WS803: Living a Fit Rich Life with Pili Yarusi

Often times we get hung up on making choices that lead to change because we inherently believe that we can’t. We need someone to give us permission, however, you do not need permission to make decisions to better your life. Our guest today is here to give you that encouragement you need to take the incremental steps to get you where you want to go.

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We welcome Phili Yarusi to the show today. Pili is a loving mom whose goal is to spread Aloha by showing others how to live a fit and rich life. Pili is a co-founder and operator of Yarusi Holdings, LLC, a multifamily investment firm with her amazing husband and partner, Jason. She co-hosts the Jason and Pili Project, Moms of Multifamily, and more, Moms of Real-Estate. Stay tuned as we hear more from Phili about mentorships, taking the necessary incremental steps to success, morning routines, their upcoming book, and so much more!

Key Points From This Episode:

  • More about who Pili is and her role in the syndication business.
  • How Pili and Jason selected a mentor, and how crucial it was to their success.
  • Why pivoting in mentorship is not something to shy away from — building your tribe.
  • Why paying into your mentors is important.
  • It’s your choice! Taking incremental steps to get you where you want to go.
  • ALOHA morning routine: Awakening, Love, Opportunity, Healthy, and Aspire.
  • We talk about finding out what your “100-miler” is.
  • How Jason and Pili incorporate each other into their morning routines: Communication is crucial.
  • Reasons why people don’t “make the choice.”
  • The permission to succeed. You don’t need it to succeed but here it is anyway.
  • How partnering with more people can improve your business.
  • Pili’s best source for meeting new investors: Talking on podcasts.
  • Pili shares that her partnership with her husband Jason is the key to her success.

[bctt tweet=”A mentor, especially in a large multifamily space is key. Could Jason I have done it by just watching YouTube or just all the free content that’s out there? Maybe, but we wouldn’t have had a teacher that could guide us, that could connect us, that could be there for us when we had the questions that we couldn’t answer. That’s why you get a mentor, that’s why you have somebody that you can go to, to ask the tough questions. Sometimes it’s questions that you wouldn’t have even thought of asking other people, asking brokers, asking your lawyer, asking whoever. That’s why you get a mentor. — Pili Yarusi” username=”whitney_sewell”]

Links Mentioned in Today’s Episode:

Pili Yarusi E-mail

Pili Yarusi on YouTube

Pili Yarusi on Facebook

Pili Yarusi on LinkedIn

Pili Yarusi on Instagram

Yarusi Holdings

Yarusi Phone Number: 908-224-6876 — TEXT: Whitney Syndication Book for a free copy of their upcoming book.

About Pili Yarusi

Pilialoha Yarusi is an awesome mom who also happens to know a little about real estate and personal development. She has partnered with her equally awesome husband, Jason, and has created Yarusi Holdings LLC, a large multifamily investment firm. Currently, they are general partners in about 800 units with 250 under direct asset management. Her focus is on large multifamily syndication and asset management. 

She runs the Investor and Client Relations branches of both Yarusi Holdings and Multifamily Formula. Multifamily Formula is Pili and Jason’s interactive education platforms for investors to build a strong foundation with buying large multifamily. Pili is also the co-host of the Jason and Pili Project. Her goal is to help one person a day take one step closer to a Fit Rich Life. 

She loves to play with her kiddos and husband, run, do yoga and crossfit. She is currently raving about #75hard and her ultimate goal is to host a Mastermind in Maui. She and Jason have three awesome children, Luke, Lily, and Leo, and two English bulldogs, Jack and Jill. Pili has her NJ Real Estate License and is a realtor with EXP Realty. 

Full Transcript

[INTRODUCTION]

[0:00:00.0] ANNOUNCER: Welcome to The Real Estate Syndication Show. Whether you are a seasoned investor or building a new real estate business, this is the show for you. Whitney Sewell talks to top experts in the business. Our goal is to help you master real estate syndication. 

