https://simplecast.com Women Invest in Real Estate Welcome to the Women Invest in Real Estate podcast where we talk about real estate investing, business, and give a behind-the-scenes look at Amelia and Grace’s lives as full time investors. 2022 Women Invest In Real Estate en Mon, 30 Mar 2026 06:00:00 +0000 Mon, 30 Mar 2026 06:00:11 +0000 https://women-invest-in-real-estate.simplecast.com Women Invest in Real Estate https://image.simplecastcdn.com/images/b0ee23f9-06f1-40a0-9188-67725d50a320/c4aae072-62fc-49e8-a108-de9aaaf0a07c/3000x3000/3-4.jpg?aid=rss_feed https://women-invest-in-real-estate.simplecast.com episodic Welcome to the Women Invest in Real Estate podcast where we talk about real estate investing, business, and give a behind-the-scenes look at Amelia and Grace’s lives as full time investors. Amelia McGee, Grace Gudenkauf true https://feeds.simplecast.com/KaOVBuIP investor, community of women, bigger pockets, female investor, getting started in real estate investing, girl boss, mid term rentals, entrepreneur, landlord, wiire, how to invest in real estate, managing properties, real estate, rei, rookie investor, real women in business, women in real estate, female founder, women in business, community, sheeo, real estate investing, investing in real estate, travel nurse housing, midterm rentals, medium term rentals Amelia McGee & Grace Gudenkauf hello@womeninvestinrealestate.com 37b54381-7b62-4432-89fb-4fc290993d3f WIIRE 224: How I Manage 40+ Midterm Rentals With a Team of 3 (Without Burning Out) This week, we sit down with our friend and community leader Emily Karasek, founder of Extend Your Stay. Emily spent 13 years as a nurse before realizing she couldn’t see herself in that role until 65, and she turned to real estate, starting with a flip in 2021, to create a different path. We talk with Emily about how she moved from a long-term rental she hated, self-managing, into mid-term rentals serving travel professionals, and how that “one deal” snowballed into a full-blown MTR management company now overseeing 40+ doors.

Together, we dig into what it really looks like to scale: buying imperfect deals, making mistakes, and relying on local meetups, community, and word of mouth instead of having everything perfectly planned. Emily opens up about hiring and leadership—from failed VA hires to finally finding the right one with Airbnb experience, and how she onboarded slowly, with clear expectations and guardrails, instead of dumping everything on her at once. She also walks us through the systems and tools behind her lean operation: Hospitable, Furnished Finder, Notion, Slack, OpenPhone/QO, and Relay. Plus, she dives into how she’s using AI and a custom GPT internally to house SOPs, property quirks, and FAQs so her team isn’t dependent on her brain 24/7.

If you’re a female investor, nurse, or mom who wants to build mid-term rentals, protect your time, and step into true leadership, you’re going to love this conversation with Emily.

 

 

Resources:

]]> Mon, 30 Mar 2026 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Emily Karasek) https://women-invest-in-real-estate.simplecast.com/episodes/how-i-manage-40-midterm-rentals-with-a-team-of-3-without-burning-out-ZNAD5luB This week, we sit down with our friend and community leader Emily Karasek, founder of Extend Your Stay. Emily spent 13 years as a nurse before realizing she couldn’t see herself in that role until 65, and she turned to real estate, starting with a flip in 2021, to create a different path. We talk with Emily about how she moved from a long-term rental she hated, self-managing, into mid-term rentals serving travel professionals, and how that “one deal” snowballed into a full-blown MTR management company now overseeing 40+ doors.

Together, we dig into what it really looks like to scale: buying imperfect deals, making mistakes, and relying on local meetups, community, and word of mouth instead of having everything perfectly planned. Emily opens up about hiring and leadership—from failed VA hires to finally finding the right one with Airbnb experience, and how she onboarded slowly, with clear expectations and guardrails, instead of dumping everything on her at once. She also walks us through the systems and tools behind her lean operation: Hospitable, Furnished Finder, Notion, Slack, OpenPhone/QO, and Relay. Plus, she dives into how she’s using AI and a custom GPT internally to house SOPs, property quirks, and FAQs so her team isn’t dependent on her brain 24/7.

