The Real Estate InvestHER Podcast

Latest Episodes:

Probate Investing Unveiled with Sharon Vornholt Jun 05, 2020

Show notes

Probate real estate is a unique investing strategy and requires a certain type of investor to close a deal but once you understand the process, it can be a great way to build your portfolio. We are excited to sit down with Sharon Vornholt, investor and educator, to discuss the lessons she’s learned during her 20+ year investing career and the ins and outs of probate investing. We cover so much with Sharon like how she got started investing in probate deals, how she had to completely change her business model during the 2008 recession, and the skills you need to speak with sellers who just lost a loved one. We also delve into the specific marketing strategy needed for this type of niche and the four pieces of information needed in a good lead. Sharon is truly an expert in this niche and offers up a ton of great tips to succeed. Sharon Vornholt is the owner of Innovative Property Solutions in Louisville, KY. She owned and operated a successful home inspection business for 17 years, while also investing part-time for over a decade. Sharon was originally a rehabber and a buy and hold landlord. When the market crashed in 2008, she became an “accidental wholesaler. Sharon has purchased more than 100 properties. Today her passion is in teaching others how to stand out in a crowded field. Sharon is best known as a marketing and branding expert for real estate investors, and for her expertise in probate investing. She has helped hundreds of people refine their brand and create customized marketing plans that work. Sharon is also the go-to person if you want to know how to succeed in the probate niche. Sharon is the creator of the Louisville Gals Real Estate Blog, the popular podcast “Let’s Talk Real Estate Investing”, and her course Probate Investing Simplified. Sharon hosts several live events each year and is a regular speaker at other events across the country. On today’s episode, we discuss a ton with Sharon, including: What is probate investing and how it can be a powerful strategy How to shift your marketing to become successful in probate Tips on how to speak with sellers to land a deal What not to do when following a probate lead Specific steps for how to find deals in your own area Books/Resources Clock Work: Design Your Business to Run Itself by Mike Michalowicz The Pumpkin Plan by Mike Michalowicz Freebie – Probate Investing Starter Kit Probate Investing Simplified Contact Information Louisville Gals Real Estate Blog Let’s Talk Real Estate Investing We are so beyond EXCITED to share that we are hosting the first ever Real Estate InvestHER® Summit on Friday, June 12th! We are bringing together KICK ASS InvestHERs to share their knowledge and experience to help you take your real estate investing to the NEXT level! You will learn how to creatively finance deals, construction strategies, how to improve your biz, how create balance in your life NOW and MUCH more!! Click here to save your seat! Looking for Funding? Ladies, you need to check out Fund That Flip! We are excited to tell you about Fund That Flip, a company we are very proud to call our sponsor. Fund That Flip is the leading provider of fast, convenient, affordable capital for experienced real estate investors who buy and rehabilitate residential properties. To date, they have helped hundreds of real estate investors grow their businesses by funding thousands of deals. You deal directly with them, getting your deal funded in as few as 10 days. 85% of their customers come back to do more business with them because of their dedication to exceptional service. It’s why they were named No. 42 of Inc.’s fastest-growing companies in America. What do they fund? Fix-and-flip New construction Buy and Hold Properties Cash-out refinance projects from 1-4 units Real Estate InvestHERs, Get $500 towards your next closing! Check them out by visiting – www.fundthatflip.com/investher 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

Buying Off Market Deals with Creative Financing with Mercedes Torres May 29, 2020

