When things are going good, I hit it. When things are going bad, I run and that's how I do with everything. It's fun, it's an obsession. Similar to poker or gambling. When I'm winning, I lean in really hard but I hate losing. Losing is painful to me. Whenever I'm losing in anything, I run away instead of trying to double down and get my loss back,. I just run. That put you ahead of a lot of investors certainly in 2022 because big losses came on the table that year and I wasn't taking any. Most other times I'm looking for longs, it's easier to make money longs and shorts.
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.
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