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How To Build Financial Freedom WHILE Building A Family ( 5 Kids - $30M of Real Estate) w/ Heather Blankenship
Apr 24, 2025
Heather Blankenship, a seasoned real estate investor with over a decade in the industry, shares her journey building a $30 million portfolio of RV and mobile home parks while raising five kids. She discusses strategic portfolio management, balancing cash flow with personal life, and the importance of tailored investment strategies. Insights from a women's mastermind group highlight the challenges of combining family and financial goals. Heather emphasizes the joy in business ventures and the significance of pursuing passion-driven work amidst a busy family life.
39:22
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Quick takeaways
- Strategically pruning a real estate portfolio by selling smaller properties can lead to reinvestment in more profitable assets for better cash flow.
- Balancing investment pursuits with personal life is crucial, as success should also reflect personal relationships and overall well-being over mere financial metrics.
Deep dives
Portfolio Pruning Strategies
Pruning a real estate portfolio can be a strategic necessity for long-term success in managing diverse properties. The speaker discusses her decision to sell smaller, less profitable properties, such as duplexes and triplexes, to reinvest in more lucrative options like glamping resorts and RV parks. This process was driven by the realization that smaller properties, while initially appealing for cash flow, consumed significant effort and offered diminishing returns. Knowing the market dynamics, she opted to leverage the equity gained from selling those properties to invest in assets that would provide better cash flow and longevity.
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