Show notes

Having little money and poor credit doesn’t mean you can’t invest in real estate; it just means you’ll have to be creative. We are excited to sit down with Mercedes Torres, investor and businesswomen, to discuss how she escaped the rat race and completed over 2000+ real estate transactions. We cover so much with Mercedes like how to analyze trends and market conditions, how to create win-wins for both the buyer and the seller, and the biggest lesson she learned from one of her largest failures. Mercedes also shares with us her tried and true letter of intent for off market deals. In her very first two years in the world of Real Estate, Mercedes Torres flipped 24 properties. Now, she has 2000+ real estate transactions to her name. She’s appeared on the A&E show Flip That House, graduated from UCLA — and is currently divulging all her life’s lessons and real estate savvy to her friends, followers, clients, and connections. If you see her on the town, she’ll be sipping a spicy margarita while dreaming up that next big deal. “Family first, then financial freedom” I’ve heard her say. And she does more than speak those words, she lives by them. In the real estate world, Mercedes is known as a fierce and relentless Latin leader that lives a fully focused and mindful life. She knows how to ‘step away’ from work when she’s with the fam. And at work, she uncovers solutions that deliver wins for everybody — wins that create lasting relationships built around more than just table talk. She loves nothing more than taking someone from “this isn’t possible” to “finally, I’ve escaped the rat race”. Catch her live every Tuesday on the Epic Real Estate Investing Podcast. She is the Co-Founder & Vice President of CashFlow Savvy. Co-Founder of Epic Real Estate. A lover of life. Relentless. Passionate. Inspiring. Committed. Wife. Mother. Tycoon. On today’s episode, we discuss a ton with Mercedes, including: The importance of portfolio diversification The power of teams to grow a portfolio The best way to talk with off market sellers How she learns from her mistakes How to cultivate the confidence to close any real estate deal Books/Resources Think and Grow Rich by Napoleon Hill Contact Information Cashflowsavvy.com Epicrealestate.com mercedes@epicrealestate.com We are so beyond EXCITED to share that we are hosting the first ever Real Estate InvestHER® Summit on Friday, June 12th! We are bringing together KICK ASS InvestHERs to share their knowledge and experience to help you take your real estate investing to the NEXT level! You will learn how to creatively finance deals, construction strategies, how to improve your biz, how create balance in your life NOW and MUCH more!! Click here to save your seat! Looking for Funding? Ladies, you need to check out Fund That Flip! We are excited to tell you about Fund That Flip, a company we are very proud to call our sponsor. Fund That Flip is the leading provider of fast, convenient, affordable capital for experienced real estate investors who buy and rehabilitate residential properties. To date, they have helped hundreds of real estate investors grow their businesses by funding thousands of deals. You deal directly with them, getting your deal funded in as few as 10 days. 85% of their customers come back to do more business with them because of their dedication to exceptional service. It’s why they were named No. 42 of Inc.’s fastest-growing companies in America. What do they fund? Fix-and-flip New construction Buy and Hold Properties Cash-out refinance projects from 1-4 units Real Estate InvestHERs, Get $500 towards your next closing! Check them out by visiting – www.fundthatflip.com/investher 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

Student Loan Payoff Strategies and Becoming Race Sharp with Lauryn Williams May 22, 2020

Show notes

Pay off debt first or invest in real estate? That’s a question we discuss with today’s guest! We are excited to sit down with Lauryn Williams, four-time Olympian, student loan advisor, and certified financial planner, to discuss how you can strategically deal with student loan debt and still invest in real estate and achieve your goals. Lauryn takes the skills learned from her road to gold and applies them to building financial wealth and running her business. We cover so much with Lauryn like student loan payoff strategies, how to break bad habits that limit your success, and the power of being intentional with the way you speak about budgeting and your goals. Lauryn also delves into finance and budgeting apps that help track spending and automate your savings. Lauryn Williams is a CFP® and student loan advisor at Student Loan Planner. To date, Student Loan Planner has consulted on over half a billion in student debt. Prior to joining the SLP team, Lauryn was a four-time Olympian athlete and three-time Olympic medalist. Lauryn owns a financial firm called Worth While and is the host of the Worth Listening podcast. Lauryn has been featured in Journey to Launch, Paychecks & Balances, Financial Grownup, the Student Loan Planner podcast, Trailblazers.FM, Work Your Wealth, and Hope Sports to name a few. On today’s episode, we discuss a ton with Lauryn, including: – Which student loan payoff strategy is best for you – The three skills needed to run a successful business – How much money should be in your emergency and financial freedom funds – The importance of time-block your schedule – How to invest in real estate with student loan debt Books/Resources Your Money or Your Life by Vicki Robin and Joe Dominguez Mint You Need a Budget Contact Information StudentLoanPlanner.com Worth-Winning.com Worth Listening Podcast We are so beyond EXCITED to share that we are hosting the first ever Real Estate InvestHER® Summit on Friday, June 12th! We are bringing together KICK ASS InvestHERs to share their knowledge and experience to help you take your real estate investing to the NEXT level! You will learn how to creatively finance deals, construction strategies, how to improve your biz, how create balance in your life NOW and MUCH more!! Click here to save your seat! Looking for Funding? Ladies, you need to check out Fund That Flip! We are excited to tell you about Fund That Flip, a company we are very proud to call our sponsor. Fund That Flip is the leading provider of fast, convenient, affordable capital for experienced real estate investors who buy and rehabilitate residential properties. To date, they have helped hundreds of real estate investors grow their businesses by funding thousands of deals. You deal directly with them, getting your deal funded in as few as 10 days. 85% of their customers come back to do more business with them because of their dedication to exceptional service. It’s why they were named No. 42 of Inc.’s fastest-growing companies in America. What do they fund? · Fix-and-flip · New construction · Buy and Hold Properties · Cash-out refinance projects from 1-4 units Real Estate InvestHERs, Get $500 towards your next closing! Check them out by visiting – www.fundthatflip.com/investher 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

