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Latest Episodes:

E309: Example of Failure - Steven Pesavento May 08, 2022

Show notes

In this episode, Steven explains one of the failures that he has experienced in his investment career and the lessons that he has learned from it. Sometimes the simplest oversight can lead to costly results.

Key Takeaways

Ignoring and not taking quick enough action may lead to a huge failure.
Being operationally tight is important, make sure that nothing's getting left behind. Don't get sucked into something because it seems super good.
Be quick to recognize what was happening in the market.

Resources Mentioned

Are you looking for High-Performance Business & Mindset Coaching? Schedule a call now and see how we can be of service to you. http://www.investormindset.com/discover

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E308: Invest in Assets - Steven Pesavento May 02, 2022

Show notes

Whenever we think of investing in assets, we think real estate such as multifamily, single-family, storage, etc. But that is not the focus of today’s conversation. Listen as Steven highlights the other assets that you need to invest in, in order to take your business to the next level.

Key Takeaways

Create a brand that people can get to know, like, and trust.
Build an audience in your channels, whether it is through email, social media, direct mail, phone, or even a podcast.
A list is an extremely valuable asset and you want to be building it, even if you're not planning on raising capital.
Build relationships and leverage other people's marketing and access to your mutual advantage.
Focus on doing that one thing really well and then understand the value you can bring to your partners.

Resources Mentioned

Are you looking for High-Performance Business & Mindset Coaching? Schedule a call now and see how we can be of service to you. http://www.investormindset.com/discover

Join InvestorMindset.com for more!

E307: The 5 Benefits of Investing in Real Estate - Steven Pesavento Apr 25, 2022

Show notes

Real Estate has five fundamental benefits that make this asset class stand out from the rest. Each benefit on its own is powerful, yet together they make real estate the smartest and most reliable investment you can make.

Key Takeaways

The first benefit is cash flow - The more cash flow you build up, the more you can achieve financial freedom
The second benefit is the ability to use leverage, it's one of the biggest values of being an investor in Real Estate. If you are experts in your market, you're going to know what's going on in these different neighborhoods. You’ll have the ability to be an inside trader
The third benefit is equity growth - this occurs every single month that your tenant pays your mortgage, and you're paying down that principal
The fourth benefit is appreciation - There's never been a time where there's no appreciation in Denver Real Estate over the long term
The fifth is tax benefits - In real estate, you're leaving one of the biggest benefits on the table
Wealth is having a net worth on paper, it's in the assets you hold
As real estate professionals, you should never be in a position to pay taxes no matter how much money you make, as long as you invest enough and buy enough assets

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E306: Cash Flow Investing - Kevin Bupp Apr 18, 2022

Show notes

With his upcoming new book release, Kevin Bupp is back on the Investor Mindset. Have you been wondering what a Cash Flow Investor is? Is Commercial real estate better than residential? Join the conversation as Steven and Kevin answer these questions and more as you discover the path to your financial freedom.

Key Takeaways

You can have both cash flow and forced appreciation
There's a more intelligent and smarter way than Real Estate Rehab
There are many different asset types falling into the commercial umbrella
Hire those necessary skill sets that could give you the freedom and lifestyle that you choose, it doesn't have to be a huge team
Buying $10 million worth of commercial real estate is a much easier feat than deploying $10 million of equity into single-family homes
That cash flow goes out the window incredibly quickly when you have to turn a unit or when you have to deal with a property management company, repairs, and maintenance
You can make a ton of money in every different asset class. There's no right or wrong place where you can or cannot make money. Just pick the one that is best suited for you
There are billions of dollars of institutional capital pouring in to the space and parking lots became the undiscovered and most fragmented niche at the present time
You're never going to master anything if you can't keep focused on it for a period of time. The only way that you can do that is by this repetition

Resources Mentioned

Investing to Hedge Against Inflation - Free online training at https://investormindset.com/start

About our Guest:

Kevin Bupp is a Florida-based Real Estate Investor, top Apple podcast host, and serial entrepreneur with over $250 million of real estate transactions. His extensive investment experience spans the gamut of apartment buildings, single-family portfolios, office buildings, self-storage and build-to-rent communities and his two favorites and by far the most profitable, Mobile Home Parks and Parking Lots.

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E305: Strategies to Eliminate or Defer Capital Gains Forever - Steven Pesavento Apr 11, 2022

Show notes

Looking for a way to reduce your capital gains taxes? In this episode, Steven highlights three strategies that will help you do just that. Discover how to make full use of the 1031 exchange, Deferred Sales Trust, and Bonus Depreciation approaches.

Key Takeaways

1031 exchange is a way for you to exchange any one type of real estate for another type of real estate
WIth 1031 exchange you can pay no gain and you can pay no taxes
You can defer gains and pay no taxes utilizing the Deferred Sales Trust
With Deferred Sales Trust, you only pay capital gains when you receive a payment and you can take the money and reinvest it in other opportunities, not just real estate
Bonus Depreciation allows you to take 100% of that depreciation that's normally over 27 and a half years, all at once.

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E304: Modeling Success - Multifamily Vs Single Family - Steven Pesavento Apr 04, 2022

Show notes

Ready to jump into real estate investment but are not sure what is right for you? In this episode, Steven highlights the differences between investing in multifamily and single-family real estate to help you to determine which one is right for you and your investment portfolio.

