From Neuroscience to Real Estate: Tim Fergestad’s Path to Wealth & Freedom

Beyond the Deal

In this episode of Beyond the Deal, host Michael Wagman sits down with Tim Fergestad, a neuroscientist turned real estate investor, to discuss his incredible transition from academic research to building financial freedom through multifamily investing. Tim shares how his background in science shaped his analytical approach to real estate, why he left a high-pressure research career, and how he scaled his investments from single-family rentals to large multifamily deals.

Discover how Tim navigated the shift from academia to investing, the importance of market selection, and why passive income was the key to reclaiming his time. Plus, he reveals his top real estate investing strategies, insights into asset management, and why scaling multifamily properties is more effective than single-family rentals.

If you’re looking to break free from the traditional career path and start building wealth through real estate, this episode is packed with actionable insights and real-world strategies to get you started.

Key Takeaways:
✅ How Tim transitioned from neuroscience to real estate investing
✅ The benefits of multifamily investing over single-family homes
✅ The 1% rule and why investing out of state makes sense
✅ Managing stress as an investor & raising capital the right way
✅ The psychology of investing and how to make data-driven decisions

Timestamps:

00:00:00 Introducing Tim Fergestad: From Neuroscientist to Real Estate Investor

00:02:10 Transition from Neuroscience to Real Estate Investing

00:04:06 The Financial Advantage of Scaling Multifamily Investments

00:06:04 Starting Out of State Real Estate Investing

00:08:07 The 1% Rule Versus Reality in Phoenix Real Estate

00:10:07 Navigating Quality Job Growth in the Sun Belt

00:12:09 Impact of Interest Rate Spike on Multifamily Deals

00:14:15 Challenges in Property Management and Refinancing

00:16:14 Managing Stress in Real Estate and Personal Growth

00:18:14 Challenges in Real Estate Investment Deals

00:20:08 Importance of Tenant Satisfaction in Property Management

00:22:09 Optimizing Sleep Environment and Technology

00:24:11 The Power of Routine for Productivity

00:26:09 Maximizing Productivity in the Quiet Morning Hours

00:28:00 Balancing Entrepreneurship and Family Life

00:30:14 The Importance of Networking and Collaboration in Academia and Business

NEW TO THE SHOW?

Follow the host:

https://www.linkedin.com/in/michaelwagman/

https://www.instagram.com/nimble_capital_group/

https://nimblecapitalgroup.com/

Follow the guest:

https://www.linkedin.com/in/timfergestad/

https://oakstreetassets.com/

Interested in mentorship and learning how to raise capital? Let’s build your life of freedom. Book your free discovery call here: ⬇️

https://calendly.com/mwagman/capital-coaching-exploration

Chapters

1. Introducing Tim Fergestad: From Neuroscientist to Real Estate Investor (00:00:00)

2. Transition from Neuroscience to Real Estate Investing (00:02:10)

3. The Financial Advantage of Scaling Multifamily Investments (00:04:06)

4. Starting Out of State Real Estate Investing (00:06:04)

5. The 1% Rule Versus Reality in Phoenix Real Estate (00:08:07)

6. Navigating Quality Job Growth in the Sun Belt (00:10:07)

7. Impact of Interest Rate Spike on Multifamily Deals (00:12:09)

8. Challenges in Property Management and Refinancing (00:14:15)

9. Managing Stress in Real Estate and Personal Growth (00:16:14)

10. Challenges in Real Estate Investment Deals (00:18:14)

11. Importance of Tenant Satisfaction in Property Management (00:20:08)

12. Optimizing Sleep Environment and Technology (00:22:09)

13. The Power of Routine for Productivity (00:24:11)

14. Maximizing Productivity in the Quiet Morning Hours (00:26:09)

15. Balancing Entrepreneurship and Family Life (00:28:00)

16. The Importance of Networking and Collaboration in Academia and Business (00:30:14)