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Ep 355: How Did They Do It? Aileen Prak, Creating A New A Life Of Purpose

March 14, 2023

Ep 355: How Did They Do It? Aileen Prak, Creating A New A Life Of Purpose
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Transcript

0:00 Hey, welcome to today's episode of the habit this podcast I have a special guest Miss Eileen prac, who is a multifamily investor, a podcast host, led me on her podcast, which is why she's here. We're gonna hear her story because you heard mine so we're gonna I love retreating in sharing experiences with their podcasts because podcasts are dope. So hey, you're not on camera yet. 0:24 Hi, Danielle. Thank you for having me. 0:27 Okay, so so dope because it's, it's, it's always different. It's always a different experience that I have as a host, because I'm interviewing another host. So we get a different type of conversation. Whereas if I interview a person, that's always a guest, you get a different type of conversation. So it's always entertaining to have on hosts. So I lean we're part of the country from as long as my first question like asking, and I guess I'll let you answer that one. 0:51 So I'm not in California, outside of Los Angeles, so people know like the Orange County area people think mostly of Disneyland. So pretty close by do they're 1:02 actually live in Temecula? I'm not too far. You 1:05 did? Yeah. That's only about like an hour and a half or so away from me. 1:09 Yeah, I'm going golfing and Ontario tomorrow. 1:12 Oh, nice. Oh, wait, you live in Temecula right now? Yes. Oh, wow, you are very close, then. 1:18 This is why I asked that question. Because I don't know if we'll ever cross the street sometime. And I have to keep an eye out for you. If I cross you had a meet up or something? Oh, 1:26 yes. Si, si lives in Temecula, also. So I mean, we go visit, sometimes maybe we will catch a cat grab a coffee or something? 1:35 This is why I ask this is why I asked because you didn't ask me. So I didn't know. You see, see this is this is why we do this is why we do this. So let's talk about how many been in real estate. And when she's wondering how'd you get started. 1:50 So we started? Well, we wanted to get into real estate back in 2014, when we were actually looking for our own personal property, what we wanted to do with some type of house hacking, where we bought a duplex and rented out one side and then live on the other side. But as you know, in California, we were getting outbid left and right, there were so much competition out there, people were doing like cash offers and bidding way, way above, above asking price. And so it just never worked out for us in the end. And so then we didn't get back into real estate until 2019, when we decided to look outside of California, and invest in single family turnkey properties. And that was actually really interesting too, because we were looking for something that was a little bit more passive, working with different property managers, and really getting your feet wet with investing outside of California, because we never really had that experience before because all we knew was invest in your backyard. And so that was a really great experience for us. But what we realized was that we didn't see the scalability of it there. And when we worked backwards of what we're trying to achieve, you know, we had to close quite a number of single family doors to be able to get to a certain level that we're looking for. So they comedy's economies of scales were a little bit not quite there for us. We liked the space. But the other part of it was if you had one tenant leave the we're 100% occupied. And so it left us, you know, kind of a little bit nervous about expanding and growing that so we ended up converting and talking to other people and found multifamily syndications. And so by the end of 2019, early 2020s, we decided to, you know, educate ourselves, learn about it, and then start investing in multifamily syndications as a passive investor, and then we've been in that space ever since. 3:47 Okay, one of the questions I was asking is, did you buy a course or a mentorship? When 3:53 we got into multifamily or so in the beginning, we learned on our own, we read a ton of books, listen to a bunch of podcasts. And then towards the middle of 2020, when we decided to start our podcast and really get serious and maybe potentially go on the more active side of things, we got a mentor, we got a coach and then from there, join multiple masterminds other coaching programs since then, because for us, it was important for us to get that foundation, that educational background, and then expedite our learning and knowledge before we actually get into the active side of things. 4:31 I always like bringing that up because I mean, I've came from a course and a lot of people a lot of people listening to like most people from the outside looking in like Oh of course mentorships are a scam and you shouldn't have to pay for that. But it's always in the you said it right on the head. It's a it's an exercise to learn the active way to Investment Act of people that actually in the business, and you shortcut a lot of headaches. 4:54 Yeah, it really does. And if you really align yourself with a coach that you has already done it, you know, you can cut decades into, you know, much shorter period of times and minimize a lot of the mistakes and potential pitfalls as you get into the space, especially as a newcomer. 5:16 So, who's the coach can give a shout out to the coach and mentor? 5:19 Yep, it was Joe Fairless. And so he's fantastic. He does a ton of things in multifamily syndications. 