Eric is out to discover why some investors are successful and others are not. Do you ever wonder why some have the mindset to be disciplined, or why some seem to be "lucky"? This podcast hosts successful investors and asks the hard questions around those
From day job to dream life, this is a must-listen farewell. In today's episode of The Real Estate Mindset, I'm excited to share with you the bittersweet news of the final episode of the Real Estate Mindset podcast. After an incredible run of over three years and 170+ episodes, I am signing off with a powerful and emotional farewell that you won't want to miss.Tune in as I discuss my move to Spain, valuable advice on goal-setting and personal growth, the importance of exercise and education in achieving success, and give a reminder of the power of partnerships and mentorship.Whether you're a long-time listener or new to the show, this episode is packed with wisdom, inspiration, and actionable advice that applies to both real estate and life in general. It's a fitting capstone to a podcast that has helped so many on their real estate journeys.Thank you for your continued support, and here's to the legacy of Real Estate Mindset!Find more from Eric NelsonWebsite: https://www.wildoakcapital.com/ Podcast: https://podcasts.apple.com/us/podcast/the-real-estate-mindset/id1560387078 Instagram: @wildoakcapital @ericnelsoncoaching Facebook: https://www.facebook.com/WildOakCapital
Are you ready to learn from a real estate investor who's built a thriving business from the ground up? In today's episode of The Real Estate Mindset Podcast, I talk with Brian Green, a successful real estate investor and developer from Saratoga Springs, New York. Brian shares his journey from owning a chain of Verizon Wireless stores to building a thriving real estate business with his brother.Our conversation goes over the importance of gaining hands-on experience and knowledge in real estate before taking on larger projects. Brian emphasizes that it takes time and effort to reach the "10,000 hour tipping point" where everything starts to click. He also stresses the value of finding your niche within the business, whether it's deal analysis, construction management, or property management. You'll learn Brian's approach to heavy value-add projects, the challenges of ground-up development, and his philosophy on building a successful real estate business.Brian Green is the Founding Principal of Green Springs Capital and has been investing in real estate for the past 9 years. Before real estate, Brian founded a chain of retail stores that grew to over $10 million in annual sales before successfully exiting the company in 2014. He is a licensed NYS broker and has a Masters in Business Administration.To learn more about Brian Green:Website: https://greenspringscapitalgroup.com/ Instagram: @greenspringscapital
In the world of real estate investing, it's easy to get caught up in the excitement of finding deals and raising capital. But what happens after you close the deal?In today's episode of the Real Estate Mindset podcast, I sit down with Kyle Mckinney, a seasoned professional with a fascinating background in defense and commercial real estate. Kyle shares a valuable insight that many investors overlook: asset management is the key to long-term success. While finding deals and raising capital are undeniably important, asset management is the marathon portion of the business. It's the day-to-day work of managing properties, communicating with investors, and making sure your investments are performing as expected.Kyle's unique perspective and wealth of experience make for an engaging and informative conversation that will leave you with actionable insights you can apply to your own investing journey.Kyle McKinney has a diverse background spanning government service and commercial real estate. Kyle co-founded an investment firm that raised capital for co-general partners. Currently, Kyle shares his expertise through consulting and his latest venture, Pentagon Property Academy, where he teaches investors and aspiring investors the ins and outs of owning and managing multifamily properties, with a strong emphasis on asset management.What we discuss:(00:00) Asset Management and Entrepreneurial Transition(09:00) Lessons Learned From Business Success(17:08) Real Estate Mindset and Asset Management(26:26) The Importance of Asset ManagementTo learn more about Kyle McKinney:Website: Pentagon Property Academy Email: Kyle@PentagonPA.com
Are you looking for a recession-resistant investment opportunity with high cash flow potential? Self-storage might just be the answer you've been searching for.In today's episode of the Real Estate Mindset podcast, I talk with Tom Dunkel, an expert in the self-storage industry. Tom shares his fascinating journey from the corporate world to becoming a successful self-storage entrepreneur, despite facing challenges during the Great Recession.Self-storage has proven to be a stable and consistent asset class, with occupancy rates staying between 80% and 90% over the past 40 years. This stability is attributed to the fact that people need storage during both good and bad economic times, making it an attractive investment option for those seeking reliable returns.To learn more about the advantages of investing in self-storage, the importance of mentorship, and Tom's personal insights on building a successful business, be sure to listen to this informative episode of the Real Estate Mindset podcast.Tom Dunkel is chief investment officer for Belrose Storage Group LLC, which offers passive investment opportunities and specializes in self-storage acquisitions and development nationwide. What we discuss:(00:02) Real Estate Entrepreneurship and Self-Storage(07:26) Differences in Self-Storage and Multifamily(12:02) Technology and Trends in Self-Storage(23:18) Lessons in Investing and Mentorship(34:04) Expertise in Self-Storage InvestmentTo learn more about Tom Dunkel:Website: https://www.insideselfstorage.com/ Email: tom@belroseam.com
Have you ever stopped to think about what it really means to be a champion? Is it just about holding a trophy or winning a title?In this week's powerful podcast episode, guest John Marrone shares a profound insight: the true value of becoming a champion lies in who you become along the way. It's about celebrating the days you put in the work when you didn't want to, overcoming doubt, and pushing through resistance.John's journey from a troubled past to a successful coach and entrepreneur is a testament to the power of mindset and perseverance. His walking quotes and actionable tips will leave you feeling empowered to tackle your own challenges and become the champion of your life.John Marrone is the Co-Founder of Real Estate Mastery Coaching. John is a High-Performance Transformation Specialist and has coached over 7,000+ Real Estate Agents on proven conversion techniques. When he's not coaching he shares the stage with other impactful leaders like Tony Robbins, Trent Shelton & More. Don't miss this inspiring episode of the Real Estate Mindset podcast. Listen now and discover how celebrating the process, not just the outcome, can lead you to incredible growth and success.What we discuss:(00:02) Life Transformation Through Transparency and Work(06:36) Real Estate Mastery Coaching Formula(18:50) Finding Motivation in Everyday Life(24:43) Success Through Dedication and Delayed Gratification(34:55) Embracing the Process and Setting BoundariesTo learn more about John Marrone:Website: https://www.homesofemeraldcoast.com/ Instagram: @realjohnmarroneCoaching: https://www.gorealestatemastery.com/payatclose
Do you struggle with impostor syndrome? In this candid and relatable episode, we dive deep into our personal experiences with impostor syndrome, particularly during career transitions. We share authentic stories about the challenges of shedding old identities and embracing new ones without feeling like an impostor.We discuss the pressure to fit into expected roles or labels, and how this can lead to feelings of inauthenticity and self-doubt. We also emphasize the importance of being true to yourself, even when stepping into a new career or environment. Whether you're starting a new job, building a business, or pursuing a passion project, this episode provides relatable insights and strategies for overcoming impostor syndrome and embracing your true self along the way.What we discuss:(00:02) Navigating Authenticity in Business Relationships(10:14) Embracing Identity and Authenticity(13:46) Identity Beyond Career(22:48) Self-Development and AccountabilityTo learn more about TREM:Website: https://www.wildoakcapital.com/ Podcast: https://podcasts.apple.com/us/podcast/the-real-estate-mindset/id1560387078 Instagram: @wildoakcapital @ericnelsoncoaching @bennelson303Facebook: https://www.facebook.com/WildOakCapital
