The BetterLife Podcast: Wealth | Real Estate Investing | Life
He Makes $1M/Year with “Banned” Short-Term Rentals | Jude Jean Paul Bernard
Aug 6, 2024
Jude Jean Paul Bernard, a real estate investor and philanthropist who has transacted over $100 million in NYC properties, shares his incredible journey. He reveals how he turned student loans into his first property investment and thrived in the short-term rental market amidst city regulations. Jude opens up about the pivotal moments that shaped him, including a life-altering arrest and overcoming gambling addiction. He emphasizes the importance of financial literacy, innovation in real estate, and fostering community through his nonprofit, the Brooklyn Bank.
01:03:51
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Quick takeaways
- Jude Bernard emphasizes the importance of perseverance in real estate investing, underscoring that true success stems from trusting the process rather than seeking instant results.
- The podcast highlights the critical need for thorough tenant screening, as Jude's early experience with a problematic tenant taught him invaluable lessons in real estate management.
Deep dives
Trusting the Process
Trusting the process is crucial for success, as many people often feel disappointed halfway through their journeys. The podcast emphasizes that real estate investing, like any worthwhile endeavor, requires perseverance to reap the rewards at the end. It highlights that even though the concept may seem cliché, the journey itself is what leads to profound personal growth and achievement, not just the destination. This mindset fosters resilience and determination, encouraging listeners to push through challenges to realize their full potential.
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