Jul 18, 2022
In today’s show, Pancham interviews Jens Nielsen - certified high-performance coach, full-time real estate investor, and principal of Open Doors Capital.
With a successful IT career of 25 years, Jens realized that it was not maximizing his potential and discovered real estate investing as a way to diversify his income! Now with over 1,700 apartment units and has done more than 20 deals, he is now helping individuals realize the strong cash flow and equity growth in real estate investments.
Get inspired from this episode as Jens shares his journey to financial independence and the push he needed to eventually quit his W2 job of 25 years. He'll also discuss the mindset shift that led him to explore real estate investing and the specifics of his investment deal.
Listen and enjoy the show!
Quote:
“Real estate is really an avenue that you can take because you can be extremely passive if you want to, you can be active, you can be somewhere in the middle, but you have a lot of control over income and your success in that space.”
Timestamped Shownotes:
- 0:43 - Pancham introduces Jens to the show
- 2:48 - On transitioning from his IT career to a full-time investor
- 5:35 - How audible books and guidance develop his passion for real estate
- 8:33 - The mindset push he needs to be able to quit his W2 job
- 11:40 - On managing 2 full-time gigs of coaching and investing
- 14:45 - Owner-financing their 11-unit deal and having infinite returns
- 18:30 - Taking the Leap Round
- 18:30 - His 4-plex property as his first real estate investment
- 18:56 - How he overcame his fear of being accountable
- 19:32 - Factors on why his agricultural land investment didn’t work out
- 20:59 - Why you should think about the investor you want to be
- 21:53 - How you can connect with Jens
3 Key Points:
- Other than real estate investing, you can also start up a small side business in order to achieve financial freedom sooner.
- If you’re not sure what your goals really are, you can hire a coach that will work through your mindset and help identify what’s important for you.
- Self-managing your properties could help you save finances but having a property manager would greatly help as they are experts in this field.
Get in Touch:
- Jens Nielsen Email - jens@opendoorscapital.com
- Open Doors Capital Website - https://opendoorscapital.com/
- The Gold Collar Investor Club - https://thegoldcollarinvestor.com/club/
- Pancham Gupta Email - p@thegoldcollarinvestor.com