The InvestHER Podcast

Andresa Guidelli & Liz Faircloth
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May 28, 2021 • 53min

Why This Doctor Invests in Land, Self-Storage, and Much More with Vanessa Peters

Diversification is important so get into the space that isn’t crowded.  On today’s episode, we talk with Vanessa Peters, doctor and investor, on how she got into syndications and why she focuses on portfolio diversification. Investing shouldn’t be emotional especially when it comes to hedging risk. We discuss with Vanessa why syndications ended up being the perfect investment that aligned with her goals, how to vet a syndication deal and more importantly the sponsor, the mistake she made from investing in too many deals at once, and how to decides how much of her portfolio to allocate to different asset classes. Vanessa also provides an overview of land entitlement and how it could be a profitable niche. Vanessa Peters, MD, is the founder of VMD Investing and has been investing in real estate for 12 years in single family homes, commercial retail, apartment communities, short-term rentals, self-storage, land entitlements and manufactured home parks. She has invested in over 2500 units across 15 properties and 4 funds. She is passionate about helping busy professionals build wealth through passive, income-producing real estate that provides attractive returns and a proven roadmap to financial freedom. She is the author of The Busy Professional's Guide to Passive Real Estate Investing - A physician's path to building wealth, creating financial freedom & leaving a legacy. She lives in Escondido with her husband and son and enjoys hiking, traveling and yoga. She also has a passion for aviation and has earned her Private Pilot Certificate.   On today’s episode, we discuss a ton with Vanessa including: How to do your due diligence on a syndication opportunity What to expect once a syndication deal closes The importance of diversification What land entitlement is and how it fits within a portfolio The importance of patience and doing your homework when learning about a new asset class Books/Resources Mindset by Carol Dweck The Busy Professionals Guide to Passive Real Estate Investing by Vanessa Peters Best Ever Apartment Syndication Book by Joe Fairless The Miracle Morning by Hal Elrod The One Thing by Gary Keller   Contact Information vanessa@vmdinvesting.com https://www.vmdinvesting.com/   Are you ready to Level Up? In 2020, we overcame challenges, pivoted multiple times, and became stronger together. Now, it is time to “Level UP”, continue breaking the glass ceiling and taking our business and most importantly our life to the next level.  Join the Co-Founders of The Real Estate Investher® Liz Faircloth and Andresa Guidelli and a bunch of amazing speakers LIVE on June 12th for their 2nd Annual InvestHER Summit! Learn how to turn fear into fuel, strategies to grow your Real Estate Business while you also take care of the most important person in the world…YOU!  Buy your ticket today: https://www.therealestateinvesther.com/LEVELUP    InvestHER Community Our mission is to support and inspire women real estate investors around the globe to live a financially free and balanced life. We are dedicated to creating empowering online and in person communities where women have a non-intimidating environment to ask questions and receive the support they need. Our vision is to see all woman investors achieve her financial freedom goals on her own terms. How To Join the InvestHER Movement   1)  The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves.    Subscribe via Itunes  Subscribe via Android  Subscribe via Stitcher 2)  InvestHER Community on Facebook  We have 2k+ members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals!   3) InvestHER Meetups Around the Globe We have over 4k+ meetup members attending close to 25 InvestHER Meetups across the country and Canada.  Meetups are being held monthly by experienced InvestHER Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Leader HERE! Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvesther
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May 26, 2021 • 39min

