In this power-packed episode of Forged in Fire, Jim Pfeiffer, a seasoned real estate syndicator and founder of PassivePockets, spills the secrets to his success in the world of passive investing.

From a financial advisor to a real estate mogul, Jim’s journey is full of valuable lessons on avoiding rookie mistakes, building your dream network, and finding the right community to fast-track your success.

With over 15 years of experience, he shares how learning from others’ failures can save you time and money—and why community is EVERYTHING when it comes to thriving in syndications.

If you’re ready to take your real estate game to the next level, this episode is a must-listen!

Timestamps:

02:41 Introduction to Jim Pfeifer

04:11 Backstory on

08:03 Data for Projects gets lost all the time

13:11 Jim's biggest investment mistake

28:23 Fire round Hot Seat

23:07 Jim's daily habit that contributed to his success

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In this episode of the Forged in Fire Podcast, we’re joined by Jonathan Chambless, Founder & CEO of LV8RLABS. He shares his vast knowledge of Asset & Risk Management, focusing on how blockchain technology is revolutionizing industries.

With over a decade of experience in CRE Management & Development, Jonathan discusses his journey from Mid-Rise Portfolio Manager to Commercial General Contractor, and his commitment to decentralization and self-sovereign data.

Tune in for a deep dive into how cutting-edge technology is transforming asset management and creating more equitable, transparent systems!

Timestamps:

02:42 Introduction to Jonathan Chambless

04:11 Backstory on Jonathan Chambless

08:03 Data for Projects gets lost all the time

09:26 Carfax comparison

15:04 Is your company comparable to a CoStar product?

23:18 Fire round Hot Seat

31:19 How to connect with Jonathan Chambless

VISIT OUR WEBSITE https://www.forgereiacademy.com

If you're interested in learning more about Real Estate and connecting with us:

Watch on YouTube: ??? ADD LINK PLEASE

JOIN OUR FACEBOOK GROUP: https://www.facebook.com/share/g/184CJG3S4w/

Be Our Guest! We are continuously working hard to help our listeners with their journey to real estate & entrepreneurship. If you think you can add value in any way to our listeners who are in the industry, then let's connect.

Apply here: https://www.forgereiacademy.com/podcast

Nate Pharmer and Cole Farrell discuss the importance of setting clear goals and tracking progress in business. They emphasize the need for a documented plan, including the "why" behind goals, and the significance of tracking key performance indicators (KPIs) such as revenue and marketing effectiveness. They highlight the importance of flexibility, using a hypothetical golf ball business to illustrate how to pivot strategies in response to market changes or unforeseen events. The conversation also touches on the value of standard operating procedures (SOPs) and seeking mentorship from experienced individuals to navigate challenges effectively.

Action Items:

1. ) Develop a clear goal for the new venture and understand the underlying "why" behind it.

2.) Document the goal, milestones, and action steps in writing.

3.) Identify the key performance indicators (KPIs) and metrics to track the progress of the new venture.

4.) Create standard operating procedures (SOPs) to document the processes involved in the new venture.

5.) Seek guidance and mentorship from experienced individuals who have successfully launched similar ventures.