Ever wondered what it takes to build and rent out 150 brand new single-family homes in a year?In today's episode, Brock from Memphis shares his inspiring journey from mowing lawns for foreclosed properties in high school to becoming a powerhouse residential builder and rental property owner. Despite the challenging market conditions, Brock's company is on track to complete an impressive 150 new construction rental homes this year, primarily in the booming Sarasota, Florida area. He reveals his strategies for identifying profitable markets, designing contemporary yet affordable rental products that appeal to today's renters, and the mindset shifts required to scale a residential construction business successfully. If you're interested in new construction investments or the fundamentals of operating a thriving real estate business, this is a must-listen episode packed with valuable insights from someone doing it at a massive scale.Brock Holliman is a successful real estate investor and builder from Memphis, Tennessee, who now operates primarily in Florida. He got his start mowing lawns of foreclosed homes as a high school student before attending real estate auctions and flipping houses with his father, a builder. Brock has since built hundreds of homes across several states, focusing now on building single-family rental properties in suburban areas of Orlando and southwest Florida, especially Sarasota County. His company builds contemporary 4-bed/2-bath homes and operates its own property management arm.What we discuss:(00:02) Real Estate Investment and Development(07:34) Building Homes(14:43) Investing in Sarasota(24:00) Building Success in Real Estate(31:12) Real Estate Business and Investing ShowTo learn more about Brock Holliman:Website: https://www.mynewrental.com/ https://www.mynewrental.com/invest https://www.brock1.com/ Instagram: @follow.brock
Join us for an enlightening discussion with Jay, a real estate investing aficionado who transitioned from traditional bank financing to the dynamic world of private money. Jay recounts the pivotal moment his line of credit vanished, prompting a resourceful shift to private funding. He shares his experience of educating his network on private lending and self-directed IRAs, which astonishingly led to raising over $2 million without a direct ask. Listen in as Jay divulges his clever strategy of 'good news phone calls' to prospective investors and the profound influence that a solid mental framework and private capital have had on his ventures in the quaint market of Morehead City, North Carolina.In our conversation, we unpack the complexities and strategies of private lending in real estate, exploring how to maintain investor relationships and the critical need to reinvest capital post-property sales. I reveal how trust is cultivated with investors through the diligent performance of their money and highlight the security measures like deeds of trust and insurance policies that fortify lender investments. We also discuss the importance of understanding the operator's track record and making astute property offers. To wrap up, I unveil techniques for discovering eager private lenders, utilizing tools like the Private Lender Data Feed and tapping into personal networks, emphasizing the potential of retired individuals dissatisfied with their retirement fund returns. Tune in for these insights and more, as we explore the impactful world of private lending in real estate.What we discuss:(00:02) Private Money(06:53) Private Lending Strategies and Risks(18:26) Finding Private Lenders for Real EstateTo learn more about Jay Conner:Website: jayconner.comBook: https://www.jayconner.com/book-details/ Private Money Academy: https://www.jayconner.com/four-week-free-trial-v2-0/ Instagram: @jay_conner_private_money
Join us for an enlightening discussion with Jay, a real estate investing aficionado who transitioned from traditional bank financing to the dynamic world of private money. Jay recounts the pivotal moment his line of credit vanished, prompting a resourceful shift to private funding. He shares his experience of educating his network on private lending and self-directed IRAs, which astonishingly led to raising over $2 million without a direct ask. Listen in as Jay divulges his clever strategy of 'good news phone calls' to prospective investors and the profound influence that a solid mental framework and private capital have had on his ventures in the quaint market of Morehead City, North Carolina.In our conversation, we unpack the complexities and strategies of private lending in real estate, exploring how to maintain investor relationships and the critical need to reinvest capital post-property sales. I reveal how trust is cultivated with investors through the diligent performance of their money and highlight the security measures like deeds of trust and insurance policies that fortify lender investments. We also discuss the importance of understanding the operator's track record and making astute property offers. To wrap up, I unveil techniques for discovering eager private lenders, utilizing tools like the Private Lender Data Feed and tapping into personal networks, emphasizing the potential of retired individuals dissatisfied with their retirement fund returns. Tune in for these insights and more, as we explore the impactful world of private lending in real estate.What we discuss:(00:02) Private Money(06:53) Private Lending Strategies and Risks(18:26) Finding Private Lenders for Real EstateTo learn more about Jay Conner:Website: jayconner.comBook: https://www.jayconner.com/book-details/ Private Money Academy: https://www.jayconner.com/four-week-free-trial-v2-0/ Instagram: @jay_conner_private_money
Are you struggling with getting to your goals? It's time to take a second look at your habits. In today's episode of The Real Estate Mindset Podcast, we bring Steven Arneson back for more of his insights and wisdom. Steve is very intentional with the value he gives in this episode. We discuss jumping straight into multifamily, versus starting with something smaller so you're not stuck with something you hate. We go over life changing habits, and how to choose ones based on you - not what others do. We discuss how to be an effective leader and deal with uncomfortable situations, and even why you should ensure you're always choosing values over vanity for success. Lastly, we get real towards the end and share some hard personal stories so we can encourage you if you're in a dark time. Steve Arneson comes from a real estate family. His uncles are top realtors in Victoria year after year for 30 years running, others are project managers for major developers, and his grandpa founded Town and Country Real Estate and Insurance. Naturally, he started his first live-in flip investment in 2012 at the young age of 24. In The REINVESTORS, he works as the analytical, detailed and data/stat guy. Steve loves connecting with people, the thrill of the hunt, and wants to grow into being a very successful developer.What we discuss:(2:00) Do you need to go straight to Multifamily(5:57) How to choose valuable, life-changing habits (12:24) Habits to learn from(27:30) Brand Evangelism - Values over Vanity(31:26) Being an effective leader(41:00) Choosing how to show up in a situation(48:20) Be who you needed during your dark days To learn more about Steve Arneson:Website: https://thereinvestors.ca/ Email: Steve@thereinvestors.ca Instagram: @the_reinvestors @stevearnesonofficial Facebook: https://www.facebook.com/groups/thereinvestors Youtube: https://www.youtube.com/channel/UC6qc28Fe3GSRF4erp-tO6RA
Have you ever wondered what it takes to transform a handful of single-family homes into a self-storage empire spanning 38 facilities and over 18,000 units?In this episode of The Real Estate Mindset, Jacob Vanderslice, a real estate investor, reveals the blueprint for his impressive ascent within the competitive storage space. As he dissects the operational strategies that catapulted his properties from overlooked to outstanding, we gain an insider's perspective on the industry's unique benefits and hurdles, touching on the nation's shift towards renting and the emotional gravitas that accompanies personal storage.We also talked about how scaling a self-storage enterprise isn't all smooth sailing, and our conversation takes a deeper look at the trials that come with the territory.Jacob is a co-founder of VanWest Partners and has been investing in real estate since 2005.He leads the Investor Relations team and the launch of private Funds to raise capital for self-storage acquisitions. On behalf of VanWest, Jacob has deployed over $250 million in capital for value-add self-storage investments throughout the United States.Additionally, Jacob acquired 1,000+ residential properties on behalf of a national private investment firm. Prior to founding VanWest, Jacob was a professional firefighter and arson investigator in the state of Colorado.Jacob sits on the Board of Directors for Craig Hospital Foundation, a neurorehabilitation and research hospital in Englewood, Colorado specializing in spinal cord injury and traumatic brain injury rehabilitation and research.Jacob enjoys flying airplanes, skiing and hiking, and spending time with his wife and two young sons.We also discuss..(00:27) Real Estate Investing and Growth(05:28) Comparison of Landlord Evictions vs. Self-Storage(14:53) Emotional Aspects of Self-Storage(17:17) Troubles With Monthly Storage Payments (23:03) Economic Uncertainty and Rate Cuts(26:36) Real Estate Investment in Market Flux(30:04) Managing Risk in Real Estate Investing(35:08) Perspective on Family and Business(39:06) Challenges of Building With Shipping ContainersTo learn more about Jacob Vanderslice:Website: https://www.vanwestpartners.com/LinkedIn: https://www.linkedin.com/in/jacob-vanderslice-02905b16b
