Growing Independently in Real Estate: An Interview with Small Multi-Investor w/ Mandy McAllister

📌Check out Mandy’s Financial Freedom Calculator on her website In this episode of the Apartment Investors Podcast, host Jonathan Twombley invites Mandy McAllister, a small multi investor, to share her unique approach to real estate investment. Unlike most guests, Mandy is not relying on syndication or complex value adds. Instead, she solely focuses on purchasing low-maintenance properties and managing them herself. Mandy also reveals how shifting her mindset around perfectionism and fear of failure enabled her to leave her career in medical device sales and start investing in real estate. She shares some of her favorite strategies for adding non-construction-related value to her properties and her experience with a six-unit 1920s building. Mandy also talks about her recent move into the car wash business sector, which offers a different cash flow and risk profile than multi-family real estate. Finally, Mandy talks about her role as CEO of GoBundance Women, a community of successful women who are focused on leading epic lives. In this episode: 👉Achieving financial freedom and TIME freedom through real estate 👉How to add value to your properties without additional construction 👉Pros and cons of the car wash sector 👉How to acquire and take care of low-maintenance properties 👉Mandy’s project GoBundance Women, an organisation for women with a net worth of a million dollars or more.

📑More about Mandy McAllister Mandy McAllister is a multifamily real estate investor, mindset ninja, and connector. She spent the bulk of her career in medical device sales chasing cases and commission checks. In 2021, Mandy left her W2 to lean on the financial independence she built through real estate investing. Mandy now serves as CEO of GoBundance women, a tribe of healthy, wealthy, generous women who choose to lead epic lives.

Her real estate expertise includes repositioning underperforming assets to increase cashflow and value. Her portfolio is currently comprised of 373 doors of B class workforce housing, furnished student housing and a motel reposition. She is most proud to be mama to her hilarious 7-year-old son Duncan who, coincidentally, wants to be a real estate investor when he grows up.

🌎Reach out to Mandy McAllister Personal websiteGoBundance WomenLinkedIN 🖋️ Some key points: (00:29) Guest Introduction: Mandy McAllister (00:56) Mandy's Journey into Real Estate Investing (02:11) Overcoming Fear and Taking Risks (02:50) Mandy's Career Transition and First Property (03:14) Scaling Up and Financing Strategies (05:17) The Power of Value Add without Construction Risk (06:31) Identifying and Evaluating Potential Deals (10:17) The Benefits of Smaller Deals and Long-term Holding (20:10) Diversifying into Other Businesses: Car Wash Investment (24:10) Managing a Car Wash Business (28:33) GoBundance Women: A Tribe for Female Investors

🌎Reach out to JonathanTwombly LinkedIn: https://www.linkedin.com/in/jonathandtwombly Loved this episode? Leave us a review and rating on Apple podcasts by clicking here. 🔅 Previous Episodes on Apartment Investor’s Club Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton Hotel Conversions To Multi Family Housing With David Peters 🎤 Podcast post-production EZPZ Podcasting