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E291: Passive Investing 101 (Encore) - Ryan McKenna

E291: Passive Investing 101 (Encore) - Ryan McKenna

FromThe Investor Mindset - Name Your Number Show [$]


E291: Passive Investing 101 (Encore) - Ryan McKenna

FromThe Investor Mindset - Name Your Number Show [$]

ratings:
Length:
36 minutes
Released:
Feb 7, 2022
Format:
Podcast episode

Description

Getting started in the real estate game can be super tough, but this week our special guest is Ryan McKenna and we dive deep into the challenges of investing and how we can overcome them. Ryan advises us on how to start investing, what to look for when vetting sponsors, how you should look at investing long term, and much more. This episode is packed with amazing advice and information from a top pro-investor and guess what… it’s completely free.Join us this week and receive this FREE advice from a real investing pro. If you’re just starting out in the investment game and haven’t decided which path to take yet, then this episode is tailor-made just for you! Key TakeawaysBe fully committed and if change happens then go full throttle in the next direction. It's very very difficult to be a part-time active investor. It's better to learn to be a passive investor first and then head into active once you have more experience. Focus on your expertise. The people matter most. Look at the team and its track record before the numbers. Look for transparency in the sponsor and ask what challenges they've faced and how they overcame them. Don't be afraid to ask questions! Try expanding your portfolio and look at multiple deals. Investing is for the long game… don’t try to make millions overnight.  Resources MentionedRich Dad Poor Dad - Robert T. Kiyosaki https://amzn.to/3ie8zV2Essentialism - In pursuit of doing less - Greg McKeown https://amzn.to/35dDi0tInterested in connecting with other like-minded individuals? Then join our VonFinch Private Capital Network.  Learn more at http://www.vonfinch.com/invest.  About our Guest:Ryan McKenna is the Founder of McKenna Capital, a real estate private equity firm that provides passive investment opportunities in institutional-quality, recession-resilient, real estate. Focusing on value-add multifamily, self-storage, and manufactured home parks, McKenna Capital has helped investors allocate capital across 10,000 + units with a combined asset value of over $1 billion. Ryan has partnered with some of the most experienced and well-respected operating partners across the United States and oversees all acquisitions, capital raising efforts, investor relations, and asset management for his firm.
Released:
Feb 7, 2022
Format:
Podcast episode

Titles in the series (100)

What does it take to succeed when others fail? We explore the stories on Investing that you don’t often hear: The trials and challenges that lead to success and the Mindset it takes to make it. We’ll learn from some of the best investors and entrepreneurs, learning through fire-walking their experiences so we can each setup up our game and be our best self. We focus 80% on the motivation & mindset that leads to success, and 20% on the investing strategies & tactics that get us there. About The Host: Steven Pesavento Real Estate Investors & Entrepreneur has always been obsessed with understanding how we can think better, how we can be better and how we can do better. He fought against those limiting beliefs, that held him back and jumped in to Real Estate with no experience. By modeling the mindset & actions of leaders he looked up to, his Real Estate investing his business exploded, buying 150 houses in his first two years, over $22 Million in real estate transactions. Personal development for real estate investors. Model the top real estate investors, house flippers, multifamily syndicators, wholesalers and landlords. We invite guests from all industries to share their mindset with our incredible community. Join the insider club at: https://TheInvestorMindset.com IG @Investormindset https://Facebook.com/theinvestormindset