The Real Estate Pessimist
Podcast Description
The Good, bad, and the truth about real estate investing
Podcast Insights
Content Themes
The podcast centers on the challenges and lessons of real estate investing, with themes including overcoming financial barriers, the importance of mindset, and navigating unexpected disasters. Example episodes include April Vogt's journey to purchasing a duplex despite financial limitations, the impact of mindset on real estate success, and cautionary tales involving property crises such as dealing with law enforcement raids and major financial losses.
The Good, bad, and the truth about real estate investing!
Don’t let the name fool you. We’re not here to be negative. We’re here to be real pull back the curtain and show you what’s behind those highlight reels.
I’m Kristi Kandel: RE developer & investor. My cohost Erik Stenbakken, and I are bringing you the unfiltered stories behind the deals. The ones you don’t see on social media.
And the wisdom that only comes from actually living it.
Because real estate isn’t all private jets and passive income.
Sometimes it’s evictions and 3 a.m. plumbing disasters.
And we’re here for all of it.
Thinking about changing the game? Cool. Just know reinvention charges admission.
You’ve heard the ads: “no risk, guaranteed.” That’s cute. Real life has costs. In this episode, Kristi and Erik get painfully honest about the price of reinvention with money, time, ego, identity, and how to decide if the pivot you’re itching to make is strategy or self-sabotage.
We walk through the gut checks, the math, and the mindset so you can move forward in uncertainty without lighting your portfolio on fire.
What we cover:
Counting the cost: cash runway, time, energy, ego
Fear vs. prudence: how to tell the difference before you jump
Sunk cost traps and why “holding” can be the riskiest move
Using old skills in a new lane so you’re not starting from zero
The 10–10–10 check: days, months, years (and legacy)
Building a circle that tells you hard truths early
Habits that keep you steady when everything else changes
Being the newbie again without nuking your confidence
Bold Truth: The pivot isn’t the problem. Pretending it’s free is.
🎧 Listen now:https://www.youtube.com/@TheRealEstatePessimist/videos
📍 Find us on all platforms:
YouTube:https://www.youtube.com/@TheRealEstatePessimist/videos Spotify:https://open.spotify.com/show/30iW9NGVaPVqIBZqf8iNd5?si=aa41afe7b90b4315
Apple:https://podcasts.apple.com/us/podcast/the-real-estate-pessimist/id1785003692
🎧 Want more from Kristi? Hear how she’s helping locals become developers in their own communities by removing the gatekeeping.
→ Listen to the Local Real Estate Developer Podcast:https://www.youtube.com/@LocalRealEstateDeveloper/podcasts
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