The Compound Commitment

Mike Nilson

Welcome to the Compound Commitment, where we focus on the small actions that compound over time.  I'm your host, Mike Nilson.  Join me every Tuesday as we build the habits that support wealth, health, and happiness.  Each week, we share insights on investing, wealth management, and financial planning alongside practical strategies for nutrition, sleep, relationships and happiness.  Check out compoundcommitment.com to sign up for a complimentary 30-Day Wealth, Health, or Happiness Commitment.  

  1. 3月3日

    The 721 Exchange: Unlocking Liquidity & Diversification for Real Estate Investors w/ Jeff Walters

    Episode 024: In this episode, I interview Jeff Walters from Hines Private Wealth Solutions on 1031 and 721 exchanges. If you’ve ever wondered how to keep more of what you’ve earned while leveling up your real estate strategy, this conversation breaks it all down in a simple, practical way. We talk through how 1031 exchanges can help you defer taxes when moving from one property to another, and why some investors choose to “retire from being a landlord” by using a 721 exchange to roll into a REIT. We also get into the real differences between private real estate deals and publicly traded REITs—how they work, what kind of control you keep, and how to think about liquidity and diversification. Finally, we walk through the costs, the timelines, and what investors should understand before jumping into a 721 exchange. Whether you’re just starting to explore these strategies or looking to refine the way you invest, this episode gives you a clear framework to work from. Key Takeaways Why strong financial coaching matters in real estate investingHow a 1031 exchange can help you defer taxes when switching propertiesWhat a 721 exchange is—and how it can be a bridge into REITsThe specific rules investors must follow to complete a 1031 exchangeThe role diversification plays in building a more resilient real estate portfolioHow a 721 exchange can help investors step out of hands‑on landlord dutiesWhy understanding liquidity and control is so important when comparing investmentsA typical four‑year timeline for completing a 721 exchangeHow investors may be able to take their cost basis out tax‑free after a 721 exchangeThe importance of talking with a financial advisor to explore your options

    38 分鐘
  2. 2月24日

    Next Play Mindset: High Performance Habits w/ Alan Stein, Jr.

    Episode 023: In this episode, I sit down with Alan Stein Jr. to dig into the heart of his Next Play philosophy—a mindset built around resilience, presence, and the ability to move forward with purpose after any setback. Alan and I talk about how this idea was born on the basketball court, where he spent years as a high‑performance coach working with elite athletes, and how he’s since carried those same principles into the business world. We explore what “Next Play” really means on both a micro and macro level. On the micro side, it’s about how quickly you can reset after a mistake or disappointment. On the macro side, it’s about stepping back, reflecting, and intentionally choosing what comes next in your life or career. Alan shares how emotional awareness, visualization, and preparation all play a role in making that shift effectively. A big theme in our conversation is the power of fundamentals—how the basics we often overlook are actually the foundation for high performance, whether you’re running a company or running a fast break. We also talk about the importance of self‑awareness, letting go of unproductive emotions, and embracing the ongoing process of becoming a better version of yourself. If you’re navigating a transition, feeling stuck, or just looking for a practical way to stay grounded and move forward, this episode offers a ton of insight and encouragement. Follow along with Alan on social media @alansteinjr

    1 小時 1 分鐘
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簡介

Welcome to the Compound Commitment, where we focus on the small actions that compound over time.  I'm your host, Mike Nilson.  Join me every Tuesday as we build the habits that support wealth, health, and happiness.  Each week, we share insights on investing, wealth management, and financial planning alongside practical strategies for nutrition, sleep, relationships and happiness.  Check out compoundcommitment.com to sign up for a complimentary 30-Day Wealth, Health, or Happiness Commitment.  

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