Millennial Investing - The Investor’s Podcast Network

MI347: Women Invest in Real Estate w/ Grace Gudenkauf & Amelia McGee

Apr 23, 2024

Grace Gudenkauf and Amelia McGee share their real estate investing journey, financing strategies, and co-founding Women Invest in Real Estate. They discuss using the BRRRR strategy, scaling portfolios, forming WIIRE, managing time efficiently, and tech tools. Recommended books and resources are also mentioned, giving insights into successful real estate investing.

01:05:38

Episode guests

Amelia McGee

Grace Gudenkauf

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Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Amelia took a risk by quitting her job early, while Grace strategically planned her exit from engineering to venture into real estate.

Amelia focused on small-to-mid-size multifamily properties using the BRRR strategy, while Grace explored partnerships and creative financing for investment expansion.

Amelia and Grace emphasize systemizing processes, documenting procedures, and planning for future endeavors to ensure efficiency and growth in real estate ventures.

Deep dives

The Leap into Real Estate Investing

Amelia and Grace share their journey into real estate investing, emphasizing the importance of taking calculated risks. Amelia made a bold move by quitting her job fairly early in her journey, leveraging her passion for real estate investing. Grace, on the other hand, strategically planned her exit from her engineering job, ensuring financial stability and readiness to take the leap.

Introduction

2min

Real Estate Investing Journey and Strategies

15min

Real Estate Investing Strategies and Property Renovation

6min

Empowering Women in Real Estate and Online Privacy Protection

5min

Empowering Women in Real Estate Investing Through Retreats

6min

Content Creation, Monetization, and Bold Career Shifts in Real Estate Investing

3min

Transitioning to Full-Time Real Estate Investing

4min

The Journey to 'The Self-Managing Landlord' Book

7min

Effective Real Estate Management Strategies

16min

10.

Embracing 10x Thinking and Impactful Books

3min

11.

Book Promotion and Portfolio Admiration in Real Estate

2min

Patrick Donley (@JPatrickDonley) sits down with Grace Gudenkauf and Amelia McGee to discuss how they got started in their journey of real estate investing. You’ll learn about their individual portfolios and how they financed them, how they connected and co-founded Women Invest in Real Estate, what you’ll learn from their forthcoming book, The Self-Managing Landlord, the books that have influenced them the most, and so much more!

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

03:46 - What Amelia and Grace’s first steps in real estate investing were.

06:51 - How they use the BRRRR strategy to grow their portfolios.

18:56 - What they did to finance their deals.

10:35 - How they educated themselves in real estate.

10:35 - Who their book is geared towards and what you’ll learn from it.

14:05 - How they began to scale their portfolios.

22:37 - How they met and created Women Invest In Real Estate (WIIRE).

29:06 - How they spend their time between WIIRE and running their portfolios.

42:41 - What their tech stack looks like.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Recommended book: The Self Managing Landlord by Grace Gudenkauf and Amelia McGee.
Recommended book: 10X is Better than 2X by Dan Sullivan.
Recommended book: Rich Dad Poor Dad by Robert Kiyosaki.
Recommended book: Real Estate Rookie by Ashley Kehr.
Check out the books mentioned in the podcast here.
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