Do you ever feel like you're standing in your own way when it comes to achieving your dreams and success?In today's episode of The Real Estate Mindset Podcast, I chat with Aaron Velky about mindset. We don't go over real estate at all, as this episode is very mindset-driven. We talk about powerful tips for getting out of your own way. Aaron believes we stand in our own way when it comes to dreams and success. We discuss how to dream big, and detail that dream so that it's realistic and value-driven. Our conversation offers guidance for overcoming mindset obstacles that often accompany plateaus and financial loss. Aaron advises that you need to be ready for change and challenge when working on any type of mindset. Aaron Velky is a transformational coach on a mission to help you solve your biggest problem: You. He works with entrepreneurs in pursuit of more, not living the life they know they are capable of. He's been through all the things that kept him from living the life he wanted: being his own worst enemy, believing his own excuses, and not having someone to hold him accountable to change. He's a truthful, gritty but authentic coach, fighting fearlessly no matter the size of the obstacle for those who have been silenced or have been told to shrink rather than go for their big, audacious dream. What we discuss:(0:47) Aaron's Background(10:00) Lessons learned are more important than finances lost(18:15) Get Out Of Your Own Way (23:30) Dream so big it scares you(34:00) How to overcome worst case scenario (39:00) Book Recommendations (43:00) Find more from Aaron VelkyTo learn more about Aaron Velky:Website: https://getoutofyourownway.coach/ Instagram: @aaronvelky Get Out Of Your Own Way PodcastYoutube: https://www.youtube.com/@aaronvelky Book: https://a.co/d/6FqYqrW
Do you find yourself saying, “I just don't have the time?” In today's episode of The Real Estate Mindset Podcast, I chat with Jake Rosenthal about his journey into real estate and his no excuse attitude towards his work. Jake offers great tips for finding time within your week, taking action, and not just burying yourself in research and learning. We discuss starting a side hustle with just four hours each week and how it's often best to keep your W2 as long as you can. Our conversation offers guidance on living below your means, until you have plenty of reserves. We also dive into getting into short term rentals, and double checking offers - especially if they sound too good to be true. Jake Rosenthal hosts Life on Your Terms where you'll listen in on his conversations with top performers and multi-millionaires in real estate, business, health, and mindset. Jake became financially free at the age of 30 by launching his own business and investing in real estate among other assets — all enabling him to live each day on his own terms. He guides others to conquer what may feel like the impossible – to live a life of abundance, vitality, and financial freedom by embracing what you currently view to be unobtainable.What we discuss:(0:47) Jake's Background(8:22) Education is powerful(15:00) Getting into short term rentals(22:45) When to quit your W2(27:00) Start your side hustle(31:31) Jake's Book Recommendations(34:20) Mistakes to learn from(37:00) Check your deals! (39:00) Jake's definition of successTo learn more about Jake Rosenthal:Website: https://www.purelegacies.com/ https://www.jrvacations.com/ TikTok: https://www.tiktok.com/@jake.r.rosenthal Instagram: https://www.instagram.com/jake.r.rosenthal/ YouTube: https://www.youtube.com/@Jake.Rosenthal Podcast: Life On Your Terms with Jake Rosenthal
Do you work closely with friends or family? It can be tough to balance work and personal lives, but if done correctly, it can develop into even deeper relationships. In today's episode of The Real Estate Mindset Podcast, I chat with Dasha Beardsley about working with family. She has worked with Lone Star Captial and her brother for many years and offers insights on setting boundaries to keep work and personal lives separate. We dive into the current market and whether or not it's a good time to sell. We also discuss what we think the future holds for those of us in real estate. Our conversation offers guidance on working with investors, and how to share thoughtful gifts to develop those relationships. Dasha Beardsley directs investor relations and oversees marketing for Lone Star Capital. She is responsible for coordinating Lone Star's in-person summits as well as the sponsoring of conferences around the country. Dasha graduated magna cum laude from the University of Southern California with a degree in Real Estate Development. What we discuss:(1:00) Dasha's Story (3:00) Investor relations roles (7:00) The current market (13:40) Book recommendations(16:00) A mentor vs work experience(17:20) How Lone Star Capital started(19:20) Learning from mistakes(22:00) Defining success (26:15) Where to find more To learn more about Dasha Beardsley:Website: https://www.lscre.com/ Email: dasha@lscre.com Podcast: https://www.lscre.com/podcast Book recommendations: One Minute ManagerGiftology
Establishing clear boundaries allows you to let go of unproductive habits and pave the way for new ones that align with your goals. If you've wanted to “do better” or create high performance habits, this episode is for you. In this episode of The Real Estate Mindset Podcast, I chat with Steve Arneson about the importance of self-reflection as the first step to building high-performance habits. Steve discusses the power of introspection in understanding your current behaviors and identifying how to create new ones. Building high-performance habits starts with a deep look at your current routines and what's needed to create positive change. We also discuss practical strategies and "cheat codes" for building sustainable habits and how to release outdated habits to make space for the ones that truly serve you.Steve Arneson comes from a real estate family. His uncles are top realtors in Victoria year after year for 30 years running, others are project managers for major developers, and his grandpa founded Town and Country real estate and insurance. Naturally, he started his first live-in flip investment in 2012 at the young age of 24. In The REINVESTORS, he works as the analytical, detailed and data/stat guy. Steve loves connecting with people, the thrill of the hunt, and wants to grow into being a very successful developer.What we discuss:(1:00) Arneson's Background (6:15) Growing as a human(12:00) Working on habits(15:00) High performance habits(25:00) Live In Flips(33:00) Arneson's fund(36:00) Book recommendations (37:50) Mistakes made(40:00) Steve's definition of success(44:45) Find more from Steve Arneson To learn more about Steve Arneson:Website: https://thereinvestors.ca/ Email: Steve@thereinvestors.ca Instagram: @the_reinvestors @stevearnesonofficial Facebook: https://www.facebook.com/groups/thereinvestors Youtube: https://www.youtube.com/channel/UC6qc28Fe3GSRF4erp-tO6RA
Are you sitting on money and want to dive into investing? Or maybe you want to start raising capital to build your portfolio? Wherever you are in your investment journey, listen in while we talk to Jonathan Cattani about his experience with Cattani Capital Group. In this episode of The Real Estate Mindset Podcast, Cattani delves into his experiences with raising capital and investing. We dive into the ins and outs of it, giving you a multitude of tips. Whether you're a newbie, or you're experienced in the real estate investment world, you can learn valuable information from the mistakes and experiences Cattani has been through. We also discuss the importance of starting now and not waiting for the “perfect opportunity” as investments take time. There is no quick money maker with investments, so set yourself up in the future by starting today. Overall, this episode offers guidance on patience, continual learning, and what to do with investable capital. Jonathan Cattani is a licensed stock broker and host of The Cash Flow Chronicles- a Daily Investing Podcast. He manages a single asset fund of $650k and is a passive investor in 80+ STRs. He founded Cattani Capital Group and offers valuable information on social to those wanting to learn more about investing. What we discuss:(1:00) Jonathan Cattani's Background(5:00) Raising Capital (9:20) Better traction with newer investors (11:32) What you should do with investable capital (17:48) Patience - the key to investing(24:52) Why you should start investing today(29:00) The choice to do something now(33:50) Don't be afraid to ask for help(39:00) Never stop learning (41:30) Cattani's Book Recommendations(46:50) The biggest lesson Cattani learnedTo learn more about Jonathan Cattani:Cattani Capital Group: https://cattanicapitalgroup.com/ Podcast: https://cattanicapitalgroup.com/podcast/ Jonny's Instagram: @jonnycattani TikTok: https://www.tiktok.com/@jonnycattani YouTube: https://www.youtube.com/channel/UCljEz4pq_paQ9keABhJzt0A
Your physical state and mental health are intrinsically intertwined. Working on your physical health can significantly boost mental fortitude, which in turn, improves other areas in life, like business. ==========In this episode of The Real Estate Mindset Podcast, we chat with Derrick McBride about building efficiency in all areas of life, whether it's exercise, dealing with stress, or building a business. Derrick works with athletes to help them improve performance and most of his methods can be applied to any life circumstance. We also discuss the importance of physical activity for overall health and how it helps work on mental fortitude. There is a balance between putting in the work physically and also making sure you take time to recover well. Derrick McBride is a holistic sports medicine practitioner who combines the time-tested approach of traditional Chinese medicine with modern restorative techniques to provide the most comprehensive care for musculoskeletal wellness and injury rehabilitation.What we discuss:(1:03) Derrick's background and working with athletes. (9:07) The mental benefits of taking care of physical health(14:30) How people can get better with movement (20:40) How to build efficiency (30:00) How mental state affects performance (38:40) Derrick's book recommendations (48:50) The book Anti Fragile (51:17) Where to find more from Derrick McBride To learn more about Derrick McBride:Website: fixpm.com | derrickmcbride.com Email: derrick@fixpm.com Instagram: @the_acufunkurist
