E227 Aileen Prak - Choosing to Create Time Freedom Through the Power of Passive Income and Mindset Shifts

Aileen Prak is the co-founder of Bonavest Capital, where they focus on generating passive income through real estate syndications.  She is on the path to creating time freedom for her family and believes real estate is the best vehicle that can help her and others achieve this dream. Aileen received her MBA from Northeastern University and has over 10 years of experience in the Aerospace industry as the finance lead on several multi-million-dollar projects. She is also the host of the 5 day per week real estate podcast How Did They Do It? Real Estate.

Aileen and Tyler’s discussion focused on how you can choose your future with the right mindset and the opportunities that real estate syndications provide. Highlights include:

• The hardships Aileen’s parents endured moving the U.S. and why she’s committed to go even further than them by using real estate as vehicle
• How Aileen pivoted from investing in turnkey single family properties to multifamily syndications
• How Aileen tackles the challenges of balancing her family time, W2 job and investing career
• Aileen’s tips for moms who are interested in investing
• Remembering that the journey is the destination
• Getting clear on your big picture and planning one, three and five-years goals
• Aileen’s investing superpower and her deal evaluation tips for investors 
• The massive role mindset plays in Aileen’s personal and professional life
  
  Connect with Aileen:
  
  Website: http://bonavestcapital.com
  LinkedIn: https://www.linkedin.com/in/aileen-prak-539659140/
  Instagram: https://www.instagram.com/howdidtheydoit.realestate
  
  The following books were mentioned in the show:
  
  Who Not How by Dan Sullivan
  Think and Grow Rich by Napoleon Hill
  
  Are you a real estate investor looking to elevate your income, freedom & lifestyle? If so, optimize your daily performance by downloading our free guide, Raising the Bar - 5 Steps to Elevate Your Habits, at elevatepod.com/insider.
  
  In this guide, created by your host Tyler Chesser, you’ll learn why you do what you do, how to easily institute cues in your environment to trigger desired behavior, directly applicable steps to create a fulfilling future and much more.
  
  This episode of Elevate is brought to you by CF Capital, a national real estate investment firm. CF Capital’s mission is to provide property investment and asset management solutions to help investors like you maximize their returns by investing in high-value multifamily communities.
  
  If you are looking for risk-adjusted alternative investments in quality apartment communities, and are seeking tax optimized cash flow with appreciation upside without all the hassle of management, you might benefit from learning more about investing alongside our team.
  
  You’re invited to reach out and learn how you can invest with us by visiting cfcapllc.com. We’re also currently offering a free ebook called The Bottom Line - 10 Ways to Increase Cash Flow in an Apartment Complex. Whether you’re a new or an experienced investor, we’re confident you’ll find massive value in this resource. Get your free copy today at cfcapllc.com.