From Struggling Mom on Public Assistance to Millionaire with Lisa Nichols

You can be both grateful for where you are now and still chase the next best version of yourself. On today’s episode, we talk with Lisa Nichols, New York Times best-selling author and motivational speaker, on how you can cultivate a growing mindset. You don’t have to decide between success and abundance, you can have both. We discuss with Lisa how you must change your mind set for your actions to follow, ways you can organize your time so you don’t have to choose between business or family, how to change your mental programming, and the power of cognitive dissonance.  Vanessa also shares how she went from struggling mom to CEO. Lisa Nichols is one of the world’s most-requested motivational speakers, as well as a media personality and corporate CEO whose global platform has reached nearly 80 million people. From a struggling single mom on public assistance to a millionaire entrepreneur, Lisa’s courage and determination has inspired fans worldwide and helped countless audiences’ breakthrough, to discover their own untapped talents and infinite potential. As Founder and Chief Executive Officer of Motivating the Masses, Inc., Lisa has developed workshops and programs that have transformed the lives of countless men and women, and altered the trajectory of businesses throughout the country and across the world. Lisa is also a best-selling author of six books, and her 7th book ABUNDANCE NOW, was published in 2016 by HarperCollins. On today’s episode, we discuss a ton with Lisa including: The power of mantras and how they helped her transform her life How to find what you’re good at through exploring the unknown Why you shouldn’t compare your movement to someone else’s momentum How to balance business and family How to get your mindset right so your lifestyle will follow Books/Resources The 7 Habits of Highly Effective People by Stephen R Covey Contact Information Motivatingthemasses.com   INVESTHER SUMMIT  You do NOT want to miss the 2nd Annual InvestHER Summit coming up on June 12th!! This year’s Summit is all about LEVELING UP and it is MORE than a LIVE event, it will be a FULL-ON experience for women where they will not only learn from the best in the real estate investing biz but they will also participate in accountability groups, a high-level mastermind session and network with like-minded women investors from all walks of life! Join us June 12th!!! We have the star of the Secret and NY Times Best Selling Author, Lisa Nichols, as our keynote: Here is what you will learn from Lisa’s session:  Learn to Re-design your vision and break limiting beliefs that are holding you back  Discover how to overcome your fears and recommit to your dreams  How to powerfully use your voice in negotiations  Other JAM-PACKED LIVE sessions include:  Scaling Your Business with Kim Wendland  Generating MORE leads for your biz with Amy Ransdell  Making More Money with Goal Alignment with Chelsea Brennan  Building a Profitable and Lasting Culture & Team with Melanie McCallen  Raising Your First Million and Beyond with Amy Mahjoory McNicholas  Pre Event on 6/11 - “Remove Your Mask and Own Your Power” with Wendy Papasan  Andddd, we have tons of bonus sessions on Predictions for Investing in Multifamily with CEO of Realty Mogul Jilliene Helman, Airbnb in a Box with Erin Christiansen Hudson, Land flipping with Michelle Bosch, How to Double Your Agent Biz with Jonna Weber Real Estate, Real Estate Tax Myths Debunked with Amanda Han, and MUCH MUCH more! You will also have a chance to win $1500 worth of prizes and giveaways!  Learn more here - https://www.therealestateinvesther.com/LEVELUP   InvestHER Community Our mission is to support and inspire women real estate investors around the globe to live a financially free and balanced life. We are dedicated to creating empowering online and in person communities where women have a non-intimidating environment to ask questions and receive the support they need. Our vision is to see all woman investors achieve her financial freedom goals on her own terms. How To Join the InvestHER Movement   1)  The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves.    Subscribe via Itunes  Subscribe via Android  Subscribe via Stitcher 2)  InvestHER Community on Facebook  We have 2k+ members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals!   3) InvestHER Meetups Around the Globe We have over 4k+ meetup members attending close to 25 InvestHER Meetups across the country and Canada.  Meetups are being held monthly by experienced InvestHER Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Leader HERE! Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvesther
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May 21, 2021 • 47min

Pivoting from Real Estate to Educate Children on Entrepreneurship with Pongee Barnes

