Going Outside of Your Comfort Zone with Kyle Mitchell

Today’s guest is Kyle Mitchell, a Real Estate Entrepreneur who focuses on Multifamily Syndication and currently has $17MM AUM. He is the Managing Partner and Co-Founder of Limitless Estates, whose vision is to provide A-class living to lower-income housing by putting the residents first and instilling a sense of community while inspiring others to do the same.

In this episode, we dive deep into Kyle’s story, strategies, and advice that both passive and active real estate investors can learn from.

[00:01 – 04:30] Introduction

  • I talk briefly about great values that await you in this episode
  • I introduce the guest, Kyle Mitchell
  • Kyle gives a bit of background about himself
    • His career before real estate investing
    • The transition to real estate

[04:30 – 13:36] Heading into Multifamily Real Estate

  • Kyle talks about their first apartment complex deal
    • They didn’t have any actual multifamily experience heading into the deal
    • The process of raising the capital
    • The strategies and skills he used and learned in the process
  • Things they’ve done differently heading into their second deal

[13:37 – 20:43] Going Outside of Your Comfort Zone

  • Exiting a job Kyle’s been in for over a decade to pursue real estate
    • You’ll never grow if you don’t go out of your comfort zone
  • Kyle shares the important lessons he has learned throughout his journey (both in single-family and multifamily investments)

[20:44 – 24:34] Closing Segment

  • Quick word from our sponsors
  • What is the best investment you've ever made other than your education?
    • The 42-unit we got last year in Tucson.
  • What is the worst investment you ever made?
    • Single-family turnkeys in the Chicago market
  • What is the most important lesson that you've learned in business and investing?
    • “It’s all about consistency.”
  • Connect with Kyle online! See the links below.
  • Final thoughts

 

Tweetable Quotes:

“You don’t know what you don’t know.” – Kyle Mitchell.

“Make sure all your ducks are in a row before you even get the deal. Know who the team’s gonna be, know what you need to close, and if you have never done it before, bring someone on that does have experience so they can walk you through the process.” – Kyle Mitchell.

“If you want to separate yourself from others and your competition, it sounds very simple, but the key is consistency. If you do things on a consistent basis, people will start to follow you and believe in you and see that you are serious.” – Kyle Mitchell.

 

You can connect with Kyle on the Limitless Estates website. Listen to their podcast, Passive Income Through Multifamily Real Estate.

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes.

This episode is brought to you by Roofstock, the world’s largest residential real estate investing marketplace. Open an account for free and start browsing turnkey investment properties today.

We are also supported by You Need a Budget. YNAB is a different kind of personal financial tracking company. They’ll help you track and plan your money with your priorities in mind. Open your trial account today and give it a shot!

About the Host

Taylor on stage

Hi, I’m Taylor. To date I’ve acquired or partnered on over $250 Million in Commercial Real Estate Investments. I help busy professionals invest in multifamily and self storage real estate through my company NT Capital

Not Sure How to Tell a Good Deal from a Bad Deal?

Learn 7 Red Flags in Passive Real Estate Investing

Free 7 Day Video Course

Real Listener Reviews

Extremely useful podcast
Extremely useful podcast
@thehappyrexan
Read More
Short, impactful with excellent guests. If you have a full time W-2 job or business and are looking for ways to get involved in real estate on the side, this is for you.
Simple & effective information!
Simple & effective information!
@jjff0987
Read More
This podcast is worth listening to for investors at all levels. The information is simplified for the high level investors but detailed enough to educate seasoned investors about nuances of the business. I recommend!
Awesome Podcast!!!
Awesome Podcast!!!
@Clarisse Gomez
Read More
The host of Passive Wealth Strategies for Busy Professionals podcast highlights all aspects of real estate investing and more in this can’t miss podcast! The host and expert guests offer insightful advice and information that is helpful to anyone that listens!
Great podcast!
Great podcast!
@Owchy
Read More
Love all the information and insights from Taylor and his guest. Fun and entertaining. Highly recommend.
Previous
Next

Popular Posts