MB 267: The 5 Success Principles of Top Real Estate Investors– With Steven Pesavento
Financial Freedom with Real Estate Investing
English - May 24, 2021 09:00 - 49 minutes - 45.6 MB - ★★★★★ - 464 ratingsInvesting Business Education business entrepreneur health entrepreneurship finance marketing lifestyle investing entrepreneurs interview Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
After interviewing 100 of the top real estate investors, Steven Pesavento realized that mindset really is the foundation of investing success. So, how do the most successful investors and entrepreneurs think differently? And how can you apply these same principles to your investing efforts and achieve real-world success?
Steven is the President and Trusted Advisor at VonFinch Capital, a real estate firm out of Denver, Colorado, that focuses on curating hassle-free passive investments. He flipped 200 houses in three years before transitioning to multifamily in 2020. Steven is also the host of The Investor Mindset Podcast and the author of Principles of Success: Lessons from Top Real Estate Investors.
On this episode of Apartment Building Investing, Steven joins cohost Garrett Lynch and me to share his five success principles of top real estate investors and explain why mindset is so important to investing success. Steven describes what inspired his shift from flipping houses to multifamily and what steps he took to make the transition to commercial real estate. Listen in for Steven’s insight on what it looks like to have your mindset tested and learn to apply his success principles in the real world of real estate investing!
Key TakeawaysWhat inspired Steven’s shift from flipping to multifamily
Unable to scale (even with high volume) Benefits of securing long-term debtWhat steps Steven took to transition to commercial real estate
Find successful investors to learn from or partner with Study different asset classes and determine best fiWhy Steven decided multifamily was the right asset class
Similarities between residential and multifamily Alignment with values makes it easier to focus Ideal clients asking for longer-term investments Historically most stable asset class in real estateWhy mindset is important to investing success
Thoughts lead to actions which generate results Must believe it’s possible to succeedSteven’s 5 success principles of top real estate investors
View challenges as opportunities Ultra-focused on doing 1 thing really well Super-clear on what they want Know their purpose Work with great mentors and coachesHow to apply the 5 success principles in real-world investing
Recognize that mindset = code your mind runs on Sit down with pen and paper to get clear on goals Check in on consistent basis to replace old beliefsSteven’s experience with having his mindset tested
First multifamily deal under contract (March 2020) Litigious LP asked for $800K more just before...After interviewing 100 of the top real estate investors, Steven Pesavento realized that mindset really is the foundation of investing success. So, how do the most successful investors and entrepreneurs think differently? And how can you apply these same principles to your investing efforts and achieve real-world success?
Steven is the President and Trusted Advisor at VonFinch Capital, a real estate firm out of Denver, Colorado, that focuses on curating hassle-free passive investments. He flipped 200 houses in three years before transitioning to multifamily in 2020. Steven is also the host of The Investor Mindset Podcast and the author of Principles of Success: Lessons from Top Real Estate Investors.
On this episode of Apartment Building Investing, Steven joins cohost Garrett Lynch and me to share his five success principles of top real estate investors and explain why mindset is so important to investing success. Steven describes what inspired his shift from flipping houses to multifamily and what steps he took to make the transition to commercial real estate. Listen in for Steven’s insight on what it looks like to have your mindset tested and learn to apply his success principles in the real world of real estate investing!
Key TakeawaysWhat inspired Steven’s shift from flipping to multifamily
Unable to scale (even with high volume) Benefits of securing long-term debtWhat steps Steven took to transition to commercial real estate
Find successful investors to learn from or partner with Study different asset classes and determine best fiWhy Steven decided multifamily was the right asset class
Similarities between residential and multifamily Alignment with values makes it easier to focus Ideal clients asking for longer-term investments Historically most stable asset class in real estateWhy mindset is important to investing success
Thoughts lead to actions which generate results Must believe it’s possible to succeedSteven’s 5 success principles of top real estate investors
View challenges as opportunities Ultra-focused on doing 1 thing really well Super-clear on what they want Know their purpose Work with great mentors and coachesHow to apply the 5 success principles in real-world investing
Recognize that mindset = code your mind runs on Sit down with pen and paper to get clear on goals Check in on consistent basis to replace old beliefsSteven’s experience with having his mindset tested
First multifamily deal under contract (March 2020) Litigious LP asked for $800K more just before close Money wrapped up in deal, still under contractConnect with Steven Pesavento Resources
Join the Nighthawk Equity Investor Club
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Download Michael’s Free eBook: The Secret to Raising Money for Your First Apartment Building
Principles of Success: Lessons from Top Real Estate Investors by Steven Pesavento
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