Teaching financial literacy to children is important. On today’s episode, we talk with Pongee Barnes, investor and entrepreneur, about including your children in your business and the importance of teaching entrepreneurial skills at a young age. Most people say that they want to give their kids a better life than they had growing up. But most just say it without putting action behind those words. Not this guest. We discuss with Pongee how she got started in real estate in college, the lessons she learned from that first unsuccessful deal, the importance of niching down and focusing on one area of business, and the power of partnerships. Pongee also shares with us her new entrepreneurial endeavor, publishing children’s books to educate them at young ages on entrepreneurship and ownership.   Pongee has been investing in real estate in the Chicago area for nearly two decades, and she's only 35. But her strategy for building wealth is straightforward and can be replicated by anyone that has patience. She has accumulated most of her rental properties without bank financing, which has enabled her to achieve financial freedom with only a few properties. Now she's focusing on scaling her monthly income and setting her kids up for a huge financial head start. Pongee recently founded Little Owners, a company dedicated to educating kids on the various paths to career and entrepreneurial success. Her book series, co-written with her children, breaks down the ins and outs of various careers. On today’s episode, we discuss a ton with Pongee including: The power of staying focused The lessons Pongee learned from her first failed flip How to make sure someone will be a good partner Ways to maintain a business to start building another one Why it’s important to include children in your business and let them know that ownership is an option Books/Resources Rich Dad Poor Dad by Robert Kiyosaki Contact Information Instagram - @realestateandchill Instagram - @little_owners Littleowners.com Are you ready to Level Up? In 2020, we overcame challenges, pivoted multiple times, and became stronger together. Now, it is time to “Level UP”, continue breaking the glass ceiling and taking our business and most importantly our life to the next level.  Join the Co-Founders of The Real Estate Investher® Liz Faircloth and Andresa Guidelli and a bunch of amazing speakers LIVE on June 12th for their 2nd Annual InvestHER Summit! Learn how to turn fear into fuel, strategies to grow your Real Estate Business while you also take care of the most important person in the world…YOU!  Buy your ticket today: https://www.therealestateinvesther.com/LEVELUP    InvestHER Community Our mission is to support and inspire women real estate investors around the globe to live a financially free and balanced life. We are dedicated to creating empowering online and in person communities where women have a non-intimidating environment to ask questions and receive the support they need. Our vision is to see all woman investors achieve her financial freedom goals on her own terms. How To Join the InvestHER Movement   1) The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves.  Subscribe via Itunes Subscribe via Android Subscribe via Stitcher 2)  InvestHER Community on Facebook  We have 2k+ members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals!  3) InvestHER Meetups Around the Globe We have over 4k+ meetup members attending close to 25 InvestHER Meetups across the country and Canada. Meetups are being held monthly by experienced InvestHER Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Leader HERE! Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvesther
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May 14, 2021 • 49min

Lessons Learned from Out-of-State Investing with Lesley Ray

Just because real estate is expensive where you live, doesn’t mean you can’t invest. Out-of-state investing creates a great opportunity. On today’s episode, we talk with Lesley Ray, full-time investor, on the lessons she learned while growing her portfolio out of state.  When investing out of state, having a local solid team is important. We discuss with Lesley why she chose to invest out of state, the key players on her team that help make it a success, the systems she has put in place to grow her portfolio and the story about why she switched from self-managing, to hiring a property manager. Lesley also shares her experience pivoting from long-term rentals to flipping as it more aligns with her interests and experience. Lesley's background in commercial interior architecture has led her to design and manage multi-million-dollar commercial office renovations for some of the world's largest technology clients in the Bay Area, California. After years of designing for clients, Lesley discovered real estate investing and saw the opportunity to be able to design and develop her own projects. Investing in the Bay Area proved to be cost-prohibitive, so she decided to purchase in Ohio where she grew up. She found her rockstar agent and purchased her first duplex in 2019. Since then, she has acquired 3 more properties: 10 doors (individually and with partners). She is excited to continue growing her portfolio as she expands into flipping and development so she can design her own projects. On today’s episode, we discuss a ton with Lesley including: Details about her first property, a duplex in Ohio Why you should request rent rolls during the due diligence period Lesley’s favorite way to communicate with contractors out of state Why she’s choosing to pivot into flipping The key players needed on your investing team Books/Resources Rich Dad Poor Dad by Robert Kiyosaki Contact Information Email- lesley@beam-properties.com Are you ready to Level Up? In 2020, we overcame challenges, pivoted multiple times, and became stronger together. Now, it is time to “Level UP”, continue breaking the glass ceiling and taking our business and most importantly our life to the next level.  Join the Co-Founders of The Real Estate Investher® Liz Faircloth and Andresa Guidelli and a bunch of amazing speakers LIVE on June 12th for their 2nd Annual InvestHER Summit! Learn how to turn fear into fuel, strategies to grow your Real Estate Business while you also take care of the most important person in the world…YOU!  Buy your ticket today: https://www.therealestateinvesther.com/LEVELUP    InvestHER Community Our mission is to support and inspire women real estate investors around the globe to live a financially free and balanced life. We are dedicated to creating empowering online and in person communities where women have a non-intimidating environment to ask questions and receive the support they need. Our vision is to see all woman investors achieve her financial freedom goals on her own terms. How To Join the InvestHER Movement   1) The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves.  Subscribe via Itunes Subscribe via Android Subscribe via Stitcher 2)  InvestHER Community on Facebook  We have 2k+ members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals!  3) InvestHER Meetups Around the Globe  We have Investher Meetup members attending in-person meetings across the country and Canada. Meetups are being held monthly by experienced InvestHER Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Leader HERE!    Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvesther
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May 7, 2021 • 14min

