Mindset for Real Estate Investors | Kim Lackie on Limiting Beliefs, Anxiety, and Growth

Kim Lackie (00:00)
and I really got a lot of good feedback. It was very much outside of my comfort zone, but it also gave me the opportunity to understand what my next steps could be. You know, I hadn’t thought about speaking on podcasts or sharing my story. I really didn’t think my story was that big of a deal.

However, it really opened my eyes to what are the things were available.

Michelle Kesil (01:55)
Hey everybody. Welcome to the Real Estate Pros Podcast. I’m your host, Michelle Kesil. Today I’m joined by someone I’m looking forward to chatting with, Kim Lackie, who is a real estate investor as well as a mindset coach helping women around their limiting beliefs and working with the subconscious mind. So excited to have you here today, Kim.

Kim Lackie (02:16)
thanks for having me, Michelle. I’m looking forward to talking with you too.

Michelle Kesil (02:20)
Awesome. So yeah, let’s dive in. First off, for those not familiar with you and your work, can you share what your main focus is?

Kim Lackie (02:26)
Yeah, so my main focus right now is working with clients on identifying some of the living beliefs that they have that are preventing them from moving forward with either their business or personal goals. so working with some of those unconscious patterns that we’ve developed to keep ourselves safe, to optimize just the safety. A lot of times people don’t understand what the unconscious mind does. So it’s educating them on that.

and then working with them to break through some of those so that they can start to have the lifestyle that they should be living because of their ultimate desire, but also because of their worthiness that they’re allowed to be able to ask for what they want and move forward with what it is the lifestyle that they want.

Michelle Kesil (03:13)
Yeah, how did you get into that?

Kim Lackie (03:15)
So it all started, it’s a bit of a journey through the last six years, but my mindset really started to change in 2020. It was kind of the start of the pandemic. I had been a very hardworking career woman. I was in law enforcement for 26 years. I was raising triplets who were at the time around 14 years old.

And I just knew that I couldn’t go down the road of the depression and anxiety that I was feeling around what the pandemic was doing in our household and with around the world. And I really decided that there was no way that I could manage the way I was doing. so having done therapy for so many years, I thought I really needed to take control and be the own my own hero in my story, which was starting to take accountability for where I was and maybe making some harder decisions on what

next step was going to be. And one of the things that really started that was trying to find something that I wanted to do for myself. And one of those things was real estate investing. I found a group online, they were doing a three-day workshop. I started with that, it kind of cracked me open as to what was available to us in real estate investing and not having the awareness of all the different opportunities that came with that.

Having traveled through that for a year, I ended up buying a rental property, renovated that myself because it was a smaller project.

Not too many contractors were willing to do small projects and they were all very, very busy. If you remember back in the pandemic, people were doing a lot of projects, whether it was DIY or hiring people. And so I ended up doing most of it myself. Through that, I knew I couldn’t do it again. It was a lot of hard work. And so I started work with joint venture partners.

Part of real estate investing that I wasn’t aware of was that it started a lot of this understanding about mindset and personal development and how we have to have a more positive mindset. remember one lady telling me that I had to get out of my own way. And I’m like, what does that even mean? You know, to understand what kind of limiting things I was doing that was causing me to have fear or to protect myself because it was uncomfortable to move forward.

One big opportunity I had was through this group. I put down on paper, you know, working with the group, what it had done for me, how it had opened up the possibilities for me. And one of them was to really reflect on how doing what I was doing for myself was actually helping my mental health.

And so I wrote about that back to them in my feedback and they invited me to be a speaker at their first in-person summit that they had after the pandemic. And I really didn’t know what to expect, but I ended up being on stage with like 800 people in the audience and about another 800 virtually. And I spoke about the challenges that I had and the…

depression and the anxiety and how that had changed through working with this group, but also taking on the risk of moving into something I wasn’t familiar with, but I really had a passion to work for.

and I really got a lot of good feedback. It was very much outside of my comfort zone, but it also gave me the opportunity to understand what my next steps could be. You know, I hadn’t thought about speaking on podcasts or sharing my story. I really didn’t think my story was that big of a deal.

However, it really opened my eyes to what are the things were available.

So that took me other into other networking into mastermind. And as I dove further into the mindset and personal growth, I really wanted to go deeper as to what it is that I wanted for myself. What is it that I was limiting myself on? And that took me into NLP, so Neuro Linguistic Programming, which was really around the words that we use, how we speak to ourselves.

⁓

That’s all part of a lot of podcasts are talking about mindset. you ever listen to ⁓ Mel Robbins, she talks about this and different other ones. She was a big component for me to start to understand some of the things that I was thinking about and how to change that thinking. And that’s opened me up to I retired from my job.

