Capital Hacking E289: Mother of 4 Investing in Storage and House Hacking with Kaitlyn McKay
In this episode of Capital Hacking, Josh McCallen and John Edwin interview Kaitlyn McKay, a stay-at-home military mom and wife who took immediate action after listening to podcasts on real estate investing. Kaitlyn joined Brian Lubin's Action Academy and already has two successful investments - an Airbnb house hack and a self-storage facility. She shares her perspective on debt, redefining it as asset debt, and teaches the principle of viewing debt in terms of keeping an asset. Tune in to be inspired by Kaitlyn's incredible journey in real estate investing.
[00:02:30] Investing in human capital.
[00:06:47] Shifting from scarcity to abundance.
[00:09:54] Investing in fourplex properties.
[00:12:41] Self storage investments.
[00:14:23] Military mindset and financial assets.
[00:18:08] Seek to serve or pay to play.
[00:21:33] Supportive spouses in real estate.
[00:25:10] First time someone offered capital.
[00:27:00] Self storage and auctions.
Kaitlyn McKay, a stay-at-home military mom and wife, took immediate action after being inspired by real estate investing podcasts. About eight months ago, she began listening to podcasts on real estate investing and decided to implement the strategies she learned. Motivated by her newfound knowledge, Kaitlyn joined Brian Lubin's Action Academy and took massive action. As a result, she has already acquired two real estate investments - an Airbnb house hack and a self-storage facility that she is currently closing on.
During the episode, it is mentioned that Kaitlyn joined Brian Lubin's Action Academy, indicating her participation in a coaching program or community led by Brian Lubin. Growing up in a family with eight children fostered a sense of scarcity and competition within Kaitlyn. However, after joining the Action Academy and learning from mentors in the real estate community, Kaitlyn's mindset began to shift. She realized that she had the power to choose her own path and pursue her goals.
Kaitlyn's mindset transformation was influenced by conversations with successful individuals in their 20s who had achieved real estate success with multiple properties. This realization empowered Kaitlyn, as she recognized that if they could do it, she could too. Learning from these mentors and gaining confidence in her own abilities, Kaitlyn started to believe in her potential for success in real estate.
Initially, Kaitlyn had fears and doubts about investing in real estate, concerned about potential financial losses and holding a scarcity mindset where every penny counted. However, after purchasing her first house hack and experiencing the positive impact of Airbnb, her mindset began to change. Witnessing the difference it made, Kaitlyn became more optimistic about her real estate journey.
Kaitlyn's mindset shift coinci
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