Real estate can have amazing highs, but there are often lows that are not in your control due to changing economies. If you struggle with doubts and knowing how to get through hardships, these mindset tips are for you. ==========In this episode of The Real Estate Mindset Podcast, we chat with Matt Floyd about his transition from B2B sales to investing in real estate. He's learned to cultivate a powerful, positive mindset that has helped him get through the many low points that can come when first starting a real estate business. We also discuss short term rentals versus long term rentals and the risks of each. Matt talks about looking at different areas in real estate for growth and success, not just profit, which can help you get through any lulls you may have on a property. Matt Floyd now runs Stay Classy Management which helps entrepreneurs set up short term or vacation rentals. He's got a wealth of knowledge to share in this episode, so dive in! What we discuss:(0:43) Matt Floyd's Background(5:30) How adventure transfers into business(8:13) Matt's transition from B2B sales to real estate(14:16) The risk of vacation rentals/short term rentals (17:00) Real Estate isn't liquid - it should be thought about long term(21:50) Profit isn't the only way to make money (24:30) Optimizing all avenues of opportunities (27:00) Book recommendations (36:27) Mistakes to learn from (41:17) Matt's definition of success(50:42) Where to find more from Matt Floyd To learn more about Matt Floyd:Website: stayclassyhomes.com Email: partner@stayclassyhomes
Have you considered investing in real estate property, but aren't sure how to do it remotely? ==========In this episode of The Real Estate Mindset Podcast, we chat with Jen and Stacy Conkey, the creators of Remote Multifamily Investing Academy. We chat about community within their real estate investment coaching programs, and how they started at zero. Jen and Stacy have built a booming community of real estate investors, all growing and learning together. We also discuss the importance of adding value and how to manage assests when living remote. Investing in real estate remotely is possible as long as you're using systems and technology to keep you apprised of what needs to be managed. Jen & Stacy Conkey are not just a dynamic power couple; they're a real estate powerhouse with two decades of investment experience and an insatiable drive to transform the multifamily education space. Their passion isn't just in doing deals — it's in elevating others to do the same.What we discuss:(0:50) Jen & Stacy's background(8:22) Finding deals(13:47) Education for managing assets(18:00) The start of coaching (25:00) Solving loneliness for investors(27:00) It's okay to be a beginner(39:30) How groups grow(42:00) Where to find more from Jen & StacyTo learn more about Jen & Stacy Conkey:Free training: https://www.warriorsofwealth.com/podcast Website: https://rmfiacademy.com/ Multifamily Freedom Hacking Book: https://rmfiacademy.com/multifamily-freedom-hacking/
If you're someone that struggles with setting goals and staying focused enough to hit those goals, your approach needs to be checked. Asking the right questions when setting goals and when trying to find a business partner can get you farther down the right path. In this episode of The Real Estate Mindset Podcast, we chat with Dave Gutierrez & Stu Grazier about being community-minded and the power of accountability. David Gutierrez and Stu Grazier forged a lasting bond at the Naval Academy, navigating distant postings except for a memorable stint in Naples, Italy. There, amidst shared laughter and future dreams, they decided to embark on a new adventure: real estate investing.But their journey wasn't just about bricks and mortar. They understood the crucial role of choosing the right partners – in this case, each other. Building on their friendship, they meticulously planned their business partnership. Like pre-marital counseling, they discussed core values, potential roadblocks (unappraised deals, enticing outside opportunities), and maintaining a healthy work-life balance. Open communication and mutual respect were key to ensuring they continued to bring their best selves to the table.Their story underscores a vital message: before diving into any partnership, have the essential conversations. Just like marriage, discuss expectations, anticipate challenges, and create a roadmap for success. In their case, clear communication and meticulous planning laid the foundation for a thriving business built on trust and friendship.What we discuss:(03:00) Creating a community of givers(7:30) The start of the Kinetic Man Mastermind(14:00) The power of accountability (24:45) Goal setting & Building Kinetic Men(36:50) Being a person someone would invest in(47:00) Cut your to do list (48:30) Celebrate the wins(50:00) Find more from Dave & StuTo learn more about Dave Gutierrez & Stu Grazier:Website: https://storehouse310.com/ Podcast: The Kinetic ManThe Kinetic Man Mastermind
If you're going through a hardship, and struggle to see hope within the situation, know that you're not alone. In this episode of The Real Estate Mindset Podcast, we chat with Nick Prefontaine about his journey through a traumatic head injury at a young age. In a snowboarding accident, Nick damaged his head enough that doctors said he would never walk, talk or eat on his own again. Despite this bleak future, Nick, alongside his parents, didn't give up hope. With the power of the mind, they worked through months of therapy in order for Nick to fully regain all abilities. His determination didn't end there. He continued to work hard at the young age of 16 as a door to door salesman, doing 50-70 doors each day despite ongoing rejection. This built his future in real estate, as well as his passion for motivational speaking. Today, Nick Prefontaine is a 3x best selling author and was named a top motivational speaker of 2022 in Yahoo Finance. He's a Speaker, Founder, and CEO of Common Goal. Using the S.T.E.P. system he can lead clients through their trauma. His passion lies in helping them through to where their limitless potential lies. What we discuss:(00:22) Nick's journey through a traumatic head injury (8:11) The S.T.E.P. System(13:30) Nick's start in real estate(19:30) Joining his dad's business (21:00) Helping homeowners with rent-to-own options (26:18) Nick's start to motivational speaking (34:40) Where to find more from Nick Prefontaine To learn more about Nick Prefontaine:Smart Real Estate Coach: https://smartrealestatecoach.com/ FREE BOOK: https://wickedsmartbooks.com/nbm3/ FREE STEP system download: https://nickprefontaine.com/step
Do you struggle with a lack of motivation when working towards your goals?In this episode of The Real Estate Mindset Podcast, we chat with Mike Mannino about his struggle with Chron's disease and how he powered through with mindset work and spirituality. Mannino started investing in real estate at a very young age, driven by his hard work ethic due to the struggles he had to push through as young as 13 years old. Mike grew up knowing real estate could bring wealth. He leaned into delayed gratification and started flipping houses rather than buying new cars and throughout his younger years of flipping houses, he used the power of positive thinking to continue changing not only his own life but his father's as well. The power of positive thinking (believing he would be successful) and consistently sharing his journey played a massive role in Mike's journey. Allowing others to watch his real estate journey gave him access to investors, which in turn built his real estate business from single family housing to multi family housing. Mike centered his goals around other people to consistently motivate his work ethic. This focus on others drove his discipline to work hard so that friends and family could build wealth alongside him. Mike advises always making your goals around others because it will drive you to work harder than what you would do for yourself. What we discuss:(0:00:30) - Mindset and Struggling With Disease At A Young Age(0:03:45) - Transitioning into the Real Estate Wealth Mindset(0:12:00) - Single Family Units to Multi-Family Units (0:13:00) - Sharing Your Journey for Marketing(0:19:50) - How To Maximize Profit and Minimize Taxes(0:23:20) - Future Real Estate Plans(0: 27:20) -Mindset and Growing A Team (0:31:00) - How To Get Into Real Estate - Getting Over The Nerves(0:34:30) - Book Recommendations To learn more about Mike Mannino:Facebook: https://www.facebook.com/MikeManninoII/ Website: www.rewbuilders.com Youtube: https://www.youtube.com/channel/UCsOhn677YW02knTZMx9zxLA FREE TRAINING: www.55kdeal.com
When's the last time you had a conversation about growth with someone?In this episode of The Real Estate Mindset podcast, we chat with Jay Helms about the astounding achievement of his business, breaking the 4-million mark in loans during its infancy. But it's not all smooth sailing; Jay shares a cautionary tale of deceit discovered within his property management, a sober reminder that vigilance is as crucial as ambition in the realm of real estate.We dissect the complexities of financing 'too risky' deals, shedding light on our game-changing lending solutions that dare to challenge traditional banking boundaries. The multifamily market maze is also decoded, as we emphasize the power of prudent underwriting and the indispensable currency of relationships. We delve into heart-to-heart discussions about confronting fraudulent managers, the essence of authenticity in our trade, and the tender topic of parenting. What we discuss:(00:02) - Updates on Personal and Professional Life(10:23) - Real Estate Investment Challenges and Opportunities(18:25) - Challenges With Insurance and Legal Action(22:37) - Rental Theft and Incompetent Management Discovery(35:19) - Online Projects, Licensure, and Growth Strategies(46:46) - Lessons on Motivation and Authenticity(53:46) - Parenthood and Learning to Prioritize HappinessTo learn more about Jay:Book: Text Jay for a FREE copy of his book “Make an Offer” Phone Number: 205-249-0248