5:26 Awesome, awesome. I always like giving credit where credit's due, because a lot of people, you don't know the impact that just by you shouting out your coach, like, oh, somebody can like come to the online and five years from now, like I heard Eileen mentioned you. It's such a cool experience, then there's a tree and branch, they pass it down to people that might come through the path as well. So it's always cool. I was like, I like given that that nod to the oops, hit something. Sorry about that technical glitch, because I see I hit my hand on the keyboard and started doing stuff. So what states are you actively investing in now because out of state is definitely a, a, a fear that a lot of people have, especially people in California and people that live in other markets, where California is a very hard market to buy stuff in, in general, but in other markets very, very easy. So what markets are you investing in now? And were you looking for properties? 6:22 Yeah, so we're invested in Las Vegas, Texas, and the care and North Carolina are where we primarily focus are active investments in. So we like the Sun Belt, places that have growth in their diverse economy, diverse employment, population growth. And so those are the types of places that we like to invest in. 6:44 So I want to go I want to see how faster like there's no wrong answer to this. But like, you started two years, it's almost three years now. What have you acquired since then, and in those states, and what's your goal this year, 6:57 so on, so we started off as passive investors. So as a passive investor, we have now been invested in about 13 deals passively. And then on the active side, we're invested in we've, on the active side, we're about six deals in and we have three deals under contract now that we're working 7:16 on, are you LPs, 7:19 LPs on 13, and then six going to be nine on the GP side. 7:25 Awesome, awesome. That's a such a cool, I think syndication is, it's a cool way to like, get into the business without actually, you put your money. And this is where like, if you want to learn anything, and I'm kind of jumping around here, but if you wanna learn anything, put your money into it, you'll learn very, very fast, how to do certain things, if once you put your money where your mouth is, and you you actually experience different experiences. So I think LP is a great option for people that want to get into that space. And it's one of those things where like, you put you put your money into the deal. So they're gonna, whoever the GP is, and other partners are, they're gonna lay out the deal, how it worked, how they acquired the deal, they're gonna teach you all that stuff that you might not know, but you'll learn. 8:06 Yeah, and really getting started as a passive investor was critical for us because it was a proof of concept. We could test it out with our own finances first before working with other people and, and bringing in other investors instead, alongside with us. And so for us, it was like nobody else had heard about syndications, not nobody in our network. And so we were really the first ones who are actually actively looking into it, trying it out, testing out the waters, and it's been a fantastic place for us. 8:36 That's good. I was like, if you guys gonna test the waters? Now, are you a full time investor now? Or is that you do something else on the side? Besides, yes. Which was up in two in a second? 8:48 Yep. So do the podcast, but I'm also still working my full time. WTO. 8:54 Awesome, awesome. So I don't not to be tos. It makes you a better investor. In some cases, when you're doing stuff like this, because you have w two income. For us entrepreneurs, it's a lot harder to do certain things. 9:06 Well, it is but then at the same time, it's great because with the real estate space and syndications and what we're doing, we were able to build up a really strong team and build up the really strong relationships. So our team members and our, our partners who are, you know, in those specific markets, you know, we can really heavily rely on them, and then work together closely. And so we've been fortunate enough to, you know, have that option of choosing to work with the people we want to work with in real estate. 9:35 Yeah, that's that the team is very, very important. Very, very important. We've, we've kind of we're very, we're on the active side, but we built our team pretty significantly now. We're, we're doing significant things, but the team is very, very important when we didn't have that first starting kind of grow as you grow slowly and painfully. But the team was very, very important. 100% So for all the team listening, we Appreciate you were the herzer mind you made things possible. So now this kind of paints a different picture for me because I didn't expect to go this direction. So you have a W two, you invest in real estate. And you're a full time podcaster because you are not doing it part time. 10:23 Yes, have a five day a week podcast, you are 10:26 not doing a part time. And for everybody here podcasting is not it's it's very fun, but it can be very draining in its own right. Because it's your job, talk to people talking to people can be draining. That's all competition draining, but they're just to take a toll on you. Good and bad ways. So full time podcaster. And you started when you started podcasts 10:51 since 20. started back in 2020. Yes, 2020. 