Nikolai Ray is a multifamily investor and the founder/CEO of MREX, the Multifamily Real Estate Exchange. MREX is a tech startup with the goal of democratizing the multifamily real estate market.

Today, Mark and Nikolai sit down to discuss the importance of education, forming your own experiences, and planning your strategy.

What You’ll Learn In Today’s Episode:

• Education’s a powerful tool in the multifamily industry, but sometimes books don’t go deep enough. That’s why “Democratizing the Multifamily Industry” has become the daily life and goal for Nikolaï Ray.  
• Your background, whether it’s Nutrition, Psychology, Biomechanics, or even sports like Hockey combined with education and a great team, could be your main asset in your Real Estate career. 
• Having a clear and well-thought strategy is KEY when you are trying to fund your acquisitions and getting into new markets. 
• But don’t be afraid of failure, in the words of Nikolaï “I don’t think we should be ashamed of failing, especially if you try and specifically if you are able to learn from that failure and come back from it”. You could have great mentors, read good books, or take challenging courses, but creating your own experience is one of the most effective ways to learn and grow. 

Key Phrase:

“I don’t think we should be ashamed of failing, especially if you try and specially if you are able to learn from that failure and come back from it and don’t make the same mistake a second time. I think that’s a very important lesson for society at large.” – by Nikolai Ray

Resources In Today’s Episode:

• Mark Hentemann: Website | Twitter 
• Nikolai Ray: LinkedIn | Website

Book Mentioned In Today’s Episode:

The Untethered Soul by Michael A. Singer

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