Episode 75: Diversifying Your Portfolio & How the Pandemic Shaped James Prendamano's Business

Since the Covid pandemic hit, many things have changed. People changed their habits and discovered more things about themselves. Companies closed while others have managed to flourish. In this episode, James Prendamano shares how times have changed for him and his business. During the Covid period, James started his podcast, ‘The PreReal podcast’, and thrived. His idea was to go local, but it went international. 

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Today, James shares how they have diversified his portfolio, how he started his podcast, and how he teaches kids about money, his real estate journey, and what’s happening in New York. 

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Listen and learn from James.

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‍Key Talking Points of the Episode:

[00:32] Getting to know James and what he does

[02:40] The importance of diversifying your portfolio

[04:19] James’s podcast and what inspired him to start it

[07:01] A message to people who are holding back on starting a podcast

[10:45] How James got into real estate

[11:12] What happening to New York?

[18:53] Why aren’t schools teaching finance?

[24:10] James’s favorite books

[25:15] How James is adapting to the market

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Magical Quotes from the Episode:

“When you’re having some level of success. It’s easy to rationalize the things that you shouldn’t do.”

“We breathe life into these things that don’t exist.”

“This is not a time to retreat. This is a time to double down on your efforts, find those deals, and seek out that opportunity because I do believe this will be the greatest buying opportunity of my generation.”

“Investing in that immediacy mindset is a good way to get yourself jammed up.”

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Resources Mentioned in the Episode:

Rich Dad Poor Dad- Robert Kiyosaki

Never Split the Difference- Chriss Voss

Ninja Selling: Larry Kendall

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Connect with James:

https://www.prereal.com/

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