The Power of Mindset and Mentors in Real Estate

Are you looking to get into real estate but don’t know where to start? In this episode of Life On Your Terms, I am actually interviewed by Christian Ballow about how I first got into real estate, doing my first deal, house hacking, and the mindset I needed to do it all. We also discuss why it’s so important to take action, why house hacking is so powerful, and how mindset can get you to where you want to be. Lastly, we dive into the power of networking and mentors and how it can make or break your real estate journey. I’m an active real estate investor and entrepreneur owning a portfolio of real estate in 4 different markets. Before founding Pure Legacies, I spent 8-years as a sales executive and sales leader at top technology companies. During that time, I was part of two of the biggest IPO's in tech history. A graduate of Northeastern University, I am passionate about building wealth for myself and investors through commercial real estate.What we discuss:(00:30) Jake’s story(3:39) How to house hack (6:20) The importance of cost cutting(8:30) Living in a house hack(11:00) Why PMI is short lived(14:53) Short term rentals: Good or bad? (17:30) How to actually level up your confidence (20:05) Why you need to network to be successful(33:00) Getting into boutique hotels(40:00) Tax benefits for investors(51:00) How to pitch to investorsTo learn more about Jake Rosenthal:Website: https://www.purelegacies.com/ https://www.jrvacations.com/ Instagram: @[email protected] To learn more about Christian Ballow: https://www.christianballow.com/Instagram: @christianballow “The information in this podcast is educational and general in nature and does not take into consideration the listener’s personal circumstances. Therefore, it is not intended to be a substitute for specific, individualized financial, legal, or tax advice. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making a final decision.”Podcast: Life On Your Terms with Jake Rosenthal Thank you for tuning into the "Life On Your Terms" podcast. If you enjoyed this episode, don't forget to leave a review, including topics you’d like to hear. Join us next time as we explore more ways to live life on your terms with inspiring guests and impactful stories.