If you’re a female investor, nurse, or mom who wants to build mid-term rentals, protect your time, and step into true leadership, you’re going to love this conversation with Emily.

 

 

Resources:

]]> WIIRE 224: How I Manage 40+ Midterm Rentals With a Team of 3 (Without Burning Out) Amelia McGee, Grace Gudenkauf, Emily Karasek 00:36:27 This week, we sit down with our friend and community leader Emily Karasek, founder of Extend Your Stay. Emily spent 13 years as a nurse before realizing she couldn’t see herself in that role until 65, and she turned to real estate, starting with a flip in 2021, to create a different path. We talk with Emily about how she moved from a long-term rental she hated, self-managing, into mid-term rentals serving travel professionals, and how that “one deal” snowballed into a full-blown MTR management company now overseeing 40+ doors. This week, we sit down with our friend and community leader Emily Karasek, founder of Extend Your Stay. Emily spent 13 years as a nurse before realizing she couldn’t see herself in that role until 65, and she turned to real estate, starting with a flip in 2021, to create a different path. We talk with Emily about how she moved from a long-term rental she hated, self-managing, into mid-term rentals serving travel professionals, and how that “one deal” snowballed into a full-blown MTR management company now overseeing 40+ doors. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 224 e032e8c9-f791-459f-823e-5f368748dbd9 WIIRE 223: Entity Finances 101: How to Pay Yourself, Track Money, and Stay Out of Trouble In this episode, we break down how we manage money inside our real estate entities so we can protect ourselves legally, keep things simple, and actually know if our rentals are profitable. We start with why entity finances matter, including the idea of piercing the corporate veil—what it means, how mixing personal and business funds can wipe out your asset protection, and why it’s so important to get guidance from a CPA and attorney on your specific setup.

We walk through:

  • What commingling funds has looked like for us and other investors in real life
  • The simple rules we use to separate personal and business money, even when a property is in our personal names
  • How we structure bank accounts for each entity without going overboard with a separate account for every single property
  • How organized, clean financials have made us more attractive borrowers to lenders

We also share what we do when a business bank account runs out of money—how we use owner contributions instead of swiping our personal cards—and how we pay ourselves through owner distributions once we know our true profit.

Finally, we talk about how bookkeeping helps us spot problems early, make non-emotional decisions, and make tax time less painful. We explain why trying to DIY our books was a mistake, and why “boring” finances are actually a sign that things are working.

If your entity bank account and personal checking are basically the same thing, this episode is your nudge to clean up your money systems and set yourself up for a scalable, sustainable portfolio.

 

 

Resources:

]]> Mon, 23 Mar 2026 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/entity-finances-101-how-to-pay-yourself-track-money-and-stay-out-of-trouble-xa2y6kt6 In this episode, we break down how we manage money inside our real estate entities so we can protect ourselves legally, keep things simple, and actually know if our rentals are profitable. We start with why entity finances matter, including the idea of piercing the corporate veil—what it means, how mixing personal and business funds can wipe out your asset protection, and why it’s so important to get guidance from a CPA and attorney on your specific setup.

We walk through:

  • What commingling funds has looked like for us and other investors in real life
  • The simple rules we use to separate personal and business money, even when a property is in our personal names
  • How we structure bank accounts for each entity without going overboard with a separate account for every single property
  • How organized, clean financials have made us more attractive borrowers to lenders

We also share what we do when a business bank account runs out of money—how we use owner contributions instead of swiping our personal cards—and how we pay ourselves through owner distributions once we know our true profit.

Finally, we talk about how bookkeeping helps us spot problems early, make non-emotional decisions, and make tax time less painful. We explain why trying to DIY our books was a mistake, and why “boring” finances are actually a sign that things are working.

If your entity bank account and personal checking are basically the same thing, this episode is your nudge to clean up your money systems and set yourself up for a scalable, sustainable portfolio.

