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The Intrinsic Value Podcast - The Investor’s Podcast Network

REI162: The Power of Mindset w/ Jeff Higgins

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Education, Investing, Business

4.6592 Ratings

🗓️ 6 February 2023

⏱️ 66 minutes

🧾️ Download transcript

Summary

Patrick Donley talks with Jeff Higgins about building a self-managed portfolio, managing remote rentals, and his learnings from being a men’s success coach. Jeff is a real estate investor with a portfolio of 87 units — 57 in Massachusetts and 30 in Florida. He self-manages his properties and is also a licensed broker in both states. He also works as a men’s success coach for the Fraternity of Excellence, where he helps men find their inner strength and counsels them on their finances. IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro 05:15 - How Jeff became involved with the Fraternity of Excellence and men’s success coaching. 07:27 - What his inspiration to invest in real estate was. 16:41 - What entering the Florida market has been like. 27:43 - How he trained his handyman to handle property management. 29:02 - Why he prefers Section 8 rentals. 35:01 - How he self-manages 87 properties in two different states. 42:25 - Why the poem “If” by Rudyard Kipling is his favorite poem to learn to be mentally strong. 52:54 - What the most common mental barriers holding people back are. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Robert’s book The Everything Guide to House Hacking. Rich Dad Poor Dad by Robert Kiyosaki. Richer, Wiser, Happier by William Green. The Confident Mind by Dr. Nate Zinsser. How I Turned $1000 into Five Million in Real Estate by William Nickerson. How to Make Money in Stocks by William O’Neil. Fraternity of Excellence. If by Rudyard Kipling. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Connect with Patrick (@jpatrickdonley): Twitter Connect with Jeff: Website | Twitter | Instagram Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TIP. I was a terrible student, and I want to emphasize that because my story

0:06.1

with real estate and the message I want to share to people is that I am the most regular guy

0:11.2

you won't meet. There is no other field where I could have been this successful. It's like real

0:15.5

estate is the path for the regular guy. Hey guys, in this week's episode, I sat down to talk with Jeff Higgins about building

0:24.8

the self-managed portfolio, his tips for managing his rentals remotely from Florida, his

0:29.5

preference for Section 8 tenants, the mental toughness lessons from the poem If by Rudyard

0:33.7

Kipling, and his biggest learnings from being a men's success coach. Jeff is a real

0:37.9

estate investor with their portfolio of 87 units, 57 in Massachusetts, and 30 in Florida. He self-manages

0:44.5

these properties and is also a licensed broker in both states. He works as a coach for the fraternity

0:49.9

of excellence where he helps men find their inner strength and counsels them on their finances.

0:54.5

I really enjoyed hearing about Jeff's real estate journey, but his thoughts on men's coaching,

0:58.7

mental toughness, and his reading of the poem If by Rudyard Kipling were particular highlights

1:03.1

for me. And so, without further delay, let's jump into this week's episode with Jeff Higgins.

1:12.4

You are listening to Real Estate 101 by the Investors Podcast Network,

1:17.4

where your hosts Robert Leonard and Patrick Donnelly interview successful investors

1:21.5

from various real estate investing niches to help educate you on your real estate investing journey.

1:35.5

Welcome to the Real Estate 101 podcast. I'm your host, Patrick Donnelly, and with me today

1:40.2

is a guest who I've just met on real estate Twitter. He self-manages 87 properties in two different states, Massachusetts and Florida. And he's also involved in coaching for men. I want to welcome to the show, Jeff Higgins. Jeff, welcome to the show. Hi, Patrick. Thanks so much for having me. I'm really excited to be here. Love the podcast. Like I have with many of our guests on real estate Twitter, you and I connected, and I wanted to learn more about how you're self-managing 87 properties, and then I also wanted to hear more about the coaching for men that you do. But before we dive into all of that, since it's the start of the new year, it's January 6th as we're recording this, I wanted to talk about goals and resolutions. Tell us a little bit about your involvement as a men's success coach.

2:19.4

And since it's the beginning of a new year, what you recommend or personally practice

2:23.1

in terms of annual goals or end of year reviews?

2:27.0

2023 is just beginning.

2:28.5

And my personal goals are to make it my best year ever because 2022 was my favorite year I've

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