5 Talents Podcast - How To Build Wealth Like the 1%

Jens Nielsen - 850 Doors, 2,000 Mobile Homes, 6,000 Storage Units Give Up the Golden Handcuffs

October 12, 2020 Abel Pacheco Season 1 Episode 16
5 Talents Podcast - How To Build Wealth Like the 1%
Jens Nielsen - 850 Doors, 2,000 Mobile Homes, 6,000 Storage Units Give Up the Golden Handcuffs
Show Notes

You’ll never get to the next level if you don’t step out of your comfort zone. That’s what today’s guest, Jens Nielsen did, and now, he is a successful multifamily real estate investor, coach, and one of my inspirations. Jens moved from Denmark to the US in 1996 and started investing as a KP, then branched out to become a GP acquiring 850 units within four years valued at $50M. Jens is now passionate about enabling people to find success by using targeted strategies that help people build wealth in Multifamily. 

Let’s dive in and learn from Jens’ wisdom, practical steps on how to get out of our comfort zone, and remove the golden handcuffs of a safe life, to take the leap into building a legacy. 

[00:01 - 07:40] Opening Segment

  • Let’s get to know Jens Nielsen
  • Jens gives us some background on his story 

[07:41 - 12:05] Giving Up the Golden Handcuffs

  • Jens talks about the benefits of going into Multifamily vs. managing property 
  • Jens talks about what it took to make the leap from a steady job into Multifamily 

[12:06 - 19:34] Ensuring Success 

  • Jens shares some of his practices to ensure success 
  • Advice for passive investors - ask the right questions and educate yourself 

[19:35 - 24:00] How to Get Your First Deal

  • Jens shares about what it’s like in his market currently 
  • Jens’ insights on finding the best deals - providing value

[24:01 - 28:56] Step Out of Your Comfort Zone

  • Jens’ networking process 
  • Overcoming anxiety setting up a network 

[28:57 - 38:12] Closing Segment

  • Connect with Jens - links below 
  • Jens talks about overcoming some limiting beliefs 
  • Jens’ education and growth process 
  • Final words of wisdom from Jens and Me.

Tweetable Quotes:

“What is your time worth?... Is your time worth driving across town to fix a toilet? Is that worth it, versus paying someone else to do it and you can go and focus on work that’s gonna make you $500,000 or $5,000? You gotta think about that.” - Jens Nielsen 

“What can I create? What can I do to go out there and create, for me and my family, some sort of legacy?” - Jens Nielsen 

“If you want an amazing life, if you want to change, you have to step outside your comfort zone… Whatever your comfort zone is, it only gets you as far as you are; if you want to go to the next level you have to change, you have to grow your mindset.” - Jens Nielsen



Connect with Jens on LinkedIn. Visit https://jenswnielsen.com/ to learn more. 

Guest Email: jens@opendoorscapital.com

Connect with me:





Watch 5T CRE on YouTube

Leave us a review and receive your free ebook

Email us --> abel@5tcre.com

Support the show