WS1609: How to Break Free from Your Limiting Beliefs | #Highlights
MAR 18, 2023
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About

In this #Highlights episode, we reflect on our conversations with Mark Davenport and Oscar Buendia. Find out what helped them break free from their fears and limiting beliefs and pushed them to invest in real estate and succeed in it! 

Sometimes, it takes finding yourself in a situation where your back is against the wall, with no other option but to decide for yourself and choose whether to crush your limiting beliefs or let them crush you. And when you find yourself in such a place, that is when you will truly know whether you have it within you to get it done or not.


Key Points From This Episode: 

  • The key to being aggressive in investing.
  • How to not let your fears motivate your actions.
  • How to handle your fear of purchasing a property, getting the deal, or scaling.
  • Fear is the real challenge.
  • What taking a risk looked like for Mark and how was able to scale because of it.
  • The advantage of working with a local bank to finance a local property.
  • The first action step to break free from your limiting beliefs in investing.
  • How small multifamily exposed Oscar’s limiting beliefs.
  • Having true mentors is a key to break free from limiting beliefs.
  • Systems Mark and Oscar have established that helped them scale.
  • How Oscar found his top-notch VA.


Links Mentioned in Today’s Episode:

Mark Davenport on LinkedIn
Levare Properties website
WS801: Not Letting Fear Motivate Your Actions To Scale Quickly with Mark Davenport
Oscar Buendia on LinkedIn
REI Brothers Podcast
WS815: The Willingness To Take Risks To Reach Success with Oscar Buendia

About Mark Davenport
Mark Davenport and his partner, Phoebe, got started in real estate when they bought a single-family fixer-upper in NH in 2009. Halfway through renovations, they had an epiphany – ‘let’s not work to pay a mortgage for the next 30yrs… let’s build passive income through real estate instead’. So, they finished that single-family renovation, sold the property, and worked on a foreclosed duplex. Next was a fourplex. Nine months later, both were sold and two six-unit buildings were on the books, along with a three-unit and another foreclosed duplex. Having relocated from NH to Brooklyn, they optimized these buildings through new management and renovations. Now living in Kansas City, Mark and Phoebe have made another leap by selling their NH portfolio of 18 doors and investing in a 73-unit tower and a 33-unit historic repurposed hotel.

About Oscar Buendia
In 2019, Oscar partnered up with his brother German, initially intending to purchase a few properties in Ohio. That soon changed when they found a 20-unit rental portfolio. From there they networked and problem-solved their way to buying this portfolio.  Currently, they are working towards stabilization and then the disposition of assets. Their eyes were open to how to scale to larger assets, and from there they have set their eyes on raising capital and apartment syndication.

Beginning early 2020, Oscar has now co-founded two companies with German, REI Brothers, and GoodDay Capital. The first company started was the social media outreach and education platform, where showcased are their podcast, blog, and projects. The second company developed was their Real Estate Investing Firm to syndicate apartment buildings.

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