And now your host, Whitney Sewell. 

[INTERVIEW]

[0:00:24.0] WS: This is your daily Real Estate Syndication Show. I’m your host, Whitney Sewell. Today, our guest is Pili Yarusi. Thanks for being on the show, Pili.

[0:00:32.5] PY: So honored to be here. Thank you so much for having me, Whitney.

[0:00:35.5] WS: Yeah, I’m honored to have you on the show. Her husband, Jason has been on numerous times. We’ve talked about numerous things on the show. Yeah, they’re just an amazing team and have accomplished so much in the last few years in this business. So it’s an honor to have really the mastermind in their business on the show, finally. She says, “Aloha!” Pili is a loving mom whose goal is to spread Aloha by showing others how to live a fit and rich life. Pili is a co-founder and operator of Yarusi Holdings, LLC, a multifamily investment firm with her amazing husband and partner, Jason. She co-hosts the Jason and Pili Project, Moms of Multifamily and more, Moms of Real-Estate.

Pili, welcome to the show. It’s honored to just catch up with you. Personally, I would just enjoy you and Jason and have for a few years now that we’ve known each other, and speaking at your events. I’m always grateful for that. As me, people that you all are helping not only just to learn to stay fit, but how that’s important, and just for your entire business in so many ways that that’s connected through mindset and morning routine. Which I hope we’re going to get into a little bit today. But give us a little more about who Pili is and your part in this business as well.

[0:01:42.4] PY: I was born in Hawaii, that’s where all the Aloha comes from. It’s in what I do, it’s how I live, it’s in our new book. It’s everywhere and it’s what I strive to be. I strive to live a life of Aloha. That comes from Hawaii. I’m going to skip a few years to 2013, when Jason and I first got pregnant with our first son, first and we decided we didn’t want to be in the restaurant business anymore. His family has been in construction for years. So, I got my real estate license, we got into flipping, we got into wholesaling.

Again — I’m going to skip a couple of more years. 2016 happens. I go to some REA meetings and somebody comes out to me. He’s like, “I have a couple of deals in Indiana.” I’m like, “No, we don’t do buy and hold. No, we don’t do turnkey.” He’s like, “No, no, no. You have to look at this. The numbers look good.” So he gave me a brief overview. I was like, “Okay. Let me sit down with these numbers.” So, I sat down with numbers and they actually looked good, but I was missing something. So I sat down with Jason and he goes like, “Actually, this look really good, but I wonder if they have like duplexes or like fourplexes.” I’m like, “Yeah, I’ll go ask.” 

We ended up partnering with this guy. We ended up buying, actually funding. We funded everything for the turnkey property. We didn’t actually have to do everything, we funded. We brought the property, so it was under our name. We funded the construction. We were like put whatever you want on top of it, whatever your funding is, as long as numbers wouldn’t work. We’ll pay you, it’s fine. So that was fantastic for a year. We bought two of those with this company, and it was going great. Except if there was any — we had one of the units, we lost a tenant there, so we were out like 25% of our investment was gone. 

So, we’re sitting down one day at dinner and Jason is like, “Well, you know that? Pili, if we can do this with four units, two buildings, four units, couldn’t we do 40? How about 100? How about 400?” I was just like, “Ugh!” Kapow! It was like my brain exploded because I was like, “What are the numbers on that? What’s the money on that? Can we even do that? Is that even legal for us to do?” He’s like, “Yeah. There are people out there that own buildings. That means there must be some way to do it.” My mindset at the time was, I don’t want to say closed, but I couldn’t think of those numbers — and I’ve talked to a lot of new real estate. People that get into real estate. People that first get into syndications, and they had the same mindset. They can’t think of the numbers.

So, when we got a mentor, and as we took down our first property, I started to see. I started to finally see how those numbers work and how it has worked for us for the past like five years now.

We’re closing on our 10th deal on Friday. And it has been an amazing ride. We completely closed our flipping and wholesaling business. We still have the construction company, but those are two separate entities and we’ve thrived under real estate syndication and large multifamily.