MINISODE Must Have Documents When Hiring a GC

You don’t want to rush through the hiring process when working with a general contractor. This is the most important part to set the foundation for a successful project and protect yourself from any disagreements. In today’s minisode, Andresa shares her top must have documents when hiring a general contractor. As a result of today’s minisode, Liz and Andresa encourage all InvestHERs to take one thing they learned from today’s minisode and implement it in the next 24 hours! Are you ready to Level Up? In 2020, we overcame challenges, pivoted multiple times, and became stronger together. Now, it is time to “Level UP”, continue breaking the glass ceiling and taking our business and most importantly our life to the next level.  Join the Co-Founders of The Real Estate Investher® Liz Faircloth and Andresa Guidelli and a bunch of amazing speakers LIVE on June 12th for their 2nd Annual InvestHER Summit! Learn how to turn fear into fuel, strategies to grow your Real Estate Business while you also take care of the most important person in the world…YOU!  Buy your ticket today: https://www.therealestateinvesther.com/LEVELUP    InvestHER Community Our mission is to support and inspire women real estate investors around the globe to live a financially free and balanced life. We are dedicated to creating empowering online and in person communities where women have a non-intimidating environment to ask questions and receive the support they need. Our vision is to see all woman investors achieve her financial freedom goals on her own terms.   How To Join the InvestHER Movement   1) The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves.  Subscribe via Itunes Subscribe via Android Subscribe via Stitcher   2)  InvestHER Community on Facebook  We have 2k+ members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals!  3) InvestHER Meetups Around the Globe We have over 4k+ meetup members attending close to 25 InvestHER Meetups across the country and Canada. Meetups are being held monthly by experienced InvestHER Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Leader HERE! Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvesther
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Apr 30, 2021 • 47min

