Pillars Of Wealth Creation

Join us as we explore some of the most common mistakes in syndication deals and how to avoid them. Aleksey Chernobelskiy shares valuable lessons on navigating limited-parter investing pitfalls, helping you make more informed investment decisions. We also discuss essential questions LPs should ask their General Partners (GPs) to ensure transparency and alignment in their investment strategies. Pillars 1. Invest in your self/education 2. Invest in an index fund 3. Invest in private equity space Podcast: Founders by David Seneca Aleksey Chernobelskiy advises limited partners (“LPs”) on existing and future investments. He writes weekly to 4,000 investors at www.LPlessons.co to explain how to properly vet and think about LP investments in the grand scheme of their portfolios. Aleksey also helps General Partners on matters relating to LPs, such as capital calls or feedback on investment decks. Prior to advising LPs, Aleksey ran STORE Capital’s $10 billion commercial real estate portfolio and oversaw the firm’s underwriting team. Aleksey graduated from University of Arizona with a quadruple major – Finance, Mathematics, Economics, and Accounting. Recommended articles: Top 15 syndication mistakes - www.lplessons.co/p/top-15-syndication-mistakes 26 questions to ask your GP - www.lplessons.co/p/26-questions-to-ask-your-gp Do sunk costs matter in capital calls? - www.lplessons.co/p/do-sunk-costs-matter-in-capital-calls Find Aleksey: LinkedIn: http://www.linkedin.com/in/chernobelskiy Twitter : https://twitter.com/chernobelskiy Weekly newsletter (LP Investing Lessons): http://www.lplessons.co Welcome to Pillars of Wealth Creation, where we talk about building financial freedom with a special focus on business and Real Estate. Follow along as Todd Dexheimer interviews top entrepreneurs, investors, advisers, and coaches. YouTube: www.youtube.com/c/PillarsOfWealthCreation Interested in coaching? Schedule a call with Todd at www.coachwithdex.com Listen to the audio version on your favorite podcast host: SoundCloud: https://soundcloud.com/user-650270376 Apple Podcasts: https://podcasts.apple.com/.../pillars-of.../id1296372835... Google Podcasts: https://podcasts.google.com/.../aHR0cHM6Ly9mZWVkcy5zb3VuZ... iHeart Radio: https://www.iheart.com/.../pillars-of-wealth-creation.../ CastBox: https://castbox.fm/.../Pillars-Of-Wealth-Creation... Spotify: https://open.spotify.com/show/0FmGSJe9fzSOhQiFROc2O0 Pandora: https://pandora.app.link/YUP21NxF3kb Amazon/Audible: https://music.amazon.com/.../f6cf3e11-3ffa-450b-ac8c...

Throughout Dex’s 16 years as a real estate investor, he has made countless mistakes and has observed others do the same. Out of those mistakes, there are 6 that stick out as the most commonly made mistakes. Learning from others won’t keep you from making your own mistakes, but could keep you from making a critical mistake that will lose your money. Welcome to Pillars of Wealth Creation, where we talk about building financial freedom with a special focus on business and Real Estate. Follow along as Todd Dexheimer interviews top entrepreneurs, investors, advisers, and coaches. YouTube: www.youtube.com/c/PillarsOfWealthCreation Interested in coaching? Schedule a call with Todd at www.coachwithdex.com Listen to the audio version on your favorite podcast host: SoundCloud: https://soundcloud.com/user-650270376 Apple Podcasts: https://podcasts.apple.com/.../pillars-of.../id1296372835... Google Podcasts: https://podcasts.google.com/.../aHR0cHM6Ly9mZWVkcy5zb3VuZ... iHeart Radio: https://www.iheart.com/.../pillars-of-wealth-creation.../ CastBox: https://castbox.fm/.../Pillars-Of-Wealth-Creation... Spotify: https://open.spotify.com/show/0FmGSJe9fzSOhQiFROc2O0 Pandora: https://pandora.app.link/YUP21NxF3kb Amazon/Audible: https://music.amazon.com/.../f6cf3e11-3ffa-450b-ac8c...