[0:04:43.6] WS: Awesome. Well, congratulations on closing on your 10th deal this Friday. That’s incredible. It’s just — it is neat to see your all’s journey and some deals we all have been working on. Congratulations, first off. I know it’s not an easy path. I’ve been there as well, to getting to that 10th deal for sure, and building that syndication business. Let’s talk about that a little bit because I think many of the listeners are attempting to build their syndication business as well, or learn from people or from expert operators like yourself.

And so — back up just a little bit. You all did many different things in real estate. You got into the four-unit, and then eventually it was — I know you said, “Kapow!”. It’s this like moment where, wait a minute. Maybe there is a possibility that we could do this in a lot bigger scale, right? I mean, I was very similar to that. I mean, I heard the word syndication and I was like, “What in the world is that?” But then it was like, “Okay. This makes a ton of sense, and just sold everything else” and said, “You know what? We’re just focusing on that.” And that’s what we did. It sounds like, that’s what you all have moved towards as well, focusing on that, and the construction business.

You hired a mentor, can you speak to that a little bit, and just how you selected that mentor and just how crucial was that to your success, getting to the 10th deal on Friday.

[0:06:00.1] PY: That is an amazing and fantastic questions, and one that I love to answer, because a mentor, especially in a large multifamily space is key. Could Jason I have done it by just watching YouTube or just all the free content that’s out there? Maybe, but we wouldn’t have had a teacher that could guide us, that could connect us, that could be there for us when we had the questions that we couldn’t answer. That’s why you get a mentor, that’s why you have somebody that you can go to, to ask the tough questions. Sometimes it’s questions that you wouldn’t have even thought of asking other people, asking brokers, asking your lawyer, asking whoever. That’s why you get a mentor.

They up-level your life and they fast forward you throughout their journey and take you through their journey and everything that they’re going through. They allow you to basically stand on their shoulders. So a mentor is key to get. How do we choose one? There were I would say four or five that we were looking at the time, and we did a due diligence on them like anyone because these people are part of our tribe, or part of our team. We haven’t learned that at the time, but creating your team in large multifamily, especially if you’re doing it out of state is key and a mentor is top on that team building.

We were looking at a few, and we interviewed a few, and talked with a few and we ended up going with Joe Fairless. Joe Fairless is an amazing mentor. I mean, you can look him up. His portfolio is enormous, but his strategy and the way he taught — worked well with Jason and my mindset. I was able to learn the same, like learn through him the way I learn. Then Jason was also able to learn the way he learns through him, and that is key when you’re looking for a mentor. Find a mentor that you can learn from. There’s so many out there now. We talked to many, and we are actually good friends with a couple. We talked to Jake and Gino. We’ve asked them questions before and we’ve dove into their book, and their systems and process — and Jason’s actually talked at their conference. We’ve dove in with many, many mentors.

Don’t be afraid to pivot when it comes to mentorship, because sometimes you’ve learned enough from a certain mentor, and you need to go someone else to learn more. And that’s why I love tribe building, and getting to talk to you Whitney, or getting to talk to any other people that we’ve had on our podcast or any of the friends that we’ve created around us. It’s just been — like that is also mentorship. It’s the people that you surround yourself with. It’s key. 

[0:08:46.6] WS: No doubt about it. I put so much stress on having a mentor also, and picking the right one like you said. A couple of things that were important to me was that I had direct access to that mentor, and I wasn’t like under this like — it’s not always a bad thing, but for me, I wanted that direct access and that I wasn’t like under another layer of coaches, under that main one. I wonder if that’s something that was important to you all?

[0:09:09.8] PY: Very, very important. We had direct access to Joe. We actually model our mentorship program around his. We don’t bring in other mentors or other people under us to take care of our students. We use his tactics. I mean, we have his phone number. We can text him; we can call him up. He’s a busy man, but he will pick up for us. We can email him. He emails us back. We actually asked for his tips and tricks for actually getting out our new books, because he has multi, like millions of books out there. He’s written two books that have done amazing well. And he and Theo put together this whole synopsis for us and sent it to us and they’re like, “Here. Here you go.”