One of the big things that kind of helped me understand that there was a mind-body connection was I used to have daily chronic pain. And once I quit my job and got rid of some of the other stresses I had in my life, my kids at this point had graduated high school and two were in college. My pain that I was feeling every day after three months of being out of the job and these various changes in my life, I had no more daily pain.

So I’m like, well, what is that? And so, yes, real estate investing is not my main focus. However, it really got me to a point where I feel that I have something to offer and that I can speak to my challenges, but also.

resonate with other people and letting them know that there’s hope out there, that there’s a way forward, that they don’t have to go in these spiraling loops of depression and anxiety and to really start to step forward into things that they want to do and the possibilities that are available to them in their own daily lives. That’s a long story.

Michelle Kesil (09:43)
Yeah, amazing. Love how real estate

opened that door for you. So what does that look like now? How do you use these practices?

Kim Lackie (09:48)
Mm-hmm.

Yeah, so right now I do a lot of journaling. I do daily journaling. I do my meditations. I find just being…

quiet with myself allows me to think but also gives me the opportunity to really feel in my body what it is that I want to do. One thing I recently did was human design. It’s something new for me so I couldn’t really explain it but it’s charting your birth time and date and one of the things that and I really didn’t know I had this was I feel a lot in my gut. My gut is kind of like my brain and now that I’ve

aware of this information I can see where that kind of stood out for me in my career. Being a law enforcement I we say well it’s in my gut you know a lot of these gut feelings you know your conscious mind is picking up on a lot of things that we’re not consciously aware of and so really getting into tune with that but also

sharing my story because I think by doing that I’m healing myself.

allowing myself to share what I’ve learned and I just thought it seems to be something that is really welling up in me to be able to share and so I appreciate you reaching out it just kind of seemed to happen all at the same time that I was looking for something and and your emails started to come in so I really feel that me being here is allowing somebody else to hear part of a story in real estate that

Sometimes it isn’t always talked about. The other thing I look after my own real estate properties and investments and some of them I’m more active in others I’m not. However, this really started to help with understanding how other people work, understanding how I could help other investors because we do have other investors in our projects and some of them are a lot more nervous, a lot more not as knowledgeable on how things work. And so really trying to

help

them understand that the anxiety that they’re feeling is because they maybe didn’t voice what their expectations were. And we talk about, you know, partners and really partnering with somebody that we can have open communication. Well, what does that look like? And so if we’re too fearful to even speak what that is for us on the chance that, you know, this partnership might not work.

That’s part of how we are able to start to have open communication and expectations so that the partnership can work before it gets too far down the line. So my work does help with other businesses, but real estate investing is still part of my life. It’s just not the main part as I go forward.

Michelle Kesil (13:15)
Yeah, and do you work with like investors?

Kim Lackie (13:18)
Not at this point. The investors I’m working with are ones that, you know, were peers in projects, so I don’t have investors that I actually work for. And one of the reasons was…

When I was working in law enforcement, we had a very strict policy about doing secondary employment. So when I was learning all of my real estate stuff and really wanted to, my next step was to do my own project and be kind of the lead on that, I was held back by my job.

because of those policies and so I couldn’t push that envelope. It allowed me to learn more about land development and how those projects work, other joint venture like multi-family and that kind of thing. However, when it came time to actually start, you know, once I retired to start looking at projects, I knew that my own financials needed to be in order and I

really had a reluctance to take on other people’s money if my own household wasn’t in order. And so that kind of was the catalyst for me starting to understand a bit more about what my money mindset was. What is it that I was trying to achieve by taking on these projects? How could I move projects forward if I didn’t have, you know, my own systems in place? And so

understanding bit more about myself and what I was willing to learn more about in other places where I was not willing to push myself to get a result. I think that’s part of the work I do is to really fully understand what it is that I want and how do I want to achieve it. But what am I willing to put my energy into?

making part of my life and if it’s not something I’m really desiring then why am I pushing myself forward in those areas? And that’s really what it came down to is that I just didn’t feel that I had it in me to start taking other people’s money to invest. One, because of the projects would be longer projects and I really didn’t want to feel my…

retirement with projects that were going to take on a life of their own. And so for me it was really understanding where it is that I wanted to focus and where I wanted to see myself in three years and five years and 10 years.

Michelle Kesil (16:24)
Yeah, absolutely. And so how do you work with clients on these practices? Is this something that you’re like working with others with or it’s just for yourself?

