Episode 175: What is a broken mindset? How can you identify your own broken mindset? Tune in and learn about tapping into a broken mindset and taking the steps to explore new opportunities with Aaron Fragnito of Peoples Capital Group.
What is a Broken Mindset?
A broken mindset is when you’re frozen in a place of negative self-talk and comparison to others. It’s a feeling of failure that could last for a few minutes or be an undertone in your entire life. While it’s natural to go through these phases or slumps, the most successful people are the ones who can identify the nonconstructive behavior and correct it.
Take time to notice your fluctuations and put measures in place to fix your mindset. This could be anything from walking in nature to speaking positive affirmations— do things that rejuvenate you.
Making the Transition from Real Estate to Real Estate Investing
For Aaron, making the transition from being a realtor to being a real estate investor was a big mindset change. It’s the mindset of being a trader to being an owner. As a realtor, you can sell your product without really knowing the gritty details. As a real estate investor, your product is everything.
Choosing Real Estate Syndications vs Index-Fund Investing
It’s always important to be diversified in your investments. The benefit of having one-third of your investments in a real estate syndication is that they’re fairly steady. While you might not be in a position to sell during a recession, you can count on continuous income.
Now is an opportune time to take a look at your real estate investing options, as we’re about to enter a buyer’s market.
Disclaimer: Kevin and Sean are not professional financial advisors. Do not take any advice they give without first speaking with a professional and performing your own due diligence.This post may include affiliate links.