Redefining Real Estate Investing: Insights from Nick Stageberg of Black Swan Real Estate

06/21/23 • 65 min

In this episode, we sit down with Nick Stageberg, owner of Black Swan Real Estate, a thriving investment and property management firm. Nick shares his inspiring journey to financial independence in his 30s and his mission to help others achieve the same. With a portfolio of over a thousand doors and assets exceeding $300 million, Nick emphasizes the power of adding value to properties through renovations and attracting ideal tenants. Discover how Black Swan's investor-focused private equity funds have delivered exceptional returns while maintaining a commitment to social consciousness through charitable donations. Join us as Nick unveils the unique Vertical Integrated strategy, shares insights on tax advantages, and emphasizes the importance of trustworthy partnerships.

Learn how strategic real estate investing can pave the way to financial independence and success. Tune in now!
Links Mentioned:

meetblackswan.com

Nick Stageberg’s Bio:

Nick Stageberg is a career technologist, father to 4 children, and Owner of Black Swan Real Estate, a real estate investment and property management company. Along with his wife Elaine, Nick owns and manages a real estate portfolio of over 1,000 doors and more than $300M in assets under management. Through real estate investing, Nick reached financial freedom in his 30s and now helps others to do the same. Black Swan has delivered exceptional returns to hundreds of passive investors through their unique investor-focused private equity funds which enjoy no sponsor fees whatsoever, 100% return of capital to investors before any splits, and long-term returns and tax advantages, all coupled with socially conscious investing and at least 5% of profits donated to charity. Connect with Nick at meetblackswan.com.

Tweetables:

“I don't know why this is a revolutionary thought, but doing the right thing is actually the profitable thing to do.” (16:06)

“If this was just about making money, this would not be interesting to us. This is about so much more than money.” (42:12)

“If you take care of homeless people, the whole neighborhood does better. If you give homeless people a home, they're not homeless anymore.” (44:37)

“If you lead with principle, if you lead with your heart, it's very easy to serve people.” (48:28)

The main sponsor of our podcast is Rx Real Estate Investment. They make everything we do possible, and our conversations and interviews would not be available without their support. If you want to diversify your retirement portfolio and get into commercial real estate investing, working with Rx Real Estate Investment may be a great match for you. Check out the website at www.rxrei.com.

Connect with us!
Jeff Stark
Claude Condo
Newsletter

Learn how strategic real estate investing can pave the way to financial independence and success. Tune in now!
Links Mentioned:

meetblackswan.com

Nick Stageberg’s Bio:

Tweetables:

“I don't know why this is a revolutionary thought, but doing the right thing is actually the profitable thing to do.” (16:06)

“If this was just about making money, this would not be interesting to us. This is about so much more than money.” (42:12)

“If you take care of homeless people, the whole neighborhood does better. If you give homeless people a home, they're not homeless anymore.” (44:37)

“If you lead with principle, if you lead with your heart, it's very easy to serve people.” (48:28)

Connect with us!
Jeff Stark
Claude Condo
Newsletter

Previous Episode

Tale of Transformation: From Federal Reserve Exec, to Self-Storage Investor, with Sergio Altomare

In this episode, Sergio Altomare shares his journey from working at the Federal Reserve to becoming a successful real estate investor. He started as a file clerk and developed a passion for IT and technology. He transitioned into real estate investing with a focus on self-storage due to its recession resilience. He emphasizes the importance of cash flow and net worth in property investments and discusses the significance of strategic decision-making and building strong relationships. He also highlights the importance of stress tolerance, mindful habits, and eliminating ego to scale his business. His long-term vision includes building an elite company and launching a charitable organization focused on education.

Links mentioned:
BlinkistLinkedIn – Sergio Altomarehfirecapital.com
investwithsergio.comSergio Altomare’s Bio:
After transitioning into real estate as a side business in 2012, Sergio partnered with his wife Corinn to start Healthfire Holdings, a boutique real estate investment and property management company. In just eight short years, Hearthfire Holdings has built a portfolio of more than $50M in assets under management and syndicated over $12M in assets, returning more than $2M in profit and 25% IRR to investors. Property types have spanned in small multi-family, commercial, retail, and self-storage properties. Sergio has also flipped houses and rehabbed properties and multi-family developments.
Tweetables:

“I give 100% to every aspect of my life. And it starts with taking care of myself and my intentionality. My meditation, my faith, that goes into making sure that I am paying attention to what is most important.” (41:33)

“Money is not most important. Most important is our purpose. Our biggest purpose in our household is to share impact, whether it be for our team, whether it be for our investors, to help people be exposed to investing, to building wealth for the entire life” (42:01)

“We don't define wealth in terms of just net worth. It's about having a fulfilling, intentional life where you're able to have that purpose, follow your passions, be where you're at, where your heart is at.” (42:29)

“but it's really about understanding your passions and what drive you.” (46:34)

Connect with us!
Jeff Stark
Claude Condo
Newsletter

Next Episode

From Psychiatry to Real Estate: Building Wealth and Impact with Dr. Elaine Stageberg.

In this episode, Dr. Elaine Stageberg, a psychiatrist and mother of four, shares her inspiring journey to financial independence through real estate investing. From converting her primary home into a rental property to establishing Black Swan Real Estate, she now manages a third of a billion in assets. Driven by an investor-focused approach and a commitment to transparency, she emphasizes continuous learning, leadership development, and maintaining grace and humor. Join us as we delve into her remarkable story, highlighting the power of determination and the vast potential of real estate investment. Tune in to gain insights and inspiration for your own financial journey.

Links mentioned:

The Rate Guy

The Real Estate Espresso

meetblackswan.com

Dr. Elaine Stageberg’s Bio:

Elaine Stageberg, MD, MHA is a psychiatrist, mother of 4, & Owner of Black Swan Real Estate. She owns & manages a portfolio of over $300M in assets under management. Through real estate investing, she reached financial freedom in her 30s and now helps others to do the same; Black Swan has delivered exceptional returns to hundreds of passive investors through their unique investor-focused private equity funds which enjoy no sponsor fees whatsoever, 100% return of capital to investors before any splits, and long-term returns and tax advantages, all coupled with socially conscious investing and at least 5% of profits donated to charity. Connect with her at meetblackswan.com.
Tweetables:

“How can I learn from this pain and how can I structure my life such that I don't feel this pain anymore?” [00:08:48]

“So if you’re feeling pain, like ask yourself, what is this pain trying to teach me?” [00:10:39]

“You just show up and say, how can I get a foot closer to my, my ideal future vision every single day?” [00:14:50]

“Live today like no one will so that later you can live like no one can.” [00:20:04]

“But it’s really not that far if you just choose to have a little bit of short-term pain in exchange for the long-term pain.” [00:20;57]

Connect with us!
Jeff Stark
Claude Condo
Newsletter

Rx Investor Podcast - Redefining Real Estate Investing: Insights from Nick Stageberg of Black Swan Real Estate

Transcript

Jeff Stark (RxREI.com):

All right, friends and family! Welcome to another episode of the Rs Investor Podcast. Glad to have you here with us today. My name is Jeff Stark. We also have Claude Condo in the house as usual. Claude, how are you doing today?

claude condo:

Good man, feeling blessed and this weekend, it's a memorial weekend. So spend time with family and go do some great activities with kid and wife. So it's exciting.

Jeff Stark (RxREI.com):

That's awesome