10:55 So three years. So how do you were you always on a five day schedule? Or does recently pick that up? 11:02 So we started with a seven day a week schedule. But when I looked at the feasibility of it and wanting to keep it and maintain it long term, the five day a week schedule worked better for for us. And so I decided to convert from the seven day until five day a week podcast probably within like three months or so. 11:24 I think now that you say that probably need to do the same thing. Because what I've been doing is I've been doing seven days, and then I took like a month off. So I'm like maybe five days is what I needed some middle ground. 11:38 So I do consistent. Yeah, consistency. 11:41 I do this a lot. And it's fun, but I like my breaks whenever I get them. Because it's busy is busy sometimes and managing your schedule, personal life and business life. And doing this is crazy sometimes. 11:59 Absolutely. But we got to love what we do. We are fortunate enough to be able to do this. So 12:04 it's very, very true. Very, very true. The podcasting is a benefit. Can you name the biggest benefit you get from podcasting because I get different answers. But I want to hear yours. 12:17 For me 100% It's the networking and the relationships building. So without the podcast, you wouldn't have been able to find the deals, find the partners build out our network the way we have, and so quickly in the last, you know, couple of years without the podcast. And so we've been able to network with you know, 510 people per week, every you know, you get an intimate 30 An hour conversation with them. And then you get to figure out like, oh, is this person, somebody that I can work with potentially in the future, and then you start building relationship with them from there on out. So that's how we've been able to, you know, grow our grow our business. 12:57 It's like super networking. Yes, super networking. And it's entertainment. 13:03 It is it's so much fun, you get to hear so many different stories. And also, for me, I get so motivated when I hear people's stories and how they've been able to, you know, people who've lost it all in 2008 2009 have built up themselves up to this crazy level nowadays, and it's like, how did you do all of that, and then just be inspired by their stories and what they've been able to achieve in that amount of time. It's incredible. 13:30 For everybody here, we're both young investors. So we only can hear that through proxy relatively. No, no, you've been? I started 20. For me, it's five years. 2017. So I 13:44 still we're still infants, we're still infant stage. 13:49 Our first recession Yeah. But it's one of the things we're like, we're very young investors. And this is where like you always, it's always wiser to talk to people that had been down the path, and then through up and down cycles just because they they give you what's the word I'm looking for. They're very insightful to what couldn't can happen in a up or down market. So for everybody, I mean, we've seen up since we started, technically, it was always up, up, up, up, up, and now we're seeing it kind of leveled out and maybe down depending on who you ask. But it's very interesting perspective. From when I've been an investor, it's always been trending up, trending up, and I was like, Man, this is crazy. This is nice. And then everything went kind of sideways a little bit. But it's different perspective. And like, if you talk to people that have been in the space for a while, there's 2008 tons and investors, like they give you a lot of perspective. And that's what I like about podcasting. They give you a lot of perspective. And if you build a relationship with them, you can ask them certain things like, Hey, what happened here and you did this back then helps you prevent making mistakes. Yeah, absolutely. Which is priceless. Because you can't put can't put you can't put a price on time saved and money saved and experiences that you don't have to experience. Because those can be painful and time consuming in their own right. I think I had I had a podcast guest recently. And he said, he lost like, over a million dollars on one deal. And it was very, very painful. He learned a lot of lessons, but I didn't have to go through them. I just heard it. And I'm like, Thank you. Thank you, sir. I appreciate your struggle. 15:34 Thank you for your sacrifice. 15:38 Exactly. And that's, I think it's a huge benefit with podcasting and talking to people that have a lot more experience and you know, finding a mentor, all that stuff lays out into the grander scheme of things as you as a real estate investor to get you to the next step, which is important. Very, very important. So have you always been outgoing? 15:58 Have I always been outgoing? I see about do I see a lot going. 16:03 So this is like ask this question. Because most podcasts I talk to are introverts. 16:07 I would say actually, yes. Well, I would say I'm pretty introverted. Also, for the most part, like before starting the podcast, never did social media. Didn't really get out too much. And so it was actually our one of our, one of our mentors, and who had actually, our mentors and coach who had actually pushed us to help to start the podcast. And so and get us out of Yeah, or coach. Yeah, when we first started to help us get out of our mindset and challenge us. Because at the same time, I think about it's like, oh, well, you don't want to look back and think about, well, what if I started the podcast and, and, you know, what could have happened if I, if I decided not to start the podcast, you know, and then looking back, and I want to have regret, regrets. And so I really had to step outside of my comfort zone to get on a microphone, reach out to guests and ask them to be a guest on my podcast, getting over that fear of the imposter syndrome. Like, why do you why does somebody who has so much experience want to come onto my show, and share and talk to me, you know, so all that was a really, really stressful in the very beginning. And I had to overcome a lot of those challenges. 