5 Talents Podcast - How To Build Wealth Through Real Estate

Prashant Kumar - Turning the $115 in his Pocket into $60M in Real Estate

December 01, 2020 Abel Pacheco Season 1 Episode 52
5 Talents Podcast - How To Build Wealth Through Real Estate
Prashant Kumar - Turning the $115 in his Pocket into $60M in Real Estate
Show Notes

Today’s guest is Prashant Kumar, Founder and Managing Partner of My Realty Gains, LLC. Prashant shares his humble beginnings, starting with his arrival in the United States in 1998 with only $115 in his pocket. He found himself in the real estate world after 25 years in Corporate America, helping his company acquire over $60 million in commercial real estate and manage 1,200 apartment units. Now, he is focusing on his passion for assisted living properties, providing shelter for senior citizens in need. 

Let’s all be inspired and listen to Prashant’s story of success!

[00:01 - 08:20] Opening Segment

  • Let’s get to know Prashant Kumar
  • Prashant shares his humble beginnings

[08:21 - 18:32] How to Make Your Money Work

  • The idea of “your money working for you”
  • His jump to multifamily from single family
  • Don’t miss Prashant’s tips to start in real estate
  • A failed project that helped Prashant take off.

[18:33 - 27:00] From $115 to $60 Million 

  • Prashant talks about his real estate mindset
  • Prashant’s secrets to attract investors
  • His ways to use digital marketing in real estate

[27:01 - 35:23] Your Most Important Asset in Real Estate

  • How to use your platforms to educate others
  • We talk about mentorship in real estate
  • Prashant’s advice to passive investors
  • FREE email course by Prashant! Link below

[35:24 - 40:44] Closing Segment

  • Connect with Prashant  - links below 
  • Prashant’s parting words
    • Learn to say “no”
    • Educate others
  • Final words from Prashant and me

Tweetable Quote:

“[The business of assisted living properties] is not about earning money. It’s about giving back to the society.” - Prashant Kumar

“[In] any platform that you create, the focus is to educate.” - Prashant Kumar

Resources mentioned


Connect with Prashant on LinkedIn and Facebook. Visit their website and sign up for their free 7-day email course. Check them out on LinkedIn, YouTube, and Instagram to learn more.

Guest Email: prashant@multifamilyrealtygains.com

Telephone: 631 428 6479 

Connect with me:





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