Jeremiah Boucher built a $400 Million portfolio of commercial assets (self-storage facilities, mobile home parks, industrial assets) from zero, through constant improvement, investing ahead of the curve, and hard work & execution.

In this episode:

• Introduction: Jeremiah Boucher introduces Jared Elmar, owner of the Geneva Group, who is launching his book "Built from Nothing." Jared has experience across multiple real estate sectors except self-storage and mobile home parks.
• Jared's Background: Jared initially had a radio show focused on financial services like life insurance and wealth transfer, which got affected during the global financial crisis of 2008. He reinvented himself by focusing on real estate investment.
• Transition to Real Estate: Jared began investing in residential properties and sold most of them before the financial crash. He then transitioned to commercial real estate, starting with multifamily units.
• Challenges and Growth: Jared's first multifamily deal was a challenging one, with significant issues like crime and accidents, but was successful in generating returns for investors. This deal sparked his interest in syndication.
• Strategic Adaptation: Jared shifted from multifamily to industrial and retail spaces due to scalability issues with multifamily. His approach involves adapting to different asset classes and market conditions.
• Importance of Intuition and Vision: Emphasize the role of a visionary in identifying deals that others may overlook, focusing on intangibles like market conditions and potential property improvements.
• Current Market Strategy: Prepare for future opportunities by enhancing his acquisitions efforts and anticipating foreclosures, believing that capital flow changes cap rates rather than interest rates.
• Negotiation Skills: Value authenticity and emotional intelligence in negotiation, stressing the importance of understanding the seller's motivations and conditions beyond just the numbers.
• Leadership and Culture: Jared fosters a culture of philanthropy within his company, encouraging his team to engage in charitable activities, which has contributed to the company's positive work environment.
• Fitness and Mental Clarity: Fitness is a crucial aspect of Jared's life, providing mental clarity and discipline, which supports his resilience and leadership capabilities.

Are you interested in investing in Commercial Real Estate?
Learn more at www.patriotholdings.com

Jeremiah Boucher built a $400 Million portfolio of commercial assets (self-storage facilities, mobile home parks, industrial assets) from zero, through constant improvement, investing ahead of the curve, and hard work & execution.

In this episode:

• Seasons and Cycles: The discussion begins with the acknowledgment that life, investing, and relationships go through seasons and cycles, and it's crucial to recognize and work through plateaus.

• Consistency Over Determination: Jeremiah emphasizes that "consistency outperforms determination" by explaining that repeated efforts will lead to success rather than sporadic bursts of determination.

• Avoiding Distractions: He highlights the importance of sticking to a chosen path without getting distracted by new shiny opportunities, sharing his experiences where diversions led to lost momentum.

• Setting Metrics: Jeremiah shares how setting clear and measurable daily metrics, like making a specific number of sales calls, helps maintain focus and drive progress.

• Measuring Progress: The use of tools like trackers for health or business metrics can provide accountability and stop the individual from creating excuses about their progress.

• Scorecarding in Real Estate: The importance of having a clear scorecard system in place for real estate transactions, which includes prospecting, evaluating, negotiating, and closing deals consistently.

• Professionalism and Accountability: Jeremiah stresses the importance of showing up and doing the work whether one feels like it or not. True professionals maintain this discipline regardless of circumstances.

• Continuous Improvement: Significance of self-evaluation and consistent improvement to eliminate excuses and foster personal and professional growth.

• Building Confidence through Consistency: Consistency in action builds competency, confidence, conviction, and character. By learning to respect oneself through consistent effort, one earns the respect of others.

Are you interested in investing in Commercial Real Estate?
Learn more at www.patriotholdings.com

Jeremiah Boucher built a $400 Million portfolio of commercial assets (self-storage facilities, mobile home parks, industrial assets) from zero, through constant improvement, investing ahead of the curve, and hard work & execution.

In this episode:

• Connection and Addiction: Jeremiah Boucher opens up about his exploration into addiction, defining it as a lack of connection with oneself and others.
• Personal Disconnection: Jeremiah shares his recent feelings of disconnection, both personally and professionally, and how these feelings have led him to study addiction.
• Catalyst for Discussion: A tragic event at his high school reunion, where a friend committed suicide, prompted Jeremiah to reflect on the widespread issue of disconnection in people's lives.
• Cultural Distractions: The episode discusses how modern distractions like social media, workaholism, and consumerism contribute to disconnection and addiction.
• Understanding Childhood Trauma: Jeremiah delves into the impact of childhood trauma on adult behaviors, emphasizing that many people carry unresolved traumas influencing their current lives.
• Entrepreneurial Challenges: He reflects on his own entrepreneurial journey, noting a cycle of manic highs and lows driven by external achievements, leading to further isolation.
• Breaking the Cycle: Jeremiah stresses the importance of slowing down, connecting with others, and being present to break free from addictive patterns and disconnection.
• Therapeutic Practices: He recommends therapy and community connection as practical ways to address underlying emotional issues and foster better relationships.
• The Spiritual Aspect: The episode touches on the idea of addiction as a spiritual journey, emphasizing personal connection to oneself and the broader world.
• Call to Action: Jeremiah invites listeners to reflect on their own lives, identify their disconnection sources, and focus on building meaningful connections and self-awareness.