Paying Off Over Half a Million Dollars in Debt by House Hacking and Using the BRRR Strategy with Megan Lamke May 15, 2020

Show notes

Investing in apartment syndications may seem out of reach when you’re deep in debt, but today’s guest shows us the power of real estate on her journey to financial independence. We are excited to sit down with Megan Lamke on this week’s episode! Megan started with over a half a million dollars in debt between her and her husband and through years of determination and sacrifice, was able to become debt free. She did this by house hacking, utilizing the BRRR strategy, and snowballing their debt. After creating a financial foundation, Megan began pursuing multifamily real estate syndications both passively and as a general partner. She shares with us how she is able to do it full time and what she looks for in a great deal. We cover so much with Megan like how she was able to become debt free and what motivated her to live a debt free life, the mistakes one should avoid when tackling debt, and how she transitioned from house hacking to apartment syndications. Megan also shares her daily executable tasks to find investing opportunities. Megan started in the real estate industry working for Wells Fargo in 2008 during the refinance boom for investors. While working full-time climbing the corporate ladder, Megan began house hacking and started implementing the Buy, Renovate, Rent and Refinance (BRRR) strategy in 2011. After working for several fast-growing technology companies, Megan started leveraging her sales and marketing skills to grow a local property management company. That lead Megan to get her real estate license in 2016 and start passively in multifamily real estate syndications. Megan was passionate about becoming 100% debt-free and F.I.R.E. before the age of 35. Together with her husband, they paid off $535,000 in debt including their house in 4 years and 10 months. Now Megan is a licensed realtor in the state of Minnesota and pursues multifamily real estate syndications full-time. On today’s episode, we discuss a ton with Megan, including: How her parent’s bankruptcy lead to her debt free dreams How to get started in apartment syndications Systems you need in place to invest out of state successfully Specific actions she takes to find deals and her buying criteria The morning routine that sets her up for a productive day Books/Resources Michael Blank Deal Analyzer Miracle Morning by Hal Elrod The Challenging Sale The Real Estate InvestHER Meetup- Minneapolis, MN Contact Information MeganLamke.com Instagram – @meganlamke LinkedIn – Megan Lamke Looking for Funding? Ladies, you need to check out Fund That Flip! We are excited to tell you about Fund That Flip, a company we are very proud to call our sponsor. Fund That Flip is the leading provider of fast, convenient, affordable capital for experienced real estate investors who buy and rehabilitate residential properties. To date, they have helped hundreds of real estate investors grow their businesses by funding thousands of deals. You deal directly with them, getting your deal funded in as few as 10 days. 85% of their customers come back to do more business with them because of their dedication to exceptional service. It’s why they were named No. 42 of Inc.’s fastest-growing companies in America. What do they fund? Fix-and-flip New construction Buy and Hold Properties Cash-out refinance projects from 1-4 units Real Estate InvestHERs, Get $500 towards your next closing! Check them out by visiting – www.fundthatflip.com/investher 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

