How do you leave a job? Better yet, how do you leave a very comfortable, high-level career? Pancham called it the ‘golden handcuffs’ and it was a struggle to break free from. In this episode, he talks about that difficult transition, his portfolio risk management, and the I.D.E.A.L. investment acronym. You don’t want to miss that one. But how difficult was it to leave that corporate career? Pancham talks to us about how he even had to hire a mindset coach just to quit his job!

In this episode, we explore:

01:52 – Pancham on being on the right side

05:29 – ‘Golden handcuff’ job in NY City

07:26 – Hiring a mindset coach to quit his job

09:11 – Golden handcuffs to gold collar

10:25 – Pancham’s $100M Multifamily Portfolio

12:58 – Advantages of Multifamily

15:49 – Cost Seg Study and the aftermath of 2008

18:45 – Three High-level Risks

20:54 – Inflation is real and serious

23:50 – The most important risk: Team Risk

24:56 – Inflation and its effects on Multifamily

27:50 – What happens in a downturn?

28:38 – Cashflow Quadrant by Robert Kiyosaki

30:06 – [email protected] and E-book

30:57 – Transitions and goals

Connecting with the Guest:

Website: https://thegoldcollarinvestor.com/

Ebook: Top 6 Reasons to Diversify Out of Wall Street: https://thegoldcollarinvestor.com/download

#multifamily

#mindset

#riskmanagement