Real Estate Investing Strategies and Property Renovation

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Exploring value-add properties in real estate investing, the chapter delves into renovating properties to increase value by raising rents and refinancing. The speakers share insights on transitioning from full-time jobs to real estate investing, leveraging creative financing and networking to find deals in the local market.

Patrick Donley (@JPatrickDonley) sits down with Grace Gudenkauf and Amelia McGee to discuss how they got started in their journey of real estate investing. You’ll learn about their individual portfolios and how they financed them, how they connected and co-founded Women Invest in Real Estate, what you’ll learn from their forthcoming book, The Self-Managing Landlord, the books that have influenced them the most, and so much more!

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

03:46 - What Amelia and Grace’s first steps in real estate investing were.

06:51 - How they use the BRRRR strategy to grow their portfolios.

18:56 - What they did to finance their deals.

10:35 - How they educated themselves in real estate.

10:35 - Who their book is geared towards and what you’ll learn from it.

14:05 - How they began to scale their portfolios.

22:37 - How they met and created Women Invest In Real Estate (WIIRE).

29:06 - How they spend their time between WIIRE and running their portfolios.

42:41 - What their tech stack looks like.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

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Recommended book: The Self Managing Landlord by Grace Gudenkauf and Amelia McGee.
Recommended book: 10X is Better than 2X by Dan Sullivan.
Recommended book: Rich Dad Poor Dad by Robert Kiyosaki.
Recommended book: Real Estate Rookie by Ashley Kehr.
Check out the books mentioned in the podcast here.
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