Why Self-Storage Investing and Why NOW? May 08, 2020

Show notes

Recession proof asset classes might not exist but there are certainly benefits in some over others during markets like we’re experiencing today. We are excited to sit down with Corinn Altomare, investor and musician, on this week’s episode! Corinn began investing in small multifamily properties to give her the financial foundation needed to pursue her true passion, music. After expanding her portfolio through syndications, she ultimately made a strategic pivot into self-storage given its most alluring aspect of being recession resistant. She now owns and controls over $9 million in real estate. We cover so much with Corinn like the benefits of self-storage during not only a market downturn, but also during an upswing, how to best transition between asset classes, and what to look for in a self-storage facility. Corinn also shares the one thing she would have done differently when first starting out. Corinn Altomare is a classically trained musician turned real estate investor. During her professional career as an opera singer, she performed a diverse range of repertoire spanning the baroque period to contemporary, from pop-up locations in city centers to reverent chapels nestled within European country sides. After 13 years as a vagabond musician, however, Corinn was ready for a new challenge. She found this-ultimately-in real estate. Corinn comes from entrepreneurial parents-her mother founded and ran a Montessori preschool; her father a family and financial planning law practice. Her youngest childhood memories are of accompanying them on daily operations. This early exposure served Corinn well as she pivoted to the realm of IT project management for 5 years. This time was marked by continual growth, training, and development in a world completely different from her previous artistic and entrepreneurial ones. Corinn’s next career shift was into real estate investing. As an individual investor, she acquired a triplex in the Francisville neighborhood of Philadelphia. This purchase was followed closely by multiple others within a few very busy years, acquired through syndication with-at first-close friends and family. She jumped into her new roles of owner and property manager across a quickly-growing portfolio. She started her company, Hearthfire Holdings, with her now-husband and business partner. While only dating at the time, after navigating a few investment property purchases, landlording, and hands-on repairs and maintenance together, they knew a formal partnership-in life and business-was in order. Hearthfire Holdings made a strategic pivot into self-storage after 7 years in residential real estate. This decision was made largely upon the assessment of an overheated, overextended market high, and the recognition of an inevitable downward correction. This move turned out to be made just in time, given the impact of COVID-19 on our global economy in 1Q2020. Pre-planning for this shift started in 2017, and Hearthfire Holdings sold off smaller syndications 4Q2018-1Q2019, delivering investor returns of 23-24% IRR. Funds from these sales were consolidated into a successful acquisition of a 35,000 NRSQFT self-storage facility in Lancaster County, PA, in 3Q2019. Hearthfire Holdings maintains a portfolio of commercial and residential multifamily properties in the Philadelphia MSA, which with their self-storage facility represents a total portfolio valuing $9M. On today’s episode, we discuss a ton with Corinn, including: - The importance of studying a market when investing in self-storage - The differences between self-storage and other assets classes - How to present yourself to sellers to give yourself the edge over other offers - How the current Corona Virus epidemic is affecting her portfolio and self-storage in general - The complications that come with over structuring your partnerships Want to hear more from Corinn? Join in as she speaks at our upcoming Newtown Square InvestHER meetup on May 27, 2020! Books/Resources Atlas Shrugged & The Fountainhead The Holy Bible The Real Estate InvestHER Meetup- Philadelphia, PA Contact Information Facebook- Hearthfire Holdings Facebook- Corinn Altomare Instagram- Hearthfire Holdings Hearthfire Holdings website Looking for Funding? Ladies, you need to check out Fund That Flip! We are excited to tell you about Fund That Flip, a company we are very proud to call our sponsor. Fund That Flip is the leading provider of fast, convenient, affordable capital for experienced real estate investors who buy and rehabilitate residential properties. To date, they have helped hundreds of real estate investors grow their businesses by funding thousands of deals. You deal directly with them, getting your deal funded in as few as 10 days. 85% of their customers come back to do more business with them because of their dedication to exceptional service. It’s why they were named No. 42 of Inc.’s fastest-growing companies in America. What do they fund? · Fix-and-flip · New construction · Buy and Hold Properties · Cash-out refinance projects from 1-4 units Real Estate InvestHERs, Get $500 towards your next closing! Check them out by visiting – www.fundthatflip.com/investher 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