Key Takeaways

If you want to manage, be in control, and understand what it takes to own a property, then go buy a Single Family
One of the best hedges against inflation is investing in real assets
If you don't have a $100,000 or more total net worth,then syndication is not the right route for you
The passive investors usually get 60% to 80% of the profit - Most of the profit goes to the passive investor
The problem with the single family is you can never truly hire other people to be in charge of everything

Resources Mentioned

Investing to Hedge Against Inflation - Free online training at https://investormindset.com/start

Join InvestorMindset.com for more!

E303: Make Your Kids Millionaires - Loral Langemeier Mar 28, 2022

Show notes

At what age do you start bringing your kids into the conversation about how money works and develop that financial literacy? Loral Langemeier is back to discuss this and more. Within the prelaunch of her new book “Make Your Kids Millionaires”, Loral and Steven sit back down to discuss how to build your child’s relationship with money so that is a happy and healthy one.

Key Takeaways

Why giving your kids financial literacy within your home is such an important topic
How you can create generational wealth and give your kids those money lessons without giving them everything
Entrepreneurship does not need to start large like a Shark Tank pitch.
Most people are financially illiterate and as you take the steps to help your children you will improve your own financial understanding.
The steps you should take to have that Millionaire Maker Mindset

Resources Mentioned

Pre-order Loral’s latest book at https://makeyourkidsmillionaires.com/steven

About our Guest:

Loral Langemeier is a money expert, sought after speaker, entrepreneurial thought leader, and best-selling author of five books who is on a relentless mission to change the conversation about money and empower people around the world to become millionaires.

The CEO and Founder of Live Out Loud, Inc. – a multinational organization — Loral shares her best advice without hesitation or apology. What sets her apart from other wealth experts is her innate ability to hone in on the skills and talents of everyday people to inspire them to generate wealth. She has created, nurtured, and perfected a 3-5 year strategy to make millions for the “Average Jill and Joe.” To date, the company has served thousands of individuals worldwide and created hundreds of millionaires through wealth-building education keynotes, workshops, products, events, programs, and coaching services.

Loral’s straight talk electrifies audiences and inspires powerful action from live stages and television programs ranging from CNN, CNBC, The Street TV, Fox News Channel, Fox Business Channel-America’s Nightly Scoreboard, The Dr. Phil Show and The View. She is a regular guest-host on The Circle in Australia and has been featured in articles in USA Today, The Wall Street Journal, The New York Times, Forbes Magazine and was the breakout star in the film The Secret.

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E302: Modeling Success: Invest What You Earn - Steven Pesavento Mar 21, 2022

Show notes

The best place to get started in investing is modeling the behaviors of those that have achieved prior success into cash flow assets. In today’s episode, Steven takes us through the mindset you need in order to achieve investment success and the formula is easier than you think.

Key Takeaways

The formula - Take your earned income from your career, invest that into assets, then repeat that over and over again until you're financially free
The whole investor mindset is to earn money in your business and park that money into cash-flowing assets
One of the biggest problems with some high performers is they're not clear on their purpose
Get clear on what you want and why you want it. It will help you decide what path you're going
Discover the Rich & Wealthy Mindset versus Middle-Class Mindset
Having more money than time versus having more time than money

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E301: The Millionaire Maker Journey - Loral Langemeier Mar 14, 2022

Show notes

Are you trying to reach that first million but have gotten caught in the habit of making some money and then spending it? Then you are going to want to listen to this week’s episode, as Steven sits down with Millionaire Maker, Loral Langemeier. Loral discusses her journey in becoming a multi-millionaire and the impact that the right mentor can have. As an Entrepreneurial Thought Leader, Loral helps you change the make and spend habit so that you can get on your millions-making journey.

Key Takeaways

The pattern of “make it and spend it” is so prevalent worldwide
Most people have bought into the idea that debt is their first problem but it is not. The thing that you need to be focused on the most is making money.
Making money in real estate is easier than making it a specialized space.
Get focused. Chose your path, your philosophy, and find others who will support that.
Debt is the cost of making money.
If you're not looking for the assets you want to buy and THEN getting motivated to make the money to buy them, it is not going to work. It's just too slow and you're missing compounding power.

Resources Mentioned

Discover the top 5 lessons learned from high-performing real estate investors in our free E-book at http://investormindset.com/succes

Pre-order Loral’s latest book at https://makeyourkidsmillionaires.com/steven

About our Guest:

Join InvestorMindset.com for more!

E300: What is the Investor Mindset? - Steven Pesavento Mar 10, 2022

Show notes

Steven has reached a milestone that many don’t in podcasting, with this episode he is celebrating publishing 300 episodes!! With over 750,000 downloads and reaching 10s of thousands of people, Steven is very grateful for each and every one.
In this episode, Steven delves into what having an Investor Mindset is all about and how you can develop it to make the impact you want in your life as well as the lives of others.

Key Takeaways

The investor mindset is about training and introducing you to this idea of thinking like an investor.
Life is all about creating options. It's all about having the ability to do what you want, when you want, however you want.
One of the best ways to ensure your financial future is to educate yourself on your options
The core of the idea of investing is about creating a return on your investment.
The concept of the investor mindset is about putting the tools in your hand, to be able to live a better life, to live the life that you want to live.
At the core, VonFinch is built around you; around successful entrepreneurs and professionals, people who are interested in growing not only in their pocketbook through investment, but also in their minds.

Resources Mentioned

Free Online Training: Investing to Hedge Against Inflation at http://investormindset.com/start

Join InvestorMindset.com for more!

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