The Real Estate Mindset Eric Nelson

Join us for an enlightening discussion with Jay, a real estate investing aficionado who transitioned from traditional bank financing to the dynamic world of private money. Jay recounts the pivotal moment his line of credit vanished, prompting a resourceful shift to private funding. He shares his experience of educating his network on private lending and self-directed IRAs, which astonishingly led to raising over $2 million without a direct ask. Listen in as Jay divulges his clever strategy of 'good news phone calls' to prospective investors and the profound influence that a solid mental framework and private capital have had on his ventures in the quaint market of Morehead City, North Carolina.


In our conversation, we unpack the complexities and strategies of private lending in real estate, exploring how to maintain investor relationships and the critical need to reinvest capital post-property sales. I reveal how trust is cultivated with investors through the diligent performance of their money and highlight the security measures like deeds of trust and insurance policies that fortify lender investments. We also discuss the importance of understanding the operator's track record and making astute property offers. To wrap up, I unveil techniques for discovering eager private lenders, utilizing tools like the Private Lender Data Feed and tapping into personal networks, emphasizing the potential of retired individuals dissatisfied with their retirement fund returns. Tune in for these insights and more, as we explore the impactful world of private lending in real estate.



What we discuss:
(00:02) Private Money
(06:53) Private Lending Strategies and Risks
(18:26) Finding Private Lenders for Real Estate



To learn more about Jay Conner:
Website: jayconner.com
Book: https://www.jayconner.com/book-details/ 
Private Money Academy: https://www.jayconner.com/four-week-free-trial-v2-0/ 
Instagram: @jay_conner_private_money

Are you struggling with getting to your goals? It’s time to take a second look at your habits. 


In today’s episode of The Real Estate Mindset Podcast, we bring Steven Arneson back for more of his insights and wisdom. Steve is very intentional with the value he gives in this episode. We discuss jumping straight into multifamily, versus starting with something smaller so you’re not stuck with something you hate. 


We go over life changing habits, and how to choose ones based on you - not what others do. We discuss how to be an effective leader and deal with uncomfortable situations, and even why you should ensure you’re always choosing values over vanity for success. Lastly, we get real towards the end and share some hard personal stories so we can encourage you if you’re in a dark time. 


Steve Arneson comes from a real estate family. His uncles are top realtors in Victoria year after year for 30 years running, others are project managers for major developers, and his grandpa founded Town and Country Real Estate and Insurance. Naturally, he started his first live-in flip investment in 2012 at the young age of 24. In The REINVESTORS, he works as the analytical, detailed and data/stat guy. Steve loves connecting with people, the thrill of the hunt, and wants to grow into being a very successful developer.


What we discuss:
(2:00) Do you need to go straight to Multifamily
(5:57) How to choose valuable, life-changing habits 
(12:24) Habits to learn from
(27:30) Brand Evangelism - Values over Vanity
(31:26) Being an effective leader
(41:00) Choosing how to show up in a situation
(48:20) Be who you needed during your dark days 


To learn more about Steve Arneson:
Website: https://thereinvestors.ca/ 
Email: Steve@thereinvestors.ca 
Instagram: @the_reinvestors @stevearnesonofficial 
Facebook: https://www.facebook.com/groups/thereinvestors 
Youtube: https://www.youtube.com/channel/UC6qc28Fe3GSRF4erp-tO6RA 

Have you ever wondered what it takes to transform a handful of single-family homes into a self-storage empire spanning 38 facilities and over 18,000 units?


In this episode of The Real Estate Mindset, Jacob Vanderslice, a real estate investor, reveals the blueprint for his impressive ascent within the competitive storage space. As he dissects the operational strategies that catapulted his properties from overlooked to outstanding, we gain an insider's perspective on the industry's unique benefits and hurdles, touching on the nation's shift towards renting and the emotional gravitas that accompanies personal storage.


We also talked about how scaling a self-storage enterprise isn't all smooth sailing, and our conversation takes a deeper look at the trials that come with the territory.


Jacob is a co-founder of VanWest Partners and has been investing in real estate since 2005.
He leads the Investor Relations team and the launch of private Funds to raise capital for self-storage acquisitions. On behalf of VanWest, Jacob has deployed over $250 million in 
capital for value-add self-storage investments throughout the United States.


Additionally, Jacob acquired 1,000+ residential properties on behalf of a national private investment firm. Prior to founding VanWest, Jacob was a professional firefighter and arson investigator in the state of Colorado.


Jacob sits on the Board of Directors for Craig Hospital Foundation, a neurorehabilitation and research hospital in Englewood, Colorado specializing in spinal cord injury and traumatic brain injury rehabilitation and research.
Jacob enjoys flying airplanes, skiing and hiking, and spending time with his wife and two young sons.



