Episode 96: From Stock Trading at 13 to Real Estate Mastery with Andrew Rosenberg

Andrew Rosenberg, a seasoned investor with over 35 years of experience in oil and gas, real estate, and equities, shares insights from his family's entrepreneurial background until his current success in the real estate industry. Andrew emphasizes the importance of choosing the right investment manager over chasing hot markets or high returns. He also discusses common pitfalls investors face, and nuances of real estate investing, and offers his perspective on the current market state.

Andrew's approach to investing is holistic, considering factors like asset class diversification, the depreciation schedule of investments, and the importance of not being blinded by a single investment type.

Tune in for valuable mindset and perspectives on real estate investing!


Enjoy this episode on your favorite podcast platform

✅ Apple → https://podcasts.apple.com/gb/podcast/from-stock-trading-at-13-to-real-estate-mastery-with/id1625806145?i=1000648588340
✅ Youtube → https://www.youtube.com/watch?v=pPqBuXn1sX8


Let’s Stay Connected

✅ LinkedIn →  https://www.linkedin.com/in/hannes-hennche/


Connect with Andrew Rosenberg  https://www.linkedin.com/in/andrew-rosenberg-791a0a202/  

Check out his podcast CRESpotlight
https://www.youtube.com/channel/UC77mPy9yf3gGKZPr9Tu_ykg


Time Stamps

[00:01:37] Family's early investing influence
[00:11:18] Instant gratification in careers
[00:13:27] Abundance mindset in real estate
[00:18:33] Property management importance
[00:24:40] Real estate market predictions
[00:29:40] Balancing investment strategies
[00:30:34] Real estate investment insights
[00:36:39] Diversifying investment portfolios
[00:42:46] Syndication industry dynamics
[00:46:36] Real estate investment risks
[00:49:25] Underestimating property taxes and insurance
[00:57:01] Learning about investment strategies
[01:13:19] Misleading acquisition fees
[01:17:20] Defining success in life
[01:22:28] Consuming Educational Content Over Entertainment


Quote

"I would rather have an A manager in a C market than a C manager in an A market."

"If zero is your downside, 100% can't be your upside."

"The classic rookie mistake is to plug in last year's tax number into the future year's taxes."

"How much do I have to do to get his money? That's not a good foundation to be setting up a business relationship with."

"If you're waking up in the morning excited, that's the life well lived."

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