17:22 I will give your mentor, a giant pat on the back virtually because I tell a lot of people started podcast it it. And by him telling you that does he have his own podcast? 17:36 Yeah, he has the one of the longest running real estate pod daily real estate, podcast running. 17:42 That's good. And, man, every time I talk to podcasters, I tell people all the time, like please go start a podcast, you'll be surprised of the benefits you'll receive just by starting and being consistent. So I commend your mentor for telling you that and for everybody listening, go start a podcast, I'm telling you, it is very beneficial to your to your knowledge base beneficial to your real estate career to career very beneficial to you in general as a whole. I can't fathom the benefits, I can't fathom the the not benefits you receive by not doing it. You know, like, every time I think about this, I'm like, this is probably one of the best things I do. And I've grown to love it. And it is really trajector Put me on a trajectory I would never been on if I didn't start it. I think the same for you hearing your story. Actually, that you would never even thought you were could be on because you started the podcast. 18:42 Absolutely. And especially, you know, coming into the multifamily syndication space with not with not a lot of experience prior other than investing passively in other people's deals. By starting a podcast and inviting these experts onto your show you provide you become a thought leadership and you have this platform for people to come and share their expertise and share their story. So at the same time, you're also providing value to your guests to come on and share their stories and spread the word for what they're trying to teach and to educate other people on to and so it's not just you're getting value, but you're also adding value to other people. And just talking to people and what we talked about earlier about, you know, learning from their experiences. It's you know, unexperienced that I wouldn't trade. Yeah. 19:34 So do you have a goal for the podcast? But is there like a certain you trying to hit like 1000 episodes in three years or is there any type of goal at all or is it just kind of like I'm gonna do this consistently till something happens and I don't know when that happens. I'll find out. 19:49 I think it's just the consistency part of it. There's not really a big goal or milestone that I'm looking to hit with the podcast, but it's just, you know how to go I consist suddenly show up, how do I consistently continue networking with people grow my education based sharing with other people, at the same time growing my network. And so it's just now it's a, it's just part of me and who I am now. So it's like, oh, if I give up the podcast, it's kind of like a part of me now. I've been doing it for, you know, three, three years. So. So yeah. 20:23 Well, I do if I don't do this, yeah. It's such a such a, I have the same answer to I'm like, I don't know. I like what's your purpose? And like, for me, it's podcasting. I do real estate for fun now, like podcasts? I do. And it's a lot of ality I would say that a few years ago, but like, this is my main focus. Now, I think it's a, it provides a greater purpose, and you don't know the impact you can make. And I think that the possibility of that, just that question that somebody asked for, I get the energy from the do it. And, and a lot of people like, like, how do you find the time and like, you kind of make time for it. And I tell I tell people a lot of time, too, is like, I feel like not that I'm Superman, but I feel like I run off the sun. I have like an internal energy source that feels untapped. Yet, because I'm young, when I get older, I have a different different, different storyline. But since I'm young, I feel like I have a lot of thermal energy that I can devote to something like this right now. And I think, if you don't clean it somewhere, if it's like, it's like unused energy, you know what I mean? 21:37 Yeah, and like you said, you got to find the time to put in because it does take time, it takes a lot of work to put together a podcast and interview the guests and prepare all the materials and all that. But, you know, if you look at and you audit your day, and what you're spending your time on, you know, is what you're doing, can you can you redirect some of that energy somewhere. So like, when we first started our podcast, you know, had my, my son was barely two years old, he was still like a little baby at that time. And so I was, you know, waking up early in the morning, before he would get up and trying to catch people on the East Coast. So I was waking up at 430, doing interviews at five. And then. And then like, you know, on every other on Fridays that I have off, I would just scheduled back to back interviews. And so instead of, you know, taking that time off and doing something else, I decided to redirect that energy, and then focus it on the podcast instead. So you find the time if you want, if you really want to, you'll find time. 22:41 That is, it's that's a great answer. I think a lot of people like they have no purpose in life precisely. They feel like they can't reach and attain their goals. But once you find that purpose, it's just you don't necessarily need motivation or motivation. Like for 30. My first podcast that I did, it's funny story actually will give before 30, the sun had just come up. And my kids and my wife were asleep. So I literally recorded it outside in a hoodie because it was cold here in California. And I was outside literally an accessory cord with a laptop. And it was very, very cold in the morning. There's dogs barking in the background. So every time I stopped talking, I mute myself. 