 

 

Resources:

]]> WIIRE 223: Entity Finances 101: How to Pay Yourself, Track Money, and Stay Out of Trouble Grace Gudenkauf, Amelia McGee 00:29:25 In this episode, we break down how we manage money inside our real estate entities so we can protect ourselves legally, keep things simple, and actually know if our rentals are profitable. We start with why entity finances matter, including the idea of piercing the corporate veil—what it means, how mixing personal and business funds can wipe out your asset protection, and why it’s so important to get guidance from a CPA and attorney on your specific setup. In this episode, we break down how we manage money inside our real estate entities so we can protect ourselves legally, keep things simple, and actually know if our rentals are profitable. We start with why entity finances matter, including the idea of piercing the corporate veil—what it means, how mixing personal and business funds can wipe out your asset protection, and why it’s so important to get guidance from a CPA and attorney on your specific setup. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 223 95186b4a-f61d-442d-acce-68451285de9f WIIRE 222: Non-Negotiables For Buying Rental Properties In this episode of the WIIRE Podcast, we talk directly to mid‑level investors who’ve moved past their first few doors and are now refining what truly works for their lifestyle and long‑term goals.

We unpack our evolving list of rental property non‑negotiables—the standards we refuse to compromise on, even when a deal looks great on paper. We share how our early “hold forever” mindset has shifted into a more strategic approach of “test, then prune”: buying, holding for a few years, then flipping or selling underperforming or high‑maintenance properties to reinvest into better assets.

You’ll hear real examples from our own portfolios and our community around:

  • When and why to prune from a position of financial strength
  • Using refinances and equity to scale without over‑leveraging
  • How parking, layouts, trees, and micro‑location quietly make or break long‑term performance
  • The difference between long‑term rentals, MTRs, and Airbnbs, and how Buy Boxes shift by strategy

We also revisit the concept of a Buy Box and why your non‑negotiables will (and should) evolve as your experience, capital, and lifestyle priorities change.

This episode will help you move from accumulating doors to building a portfolio that actually supports a life by your own design, with fewer surprises and a lot less drama.

 

 

Resources:

]]> Mon, 16 Mar 2026 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/non-negotiables-for-buying-rental-properties-GtEunit6 In this episode of the WIIRE Podcast, we talk directly to mid‑level investors who’ve moved past their first few doors and are now refining what truly works for their lifestyle and long‑term goals.

We unpack our evolving list of rental property non‑negotiables—the standards we refuse to compromise on, even when a deal looks great on paper. We share how our early “hold forever” mindset has shifted into a more strategic approach of “test, then prune”: buying, holding for a few years, then flipping or selling underperforming or high‑maintenance properties to reinvest into better assets.

You’ll hear real examples from our own portfolios and our community around:

  • When and why to prune from a position of financial strength
  • Using refinances and equity to scale without over‑leveraging
  • How parking, layouts, trees, and micro‑location quietly make or break long‑term performance
  • The difference between long‑term rentals, MTRs, and Airbnbs, and how Buy Boxes shift by strategy

We also revisit the concept of a Buy Box and why your non‑negotiables will (and should) evolve as your experience, capital, and lifestyle priorities change.

This episode will help you move from accumulating doors to building a portfolio that actually supports a life by your own design, with fewer surprises and a lot less drama.

 

 

Resources:

]]> WIIRE 222: Non-Negotiables For Buying Rental Properties Grace Gudenkauf, Amelia McGee 00:26:36 In this episode of the WIIRE Podcast, we talk directly to mid‑level investors who’ve moved past their first few doors and are now refining what truly works for their lifestyle and long‑term goals. We unpack our evolving list of rental property non‑negotiables—the standards we refuse to compromise on, even when a deal looks great on paper. We share how our early “hold forever” mindset has shifted into a more strategic approach of “test, then prune”: buying, holding for a few years, then flipping or selling underperforming or high‑maintenance properties to reinvest into better assets. In this episode of the WIIRE Podcast, we talk directly to mid‑level investors who’ve moved past their first few doors and are now refining what truly works for their lifestyle and long‑term goals. We unpack our evolving list of rental property non‑negotiables—the standards we refuse to compromise on, even when a deal looks great on paper. We share how our early “hold forever” mindset has shifted into a more strategic approach of “test, then prune”: buying, holding for a few years, then flipping or selling underperforming or high‑maintenance properties to reinvest into better assets. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 222 9bff47f2-e7c1-4431-9803-b98d30c59eb5 WIIRE 221: Midterm Rental Operators: Leveraging Local Community & Systems for Risky Tenants On today’s podcast, we’re joined again by James Hwang, co-founder of Stellar Housing Solutions in New Jersey, where he and his partners operate 20+ midterm rentals through a mix of ownership, co-hosting, and arbitrage. James breaks down how he’s expanded his reach far beyond his own units by building a local MTR network—a WhatsApp group of New Jersey operators who share leads, referrals, and vendors. That collaboration acts like a “third OTA,” keeping units booked even in slow seasons and opening doors to new co-hosting and arbitrage deals.

