Get into the Real Estate Mindset with Eric Nelson

02/14/23 • 37 min

From engineering to creative real estate endeavors, Eric Nelson has found his groove in multifamily apartment investing. He uses his expertise to help new investors get into the real estate mindset. If you are hesitant about passively investing in real estate, Eric will encourage you to take action.

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Eric first got into the real estate investing biz by buying a house where he was going to college and renting it to his college friends. After a few more single family home investments, he bought a six unit multifamily apartment from a man putting up a “For Rent” sign and the rest is history!
Two hurdles for new investors in apartment investing is assuring them it’s not a pyramid scheme and then to help eliminate the fear of trying something new. What a lot of new investors don’t realize is apartment and real estate investing like this has been around for a long time but it was only accessible to the ultra wealthy. It’s how the rich earned most of their wealth.
When your investment is in the stock market, you don’t have access to the people who are running the companies you have stock in. You can’t ask them questions or get updates on what’s happening. When you invest in a real estate syndication, you have access to the very people who are managing it. You’ll get updates and get answers to all your questions.
It’s a good idea to understand the timeline of an apartment investment as it’s different from investing in the stock market.
What is the “worse case scenario” in an apartment investment?

QUOTES
“Be patient and don't be afraid to spread your money out over a couple deals.”

“Maybe you just want a little bit safer investment... that's kind of where I encourage people to step away from the traditional path of the 401K...believe in real estate .”
ABOUT ERIC NELSON
Eric has been investing in real estate since 2007 and for two years in larger multifamily apartments. Eric and his team at Wild Oak Capital offer investment opportunities in multifamily syndication. Eric is the host of the Real Estate Mindset podcast. He has found a passion for coaching and sharing tips to success.
CONNECT WITH ERIC
Website: wildoakcapital.com
Podcast: wildoakcapital.com/podcast

CONNECT WITH US
Learn more about passively investing in apartment buildings:
Website: hansenholdings.com
Free Webinar Training: hansenholdings.com/webinar
Schedule Call with Matt: Schedule Intro Call
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LISTEN FOR THIS

Eric first got into the real estate investing biz by buying a house where he was going to college and renting it to his college friends. After a few more single family home investments, he bought a six unit multifamily apartment from a man putting up a “For Rent” sign and the rest is history!
Two hurdles for new investors in apartment investing is assuring them it’s not a pyramid scheme and then to help eliminate the fear of trying something new. What a lot of new investors don’t realize is apartment and real estate investing like this has been around for a long time but it was only accessible to the ultra wealthy. It’s how the rich earned most of their wealth.
When your investment is in the stock market, you don’t have access to the people who are running the companies you have stock in. You can’t ask them questions or get updates on what’s happening. When you invest in a real estate syndication, you have access to the very people who are managing it. You’ll get updates and get answers to all your questions.
It’s a good idea to understand the timeline of an apartment investment as it’s different from investing in the stock market.
What is the “worse case scenario” in an apartment investment?

QUOTES
“Be patient and don't be afraid to spread your money out over a couple deals.”

Previous Episode

Your "Why" Will Drive Success with Jennifer Falloon

Inspiration for investing in real estate can come in many ways. In this episode, Jennifer Falloon talks about what led her and her family down this path and how they continue to capitalize on real estate investing opportunities. She shares her no-nonsense approach to building generational wealth.
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Jennifer’s reason “why” is one of the most compelling reasons to build a real estate investing business.
There is no problem “sleeping at night” when you’ve done your due diligence on an apartment investment. If there is a hurricane or fire, the building is insured. Also, everyone else involved in the buying process - the property management company, insurance company and lender - have all signed off on it being a good investment.
Jennifer takes a careful approach when evaluating the apartment investments she presents to investors, ensuring they're as safe as possible.
When looking at housing markets, it’s important to know that single family homes are in a completely different market than multifamily apartments.
Financial advisors are not telling you all the ways to build your wealth but only about the investments that build their wealth regardless if it does yours.

QUOTES
“You need to just get over that fear and turn that fear into an excitement.”
“If you have any dormant money at all, especially in old IRA and 401K accounts, you are losing money. You need to pull that out right now, put it in a self-directed account so it's a rollover — so it's non-taxable, and get it in real estate. I don't want to say ‘I told you so’ three years from now.”
ABOUT JENNIFER FALLOON
Jennifer is the owner of Vorsa Investments. She currently owns and operates over 900 apartment units nationwide. She partners with her investor to offer alternative investments outside of the stock market.

CONNECT WITH JENNIFER
Website: https://www.vorsainvestments.com

Next Episode

Heard it Through the Grapevine

Don’t just “wine” about it - invest! In this week’s episode, Keeley shares her fascinating endeavor of starting a vineyard and how it will impact the wine industry. Don’t miss hearing about this unique alternative investment opportunity — the juice is definitely worth the squeeze.

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Even though Texas is a top wine drinking state, there isn’t enough Texas grown grapes for a lot of wine to be made there. Keeley and her father Tracy, saw there was demand for Texas vineyards and now offers investors the opportunity to invest in them.
With vineyard syndication, the investor’s return is based on the appreciation of the value of the vineyards. Depending on the deal, this could include annual shares from the vineyard’s winery production and other products. This investment covers a long period of time and has been developed through careful research and development.
The vineyards will use the latest technology to grow and harvest. Hear about all the agricultural elements and processes that are put in place to grow wine grapes effectively.
The vineyards are helping to build a wine making legacy for Texas. As the vineyards grow, Keeley will also be expanding their services to help Texas winemakers.

QUOTES
“There are always curveballs in investing but people trust your leadership and your ability to execute a business plan and take care of people to the best of your ability and protect their money. So it is always about the person you're investing with more than the investment itself.”

“We're in an impact business. This is not just about making money. It really is about transforming lives and how people feel about themselves and their future.”
ABOUT KEELEY HUBBARD
Keeley Hubbard is a Managing Partner of Hubbard Capital Group and runs her real estate business with her fantastic father, Tracy. She is passionate about helping people gain financial peace of mind through unique investments like multifamily and Texas vineyards.
CONNECT WITH KEELEY
Website: www.keeleyhubbard.com
LinkedIn: www.linkedin.com/in/keeleyhubbard
Instagram: www.instagram.com/keeleyhubbard

Better Returns: Invest Like a Pro - Get into the Real Estate Mindset with Eric Nelson

Transcript

I'd like to welcome to the show Eric Nelson Eric has been investing in real estate since 2007 in the last two years he's really focused on large multi-family in his team at Wild Oak Chapel offer investing opportunities in multi-family apartment syndications and Eric is the host of the wildly successful real estate mindset podcast it's a great show check it out I think he's at 87 episodes already now and he has passion for coaching others and sharing tips for how to be successful real estate in