Join us as we delve into the fascinating journey of Bala Krishnan, a tech entrepreneur turned real estate investor. Bala shares his insights on creating exponential wealth through his disciplined 10Y investment model. Learn how he transitioned from tech to ground-up build-to-rent real estate investing, achieving financial independence faster than expected. Tune in to understand the power of wealth multiplication over cash flow and why disciplined investing is crucial in today's market!

About Bala Krishnan

• Bala founded the tech start-up – Peel, based in Silicon Valley, California. He raised $96 Million from Top-Tier Silicon Valley Venture Capitalists – Harrison Metal, Redpoint Ventures, Lightspeed Ventures, Samsung Ventures and Alibaba Investments.
  Peel launched in the Apple App Store and Sold in the Apple Store. Peel software and reference design ships on all major android phones – Samsung, LG, HTC, Lenovo, Motorola, Huawei, Oppo, Sharp and Panasonic.
  Bala has been investing in Real Estate deals with a focus on ground-up new construction, land development and heavy-lift value-add and repositioning. With extensive experience in land development, entitlement, stabilization and operations, Bala is a full 360 degree developer with real-life first hand experience in all aspects of the deal life cycle. Bala operates in the Real Estate markets of Silicon Valley (CA), Phoenix (AZ) and Dallas / Fort Worth (TX). Bala’s current focus is in building ground-up, Build-toRent Communities and Land Development in the Phoenix MSA market.
  In 2017, Bala started the “Engineering Entrepreneurship” program at the University of Arizona and designed the course curriculum as a hybrid program developed in collaboration between the Eller School of Business and the University of Arizona Engineering School. This program was further developed and is currently being offered as an elective minor to undergraduate engineering students with courses to choose from for every semester of their study.

Here are some power takeaways from today’s conversation:

01:55 His background

18:55 What sparked 10y?

21:55 Has the model worked through the post-COVID economy?

26:30 3 phrases to 10y

31:06 Wealth gain vs cashflow

37:31 Build to rent

42:09 Contact Bala
42:46 Podcast recommendation

This show is for entertainment purposes only. Nothing said on the show should be considered financial advice. Before making any decisions, consult a professional. This show is copyrighted by Passive Investing from Left Field and Left Field Investors. Written permissions must be granted before syndication or rebroadcasting.

Resources Mentioned:

Podcast Recommendation:

Dr. Huberman Podcast: https://www.hubermanlab.com/podcast

Tosh Show: @toshshow
Joe Rogan: https://www.joerogan.com/

Contact the guest:
LinkedIn: https://www.linkedin.com/in/balavkrishnan

Advertising Partners:

Vyzer:
https://vyzer.co/

Midloch:
https://midloch.com/

Left Field Investors:
https://www.leftfieldinvestors.com/

Rust Belt Capital
https://rustbeltcapital.com/

Tribevest:
https://www.tribevest.com/

Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suh
https://www.leftfieldinvestors.com/books/

Join us on the "Passive Investing from Left Field" podcast as we dive deep into the world of real estate with Cliff Minsley, co-founder of Ten Federal. Discover how transitioning from multifamily to self-storage, embracing technology, and innovative strategies have shaped his successful investment approach. Tune in to gain valuable insights on navigating the real estate market and leveraging technology for business growth.

About Cliff Minsley

• Partner & Co-Founder of the 10 Federal Companies, Clifton is responsible for leading corporate strategy, capital raising, finance, technology development, and business development, including the real estate development and construction divisions within 10 Federal. Having been active in real estate for nearly 20 years, Cliff has been directly involved in over $700 million of real estate development and acquisitions within the multi-family and self-storage sectors. More recently, Cliff has taken the lead in raising and deploying capital for 10 Federal's self-storage acquisition funds and multi-family developments, having successfully raised over $225 million in equity to date.
  In addition to co-founding the 10 Federal Companies, Cliff co-founded DaVinci Lock Self Storage, Inc., which enables self-storage owners to automate functions related to the management of their self-storage assets via several, now patented, proprietary methods and products. Under Clifton’s leadership, that company has grown to a team of 13, landed the 2nd largest operator in the industry for a national roll-out in 2024, and achieved an 18.0% market penetration into the self-storage industry in just over 3 years.
  Cliff holds a BSBA from UNC Chapel Hill’s Kenan-Flagler Business School along with a Minor in Environmental Sciences. Additional credentials include holding Broker-in-Charge real estate licenses in NC, SC, and GA, a NC Unlimited General Contractor license, and a private pilot’s license.
  