How this Full Time Nurse Manages Multifamily Syndications with Savannah Arroyo

Look at the life you want to live five years from now. Will your current investing strategy get you there? On today’s episode, we talk with Savannah Arroyo, investor and registered nurse, on how to transition into multifamily syndication while working full-time. When you work backgrounds from your end goal, there lays a blueprint of what actionable steps you need to take. We discuss with Savannah why she transitioned from single family rentals to syndicating multifamily properties, how to invest in real estate while working a full-time job, how to vet a property management company, and the most important question to ask a person you may have a working relationship with. Savannah also shares her experience with a coaching and mentorship program and why she felt that was a great decision as she grew her real estate business. Savannah "The Networth Nurse" is a full-time Registered Nurse in Los Angeles, California. She uses her skills as a leader in healthcare operations to manage multifamily syndications. She also helps busy medical professionals create passive income through real estate investing. Her husband and she started investing in single family homes and quickly transitioned into multifamily after they learned about the opportunities to build and scale a business through multifamily with less risks and higher rewards. The couple completed a syndication in Oregon and are in the middle of another 24-unit syndication in Oregon. They have 2 young daughters 1yr and 3yr and love spending time at the beach and in the outdoors. They are a very active family, striving for financial freedom so that they can spend a chunk of the year in Hawaii and other places throughout the country with their family. On today’s episode, we discuss a ton with Savannah including: How to transition from single family rentals to value-add multifamily syndications Productivity tips to stay organized and streamlined when investing What she wishes she knew when she first started investing The mindset needed to excel in real estate How to move through mom guilt in order to create an amazing future for her family Books/Resources Think and Grow Rich by Napoleon Hill Law of Attraction by Michael Losier You Are a Badass at Making Money by Jen Sincero Grit by Angela Duckworth   Contact Information Instagram – @thenetworthnurse Facebook – The Networth Nurse YouTube – The Networth Nurse thenetworthnurse.com Are you ready to Level Up? In 2020, we overcame challenges, pivoted multiple times, and became stronger together. Now, it is time to “Level UP”, continue breaking the glass ceiling and taking our business and most importantly our life to the next level.  Join the Co-Founders of The Real Estate Investher® Liz Faircloth and Andresa Guidelli and a bunch of amazing speakers LIVE on June 12th for their 2nd Annual InvestHER Summit! Learn how to turn fear into fuel, strategies to grow your Real Estate Business while you also take care of the most important person in the world…YOU!  Buy your ticket today: https://www.therealestateinvesther.com/LEVELUP    InvestHER Community Our mission is to support and inspire women real estate investors around the globe to live a financially free and balanced life. We are dedicated to creating empowering online and in person communities where women have a non-intimidating environment to ask questions and receive the support they need. Our vision is to see all woman investors achieve her financial freedom goals on her own terms. How To Join the InvestHER Movement   1) The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves.  Subscribe via Itunes Subscribe via Android Subscribe via Stitcher 2)  InvestHER Community on Facebook  We have 2k+ members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals!  3) InvestHER Meetups Around the Globe We have over 4k+ meetup members attending close to 25 InvestHER Meetups across the country and Canada. Meetups are being held monthly by experienced InvestHER Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Leader HERE! Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvesther
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Apr 23, 2021 • 50min

How This Attorney Prevents Landlord Horror Stories with Bonnie Galam

You can’t have the asset protection that comes from an LLC, and then not act like an LLC. On today’s episode, we talk with Bonnie Galam, investor and real estate attorney, on how to proactively protect you real estate assets and self-manage a large portfolio. LLCs don’t stop lawsuits from happening. They are there to protect you in the event one arises. But what can you be doing to prevent those types of losses to begin with? We discuss with Bonnie how you can operate your business to better protect your assets, the importance of having an annual asset, when you should and shouldn’t self-manage, and lessons learned during the pandemic when it comes to landlording. Bonnie also shares a great process for finding out what your core genius is within your business.  Bonnie Galam is a real estate investor, real estate attorney, and founder of Landlord Law School. Bonnie and her husband built a multimillion-dollar rental portfolio by their late 20s in the greater Philadelphia area. Bonnie founded her law firm, a boutique real estate practice serving in NJ and PA, with a mission to serve investors. Through her law firm, Bonnie noticed that real estate investors were coming to her to solve problems rather than prevent them. She knew from her own experience that it was because the existing law firm model didn't serve investors. They simply weren't going to call their lawyer every time they worked with a contractor or communicated with a tenant. So Bonnie created landlord law school, the only DIY asset protection course for real estate investors to help prevent law suits, preserve generational wealth, and securely scale their investing business. Personally, Bonnie is a mom of 2 tiny tots - Elliot age 3 and Soleil age 1. She almost always has her nose in a book, is a certified yoga instructor and would always prefer to be at the beach. On today’s episode, we discuss a ton with Bonnie including: Eviction alternatives Policies and best practice you can put in place to protect your assets How to avoid landlord horror stories The importance of having the right insurance in place The importance of treating an LLC like an LLC Books/Resources This is Marketing by Seth Godin Landlord Law School – Free 7-day access to module 1! https://bonniegalam.mykajabi.com/a/39387/azzzfVaz   Contact Information Email - bonnie@bonniegalam.com Instagram - @bonniegalamesq We are so excited to share that we are hosting a free 3-day live event called the Top Producer Challenge! This is specifically for real estate agents who are looking to take their biz to the next level! Our speakers are top producing real estate agents and some of the best in the business. You will learn how to find hidden inventory and win bidding wars! You will also learn how to build a profitable biz without buying leads and how to stand out with sellers to win listings in a crowded market. We have invited the best in the biz to share their success strategies with you! So come join us for this FREE EVENT on April 27th, 28th and 29th at 7 pm EST….   REGISTER HERE - https://www.therealestateinvesther.com/top-producer   InvestHER Community Our mission is to support and inspire women real estate investors around the globe to live a financially free and balanced life. We are dedicated to creating empowering online and in person communities where women have a non-intimidating environment to ask questions and receive the support they need. Our vision is to see all woman investors achieve her financial freedom goals on her own terms. How To Join the InvestHER Movement   1) The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves.  Subscribe via Itunes Subscribe via Android Subscribe via Stitcher 2)  InvestHER Community on Facebook  We have 2k+ members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals!  3) InvestHER Meetups Around the Globe We have over 4k+ meetup members attending close to 25 InvestHER Meetups across the country and Canada. Meetups are being held monthly by experienced InvestHER Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Leader HERE! Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvesther
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Apr 16, 2021 • 60min