Don’t just look at the returns; understand what you are investing in. Jeff and Dex discuss the need to understand the metrics and KPIs of each investment, the importance of diving into the team, and truly understanding what an investment opportunity is made of. Your own due diligence is just as important as the sponsor's due diligence. 3 Pillars: 1. Putting your money to work 2. Consistency 3. Due Diligence Book: Hands off Investor by Brian Burke Jeff Greenberg is the CEO and Founder of Synergetic Investment Group. With nearly 20 years in real estate, including 13 years as a multifamily syndicator, Jeff now considers himself a recovering syndicator. He currently manages two customizable, diversified private equity funds, SIG Wealth Funds. These funds are invested in over 2,000 multifamily units, 500 mobile home park spaces, 74 short-term rental homes, a debt fund, and more than 5,000 Bitcoin miners. Jeff is dedicated to sourcing and presenting high-quality investment opportunities, managed by top-tier operators, to Synergetic's investors. You can connect with Jeff at jeff@synergeticig.com / Free Bee: Questions to ask before you invest with a sponsor: sigcre.com/sponsor Welcome to Pillars of Wealth Creation, where we talk about building financial freedom with a special focus on business and Real Estate. Follow along as Todd Dexheimer interviews top entrepreneurs, investors, advisers, and coaches. YouTube: www.youtube.com/c/PillarsOfWealthCreation Interested in coaching? Schedule a call with Todd at www.coachwithdex.com Listen to the audio version on your favorite podcast host: SoundCloud: https://soundcloud.com/user-650270376 Apple Podcasts: https://podcasts.apple.com/.../pillars-of.../id1296372835... Google Podcasts: https://podcasts.google.com/.../aHR0cHM6Ly9mZWVkcy5zb3VuZ... iHeart Radio: https://www.iheart.com/.../pillars-of-wealth-creation.../ CastBox: https://castbox.fm/.../Pillars-Of-Wealth-Creation... Spotify: https://open.spotify.com/show/0FmGSJe9fzSOhQiFROc2O0 Pandora: https://pandora.app.link/YUP21NxF3kb Amazon/Audible: https://music.amazon.com/.../f6cf3e11-3ffa-450b-ac8c...

Effective communication is the key to successful and long-term business growth. It’s something that Dex struggled with for over a decade and still struggles with to this day. It’s easy to assume people have the information they need, but if you’re not clear, consistent, and concise, you’re only going to disappoint. Communication is telling or writing information clearly, asking good and detailed questions, and lastly listening - just shutting up and actively listening. Welcome to Pillars of Wealth Creation, where we talk about building financial freedom with a special focus on business and Real Estate. Follow along as Todd Dexheimer interviews top entrepreneurs, investors, advisers, and coaches. YouTube: www.youtube.com/c/PillarsOfWealthCreation Interested in coaching? Schedule a call with Todd at www.coachwithdex.com Listen to the audio version on your favorite podcast host: SoundCloud: https://soundcloud.com/user-650270376 Apple Podcasts: https://podcasts.apple.com/.../pillars-of.../id1296372835... Google Podcasts: https://podcasts.google.com/.../aHR0cHM6Ly9mZWVkcy5zb3VuZ... iHeart Radio: https://www.iheart.com/.../pillars-of-wealth-creation.../ CastBox: https://castbox.fm/.../Pillars-Of-Wealth-Creation... Spotify: https://open.spotify.com/show/0FmGSJe9fzSOhQiFROc2O0 Pandora: https://pandora.app.link/YUP21NxF3kb Amazon/Audible: https://music.amazon.com/.../f6cf3e11-3ffa-450b-ac8c...

Understanding why you want to build wealth, allows you to create a business that fits around your life and desired outcomes. Melanie and Dex discuss creating trust, building relationships, and being authentic. 3 Pillars: 1. Time Freedom 2. Community 3. Love of all things Book: The Power of Now by Eckhart Tolle As a Manager of Freestyle Fund, Melanie oversees a customizable fund offering a diversified portfolio of commercial real estate assets. She takes her role as a steward of investor capital seriously, personally knowing each individual investor and prioritizing these relationships as the fund steadily grows. A U.S. Navy Veteran and former law enforcement officer, Melanie transitioned to real estate entrepreneurship to build wealth and fulfill a larger purpose. Passionate about personal development, she believes that life is meant to be enjoyed. Melanie firmly believes in abundance and that it is accessible to everyone. Helping others through sound investing brings her great fulfillment. You can connect with Melanie on Instagram: freestylecapitalgroup or melanie_travelgal Welcome to Pillars of Wealth Creation, where we talk about building financial freedom with a special focus on business and Real Estate. Follow along as Todd Dexheimer interviews top entrepreneurs, investors, advisers, and coaches. YouTube: www.youtube.com/c/PillarsOfWealthCreation Interested in coaching? Schedule a call with Todd at www.coachwithdex.com Listen to the audio version on your favorite podcast host: SoundCloud: https://soundcloud.com/user-650270376 Apple Podcasts: https://podcasts.apple.com/.../pillars-of.../id1296372835... Google Podcasts: https://podcasts.google.com/.../aHR0cHM6Ly9mZWVkcy5zb3VuZ... iHeart Radio: https://www.iheart.com/.../pillars-of-wealth-creation.../ CastBox: https://castbox.fm/.../Pillars-Of-Wealth-Creation... Spotify: https://open.spotify.com/show/0FmGSJe9fzSOhQiFROc2O0 Pandora: https://pandora.app.link/YUP21NxF3kb Amazon/Audible: https://music.amazon.com/.../f6cf3e11-3ffa-450b-ac8c...

