Financial Freedom Through Real Estate with Elaine Stageberg

Weiss Advice

What does it take to achieve financial freedom? Imagine the possibilities when hard work and dedication meet innovative strategies. Delve into Elaine's inspiring journey, from self-managing over 1,000 rental units to revolutionizing real estate profits and even unlocking the secrets to personal growth and fulfillment. This episode is bursting with life-changing insights for entrepreneurs—something you won't want to miss.

Elaine Stageberg is co-owner and founder of Black Swan Real Estate, a leading national presenter, investment thought leader, and real estate expert. Dr. Elaine Stageberg is a psychiatrist, mother of four, and mentor to physicians and real estate investors from all walks of life.

[00:00 - 12:12] Transitioning from Career to Real Estate Investment for Financial Freedom

• Elaine, who has been married to Nick for 12 years, resides with her family in Rochester
• Left their career to go into the world of investing and currently runs their own company
• The catalyst for their move to real estate was stability and financial freedom
• Committed effort can lead you to your desired destination

[12:13 - 27:00] Leveraging Psychiatry and Maximizing Profits Through Creative Tactics

• Management and operation are essential aspects of handling businesses
• Understanding people is the foundation of investor relations
• Providing a portion of equity to employees as revenue share
• Pivoting in these times, especially when acquisitions are getting harder
• Being creative or flexible is really what it's all about in real estate and in any business

[27:01 - 35:47] The Final Four: Worst Job, Book, Skill to Learn, & Definition of Success

• Worst job ever was waitressing
• Book that gave a paradigm shift: "The Infinite Game" by Simon Sinek
• Skill/talent to learn: Weightlifting
• Success means combining the science of success with the art of fulfillment

Resources Mentioned

"The Infinite Game" by Simon Sinek

Connect with Elaine

Website: https://blackswanteam.com/

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Tweetable Quotes:

"It's often from great pain that great things come.” - Elaine Stageberg

"The second most important decision in your life, next to your human health, is where you live. It determines your communities, resources, surroundings, and how you feel when you come home." - Elaine Stageberg

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