Motivation Monday

"Get comfortable with feeling challenged. That means you are growing."

— Boss Babe.

Growth can feel overwhelming, stressful, and sometimes even scary. That’s where we come in. We are here to remind you that you are not alone. When you’re a REI Goddess you have the support of tons of incredible women who are here to cheer you on every step of the way. So when you feel the effects of your growth, both the good and the bad, know that we are here to lift you up or celebrate with you.

Continue Reading...

6 Sources of Funding For Your Real Estate Investing

There are many different ways to finance a property. It’s important to get the right one for you because without the right financing your investment might soon be underwater.

“We’ve been taught to think of debt as a four-letter word, but it doesn’t have to be. Especially once you have the financial education to see how it can work for you instead of against you.” ~ Robert Kiyosaki, author of Rich Dad, Poor Dad.

As the quote above suggests, debt financing for real estate investment can make a lot of sense and really work for you.

When you get a loan from the bank, you can purchase a real estate investment property with only a small percentage out of pocket (usually from 3.5% to 20% down). You can then rent out that property and the tenant pays the cost of the debt while also putting money in your pocket.

It is important to learn about the different types of loans available - commercial or residential and how you can take advantage of these.

It is...

Continue Reading...

How To Find Your Money Making Market?

 

Investing in a money-making market is KEY to ensuring that your investment is cash-flowing for a long period of time.

Whether or not your property will make money has almost everything to do with its location. So how do you find the right market and submarket that will allow you to profit with your real estate investments? Here are 7 factors that I look for before I invest to make sure it'll be a worthy investment:

 

1. Landlord & Biz-Friendly

Remember when you have rental property, you are a landlord & you are a business. Laws & policies that favor landlords & businesses will make a big difference in your ability to profit.

 

2. Low to Medium Housing Costs

The next factor in a good investment property market is to have a low-to-medium cost of housing.

The cost of housing is important because (a) it will determine your ease in being able to enter the market (the more expensive a market, the harder it will be for you to purchase there), and (b) you...

Continue Reading...

Real Estate Investing Is Not One Size Fits At All

 

There are a lot of different ways of investing in real estate! You can be an active investor or a passive investor, you can invest in homes, apartment buildings, land, notes, hotels, industrial, and more. There are so many options!

That's what I love about our REI Goddesses community- women are investing in many different ways, in many different locations, and you can see all of these women CRUSHING it in real estate - all shapes, sizes, ethnicities, ages, marital statuses, etc. It is SO inspiring!

You need to create a plan that will work for you. If you’re making a blueprint for a building, the blueprint will be very different if the building is going to be a 2-bedroom house or a 100-story skyscraper.

If you have the wrong plan, you’re not going to make the right investment decisions for you and your goals. This could result in you losing money or not having your money available to you when you need it.

A true Story About A Real Estate Investor Goddess

Jenny came...

Continue Reading...

3 Mistakes I Made In My First Year As A Multi-Family Real Estate Investor

 

My husband and I decided we wanted to get into multi-family real estate investment because we wanted to be able to have some passive cash flow, build up some equity, and leave a legacy for our kids.

We started looking and asked our real estate agent to help us.

The real estate agent that had helped us get our single-family house knew nothing about investment property. Though she tried her best, she really was completely ignorant about what we needed to look for, and alas, mostly so were we.

The commercial brokers who could have helped us were not interested in speaking to "small fries" who had no real experience in multi-family investing.

We were looking for a fourplex in Los Angeles where we live, and the prices were unbelievably high. It was really hard to find a deal where (a) we could even afford it and (b) where we'd be making any money.

I was incredibly frustrated and eventually despaired that we'd ever find anything.

Then, fate stepped in, as it often does when you're...

Continue Reading...

Motivation Monday

 

"True wealth gets built when your time gets uncoupled with money."

― Monick Halm.

Time is finite. We only have so much time in our day, our week, our month, and truly, our lives. When it comes to making money, some people have jobs that trade their time for money. This can be really lucrative, especially if you’re a CEO and you get paid a lot of money per hour worked. But I believe that when you’re truly wealthy, your time is completely your own. True wealth means not trading your time for money, it means making money while you do whatever you’d like to do with your time.

Real estate investing gives you the gift of time. It allows you to have enough passive income streams so that you work because you WANT to, not because you HAVE to. That is true wealth, and THAT is the kind of financial freedom I want for each and every one of you.

Continue Reading...

4 Benefits of Taking Your Real Estate Investing to the Next Level.

If you've already started investing in real estate, you’re ready to dig in and break out of the comfort zone you’ve built so far in your real estate investing business. You're ready to take your investing to the next level!

What Happens When You Take Your Real Estate Investing to The Next Level?

1. Strategic Confidence:

When you wake up in the morning, you know that the time you are investing in your business has a direct impact on your forward progress towards your goals.

2. A Team That’s Been There:

You know that the plan you’re creating was built with the help of experts who are doing it themselves, who are in the game.

3. Visibility and Access:

You are not a beginner, friend! It’s time to show up and be a part of the real estate conversations that make this industry move. 

4. Space to Live:

Growing your real estate business like a goddess is not about the hustle. It requires holding space for the things that fuel you, that recharge you, that...

Continue Reading...

Motivation Monday

To be honest, it's a lot easier to attract people to you, than going after people to join your team or business. When you create a platform and put yourself out there it's kinda like you are the honey and the bees come to you. It's a lot easier to do it that way!

Instead of chasing people down. I like to put out as much value as I can and attract people to me! This is how I now get my deals and my money. Investors find me to get on my list, and brokers and other deal sponsors send me opportunities. This is not only easier, but it's also way more fun!

Continue Reading...

What are The Benefits and Downsides of Being an Active Investor in a Syndication?

 

The active investor, sponsor, or syndicator (these terms are used interchangeably) is the person that is arranging a syndication. They bring together a group of investors to collectively purchase a property.

Typically, they will find the deal, structure it, enroll investors, arrange outside financing, and then manage the asset afterward.

A syndicator is not necessarily acting as a property manager, but they will need to manage the property manager(s) and other aspects of the deal (e.g., get insurance for the property, make sure that necessary rehabs are done, ensure taxes are done for the entities and K-1s are provided each year to investors, etc.)

If you're considering syndication, you don't have to do all of this yourself. You can partner with other syndicators and be a sponsorship team. I recommend this approach and this is how I do it myself. As a team, you split the responsibilities and the rewards.

NOTE: PRACTICE SAFE SYNDICATION.  Typically (at least in the United...

Continue Reading...

Motivation Monday

AKA: Taxes!

Did you know that the government actually encourages real estate ownership? They do so by offering tax incentives for property owners.

Buying real estate will usually increase your income, but result in lowering your tax burden. Because of depreciation and other tax deductions, it will often appear for tax purposes as though you’re running at a loss.

Even though you’re making income, you have lower taxes and no self-employment tax on rental cash flow. So more money just goes right into your pocket! That’s the beauty of real estate- it allows you to keep more of the money you make, instead of giving it to the government.

If you want to learn more about how you can get started in real estate investing, I have a Free Training I’d love to share with you!

Continue Reading...
Close

50% Complete

FREE DOWNLOAD!

Investing in Real Estate from $1 to $1M – 12 strategies to get you invested in real estate regardless of your schedule or budget.