Prashant Kumar - Turning the $115 in his Pocket into $60M in Real Estate


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Dec 01 2020 40 mins   4
Today’s guest is Prashant Kumar, Founder and Managing Partner of My Realty Gains, LLC. Prashant shares his humble beginnings, starting with his arrival in the United States in 1998 with only $115 in his pocket. He found himself in the real estate world after 25 years in Corporate America, helping his company acquire over $60 million in commercial real estate and manage 1,200 apartment units. Now, he is focusing on his passion for assisted living properties, providing shelter for senior citizens in need. Let’s all be inspired and listen to Prashant’s story of success! [00:01 - 08:20 ] Opening Segment Let’s get to know Prashant Kumar Prashant shares his humble beginnings [08:21 - 18:32 ] How to Make Your Money Work The idea of “your money working for you” His jump to multifamily from single family Don’t miss Prashant’s tips to start in real estate A failed project that helped Prashant take off. [18:33 - 27:00 ] From $115 to $60 Million Prashant talks about his real estate mindset Prashant’s secrets to attract investors His ways to use digital marketing in real estate [27:01 - 35:23 ] Your Most Important Asset in Real Estate How to use your platforms to educate others We talk about mentorship in real estate Prashant’s advice to passive investors FREE email course by Prashant! Link below [35:24 - 40:44 ] Closing Segment Connect with Prashant - links below Prashant’s parting words Learn to say “no” Educate others Final words from Prashant and me Tweetable Quote: “[The business of assisted living properties] is not about earning money. It’s about giving back to the society.” - Prashant Kumar “[In] any platform that you create, the focus is to educate.” - Prashant Kumar Resources mentioned Jake & Gino ------------------------------------------------------------------------------------------ Connect with Prashant on LinkedIn and Facebook. Visit their website and sign up for their free 7-day email course. Check them out on LinkedIn, YouTube, and Instagram to learn more. Guest Email: [email protected] Telephone: 631 428 6479 Connect with me: https://www.5tcre.com/ Facebook LinkedIn Instagram Watch 5T CRE on YouTube Leave us a review and receive your free ebook Email us --> [email protected] Support the show (https://www.buymeacoffee.com/5Talents)