Building The American Dream with Real Estate Syndication with Reed Goossens Episode #162

GUEST SUMMARY This week in the lab we have Reed Goossens, an Australian Civil and Structural Engineer turned Real Estate Entrepreneur, a two times best selling author, real estate syndicator, investor, and Podcast host. After backpacking around in 2009 and coming back to corporate, he stumbled across the well-known book Rich Dad, Poor Dad which opened his eyes to using money to work for him. He then spent half of his savings to move across the world to come to America and build his American dream. But Reed built his American dream in a very unorthodox way, it wasn’t getting a good job to own a single-family home, rather it was getting a job leveraging his expertise as a civil engineer to help him obtain a visa in the U.S. to gain proximity to working closely with investors. Reed achieved his American dream through real estate syndication. Half a billion in assets under management later, Reed is still finding ways to make breakthroughs through curiosity and constant education. He has done his share of sharing what he has learned as a two times bestselling author of Investing in the U.S. - the Ultimate Guide to US Real Estate and 10,000 Miles to the American Dream. As the host of the “Investing in the U.S. Podcast’ we are honored to be joined by another long-distance experimenter, podcaster and are in great company to receive true and tested experiments in the lab. If you want to learn how you can come to the U.S. to build your empire through real estate syndication, you’ll most certainly learn more than a thing or two from Reed Goosens. Let’s build! HIGHLIGHTS OF THE EPISODE: 03:05 - Guest Background - Living the American dream 11:34 - Tertiary Markets outside New York state 14:54 - Learn from your first deal 17:35 - Mindset over everything KEEPING IT REAL: 22:17 - Creating wealth 26:59 - Bringing value through social media 31:49 - Key Takeaway - know how to solve a problem 35:14 - Being curious is an advantage 38:44 - Plane and Pilot Analogy 40:16 - Building a strong foundation 43:02 - Expedite the process 46:47 - Where curiosity leads you 49:41 - Favorite Book - Key Person of Influence 51:27 - Best Habit - meditation 51:42 - Best Application - Slack 52:00 - 3 100 unit apartments 52:13 - Why Class A? 52:52 - Self manage or outsourced NOTABLE QUOTES (KEY LESSONS): "We're all standing on a mountain of value, we just have to understand what that value is and then go surround yourself with people you aspire to be because that's the other key takeaways" "Through my curiosity, I was able to learn other skill sets, and being curious is really important. Don't forget about it" CONNECTING WITH THE GUEST Website: https://reedgoossens.com/ LinkedIn: https://www.linkedin.com/in/reed-goossens/ Facebook: https://www.facebook.com/reed.goossens?ref=bookmarks Instagram: https://www.instagram.com/reedgoossens/ Youtube: https://www.youtube.com/channel/UCuFEo0AYNmKTM4Fx3zbfQAw