Is it possible to balance a full-time job with real estate?In this episode of The Real Estate Mindset podcast, we chat with Colin Davis and Joshua Condado, two former nurses who have found a new calling in the gritty but rewarding world of property investment. Their story is a compelling narrative of transition, as they combine their healthcare-honed teamwork skills with sharp financial acumen to conquer the real estate market. Our guests also reveal how they're expanding their footprint, the role of personal relationships in bringing investors on board, and the systems they've instituted for sustainable growth. Learn from their experience as they map out the importance of defining roles within partnerships, striking the ideal work-life balance, and setting boundaries that foster both personal and professional success. What we discuss:(00:02) - Partnership in Real Estate Investment(13:18) - Creative Financing and Real Estate Risk(21:59) - Investing in Mobile Home Parks(26:42) - Mobile Home Parks and Podcasting Expansion(34:57) - Building Systems and Personal Success(46:43) - Equity and DebtTo learn more about Colin and Joshua:Website: https://www.alldayinvestments.co/Instagram: https://www.instagram.com/thelifestylecrna/ and https://www.instagram.com/colinfrompdr/Podcast: https://podcasts.apple.com/us/podcast/investing-rn/id1708820905?ign-itscg=30200&ign-itsct=lt_p
What if mobile homes may be the solution to affordable homeownership?In this episode of The Real Estate Mindset podcast, we chat with Franco Perez about how he's revolutionizing the mobile home industry in Silicon Valley. Franco's personal tale intertwines with his professional mission, revealing a transformative business model that's redefining luxury and accessibility in mobile living. Through his brokerage service and development strategies, Franco isn't just selling homes; he's crafting communities and empowering individuals to step off the rental treadmill.Franco sheds light on the practical benefits of mobile homes, from appreciating assets to tax perks, challenging the stigma that has long overshadowed this housing option. His dedication is not just to business but to advocacy, pushing for the rights of middle-class and low-income families, and reshaping public opinion through education and experience. This conversation is an eye-opener for anyone who's ever felt the dream of owning a home is out of reach.What we discuss:(00:02) - From Adversity to Homeownership(05:37) - Chattel Loans and Affordable Homeownership(19:18) - Mentoring and Seeking Knowledge Online(23:01) - Definition of Success and Overcoming Challenges(33:26) - Showcasing Making Money and Helping PeopleTo learn more about Franco:Instagram: https://www.instagram.com/sexymobilehomes/?hl=en YouTube: https://www.youtube.com/watch?v=mcBrl9h24ho&feature=youtu.be
What are you putting on your calendar?In this episode of The Real Estate Mindset podcast, we chat with Alec DiLorenzo on the profound impact of introspection, the layers of identity, and the courage required to pursue one's true passion. Embark with us through Alec's natural evolution into coaching as he shares his bold decision to change careers and relocate across Iowa, fully committing to his calling. This episode challenges the stigma surrounding life coaching, celebrating Alec's dedication to the empowerment of others. We also chat about intentional living and the liberating power of time-blocking to achieve personal and professional aspirations. The episode highlights the paradox that structure can bring freedom, encouraging us to enjoy the process toward our ideal day. What we discuss:(00:02) - Discovering Passion and Coaching Journey(08:02) - New Career, New City(11:22) - Transformation and Self-Reflection(21:46) - Living a Life True to Yourself(26:13) - Changing Lives Through Action and Books(33:18) - Achieving Success Through Intentionality and Design(39:38) - Time Blocking for Freedom and Power(46:04) - Alec's Passion and Powerful Life DesignTo learn more about Alec:Linkedin: https://www.linkedin.com/in/alec-dilorenzo-mba-chpc-25aa5869 Facebook: https://www.facebook.com/AlecDiLo/
Are you looking to create passive income streams while in active duty?In this episode of The Real Estate Mindset podcast, we chat with Tim Kelly, a Navy veteran whose journey from active duty to property mogul is nothing short of remarkable. In an episode that navigates through Tim's inspiring story, we delve into his wealth-building strategies, starting with his first live-in flip and house hack, evolving into commercial and multifamily property investments. As a pivotal figure of Active Duty Passive Income, Tim not only reshapes his own financial destiny but also lights the way for fellow military members seeking financial freedom through real estate.Tim shares his playbook for successful investing and coaching within the real estate arena, even in the face of rising interest rates. The depth of knowledge shared by this real estate virtuoso extends beyond personal growth, delving into the heart of building enduring relationships and leaving a legacy that transcends material wealth. What we discuss:(00:02) - Veteran's Real Estate Investing Journey(07:22) - Military Real Estate Investing and Freedom(22:30) - Coaching and Recommended Books for SuccessTo learn more about Tim:Website: https://thetimothykelly.com/Instagram: https://www.instagram.com/thetimothykelly/Facebook: https://www.facebook.com/thetimothykelly
How much time do you invest in personal development?In this episode of The Real Estate Mindset podcast, we chat with Jake Porter about his journey from being a pastor guiding his flock in Houston to the founder of Daring Ventures, where he now aids individuals grappling with addiction and trauma. This episode offers an intimate look at the emotional undercurrents that drive our reactions and behaviors. We uncover the complex roots of emotional triggers and discuss the intricate web of self-talk and belief systems. We also delve into family dynamics, how they shape our approach to addiction, and the strategies we can employ as parents to foster an environment of love and boundaries, drawing wisdom from thought leaders like Brené Brown.Jake reminds us that personal development is the bedrock of not only business success but also fulfilling relationships. This episode is a tapestry of insights, from the significance of mindset shifts in couple's therapy to the delicate art of instilling honesty and moderation in our children—lessons that promise to resonate long after you've listened.What we discuss:(00:02) - Pastor to Addiction Counselor Transition(07:35) - Life's Lessons From Personal and Professional Challenges(15:24) - Understanding Emotional Triggers and Addictive Behaviors(29:07) - Family Systems, Addiction, and Parenting(34:02) - Understanding Addiction and Parenting(48:33) - Rebuilding Trust in Relationships With Polygraph(01:00:33) - Powerful Episode on Mindset and RelationshipsTo learn more about Jake:Website: drjakeporter.com
Are you taking care of your mental health?In this episode of The Real Estate Mindset podcast, we chat with Alan Underwood, an entrepreneur who transformed his career from managing a fast-food joint to creating a multi-million dollar pizza empire and beyond. His tale is a rich tapestry of ambition, heartache, and resilience, charting a path through the unpredictable business terrain to personal revelations that redefine success. Alan explains the untapped potential of Accessory Dwelling Units (ADUs) in San Diego's vibrant market. He demystifies the intricacies of capital raising, the strategic patience required in real estate, and shares invaluable advice from influential books that have impacted his entrepreneurial mindset. Alan's story culminates in a message of generosity, revealing how his commitment to helping others has become a cornerstone of his life philosophy, beyond any material achievement. What we discuss: (00:02) - Entrepreneurial Journey to Successful Car Dealerships(07:56) - Triumph and Tragedy in Entrepreneurship(15:33) - Investing in San Diego ADU Development(24:22) - Learning Capital Raising and Project Management(28:31) - Healing Journey and Personal Growth(34:47) - Overcoming Grief and Finding Emotional Growth(48:36) - Generosity and Helping OthersTo learn more about Alan:Website: https://angelflightwest.org/ and www.mmtmgrp.com
What happens when you lose everything?In this episode of The Real Estate Mindset podcast, we chat with Joel Friedland about property acquisition, syndication, and the art of building equity for long-term wealth. By delving into the concept of real estate syndication, we highlight the key roles of low debt and high equity in successful investments. From understanding how to maintain a low loan-to-value ratio to navigating the shifting landscape of securities laws around syndication advertising, we cover it all in this episode. Lastly, we also talk about the power of relationships and the importance of asking the right questions. What we discuss: (00:03) - Real Estate Career and Property Acquisitions(12:34) - Debt, Equity, and Real Estate Syndication(21:40) - Real Estate Due Diligence Importance(32:37) - Building Trust in Real Estate Investing(45:03) - Clear Expectations and Great Real EstateTo learn more about Joel:Website: https://britproperties.com/