(Minisode) How to Outsmart Your Brain During Hard Times May 01, 2020

Show notes

With the uncertainty and stress in our current environment, it’s important to have a strong and solid mindset and keep ourselves sane. On today’s minisode, Liz and Andresa share a list of tips and tricks to outsmart your brain and put yourself in a better position to thrive. 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! Resources @TanksGoodNews on Instagram The 5 Second Rule by Mel Robbins Looking for Funding? Ladies, you need to check out Fund That Flip! We are excited to tell you about Fund That Flip, a company we are very proud to call our sponsor. Fund That Flip is the leading provider of fast, convenient, affordable capital for experienced real estate investors who buy and rehabilitate residential properties. To date, they have helped hundreds of real estate investors grow their businesses by funding thousands of deals. You deal directly with them, getting your deal funded in as few as 10 days. 85% of their customers come back to do more business with them because of their dedication to exceptional service. It’s why they were named No. 42 of Inc.’s fastest-growing companies in America. What do they fund? · Fix-and-flip · New construction · Buy and Hold Properties · Cash-out refinance projects from 1-4 units Real Estate InvestHERs, Get $500 towards your next closing! Check them out by visiting – www.fundthatflip.com/investher 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

Why You Should be Outsourcing to VAs to Grow Your Business Apr 24, 2020

Show notes

As investors and entrepreneurs, it’s easy to get stuck working in your business rather than on it. We are excited to sit down with Gwenn Aspen, investor and businesswoman, on this week’s episode! Gwenn started investing in her early 20s and quickly realized that processes and procedures are crucial in order to scale your business and take ownership over your company. It was then that she started outsourcing property management tasks to virtual assistants and soon created a property management support company with her husband. We cover so much with Gwenn like when to use a VA and when not to, how to find, train and work with virtual assistants and what to look for in a VA sourcing company. Gwenn also shares actional steps for creating Standard Operating Procedures for your business and how she’s able to balance it all. Gwenn Aspen is the president of Anequim LLC and Rent Manager Call Center. Gwenn previously was the quality assurance manager at Wistar Group in Omaha, Nebraska which manages > 1,200 doors. Anequim helps property management companies’ source and manage remote labor from Mexico as well as helps Rent Manager clients with 24/7 maintenance support and dispatch, leasing and call overflow through the Rent Manager Call Center. Gwenn has a background in the healthcare industry and is a graduate of the University of Michigan. On today’s episode, we discuss a ton with Gwenn, including: - The importance of working on your business instead of in it - Why you can’t afford not to invest time in creating SOPs - How to scale and grow your business utilizing virtual assistants - How to mitigate the risk of internal fraud in your company - The soft skills needed to manage VAs and nurture the relationship and workflow Books/Resources Rich Dad Poor Dad by Robert Kiyosaki Spent: Sex, Evolution, and Consumer Behavior by Geoffrey Miller Traction by Gino Wickman Contact Information Facebook- Gwenn W. Aspen Anequim.net Looking for Funding? Ladies, you need to check out Fund That Flip! We are excited to tell you about Fund That Flip, a company we are very proud to call our sponsor. Fund That Flip is the leading provider of fast, convenient, affordable capital for experienced real estate investors who buy and rehabilitate residential properties. To date, they have helped hundreds of real estate investors grow their businesses by funding thousands of deals. You deal directly with them, getting your deal funded in as few as 10 days. 85% of their customers come back to do more business with them because of their dedication to exceptional service. It’s why they were named No. 42 of Inc.’s fastest-growing companies in America. What do they fund? · Fix-and-flip · New construction · Buy and Hold Properties · Cash-out refinance projects from 1-4 units Real Estate InvestHERs, Get $500 towards your next closing! Check them out by visiting – www.fundthatflip.com/investher 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

Finding and Vetting a Lender to Advocate for You and Your Business with Nicole Rueth Apr 17, 2020