How to Avoid Rookie Mistakes as a First-Time Home Buyer with Mindy Jensen

If you want to set yourself up for success, you need to take ownership of the home buying process and start asking questions. On today’s episode, we talk with Mindy Jensen, investor, realtor, and author, on how first-time home buyers can avoid rookie mistakes. Buying a home for the first time can seem overwhelming but today’s guest shares the complete playbook for purchasing your first home. We discuss with Mindy why you shouldn’t rely on a realtor for everything, how to take ownership of the home buying process, why falling in love with a property is detrimental to your financial success, and how to find, vet, and select a lender who matches with your goals. Mindy also shares how you can creatively find deals in the current market. Mindy is primarily a live-in flipper, buying an incredibly unattractive house and rehabbing it while living in it. Why would someone put themselves through this?!? Sweet, sweet tax-free capital gains, baby! She's currently NOT working on her 10th live in flip, having made the decision to slow down and take things a bit easier during the next year. Mindy is the Community Manager of BiggerPockets.com, the co-host of the BiggerPockets Money Podcast, the co-author of First Time Home Buyer, and a firm believer that women everywhere can and should generate wealth through real estate investing. On today’s episode, we discuss a ton with Mindy including: How you can find deals in a hot market Things to consider when looking for you first home What NOT to do when putting in offers Should you wait to buy a home? The biggest mistakes investors and homeowners make Books/Resources The Richest Man in Babylon by George S. Clason Waffles on Wednesday Spending Tracker Contact Information Email - mindy@biggerpockets.com Instagram- @MindyatBP Twitter- @MindyatBP BiggerPockets Money Facebook Group    Buy your first house with your eyes wide open and outsmart the world’s most common financial trap! From BiggerPockets CEO Scott Trench and podcast co-host Mindy Jensen, learn how your home purchase can destroy your wealth... or generate even more in their new book, First-Time Home Buyer: The Complete Playbook to Avoiding Rookie Mistakes, Buying a house is more than just trading money for a deed. Between choosing your real estate agent and lender, picking the right neighborhood, and choosing the house itself, you're suddenly making more decisions than you ever thought possible. All this while trying to keep a level head for what may be the biggest purchase of your life! Plus, no matter how desperately you want to escape the renter’s cycle, buying a house isn’t always a good investment. Your home can destroy your wealth and freedom or generate the same—and this book will show you how to make a decision that gives you the most financial flexibility possible. BUY THE BOOK NOW! https://store.biggerpockets.com/products/first-time-home-buyer We are so excited to share that we are hosting a free 3 day live event called the Top Producer Challenge!  This is specifically for real estate agents who are looking to take their biz to the next level!  Our speakers are top producing real estate agents and some of the best in the business.  You will learn how to find hidden inventory and win bidding wars!  You will also learn how to build a profitable biz without buying leads and how to stand out with sellers to win listings in a crowded market.  We have invited the best in the biz to share their success strategies with you!  So come join us for this FREE EVENT on April 27th, 28th and 29th at 7 pm EST….  REGISTER HERE - https://www.therealestateinvesther.com/top-producer   InvestHER Community Our mission is to support and inspire women real estate investors around the globe to live a financially free and balanced life. We are dedicated to creating empowering online and in person communities where women have a non-intimidating environment to ask questions and receive the support they need. Our vision is to see all woman investors achieve her financial freedom goals on her own terms. How To Join the InvestHER Movement   1)  The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves.    Subscribe via Itunes  Subscribe via Android  Subscribe via Stitcher 2)  InvestHER Community on Facebook  We have 2k+ members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals!   3) InvestHER Meetups Around the Globe We have over 4k+ meetup members attending close to 25 InvestHER Meetups across the country and Canada.  Meetups are being held monthly by experienced InvestHER Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Leader HERE! Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvesther
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Apr 9, 2021 • 16min

