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BCF 359: Building Generational Wealth with Sofia Castro
Starting out in the entrepreneurial journey is never easy. If it was, everyone would be doing it, however nothing is impossible. You just need the determination, knowledge, and a desire to succeed. Sofia Castro went from dropping out of high school and being completely broke to owning over $400M worth of cashflow-positive real estate. Being an entrepreneur since the age of 24, Sofia has always had a passion for new opportunities. In the mid 90’s, she and her husband opened a leasing brokerage firm and built it from the ground up. Over the next 18 years, they eventually sold their interest for a billion-dollar valuation.
In 2003, Sofia’s family office, Ortsac Capital Group, entered into the multifamily investing space where they amassed a portfolio worth over $700M. Today, Sofia runs Reign Finance Group, a commercial real estate brokerage that helps with the sourcing and placing of capital for business owners across the nation. She also does real estate development. Sofia and I talk about her real estate journey and how she got into multifamily. We discuss the importance of mindset, as before you can be successful in business, having a positive attitude and resilience to failure is key. We also talk about mentorship, how Sofia transitioned strategies in her business, and details on her upcoming projects.
What’s Inside:
—The importance of having a positive mindset and perseverance
—How Sofia and her husband transitioned their strategy into real estate
—Details on Sofia’s upcoming projects
Mentioned In This Episode:
—bulletproofcashflow.com: https://bulletproofcashflow.com/
—RDYNE.com: http://www.rdyne.com
—SofiaCastroOfficial.com: https://sofiacastroofficial.com/
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