Are you interested in investing in Commercial Real Estate?
Learn more at www.patriotholdings.com

Jeremiah Boucher built a $400 Million portfolio of commercial assets (self-storage facilities, mobile home parks, industrial assets) from zero, through constant improvement, investing ahead of the curve, and hard work & execution.

In this episode:

• Jeremiah mentions the importance of finding personal space and meditation. How do you incorporate personal mental space into your daily routine, and how has it impacted your life?
• The concept of "letting the game come to you" is discussed with a reference to Michael Jordan's strategy. How do you interpret this idea in your personal or professional life?
• Jeremiah emphasizes the value of tough conversations. Can you share an experience where having a difficult conversation led to positive outcomes?
• Reflecting on Jeremiah's learnings about patience, how do you handle periods of slow growth or stagnation in your personal or professional life?
• How do you balance the drive to achieve immediate results with the practice of 10-year thinking, as described by Jeremiah?
• Jeremiah talks about the significance of having a strong relationship with oneself. In what ways do you cultivate self-awareness and self-improvement?
• The episode touches on the role of pain as a learning tool. Can you share a time when pain or discomfort led to personal growth or a change in perspective?
• Jeremiah discusses the misconception that money leads to happiness. How does this align with your own beliefs or experiences regarding money and fulfillment?
• How do you approach the challenge of aligning your daily actions with your long-term goals, as discussed in the episode?
• Jeremiah reflects on the lessons learned over the year and the meaning we create through our experiences. What have been some of your key takeaways or lessons from this past year?

Are you interested in investing in Commercial Real Estate?
Learn more at www.patriotholdings.com

Jeremiah Boucher built a $350 Million portfolio of commercial assets (self-storage facilities, mobile home parks, industrial assets) from zero, through constant improvement, investing ahead of the curve, and hard work & execution.

In this episode:

• Discipline's Personal Nature: Discipline is fundamentally about the relationship you have with yourself, and it's about setting personal standards rather than adhering to external expectations or comparisons.

• Avoiding Perfectionism: Striving for a perfect picture of discipline can lead to burnout and unsustainable practices. It's important to align discipline with realistic, personal goals.

• Self-awareness and Reflection: Achieving discipline requires self-awareness and reflection to understand what you genuinely want to pursue and what potential you aim to realize.

• Persistence and Practice: Mastery in any area requires far more practice and dedication than initially anticipated. Discipline is a continuous effort.

• Intrinsic Motivation and Worthiness: Discipline stems from acknowledging your self-worth and recognizing that you deserve to work towards your own goals irrespective of others' opinions.

• Managing Stress and Pressure: Handling stress and pressure is crucial in maintaining discipline. It involves recognizing stress for what it is and learning to manage it through focus and controlled actions.

• Balance and Support: Having a support system, like a partner or loved one, is vital in managing the challenges that come with discipline. It can help balance the mental load.

• Listening to the Right Voice: There are always competing internal voices – one urging complacency and the other pushing for growth. Discipline is about choosing to listen to the voice that drives action towards your goals.

• Consistency in Small Decisions: Every small decision contributes to the larger picture of who you are and what story you live. Consistency in disciplined actions shapes your life narrative.

• Constructive Reflection: Regularly reflecting on your potential and goals is crucial. Writing these down helps in maintaining focus on what truly matters and ensures you remain aligned with your higher aspirations.

Are you interested in investing in Commercial Real Estate?
Learn more at www.patriotholdings.com

Jeremiah Boucher built a $350 Million portfolio of commercial assets (self-storage facilities, mobile home parks, industrial assets) from zero, through constant improvement, investing ahead of the curve, and hard work & execution.

In this episode:

• Self-Worth and Business Identity: Jeremiah emphasizes the importance of not identifying oneself with their business or financial success. Personal worth is not tied to financial status.

• Value of Money: Money itself does not create happiness. While it’s necessary for certain comforts, genuine joy comes from non-material experiences and connections.

