The Investor Mindset - Name Your Number Show [$]

Latest Episodes:

E249: How To Control Your Financial Future - Chris Miles Sep 06, 2021

Show notes

Chris Miles teaches entrepreneurs and professionals how to get their money working for them. Join Steven and Chris as they discuss the ineffectiveness of mainstream investing, building the financial team to help you succeed, and understanding tax benefits in order to achieve the financial freedom you have been looking for. Remember that people are not becoming financially free doing the norm. You've got to do something different if you want to create that new path.

Key Takeaways

Understand the return profile you're experiencing and how you could better allocate it so it could create a better return
Lenders don't get the tax benefits owners do when you participate in equity versus debt The Equity Partners get more tax advantages
Read the right corporate structures to protect you because you’re not just making money, you want to protect what you keep and then make money on top of it
If you want to be financially independent, reject all the mainstream investing practices. That has been proven not to work.

Resources Mentioned

Interested in connecting with other like-minded individuals? Then join our VonFinch Private Capital Network. Learn more at www.vonfinch.com/invest.

About our Guest:

"As founder of Money Ripples, host of The Chris Miles Money Show, and co-author of the book Entrepreneur on Fire, Chris Miles is a leading authority on quickly creating wealth by increasing monthly cash flow and creating passive income. He has shown hundreds of thousands internationally how to free up or generate tens of thousands of dollars each year! Chris has been featured in US News, CNN Money, and Bankrate.com and has a reputation for getting his clients fast, proven results. Many of his clients have the option to retire in less than 5-10 years, and Chris himself was able to retire twice by age 39! Chris’s passion is helping entrepreneurs, and high-income employees become financially prosperous by finding and fixing their money leaks and creating passive income.

Chris and his family live in Utah, but enjoy escaping to warmer weather during the winter months. In addition to helping his clients increase their cash flow, Chris is a talented ballroom dancer, choreographed ballroom dance routines for Utah Valley University, and got 5th place in his third grade spelling bee."

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E248: Don’t Hold Back… Go All In! - Steven Pesavento Sep 02, 2021

Show notes

Too often we hold back. We keep parts of ourselves tucked away and move forward in life with caution. But in life you have the choice to be yourself, to go all in, or to hold back and not be your authentic self. In this episode, Steven talks about changing your mindset. In order to have success in life, you need to go all-in and bring 100% of yourself to the things that you value in life.

Key Takeaways:

Overcome the challenges, difficulties, and resistance while pursuing a great and amazing life
Always see challenges as an opportunity to grow
Acknowledge that there's going to be challenges and everything won't go exactly as you planned
Even when things didn't work out exactly as expected, they will end up working out much better in the long run

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. www.investormindset.com/discover

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E247: Creating a Diversified Approach to Success - Ryan McKenna Aug 30, 2021

Show notes

For Ryan McKenna, success is being able to choose what you want, when you want it, and do whatever you want. Join Steven and Ryan as they discuss Ryan’s journey into the syndicated real estate space, the importance of aligned goals, and the key to a stronger position is a diversified approach to investing. Remember to make sure the deal and the business plan align with your goals and objectives.

Key Takeaways

Enjoy the wealth-building journey while keeping your perspective and life in balance
In order to be successful, you need to invest with the right people, in the right opportunities, and understand the deal structures
The most important part to get right is the people behind those numbers, the people behind the deals
Understand that syndicated real estate is a liquid investment, things may take longer than you expected

Resources Mentioned

Interested in connecting with other like-minded individuals? Then join our VonFinch Private Capital Network. Learn more at www.vonfinch.com/invest.

Want to learn more about our opportunities and whether they are right for you? Join us at our next Passive Investment Opportunity Webinar. Learn more at www.vonfinch.com/mesa

About our Guest:

Ryan McKenna is the Founder of McKenna Capital, a real estate private equity firm that provides passive investment opportunities in institutional-quality, recession-resilient, real estate. Focusing on value-add multifamily, self-storage, and manufactured home parks, McKenna Capital has helped investors allocate capital across 10,000 + units with a combined asset value of over $1 billion. Ryan has partnered with some of the most experienced and well-respected operating partners across the United States and oversees all acquisitions, capital raising efforts, investor relations, and asset management for his firm.

