Darin Garman’s Heartland Multi-Family Show

Robert Herjavec. Even if you don’t know (or can’t pronounce) his name, you recognize him from Shark Tank. He’s made hundreds of millions of dollars from his various entrepreneurial ventures and investments. In this episode of the Heartland Multifamily Show, I react to a clip of him talking about how he once always wanted just that much more - a faster car, then a jet, then a nicer jet - Until he finally realized why those material things won’t make him happy. I had a similar realization myself and I, like Robert, now use my money to fuel my purpose and fulfill my vision, rather than flaunt my wealth. There’s nothing wrong with having wealth, but if buying everything you can only makes you unhappy, you need to do the inner work to find what matters to you. Click here to watch this video.

On this episode of the Heartland Multifamily Show, I’m continuing my series on the manifesto of a successful multifamily real estate investor. If you’ve done any research into personal development, you’ve heard the saying that you are the average of the five people you spend the most time with. My take on this is that you become the kind of leader you see examples of. Therefore, it’s critical that you don’t let bad influences into your life. This can be not only direct interactions, but also in what you read, what podcasts you listen to, and what media you consume. This episode will show you how to cultivate that media “diet” so you spend your time and energy on people who will lift you up, not bring you down.

Welcome back to the Heartland Multifamily Show. If you saw last week’s episode, you’ll know we’re partway through the 21 Festos in my Multifamily Manifesto. This is my guide to building wealth in multifamily by maximizing your profits and minimizing the energy you waste on internal and external factors that can slow you down. The 5 festos we cover today have one thing in common: They’re all about mindset. Your mindset determines what you give your energy to, and the right mindset can help you avoid burnout before it starts. Watch this video to learn 5 things you can keep in mind to be a successful multifamily investor.

On this episode of the Heartland Multifamily Show, I’ll give you five (and one bonus) “festos” from my Multifamily investing manifesto. It’s part of a series from my list of 21 things you should do to become a successful multifamily investor. This episode will give you the thousand-foot view to get out of the weeds and to be able to see the whole picture. In addition, this list will keep you from getting too much in the weeds and instead train your mind to focus on what really matters. Part of the reason this is so successful is that you can have many goals as a real estate investor, and some of those goals can contradict each other. So this gives you a framework for consistency, and to have goals that are achievable for you, and leave those contradictory goals to people and organizations with other specialties.

On this episode of the Heartland Multifamily Show, I want to prevent you from making a mistake that might potentially ruin you. When you do your due diligence on your next purchase, make sure to find out how many owners the property has had in the past ten to fifteen years, and why the owner is selling it. More often than not, if the property has had two or more owners, there’s a reason why no one wants it, and you shouldn’t either. Watch this video to see me go into detail and give an example of how I avoided buying a money pit.