23:29 And the sun comes up as you're finishing your episode. 23:33 Yeah, yeah. Perfect listening to you. It is the episode you were able to check out through this podcast called, but you can probably find that episode out there. So if you'd like yeah, I want to I want to actually want to see that story. And you'll find it. 23:48 Oh, you our guests on April's podcast when you were interviewed in that first one when you were on his? Yes. Yeah. Okay. Got to check that out. 23:55 Yes, yeah. So April check goes. He's got to say, Antonio, which is where my partner's from. So we actually knew April back in, like cross paths in San Antonio. 24:03 So yes, I know able to. 24:06 Yeah, like April. It's a small world out here. It's a small world out here apparently. Yes. In the investor space, especially. I think I think multifamily space is very small. It's very tight knit. I don't know it's just one of those spaces. So what is your what is a quote that is yours or somebody else's that you resonate with? 24:34 Who not why it's also the name of a book. And so that's something that as we started this real estate journey that we did that, you know, that we keep hearing over and over again, it's you know, if you're looking to build up if you're looking to get somewhere, achieve some goals instead of looking at the art how not why or who not how sorry, who not how and so instead of focusing on the how, of how to do things or How To get started, you know, it's really important to find the who's in your life, to be able to help you get to there, because it's in this space in any business that we're in, we're all in a people building relationship, and it's who can get you to that next space, who can help, you know, expedite your journey, or who can help you, you know, overcome certain challenges. 25:20 That is 100% 100% the factor and I think a lot of people under underestimate that who, because they feel like, they have to do everything themselves, like I have to, I have to learn how to do this and become the best at it. And I'm like, no, let that stuff go. I don't want to do that. Too old to learn new things. But there's a lot of people that are, they love what they do and how they do it, and they're proficient at it way more than you can ever be proficient at it. So just hire them. hire them. Because there's gonna be people out there that are just way better than you and it's okay. It's okay. Just let it go. Let it go and be do the best you can with the people you can. Not you personally, but hire the people, that it's a great quote, I have not read the book. I'm not a reader myself. But I just the trick is for everybody who is not a reader, you join a book club, and they break down the whole book for you. So you don't actually have to read it. There's a hack for everybody else. If you're if you're like me, I see that every once in a while, because it's funny, because I'm not a reader or your reader at all. 26:35 I am I do like reading. I like the hard the hardcover books, you know, paper and holding it instead of like that, like a Kindle or something. I just like the paperback books. 26:45 Okay. Yeah, my, one of my one of my buddies wrote a book, he signed it for me. And I'm like, Thank you, I'll put this on the bookshelf and never open it again. And if I don't feel assaulted or not, but I'm not a reader. It's just not me. It's just not me. So I'm talking about real estate, we talk about your podcast. I love I love the what has been your best advice you got from the guest as a podcast hosts, because we get a lot of good stuff, like the first thing that pops in mind. 27:21 Yes, I think the first thing that pops in my mind is, you know, taking take, when you're looking to start something, if you're looking to get to a goal or achieve or start something up new, you know, we can all get into this analysis paralysis. But in order to make those moves, take those get get you moving to where you want to be where you see yourself, you have to take your knowledge and apply it and take action. So the applied knowledge part of it is really important. It's not just about studying and absorbing knowledge. And that's an important part of it. But it's really about applying the knowledge that you take in what do you do with it? Because you can get into this analysis paralysis, where all you do is just consume, consume, consume, but you never take that action and you never see the results. Because you never take those moves to get you to next to that next step. 28:19 Yeah, it's, it's 100% True. You have to put in the work. And you'll learn more than you ever could from a book, as weird as it sounds, but when you actually put in the work, the work of calling and doing whatever doing whatever action it is, whatever it takes, whatever action it requires, once you put that in, that that that that muscle building, in that the actual action of doing it actually builds the most, the most training from A to Z. Nope. 100% Yeah, that action takers, action takers. One of the one things I always did, when I especially when I started doing this side of business, if you take massive action, you'll you'll you'll get to where you want to go quicker. And it actually act massive actions