How Did the Real Estate Bug Come About?

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CNN's John Defterios talks about his new job as a real estate consultant in Israel. He says he didn't touch real estate until he moved to phoenix and joined store, which functions like a private equity type of credit place. After two years at edi yishava when did the real estate bug but you like how did that come about? You know i'll definitely put uh that post in the show notes and so people can read it on their own if they'd like because it was very good.

Patrick Donley chats with Aleksey Chernobelskiy about his transition from the corporate real estate world to going out on his own as an investor and advisor. Aleksey also talks about why a Sam Altman blog post on how to be successful deeply impacted him, what it was like immigrating to the U.S., the importance of 1% improvements in any area of life, how to network successfully, what it was like managing thousands of properties during the pandemic, and much more.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

03:02 - What his struggles were like for him after moving to the U.S. from Russia.

09:26 - Why he chose to get four degrees in undergrad.

10:28 - Why he chose to focus on his strengths rather than his weaknesses?

16:40 - What it was like managing 2500 properties during the pandemic.

18:45 - How he thinks of higher education and why many careers don’t require college today.

18:45 - Why he stresses the importance of relationship-building and networking.

20:56 - Ideas on how to network successfully.

24:46 - Why it’s important to understand the power of compounding.

31:35 - How a Sam Altman blog post made a huge impact on him.

33:31 - Why his two years in Israel was profoundly life-changing.

33:31 - What it was like working at publicly traded REIT, Store Capital.

36:48 - Understanding what a sale leaseback is.

48:58 - What his best advice is for someone moving into the world of entrepreneurship?

53:11 - How he is splitting his time now that he has left the corporate world.

53:11 - Why he thinks office space may be an asset class worth looking at further.

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.
The Everything Guide to House Hacking by Robert Leonard.
Sam Altman blog post.
Deep Work by Cal Newport.
Never Split the Difference by Chris Voss.

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