Investment Real Estate Made Simple With Steven Pesavento

“I have the ability to be able to quickly build relationships and build trust, and when it comes to building a real estate business and be able to work directly with clients on a day to day basis, those pieces really come together.”

Steven Pesavento an investor and entrepreneur who’s built my investing business from the ground up. I went from zero to buying and & flipping over $22 million in real estate within my first two years in the business. That’s over 150 individual deals. He curates private investment offerings with expert operators across the country. Host of The Investor Mindset Podcast. He's an active investor who curates Commercial Real Estate Investments for clients at VonFinch Capital. He has raised $10’s of Millions of dollars, which has successfully cycled through multiple assets. Beginning in Single-Family as an operator he flipped over 200 houses in under 3 years. Expanding into Commercial he has focused on building a business around working with his ideal client - successful high-income earners like him who are seeking tax-efficient ways to grow their wealth.

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Brett:

I'm excited to bring on our next guest. He is out of the great state of Colorado. In fact, he's an entrepreneur and an investor himself, who's built his business from the ground up, he went from zero to buying and flipping over 22 million in real estate within his first two years in the business and that's over 150 individual deals his company has grown from discovering the investor mindset focused on rapid growth and modeling success. He has a book he has a lot to offer today. Please welcome the show with me, Steven, and I'm gonna let him pronounce his last name. Go ahead, Steven.

Steven:

It's?Steven Pesavento . Thanks for having me on.

Brett:

Excited to have you on. For our listeners who are getting to know you for the first time, would you give us a little bit about your stroke more about your story and your current focus?

Steven:

What we do is help investors passively invest in real estate. You get all the benefits without necessarily being in the driver's seat needing to learn how to manage and deal with all the tenant’s toilets, termites that typically go along with real estate. Getting Started, when I was a kid, I wanted to be one of two things. I either wanted to be a chef like Emeril Lagasse or I wanted to renovate houses, like Bob Vila, and after a career in management consulting, I set out to find something more passionate, find something that was both fulfilling as well as income producing and when you're making a ton of money in a career, and, and you're liking what you're doing, but you've I found myself in a place where I needed to find some answers, and so that's kind of what brought me on the journey, and about 10 years after reading Rich Dad, Poor Dad, I finally got started in real estate, and as you mentioned, flipped over 200 houses in about a two and a half year period, about 100 renovations, and since then have purchased over $75 million of real estate after this next deal, close will be about 150 million, and so we're focused in the multifamily sector, we help investors get involved and get access to 100 to 300 400, unit, apartment buildings, fractional ownership through syndication, and be able to start taking on all those benefitswe'll talk about that more, I'm sure.

Brett:

Steven, thanks so much, and for our listeners as well, and for myself I want you to go back and picture yourself in high school days And maybe the college days I think we've all been given certain gifts and talents and strengths in this life. Some people come with superpowers, some people call them strengths, I think their God-given gifts that are given to us to be a blessing help to others. I’m curious, what are those one or two strengths, or gifts that you believe you were given it? Has it helped you help and bless people today?

Steven:

My superpower is the ability to quickly and simply be able to take very complex topics and make them easy for people to understand, which is critical when people are getting involved in investment real estate because it's a complicated game. But it's actually quite simple. When you start understanding what are the different pieces you need to have to be able to build a great portfolio, and so I also had the fortune of moving every four years, and have the ability to be able to quickly build relationships and build trust, and when it comes to building a real estate business and be able to work directly with clients on a day to day basis, those pieces really come together, and it's one of the reasons?Von Finch ?is able to grow so quickly, and the reason people love investing with us because we make it simple to understand the investor mindset and how investors think and therefore how they can take action and start building that portfolio that really delivers them what they want that freedom, flexibility and worse having more fun. perfect love it by

Brett:

You can learn more about Steven at?InvestorMindset.com . Let’s dive right into the topic. Making investment real estate simple. What’s the number one secret Steven that you've learned, especially given this last year and a half, two years of rapid appreciation Lots of money chasing fewer and fewer deals that make a lot of sense. How are you making investments simple when it comes to some of these challenges that investors are finding?

Steven:

When it comes to getting involved in Real Estate, prices may be appreciated, but the value is still there. When we look at investing in real estate. One of the biggest benefits of real estate is the fact that it's one of the few investment options that we can leverage debt and we can leverage debt we not only increase our returns, we partner with the bank to go and buy bigger deals, but we actually leverage the tax benefits as well, and so that's a huge thing, and why is that so big? Because when you're able to make 12 to 17% return and you're able to collect those tax those gains tax-deferred, or potentially defer them forever, think about how you essentially nearly double the actual return that you're making. It’s one of the big benefits of real estate, and when it comes to making it simple, what we do is we go and find really great deals, and we do all the due diligence, and we put those deals together, we build a phenomenal operations team locally, with local managers and brokers and, and of course, operators, people who have experienced in that market to give us advice and actually execute our business plan.

We go out and we bring investors the opportunity to partner with us to invest small amounts of capital small being 50,000 or more into these large deals, and, and what makes it simple is that you don't have to be in the driver's seat, you don't have to be the person who is going to go on and buy that turnkey rental and try to believe that that's going to end up being the best path for you. Many of our clients have gone down that path of being operators, they've essentially gone out and bought some rental property, maybe they inherited some rental property, and they realize firsthand that it's not a business that's passive, you might be receiving income. But even with management in place, you still have to make decisions, and that's one of the reasons why passive real estate investing is so beneficial. There are about five other big benefits that I'm happy to talk through. But that's one of the big ones.

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