Now, it makes it sound like this mentorship was free, that I could just go to him whenever I wanted to, get whatever information. I did pay him for this. I did pay him for this because he is worth it. It may seem like he was able to just throw something together or answer sort of question like that and you’re just, “Well, you just have this information. Why don’t you give it?” Well, no, because it took years of study, years that I cannot even like fathom because it’s another’s person’s life. He’s put this time into it, and he’s giving it to you. So with any mentor that you get, expect to pay something, whether it’s time, whether it’s money, whether it’s your own intuition and your own expertise. Pay into them. Give value first and you will get tremendous value in return.

[0:10:39.0] WS: So worth it. When I first signed up for mentor, I also signed up with Joe and did all these things to try to figure out who the person was. I’ve talked about it on different shows. But you know, that was many, many times more expensive now than it was then. But at that time, that was a massive decision for my wife and I. We were like, “Should we really spend this much money on a mentor?” It was a big decision and obviously now, we’re so glad we did. Just like you, it’s been so crucial, but I have had so many mentors for different things, depending on what it is like you talked about.

Pili, I know you’re an expert. I want to pivot just a little bit, because I wanted to talk about your book. You and Jason had become just experts in just like mindset, morning routine, and staying fit, and all these things that I think are all interwind with somebody that has a successful business. You know — not everyone has a successful business has a six pack; however, many of them do but you all are just amazing in your routines and just how structured you are. And I do, I believe when I took a hold of my morning routine, that’s when things started to change for our business in a big way.

And so, I want to hear that from you. I want to hear about your mindset, and your morning routine and help the listener to think through that, and to think through why that’s important. Some things that they could even put in place tomorrow that they could be doing, and even how your book. Speaking about your book, How to Master a Fit, Rich Life in 15 Days. Pretty incredible. I’m looking forward to reading that myself. I mean, 15 days. I mean, that’s incredible. And so, help us to get started, Pili. Help the listener to get started tomorrow with that morning routine that’s going to help project them to a success in real estate or whatever business that may be.

[0:12:19.7] PY: So, I can give your listeners one crucial tip right now. To me. I’ve been thinking about, especially with this climate that we’re in, it’s your choice. No matter who’s in office, what’s happening with the environment, what’s happening even in your house, what’s happening to your kids, what’s happening to you. You have a choice. I’m actually working with this woman on her fitness and health, and she’s going to go in for a knee surgery in like 10 days from now. I’m just like, “You know what?” and she’s like, “Pili, but I can’t do everything that you do.” I was like, and I can’t do everything that Jason does.” I don’t run a hundred miles. I support him in it. He comes to me and says, “I’m going to run a hundred miles.” I’m like, “Okay, babe. It’s done. It’s done. Let’s get you there.”

I’m going to go for my first marathon. My first marathon, folks, I know by association you all think if you know me that I run thousands of miles. I do not. I maybe run two or three a day, maybe if I feel like it. Sometimes it’s yoga, sometimes it’s weights. But going back to this amazing woman that I’m working with, she’s like, “Well, I’m getting knee surgery, and I have an addiction to diet coke, and I can’t get out of bed some days. I have clinical depression.” I was like, “Okay. Number one, let’s talk about all of that. Make sure you’re going to a doctor. I suggest a nutritionist because I’m neither of those. Disclaimer. But I’m a really, really good cheerleader.” 

And what I told her is that it’s her choice. “You can choose to drink 12 galloons or liters of diet soda a day or you can choose to drink 11. Then maybe tomorrow or maybe next week, you’ll choose to drink 10.” Do you know in the course of the last month, she’s down to one bottle? You know what that does for the human body? That’s incredible. All the sugar intake, all the preservatives that she’s not drinking now because she made the choice. It wasn’t my choice. I just gave her sort of a guide. She made the choice. So, my first thing that I want to get to you guys is, make the choice. If you want to do something better for your life, whatever it is, make the choice and then go do it and take the incremental steps to get you there.