MINISODE How to Quickly Evaluate a Syndication

When evaluating a syndication opportunity, there are many factors you need to consider. Does the sponsor have a strong team? Is the property in a growing market? In today’s minisode, Liz shares a step-by-step process for how to quickly evaluate and vet a syndication deal. As a result of today’s minisode, Liz and Andresa encourage all InvestHERs to take one thing they learned from today’s minisode and implement it in the next 24 hours! We are so excited to share that we are hosting a free 3 day live event called the Top Producer Challenge!  This is specifically for real estate agents who are looking to take their biz to the next level!  Our speakers are top producing real estate agents and some of the best in the business.  You will learn how to find hidden inventory and win bidding wars!  You will also learn how to build a profitable biz without buying leads and how to stand out with sellers to win listings in a crowded market.  We have invited the best in the biz to share their success strategies with you!  So come join us for this FREE EVENT on April 27th, 28th and 29th at 7 pm EST….  REGISTER HERE - https://www.therealestateinvesther.com/top-producer In The Only Woman in the Room, 20 incredible women share how they were able to achieve financial freedom in a world historically dominated by men. From residential to commercial, this book is packed full of knowledge and inspiration on all facets regardless of where one is in their real estate investing journey. Our passion behind this book is to help women secure a financially strong future especially during these unprecedented and uncertain times.    The early reviews for The Only Woman in the Room - Knowledge and Inspiration from 20 Successful Real Estate Women Investors have been amazing!    “Throughout my career there were multiple occasions where I have stood as the only woman in the room.  This powerful book is a must read and I only wish it had been available early on in my career!”  -Barbara Corcoran  Founder of The Corcoran Group  You will learn TONS of tips, strategies and “hacks” to implement immediately in the following areas:  Creatively finding and financing deals Getting started  Scaling a multifamily portfolio Raising private capital Marketing Construction Management  And Much More!!   BUY THE BOOK NOW! https://therealestateinvesther.mykajabi.com/book InvestHER Community Our mission is to support and inspire women real estate investors around the globe to live a financially free and balanced life. We are dedicated to creating empowering online and in person communities where women have a non-intimidating environment to ask questions and receive the support they need. Our vision is to see all woman investors achieve her financial freedom goals on her own terms.   How To Join the InvestHER Movement   1)  The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves.    Subscribe via Itunes  Subscribe via Android  Subscribe via Stitcher     2)  InvestHER Community on Facebook  We have 2k+ members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals!   3) InvestHER Meetups Around the Globe We have over 4k+ meetup members attending close to 25 InvestHER Meetups across the country and Canada.  Meetups are being held monthly by experienced InvestHER Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Leader HERE! Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvesther
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Apr 2, 2021 • 56min

