The Investor Mindset - Name Your Number Show [$]

Latest Episodes:

E119 - Smart Use of Leverage in Multifamily Real Estate - Steven Pesavento Jun 01, 2020

Show notes

Smart Leverage in Real Estate offers you control, that you can't find through Stocks or other forms of Paper investments. These are especially available in Multifamily, as typically banks take on 65-85% of the cost of a property. As an owner you're in control of this property's destiny and therefore in control of your investment future. Plus, listen to the example of how a leveraged return dramatically increase the overall ROI on an investment deal. The key here is using Smart Leverage, as Robert Kiyosaki preaches. Make sure your operation team is in control of your investments when using leverage.

BIG TAKE-AWAYS:

Smart leverage can greatly increase your returns
Only use leverage when you have control
Educate yourself! Education on a subject = power

RECOMMENDED BOOKS:

Increase Your Financial IQ - Robert Kiyosaki (https://amzn.to/2zxOLKF)

Links:

www.theinvestormindset.com/multifamily

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E117: 3 Tax Benefits Investing in Multifamily Apartments - Steven Pesavento May 25, 2020

Show notes

Tax Savings With Real Estate Investing are one of the big benefits that are hard to find in other types of investments. Did you know that multifamily apartment investments have some of the highest tax benefits in real estate investing? Join us today for a quick overview of the top 3 tax advantages of multifamily investing!

BIG TAKE-AWAYS:

Always consult your attorney and CPA about how/if you can take advantage of tax advantages
Multifamily assets have many tax advantages
Passive investments are taxed at a lower rate than active
Three things to dive into with your CPA or attorney: Depreciation, Cost-Segregation, The Tax-cut and jobs act of 2017, The passive income tax rate

Links:

www.theinvestormindset.com/multifamily

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E116: 6 Keys To Raising Capital for Real Estate - John Casmon May 21, 2020

Show notes

John Casmon founded Casmon Capital Group, and since then the company has helped families invest in over $90M in multifamily apartments to create generational wealth and impact. John hosts the Target Market Insights podcast, and is the co-founder of the Midwest Real Estate Networking Summit.

In his previous life, he held budget and campaign accountability for Fortune 500 companies including General Motors and MillerCoors.

John’s driving purpose is to leave a legacy for his family and the people he cares about. His upbringing and experience of financial hardships when he was young have driven him to work even harder to ensure that his family doesn’t have the same experience he did.

BIG TAKE-AWAYS:

Adversity can be an excuse OR it can be your driving force
You have to know your own limiting beliefs before you can get started
The 6 C’s: Confidence, Credibility, Connections, Channel, Communications, Consistency
Understand your audience and who your “investor avatar” is

RECOMMENDED BOOKS:

Relentless - Tim S Grover (https://amzn.to/2z09FlA)

Links:

www.casmoncapital.com/sampledeal

Keystone Habits:

Structured Journaling
Creating weekly goals
Wake up early

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E115: Two Advantages of Multifamily Apartment Investing: Economies of Scale & Better Financing - Steven Pesavento May 18, 2020

Show notes

There’s nothing wrong with investing in single family homes - but if you plan to continue growing your investment portfolio (or if you haven’t started a portfolio yet!) you’re going to want to take a few minutes and hear some of the huge benefits of investing in multifamily.

BIG TAKE-AWAYS:

Multifamily investment properties offer several benefits over single-family properties
You can spread (reduce) risk with more units (single family vs. 100-units for example)
It’s super important to work with an operator (or active partner) who has experience
Banks view multifamily assets as more secure

Links:

Instagram.com/steven.pesavento
www.theinvestormindset.com/multifamily

Join InvestorMindset.com for more!

E114: From Pro Athlete To Pro Entrepreneur - The Best Never Stop Training - Rachael Rapinoe May 14, 2020

Show notes

Rachael Rapinoe is a serial entrepreneur and retired professional athlete who’s focused her attention on building business as the CEO of Mendi.

Rachael brings extensive experience competing and training with elite athletes, truly understanding the human body and the role recovery has in performance. She has used these skills to successfully pivot into the business world where she’s run multiple successful companies.

As one of six children, Rachael learned teamwork and hard work from a young age, and she is still driven by the purpose of providing for her family and making sure they’re provided for.

BIG TAKE-AWAYS:

Get obsessed! If you’re not in love with some aspect of your business you may need to re-evaluate
You can’t do it alone. Find the right people to fill gaps in your business and let them work
Don’t go into partnership with anyone who doesn’t bring equal passion to the project
Have KPI’s so you can track your wins!