Are laundromats still a profitable passive business to invest in?In this episode of The Real Estate Mindset podcast, we chat with Jordan Berry about the practicalities of investing in laundromats as a route to substantial cash flow. This episode highlights how an overlooked sector like laundromat ownership can be a genuine game-changer for anyone venturing into the real estate market. Jordan discusses maintaining accurate financial records, ensuring smooth business purchases, and the immense benefits that come with owning a laundromat.We also discuss the future of the laundry industry and the potential of laundromats to serve as community catalysts. Lastly, we venture into the importance of mindset shifts within the industry and debunking the scarcity mindset myth with the power of abundance. What we discuss: (06:09) - Buying a Laundromat(10:43) - Overcoming Challenges in Business Ownership(21:22) - Freedom and Growth in Business(27:37) - Investing in Laundromats for Cash Flow(41:53) - Future of Laundry Industry(45:41) - Transforming Communities Through Laundromat Businesses(55:57) - Abundance Mindset and Resource SharingTo learn more about Jordan:Website: https://www.laundromatresource.com/YouTube: https://www.youtube.com/@LaundromatResource
Are you using a self-directed IRA to grow your investment portfolio?In this episode of The Real Estate Mindset podcast, we chat with Dana Udumulla about retirement planning. We emphasize the importance of diversification and highlight the potential penalties of early withdrawal. We guide you through the variety of reinvestment options available with the profits from your alternative investments. The potential for higher returns and the increasing interest in self-directed IRAs among clients underscores the importance of this discussion. We also chat about customer service and the expansive world of investment options in self-directed IRAs, with unique alternatives like real estate and cryptocurrency on the table. What we discuss: (00:02) - Investing in Alternative Assets(11:52) - Retirement Planning With Diversification and Tax Advantages(18:36) - Exploring Self-Directed IRAs and Alternative Investments(27:54) - Customer Service and Investment OptionsTo learn more about Dana:Website: madisontrust.com
What are the cons of retail leasing?In this episode of The Real Estate Mindset podcast, I chat with Tony Johnson about commercial non-residential real estate. As a seasoned commercial general contractor and savvy investor, Tony peels back the layers of non-residential property investments, charting a course through the challenges of the entitlement process and zoning intricacies. Tony shares the potential pitfalls of retail leasing, the perils of businesses with high failure rates, and the intricacies of location-focused traffic patterns. Moreover, Tony unveils his prowess in the realm of industrial flex buildings, extolling the virtues of these cash flow-friendly, versatile properties. We also dig into insights that transcend real estate, exploring personal development, business growth, and the transformative power of goal setting.Stepping away from figures and floor plans, we steer the conversation towards longevity goals and the psychology of success. What we discuss:(00:02) - Commercial Real Estate Investing and Development(06:52) - Negatives and Challenges of Retail Leasing(12:39) - Industrial Flex Buildings and Cash Flow(17:32) - Business Owners and Traction Importance(23:51) - Setting Longevity Goals and Defining Success(27:25) - Focus on Wins, Learn From Losses(33:55) - Insights on Life and Goal SettingTo learn more about Tony:Website: https://timelesspropertiescc.com/Instagram: https://www.instagram.com/timelesspropertiescc/
How can one maximize occupancy rate in their rental properties?In this episode of The Real Estate Mindset podcast, we tackle the tricky terrain of property underwriting and asset management challenges with Mike Tarvella. He doesn't just share the troubles you might face, he provides creative strategies to overcome them. From implementing a non-refundable move-in fee to setting up a surety bond to cover damages and delinquencies, Mike is a wellspring of knowledge. Mike also shares his experience as an asset manager in Tahoe, where he battled various challenges but remained resilient and determined. He offers up valuable advice on real estate consulting and optimizing investments, utilizing his CPA background to identify stories behind the numbers. Mike's experiences provide a treasure trove of tips for anyone interested in multifamily ownership and asset management. What we discuss:(05:15 - 06:00) Transitioning to GP, Building Income Slowly (13:28 - 14:59) Rates, Insurance, Leasing, and Expansion (18:04 - 18:56) Fixing Property Management Issues (21:27 - 22:51) Creative Strategies for Increasing Occupancy (25:33 - 26:16) Determining Cost-Effective Property Upgrades (29:15 - 30:17) Optimizing and Supporting Distressed Groups (33:54 - 34:47) Discussing Reports and Data ManagementTo learn more about Mike:Website: https://www.miketaravella.com/
Do you own your mistakes or are you ashamed of them?In this episode of The Real Estate Mindset Podcast, I chat with Harvey Yergin about his transition from stay-at-home dad to the world of real estate investing. He did this transition with nothing but a leap of faith and a few thousand dollars for a down payment on a $30,000 house. Harvey's tale of transformation continues as he turns the tables, moving from buying houses to wearing the wholesaler's hat himself. In our chat, Harvey underscores the power of mentorship and self-reflection in personal growth. He discloses how his brush with death impacted his view of life and emphasizes the alignment of resources with personal values. Harvey's narrative is an affirmation of the transformative power of trying new things - a testament to his evolution, both personally and professionally. What we discuss:(00:02) - Transitions and Life Experiences(15:06) - Starting Real Estate Career as Stay-at-Home Dad(21:44) - Transitioning Careers(35:55) - The Power of Coaching and Self-Reflection(42:13) - Learning From Mistakes and Defining Success(50:53) - The Power of Trying Something NewTo learn more about Harvey:Website: https://www.eosworldwide.comInstagram: https://www.instagram.com/entrepreneurialoperatingsystem/
Ever wondered how a shift in perspective could redefine your career path? In this episode of The Real Estate Mindset podcast, we chat with Mike O'Connor about the details of his evolving career, his self-discovery, and the profound realization that helped him switch gears. Mike's story teaches us that more often than not, it's not our jobs that are the problem, it's our perception and reaction to them.Mike also discusses his experience with business investment. He stresses on the importance of understanding market rates, the employees, and the business itself before investing. He shares his lessons from underwriting and his take on how brokers can manipulate numbers. Lastly, Mike shares his recommendations for books that provide actionable steps for success. What we discuss: (00:02) - Corporate Career to Real Estate Journey(05:00) - Real Estate Investing(12:10) - Outsourcing for Business Growth(20:42) - Real Estate Investing and Market Evaluation(28:53) - Analyzing Business Success and Lessons Learned(38:07) - Manipulating Numbers and Lessons Learned(44:19) - Lessons Learned and Definition of SuccessTo learn more about Mike:Website: https://nexuspt.io/
How does one start saving money for real estate investments?In this episode of The Real Estate Mindset podcast, our guest Rylee Knox, we follow his fascinating journey from working for the Department of Defense to a successful career in real estate. Riley shares his wake-up call that led him to reevaluate his life and pursue his passion in real estate. Listen as he reveals how he and his wife started with just two rental properties, used their incomes and built relationships with local banks to create a real estate empire that now consists of 70 units. We also discuss the advantages and misconceptions surrounding the wholesaling business model, and how creating win-win solutions can be a powerful approach in real estate. Finally, Riley shares his views on wealth building and education. He emphasizes the importance of understanding oneself and one's goals, and challenges the notion that college is the only path to success. His experiences reveal the power of discipline, time management skills, and not being afraid to ask for what you want. Moreover, he speaks on the importance of prioritizing family and making financial decisions that align with one's values. What we discuss:00:02) - Riley Knox's Journey Into Real Estate(09:10) - Miscarriage, Faith, and Transition to Real Estate(16:09) - Real Estate Investments and Win-Win Solutions(29:47) - Wholesaling and Win-Win Business Solutions(38:27) - Building Wealth and College Education(48:49) - Prioritizing Family and Creating a Valuable LifeTo learn more about Rylee:Website: https://www.ryleeknox.com/Instagram: https://www.instagram.com/ryleeinvests/