actually is required to get to where you want to go. So I feel like a lot of early early investors, they feel like one they don't know enough, once they know enough, they don't have the they think they're doing enough action to produce results. But they're really not. So you're always gonna like two or 3x the action you think you need to do, and then you'll actually produce results or you actually learn on the way of what actually takes to get to where you want to go. And it's always more action than what you think it is. 29:44 Yeah, and I think the other thing too is sometimes we get into like the society and the world that we're in now it's a lot of it has to do with like instant gratification, and you have instant and overnight success. And we get into real estate and you get into you know setting out to achieve those goals that you've put out for yourself. It really takes consistent action over a long period of time. So if you're looking for short term, short term gains, it's so easy to fall off the horse and to give up. But if you look for it, you know, down the long run, look as a long term goal or long term gain, then it helps you do those consistent actions and keep moving forward. 30:25 It takes years, years to succeed. Six years, it takes years in the podcast, it takes years in real estate, it takes years, I think that there's a quote that goes kind of like, don't measure your success by the years measured by the decades. It takes it takes decades and years to produce the result in life you want. So if you're only in it for a year, six months, or 12 months, I took it all the time as like, I've been doing this for three months, and I can't get my first contract. It took me seven months to get my first deal. Like when I was in it, I felt the pain. And it hurt. Seven months. 31:08 Yeah. And it's so easy, because you're not seeing that instant gratification. You're not getting that deal. And you're like, Oh, why am I still doing this? But you can sit you can you stayed consistent and persisted. And then you know, seven months later, you're ended up with the deal. 31:25 Yeah, it takes it takes a lot more time and action that you want to want it to find I made the world if I made the world the way I wanted it to and you'd get instant results, but it just doesn't work that way. 31:38 Yes. And there's there's this from this is from another book, it's called Thinking grow rich. And so it's quite a famous one also where they give an imagery of a person who is looking for gold, and he's digging and digging and digging, and he gives up. And then he didn't know and realize that just three inches away from where he stopped digging, there was a pile of mound of gold. And so the next person that came and you know, struck it rich really quickly, but it's like you're digging and digging, digging, but you never realized that like, just that three, three more inches and you would have gotten there. 32:14 Yeah, sometimes you have to like, you have to like it. Sometimes you have to find like the internal strength to like, Hey, I'm literally right there, it's gonna keep going. Literally right, anything going? It's always like, my wife is a pessimist. And I'm the optimist in the in the relationship. So I'm always looking for it's right there was like a teacher, right there. 32:42 Gotta have a little balanced one who's a reacher but somebody who has to help ground you to 32:48 100% because the optimist can get lost in the clouds very easily. When there's no string to pull them back down. It's definitely a balance. I think I think business relationships have to balance too. I think everything life has to be balanced. So if you're naturally optimist like me, finding a partner who's a little bit more grounded, that can always bring you back to realization is always a blessing bonus. And if you have business relationships as well, you're always gonna find the opposite view. Because if you have similar abilities and similar thought processes, you're always gonna butt heads. Because they're not exactly alike, and they're always going to deflect this has been a great episode. I hope you all learned a lot. Where can people find you online? Eileen, will put up your website here. Bonobos capital, we never talked about bonobos capital was one of us capital. 33:45 So we're a multifamily syndication company. We help other people learn about passive income and passive investing in multifamily syndications. And so we're just we're just looking to share what we've known with other people, and then share those opportunities with other people as well. 34:02 So definitely go check out that and then we also have how they did it real estate podcast. I was absolutely I was on the show. I lean is a great host for everybody listening. I know she's a guest today. But she was a great host. Thank you. Comcast. Any final thoughts? Or final plugs? You want to plug in? 34:26 Yeah, so if anybody wants to connect on LinkedIn to that's where I'm most active, um, it's just Eileen prac. And, yeah, so I thank you so much for the opportunity for having me here today. And it was a blast talking with you. And thank you for letting me share. 34:39 Oh, thank you. Thank you. Thank you for your time. And thank you for the benefit and resources you provide to the world through your podcast and education and dedicating and finding the time to share that knowledge with the world. So I appreciate you and for everybody listening to I hope you enjoyed this episode. Please go like follow subscribe, share with a friend and make an impact in your The world today we'll see on the next episode guys thanks for listening

