In the world of real estate investing, it's easy to get caught up in the excitement of finding deals and raising capital. But what happens after you close the deal?

In today’s episode of the Real Estate Mindset podcast, I sit down with Kyle Mckinney, a seasoned professional with a fascinating background in defense and commercial real estate. Kyle shares a valuable insight that many investors overlook: asset management is the key to long-term success. While finding deals and raising capital are undeniably important, asset management is the marathon portion of the business. It's the day-to-day work of managing properties, communicating with investors, and making sure your investments are performing as expected.

Kyle's unique perspective and wealth of experience make for an engaging and informative conversation that will leave you with actionable insights you can apply to your own investing journey.

Kyle McKinney has a diverse background spanning government service and commercial real estate. Kyle co-founded an investment firm that raised capital for co-general partners. Currently, Kyle shares his expertise through consulting and his latest venture, Pentagon Property Academy, where he teaches investors and aspiring investors the ins and outs of owning and managing multifamily properties, with a strong emphasis on asset management.

What we discuss:

(00:00) Asset Management and Entrepreneurial Transition

(09:00) Lessons Learned From Business Success

(17:08) Real Estate Mindset and Asset Management

(26:26) The Importance of Asset Management

To learn more about Kyle McKinney:

Website: Pentagon Property Academy

Email: Kyle@PentagonPA.com

Are you looking for a recession-resistant investment opportunity with high cash flow potential? Self-storage might just be the answer you've been searching for.

In today’s episode of the Real Estate Mindset podcast, I talk with Tom Dunkel, an expert in the self-storage industry. Tom shares his fascinating journey from the corporate world to becoming a successful self-storage entrepreneur, despite facing challenges during the Great Recession.

Self-storage has proven to be a stable and consistent asset class, with occupancy rates staying between 80% and 90% over the past 40 years. This stability is attributed to the fact that people need storage during both good and bad economic times, making it an attractive investment option for those seeking reliable returns.

To learn more about the advantages of investing in self-storage, the importance of mentorship, and Tom's personal insights on building a successful business, be sure to listen to this informative episode of the Real Estate Mindset podcast.

Tom Dunkel is chief investment officer for Belrose Storage Group LLC, which offers passive investment opportunities and specializes in self-storage acquisitions and development nationwide.

What we discuss:

(00:02) Real Estate Entrepreneurship and Self-Storage

(07:26) Differences in Self-Storage and Multifamily

(12:02) Technology and Trends in Self-Storage

(23:18) Lessons in Investing and Mentorship

(34:04) Expertise in Self-Storage Investment

To learn more about Tom Dunkel:

Website: https://www.insideselfstorage.com/

Email: tom@belroseam.com

Have you ever stopped to think about what it really means to be a champion? Is it just about holding a trophy or winning a title?

In this week's powerful podcast episode, guest John Marrone shares a profound insight: the true value of becoming a champion lies in who you become along the way. It's about celebrating the days you put in the work when you didn't want to, overcoming doubt, and pushing through resistance.

John's journey from a troubled past to a successful coach and entrepreneur is a testament to the power of mindset and perseverance. His walking quotes and actionable tips will leave you feeling empowered to tackle your own challenges and become the champion of your life.

John Marrone is the Co-Founder of Real Estate Mastery Coaching. John is a High-Performance Transformation Specialist and has coached over 7,000+ Real Estate Agents on proven conversion techniques. When he's not coaching he shares the stage with other impactful leaders like Tony Robbins, Trent Shelton & More.

Don't miss this inspiring episode of the Real Estate Mindset podcast. Listen now and discover how celebrating the process, not just the outcome, can lead you to incredible growth and success.

What we discuss:

(00:02) Life Transformation Through Transparency and Work

(06:36) Real Estate Mastery Coaching Formula

(18:50) Finding Motivation in Everyday Life

(24:43) Success Through Dedication and Delayed Gratification

(34:55) Embracing the Process and Setting Boundaries

To learn more about John Marrone:

Website: https://www.homesofemeraldcoast.com/

Instagram: @realjohnmarrone

Coaching: https://www.gorealestatemastery.com/payatclose