Are you paying your people what they are worth?In this episode of The Real Estate Mindset podcast, our guest Luke Henry shares his journey of how he eventually led him to leave his job as a pharmacist and fully embrace his entrepreneurial spirit with his wife. Together, they embarked on a bold project: buying eight buildings in one block in their hometown, aiming to bring their vision of 'Main Street, Reimagined' to life.Throughout the journey, Luke found wisdom and guidance in books, and he shares some of the key lessons that steered his path. The classic 'How to Win Friends and Influence People' has been instrumental in helping him foster fruitful relationships, while 'Who, Not How' and 'The Compound Effect' have shaped his approach to business. He also shares his experiences of learning from mistakes and the importance of paying people what they're worth. In the end, for Luke, it's not just about success, but significance—earning respect from those who know him best. Plus, he shares about the power of reaching out to connect with great people. What we discuss:(0:00:03) - Real Estate Development and Community Revitalization(0:08:59) - Revitalizing Old Buildings(0:21:29) - Lessons From Books and Mistakes(0:24:55) - Learning From Mistakes and Defining SuccessTo learn more about Luke:Website: https://henrydevelopmentgroup.com/
Growing up, there was never a clear answer to the question, "What do you want to be when you grow up?" For some, it's a clear path, but for our guest, Sam, his path took many detours. Homeschooled for most of his life, Sam never imagined that he would go from owning a chain of martial arts schools to becoming a full-time real estate investor. This episode follows Sam's unique journey as he navigates the unconventional paths life has thrown his way. Unpacked in this conversation is the fascinating concept of co-living, an innovative real estate strategy that not only promises a solid return on investment but also fosters community living. We dissect every aspect of this model, from the appeal, the construction needs, rental prices, all the way to the legalities involved. Sam's hands-on experience of transforming a home into a thriving co-living space makes for a fascinating case study, giving you real-world insights into this concept. Finally, we delve into some thought-provoking discussions - the pros and cons of homeschooling, the power of cost segregation in real estate investments, and the key to mastering anything you set your mind to. We also explore the concept of success, and how it's a unique journey for each one of us. Join us for an insightful conversation with Sam as we explore these intriguing themes. Don't miss out!What we discuss:(0:00:03) - From Owner to Real Estate Investor(0:06:27) - Exploring the Concept of Co-Living(0:12:59) - Homeschooling and Real Estate Investing(0:17:20) - The Concept of Co-Living Rentals(0:26:15) - Legal Workarounds for Co-Living Homes(0:30:38) - Real Estate Tax Strategies and Depreciation(0:42:46) - 'Less Is More(0:49:39) - Co-Living Real Estate and Achieving SuccessTo learn more about Sam:Website: https://samwegert.com/Instagram: https://www.instagram.com/samwegert/
Have you ever wondered if it's possible to balance the thrill of globe-trotting and the responsibilities of running a thriving business? Let me introduce you to Kurt, a maverick real estate investor who found a way to do just that. Kurt spills the beans on his journey - from selling his spray foam insulation business to fueling his real estate dreams. He sheds light on the nuances of real estate investment and underscores the vitality of patience in this field. Reflecting upon his diverse portfolio, from long-term rentals and syndication investments in New Orleans to Airbnb's in Florida and Colorado, he emphasizes the importance of strategic investment and its role in attaining financial freedom.Life after retirement can be a daunting period for many, filled with a sense of aimlessness and depression. Kurt and his wife, however, turned this phase into an exciting adventure. They ventured out to explore the world, with Kurt simultaneously setting up a successful business model. The potential pitfalls of retirement, particularly among men, and the importance of finding purpose and drive even post-retirement, form a riveting part of this discussion. Finally, we delve into Kurt's unique perspective on success and growth. For Kurt, success is all about freedom - the freedom to do what he wants, when he wants, and a family that loves him unconditionally. He emphasizes the significance of a growth mindset, the power of reinvesting profits into cash-flowing assets, and the importance of focusing on long-term goals rather than momentary, flashy enticements. His narrative is a compelling testament to the power of perseverance, strategic investments, and living life on one's own terms.What we discuss:00:24: About Kurt05:23: How is Kurt's AirBnb line of business going?15:20: What books does Kurt recommend?22:40: What is Kurt's experience with coaching and mentorship?24:22: What mindset tip would Kurt like to share?27:33: What is Kurt's definition of success?28:51: Why does Kurt think he is successful?To learn more about Kurt:Instagram: https://www.instagram.com/kurtbuc/?hl=en
Do you tend to adopt a scarcity mindset when it comes to business?In this episode of The Real Estate Mindset Podcast, we chat with Justin Campbell about his compelling journey, marked by faith, resilience and a passion for risk-taking. From flipping his first house to establishing a successful property management business, Justin's story is a powerful testament to the beauty of trusting God's plan, even when it leads us into uncharted territories.Transitioning from vocational ministry to real estate wasn't an easy move for Justin. However, his faith and a belief in abundance rather than scarcity guided him through the challenges. The power of mentorship and self-learning played a massive role in Justin's journey. From gleaning insights from reading biographies of successful people to finding guidance from his mentor, Justin knows the value of learning from others. However, he also emphasizes the role of putting in the work and turning failures into opportunities. What we discuss:(0:00:03) - From Pastor to Real Estate(0:06:45) - Church Leadership to Real Estate Transition(0:16:29) - Property Management and Flipping Future Plans(0:19:49) - Biographies and the Value of Mentorship(0:31:36) - Appreciating an Outstanding and Inspirational GuestTo learn more about Justin:Email: justin@reddoorhome.orgInstagram: @red.door.properties
In this episode of The Real Estate Mindset podcast, join us for an invigorating conversation with Clay Spiekman, a successful entrepreneur who decided to push his boundaries beyond the comfort zone. Clay's story is a masterclass in embracing discomfort, as he transitioned from being a successful entrepreneur to challenging himself with Spartan racing, kickboxing and endurance events. This transformative journey unravelled a new layer of personal strength and grit that is as inspiring as it is motivating.From his life story, we move to Clay's latest passion project: the Epic Grit Club, a fusion of business and personal growth. The club aims to unlock the most potent version of its members by combining professional success with personal grit. Clay's personal journey of balancing his entrepreneurial journey with his passion for Spartan racing and other challenging activities makes him the perfect torchbearer for this initiative. Our conversation with Clay also sheds light on the importance of coaching, mentoring and accountability in achieving your goals. We explore the role of accountability groups and the value of having personal mentors. Clay shares his insights about having a mentor, and how it impacts one's life. He also offers a peek into his current reads, offering you a glimpse into the books that inspire him and mould his perspective. What we discuss:(0:00:02) - The power of grit and embracing discomfort(0:13:55) - About The Epic Grit Club(0:27:40) - Is there any value in coaching + Clay's book recommendations (0:32:14) - Are accountability groups helpful?To learn more about Clay:Linkedin: https://www.linkedin.com/in/clayspeakman
You know how we're always told that hard work and commitment pay off? In this episode of The Real Estate Mindset podcast, I chat with Devin Elder, a multi-job hustler who transformed his life through entrepreneurship and became the owner of a quarter-billion-dollar real estate empire. Devin's story is not only about financial success, but also about personal growth, reinventing oneself, and finding happiness. He moved from being a multi-job worker to a successful entrepreneur, from striving for financial freedom to seeking fulfillment and joy in helping others. He talks about the importance of finding a mentor, investing in oneself, and aligning one's identity with their goals. He also highlights the power of setting a compelling future to stay motivated, even when the going gets tough.But it doesn't stop here. Kenny also shares insightful discussions on creating a positive environment for investors and employees, raising capital, and how referrals can be the best lead source for any business. Tune in as we explore all of these fascinating themes and learn from Kenny's experiences and wisdom. What we discuss:(0:00:01) - Entrepreneurship Journey and Real Estate Success(0:08:40) - Work Ethic, Family, Going All In(0:16:47) - The Pursuit of Happiness and Identity(0:22:34) - Adapting to Success and Creating Value(0:32:06) - Positive Investor & Employee Experience Creation(0:40:23) - Value of Mentorship and Education Payment(0:46:31) - Reaching Out and Sharing InformationTo learn more about Devin:Website: https://djetexas.com/
