Summary

This episode was a discussion between Kim Lisa Taylor, the founder of Syndication Attorneys, and Krisha Young, Business Development Director and Client Success Coach at the firm. The main topic was overcoming mental barriers that prevent people from achieving their goals, particularly in the context of real estate syndication. Krisha shared her background as a personal coach and holistic nutritionist, and discussed strategies for cultivating a growth mindset, becoming self-aware, reframing negative thoughts, and developing positive habits and routines. She and Kim introduced frameworks like the 'Miracle Morning' and Krisha’s own 'Pattern Release Coaching' model to help clients identify and overcome limiting beliefs and self-sabotaging patterns. The discussion also touched on the importance of gratitude, pronoia (the opposite of paranoia), and living in alignment with one's values. Kim and Krisha emphasized the firm's commitment to supporting clients not just legally, but also in their personal and professional growth.

Interview Highlights

Q: What are mental barriers?

A: Mental barriers are fears, doubts, worries, or past programming that come up and make someone feel incapable or not good enough, blocking them from achieving their goals.

Q: What role do habits and routines play in overcoming mental barriers?

A: Developing healthy habits and routines creates an ecosystem that supports personal growth and overcoming barriers. Practices like gratitude, affirmations, and following a framework like the Miracle Morning can help shift one's mindset.

Q: What are some common misconceptions that hold people back?

A: Common misconceptions include equating failure with being a failure, perfectionism leading to procrastination, and a victim mentality of life happening 'to' them.

Q: How do you cultivate more positive self-talk?

A: Becoming aware of negative self-talk through journaling, reframing it with counter-phrases or affirmations, and understanding where it originates can help replace it with positive self-talk.

Q: What are some tools to get past self-imposed barriers?

A: Tools include journaling, observing body sensations, gaining clarity on the root causes, taking ownership through personal responsibility, and continuously refining the process with compassion.

Q: Can you discuss the framework you use with coaching clients?

A: Krisha uses a 5-stage 'Pattern Release Coaching' framework: 1) Awareness, 2) Observation, 3) Clarity, 4) Ownership, and 5) Refinement, layering in different tools at each stage.

Action Items

· Become aware of mental barriers and negative self-talk through journaling

· Observe where you feel those thoughts/emotions in your body

· Gain clarity on the root causes behind the barriers

· Take ownership and personal responsibility for creating the life you want

· Continuously refine the process, using tools like affirmations, vision boards, breath work, etc.

· Develop healthy habits and routines like gratitude practice

· Consider attending the firm's mastermind program for personal and professional growth support

· Potentially attend a future workshop on creating a life/business plan

· Read recommended books like The Miracle Morning and Dare to Lead

· Reach out to Krisha or the team for coaching or strategy sessions

Join us as our host, Attorney Kim Lisa Taylor interviews Hitomi Yasuda and Hans Christian Seelinger about why competent underwriting is so important when evaluating potential deals for real estate syndication purposes. Kim and her guests delve deep into real estate underwriting, explaining the common mistakes real estate investors make and how you can avoid them.

Episode at a glance:

• Hans' self-taught real estate journey from Venezuela.
• Hitomi's transition from the clothing industry to real estate.
• Key underwriting principles and risk assessment.
• Challenges of managing tenants, vendors, and staff.
• Best practices for conservative underwriting and market cycles.

Attorney Kim Lisa Taylor interviews Troy Eckard, founder of Eckard Enterprises, about investment opportunities in mineral rights on properties that get leased to big oil companies for oil field development.

Learn the difference between mineral rights and real property ownership, how mineral rights are packaged and leased, and whether mineral rights are a viable alternative to investing in real estate.

Episode at a glance:

• What are "mineral rights"?
• Strategy for buying mineral rights
• How do you get someone to lease the mineral rights you've acquired?
• The primary risks of investing in mineral rights related to oil and gas