Burned out at your W2 job? Tired of climbing the corporate ladder? Starting a real estate business could give you financial freedom, but is it worth giving up the security of a biweekly paycheck? This entrepreneur thinks so, and today, she’ll give you the blueprint for forging your own path in real estate!
Welcome back to the Real Estate Rookie podcast! Melissa Shelton is not only an investor, but also the founder of Dear Valentine, a business that blends luxury, hospitality, development, and management. Quitting her nine-to-five job to become a full-time entrepreneur wasn’t an easy decision since she had worked tirelessly for many years to reach the top of her field. But, in the end, her “why” won out, and she mustered up the courage to go all-in on her dream!
In this episode, Melissa will show you how to launch a “small and nimble” real estate business. You’ll learn how to set goals, grow your clientele from scratch, and build a business plan that keeps you afloat. But that’s not all. Melissa also has tips for limiting overhead costs, finding deals that give the highest returns, and hiring people who propel your business forward!
In This Episode We Cover:
How to start a real estate business that gives you financial freedom
How to get your “foot in the door” and land your first client
Creating multiple income streams that insulate your new business venture
Crafting the perfect “pitch” that gets new investors and partners on board
How to overcome the fear of failure when pursuing entrepreneurship
And So Much More!
Links from the Show
Ashley's BiggerPockets Profile
Tony's BiggerPokckets Profile
Join BiggerPockets for FREE
Real Estate Rookie Facebook Group
Real Estate Rookie YouTube
Ask Your Question on the BiggerPockets Forums
Melissa’s Instagram
Canva
Buy the Book “The Quitter’s Manifesto”
Find Investor-Friendly Lenders
Stay-at-Home Mom to “Accidental” Investor with a $600K/Year Business
Connect with Melissa
(00:00) Intro
(01:40) Catching the Real Estate “Bug”
(04:59) Leaving Her W2 Job
(09:42) Preparing for Entrepreneurship
(21:51) A Day in the Life
(23:37) Melissa’s Business Model
(27:04) How to Find Clients
(35:56) Staying “Small and Nimble”
(39:36) Connect with Melissa!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-495
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