Confessions of a Real Estate Entrepreneur w/ Moses Kagan (REI155)

Robert Leonard talks with Moses Kagan about his thoughts on higher education, how he’s implemented some of his learnings from Warren Buffett into his company and why everyone should read his shareholder letters, some of the mishaps in his first real estate deal, his experience in the 2008 downturn, and explains where we are in the real estate cycle.

Moses is the co-founder & partner at Adaptive Realty and has been involved with the acquisition & renovation of more than 100 buildings in Los Angeles. He earned his Bachelor’s from Princeton and a Master’s from the London School of Economics. Moses is married, has three sons, and lives in a beautifully-restored 100-year-old home in LA. Moses is also the co-founder of ReConvene, one of the highest-value private equity real estate conventions to have emerged in the last few years. 

IN THIS EPISODE, YOU’LL LEARN:
00:00:00 - Intro
00:00:42 - Moses’ thoughts on higher education
00:01:09 - Why there are more wealthy dumb people in real estate than in any other field
00:05:50 - How Warren Buffett has influenced him
00:08:21 - What’s most important to provide investors
00:24:39 - His experience in the 2008 downturn
00:32:14 - How he views remote single-family rentals
00:38:56 - How diversification is for when you are already rich

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????️ Access our free show notes and transcript here: https://www.theinvestorspodcast.com/real-estate-101/w2-to-self-storage/

????  BOOKS MENTIONED:
- Rich Dad Poor Dad by Robert T. Kiyosaki - https://amzn.to/3W9oTtW
- Berkshire Hathaway’s Shareholder Letters by Warren Buffett - https://amzn.to/3G1iA55
- The Bezos Letters by Steve Anderson - https://amzn.to/3v4x6UA

▶️ RELATED EPISODE:
- (REI143) Warren Buffet-inspired Real Estate Investing w/ Keith Wasserman: https://www.theinvestorspodcast.com/real-estate-101/buffett-style-real-estate-investing/

???? OTHER RESOURCES
- Connect with Moses: https://twitter.com/moseskagan
- Check out ReConvene: https://www.re-convene.com/
- Seeking Alpha is a crowd-sourced content service for financial markets. Take control of your financial future — Use our link here for a special $140 discount: https://bit.ly/3PVyNfF

Disclosure: Some of the links above are affiliate links that we may earn commission from. This helps keep our show going! ????
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ABOUT OUR SHOW ???? 

On Real Estate 101, we interview successful and experienced investors from various niches such as Chad Carson, Axel Ragnarsson, J Scott, and more about strategies and actionable advice that will help you on your journey, whether you’re just getting started or looking to grow your business.

???? Website: https://www.theinvestorspodcast.com/real-estate-101/

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WHO I AM:
I’m Robert Leonard, an accounting and finance professional who’s looking to share my knowledge and experiences in personal finance and investing ????. On my 26th birthday, I retired from my six-figure corporate career to pursue my new dreams of being an investor and entrepreneur. Today, I’m the VP of Growth at ???? The Investor’s Podcast Network, an active ???? real estate and ???? stock investor, and also ????️ race motocross from time to time.

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