Achieving Massive success by saying, "YES!" with Dr. Elaine Stageberg
Join Steve and Elaine Stageberg, CEO of Black Swan Real Estate, as she shares her story of morphing from opposition to taking action and gaining massive success. Elaine shares her reluctance to the idea of having her home rented out, believing that doing real estate investing is a risky decision. But that one bold yes of trying it for a year turned out to be a success as they were getting cash flow from the property when she left her job to pursue medicine. From there, they invested purposefully, saved up all the money they could, and did a cash-out refinance; fast forward to today, having a $330 million asset management. She shares that the secret to success is stellar communication, finding mentors, and a yes lifestyle. If you want to learn more about how Dr. Elaine scaled their business, tune in to this episode and enjoy!
Outline of the episode:
· [00:01] Intro
· [01:29] How she got started in real estate
· [05:16] How they’ve been able to do so much in such a short time.
· [07:48] Vertical integration
· [11:37] Building things together with your spouse
· [16:58] The importance of having a shared goal.
· [22:02] Don’t try to time the market
· [25:31] The importance of having a long-term view of the future.
· [30:12] How to harvest equity over and over with cash-out refinance
· [35:18] Finding win-win opportunities
· [39:05] Fire round
About Elaine Stageberg
One of entrepreneurship's premier presenter, investment leader, and real estate expert, Dr Elaine Stageberg is a psychiatrist, mother of four, and mentor to physicians from all walks of life.
Elaine’s own journey to financial and lifestyle freedom has been nourished by an unwavering passion for empowering families. She believes that real estate investing can—and should—create good for not only investors, but also for the communities of people who live in these investment properties.
Elaine’s gift for seeing infinite opportunities for win-win scenarios has blazed a trail for innovation in property management, private equity funds, and ethical real estate development.
Today, she works with working professionals in a growth mindset to guide them through the complex knowledge domain of real estate investing and inspire them to embrace the practicality and mindset needed to take action. Elaine shows her audiences how to turn paychecks into prosperity so that they can live a full life and launch their legacy.
Dr Elaine Stageberg is co-CEO with her husband Nick at Black Swan Living, actively managing more than $200M in long-term residential real estate, ranging from single family homes to large multifamily communities, and Black Swan Real Estate, which recently launched Fund I, raising over $14M in a single day. Her flagship course Single Family at Scale* shows you how to build a portfolio, and shares best practices and lessons learned in personally growing $45mil+ in ten years. 100% of the pay-what-you-can model supports charitable causes through The Stageberg Foundation.
Resources:
● Hawaii Millionaires Mindset Blueprint
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