Brady McDonald is the founder of The Grit Mastermind and CEO of Brightwork REI, a development company focused on building state-of-the-art self-storage facilities. He is a real estate investor with experience across many different asset classes and he is on the show today to tell us about his experience in building a mastermind, scaling multiple businesses, and operating in different markets.
Listen to this episode to learn more about Brady, how he expanded his business into different asset classes, and why he founded The Grit Mastermind!
Key Talking Points of the Episode
[spp-timestamp time="00:00"] Introduction
[spp-timestamp time="00:32"] Who is Brady McDonald?
[spp-timestamp time="01:49"] How did Brady get into real estate investing in the US?
[spp-timestamp time="02:47"] What should real estate investors be focused on today?
[spp-timestamp time="04:27"] What is it like to experience a market downturn?
[spp-timestamp time="06:55"] How did Brady get into the Houston market?
[spp-timestamp time="08:35"] How did Brady expand his business into different asset classes?
[spp-timestamp time="10:36"] What are the different risks of being in real estate development?
[spp-timestamp time="12:36"] What does Brady’s team look like today?
[spp-timestamp time="15:10"] What changed in interest and cap rates over the last 18 months?
[spp-timestamp time="16:30"] Where does the demand for storage come from?
[spp-timestamp time="18:55"] What is The Grit Mastermind?
[spp-timestamp time="19:56"] Why is it important to be vulnerable if you want to succeed?
[spp-timestamp time="21:48"] What got Brady into running?
[spp-timestamp time="23:40"] What inspired Brady to run a marathon?
[spp-timestamp time="24:40"] What did Brady’s first marathon make him realize?
[spp-timestamp time="27:52"] What is Brady’s advice to young entrepreneurs today?
[spp-timestamp time="29:27"] Why is your family an important factor in your success?
[spp-timestamp time="34:38"] How does your personality affect your strategy in business?
[spp-timestamp time="36:35"] What is the importance of having balance in what you’re doing?
[spp-timestamp time="37:15"] How can you connect with Brady?
Quotables
“My advice to you would be to get ahead of the market if it is in a declining state and just try to sell them fast. At the end of the day, you will end up with more money in your pocket otherwise.”
“When I was forcing my body into doing these hard things, the mindset got right and when my mindset got right, I became a better dad, a better husband, a better business, I could communicate better – everything just got better.”
“What I would highly recommend is figuring out one strategy in one market that is scalable and dive deep into it.”
Links
Instagram: Brady McDonald
https://www.instagram.com/brady.mcdonald84/
Website: RCN Capital
https://www.rcncapital.com/podcast
Website: REI INK
Subscribe To Our Newsletter
Join our mailing list to receive the latest news and updates from our team.
Thanks!
Leave a Reply