5 Talents Podcast - How To Build Wealth Through Real Estate

After more than 100 episodes, we’ve already shown that mindset is as important in real estate as education. In today’s episode, we’re going to talk about mindset again and how it can help us in our real estate investing. The difference this time is we’re going to draw from our guest’s experience as an Ultra Runner. 

Jason Yarusi is an active syndicator managing 800 units with $75 million in real estate holdings. He is the voice behind the Multifamily Live Podcast, a workout enthusiast, father, and husband. His achievements make it look like he’s reached the finish line, but Jason is not done yet. 

Let’s listen to Jason and raise millions or find value where no one is looking!

[00:01 - 04:53] Opening Segment

• Let’s get to know Jason Yarusi
  • Active syndicator
  • Podcast host 

[04:54 - 14:33] Relevance of Mindset in Real Estate

• Jason talks about the power of consistency 
• Why the right mindset is relevant in real estate 
• Listen to our exchange on clearing limiting beliefs

[14:34 - 25:50] Active and Passive Investing Tips

• Don’t miss Jason’s tips on passive investing
• Here’s an active investing tip from Jason you shouldn’t miss 
• Why it’s good to know what you do NOT want first

[25:51 - 37:23] 100-Mile Stories 

• Listen to Jason’s “100-mile” stories 
• What does his first deal look like?
• What you should realize about real estate investing 

[37:24 - 43:10] Closing Segment

• Connect with Jason 
  • Links below
• Final words from Jason and me

Tweetable Quotes: 

“You will not have the best every day but you find ways to win every day and it makes every day better...” - Jason Yarusi

“Real estate is this open ocean where you can do anything but you can’t do everything.” - Jason Yarusi

Resources mentioned:

• Rich Dad, Poor Dad
• The ABCs of Real Estate Investing

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Connect with Jason on LinkedIn, Facebook, YouTube, Twitter, and Instagram. Check out Yarusi Holdings to learn more about his story and how he can help you on your real estate journey! Listen to his podcast. 

Guest email: [email protected] 

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Sean Katona is someone you’d want to get in touch with. He’s jumped from Microsoft to single-family to commercial real estate, earning a ton of valuable experience that has helped him lead more than 75 deals from renovation to new builds. His portfolio includes shopping centers, retails, apartments, storage, and single-family rentals. Today, he joins us to share his personal mission of guiding investors to have better returns with less risk in the real estate space.  

Let’s listen to Sean earn an extra comma and more zeros in real estate!

[00:01 - 05:23] Opening Segment

• Let’s get to know Sean Katona
  • From tech to real estate
• His story on a rental property turned an accidental flip

[05:24 - 15:47] Double The Value 

• Listen to Sean’s real estate approach you should learn too
• What’s Sean doing right now?
  • Doubling value 
• Don’t miss this project management advice from Sean

[15:48 - 25:26] Project Management

• What most people outside real estate don’t understand
• Juggling 50 deals in the single-family space

[25:27 - 35:18] Metrics To Analyze

• Sean’s one major metric you should look at too
• The markets that Sean is investing in right now 
• Connect with Sean
  • Links below

[35:19 - 45:18] Reasons for Investing 

• Why Sean is active in social media and why you should be too!
• Why you should be investing in real estate now 

[45:19 - 47:22] Closing Segment

• Final words from Sean and me

Tweetable Quotes: 

“Get in the game because what real estate has done for our financial situation...it created more wealth for us than anything else that we’re doing outside.” - Sean Katona

“The vast majority of our net worth is in real estate for a lot of reasons.” - Sean Katona

Resources mentioned:

• Clubhouse
• Rackspace

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Connect with Sean on LinkedIn, Facebook, YouTube, and Instagram. Check out his website to learn more about his story and visit Simplified Properties to #GETintheGAME and earn better returns with less risk on your real estate journey. 

Guest email: [email protected] 

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Nate Ohlrich’s journey to 600+ doors worth over $40 million started because he was able to find his “why” early on. His personal mission is to help investors find off-market opportunities through the 5 secrets he believes helped him to get to where he is now. His “why” is only second when we asked him what the most important secret was. The most important thing for Nate is something you’ve heard already. He also gave a few interesting ideas about being an entrepreneur. Is entrepreneurship for everyone?

Let’s listen to Nate to learn how he helps investors find off-market opportunities!

