening to podcasts is not enough. It doesn’t count as action; it counts as procrastination. I think we know more than we admit. All that is needed to learn is how to pull the trigger. Take action. Real learning begins afterward.

Most importantly, I believe it is essential to do what you love to do, as work never feels like work. I love real estate investments, and I love to teach. It doesn’t feel like work; it is a source of happiness.

Pricing:

• The Cash Flow Real Estate Agent-15.99

Contact Info:

• Website: https://thecashflowrealestateagent.com
• Instagram: https://www.instagram.com/gansong/
• Other: https://www.georgiamls.com/real-estate-agents/ANSONGGEORGE

Image Credits
Jovan Scott-Walker