255: Exploring Alternative Assets: The Cignet Fund with Andrew McNair

Real Estate 101

Description:

Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy.

Paul interviews the president and founder of Swan Capital, a wealth management firm, Andrew McNair. Andrew shares his background and how he got into finance and real estate investing. He discusses the importance of diversification and the lessons he learned from losing a significant amount of money in the stock market.

Andrew also talks about creating Swan Capital and the Cignet Fund, which invests in various commercial real estate assets. He emphasizes the need for teamwork and collaboration in scaling real estate investments. In this conversation, Andrew McNair and Andrew discuss the importance of asking the right questions, the value of building a team, and the power of processes in business. They also delve into philanthropy and the impact of giving on personal fulfillment. Andrew shares book recommendations and highlights the significance of self-awareness and emotional intelligence in leadership.

Key Takeaways:

• Diversification is key in investing, both in terms of asset classes and investment strategies.

• Learning from past mistakes and experiences is crucial for personal and professional growth.

• Scaling real estate investments often requires collaboration and the formation of funds or syndications.

• Having a team of professionals, such as estate planning attorneys and CPAs, can provide comprehensive wealth management services.

• Investing in alternative assets, such as commercial real estate, can offer additional opportunities for growth and income. The quality of your life is proportionate to the quality of your questions.

• Building a strong team is crucial for business success.

• Processes are essential for scalability and success in business.

• Giving and philanthropy can bring fulfillment and happiness.

• Self-awareness and emotional intelligence are key attributes of effective leaders.

► Resources

Rich Young & Powerful Media Guide Booklet.pdf

Follow Andrew on Facebook: https://www.facebook.com/andrewsmcnair

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About Today’s Guest:

Andrew McNair is a distinguished industry leader in finance and real estate. As the President & Founder of SWAN Capital, he manages over $300 million in assets. With more than a decade of experience in real estate investing, Andrew has successfully navigated various sectors including multi-family, RV parks, storage, short-term rentals, and industrial properties. He recently exited an 8-figure personal real estate portfolio.

Andrew is passionate about sharing his expertise. He serves as an adjunct professor and frequently engages in public speaking. He also hosts a weekly radio show, "What Your Money Would Say," and a podcast called "Rich Young & Powerful."