Here are some power takeaways from today’s conversation:

01:55 His background

08:39 Are their other asset classes that are fragmented and unsophisticated?

10:55 His debt strategies

17:04 How debt affects investor returns

20:17 Automation and technology to boost returns

28:33 His marketing strategies
33:21 How should LPs be analyzing self-storage funds?
36:18 Podcast recommendations
36:41 Contact Cliff

This show is for entertainment purposes only. Nothing said on the show should be considered financial advice. Before making any decisions, consult a professional. This show is copyrighted by Passive Investing from Left Field and Left Field Investors. Written permissions must be granted before syndication or rebroadcasting.

Resources Mentioned:

Podcasts Recommendations:
All In Podcast: https://www.allinpodcast.co/

Resources Mentioned:

Contact the guest:
LinkedIn: https://www.linkedin.com/in/clifton-minsley-44ab197

Advertising Partners:

Left Field Investors:
https://www.leftfieldinvestors.com/

Rust Belt Capital
https://rustbeltcapital.com/

Tribevest:
https://www.tribevest.com/

Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suh
https://www.leftfieldinvestors.com/books/

Join us in this insightful episode of "Passive Investing from Left Field" where our host Jim Pfeifer sits down with Garrett Gunderson, an author and financial philosopher, to dismantle the scarcity mindset and explore how adopting an abundance mentality can lead to wealth creation. Dive into discussions on innovative wealth strategies, real estate investments, and the profound impact of thinking beyond traditional financial myths. Don't miss out on this transformative conversation!

About Garrett Gunderson

• Garrett Gunderson is the author of ten books, including multiple Wall Street Journal bestsellers, with Killing Sacred Cows hitting number 1 and making the New York Times Best Sellers list.
  This book, originally titled “What Would the Rockefellers Do?” has been consistently among the top 5 titles in Amazon’s Wealth Management category since its publication.
  Garrett is a speaker who uses entertainment to educate and is also a stand-up comedian.
  Garrett’s comedy special, the American Ream, produced by Emmy-winner Marty Callner, breaks down all the myths about money through an original stand-up show he performs for corporate events.
  Garrett enjoys time at his cabin, especially one-on-one through “Cash Cabin” immersions with clients where he builds their Family Office, Family Constitution, and teaches them how to create their richest life.
  You can follow his blog (like it’s 2006) at GarrettGunderson.com/musings or watch videos and interact with him on Instagram @garrettbgunderson

Here are some power takeaways from today’s conversation:

01:42 His real estate journey

05:48 How did he get started as a teenager?

10:33 Abundance mindset vs. scarcity mindset

13:30 Why cash flow?

17:30 Acceleration velocity and building cashflow

23:01 Cashflow opportunities

26:10 Finding passive cashflow opportunities
30:33 Whole life insurance

34:02 Stand up comedian

36:32 Podcast recommendation

37:58 Contact Garrett

This show is for entertainment purposes only. Nothing said on the show should be considered financial advice. Before making any decisions, consult a professional. This show is copyrighted by Passive Investing from Left Field and Left Field Investors. Written permissions must be granted before syndication or rebroadcasting.

Resources Mentioned:

Rewatchables: https://www.theringer.com/the-rewatchables
Tosh Show: @toshshow
Joe Rogan: https://www.joerogan.com/

Contact the guest:
Tiktok: garrettgunderson_
Instagram: garrettbgunderson
Facebook:https://www.facebook.com/garrettbgunderson
YouTube: garrett.live

Advertising Partners:

Left Field Investors:
https://www.leftfieldinvestors.com/

Rust Belt Capital
https://rustbeltcapital.com/

Tribevest:
https://www.tribevest.com/

Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suh
https://www.leftfieldinvestors.com/books/s/