With our book, I’m so excited about this book. How to Master a Fit and Rich Life in 15 Days? So yes, it says it will do it for you in 15 days. But this book, this book won’t do anything for you unless you make the choice. Unless you make the choice to pick it up, unless you make the choice to read it and unless you make the choice to implement some of the steps that are in this book. So, my favorite part of the book is, I’ve brought a little Aloha into it. Jason and I was talking about our morning routine. His is a little different than mine, and sometimes mine starts a little later than his, but it’s all about doing you.

For Jason, he wakes up at 4:32 AM.

[0:15:06.9] WS: 4:32?

[0:15:08.5] PY: 4:32, because, 4, 3, 2, 1. He just had one win. He took on his day, woke up before the sun, got out of bed, splash water on his face, made his coffee and got his morning routine started. So it was 4, 3, 2. In some days, I wake up with him, sometimes I wake up actually two minutes before he does. And other days, I sleep in because I know my body. If I need the rest or if some reason, the kids woke up the night before and I stayed up with them. I know me, I’m not going to force myself to get up at 4:32 because I’ve made some rule. It’s okay to make the rules for yourself. Especially for my mamas out there. If you need to give yourself that extra two hours, you do that.

So far, our morning routine, we’ve called it ALOHA. It is Awakening, Love, Opportunity, Health and Aspire. It’s basically, you get out of bed, you get your day started, you jump out of bed, you either brush your teeth, throw water in your face, anything to wake your body up. Whether it is at 4:30, 6:30 or 10:00 — I’ve talked to some women. You wake up and you get it done. You get out of bed, you make your bed, make it so you can’t get back into bed. That’s the best thing and I’ve combatted a depression in the past. That was the best thing I’ve heard, which is just to get out of bed. Get out. Even if it’s just for an hour, 10 minutes, get out of bed and get your day started. 

So Love, for the next like 5 to 10 minutes, sit with yourself and feel gratitude, pray, just have some silence just for yourself. Guided meditations work too. I use either Calm or a Head Space. I have them both on my phone. I use them. Sometimes I open up YouTube, and I listen to a little bit of Tony Robbins. It’s whatever you are feeling today to really get you centered and inward thinking. Because in order to do the next thing, which is O is Opportunity, you have to be good in inside to see the visions outside.

With Opportunity, it’s all about seeing. You have to see the thing and believe the thing before it actually happens to you, before it actually comes your way. I’m sure you’ve have had this, Whitney, that you’ve had a goal and you’ve seen it so much and you know what it looks like, you know what that number looks like, or you know what that building looks like or you know what that thing looks like, or that person looks like. And as soon as that opportunity comes to you or comes across your desk, you actually see it. But what about all those opportunities you didn’t see because you weren’t in the right mindset, that you weren’t really reaching, or you woke up thinking, “Oh, it’s just going to come. I don’t have to see it.” You have to see these things; you have to have a vision.

I was just in a conference with Ron Turner and he was talking about how he got into large multifamily and syndications. He was on a trip, he actually went to Joe Fairless’ conference, Best Ever and he said, on the plane, he wrote basically this dissertation that he put in a large poster board and he looked at it. And that man scaled from nothing to a thousand units in a year. And so, he has the base, I get it, but the thing is, he saw the goal and he knew where he wanted to go, so he got there.

So, the next one is Health, and you know, I love talking about this. So Jason and I have used different programs, we’ve jumped into different things that we every day, whether it’s run 100 miles, whether it’s do a thousand pushups, whether it’s do 30 pushups a day. We take our time and we get moving. That’s us though. For anyone else that’s out there, and if you say, “Okay, well, I haven’t really been doing anything for the last few months.” I actually just talked to somebody yesterday that he used to be a karate genius but he hasn’t done it. I was like, “Well, why don’t you just throw on YouTube and do something for 5 to 10 minutes. And then next week, do something for 20 minutes, and then 30 minutes. Or if you want to do marathon, why don’t you go walk around your block first.” Again, it’s incremental things to get yourself to the goal that you want to get to.

The last one, and we talked a little bit about this before. It’s Aspire. It’s about reaching for more and it’s about surrounding yourself with the available lessons, with the available people that you can create your tribe and surrounding yourself with the positivity that should come with that. If you’re surrounding yourself with negativity and bad things, like diet soda or you’re making those things available to you, then chances are, those are the thing you’re going to reach for. If you’re surrounding yourself with bad news or click bait, those are the thing you’re going to click on and those are the things that you’re going to watch. If you surround yourself with positivity, good books, like my book, or podcast like Whitney’s, then chances are, that’s where your mindset is going to be.

Again, that’s A-L-O-H-A, and that’s how we start off our mornings and that’s really the crux of the book. That’s like the heart of the book. It’s about choosing every day when you wake up to have the best day of your life.

[0:20:38.4] WS: I love that, just being strategic about your morning routine. So many of those things there, I’m like, “Okay. I am doing that or I’m doing part of that.” I’m not running 100 miles at once, I know that. You know what, I do believe that if I wanted to run 100 miles, I believe I could train to do it. You know — I mean, I don’t want to.

[0:20:58.1] PY: You can though if you wanted to. The thing is, Jason wanted to, wants to. He likes that. If it’s not something that you want to do, there is another — Jason talks to this more. You have to find what your “100 miler” is, whether it’s a marathon.

[0:21:14.3] WS: Love that, yeah.

[0:21:15.7] PY: Whether it’s taking down a huge syndication, whatever it is, you take it down.

[0:21:21.2] WS: Was it that for you? It may not be running 100 miles, but it could be this big object like that that seems so undoable, right? Maybe at the time. Once specific question for like you and Jason though, just as this husband-and-wife team. You all are just amazing and how you all do this together. What does that time look like, like for you all? In the mornings, is there a time that like Jason and Pili get to spend together or is it like your own separate morning routines, then finally some time throughout the day you get to talk? Do you all have time that’s like, “Okay, this is our time to connect and just to talk about the day, or our business, or our kids”? Whatever that may be,

[0:21:57.6] PY: That’s why I need to wake up with Jason, because when I do, we do get that time. We actually sit together, we do our meditations together and we turn to each other, and we ask each other about how we’re going to tend to this day, how we’re going to take this day on. The night before, we usually look at our calendar just to make sure, “Okay, this is happening. This happening. This is what we need to take care of.” But the thing is, Jason, I also know. Even though we have everything streamlined, even though we have our systems in place, we have our calendars, something is going to happen.

The thing is, as long as there’s communication between Jason and I, and you take that a moment, nothing is going to explode. When things explode or go “wrong”, it’s when we don’t communicate. That’s an excellent question and we do take time every day, whether it’s in the morning, if that doesn’t happen, we make sure either he sets me aside or I set him aside, because we do have the kids at home right now. We set each other aside and we just either open up the calendar or take a few moments just to be together and to acknowledge. So often I think we stop acknowledging each other’s presence if you know what I mean. It’s like we’re just doing this rotation of, okay, another day, another day, another grind, and the communication drops, and then other things started dropping. 

This is coming my past lives and then also from other women that I talked to about this. Why communication why relationship drop? It’s because, like you said, with your question. You don’t take the time to communicate and connect with who should be the person that you’re building your foundation, your house, your empire on.

[0:23:45.0] WS: Going back to how you said it’s your choice. I’ve always loved this, that thought process because it is. It is a choice to sleep in or to nod, or read that next book, or to not. It’s your choice. Some people choose to do it and some don’t, right? But most have the capability, but it is a choice. What holds most people back from making that choice that you found, Pili? What’s that thing that they need to do to say, “You know what, I can do it?” As oppose to just all these limiting beliefs that say, “That’s not me?’