Show notes

When investing in real estate, it’s important to act with intention by focusing on the end goal. We are excited to sit down with Nicole Rueth, the number one loan originator in Colorado and buy and hold investor, on this week’s episode! Nicole started investing in her early 40s while a wife, mother of three, and working full time. She has since intentionally grown her portfolio to 23 units in the Denver area. We cover so much with Nicole like how to analyze economic trends to better understand the market, why it’s important to find and vet a mortgage lender to suit your needs, and how to choose between a 15- or 30-year loan to best match your business model. Nicole has a very specific plan in place to achieve her goals and she shares with us how to focus on a model that will efficiently get you there. Nicole runs a successful brokerage business, is a mother to three amazing children, and is in a beautiful marriage all while building her portfolio to 23 units. But it didn’t start out that way. Growing up with a single mother, on food stamps, and moving often, Nicole spent a lot of time as a young adult trying to figure out who she was. Along the journey, she invested in the traditional markets and lost during each downturn. Though, she was able to recover through real estate. She doesn’t speculate or flip, she buys based on her strict rules and holds for long term appreciation and rental income. She now spends her days sharing everything she’s learned because for her, real estate is stability, security, and multi-generational. On today’s episode, we discuss a ton with Nicole, including: – How a solid education can help find a good deal in any market – How to find and vet a lender that will advocate for you and your business – Why you should focus on the end goal and design a business model to get you there – Ways you can narrow down your search criteria by understanding tenants wants and needs – The value in having a partnership where you both complement each other Books/Resources YouTube – The Rueth Team Book – Start with Why by Simon Sineck Contact Information www.TheRuethTeam.com Fairway Mortgage Looking for Funding? Ladies, you need to check out Fund That Flip! We are excited to tell you about Fund That Flip, a company we are very proud to call our sponsor. Fund That Flip is the leading provider of fast, convenient, affordable capital for experienced real estate investors who buy and rehabilitate residential properties. To date, they have helped hundreds of real estate investors grow their businesses by funding thousands of deals. You deal directly with them, getting your deal funded in as few as 10 days. 85% of their customers come back to do more business with them because of their dedication to exceptional service. It’s why they were named No. 42 of Inc.’s fastest-growing companies in America. What do they fund? · Fix-and-flip · New construction · Buy and Hold Properties · Cash-out refinance projects from 1-4 units Real Estate InvestHERs, Get $500 towards your next closing! Check them out by visiting – www.fundthatflip.com/investher 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

Creating Financial Freedom from Multifamily to Single Family with Liz Carroll Apr 10, 2020

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In real estate investing, having more units doesn’t always mean more cash flow. On today’s episode, we talk with Liz Carroll about her intentional journey to financial independence through debt free real estate investing. We discuss the debt free mentality, the importance of matching your investing strategy with your lifestyle, and why she focuses on manufactured homes. Liz also shares the one question you should ask yourself every time you make a decision. Liz Carroll and her husband Dan are debt free real estate investors located on the Oregon Coast. They’ve built a multi-million-dollar portfolio in the last six years of 14 single family manufactured homes and a four-plex. They focus solving the long-term workforce housing crisis in their county. It’s a win for all: the tenants, the employers, the county, the neighborhoods and themselves. Liz is a Certified Financial Coach from Ramsey Solutions, a Certified Life Coach from The Life Coach School and a 200-RYT Yoga & Meditation Instructor from The Purna Yoga College. She combines strong money and life skills with mindfulness in her coaching business, Mindful Money Coaches. She is the creator of the 30-Day Mindful Money Transformation. She and Dan live in the county they serve. Their adult children visit regularly. Liz and Dan bought their first rental house after 3 months of marriage. Liz was 22. They stepped back from real estate investing for a few years while their children were small and they were focused on our corporate careers. On today’s episode, we discuss a ton with Liz, including: – Switching from leveraged investing to all cash buying – The power of asking what you want your future to look like and mapping it out – Stepping back in your investing journey to better align with your lifestyle – How to manage your mind so you can build wealth – The importance of intentional decision making Books/Resources Already Free by Tami Simon Financial Peace by Dave Ramsey Total Money Makeover by Dave Ramsey The Soul of Money by Lynne Twist Free Gift Free Coaching Consultation Contact Information liz@mindfulmoneycoaches.com www.mindfulmoneycoaches.com MindfulMoneyCoaches – Instagram Looking for Funding? Ladies, you need to check out Fund That Flip! We are excited to tell you about Fund That Flip, a company we are very proud to call our sponsor. Fund That Flip is the leading provider of fast, convenient, affordable capital for experienced real estate investors who buy and rehabilitate residential properties. To date, they have helped hundreds of real estate investors grow their businesses by funding thousands of deals. You deal directly with them, getting your deal funded in as few as 10 days. 85% of their customers come back to do more business with them because of their dedication to exceptional service. It’s why they were named No. 42 of Inc.’s fastest-growing companies in America. What do they fund? · Fix-and-flip · New construction · Buy and Hold Properties · Cash-out refinance projects from 1-4 units Real Estate InvestHERs, Get $500 towards your next closing! Check them out by visiting – www.fundthatflip.com/investher 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!