Daniel Esteban MartinezProfile Photo

Daniel Esteban Martinez

Host/ Ceo/ Speaker

I have been an entrepreneur since 2018. I come from a regular home just like most people. My dad worked on the roads in the Chicago area for over 30 years. He always taught me to work with my brain, instead of my body. Your body can only take so much abuse. I learned so much from my father. He always pushed me to work smarter and not harder.

I have owned and operated a trucking business for 2 years. I started learning real estate in 2019. Fell into the Data & Skiptracing business in 2020. My partner Anthony & I started Hivemind in 2021.

I have done a ton of different jobs coming up from painting, to door-to-door sales, telemarketing, truck driving, and loading trailers. What I learned most is that I want to stay in the digital business space. The leverage you can have delivering digital products to the marketplace can yield limitless possibilites.

I started The List Guys in 2020. It is a data and skiptracing service. We provide seller and buyers list nationwide. My clients have been getting great results and I am proud to help people killing it.

I started the Hive in 2021 with my partner Anthony Gaona. It is a real estate and business mastermind. It also comes with a all in one CRM, that can host unlimited websites and users.

Starting the Hivemind has been an amazing journey so far. Seeing one of our users make his 6 figure month in June 2021 leveraging our software, I know there will be plenty more to come!

Aileen PrakProfile Photo

Aileen Prak

Aileen Prak is a real estate investor and the Co-Founder of Bonavest Capital. Her focus is on investing in multifamily syndications both actively and passively across different markets in the US. Aileen is also the co-host of the weekday podcast How Did They Do It? Real Estate, where they have interviewed over 600 real estate experts.