• Comparisons and Self-Perception: Comparing oneself to others is unproductive. Instead of focusing on others’ standards, it's essential to find personal fulfillment through one's unique path.

• Work-Life Balance: Taking strategic time off is crucial. Overworking can lead to burnout, and time away from work can enhance creativity and personal well-being.

• Intentions Behind Actions: The intention behind actions matters. Authenticity in doing what you love naturally leads to better productivity and fulfillment.

• Understanding Personal Strengths: Knowing and leveraging personal strengths, while delegating tasks you dislike, can lead to more satisfaction and effectiveness in business.

• Size and Growth of Business: Bigger is not necessarily better. Fast and unsustainable growth can lead to more problems and potential business failures; steady growth is preferable.

• Personal Fulfillment: Following what personally fulfills you rather than what’s expected by others leads to a happier life and more sustainable success.

• Joy in Simple Pleasures: Real joy is found in simple, non-material activities like exercising, spending time in nature, or being present with loved ones.

• Continuous Learning and Adaptation: Growth comes from learning through experiences, including mistakes, and adapting positively. Constant self-reflection and being present are key to growth.

Are you interested in investing in Commercial Real Estate?
Learn more at www.patriotholdings.com

Jeremiah Boucher built a $350 Million portfolio of commercial assets (self-storage facilities, mobile home parks, industrial assets) from zero, through constant improvement, investing ahead of the curve, and hard work & execution.

In this episode:

• Pillars of Health: five pillars for optimal health: exercise, rest, nutrition, mindset, and relationships, crucial for performance in business and personal life.
• Exercise & HIIT: High-Intensity Interval Training (HIIT) is recommended as an efficient exercise method for busy entrepreneurs, providing maximum benefits in minimal time without the wear and tear of traditional weightlifting or long cardio sessions.
• Importance of Recovery: Adequate sleep is critical for business leaders, akin to top athletes. Jeremiah shares tips like maintaining consistent sleep schedules, minimizing blue light exposure, and creating a dark, cool sleeping environment.
• Mobility and Hydration: Using massage tools like a Theragun can aid muscle recovery, while consistent hydration with magnesium and electrolytes supports overall well-being.
• Nutrition Basics: Jeremiah advises consuming whole foods, minimizing sugar intake, and practicing meal timing to avoid eating right before bedtime for improved energy and digestion.
• Mindset & Mental Health: Maintaining a positive mindset through journaling, therapy, and scheduled downtime is advocated. These practices help reduce mental clutter and promote creativity.
• Nature and Movement: Simple activities like morning walks are highlighted as effective ways to energize, clear the mind, and maintain a good mood throughout the day.
• Value of Relationships: Relationships offer profound benefits beyond business interactions. Rekindling connections with friends and loved ones is essential for emotional and mental health.
• Supplements and Cognition: Discussion on certain supplements and substances, like phenylpiracetam and nicotine, which may aid cognitive performance, alongside traditional boosters like caffeine and magnesium.
• Health as Wealth: Jeremiah stresses the unmatched value of health, asserting that no financial success can compensate for the loss of health. Building healthy habits is crucial for long-term well-being and business success.

Are you interested in investing in Commercial Real Estate?
Learn more at www.patriotholdings.com

Jeremiah Boucher built a $350 Million portfolio of commercial assets (self-storage facilities, mobile home parks, industrial assets) from zero, through constant improvement, investing ahead of the curve, and hard work & execution.

In this episode:

• Successful fund management requires fund sponsors to have an "edge" and significant personal investment to ensure commitment and accountability.

• Funds have General Partners (GPs) who lead the fund and Limited Partners (LPs) who are passive investors. GPs must put personal funds or credit on the line.

• Fund management focuses on raising capital, acquiring and operating assets, and ensuring transparent fund administration and reporting for investor confidence.

• Funds should hold multiple assets for diversification, protecting against losses and ensuring stability.

• Different strategies are discussed, such as Value Add Fund targeting C and B class assets for higher returns and Triple Net Investments for lower returns.

• High-interest rates and stagnant rents have reduced deal flow, emphasizing the need for focusing on profitability over sheer growth.

• Changes in law now allow fund managers to advertise raising capital, with a focus on accredited investors under a 506(c) private placement.

• Compliance is crucial, with third-party administrators validating financials and ensuring accurate and timely reporting.

• Platforms like InvestNEXT are vital for effective communication, fund management, and seamless transactions with investors.

• A Real Estate Edge Live event for investors in San Diego from Nov 1-3 to focus on asset protection, tax strategies, and wealth-building.

Are you interested in investing in Commercial Real Estate?
Learn more at www.patriotholdings.com