Elevate with Tyler Chesser - The Real Estate Podcast for Investing, Mindset and Personal Development
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E281 Daniel Holmlund - Attain Your Real Estate Investing Goals Consistently By Optimizing Mindset, Strategy and Investment Analysis
Manage episode 352108066 series 3421207
High-income, busy professionals who dream of time and financial freedom seek wealth-building ventures to secure their future. Many go into real estate investing to pursue their financial and life goals. Our guest today, Daniel Holmlund of Good Samaritan Capital is pursuing that path and is living the life of a full-time working professional and a real estate investor.
While an engineer for Intel, Daniel founded Good Samaritan Capital, an investment firm specializing in multifamily acquisitions. He believes that everyday working professionals can achieve financial freedom through real estate investing. Listen to how he attained his real estate investing goals consistently through grit and determination. Learn how he optimized his mindset, improved his strategy and extensively studied investment opportunities to analyze potential to bring his firm to success.
Key Points from This Episode:
- Daniel shares his personal background, family upbringing, and his inherited entrepreneurial spirit.
- Daniel talks about his professional career path and his first real estate investment right out of college.
- How Daniel became a Europe-based hard money lender to real estate investors in the US.
- Daniel shares experiences and lessons learned from the 2008 crisis
- How Daniel got himself into the real estate syndication business
- Why and how Daniel started Good Samaritan Capital.
- The factors that enabled Daniel’s company to hit its goals and achieve growth consistently.
- Daniel’s business strategy amidst the current economic and market conditions.
- Daniel’s projections on the real estate market for 2023 and beyond.
- What are the key indicators of a multifamily apartment investment viability?
- How does Daniel manage emotions and stressful situations as a real estate investor?
- Daniel answers the Rare Air Questionnaire
Tweetables:
“Character is revealed when times are hard.” - Daniel Holmlund
“You are going to get back what you put out to the world.” - Daniel Holmlund
“Pick a goal and go after it no matter what.” - Daniel Holmlund
“Anytime that there's fear within the market and uncertainty, you can't predict the future as easily.” - Daniel Holmlund
“You have to go out and be effective. You have to touch people's lives. You have to give your best always.” - Daniel Holmlund
“Give value and do right with your investors. Do that and they'll stick with you.” - Daniel Holmlund
“Know that you're going to have to do it again, and again, and again, and again. Once you break your first mental barrier, you've got the next one lined up right behind it.” - Daniel Holmlund
“Always look for predictability, diversification, and the ability for people to be able to afford the product that you're selling.” - Daniel Holmlund
“The idea behind being an investor and being a Good Samaritan investor is that you are improving yourself so that you can help others improve themselves. And that never ends. Once you break through your barrier, you've got to level up your game and break to the next.” - Daniel Holmlund
“Debt that brings cash flow is your friend in high inflationary environments.” - Daniel Holmlund
Links Mentioned:
Good Samaritan Capital website
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