Episode 218 - Breaking Barriers in Real Estate: Amelia McGee’s Story of Investment Success

What does it take to be a successful woman in real estate? Join us as Craig Curelop, our host, talks with Amelia McGee, a self-taught real estate investor and co-founder of Women Invest in Real Estate (WIRE). Amelia describes growing up in a small Iowa town and establishing a 45-door portfolio. She has experience managing both short-term leases and long-term investments. Amelia discusses how she collaborated with her parents, expanded her portfolio, and overcame the obstacles of being a woman in a male-dominated field. 

Her practical advice on self-managing properties and forming partnerships will encourage both veteran investors and newbies. Amelia also offers advice for women wishing to get into real estate. Tune in to hear Amelia’s journey and learn how she turned her passion into a successful business. Don’t miss out—hit play and get inspired to take the next step in your investment journey!

PODCAST HIGHLIGHTS:
[02:20] Amelia shares her beginnings, growing up in a small Iowa town and starting her investment journey in 2019.
[03:40] She talks about her first property, convincing her debt-averse parents to partner on a $30,000 home.
[06:00] Amelia reflects on key lessons from her first flip, discussing what worked, what didn’t, and why she shifted to rentals.
[09:30] She explains her mindset shift from a 9-5 job to seeing real estate as a pathway to freedom.
[12:00] Amelia talks about founding Women Invest in Real Estate (WIRE) and building a community for women in the industry.
[15:20] She shares challenges women face in real estate and offers strategies for overcoming them.
[20:00] Amelia discusses how she structured partnerships with her parents, using a $100k line of credit to scale.
[24:00] She shares insights into managing 45 doors, including cash reserves, risk management, and self-management.
[29:10] Amelia explains why quality trumps quantity in scaling her portfolio and her pivot to solo investing.
[33:30] She talks about her evolving confidence, setting boundaries, working with contractors, and valuing herself.
[36:00] Amelia offers advice for new women investors, encouraging them to surround themselves with like-minded people and take bold steps.
[39:20] Lastly, she discusses her hobbies—pickleball, golf, and how she maintains a balanced, joyful life.

HOST
Craig Curelop   
📸 Instagram: https://www.instagram.com/thefiguy   
📘 Book: https://store.biggerpockets.com/products/the-house-hacking-strategy   
🏘️ Buy Real Estate: https://bit.ly/3V3QDze    

GUEST
Amelia McGee
📸Instagram: https://www.instagram.com/ameliajorei/?hl=en
🌐Website: https://www.womeninvestinrealestate.com/
📘Book: The Self-Managing Landlord: https://get.biggerpockets.com/graceandamelia/