[00:01 - 06:13] Opening Segment

• Let’s get to know Nate Ohlrich
  • 10 years as owner of retail nutrition stores
  • From brokerage to real estate investment 

[06:14 - 17:09] Find Your “Why”

• Nate talks about the evolution of his business models 
• Are you trying to invest in real estate?
  • Here’s Nate’s advice for you 
• The first 2 steps to invest in real estate successfully

[17:10 - 31:18] Off-Market Opportunities 

• Don’t limit yourself to reading books and listening to podcasts
  • Nate tells you what to do next
• The amazing part of being a passive investor 
• The most important step in real estate investing for Nate 

[31:19 - 37:15] Closing Segment

• He breaks down his first real estate deal 
• Connect with Nate
  • Links below
• Final words from Nate and me

Tweetable Quotes: 

“If you don’t have that hunger, then taking the risk of doing something entrepreneurial, maybe, that’s not for you, which is fine.” - Nate Ohlrich

“You need to start talking to people that are doing what you wanna be doing.” - Nate Ohlrich

Resources mentioned:

• Book: Extreme Ownership
• Podcast: BiggerPockets Dail‪y

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Connect with Nate on LinkedIn, Facebook, YouTube, and Instagram. Check out his website to learn how he can help you achieve double digit returns through hands-off real estate investments.

Guest email: [email protected] 

FREE EBOOK from Nate here.

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Monick Halm is used to being the only woman in the room, but she doesn’t want other women to feel the same. She recognizes the power of having a stable passive income stream and is on a mission to help her fellow women realize it too. She joins us today to talk about that mission, her real estate journey, and the traits she’s looking for in an investment partner. Monick is not about earning the most money possible. She’s more on leaving a community better than when she found it. 

Let’s listen to Monick and learn her road to 1 million financially free women in real estate! 

[00:01 - 05:03] Opening Segment

• Let’s get to know Monick Halm
• Her path to real estate 

[05:04 - 16:00] A Stable Passive Income 

• How Monick handled losing her job while being pregnant 
• Here’s why women should invest in real estate according to Monick 
• She talks about her first deal in real estate
  • What part is her favorite?

[16:01 - 26:09] Industrial Investments 

• Why invest in the industrial space
  • Listen to Monick
• Monick’s thoughts about the risk in real estate 

[26:10 - 36:47] The 3 C’s of a Person 

• Don’t miss this passive investing advice from Monick!
• The 3 C’s to look for in a person 
  • Not just in real estate, but also in life 
• Connect with Monick 
  • Links below

[36:48 - 39:43] Closing Segment

• Final words from Monick and me

Tweetable Quotes: 

“I will only invest where we can leave a property and a community better than when we found it.” - Monick Halm

“Work with the best. They won’t cost you money. They’ll make you money.” - Monick Halm

Resources mentioned:

• Rackspace

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Connect with Monick on LinkedIn, Facebook, and Instagram or check out Real Estate Investor Goddess to learn more about her personal mission. Listen to her podcast!   

You can also connect with the Real Estate Investor Goddess on LinkedIn, YouTube, Twitter, and Instagram. 

Guest email: [email protected] 

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Profit, Project, and Philanthropy are 3 P’s that guide Derek Alexandrenko’s life and real estate journey. There’s another P that comes first, which Derek will be happy to talk about in this episode. That first P is crucial to have a successful experience in real estate. That P is as important in passive investing as it is inactive investing. It’s something you’ve heard already. Do you have an idea now what that P is? 

Let’s listen to Derek and learn the 4 P’s of life! 

[00:01 - 05:59] Opening Segment

• I introduce Derek Alexandrenko 
• His path to real estate 

[06:00 - 16:34] Entrepreneur At Heart

• When did Derek realize he’s meant to be an entrepreneur? 
• He talks about build-to-rent and why you should try it
• His mindset in real estate that you should know too

[16:35 - 26:11] The 4 P’s of Life

• Derek debunks the idea that real estate is time-consuming
  • Listen to his thoughts
• Don’t miss Derek’s tips for active investors
• The 4 P’s in Derek’s life

[26:12 - 36:27] The Right Partner in Real Estate 

• The right partner will be a big part of your success
  • Listen to Derek
• Are you a passive investor? 
  • Here’s Derek’s advice for you
• Connect with Derek 
  • Links below

[36:28 - 41:07] Closing Segment

• Final words from Derek and me

Tweetable Quotes: 

“[Real estate] doesn’t have to take up all your time if you do it the right way.” - Derek Alexandrenko

“If you choose to be active, the most important thing is just who you associate with.” - Derek Alexandrenko

Resources mentioned:

• Kingdom Capitalists

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Do you want to know more about the built-to-rent model? Reach out to Derek on LinkedIn and check out Hammerhead Capital. 

Guest email: [email protected] 

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We have recently celebrated International Women’s Day, and it is only fitting that we invite a role model that millions of women around the world can emulate. Deep Paknikar has a deep understanding about her unique situation as a woman in tech, a demanding industry where many of its employees are investing in stocks. The result of this understanding led to her creating $5 million in value in real estate while working full-time in the tech industry. How did she manage to do it? 