How She Has Thrived with Resort Investing During COVID-19 with Melanie McCallen

Investing in resorts during a pandemic can be a great opportunity. On today’s episode, we talk with Melanie McCallen, investor and business owner, about how she pivoted her resort business to thrive during COVID-19. With a global pandemic in place, investing in resorts doesn’t seem to be the best decision but today’s guest shares how it is a great opportunity. We discuss with Melanie how she got started in resort investing, how she utilizes the BRRRR method in her business, the team needed to be successful in hospitality, and the key decisions made to ensure success during Covid-19. Melanie also shares with us the mindset needed to reach your goals and the importance of creating a final vision to work towards. Melanie brings her heart to all she does. In her current role as Partner and CCO (Chief Creative Officer) for VIVAMEE Hospitality, she and her team lead all design and development for the rapidly expanding VIVAMEE resort brand. Together they have completely re-envisioned more than 100,000 square feet of interior space and are currently developing over 400 acres. With every aesthetic choice Melanie makes in the redesigning of our properties she keeps the mission of VIVAMEE close at heart. This mission, to Revive the Soul, is very dear to her. She realizes the power it has to affect our guest’s experience at the resort. Melanie envisions every VIVAMEE property as a transformative space where every element works together to enkindle an authentic reviving of a person’s soul. As a Co-Founder of Accountable Equity, Melanie is passionate about making ownership of real estate (even resort real estate) possible for everyone. Her experience in real estate investing began with her first home. In 1998, she was one of the original “House Hackers”. Melanie loves being a wife and mother of 10 children (no twins). Married to Josh McCallen for 24 years while raising her 10 children and trying to foster a culture of love at home. On today’s episode, we discuss a ton with Melanie including: How to pivot your business and thrive Red flags when analyzing resort type properties The importance of having a strong core of people on your team and what those positions are Decisions made to make 2021 their best revenue year yet Why communication is key in any business Books/Resources Vivid Vision by Cameron Herold Contact Information https://accountableequity.com/   Is This a Good Time to Invest in the Hospitality Industry?  Join us on April 13th, 7 pm EST, where Liz will be interviewing two of her partners, Melanie and Josh McCallen, Co-Founders of Vivamee Hospitality to discuss the following: 1)      How has the resort and hospitality industry been affected by COVID? 2)      How has her company and resorts positioned themselves during COVID? 3)      What investors can learn from their team to apply in their own investing business?  4)      What upcoming investment opportunities does their team have currently available?   On this webinar, Josh and Melanie will also be presenting specifics on an investment fund they have available currently called H3. This is a 506(c) offering available for Accredited Investors only. For full disclosure, The Real Estate InvestHER is a partner in this project.  Melanie and her team lead all design and development for the rapidly expanding VIVAMEE resort brand. Together they have completely re-envisioned more than 100,000 square feet of interior space of Renault Winery located in New Jersey and are currently developing over 400 acres. She is also co-founder of Accountable Equity and is passionate about making ownership of real estate (even resort real estate) possible for everyone.  REGISTRATION LINK - https://us02web.zoom.us/webinar/register/WN_rkvJP-YeThiADEZHodSJ9A   In The Only Woman in the Room, 20 incredible women share how they were able to achieve financial freedom in a world historically dominated by men. From residential to commercial, this book is packed full of knowledge and inspiration on all facets regardless of where one is in their real estate investing journey. Our passion behind this book is to help women secure a financially strong future especially during these unprecedented and uncertain times.    The early reviews for The Only Woman in the Room - Knowledge and Inspiration from 20 Successful Real Estate Women Investors have been amazing!    “Throughout my career there were multiple occasions where I have stood as the only woman in the room.  This powerful book is a must read and I only wish it had been available early on in my career!”  -Barbara Corcoran  Founder of The Corcoran Group  You will learn TONS of tips, strategies and “hacks” to implement immediately in the following areas:  Creatively finding and financing deals Getting started  Scaling a multifamily portfolio Raising private capital Marketing Construction Management  And Much More!!   BUY THE BOOK NOW! https://therealestateinvesther.mykajabi.com/book InvestHER Community Our mission is to support and inspire women real estate investors around the globe to live a financially free and balanced life. We are dedicated to creating empowering online and in person communities where women have a non-intimidating environment to ask questions and receive the support they need. Our vision is to see all woman investors achieve her financial freedom goals on her own terms. How To Join the InvestHER Movement   1)  The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves.    Subscribe via Itunes  Subscribe via Android  Subscribe via Stitcher 2)  InvestHER Community on Facebook  We have 2k+ members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals!   3) InvestHER Meetups Around the Globe We have over 4k+ meetup members attending close to 25 InvestHER Meetups across the country and Canada.  Meetups are being held monthly by experienced InvestHER Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Leader HERE! Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvesther

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