Real Wealth Show: Real Estate Investing Podcast

How I Got My First Rental Property with Genica Proctor

9 snips
Oct 2, 2025
Genica Proctor, a pharmacist and new real estate investor, shares her journey into the world of rental properties. She discusses why she chose Alabama over San Antonio, focusing on market affordability and job growth. Genica emphasizes the importance of action and simplicity for first-time investors, explaining her decision to use turnkey services for her first rental. With a positive mindset and a passion for providing housing, she shares insights on building passive income and plans to expand her portfolio while balancing family commitments.
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ANECDOTE

Finding A Market By Chance

  • Genica found RealWealth via podcasts and property tours when she wanted turnkey options due to a busy job.
  • Leah suggested Alabama, which led Genica to quickly contact the team and start the buying process.
ADVICE

Talk To Counselors To Reveal Options

  • Speak with investment counselors to uncover markets or advantages you hadn't considered, like low property taxes.
  • Tailor market choice to your financial situation instead of assuming nearby markets are best.
ANECDOTE

Turnkey Property With Lease In Place

  • Genica chose a turnkey property that already had a two-year lease which reduced landlord risk immediately.
  • She appreciated that the Alabama team provided a shopping list and quick support during the purchase.
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