MI330: The Real Estate Private Equity Playbook w/ The Real Estate God
Millennial Investing - The Investor’s Podcast Network - Podcast tekijän mukaan The Investor's Podcast Network
In this week’s episode, Patrick Donley (@JPatrickDonley) sits down with The Real Estate God, a famous anonymous Twitter account with over 100,000 followers, to talk about his unique views on life, real estate, and business. You’ll learn why he thinks investing in a 401k is a bet against yourself, how he got started in real estate private equity, what moves you need to make to leave your W-2 wisely, macro trends he thinks will affect us in the coming years, why he focuses on tertiary markets, the origin story of The Real Estate God account, and much, much more! The Real Estate God worked in real estate private equity at the institutional level before founding his own REPE firm. Outside of his own deals, he now runs an Acquisitions Bootcamp where he accelerates the learning an investor needs to know before buying their first profitable deal. IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro. 02:37 - Who The Real Estate God’s heroes have been. 05:03 - Why he considers investing in a 401k as a bet against yourself. 08:12 - How his first investment lost a $30,000 nest egg and what he learned from it. 10:53 - Why you need to be investing in yourself or in a business when you are starting out. 14:47 - What moves you need to make to leave your W-2 wisely. 24:22 - How he initially got into real estate private equity. 31:30 - What macro trends he thinks will affect us in the coming years. 34:05 - What are the two ways to make money in real estate going forward. 36:23 - Why he focuses on tertiary markets. 40:35 - What his exit strategy is for his real estate investments. 46:22 - How he developed his sales skills. 52:17 - How to create your own yacht and add value to anyone. 57:31 - What you learn in the Acquisitions Bootcamp. 65:19 - What career he would consider if he wasn’t involved in real estate and more. *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Check out: MI324: Mastering Money, Words and Wellness w/ Dickie Bush | YouTube video. Recommended book: Die with Zero by Bill Perkins. Check out: Efficiency by the Wall Street Playboys Check out: MI322: Enduring Ventures w/ Sieva Kozinsky | YouTube video. Check out the books mentioned in the podcast here. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Range Rover Public Airbnb Meyka Fundrise NetSuite Connect with Patrick: Twitter Connect with Real Estate God: Website | Twitter Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm