Rohun Profile picture
23 Feb, 11 tweets, 4 min read
Your mindset is the #1 factor which will determine the quality of your life. And I believe you can program this.

Here are 3 techniques I use to cultivate a positive mindset:

1 - Fear Setting
2 - Dickens Pattern
3 - Earl Nightingale's 30 day challenge
First, Fear Setting. An exercise where you write down:

- All your fears
- How you can prevent them
- What to do if they actually happen
- The cost of not taking on your fears

I wrote more about my personal experience with this exercise here:

rohunjauhar.com/posts/living-w…
Second, the Dickens Pattern from @TonyRobbins.

Close your eyes & think about your self-limiting beliefs. How does this affect your self esteem, confidence, relationships, and your finances?

Feel this shit deeply.
Pull yourself 5 years into the future. Think of all the pain & suffering these self-limiting beliefs have caused you. It's weighed you down.

You're looking in the mirror - what does your face look like? your weight? your health? your relationships? what have you missed out on?
Now step ahead 10 years into the future. What do you feel like after a decade of self-limiting beliefs?

What did you give up on? What did you not do? How have your relationships suffered?

Feel it.
Jump back to the present moment. None of that has happened ... yet!

Shake your body out.

Commit to changing your beliefs today. NOW!
You can find Part 1 and Part 2 of the Dickens Process by @TonyRobbins here:



And lastly, the Strangest Secret in the World by @EarlNightin.

Write down on a piece of paper what you want in life. Carry it with you all the time and look at it every morning & night. Think positive when you look at it.

For 30 days take control of your mind.
Here's the video from @EarlNightin on the Strangest Secret in the world:

I spent a week in a village in Africa.

No running water, electricity, and we slept in huts.

600 people lived in the village. They were some of the happiest people I've ever met.

No matter who you are, you can be in full control of your mindset.
There's nuance and complexity to everyone's situation, but these 3 exercises have helped me through the toughest times in my life and I do them at least once a year.

I believe you can program your mind and this is one way I do it.

I hope this helps you too.

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More from @RohunJauhar

21 Feb
How do Real Estate Private Equity Deals get structured?

- Capital
- Returns
- Hold Period
- Fee Structures

Here's everything you need to know:
There's 2 main people or groups of people in an investment. General Partners (GP's) and Limited Partners (LP's)

The GP is the person that does all of the work. They find the property, negotiate the contract to purchase the property, perform due diligence, & manage the property.
LP's are also known as passive investors They provide the capital to the GP to go purchase the property.

They should review reports and investment details before making their investment and during the lifecycle of the deal should be reviewing reports and financials.
Read 18 tweets
18 Feb
If you make more than $100k per year you should have a Virtual Assistant.

If you don't, you're wasting your time on stuff that doesn't matter.

Here's the process I've created to find, interview, and manage great VA's after doing this for 5 years:
There's a lot of tasks you work on that are well below your intellectual capability.

Booking haircut appointments, ordering groceries, and finding flights is a waste of time.

First, you want to find out what tasks can you delegate.

Here's how:
Track everything you do every 15 minutes in a spreadsheet. Create 3 columns w/ the below questions

1. Do I like doing this?
2. Is it repeatable?
3. Can it be delegated?

If the answers are No, Yes, Yes -- you've found tasks to delegate!

We'll jump back into these tasks later.
Read 22 tweets
16 Feb
Lots of new followers - Welcome! Here’s what you can expect from me:

I run JT Capital, a Real Estate PE firm. I buy 200+ unit apartments.

- Acquire in Texas & Florida
- Our own capital + $ from investors.

I discuss RE, Finance, Productivity. LMK what you want to hear from me!
My background: I won the ovarian lottery.

Parents immigrated from India. Extremely lucky to be born into the middle-class in the U.S. My dad stressed importance of finance, investing, and education to me and my brother, @sameer_jauhar.
I worked in Tech, Facebook, and then started my Real Estate PE firm. You can read more about my story and why I left Facebook in this thread:

Read 5 tweets
14 Feb
At 15 yrs old, I started working at McDonald's. I worked 30 hours a week and made $160/month.

I felt rich ... until I saw the owner made $1M a month. It was my 1st lesson about Capital vs. Labor.

Here's how we teach everyone in the U.S. about being an Owner vs. an Employee:
As an employee, you make more money in 2 ways:

1) Increased hours
2) Increased hourly pay

You make $ according to this formula: Revenue = Hours worked * Hourly Rate

It's different for an owner ...
As an owner, you make more money in 2 ways:

1) Increased quality of your decisions
2) How much Money you Invest into each decision

You make $ according to this formula: Revenue = Quality of Decision * $ Amount Invested
Read 15 tweets
12 Feb
As an LP in any Real Estate syndication, you want to understand how aligned your incentives are with the GP.

The largest misalignment I see today are hold periods. GP's are exiting deals after 3 years, because they hit their promotes. But this harms the long-term oppty for LPs.
GPs hit their promote once they hit a hurdle rate, let's say 13% hurdle.

But usually the only way to hit that hurdle and the GP to be "in the money" is to sell the deal. So, they sell after a few years.
Any tax benefits that investors received during the hold period from cost segregation & bonus depreciation get wiped out when that depreciation gets "recaptured" at the sale of the property. In addition to that you're paying capital gains tax on the sale.
Read 5 tweets
11 Feb
Quick thoughts + charts on $EQR Q4 earnings from this morning.

Largest apartment owner in the United States:
Occupancy at 95.1%, up 90 bps vs. low point in Q3'20.

Still 147 bps lower than 1 year prior.

Slightly improvement the past couple months heading into 2021.
Pricing at $2,356 is down ~16% vs. peak pricing of $2,800 in 2020.

Slightly improvement the past couple months heading into 2021.
Read 7 tweets

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