5 Talents Podcast - How To Build Wealth Through Real Estate
Welcome to the 5 Talents Podcast - How To Build Wealth Through Real Estate. Your host Abel Pacheco interviews real estate investors, wealth managers, syndicators, operators, and other wealth management strategists. If you’re a top earner in your field, an accredited investor and focused on building wealth through real estate... then this podcast is for you.
Abel served his local church for nearly 10 years as a deacon and finance board member and now combines his passion for real estate investing, professional successes, faith, leadership, and core beliefs to serve his investment community.
If you want to learn what other multi-millionaires, wealth managers, and surrounding industry experts are doing to build and preserve wealth... then this podcast is for you.
www.5Talents.Capital
5 Talents Podcast - How To Build Wealth Through Real Estate
Axel Monsaingeon - One Three-Bedroom Apartment That Started It All; Prepping Your Mindset to Succeed in Real Estate
Our special guest for today is Axel Monsaingeon, a real estate investor, consultant, and podcast host. He is the Founder of Real Estate Effect, where he helps investors find and buy undervalued properties and turn them into investments with massive boosts in equity. He regularly shares his journey in the industry in his podcast, “The Very Real Estate Effect.”
He drops by in our podcast to talk about his journey from the Caribbean to Canada and from the corporate world to the real estate industry, where he realized that multifamily investing is a great source of passive income. Jumping into real estate requires a certain mindset shift that we also talk about in this episode.
Listen to Axel and learn to prep your mindset to achieve success in real estate!
[00:01 - 05:01] Opening Segment
- Let’s get to know Axel Monsaingeon
- He shares his journey from the Caribbean to Canada
[05:02 - 15:26] Support Systems in Real Estate Investing
- Axel talks about the early years of his real estate career
- What Axel do NOT want you to do as a real estate investor
- How he got tired of “scoring big...for someone else”
[15:27 - 25:39] Understanding Levers in Real Estate
- What are levers and why should you learn more about them?
- What passive investors should realize about “other people’s money”
- Assess right now how you spend your time, and here’s why
[25:40 - 35:24] Credibility Building and Capital Raising
- Choose the right partners with this advice
- Building your credibility to raise capital
- Why build your network now
[35:25 - 41:06] Closing Segment
- Where does success lie?
- Connect with Axel
- Links below
- Final words from Axel and me
Tweetable Quotes:
“In the morning, I think of my obstacles and like, ‘I’m gonna find a way...I’m gonna make it work...’ I actually don’t really know if I’m gonna make it work but I’m convincing myself.” - Axel Monsaingeon
“I will not chase. I [will] attract, and what’s meant to be will simply come to me.” - Axel Monsaingeon
Resources mentioned:
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Connect with Axel on LinkedIn, Facebook, and Instagram or check out Real Estate Effect to learn more about his work. Listen to his podcast online and on their social media pages: Facebook and Instagram
Guest email: monaxel@hotmail.com
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
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Email us --> abel@5tcre.com