[0:24:12.8] PY: That’s a great question. The reason why people don’t make the choice is, sometimes they don’t believe that they have it. Because they’ve — and it can be a really, really bad circle, that they just need to breakthrough themselves or have a therapist breakthrough or have a friend help them breakthrough or mentor breakthrough. I mean, we all have it. We all have these circles that we go round and round in. I just listen to a podcast, Brian Buffini and he talks about homeostasis, how we all want to be in this state of calm. We want peace, we want to live the good life on the beach and all that stuff. But once we get it, we want to go do something else. We have this drive, and that’s us not wanting to be out in this circle, in this — I don’t know what to call it, but you need to break that, and make the choice and know.

This comes back to surrounding yourself with people that inspire you to aspire to greater things. By doing that, you’ll have — and you’ll have a hand to hold that will take you out of the circle that you’ve put yourself in. For instance, the friend of mine that I’m working with, she thought that this was the circle that she had to be in. She was depressed. She has to go have knee surgery. All these things have happened to her, especially in the last year that could have gotten her down. But all she really needed was a hand to reach out. Whether it was my hand, whether it was a podcast she listened to. Whatever it was, it gave her the permission to succeed and to make the choice.

But I want to give your listeners one more tip. Is that sometimes you do need a mentor or a friend to give you the permission. So if you need that, right now, I give you the permission to succeed. If you needed that, I, somebody you might not even know, give you, a listener, the permission to succeed. But the thing is, you don’t really need it. You don’t need my permission, you don’t need Whitney’s permission, you don’t need anyone’s permission to succeed. You just got to make that choice. Reach your hand out and grab it, what it is that you want,

[0:26:29.9] WS: I know for me, when I first started meeting people that were buying 100-unit complexes and started learning about syndication business, and they’ve only been in the business short time, I was like, “Wait a minute. If they can do it, I can do it too.” That helped me to make that decision like, “Okay. I can do this.” But Pili, just a few more questions before we run out of time. What’s a way that you all have recently improved your business that we could apply to our business?

[0:26:54.8] PY: One way that we’ve improved business is that we’ve partnered with more people. The deal that we’re closing in on Friday, we didn’t actually source that deal. We didn’t acquire it. A friend of ours acquired it, another partner that we worked with on another deal, and he’s like, he knew us as amazing asset managers and he knew that we could get it done, so we partnered up. He said, “I have this deal” and he’s like, “Well, we have this.” We partnered up and we’re getting it done. That’s one way, we extreme level up. Just in the past couple of months with partnering with the right people.

[0:27:27.1] WS: Crucial, especially in this syndication business. What’s your best source for meeting new investors right now?

[0:27:32.8] PY: Right now, talking on podcasts, getting my message out there. We have a live cast every day, the Second Cup of Coffee. That spouts a lot of conversation. You don’t have to just go for investors. Talk to your doctor, talk to your dentist, talk to anyone that you just — you have the ability to talk to or connect with. Because people, especially right now, they really want to connect. So if they find that they can connect with you on one hand, chances are, they’re going to connect with you on the other hand, which is your investment business.

[0:28:07.4] WS: What’s the number one thing that’s contributed to your success?

[0:28:11.3] PY: The number one thing that’s contributed to my success. The have two answers in my head, which one should I go for? So the really, really cute and fluffy answer would be Jason. Our partnership.

[0:28:22.9] WS: Fluffy? Fluffy Jason?

[0:28:24.0] PY: Fluffy Jason. The Jason I get to hug and squeeze. His mindset and my mindset, I mean, we met working. I skipped over that part. We met working. We were both managers, we used to butt heads a lot because our mindsets were so different back then. They still are. We are opposites on a lot of thing, but the way we mesh has made us so successful. And this is for your listeners, don’t let your success, and your drive, and anything that’s within you, don’t give the credit or the excuses to anything out there. Whether it’s the government, whether it’s your university, whether it is — whatever it is. You are your success.

