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NYN E19: Wealth Building Strategies: From Bankrupt to Financial Freedom with Devin Burr

NYN E19: Wealth Building Strategies: From Bankrupt to Financial Freedom with Devin Burr

FromThe Investor Mindset - Name Your Number Show [$]


NYN E19: Wealth Building Strategies: From Bankrupt to Financial Freedom with Devin Burr

FromThe Investor Mindset - Name Your Number Show [$]

ratings:
Length:
32 minutes
Released:
Jul 4, 2023
Format:
Podcast episode

Description

Key TakeawaysOvercoming scarcity mindset: Devin shares how he shifted his mindset from believing money was scarce to realizing that it can be generated through hard work and serving more people.Transitioning from a job to entrepreneurship: Devin explains his decision to leave his job in the mortgage industry and pursue real estate investing as a means to build wealth for himself and his family.The power of holding properties: Discover the BR method (Buy, Renovate, Rent, Refinance, Repeat) and how Devin used it to build wealth by owning properties instead of selling them, allowing for tax advantages and long-term financial growth.Becoming the bank: Learn how Devin leveraged the concept of being the bank to multiply his money by being both the investor and the lender in real estate deals, thereby creating income streams in two places simultaneously.Sharing the knowledge: Devin's passion for helping others achieve financial freedom led him to share his strategies with friends, family, and even strangers, despite initial skepticism, emphasizing the transformative power of these wealth-building strategies.Resources MentionedInterested 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:Devin Burr started his journey in the mortgage and refinance business before transitioning full-time into real estate. He experienced financial struggles due to childhood influences and a scarcity mindset. However, Devin's determination and drive led him to excel in sales, earning more money and realizing that financial abundance was within reach. After finding success in wholesaling and flipping houses, he discovered the power of holding properties and becoming the bank, enabling him to achieve financial freedom and job optional status. Devin now shares his knowledge and strategies to help others transform their financial lives. CTAsAre you looking for High-Performance Business & Mindset Coaching?  Schedule a call now and see how we can be of service to you. http://www.investormindset.com/discoverEstablish your relationship with VonFinch now for exclusive invite-only opportunities. Schedule an introductory call now at http://www.vonfinch.com/call.Download your free strategy guide, The Passive Investor Playbook at http://www.vonfinch.com/playbookAre you looking for High-Performance Business & Mindset Coaching?  Schedule a call now and see how we can be of service to you. http://www.investormindset.com/discoverInvesting to Hedge Against Inflation - Free online training at https://investormindset.com/start
Released:
Jul 4, 2023
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