507: Bruce Petersen | Quitting Your Job to Invest in Real Estate

Real Estate can be one of the best means of reaching both Time and Financial Freedom. Here to give us some insights we have, Founder and CEO of the Apt-Guy, Best selling author and award winning syndicator, Bruce Petersen. Bruce is a syndicator and manager of large multi-family (apartments) projects. Over the past seven years he’s acquired and managed through his company, Bluebonnet Commercial Management, which boasts over 1100 units. Rather than just focus on money, he finds ways to impact resident's and staff's lives by providing value; after that the money comes. Through his book, Syndication is a B*tch, he reveals his proven systems and processes.

Let’s launch ourselves right into Bruce’s story and learn how he got to the point of quitting his job and finding success as a full-time real estate investor. 

Things you will learn in this episode:
[00:01 - 06:24] Opening Segment 

I introduce today’s guest, Bruce Petersen

The apt-guy 

Awarded 2016, 17, and 19 

Cash flowing assets 

travischappell.com/makemypodcast

Bruce shares some background on his early life 

Grew up poor and college drop out 

Interested in money and how it worked 

Learning from a bank at 12 

Entrepreneurial mindset 

Wanting something different 

[06:25 - 15:44] Quitting Your Job to Invest in Yourself

Bruce talks about entrepreneurship

It takes a special personality 

Drive and fortitude

Bruce’s school experience 

No role-model 

Trying to start businesses but failing for 20 years 

Physically and emotionally drained 

Why transition into Real Estate

Bruce’s experience in retail 

Walked away from it and travelled 

Using baseball stat skills 

Dove into it head first 

Bruce’s advice to people who feel stuck 

Don’t be afraid 

Nothing is guaranteed 

False sense of security 

The world is a different landscape 

Become your security 

You owe it to yourself to be happy 

[15:45 - 22:43] Inside the Guts of Real Estate 

Bruce talks about why he wrote his book 

There are ways out 

Bruce talks about the decisions to choose real estate 

Experience in the stock market 

First time investing 

Diving in 

Exposing the warts 

The main catalyst of Bruce’s book 

Tired of people getting sucked in by emotion 

You need to know the missteps and pitfalls

What they don’t tell you on stage 

Saving you the shock 

Presenting the facts 

How to find the book 

Get a free PDF version

What’s next for Bruce 

Speaking events 

Education online 

Streetversity

[22:44 - 33:51] Closing Segment

Who you or What you know? 

Who you know as a syndicator 

Become proficient 

Bruce’s advice 

How to Support Bruce

Always looking for deals that make sense 

Help by sharing the book!

Free virtual copies

Best two skill sets? 

Mindset of perseverance 

EQ

Mindset: Stop complaining and project positivity

The RaNdoM RoUnd

How to reach Bruce

Links below 

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Final words 

Tweetable Quotes:

“I can teach you how to build a business, and I can teach you how to build a successful business, but I can’t change your mindset… I really think it really comes down to personality.” - Bruce Petersen

“People lull themselves into this false sense of security of, ‘My job is my saving grace…’ you just gotta take a chance.” - Bruce Petersen

“Once you’ve put in some real legwork and some real effort into learning your craft, then you can start to leverage those relationships that you’ve built and networking that you’ve done.” - Bruce Petersen

Resources Mentioned: 

Syndication is a B*tch

Streetversity

You can learn more about Bruce on LinkedIn. Find out more about getting your free copy of his book by going to https://apt-guy.com. 

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