How Do I Defer Capital Gains Tax And The Why Of A Deferred Sales Trust With Jen Maldonado
Brett Swarts
Amazon best selling author of Building a Capital Gains Tax Exit Plan, Closed over ? Billion in Deferred Sales Trust + Real Estate, and Founder of Capital Gains Tax Solutions
"It was about taking action for me and being willing to learn and make mistakes. Because for any real estate investor, if you don't make mistakes, you're not going to learn you're not going to play big."
Jen Maldonado is a coach, she is an author, she is from the great state of Puerto Rico as well, is now in Southern California. And she's going to teach us a little bit more about real estate investing and about how to take massive action and how to syndicate deals and really just build your dream versus maybe building just someone else's dream.
Click on the video below:
Brett:
I'm excited about our next guest. She is a real estate expert. She's a syndicator. She is a coach, she is an author, she is from the great state of Puerto Rico as well, is now in Southern California. And she's going to teach us a little bit more about real estate investing and about how to take massive action and how to syndicate deals and really just build your dream versus maybe building just someone else's dream. Right. And so this I'm excited to welcome our next guest, Jen model to the show. Hey, Jen, how are you doing?
Jen:
I'm doing great. What about you, Brett?
Brett:
Hey, better than I deserve. Thanks for being here. Would you give our listeners a little bit about your background and your current focus?
Jen:
Yeah, definitely. Well, right now I am that raising capital. That's why I have been focusing on syndicating deals. But it has started on my let's say corporate job when at some point in my life, I was going to get one of the biggest promotions, but I didn't want that kind of lifestyle. And I ended up talking to my brother. And he recommended a couple of books to read about it. And as soon as I read, I call it the purple Bible and reached out for that dad book. I knew that real estate was my path. And I went to classes and got educated. And after that, I just jumped into action. I will say that right there. I remember taking my first two months of coaching and in my third month, my goal was to close a deal. And that's how I started with a duplex in Burbank, California. That was my first deal where I bought my duplex with my 401k. But I didn't have an idea about real estate at all. And for me, the closest I got to real estate before 2012 I was playing Monopoly with my dad, and probably we were in junior high school. So by the time that 2008 comes, I don't have an idea what's happening with real estate. I just knew that a lot of people got heard of that process. And I was lucky that I got into 2012. And I started getting educated in the best years right away during that time frame to invest in real estate. Yes, it was part lucky. But also it was about taking action for me and being willing to learn and make mistakes. Because for any real estate investor, if you don't make mistakes, you're not going to learn you're not going to play big. And that's something that for me was a little bit challenging. But literally, I come from an engineer brat background, the corporate world on a small island, and forwarded code to Los Angeles, California to learn how to deal with real estate escrow companies. So and learn how to put money together. Because yes, you make a little bit of money. But California is really expensive. And if you're leaving here, and you're starting, it is a little bit challenging to be on your own and trying to invest in real estate. So quickly, I learned that working with other people in real estate was going to be one of the key strategies for me to be successful and accelerate my results. But that's a little bit about what happened with me in the real estate world.
Brett:
I love that what a story and what a journey and looking forward to diving into that. And I'm curious, though, before your success as a real estate syndicator, you know, operator, coach, author, who was Jen growing up, and not so much, just who but more. So I want you to think of the time when you were growing up, and maybe that gift that you were given. And in fact, I think we're all been given a certain gift in this life, you know, at least one maybe, maybe a few. But what is that one gift that is the best gift? Maybe that you feel you've been given? And how does that help how you help people today?
Jen:
Oh, wow, that? That's an awesome question. I was saying that one of the things that was given to me was the gift of putting people together and creating something great. It didn't matter what we had to deal with. I understood the power of bringing people together. And when you do that, you're creating teams, you're creating communities, you're creating syndications, you're at creating. You name it, you're creating solutions to Vegas, to the bigger biggest problems. And for me, real estate was about solving problems more than anything else. And I think that skill of leadership and understanding the value of people's minds, hearts, and soul, allow me to not only raise at this point, for projects, probably like, at this moment, I think we are around $80 million. But it allowed me to do that. But also allow me to create communities like the renters-buyers that we are now 7000 members, women investing in real estate across Nate, I mean, nationwide.
Brett:
Amazing. Yeah. Amazing. I love that Jen. Yes. Being willing to learn and make mistakes is what you learned before. But then uniting people and bringing them together. is absolutely a gift, right? And sometimes we don't know, we have this gift until we're actually using it right for big challenges, right? You might know, you know, on a smaller scale, but then you go off on your own and you're Oh, this actually, I can make this work to this gift can bless other people. I can bring everyone together, especially syndications, which can get kind of complicated, right, with money and wealth, and so $80 million. That's amazing. With that, I'm curious. What's the most rewarding part of what you do?
Jen:
Well, there are multiple of them, I'm going to tell you, the first one, when I started was to give back the shake to an investor because I never saw that amount of money. And the guy said the same thing. And I felt very proud that I played on that specific moment because I knew that this wasn't only about the money that I helped them make. But also, we were about to change your life. These are people that were looking to do the same thing, I did leave my corporate job and become passive investors. And I was helping them to have more time to spend with their family. So that was one of the most rewarding things and the people like crying. And it's like, especially for women, you know, we tend to be very emotional. It was an amazing experience. That's one of the biggest rewarding things. But the second thing is, I have seen, for example, me teaching other people how to raise capital, how it has shifted their lives, their businesses that they become from not being able to do one deal to do three or four people that we're doing three deals to do now. 12 deals a year. So seeing that process of growth, and knowing that you put a seed that helps them grow as human beings, but also as really bad as real estate investors. That's something that it's hard to explain, but it just fills. Right. Right. It just fills you and you know that it doesn't matter how much money you raise, how much money you make for other people, that filling doesn't have any price. And I think that has been my driver, being able to plant that seed in multiple people's life and yes, in the real estate arena. But what I teach them is literally how to remove from the mindset, concept, everything that is stopping them from getting what they want, and having good motivators to drivers to how do you do it technically because that's really important. But that psychology first portion will be critical for the other 20% that I will be sharing with them. But that portion for me has been the most rewarding teaching and planting those seeds in their lives and businesses.