521: Leukemia & Bankruptcy to Retired with 250 Units in 7 Years

BiggerPockets Real Estate Podcast

BiggerPockets

Investing, Education, Business

4.8 • 16.6K Ratings

🗓️ 21 October 2021

⏱️ 72 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

People often tell each other to “stay positive” in light of grim circumstances or hard times. This consistent positivity can feel forced when going through something truly terrifying, but it’s exactly what helped Jeffrey Holst fight cancer, get out of bankruptcy, and retire in only seven years. Once Jeffrey committed to having no bad days, he was able to either change his day that was going poorly or see the positive in everything around him. This philosophy helped him spur on new relationships, find new partners, and close on deals creatively. It was never “we can’t close on this” for Jeffrey, it was “how can we close on this.” He uses what he likes to call the “sideways eight” strategy that allows him to have infinite returns when investing, all while giving his partners and private lenders a sizable profit. Jeffrey also talks about seeing the positive attributes of negative situations, and how he was able to leave his job as a lawyer and hit financial freedom due to his cancer diagnosis and later bankruptcy. If Jeffrey was able to dominate the multifamily market with an underwater net worth, think of what YOU can accomplish in the world of real estate investing! In This Episode We Cover: Buying properties without credit, money, or experience Creative financing strategies that allow you take tackle bigger and better deals Fighting cancer and using hard times to fuel your success Managing a portfolio of two-hundred and fifty units The “last life philosophy” and how it gives you a clear path to victory Syndicating on a small scale to close multi-million dollar deals Analyzing your market as a "boots on the ground" investor And So Much More! Links from the Show: Carlton Sheets Real Estate Course Infomercial Matt Faircloth's BiggerPockets profile Tony Robbins' Website Hal Elrod's Website Four Reasons to Invest in Real Estate episode on the Old Fashioned Real Estate Show hosted by Brian Levredge and Jeffrey Holst Feras Moussa of Disrupt Equity BiggerPockets Podcast 488: From 4 Units to 2,000 and Why Large Multifamily “Isn’t So Scary Whitney Sewell of Life Bridge Capital GoBundance BiggerPockets Podcast 004: Commercial Real Estate Investing With Frank Gallinelli BiggerPockets Radio Podcast 002: Starting Out with Karen Rittenhouse – Subject To, Direct Mail, and Investing from a Woman’s Perspective Generational Wealth with Dr. Tony Pennells episode on the Last Life Ever Podcast Akamai Coffee Website Mike Tyson's Website Arnold Schwarzenegger's Website Shaquille O'Neal's Profile Richard Branson of the Virgin Group Check the full show notes here: https://biggerpockets.com/show521 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	This is the bigger pockets podcast show 521.
0:03.1	The moment you take responsibility for everything in your life is the moment you can change anything in your life.
0:07.9	I love that quote. It's like radical responsibility. It's not my fault that I got leukemia,
0:13.3	but I still had to take responsibility for it. And I think that thoughts applied to real estate
0:18.0	is like, yeah, stuff's gonna happen. I mean, in the same with good and bad days, like good and bad
0:22.8	stuff's gonna happen to you no matter who you are, no matter what you do.
0:25.6	You're listening to bigger pockets radio, simplifying real estate for investors large and small.
0:32.5	If you're here looking to learn about real estate investing, without all the hype, you're in the
0:37.1	right place. Stay tuned and be sure to join the millions of others who have benefited from bigger pockets.com.
0:44.4	You're home for real estate investing online.
0:47.4	What's going on? It's Brad and Turner, host of the bigger pockets podcast here with my co-host
0:53.4	Mr. David, no bad days green. What's up, man? How you doing?
0:57.2	There you go. I'm good. I'm actually in Denver at bigger pockets headquarters right now
1:01.5	recording the podcast from ground zero fancy and I'm actually not in Denver, which is weird
1:06.6	that you're there and I'm not, but I came back home, but you and I were hanging out this past
1:09.4	few days. It was amazing. I love hanging out with you dude. It's like, I don't know, whenever we
1:12.8	get to hang out, I just walk away so refreshed. So you're good soul. I appreciate that because I was
1:17.4	about to say the same stuff about you, but now I will look like a D bag if I do that. So I will just
1:21.5	accept the nice things you said about me until everybody that if you ever get an opportunity to
1:27.0	hear Brandon speak and you don't do it, you will regret it for the rest of your life.
1:31.2	Mutual admiration society. Thank you dude. No, really, it's fun hanging out with you. So
1:35.7	and that's that I want to get into today's quick tip. You know what? Today's quick tip is really,
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from BiggerPockets, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of BiggerPockets and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.