41: Crucial Secrets for Aspiring Real Estate Investors: Avoid Costly Mistakes with Lindsay Lovell

In today’s informative and inspiring episode, Damon welcomes serial entrepreneur Lindsay Lovell to the podcast to share her transformative journey from a traditional career in private equity to becoming a highly successful real estate investor. Lindsay recounts how, despite initially following the conventional path to financial security, she soon realized her W-2 income wouldn't suffice for a comfortable retirement. Inspired by mentorship and self-education, she pivoted to real estate during the COVID-19 pandemic, and began investing in properties across the Midwest. Lindsay now owns over 72 properties - including long-term rentals and sober living homes - a testament to the power of leveraging real estate to build wealth and financial freedom. As you will here, her story, as shared here today, brilliantly demonstrates the importance of continuous learning, taking calculated risks, and seeking mentorship to achieve entrepreneurial success.

Episode Highlights:

[00:00] Introducing the podcast and today’s guest

[02:25] Lindsay’s move from a secure job to entrepreneurship seeking financial and personal fulfillment.

[04:56] Her initial real estate investment in Missouri.

[08:04] Embracing risks in entrepreneurship.

[12:30] The importance of mentorship in Lindsay’s journey.

[13:42] Expansion into Sober Living Homes.

[17:16] Building systems for work-life balance.

[20:38] Strategic real estate planning.

[24:22] Lindsay’s insights from starting a virtual assistant business.

[28:35] Coaching and Continuous Learning.

[35:28] Outsourcing and VA utilization.

[42:41] Lindsay’s advice for new investors.

[46:24] The value of continuous learning.

About Our Guest:

Lindsay Lovell is a passionate advocate for financial freedom and wealth creation through real estate investing. As a top real estate coach, she founded the Millionaires March course, offering personalized guidance and practical strategies to help individuals purchase and manage investment properties. With a portfolio of 72 properties, Lindsay's expertise spans long-term rentals, vacation homes, and mobile home parks. She co-founded G-VI Capital Management, managing over $15M in assets, and Wanderlust Stays, a vacation rental management company. Lindsay also engages in speaking events, inspiring audiences with tools for creating lasting wealth.

Connect with Our Guest:

Website: https://themillionairesmarch.com/

Website: https://g-vicap.com/

Website: https://wanderluststays.com/

Free Strategy Session: https://calendly.com/millionairesmarch/free-investing-strategy-session

TikTok: https://www.tiktok.com/@lindsayzanelovell?_t=8cZC5ohRxkV&_r=1

Pinterest: https://www.pinterest.co.uk/lindsayzanelovell/

Facebook: https://www.facebook.com/lindsay.zane

Instagram: https://www.instagram.com/lindsayzanelovell/

Resources referenced:

BiggerPockets: https://www.biggerpockets.com/

Full Focus Planner: https://fullfocus.co/

Podcast Contact Information:

Website: www.learnit.com

Email: podcast@learnit.com

Follow us on LinkedIn and Instagram for more updates.