It’s not as simple as just looking at the numbers when deciding how much a property is worth. You really need to dig into the comps, cap rates, building conditions, and so much more. Matt and Dex dive into what they look for in a deal and what they’re seeing in today's market. Welcome to Pillars of Wealth Creation, where we talk about building financial freedom with a special focus on business and Real Estate. Follow along as Todd Dexheimer interviews top entrepreneurs, investors, advisers, and coaches. YouTube: www.youtube.com/c/PillarsOfWealthCreation Interested in coaching? Schedule a call with Todd at www.coachwithdex.com Listen to the audio version on your favorite podcast host: SoundCloud: https://soundcloud.com/user-650270376 Apple Podcasts: https://podcasts.apple.com/.../pillars-of.../id1296372835... Google Podcasts: https://podcasts.google.com/.../aHR0cHM6Ly9mZWVkcy5zb3VuZ... iHeart Radio: https://www.iheart.com/.../pillars-of-wealth-creation.../ CastBox: https://castbox.fm/.../Pillars-Of-Wealth-Creation... Spotify: https://open.spotify.com/show/0FmGSJe9fzSOhQiFROc2O0 Pandora: https://pandora.app.link/YUP21NxF3kb Amazon/Audible: https://music.amazon.com/.../f6cf3e11-3ffa-450b-ac8c...

Selling is the foundation for success in everything you do in life. Ron Koenigsberg and Dex discuss the importance of selling and communication. In 2019 20% of the US filed 1099’s (self employed) and by 2027 we will see 50% of the US file 1099’s. We are in an age of communication and those who learn how to actively listen, negotiate and communicate will come out on top. Ron gives us his 4 keys to effective negotiation and key lessons he has learned in his real estate brokerage business. 3 Pillars 1. Mindset 2. Positivity 3. Active Listening Book: Power Broker: how to be successful in business and life by Ron Koenigsberg Ron is a highly successful real estate broker with several decades of experience in sales and service. He is the founder and owner of American Investment Properties, Inc., a New York-based commercial real estate brokerage firm and recipient of the 2017 Long Island Business News Commercial Broker of the Year. Ron holds a bachelor’s degree in Accounting from American University and a master’s degree in Real Estate Development from New York University. You can connect with Ron by visiting www.ronkoenigsberg.com Welcome to Pillars of Wealth Creation, where we talk about building financial freedom with a special focus on business and Real Estate. Follow along as Todd Dexheimer interviews top entrepreneurs, investors, advisers, and coaches. YouTube: www.youtube.com/c/PillarsOfWealthCreation Interested in coaching? Schedule a call with Todd at www.coachwithdex.com Listen to the audio version on your favorite podcast host: SoundCloud: https://soundcloud.com/user-650270376 Apple Podcasts: https://podcasts.apple.com/.../pillars-of.../id1296372835... Google Podcasts: https://podcasts.google.com/.../aHR0cHM6Ly9mZWVkcy5zb3VuZ... iHeart Radio: https://www.iheart.com/.../pillars-of-wealth-creation.../ CastBox: https://castbox.fm/.../Pillars-Of-Wealth-Creation... Spotify: https://open.spotify.com/show/0FmGSJe9fzSOhQiFROc2O0 Pandora: https://pandora.app.link/YUP21NxF3kb Amazon/Audible: https://music.amazon.com/.../f6cf3e11-3ffa-450b-ac8c...