Keystone Habits:

Always finds time for movement (exercise) everyday
Fuels her body (eats for nutrition)
Meditation
Protects balance in her life

Links:

www.themendico.com
hello@themendico.com

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E113: The Growing Demand For Multifamily - Steven Pesavento May 11, 2020

Show notes

Did you know that 1 in every 5 Millennials never plan to buy a house? As a real estate investor this could sound like a bad thing - but today’s episode is just the first peek into the world of MultiFamily investing, and why it might be exactly the asset class you should look at!

BIG TAKE-AWAYS:

People are choosing to rent rather than buy now more than ever
Multifamily rent has held strong in recession as well as growth
1 in 5 Millennials say they plan to rent forever

Links:

www.theinvestormindset.com/multifamily

Join InvestorMindset.com for more!

E112: How To Raise Private Money - Capital Raising with Corey Peterson May 07, 2020

Show notes

Corey Peterson is the owner of Kahuna Investments, where he strives to provide his investors with stable cash flow returns and long-term capital appreciation through multi-family apartments. Corey has managed and acquired over $95 million in real estate across the country.

Corey is also the author of “Copy Your Way To Success - Standing on the Shoulders of Giants”, and the host of the Multi-Family Legacy Podcast. He speaks around the country on this subject, and has spoken at places including Harvard and Nasdaq, plus he is frequently featured on FOX, CBS, ABC, and NBC affiliates.

Corey wants to be able to be a “supplier of fun” and have a positive effect on many lives, plus the ability to choose his own path. His definition of success closely aligns with this purpose.

BIG TAKE-AWAYS:

People are looking for investment opportunities outside of the stock market
Think outside the box when it comes to raising capital - it might not be where you think
It’s ALL about building really good relationships
It just takes work (focused work)
Build rapport BEFORE giving any numbers

RECOMMENDED BOOKS:

Rich Dad Poor Dad - Robert Kiyosaki (https://amzn.to/2PNWhsz)
The Richest Man in Babylon - George S. Clason (https://amzn.to/2SzoYIT)
Copy Your Way To Success - Corey Peterson (https://amzn.to/35dGMOI)

Keystone Habits:

Family is always first

Links:

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E111: What Gives You Energy? - Steven Pesavento May 04, 2020

Show notes

Today’s episode is unique - it’s a glimpse into a powerful 30-day REI Action Challenge designed to help you focus on creating massive action and growth in your business (and life!) through understanding your unique abilities and what gives you energy.

BIG TAKE-AWAYS:

Get rid of the things in your life that take away energy
Just because you’re good at something doesn’t mean it energizes you (or that you ought to do it!)
Skills are developed - they take time and practice
Take the time to find your energy-giving activities & are natural abilities

Links:

www.theinvestormindset.com/challenge

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E110: Key to Thriving Through Crisis - Rich Fettke Apr 30, 2020

Show notes

Rich Fettke has helped thousands of entrepreneurs improve their businesses, grow their wealth, and live more fulfilling lives as a Business and Personal Coach. You’ve seen him on News Networks like NPR, Wallstreet Journal and many others. Rich is also Co-CEO of Real Wealth Network. Since 2003 they’ve helped over 50,000 members improve their financial intelligence and acquire cash flowing income properties — so they don’t have to work forever.

Rich’s purpose is to live an awesome life by “walking the walk and talking the talk” - essentially living his life in alignment with his big goals.

BIG TAKE-AWAYS:

Inspect EVERY single unit! (do your homework thoroughly)
Trust, but verify
Collaborate with other people in your industry to learn best-practices
Learn to adapt the the present circumstances
Know your “Big 3” goals

RECOMMENDED BOOKS:

Traction - Gino Wickman (https://amzn.to/2PTWn1Z )
The Way of the Superior Man - David Deida (https://amzn.to/2ZAouYm)

Keystone Habits:

Morning meditation, yoga, and exercise
Has a professional coach
Every Monday fills out “Self-Coaching” form
Super clear on goals

Links:

www.Realwealth.com

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E109: Should We Be Buying Real Estate With The Crisis Of COVID19? - Steven Pesavento Apr 27, 2020

Show notes

In this episode Steven goes over what he is doing in his investing business during the COVID-19 crisis, and some key tips to decide how you’ll handle the crisis in your own business.

BIG TAKE-AWAYS: