198: Real Estate as a Vehicle To Live and Grow with Andrew Reichert

Changing your mindset from scarcity to abundance can be a game-changer, especially in real estate investing. Today’s guest takes this approach to investing and thrives on helping others find the financial success they’re seeking. On this episode of Zen and the Art of Real Estate Investing, Jonathan sits down with Andrew Reichert, CEO and visionary of Birgo. Birgo is a fully integrated private equity real estate investment and management firm that seeks to improve the lives of its clients through real estate. Jonathan and Andrew begin their conversation by exploring Andrew’s tumultuous start in life, eventually leading to college and some life-changing books. Those books taught Andrew to harness his ambition into productive forms, leading to his first real estate purchase. Andrew shares why he zeroed in on multifamily, the avatar that best fits his funds, and how syndications differ from funds. You’ll hear what he loves about being a landlord, why he views diversity within his team as a competitive advantage, and the 12-point checklist he uses to evaluate new markets. Andrew explains why he remains vertically integrated, what self-managing properties teaches you about property management, and why other asset classes don’t have as much appeal. Finally, Andrew shares where he would advise new investors to put their money in today’s market. Real estate can be a powerful tool for living and growing, and Andrew Reichert’s passion for helping people do this shines through in this conversation. In this episode, you will hear: How Andrew Reichert developed the mindset to get into real estate and the books that influenced his interest Andrew’s first real estate purchases, why he zeroed in on becoming a multifamily operator, and what his buy box looks like The avatar that best fits Andrew’s syndication funds and the nontypical approach he took to get started How syndications differ from funds and which one Andrew prefers What he likes about being a landlord to his tenants and the parts he’s passionate about Viewing diversity as a competitive advantage and using it to scale your business The 12-point checklist Andrew uses to evaluate new markets Remaining vertically integrated and building systems to handle property management What self-managing properties can teach you about property management Why other asset classes don’t have as much appeal to Andrew Where he would advise new investors to put their money in today’s market Follow and Review: We’d love for you to follow us if you haven’t yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We’d love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at https://zenandtheartofrealestateinvesting.com/podcast/198/ to download it. Supporting Resources: Birgo’s website - www.birgo.com Real Returns Podcast on YouTube - www.youtube.com/@RealReturns Birgo Capital on Facebook - www.facebook.com/birgocapital Birgo Capital’s Instagram - www.instagram.com/birgocapital Find Birgo Capital on LinkedIn - www.linkedin.com/company/birgocapital Rhino Operating System (ROS) - www.rosjourney.com Website - www.streamlined.properties YouTube - www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - www.zillow.com/profile/StreamlinedReal Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties Email - info@streamlined.properties Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.