Get Creative with Pace Morby

Turning Pain Into Prosperity: How Sonya & Her Son Built Wealth After Tragedy

Jul 15, 2025
Sonya Wood, a real estate investor from Richmond, Virginia, shares her inspiring journey of turning personal tragedy into prosperity alongside her son. They discuss how, after losing a child, they ventured into real estate and private money lending, fostering resilience and family bonds. Sonya details a successful investment in Louisville, achieving impressive returns, and her son's exciting venture into a kayak business in Spain. This episode is a powerful blend of practical insights and uplifting narratives about community support and reinvention.
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ANECDOTE

Tragedy Sparks New Venture

  • Sonya and her eldest son turned to real estate investing after her youngest son's tragic suicide to find a fresh start.
  • Her son invested profits into a kayak excursion business in Spain to be closer to his child in the Canary Islands.
ANECDOTE

Successful Collaborative Deal

  • Sonya participated in a private money lending deal in Louisville with other Gators, earning a 15% return over six months.
  • The deal involved buying, rehabbing, and quickly refiing the property, allowing Sonya to redeploy capital sooner.
ADVICE

Leverage Meetups for Deals

  • Attend local real estate meetups to build trust and network with deal providers and private lenders.
  • Repeat attendance increases visibility and leads to more deals and partnerships.
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