Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business From $0 to 30+ Properties – The One Strategy That Changed Everything!
Feb 27, 2025
In this engaging discussion, Grace Gudenkauf, a real estate investor and author known for her innovative strategies and advocacy for women in the field, shares her impressive journey from a hands-on DIY landlord to a systems-oriented entrepreneur. She reveals the pivotal mindset shift that transformed her approach to scaling her business. Grace explains the BRRRR strategy for acquiring properties with minimal investment and emphasizes the art of outsourcing for efficiency. She also highlights the importance of community and networking in securing deals and empowering female investors.
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Grace's Real Estate Journey
- Grace Gudenkauf's real estate journey started while helping her fiancé paint a house, sparking the idea that she could pursue real estate investing.
- Inspired by "Rich Dad Poor Dad" and BiggerPockets, she began DIY investing in her local area, Cedar Rapids, Iowa.
Normalize Real Estate Investing
- Surround yourself with people who normalize complex topics like real estate to make taking action easier.
- Join local meetups, online communities, or listen to podcasts to normalize real estate investing and learn from experienced individuals.
DIY to Delegation
- Grace initially did DIY investing, including renovations, but found it difficult to scale.
- Moving to Tucson, Arizona, forced her to outsource and delegate, leading to significant business growth.