Kim Lackie (16:32)
Yeah, no, I’m working with others. So they come in to work with me. It’s a one-on-one private sessions. We have four sessions that we try and plan within 30 days because the breakthrough through process can take a while. The actual modality itself is pretty quick, but there’s a whole way of understanding how to learn.

how you do your problems, how do you work through things. And so sometimes we don’t always know that. So the kind of the intake process is a lot longer. And then the breakthrough process is actually working with your unconscious mind. There’s some visualizations, timeline therapy is visualizing in your mind, your lifeline as a timeline.

And so rather than traditional therapy where we go and actually talk about all the instances that are causing you issue now in the present. So if you had some trauma or some challenges and what how that’s showing up now, we actually work with the emotions and look at it from a third person witness perspective to try and alchemize or move through those emotions, but actually start to pull out some of the

learnings or teachings that we can get from them. So like the I am statements and this goes back to the type of positive affirmations that you would do in personal development or in mindset is those daily affirmations that I am ⁓ for me it’s I am a warrior I am a beautiful person I am you know and it can go as deep as you want.

but is pulling out those learnings and then using those in present day to mark your goals for the future. And so that’s part of the hypnotherapy part. If you’re interested in that, it’s not necessary. However, that’s part of what I offer after these breakthroughs is the integration of new practices so that you can start to make changes in your life so that you’re not pushing through all this resistance that you’re so used to. So that’s part of

those protective patterns that we learn about when we’re younger to keep ourselves safe. We’re learning from our caregivers, our parents, our other siblings from schools, and they helped us in the moment, but we’ve learned over time to commit those to memory, to commit those to behaviors that just automatically happen. Anywhere from how you brush your teeth to how you put your pants on, right?

But we learn those behaviors on how to deal with stress, how to deal with somebody that’s challenging us, how to deal with, you know,

certain things that happen at work, you know, if somebody gives a comment and how we react to it. So it’s understanding that those are defensive mechanisms or protective patterns, I like to call them. And so it’s working with those so that we can start to build new neural pathways on what is another way to to look at this. And then how do I actually want to react? How do I as an adult in this day and age at the age that I’m at, how do I want to move forward? And so helping my clients to

map those out. We use different modalities from guided meditations to yoga practice to journaling prompts and not surface level journaling prompts but really getting down to the multiple layers of that onion of what I like to call you know what is it that’s really motivating us.

Michelle Kesil (19:58)
Yeah, amazing. And so how would this be supportive for a real estate investor?

Kim Lackie (20:03)
So part of real estate investing, for me anyways, and I’m sure there’s many out there that talk about mindset and personal development and how do we try to integrate our expectations of others? How do we respond to the challenges that are happening, whether you’re in land development? know, CMHC can make some really, you know, wild changes. And then how do we deal with that? How do we deal with…

investors that are challenging us are not understanding the process. So it’s really starting to understand you as a person and how do you, you know, how are you reacting to these challenges and how do you want to act better? And a lot of these loops that we have, we’ve had them for so long that

Yes, we can start to do some changes on a surface level, but how do we make those changes or make new habits without trying to push and just using our willpower to move through those? We can go to therapy. Therapy takes time.

It takes devotion, it’s a lot of talking. Sometimes we’re re-traumatizing ourselves based on whatever it is that we want to speak about. Part of what I offer is a quicker way to do it. It really works with the unconscious mind and can be done fairly quickly. However, the person’s got to be open to making those changes. You know, if your body is so much into reaction that if you’re not ready to make

changes then it’s going to be more difficult. So you know I understand the real estate investing world. I’ve been in it, I’m still in it and so I think I bring a different kind of lens to helping others move through some of the challenges that real estate investing can bring along the way.

Michelle Kesil (21:52)
Yeah, absolutely. That’s incredible. You can combine the two. Thanks for sharing that. And before we wrap up here, if someone wants to reach out, connect and learn more, where can people find you and connect with you?

Kim Lackie (21:57)
Yeah.

Yeah, so I have Instagram, it’s Kim Lackie. I also have Facebook, it’s Kim Lackie and LinkedIn as well. There’s also the Sovereign Path Alchemy, which is the name of my company. There’s a Facebook page for that. I also have my website, so sovereignpathalchemy. And I also, as a freebie for your listeners, I have a workbook. So maybe I can send that to you and if you can link it in the show notes, that’d be awesome. If not, reach out to me at [email protected].

can certainly send it to whoever asked for the Path Forward workbook.

Michelle Kesil (22:41)
Okay, perfect. Appreciate your time and your story. Thank you for being here.

Kim Lackie (22:45)
Okay, thank you Michelle. It was lovely talking with you.

Michelle Kesil (22:49)
Of course, and for those tuning in, if you got value, make sure you’ve subscribed. We’ve got more conversations with operators like Kim who are building real businesses and we’ll see you on the next episode.