Growing your wealth is a journey. It’s not easy, but with the right steps and continual effort, we believe nearly everyone can become wealthy. Getting rich takes time. It doesn’t happen overnight and requires the right mindset to grow and keep your riches. Be patient and don’t swing for the fences. Welcome to Pillars of Wealth Creation, where we talk about building financial freedom with a special focus on business and Real Estate. Follow along as Todd Dexheimer interviews top entrepreneurs, investors, advisers, and coaches. YouTube: www.youtube.com/c/PillarsOfWealthCreation Interested in coaching? Schedule a call with Todd at www.coachwithdex.com Listen to the audio version on your favorite podcast host: SoundCloud: https://soundcloud.com/user-650270376 Apple Podcasts: https://podcasts.apple.com/.../pillars-of.../id1296372835... Google Podcasts: https://podcasts.google.com/.../aHR0cHM6Ly9mZWVkcy5zb3VuZ... iHeart Radio: https://www.iheart.com/.../pillars-of-wealth-creation.../ CastBox: https://castbox.fm/.../Pillars-Of-Wealth-Creation... Spotify: https://open.spotify.com/show/0FmGSJe9fzSOhQiFROc2O0 Pandora: https://pandora.app.link/YUP21NxF3kb Amazon/Audible: https://music.amazon.com/.../f6cf3e11-3ffa-450b-ac8c...

The name of the game is tenacity. Trixy started like many business owners - in a small office with a vision and a will to succeed. Trixy and Dex discuss how mindset plays a crucial role in success, and what it takes to keep your drive going, especially after setbacks and successes. 3 Pillars 1. Invest in You 2. Tenacity 3. Transparency Book: The Psychology of Money by Morgan Housel Trixy is a dynamic entrepreneur who empowers individuals, especially women, to excel in business and entrepreneurial pursuits. Over two decades, Trixy has founded and invested in over 50 companies across diverse industries. She is a visionary leader who understands the unique challenges faced by women in the business world and has made it her mission to inspire and guide them toward success. Through her speaking engagements and mentorship, Trixy provides practical strategies, insights, and motivation to help women overcome obstacles, leverage their strengths, and achieve their goals. You can connect with Trixy by visiting www.trixycastro.com Welcome to Pillars of Wealth Creation, where we talk about building financial freedom with a special focus on business and Real Estate. Follow along as Todd Dexheimer interviews top entrepreneurs, investors, advisers, and coaches. YouTube: www.youtube.com/c/PillarsOfWealthCreation Interested in coaching? Schedule a call with Todd at www.coachwithdex.com Listen to the audio version on your favorite podcast host: SoundCloud: https://soundcloud.com/user-650270376 Apple Podcasts: https://podcasts.apple.com/.../pillars-of.../id1296372835... Google Podcasts: https://podcasts.google.com/.../aHR0cHM6Ly9mZWVkcy5zb3VuZ... iHeart Radio: https://www.iheart.com/.../pillars-of-wealth-creation.../ CastBox: https://castbox.fm/.../Pillars-Of-Wealth-Creation... Spotify: https://open.spotify.com/show/0FmGSJe9fzSOhQiFROc2O0 Pandora: https://pandora.app.link/YUP21NxF3kb Amazon/Audible: https://music.amazon.com/.../f6cf3e11-3ffa-450b-ac8c...

It’s the ultimate investment strategy to buy, renovate and refinance. Dex and Drew Whitson discuss doing just that with a 224-unit apartment building they purchased with their investors in 2019. They hit on their buying strategy, renovation plan, financing strategies, finding the deal, and the bumps encountered along the way. Welcome to Pillars of Wealth Creation, where we talk about building financial freedom with a special focus on business and Real Estate. Follow along as Todd Dexheimer interviews top entrepreneurs, investors, advisers, and coaches. YouTube: www.youtube.com/c/PillarsOfWealthCreation Interested in coaching? Schedule a call with Todd at www.coachwithdex.com Listen to the audio version on your favorite podcast host: SoundCloud: https://soundcloud.com/user-650270376 Apple Podcasts: https://podcasts.apple.com/.../pillars-of.../id1296372835... Google Podcasts: https://podcasts.google.com/.../aHR0cHM6Ly9mZWVkcy5zb3VuZ... iHeart Radio: https://www.iheart.com/.../pillars-of-wealth-creation.../ CastBox: https://castbox.fm/.../Pillars-Of-Wealth-Creation... Spotify: https://open.spotify.com/show/0FmGSJe9fzSOhQiFROc2O0 Pandora: https://pandora.app.link/YUP21NxF3kb Amazon/Audible: https://music.amazon.com/.../f6cf3e11-3ffa-450b-ac8c...