The BetterLife Podcast: Wealth | Real Estate Investing | Life cover image

The BetterLife Podcast: Wealth | Real Estate Investing | Life

Finding Off-Market Deals Even with Kids and a Busy Life | Millie Pendola

Sep 17, 2024
Millie Pendola, a real estate agent and investor who achieved financial freedom in just three years, shares her journey and secrets to success. With a background in real estate planning, she reveals how to find off-market deals and grow a cash-flowing rental portfolio. Millie discusses the importance of learning from mistakes, why she favors a buy-and-hold strategy, and leadership lessons from her young daughter. She also unveils her 'better rule' for living well, making this conversation both insightful and entertaining.
01:10:39

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Millie Pendola attributes her success in real estate to a unique combination of flipping and rental property strategies for cash flow.
  • The podcast emphasizes the necessity of flexibility and problem-solving in real estate transactions, highlighting the uniqueness of each deal.

Deep dives

Understanding Decision-Making and Outcomes

Many people mistakenly equate the quality of their decisions with the outcomes they achieve. A poor outcome often leads to the assumption that a bad decision was made, even when the decision itself was sound and reasonable. This perspective emphasizes the importance of recognizing factors outside of one’s control that can impact results. Ultimately, achieving success involves understanding the difference between the decision-making process and the variability of outcomes.

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