Real Wealth Show: Real Estate Investing Podcast
From W-2 to Full Time Real Estate Investor at 35 with Mandy McAllister
Apr 17, 2025
Mandy McAllister, a GoBundance Women’s member, shares her inspiring journey from a W-2 job in medical sales to a full-time real estate investor. After overcoming a personal setback, she successfully rebuilt her financial foundation through live-in flips and small multifamily investments, amassing over 370 doors. She discusses vital mindset shifts, the importance of strategic JV partnerships, and lessons learned from mistakes. Mandy emphasizes the critical role of legal agreements in protecting investments and offers insights on balancing a traditional job with real estate endeavors.
23:13
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Quick takeaways
- Mandy McAllister overcame initial fears and transitioned from her W-2 job to real estate investing, emphasizing a mindset shift for financial freedom.
- She highlighted the significance of strategic partnerships and formal agreements to ensure successful collaborations and long-term income in real estate.
Deep dives
Transition to Real Estate Investing
A woman transitioned from a stable W-2 job to real estate investing at the age of 35, with her journey beginning when she learned about a friend’s father who rented out rooms in a house. Initially hesitant due to fear of mistakes, she realized the importance of seizing opportunities when she became a mother, leading her to invest in small multifamily properties. She started with a fourplex, which piqued her interest in expanding her portfolio to larger apartments and complexes. This shift in mindset helped her move past analysis paralysis, allowing her to benefit from the financial freedom that real estate investment could offer.
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