We also discuss..
(00:27) Real Estate Investing and Growth
(05:28) Comparison of Landlord Evictions vs. Self-Storage
(14:53) Emotional Aspects of Self-Storage
(17:17) Troubles With Monthly Storage Payments 
(23:03) Economic Uncertainty and Rate Cuts
(26:36) Real Estate Investment in Market Flux
(30:04) Managing Risk in Real Estate Investing
(35:08) Perspective on Family and Business
(39:06) Challenges of Building With Shipping Containers


To learn more about Jacob Vanderslice:
Website: https://www.vanwestpartners.com/
LinkedIn: https://www.linkedin.com/in/jacob-vanderslice-02905b16b 

Do you ever feel like you're standing in your own way when it comes to achieving your dreams and success?


In today’s episode of The Real Estate Mindset Podcast, I chat with Aaron Velky about mindset. We don’t go over real estate at all, as this episode is very mindset-driven. We talk about powerful tips for getting out of your own way. Aaron believes we stand in our own way when it comes to dreams and success. We discuss how to dream big, and detail that dream so that it’s realistic and value-driven.  


Our conversation offers guidance for overcoming mindset obstacles that often accompany plateaus and financial loss. Aaron advises that you need to be ready for change and challenge when working on any type of mindset. 


Aaron Velky is a transformational coach on a mission to help you solve your biggest problem: You. He works with entrepreneurs in pursuit of more, not living the life they know they are capable of. He’s been through all the things that kept him from living the life he wanted: being his own worst enemy, believing his own excuses, and not having someone to hold him accountable to change. He’s a truthful, gritty but authentic coach, fighting fearlessly no matter the size of the obstacle for those who have been silenced or have been told to shrink rather than go for their big, audacious dream. 


What we discuss:
(0:47) Aaron’s Background
(10:00) Lessons learned are more important than finances lost
(18:15) Get Out Of Your Own Way 
(23:30) Dream so big it scares you
(34:00) How to overcome worst case scenario 
(39:00) Book Recommendations 
(43:00) Find more from Aaron Velky


To learn more about Aaron Velky:
Website: https://getoutofyourownway.coach/ 
Instagram: @aaronvelky 
Get Out Of Your Own Way Podcast
Youtube: https://www.youtube.com/@aaronvelky 
Book: https://a.co/d/6FqYqrW 

Do you find yourself saying, “I just don’t have the time?”  


In today’s episode of The Real Estate Mindset Podcast, I chat with Jake Rosenthal about his journey into real estate and his no excuse attitude towards his work. Jake offers great tips for finding time within your week, taking action, and not just burying yourself in research and learning. We discuss starting a side hustle with just four hours each week and how it’s often best to keep your W2 as long as you can. 


Our conversation offers guidance on living below your means, until you have plenty of reserves. We also dive into getting into short term rentals, and double checking offers - especially if they sound too good to be true. 


Jake Rosenthal hosts Life on Your Terms where you’ll listen in on his conversations with top performers and multi-millionaires in real estate, business, health, and mindset. Jake became financially free at the age of 30 by launching his own business and investing in real estate among other assets — all enabling him to live each day on his own terms. He guides others to conquer what may feel like the impossible – to live a life of abundance, vitality, and financial freedom by embracing what you currently view to be unobtainable.


What we discuss:
(0:47) Jake’s Background
(8:22) Education is powerful
(15:00) Getting into short term rentals
(22:45) When to quit your W2
(27:00) Start your side hustle
(31:31) Jake’s Book Recommendations
(34:20) Mistakes to learn from
(37:00) Check your deals! 
(39:00) Jake’s definition of success


To learn more about Jake Rosenthal:
Website: https://www.purelegacies.com/ 
https://www.jrvacations.com/ 
TikTok: https://www.tiktok.com/@jake.r.rosenthal 
Instagram: https://www.instagram.com/jake.r.rosenthal/ 
YouTube: https://www.youtube.com/@Jake.Rosenthal 
Podcast: Life On Your Terms with Jake Rosenthal 

Do you work closely with friends or family? It can be tough to balance work and personal lives, but if done correctly, it can develop into even deeper relationships. 


In today’s episode of The Real Estate Mindset Podcast, I chat with Dasha Beardsley about working with family. She has worked with Lone Star Captial and her brother for many years and offers insights on setting boundaries to keep work and personal lives separate. We dive into the current market and whether or not it’s a good time to sell. We also discuss what we think the future holds for those of us in real estate. 


Our conversation offers guidance on working with investors, and how to share thoughtful gifts to develop those relationships. 


Dasha Beardsley directs investor relations and oversees marketing for Lone Star Capital. She is responsible for coordinating Lone Star’s in-person summits as well as the sponsoring of conferences around the country. Dasha graduated magna cum laude from the University of Southern California with a degree in Real Estate Development. 


What we discuss:
(1:00) Dasha’s Story 
(3:00) Investor relations roles 
(7:00) The current market 
(13:40) Book recommendations
(16:00) A mentor vs work experience
(17:20) How Lone Star Capital started
(19:20) Learning from mistakes
(22:00) Defining success 
(26:15) Where to find more 


To learn more about Dasha Beardsley:
Website: https://www.lscre.com/ 
Email: dasha@lscre.com 
Podcast: https://www.lscre.com/podcast 
Book recommendations: 
One Minute Manager
Giftology