The Psychology and Strategies for Dealing with Today’s Economic Climate Apr 03, 2020

Show notes

With swift shifts is the real estate market and economy, it’s time to sharpen your axe. On today’s episode, we talk with Monick Halm, investor and educator, about the lessons she learned during the last economic downturn and the actions you can take now to best position your investments during this epidemic. We discuss the true meaning of the word “crisis” and how you can poise yourself to take control of your life and the opportunities in front of you by flipping your focus and moving against the crowd. Monick also shares her loss mitigation strategy and how to provide resources to your tenants and serve them in a time of need. Monick Halm is an educator and advocate for women to create passive income streams through real estate investing. Her mission is to assist 1 million women to achieve financial freedom through real estate. She is the founder of Real Estate Investor Goddesses and is herself a real estate investor and syndicator with over 14 years of real estate investing experience in multi-family, mobile home and RV parks, flipping, commercial, vacation rentals, and ground-up development. Together with her husband and her investors, she owns over1300 rental units across 6 states. She is the #1 bestselling author of The Real Estate Investor Goddess Handbook and Wealth for Women: Conversations with the Team That Creates the Dream, and host of the Real Estate Investor Goddesses Podcast. She is also a Real Estate Strategy Mentor, keynote speaker, recovering attorney, certified interior designer, avid world traveler, wife and mother of three amazing kids. On today’s episode, we discuss a ton with Monick, including: How real estate saved her during the last downturn when she was pregnant and unemployed How to shift your mindset during times of uncertainty Her biggest investing mistakes and lessons learned The importance of lifelong education Actions you can take now to hit the ground running when opportunities arise Books/Resources Already Free: Buddhism Meets Psychotherapy on the Path of Liberation The Game of Life and How to Play It (Prosperity Classic) Real Estate Investor Goddesses Podcast Real Estate Investor Goddess Handbook; Wealth for Women: Conversations with the Team that Creates the Dream Viral Marketing and How to Craft Contagious Content by Jonah Berger FREE GIFT The Real Estate Success Blueprint: 7 Crucial Steps to Be a Successful Real Estate Investor. Contact Information RealEstateInvestorGoddesses.com Real Estate Investor Goddesses Facebook Real Estate Investor Goddesses Twitter Real Estate Investor Goddesses Instagram How to Survive & Thrive Through Real Estate Virtual Summit: The Strategy and Psychology to Be Successful in this Economic Climate: It’s happening April 7-9. For this summit, we brought 12 extraordinary women ( experts in money mindset, economic forecasting, real estate tax strategies, and in asset classes poised to do well in a recessionary environment) to share with you the exact strategies and mindset you need to get on the others side of this economic storm better than ever. You’ll learn: How to find the great opportunities that exist in real estate for this market How to psych yourself up so you’ll be able to move forward with confidence and take advantage of them What real estate investment opportunities to stay away from too Register for the summit here! Looking for Funding? Ladies, you need to check out Fund That Flip! We are excited to tell you about Fund That Flip, a company we are very proud to call our sponsor. Fund That Flip is the leading provider of fast, convenient, affordable capital for experienced real estate investors who buy and rehabilitate residential properties. To date, they have helped hundreds of real estate investors grow their businesses by funding thousands of deals. You deal directly with them, getting your deal funded in as few as 10 days. 85% of their customers come back to do more business with them because of their dedication to exceptional service. It’s why they were named No. 42 of Inc.’s fastest-growing companies in America. What do they fund? · Fix-and-flip · New construction · Buy and Hold Properties · Cash-out refinance projects from 1-4 units Real Estate InvestHERs, Get $500 towards your next closing! Check them out by visiting – www.fundthatflip.com/investher 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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