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E246: Aligned Interest - Steve Pesavento Aug 26, 2021

Show notes

As an investor when you are looking for a sponsor or operator, it is important to ensure that you have an aligned interest. What does that mean? In this episode, Steven delves into what aligned interest is and its importance when making an investment.

Key Takeaways:

Why aligned interest is important and how to create it between you and your sponsor
Waterfall, distribution structure, and split structure allow you and the sponsor to have aligned interests
Acquisition fees help cover some of those upfront costs and some of the risk that goes into it
The majority of the compensation comes from this alignment of interest

Resources Mentioned

Interested in connecting with other like-minded individuals? Then join our VonFinch Private Capital Network. Learn more at www.vonfinch.com/invest.

Want to learn more about this opportunity and whether it is right for you? Join us at our next Passive Investment Opportunity Webinar. Learn more at www.vonfinch.com/mesa

Join InvestorMindset.com for more!

E245: Active Income for Passive Returns – Seth Bradley Aug 23, 2021

Show notes

In this week’s episode Steven is joined by Seth Bradley, Lawyer turned Investor. Listen as they dive into all things about passive investing, the struggles faced and the strategies that Seth utilizes in growing in his career, and much more. Like the title of the podcast, this episode is about developing that right mindset.

Key Takeaways:

Taking a hard look at his peers, Seth realized that was not the future he wanted for himself or his family.
Invest from your active income in order to earn your passive income
When looking at different options ensure that you are looking at the sponsors and their track records not just the rate of return that is being promised.
A look at why some people fail in this venture when others are so successful.

Resources Mentioned

Interested in connecting with other like-minded individuals? Then join our VonFinch Private Capital Network. Learn more at www.vonfinch.com/invest.

About our Guest:

Seth Bradley is the Founder and Managing Partner of Law Capital Partners. He oversees the company’s acquisitions, business development, and investor relations. Additionally, Seth provides legal and compliance oversight and directs the overall investment strategy. He brings to the company over 14 years of experience in general management and new business development.

In addition to Law Capital Partners, Seth is the Managing Partner of Bradley Law, Ltd., a California law firm that provides clients with legal counsel in the practice areas of commercial real estate, corporate, and asset protection. He represents real estate developers, investors, landlords, tenants, and financial institutions in all types of commercial real estate transactions including acquisitions, dispositions, financing, leasing, and development, across a full gamut of asset types, including multifamily, industrial, office, and retail.

https://www.lawcapitalpartners.com/

Podcast: https://passiveincomeattorney.com/

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E244: Experienced Track Record - Steven Pesavento Aug 19, 2021

Show notes

When investors are looking to partner with you they may be looking at how long you have been doing this, however, that is not nearly as important as your track record. There are sponsors that have been doing this for years however their track record may not be as impressive as yours with only a couple of years under your belt. In this episode, Steven explores the importance of the track record and its success. Remember, as either investor or sponsor, you are investing in the people first and then the deal itself.

Key Takeaways

There is importance in getting to know the team behind the investment you're making. You need to make sure you are investing and betting on the right people.
Understanding of what track record of success is and the value of experience over time.
Why it is better to have a team that is local to the market
What questions should you be asking to understand the sponsor’s values

Want to learn more about this opportunity and whether it is right for you?

Join us at our next Passive Investment Opportunity Webinar. Learn more at www.vonfinch.com/mesa

Join InvestorMindset.com for more!

E243: The Power of Coaching & Mentoring - Jens Nielson Aug 16, 2021

Show notes

We are excited to have Jens Nielson joins us today. He is the principal at Open Doors Capital and a full-time real estate investor. Jens is passionate about teaching and helping others achieve success. He is a Certified High-Performance Coach and uses his knowledge and skills to coach and train new students in multifamily real state investing. Listen as we discuss strategies you can implement in order to up your game as both investor and operator.

KEY TAKEAWAYS

Utilizing or creating “pain” in order to make that mindset shift
There is a power in utilizing a coach or mentor in order to help you not fall back on old patterns
The questions you can ask yourself in order to develop that vision of who you are and what you would like to do
The difference between coaching, mentoring and consulting

Looking for a coach to help you move up to that next level. Schedule a call now to see if we are the right fit for you. Learn more at www.investormindset.com/discovery

About Today’s Guest

Jens Nielson immigrated from Denmark in 1996 and after a successful career in IT, he followed his passion for real estate and coaching and is now a full-time real estate investor and coach. He is currently a direct owner or General Partner in over 1,100 apartment units around the country, valued at over $100M.

