Passive Wealth Principles Jake Harris

In this episode of Passive Wealth Principles: What I Learned, join your host Jake Harris as he dives deep into a revealing conversation with Rob DeBrock. Explore Rob's transformative journey in the realm of self-storage investing, turning a modest $370,000 facility into a whopping $11 million powerhouse in a mere span of 18 months. Together, they uncover the potent strategies and small but impactful steps that led to such a monumental return of over 300%.
Key Takeaways from the Episode:
Maximizing Value with Simple Steps:
Rob highlights how seemingly basic value-add components, like promptly answering the phone and utilizing tenant management software, were instrumental in achieving exponential growth. Discover the power of these understated strategies and how they can drastically alter the course of your investment journey.
Remote Management and Scalability:
Jake underscores the potential of these strategies to be scalable and remotely managed. With the appropriate systems in place, self-storage investing doesn't need your constant physical presence. Learn how to set the stage for immense growth while enjoying the luxury of geographic freedom.
Distressed Investing Opportunities:
Beyond the primary discussion, Jake introduces listeners to his book "Catching Knives," a treasure trove for those intrigued by distressed investing. Dive deep into the realm of opportunities that distressed assets present, waiting for the discerning investor to harness their potential.
What You’ll Learn in this Show:
How basic strategies can make or break your self-storage investing game.The promise and potential of investing in self-storage facilities.Techniques to manage and scale your business from any corner of the world.An introduction to the captivating world of distressed investing through Jake's book.
Stay Connected:
Visit https://passivewealth.com/ for upcoming content and courses.
Join the Passive Wealth Tribe Facebook group for engaging discussions and networking opportunities - https://www.passivewealthtribe.com/group
Stay updated with Jake Harris on Instagram @jake.realestate for behind-the-scenes insights and more.
Conclusion:
Dive into this insightful episode of Passive Wealth Principles: What I Learned, and emerge enlightened by Rob DeBrock's unprecedented success in the self-storage investing space. Harness the power of simple strategies, remote management, and distressed investing to set yourself on a trajectory of immense growth. Dream big, start small, and remember – every opportunity is a stepping stone towards your grand vision.

In this episode of Passive Wealth Principles: What I Learned, join your host Jake Harris as he engages in a deep discussion with seasoned real estate investor, Rob Brock. Dive into Rob's transition from the realm of software development into the lucrative niche of real estate investing, focusing particularly on self-storage facilities. Together, they unravel the intricacies of the industry and lay bare strategies that have contributed to Rob's success.
Key Takeaways from the Episode:
Transitioning Careers:
Rob shares the motivating factors that drove him from software development to real estate. Gain insights into how passion and opportunity can lead to a transformative career journey.
Unlocking the Potential of Self-Storage Facilities:
Discover Rob's expertise in identifying deals with substantial value-add potential. Learn about the unique advantages of investing in self-storage, especially in the Midwest region.
Innovative Management Techniques:
Rob underscores the significance of integrating tenant management software. Grasp the role technology plays in streamlining operations and enhancing customer experience.
The Human Element:
The essence of real estate isn't just about property. Rob emphasizes the power of genuine human connections in the industry. Experience stories that highlight the importance of relationships in building a successful real estate portfolio.
Outsourcing for Efficiency:
Delve into Rob's philosophy of buying back time. Understand how outsourcing various tasks can significantly free up time, allowing investors to focus on scaling and strategic growth.
Embark on this enlightening journey with Jake and Rob, equipping yourself with invaluable lessons for those looking to make a mark in real estate investing. Stay Connected:
Visit https://passivewealth.com/ for upcoming content and courses.
Join the Passive Wealth Tribe Facebook group for engaging discussions and networking opportunities. - https://www.passivewealthtribe.com/group
Follow Jake Harris on Instagram for additional insights and updates. @jake.realestate

In this episode of the Passive Wealth Principles podcast, host Jake Harris introduces the "Pebble Plan," a framework for overcoming lack of motivation and procrastination. He discusses the key components of the plan, including prevention focus, if-then planning, and rolling up one's sleeves. Jake shares personal experiences and strategies for tackling obstacles such as anxiety, apathy, boredom, and arrogance. He emphasizes the importance of taking action, learning from mistakes, and utilizing one's unique skills. Jake also mentions his newsletter, where subscribers can access productivity hacks and passive investing insights ahead of time.
Stay Connected:
Visit the Passive Wealth website at https://passivewealth.com/ for upcoming content and courses.Join the Passive Wealth Tribe Facebook group for engaging discussions and networking opportunities: https://www.passivewealthtribe.com/groupFollow Jake Harris on Instagram for additional insights and updates: @jake.realestate.

In this podcast episode, Jake discusses the importance of prioritizing the right things to increase productivity and achieve success in business. He shares a story about his friend John, who neglected the crucial task of making sales while setting up his new business. Jake advises John to prioritize cash flow and not reinvent the wheel, emphasizing the need to focus on immediate issues before worrying about future problems. He introduces the concept of a "future homer problem" and shares an example of how they prioritized closing a deal and improving cash flow instead of getting caught up in potential future issues. Ultimately, Jake emphasizes the importance of focusing on the right things to avoid sabotaging productivity.
Stay Connected:
Visit the Passive Wealth website at https://passivewealth.com/ for upcoming content and courses.Join the Passive Wealth Tribe Facebook group for engaging discussions and networking opportunities: https://www.passivewealthtribe.com/groupFollow Jake Harris on Instagram for additional insights and updates: @jake.realestate.

In this podcast episode, Jake Harris, host of the Passive Wealth Principles podcast and founder of a real estate investment firm, shares a success story of a $50,000 deposit turning into a $7 million cash cow in just 18 months. He emphasizes the importance of identifying profitable opportunities and having a clear vision. The investor, in this case, study identified a new highway interchange as an opportunity for commercial land investment. Through strategic communication and negotiation, they were able to secure a ground lease with two national operators, resulting in significant passive income. Jake invites listeners to subscribe to the podcast and explore more case studies in the coming weeks.
Stay Connected:
Visit the Passive Wealth website at https://passivewealth.com/ for upcoming content and courses.Join the Passive Wealth Tribe Facebook group for engaging discussions and networking opportunities: https://www.passivewealthtribe.com/groupFollow Jake Harris on Instagram for additional insights and updates: @jake.realestate.

This is a new type of series for the Passive Wealth Principle, called "The Trade-Off."
In this series, I delve into some of the tips and insights that I share with my newsletter subscribers. If you haven't already, make sure to sign up for the newsletter on PassiveWealth.com to receive the written post a week early, as well as other exclusive content and offers.
In this episode of "The Trade-Off", Jake discusses the difference between being rich and being wealthy. He introduces the four primary ways people earn money: as an employee, entrepreneur, business owner, or investor. Jake uses a game called "Rich vs. Wealthy" to illustrate the differences between these paths. He then discusses the different levels of wealth achieved by three individuals and explains the concept of net worth and business value. The episode concludes with strategies for transitioning between paths and achieving greater wealth.
Stay Connected:
Visit the Passive Wealth website at https://passivewealth.com/ for upcoming content and courses.Join the Passive Wealth Tribe Facebook group for engaging discussions and networking opportunities: https://www.passivewealthtribe.com/groupFollow Jake Harris on Instagram for additional insights and updates: @jake.realestate.