Internal Rate of Return Podcast
In the Internal Rate of Return Podcast, Amanda Alexander interviews successful investors to uncover how they get started, the resources and insights they leveraged to propel them forward, and how they keep sustainable investments that enable their "return to self" where they ultimately get to design the lifestyle of their dreams or even pursue passion projects that only abundance can afford. Get inspired and learn from their experiences as they impart invaluable wisdom that may help you along your journey!
Internal Rate of Return Podcast
Ep 12. Massive Success Requires Mentors, Masterminds and a Leadership Mindset with Jason Pero
In this episode, Jason Pero, a successful real estate investor from Erie, Pennsylvania, joins Amanda. Jason shares his journey from buying his first duplex in 2001 while working in medical sales to owning over 3,000 units today. They discuss his upbringing and introduction to financial education, managing partnerships, handling investments in multifamily properties, and the importance of emotional resilience. Jason also emphasizes the significance of personal development, mentoring, and maintaining a balanced life through self-care. The conversation provides valuable insights into achieving financial freedom through real estate and the necessity of patience and adaptability in the industry.
00:00 The Importance of Teamwork and Collaboration
00:29 Introducing Jason Pero: From Medical Sales to Real Estate Mogul
01:46 Early Financial Lessons and College Influences
03:19 First Steps in Real Estate Investing
04:54 Scaling Up: From Duplexes to Thousands of Units
08:03 The Power of Personal Development and Mentorship
12:19 Balancing Family, Work, and Real Estate
14:27 The Role of Masterminds and Mentors
19:58 Teaching Financial Literacy to the Next Generation
26:11 Transitioning from Medical Sales to Full-Time Real Estate
30:08 Overcoming the Identity Crisis of Leaving Corporate Life
31:08 Building a Company Culture and Demanding Good Output
33:39 Personal Development and Self-Care for Business Success
36:03 Emotional Resilience and Vulnerability in Leadership
36:50 Lessons from Favorite and Challenging Properties
43:21 Managing Expectations and Market Challenges
47:03 Staying Motivated and Finding Opportunities in Tough Markets
53:43 Advice for Aspiring Investors and Entrepreneurs
56:38 Balancing Business and Personal Life
58:26 Final Thoughts and Closing Remarks