Beyond the Safety Net: A Journey into Real Estate Investing with Misty Hassenstab

Dec 29, 2023

Have you ever wondered what's the worst that could happen if you leave your comfort zone and take a leap of faith into real estate investing?

 

In this thought-provoking episode, Angel Williams and her guest, Misty Hassenstab, delve into the realms of real estate investing, overcoming fear, and the power of mindset in achieving success. They explore the challenges and triumphs encountered in leaving a traditional job for real estate, the importance of decision-making, and strategies for building effective teams. This episode is a treasure trove of insights for anyone looking to break into or excel in the world of real estate investing.

 

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.

 

Misty is extremely passionate about helping other women create a life & real estate investing business filled with passion, positivity, & purpose & has coached & mentored over 150 female investors since 2020.

 

Along with co-founding & now solely managing HER Mindset Matters REI Group, she is a Managing Partner in Guideway Investment Partners LLC, Elevated Development LLC, & Level Up Remodeling LLC. She is also a Co-Founder of the Houston – Women’s Real Estate Investor Alliance (WREIA).

 

[00:00:00 - 00:03:00] Embracing Change and Overcoming Fear

• Facing fears when transitioning from a traditional job to real estate.
• Using "What's the worst that can happen?" as a tool to overcome fear.
• The concept of opportunity cost in decision-making.

 

[00:03:00 - 00:06:00] Real Estate Investing: Strategies and Mindset

• Utilizing the current environment to focus on real estate goals.
• The significance of having a clear vision in real estate investing.
• Continuing business activities despite external challenges.

 

[00:06:00 - 00:09:00] Results Entitlement and Action

• Debunking the myth of result entitlement in the real estate industry.
• The necessity of taking massive action for success.
• Avoiding the trap of expecting results without effort.

 

[00:09:00 - 00:12:00] Building Effective Teams in Real Estate

• The value of team dynamics over individual skills.
• Hiring for attitude and training for skill.
• The role of integrity and work ethic in team building.

 

[00:12:00 - 00:15:00] Empowerment and Collaboration Among Women in Real Estate

• The growing presence and impact of women in real estate investing.
• The power of collaboration and support among women in the industry.
• Encouraging a culture of mutual success and empowerment.

Quotes:

 

"You don't ever have to give up the real estate side of it. The fear of leaving that W-2 behind is like losing a safety net, but it's also a crutch." - Misty Hassenstab

"You can't complain about results you didn't create. You actually have to take massive action in order to achieve success in real estate." - Misty Hassenstab

 

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.