Crazy Sh*t In Real Estate #190: Minesh Bhindi

Summary:

Have you ever had a lightbulb moment where you realized that the time and effort you were putting towards something just wasn’t worth it? Minesh Bhindi, a wealth manager, investor, speaker, and CEO of Perfect Portfolio did - and all it took was an unwanted call in the middle of the night to change a lightbulb. Now, he dedicates himself to coaching and mentoring others who want to experience more freedom in their lives and invest safely – but with maximum returns. He knows that investing can be risky, especially if you don’t know what you’re doing and don’t have good mentors in your corner. Listen in to learn some investment advice from a pro and hear how he balances his investment portfolio.

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Time Stamped Show Notes:

01:30 – Introducing Minesh, a real estate professional who got into the industry at 16 years old in London
02:00 – He attributes his success at a young age to the fact that he didn’t care about hearing “no”; he could walk away and it wouldn’t affect his life
02:30 – He managed to negotiate about 20 million pounds by the time he was 18 years old and purchased his own properties in London
02:40 – His mentor started teaching him about the stock market and other investments
03:00 – The worst experience he’s ever had in real estate
03:10 – At 11pm on a Saturday night, he was called to change a lightbulb at one of his properties; he asked for them to do it but they refused
03:20 – He was teaching people about having financial freedom and was upset that he was driving around to change a lightbulb
03:40 – After that point, he decided to leverage the stock market to do real estate like a hedge fund would
03:50 – Property Profits for Life
05:00 – Minesh teaches people to invest with a fully diversified portfolio and better returns with physical real estate
05:00 – Minesh’s response to those who say real estate is too risky of an investment
05:00 – He agrees, if you don’t know what you’re doing or have the right coaches advising you
06:30 – Know what you really want before investing in real estate; it’s not usually the property, it’s what real estate can bring you
07:45 – On burning bridges
08:10 – He teaches his students to identify that “no more” moment where they’re unwilling to continue on with the way they’ve been doing things
09:00 – He had the tools and people to teach him a better way; he’s now that person for others
09:45 – Work smarter and leverage your time better
10:20 – Some pointers about REITs
11:30 – He works with about 150 people a year and focuses on his long-term investments
11:45 – The REIT that he likes the most is VNQ, which is a REIT ETF, not just a REIT, and has brought him impressive results
12:50 – The dividend isn’t huge if only considering the short-term but is has a huge reach across multiple sectors of real estate
14:00 – A REIT is a Real Estate Investment Trust
14:40 – If you don’t have the capital
14:55 – Find someone who does and start saving so you can invest
15:50 - Go to the Perfect Portfolio homepage to learn more and take this free 1-hour webinar to learn a hassle-free investment strategy
16:15 - Gold and silver investments
14:55 – Minesh aims for his portfolio to be 40% real estate, 40% in the stock market, and 20% in gold and silver; gold and silver go up with everything else
17:45 - He’s not a doomsday guy and is optimistic about the future