Let’s listen to Deep and learn Growth opportunities for women in real estate! 

[00:01 - 04:24] Opening Segment

• Let’s get to know Deep Paknikar
• Why she pursued real estate while in the tech industry 

[04:25 - 13:10] A Unique Opportunity in Real Estate

• The way to invest in real estate according to Deep
  • The first step is networking 
• There are many commonalities in diversity
  • Listen to Deep
• A unique opportunity in real estate you should grab now

[13:11 - 25:16] Fears To Overcome in Real Estate Investing 

• Deep shares a message to women in tech you shouldn’t miss 
• Diversify your portfolio with these tips from Deep
• The fears to overcome to invest in real estate

[25:17 - 38:01] Is Real Estate Easier Than Stocks? 

• Don’t miss these 2 tips from Deep to reduce your risk in real estate
• The resources to help you predict real estate demand 
• Why starting small in real estate is good for you
  • Listen to Deep 

[38:02 - 38:54] Closing Segment

• Connect with Deep
  • Links below
• Final words from Deep and me

Tweetable Quotes: 

“You really need to diversify enough [so] that you have a pretty stable, balanced portfolio.” - Deep Paknikar

“...the education aspect is so critical and there's a lot of free material available out there...so you can educate yourself.” - Deep Paknikar

Resources mentioned:

• CoStar Commercial Real Estate Market Analytics
• City-Data

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Call (425) 272-5398 to reach out to Deep or connect with her on LinkedIn. Check out Investorina and let her help you in your real estate journey. 

Guest email: [email protected] 

COMING SOON: Deep’s podcast about real estate investing 

SUPPORT UNDERPRIVILEGED WOMEN by buying from the Higher Sensibility Company

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Investing in real estate alone is hard. That’s why many investors opt for syndications to leverage other people’s money in investing in large multifamily deals. Sergio Pejoves was able to pull it off though. No syndications. Just him and his relentless pursuit of financial freedom and generational wealth. 

Today, Sergio will walk us through his path to real estate and the steps he took to acquire about $20 million in assets under management. He’s come a long way since migrating from Peru when he was in his 20’s. Have I also mentioned he only had $400 in his pocket when he arrived here? 

Listen to Sergio and learn how to buy your first large multifamily without bank loans! 

[00:01 - 07:00] Opening Segment

• Let’s get to know Sergio Pejoves
  • A life-changing deposit that 3x his investment 
• How Sergio’s path to real estate started

[07:01 - 17:14] No Syndication 

• Who made him realize the power of connecting with people?  
• Here’s Sergio’s tactic before getting leads in real estate
• Buy property one at a time or scale through multifamily? 
  • Sergio weighs in 

[17:15 - 28:12] Bridge Loan and Seller Financing 

• Buying 25 houses with his cash alone
  • Why and how? 
• Sergio talks about his first multifamily experience 
  • Don’t miss the lessons he learned from this!
• Don’t miss our tips for passive investors! 

[28:13 - 38:01] Creative Financing 

• Hear Sergio’s story about this 92-unit deal he closed 
  • How to do this creatively
• The mindset you need to close a multifamily deal without syndication

[38:02 - 42:15] Closing Segment

• Connect with Sergio
  • Links below
• Final words from Sergio and me

Tweetable Quotes: 

“You have to have a relationship with everybody. Real estate is a team sport.” - Sergio Pejoves

“You really have to be proactive and be relentless.” - Sergio Pejoves

Resources mentioned:

• Tony Robbins
• Robert Kiyosaki
• Donald Trump
• Project Bungalows

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Connect with Sergio on LinkedIn and Instagram. Check out Worth Avenue Capital Group to learn more about their services or visit them on Facebook. 

Guest email: [email protected] 

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Invest early and learn the power of compounding, our elders advised. The advice that Anthony Vicino wished he learned early, though, is not about investing your money, but investing in your relationships with people. Anthony joins us in this episode to talk about the power of building relationships early, especially in the real estate industry, and the rules to follow in investing passively. He also discusses the 4 spheres of influence to make your life better. The first 3 are mindset, health, and wealth. The last one is related to relationship-building. 

Listen to Anthony and build relationships in real estate! 