The locations of the investments range from growth markets like Atlanta & Phoenix to cash flow markets like Albuquerque, Cleveland, and Erie.

Given his long IT and management background, Jens focus on underwriting, market analysis, capital raising, IT solutions, and system support for the deals he is involved in.

Jens has also passively invested in 16 syndications/private investments, spanning over 800 apartment units, 2,000 mobile park lots, and over 6,000 storage units plus mortgage note funds and private money lending.

His mission is to get more people to invest in private placements for the strong cash flow and equity growth, and his company mission is to "Open Doors to your secure financial future through multifamily investing."

He lives in New Mexico with his wife and two dogs. When he is not looking for the next deal, Jens is riding his bike, skiing, or hiking.

Email: jens@opendoorscapital.com

Website: https://opendoorscapital.com

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E242: Investing in Denver - Steven Pesavento Aug 12, 2021

Show notes

Looking to invest in the right property can be in challenging at times. Opportunities arise but how do you know this property is going to give you the right return on your investment? In this episode, Steven explores his most recent acquisition in the Denver market, what makes it a great investment, and opens up the opportunity for you to join him in this venture.

KEY TAKEAWAYS

When you're doing value add to an investment it is important to have the right people in place
Find a property in a great location, in this case, a C+ to B- building in an A- area
Compete against the A class projects by offering a very similar style apartment for a lower price
Finding that diamond in the rough that has great long-term projected opportunity

Want to learn more about this opportunity and whether it is right for you?

Join us at our next Passive Investment Opportunity Webinar. Learn more at www.vonfinch.com/mesa

Join InvestorMindset.com for more!

E241: What You Should Know to Start Investing - Tim Bratz Aug 09, 2021

Show notes

Are you thinking of investing in real estate or have started but just keep meeting challenge after challenge? In today’s episode, we are talking with Tim Bratz, the CEO, and founder of Legacy Wealth Holdings. Listen as we discuss the different types of investments, the three things you need to ask yourself when investing or looking for an operator, and the power of community to be successful.

KEY TAKEAWAYS

There are two types of investments into real estate; debt and equity
Developing systems that incorporate a win-win scenario for the investors and the operator
There is a need to educate investors more than pitching to them on investing
Don’t start off alone. Look for mentors that will help you reach your goals.

Interested in connecting with other like-minded individuals? Then join our VonFinch Private Capital Network. Learn more at www.vonfinch.com/invest.

About Today’s Guest

Tim Bratz is the CEO and founder of Cleveland-based Legacy Wealth Holdings, a real estate investment company that acquires and transforms distressed apartment buildings into high-yield assets. His current portfolio exceeds 4,000 units with a valuation of more than $300 million. But for Tim, it’s about more than the money, it’s about making a positive impact.

Connect with Tim at:

Real Estate -- LegacyWealthHoldings.com

Coaching -- LegacyWealthHoldings.com/coaching

Children's Achievement Books -- LittleLegacyLibrary.com

Facebook: TLBratz

Instagram: @timbratz

LinkedIn: timbratz

YouTube: Legacy Wealth

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E240 : How to Build Your Skills in Decision-Making - Steven Pesavento Aug 05, 2021

Show notes

We make thousands of decisions every single day, most of them subconsciously. So, how can we make the right decisions when it really counts? Find out more about our investing opportunities here 👉 www.vonfinch.com/invest 👈

The most successful individuals in this world are often strong-decision makers. They know what they want, when they want it, and what they need to do to achieve it. If you want to emulate this type of behavior—whether it is in your personal life or your business—all you need to do are follow the simple steps that we will be talking about today.

In this installment of Mindset Minutes, learn the steps that will help you arrive at the best decisions, especially the ones that will affect your business and your life. These include writing things down on paper, brainstorming potential ideas, and mitigating downsides, among other vital insights that you can apply to your own life.

KEY TAKEAWAYS

1. Leaders and successful people are decisive.

2. Making important decisions on paper to help you achieve more clarity.

3. Knowing what you want, when you want it is imperative to making the right decisions.

4. We have to make the best of the information we have to make better decisions.

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