332. Sticking With Scarcity Mindset To Accelerate Your Business With Axel Ragnarsson

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Axel Ragnarsson is an active real estate investor and is based in Boston MA He purchased his first multifamily property during his sophomore year at the University of New Hampshire where he earned degrees in Finance and Entrepreneurial Studies It was in his studies of alternative investments that he became interested in real estate investing leading to the founding of his real estate investment firm Brickleaf Properties Currently Brickleaf Properties owns approximately 7 2M in multifamily real estate has flipped numerous homes and has been a principal party in 18M worth of transactions Axel is also the host of The Multifamily Wealth Podcast which is one of the most highly-rated multifamily real estate podcasts in the industry In this episode Axel tells the story of how he got into real estate investing buying his first multi-family property during his sophomore year at the University of New Hampshire After learning about flipping houses he found real estate and became interested in buying and owning multi-family properties He started out by buying small multi-family properties in New Hampshire and then gradually transitioned into larger deals in other markets He highlights some key lessons he s learned along the way such as the importance of having a mindset of ownership and being resourceful in finding funding To learn more about Keeley listeners can visit her website at Brickleaf Properties 00 01 – 02 23 Opening Segment Axel s story illustrates how one can become an active real estate investor by learning about and taking action toward flipping houses 02 24 – 16 59 Applying The Scarcity Mindset To Accelerate Your Business He discusses his experience in real estate and how he bought his first property and went on to buy larger deals in other markets The challenges faced along the way include deferring to others and not trusting one s judgment as well as money issues and a lack of resources How he eventually found private lenders and learned to be an intelligent hands-off investor He realized how he needed to invest in himself and his business in order to accelerate growth Investing in social media has helped her connect with potential clients He changed his focus on smaller to mid-sized deals in his local market and out-of-state markets How he looks for deals with low rents and value-add opportunities 17 00 – 21 57 Closing Segment Axel recommends returning to smaller deals to build momentum and credibility Axel shares where you can get in contact with him links below Quote s The biggest win that had was really stuck in the whole scarcity mindset I didn t want to spend money on marketing or spend a lot of time searching for deals I was finding a lot of deals just through sheer work Axel Ragnarsson You can connect with Axel through his Website Brickleaf Properties Instagram multifamilywealth LinkedIn Axel Ragnarsson WANT TO LEARN MORE Connect with me through LinkedIn Or send me an email at sujata luxe-cap com Visit my website www luxe-cap com or my YouTube channel Thanks for tuning in If you liked my show LEAVE A 5-STAR REVIEW like and subscribe Click here to visit this podcast episode