[00:01 - 06:40] Opening Segment

• Let’s get to know Anthony Vicino 
  • Author
  • Investor
  • Apartment syndicator 
  • Podcast host 

[06:41 - 14:12] Preparing For A Deal  

• Anthony walks us through his path to real estate 
• Listen to Anthony’s life philosophy
• How Anthony prepares for a deal

[14:13 - 26:23] 4 Spheres of Influence in Life

• The 4 spheres of influence in life 
• The bread and butter of Invictus Capital
  • Listen to Anthony 
• Treat people without a dollar sign on their faces
  • Anthony explains 

[26:24 - 40:11] Building Relationships in Real Estate

• Invest in relationships now
  • Anthony tells us why 
• Listen to Anthony’s approach in raising capital
• How to invest passively in real estate 

[40:12 - 45:42] Closing Segment

• Connect with Anthony
  • Links below
• Final words from Anthony and me

Tweetable Quotes: 

“Don’t treat people like you just see a dollar sign on them. Treat them like good people“ - Anthony Vicino

“Put in the relationship capital and start right now.“ - Anthony Vicino

Resources mentioned:

• Rackspace
• Cutco
• Brian Burke
• Forrest Corral 

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Connect with Anthony on LinkedIn and Instagram. Check out Invictus Capital and their YouTube and LinkedIn pages to learn more about their services. Listen to Multifamily Investing Made Simple.

Guest email: [email protected] 

GRAB THIS FREE EBOOK to start passively investing in multifamily. 

Watch out for their upcoming book!

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I’m sure we have non-US citizens who are planning to invest in real estate in the country either as an individual or as a corporation. If you are one, this episode is for you. Kenneth Kastner, a tax accountant currently based in Israel, joins us today to talk about how he helps foreign investors with their real estate investments in the US. While US real estate can be a lucrative investment for foreign investors, it can also be a huge headache. Avoid such headaches by learning the different tax strategies you can leverage and the things you should know to avoid double taxation. 

Let’s listen to Kenneth and start investing in real estate from overseas! 

[00:01 - 05:03] Opening Segment

• Let’s get to know Kenneth Kastner 
  • Tax accountant 
  • His market is foreign investors 

[05:04 - 15:24]  Real Estate Investing for Foreign Investors 

• Are you a foreigner planning to invest in the US?
  • Listen to Kenneth
• Even foreign investors can benefit from this tax strategy
• Avoid double taxation with these tips from Kenneth

[15:25 - 27:40] US Tax For Foreign Investors

• How foreign investors can leverage 1031 exchanges’
• Corporate tax vs. Individual tax
  • Kenneth breaks it down
• How to start investing in the US real estate market? 

[27:41 - 35:56] FIRPTA and ITIN 

• Kenneth breaks down FIRPTA for foreign investors 
• Things foreign investors should know about ITIN 
• Connect with Kenneth
  • Links below

[35:57 - 39:17] Closing Segment

• Final words from Kenneth and me

Tweetable Quotes: 

“Go in with your eyes open, not with your eyes closed.“ - Kenneth Kastner

“It’s really crucial to do the planning...also understand basic concepts of US tax.“ - Kenneth Kastner

Resources mentioned:

• Internal Revenue Service

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Connect with Kenneth on LinkedIn and Facebook and check out his website to learn more about his services.

Guest email: [email protected] 

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Alex Olson leverages his 15 years of experience in the financial services and tech industry to serve real estate investors. He supports his clients in identifying opportunities whether on or off-market and on identifying, vetting, and adding value to multifamily real estate transactions. If you’re someone who’s looking for properties through a broker, tune in now. 

Let’s listen to Alex and get the attention of a broker! 

[00:01 - 04:50] Opening Segment

• Let’s get to know Alex Olson
• He walks us through his path to real estate

[04:51 - 16:36] Real Estate Brokerage 

• Build your wealth with real estate
  • Listen to Alex
• Alex didn’t want to sell houses before
  • Why did he still pursue real estate? 
• Learn his specialty as a broker in the industry 

[16:37 - 26:59] 1031 Exchanges 

• Alex talks about the services that Clemons Real Estate offers
• He breaks down 1031 exchanges and why you should know it
  • Don’t miss this reminder from Alex!

[27:00 - 38:13] Getting the Broker’s Attention

• Get a broker’s attention with these tips from Alex!
• Alex shares an advice to look for off-market properties 
  • When should you go off-market? 

[38:14 - 44:38] Closing Segment

• Connect with Alex
  • Links below
• What to look for in a broker? 
• Final words from Alex and me

Tweetable Quotes: 

“I think a good broker will take the time to provide you some good properties to look at...even if it’s one that they’ve sold.“ - Alex Olson

“It’s all about time and where you’re spending your time.“ - Alex Olson

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Call 816-591-0825 to connect with Alex or connect with him on LinkedIn and Facebook. Check out Clemons Real Estate and their LinkedIn, YouTube, and Instagram pages.

Guest email: [email protected] 

Connect with me:

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Leave us a review and receive your free ebook

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