Mindset, Expectations, and Action for Investors with Misty Hassenstab

Dec 26, 2023

What do the struggles and successes of experienced real estate investors like Misty reveal about setting realistic expectations on your own journey?

 

On this episode Misty shares hard-won lessons on goal setting, managing expectations, and taking action as a real estate investor. Drawing on over three years of full-time real estate investing experience in Texas, Misty gets real about the challenges she has faced while building multiple successful companies with her long-term partner. She offers tactical advice on creating an empowering mindset, celebrating small wins, understanding your unique circumstances, and avoiding common pitfalls like analysis paralysis. Whether you're just starting or looking to grow, Misty's candid wisdom will help you set yourself up for sustainable success.

 

Misty is a wife, mother of a beautiful baby girl, full-time Entrepreneur, Real Estate Investor, & Business & Mindset Coach with 6+ years of experience in real estate investing. She has wholesaled 20+ deals, completed a handful of flips, & has a new construction/development portfolio of 21 units with 10 more currently in progress.

 

 

(00:03:00 - 00:07:00) Getting Real About the Investor Journey

 

• Misty has been a full-time real estate investor for 3.5 years, building multiple companies with her partner
• She is committed to being brutally honest about the struggles she has faced
• Goal is to help even one more person push through the dark times

 

(00:07:00 - 00:12:00) Creating an Empowering Mindset & Managing Expectations

• Understand your unique circumstances
• Set personal goals first
• Celebrate small wins along the way

 

(00:12:00 - 00:15:00) The Danger of Comparing Yourself to Others

 

• Social media rarely shows the full picture
• Everyone's circumstances and journeys are different
• Focus on your own growth

 

(00:15:00 - 00:19:00) Getting Uncomfortable Is Essential for Growth

• This business is not easy and does not happen overnight
• Be prepared to be uncomfortable
• That discomfort drives understanding and progress

 

(00:19:00 - 00:23:00) Taking Action and Avoiding Paralysis Key Takeaways:

• You can't complain about results you don't have if you don't take action
• Don't get stuck overanalyzing, just do it
• Ask "What's the worst that could happen?"

 

Quotes:

"I hope that me being very brutally honest and transparent will, you know, if it can help one person out there, then I've done my job here." - Misty Flanagan

"This is your journey. And it's up to you where you take it. And don't worry about what everybody else is doing." - Misty Flanagan

 

 

Connect with Misty:

 

https://www.linkedin.com/in/misty-hassenstab-75b61413/

https://www.hermindsetmattersrei.com/REI-masterclass

 

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Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/.

 

To learn more about me, visit my LinkedIn profile, and connect with me.