When it comes down to it, you choose a success because your success is going to be different from anyone else’s is. My success, what I think of what is success is different from Jason’s. Although our lives is so intwined and I love him so much, the thing is, my success is based on what I’m feeling. If I’m not good inside, I’d be the most successful person, have a ka-billion dollars, if I don’t feel it, me, then it means nothing. So you, again, I’m going to come back to the choice. You have to choose that success, whether that success is getting out of bed, celebrated. Whether that success is taking down a 200-unit building. Great! You celebrate that success.

[0:29:51.0] WS: I have a match question for you. How many zeros are in a ka-billion? I’m kidding. I’m kidding.

[0:29:57.9] PY: Infinite. That’s infinite.

[0:29:59.9] WS: No, you just said ka-billion, I was like, “Wait a minute. How big is that number?” Pili, how do you all like to give back?

[0:30:06.1] PY: We actually give back to Imagine. It’s one of our favorites. Jason lost a lot of his childhood friends growing up. He lost a friend when he was 13, and then he lost his girlfriend when he was 17. And this program Imagine and one of his good friends, one of his mentors at the time really helped him lift him up. It’s for children and parents who go through a big loss. So we like to give back to that group a lot.

Right now, I am looking into the American Cancer Association, because I’ve had some family members just in the couple past years pass away from cancer. Those are two of the biggest ways that we like to give back — monetary wise.

[0:30:55.4] WS:  Awesome. Pili, I know you are already giving back in a lot of other ways, in mentoring and helping people in this business. Just grateful to have you on the show today and get to catch up a little bit. I just always enjoy you and Jason a lot. Just grateful for you just really walking us through your stories of syndication and getting a mentor and some things around that. I get questions like that all the time about how to find a mentor, how to know which one is right and all those things. Congratulations again on closing these 10th deal on Friday and on the book. I encourage the listeners also to look that up. I know Pili is going to tell us how to find that. But then also going into just the mindset and morning routine and laying out, it is your choice and back in ALOHA and how that helps you all structure your morning and just the importance of that.

Tell the listeners how they can get in touch with you and learn more about you.

[0:31:42.8] PY: The best way to get in touch with me, just go to my website, www.yarusiholdings.com. If you want a really quick way to get a hold of me, find me on social media. I’m probably the only Pili Yarusi. Spelling is placed down on the notes. Pili Yarusi, look me up on Facebook, DM me. I am completely available. And then as for the book, right now it’s not out yet. But, a special for your listeners. If they text us at 908-224-6876, we will send you a book for free. We just need your address and we will send it for free, but you have to text Whitney Syndication Book and we will send it to you for free.

[END OF INTERVIEW]

[0:32:32.6] WS: Don’t go yet, thank you for listening to today’s episode. I would love it if you would go to iTunes right now and leave a rating and written review. I want to hear your feedback. It makes a big difference in getting the podcast out there. You can also go to the Real Estate Syndication Show on Facebook so you can connect with me and we can also receive feedback and your questions there that you want me to answer on the show. 

Subscribe too so you can get the latest episodes. Lastly, I want to keep you updated so head over to lifebridgecapital.com and sign up for the newsletter. If you are interested in partnering with me, sign up on the contact us page so you can talk to me directly. Have a blessed day and I will talk to you tomorrow.

[OUTRO]

[0:33:13.5] ANNOUNCER: Thank you for listening to The Real Estate Syndication Show, brought to you by Life Bridge Capital. Life Bridge Capital works with investors nationwide to invest in real estate while also donating 50% of its profits to assist parents who are committing to adoption. Life Bridge Capital, making a difference one investor and one child at a time. Connect online at www.LifeBridgeCapital.com for free material and videos to further your success.

[END]

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