How much confidence is too much?In this episode of The Real Estate Mindset podcast, I chat with Matt Cavanaugh about the importance of moving forward with confidence in business. However, it's also important to stay humble and realize while you may know a lot, there's always more you can learn and someone else can teach you it.We also chat about what Matt's definition of success is. While for many people it may be freedom or the ability to do what they want with their time, Matt believes true success is when you have built a life where you don't feel the need to run away from.What we discuss:00:49: About Matt02:51: Was it hard to leave his profession?04:35: How did Matt start his business?12:02: How did Matt's faith help him in business?15:37: Is the podcast making Matt happier?17:38: What is Matt's podcast about?20:27: How can you monetize a podcast early?22:57: What is Matt's current offer for people?25:19: What books does Matt recommend?31:41: What is Matt's experience with coaching and mentorship?35:07: What is Matt's best mindset tip?38:49: What is Matt's definition of success?42:21: Why does Matt believe he is successful?49:45: Where to learn more about Matt?To learn more about Matt:Podcast: https://podcasts.apple.com/us/podcast/the-freedom-chasers-podcast/id1650209528To learn more about us:Website: https://www.wildoakcapital.com/Instagram: https://www.instagram.com/wildoakcapital/Course: https://www.ericnelsoncoaching.com/
Is real estate the only method to cut back on your tax owing?In this episode of The Real Estate Mindset podcast, I chat with Brady Slack about the many tax advantages which exist when you invest in real estate. From depreciation to successions, there are plenty of opportunities in real estate to build your wealth and pass it on to the next generation without having to give as much to Uncle Sam.We also chat about the different investment opportunities which allow you to save on taxes. What we fail to realize is we are all partners with the government - the more active of a partner we are, the more tax savings we can obtain. What we discuss:00:51: About Brady03:21: What are the best type of properties to buy?05:49: How does real estate help with taxes?21:29: What does a deferment look like for a seller?25:55: What books does Brady recommend?27:10: What other assets out of real estate are good investments?29:00: What is Brady's morning routine?30:59: What is Brady's definition of success?33:14: Why does Brady think he is successful?To learn more about Brady:Podcast: https://podcasts.apple.com/us/podcast/slackin-off/id1671900777 Instagram: https://www.instagram.com/thebradyslack/
How do you feel about investing in mentorship?In this episode of The Real Estate Mindset podcast, we chat about Scott Jacobson and the moments when he had to shift his mindset to make it in real estate. He talks about the different ways he had to change his thinking as he is a CPA by trade, as well as how these shifts allowed him to progress in building his portfolio.We also chat about Scott's morning routine, his favorite book, and why he believes he is successful.What we discuss:00:34: About Scott04:53: Which markets are Scott investing in right now?08:42: What are Scott's target markets right now?13:25: What books does Scott recommend?15:58: What does Scott think of mentorship and coaching?18:27: What is Scott's definition of success?21:59: Why does Scott think he is successful?24:41: Where can we learn more about Scott?What we discuss:00:34: About Scott04:53: Which markets is Scott investing in right now?08:42: What are Scott's target markets right now?13:25: What books does Scott recommend?15:58: What does Scott think of mentorship and coaching?18:27: What is Scott's definition of success?21:59: Why does Scott think he is succesful?24:41: Where can we learn more about Scott?To learn more about Scott:Website: https://www.onward-equity.com/ To learn more about us:Website: https://www.wildoakcapital.com/Instagram: https://www.instagram.com/wildoakcapital/Course: https://www.ericnelsoncoaching.com/
What does it take to make the transition from working in tech to investing in real estate?In this episode of The Real Estate Mindset podcast, our co-host John Weaver chats with Johnny Wolff about how he got started in real estate when working in tech. He explains how he invested in real estate as a strategy to eventually be able to afford his own residence when the prices of real estate felt out of reach when depending exclusively on his salary. Johnny also discusses how he started his own tech company, what his morning routine is like, and why he thinks paying the big bucks for mentorship and coaching is not necessary.What we discuss:00:39: About Johnny02:13: How does it work to buy with Homeroom?05:50: Why did Johnny get into real estate?12:08: Is there any value in investing out of your home market?18:44: How do you vet property managers?22:10: What advice does Johnny have for those starting a business?25:18: What kind of routines does Johnny have?27:10: What books does Johnny recommend?28:30: What is Johnny's experience with mentorship and coaching?To learn more about Johnny:Website: https://johnnywolff.com/Business: https://livehomeroom.com/
Are you limiting your potential by staying in your comfort zone?In this episode of The Real Estate Mindset podcast, I chat with Rick Warner about the emotional working edge. This is an invisible ceiling that we all have which keeps us in our comfort zone. However, if you really want to be successful, then you must go beyond this point.Rick also explains how important it is to put in the actual work. Many of us invest in coaches and mentors thinking that's the only action they have to take to be successful. Plus, we learn about Rick's morning routine, book recommendations, and his definition of success.What we discuss:00:55: About Rick04:43: How did Rick pick himself up after failing?18:54: What is Rick up to lately?24:22: What books does Rick recommend?34:11: Does Rick recommend investing in mentorship?38:23: What is Rick's morning routine?44:42: What is Rick's definition of success?To learn more about Rick:Website: https://www.flocademy.com/Instagram: https://www.instagram.com/flocademy/To learn more about us:Website: https://www.wildoakcapital.com/Instagram: https://www.instagram.com/wildoakcapital/Course: https://www.ericnelsoncoaching.com/
Are you looking for alternative ways to acquire property?In this episode of The Real Estate Mindset podcast, we chat with Zachary Beach about the different ways you can build your wealth with real estate without resorting to the traditional banking system. Zachary explains how you can add creative financing to your tool belt and use it to acquire more wealth in the next 10 to 20 years than you could through a traditional mortgage or financing options.Zachary also shares what books he recommends, what his morning routine is like, and why he believes he is successful.What we discuss:00:28: About Zachary07:12: What is Zachary's strategy for coaching?10:18: Where does Zachary buy real estate now?12:09: How does a standard deal look like?17:27: How does the financing of deals usually work?30:25: What does Zachary's morning routine look like?32:45: What books does Zachary recommend?34:47: What is Zachary's experience with coaching?38:55: What is Zachary's definition of success?43:16: Why does Zachary think he is successful?To learn more about Zachary:Website: https://wickedsmartbooks.com/realestatemindset/Instagram: https://www.instagram.com/smartrealestatecoach/To learn more about us:Website: https://www.wildoakcapital.com/Instagram: https://www.instagram.com/wildoakcapital/Course: https://www.ericnelsoncoaching.com/
What does it take to make it in real estate?In this episode of The Real Estate Mindset podcast, I chat with Kyle Root about the discipline and focus it takes to build your real estate portfolio from the ground up. Most of the time, we fail to realize that the number one thing that is in the way of our success is that our attention is being spread out between different projects. When you decide to focus one one thing and keep up with the discipline, that's when you actually make the most progress.Kyle also shares his morning routine, his definition of success, and why he believes he is successful. What we discuss:00:26: About Kyle05:44: What was Kyle's job before going full-time into real estate?07:02: How do you get people to loan you money?12:57: What is Kyle's portfolio like?26:53: What is Kyle's morning routine?32:17: What is Kyle's definition of success?34:50: Why does Kyle believe he is successful?To learn more about KyleInstagram: https://www.instagram.com/kj_root/ Website: https://kylejroot.com/
Did you know that after college may be one of the best times to start investing in real estate?In this episode of The Real Estate Mindset podcast, I chat with Nate Smith about how he got started in the real estate game straight after college. While it may be tempting to start spending money on whatever cool things we desire with the money we earn in our first job, there is an opportunity in this point of time that many young people fail to grasp. See, at this stage in life, there's no better time than to save money and heavily invest in real estate given that the responsibilities you have are low.Nate also shares what books he recommends, his experience with coaching and mentorship, and why he thinks he is successful. What we discuss:00:21: About Nate01:58: How did Nate save up to buy so many properties at such a young age?06:03: Where is Nate at now? 08:11: How many doors does Nate think is a sweet spot?09:23: What kind of real estate is Nate buying these days?23:50: What books does Nate recommend?28:30: What is Nate's experience with coaching and mentorship?29:46: What is Nate's definition of success?33:36: Why does Nate think he is successful?36:50: What is Nate's morning routine?To learn more about Nate:Instagram: https://www.instagram.com/dr_nate_realestate/To learn more about us:Website: https://www.wildoakcapital.com/Instagram: https://www.instagram.com/wildoakcapital/Course: https://www.ericnelsoncoaching.com/