Escaping the Rat Race in 3 Years: Psychology, Mindset, and Strategy with Brock Mogensen

Passive Wealth Strategy Show - Real Estate for Busy Pros

Brock Mogensen has been investing in real estate for about two years. He lives and invests in the Milwaukee, WI market. He holds a masters in Information Systems. Brock works full-time in database marketing while amassing a respectful real estate portfolio through syndication on the side. As a principal at Smart Asset Capital, the firm currently has over $6 Million in assets under management. This portfolio is made up of an 89 unit apartment complex, 20,000 sq ft of retail space, and 18,000 sq ft of office space. He is also a co-host of the largest monthly multifamily meetup in WI, which is the Wisconsin Apartment Investors Meetup.

[00:01 - 10:34] Opening Segment

• Get to know Brock Mogensen
• A duplex house hack seemed the right choice
• Brock shares his real estate beginnings and current real estate journey
• How you can follow Brock’s footsteps

[10:35 - 24:06] Escaping the Rat Race in 3 Years: Psychology, Mindset, and Strategy

• What separates Brock’s achievements from others’ achievements
• The Best Partnerships: How and Why
• Brock’s Entrepreneurial Spark
• Investing can be scary, here’s how Brock got over his fear
• Taking risks to create extraordinary things
• Experiencing analysis paralysis and being too risky
• Brock shares about his exploratory adventure
• How to Build Your Competence and Confidence

[24:07 - 32:01] Closing Segment

• Quick break for our sponsors
  • Groundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started.
• What is the best investment you've ever made other than your education?
  • Spending time and money into networking
• Brock’s worst investment
  • Their current office building

• What is the most important lesson that you've learned in business and investing?
  • “Just really sticking to the numbers. The numbers never lie.”
• Connect with my guest. See the links below.

Tweetable Quotes:

“Networking is probably the biggest thing there is in real estate.” - Brock Mogensen

“To really create anything extraordinary, you have to take risks.” - Brock Mogensen

“Don’t just take risks unnecessarily.” - Brock Mogensen

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Connect with Brock Mogensen through [e-mail], Facebook, Instagram, and LinkedIn. Visit their website https://www.smartassetcapital.com/.

Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.

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