We dig into arbitrage in today’s market—where it still works, where it doesn’t, and how James structures profitable deals. He targets solid but slightly less “premium” areas near hot markets, negotiates creatively around rent vs. deposits, and positions himself as the stress-free solution for landlords.

James also walks us through his landlord conversation playbook: speaking as a fellow owner, addressing pain points like non-payment and property damage, and demonstrating how midterm rentals can mean early, automated rent and better-maintained units. That credibility often leads to repeat opportunities and more doors.

If you’re looking to scale midterm rentals, tap into community instead of competing, or revive arbitrage with smart analysis and systems, this episode with James is a masterclass in doing MTRs the right way.

 

 

Resources:

]]> Mon, 9 Mar 2026 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, James Hwang) https://women-invest-in-real-estate.simplecast.com/episodes/midterm-rental-operators-leveraging-local-community-systems-for-risky-tenants-58Lqqkhu On today’s podcast, we’re joined again by James Hwang, co-founder of Stellar Housing Solutions in New Jersey, where he and his partners operate 20+ midterm rentals through a mix of ownership, co-hosting, and arbitrage. James breaks down how he’s expanded his reach far beyond his own units by building a local MTR network—a WhatsApp group of New Jersey operators who share leads, referrals, and vendors. That collaboration acts like a “third OTA,” keeping units booked even in slow seasons and opening doors to new co-hosting and arbitrage deals.

We dig into arbitrage in today’s market—where it still works, where it doesn’t, and how James structures profitable deals. He targets solid but slightly less “premium” areas near hot markets, negotiates creatively around rent vs. deposits, and positions himself as the stress-free solution for landlords.

James also walks us through his landlord conversation playbook: speaking as a fellow owner, addressing pain points like non-payment and property damage, and demonstrating how midterm rentals can mean early, automated rent and better-maintained units. That credibility often leads to repeat opportunities and more doors.

If you’re looking to scale midterm rentals, tap into community instead of competing, or revive arbitrage with smart analysis and systems, this episode with James is a masterclass in doing MTRs the right way.

 

 

Resources:

]]> WIIRE 221: Midterm Rental Operators: Leveraging Local Community & Systems for Risky Tenants Amelia McGee, Grace Gudenkauf, James Hwang 00:48:02 On today’s podcast, we’re joined again by James Hwang, co-founder of Stellar Housing Solutions in New Jersey, where he and his partners operate 20+ midterm rentals through a mix of ownership, co-hosting, and arbitrage. James breaks down how he’s expanded his reach far beyond his own units by building a local MTR network—a WhatsApp group of New Jersey operators who share leads, referrals, and vendors. That collaboration acts like a “third OTA,” keeping units booked even in slow seasons and opening doors to new co-hosting and arbitrage deals. On today’s podcast, we’re joined again by James Hwang, co-founder of Stellar Housing Solutions in New Jersey, where he and his partners operate 20+ midterm rentals through a mix of ownership, co-hosting, and arbitrage. James breaks down how he’s expanded his reach far beyond his own units by building a local MTR network—a WhatsApp group of New Jersey operators who share leads, referrals, and vendors. That collaboration acts like a “third OTA,” keeping units booked even in slow seasons and opening doors to new co-hosting and arbitrage deals. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 221 f2a1d7d1-2026-4869-8a9b-8983c7fcd658 WIIRE 220: Why Amelia Left A 9 Year Relationship (& Why Being Comfortable Has Kept You Stuck) In this deeply personal episode of the podcast, we explore what it really means to break up with comfort—in relationships, careers, and life. After ending a nine-year relationship, Amelia shares how staying “comfortable but stagnant” was like dragging a 250-pound anchor while still building a real estate portfolio.

We discuss:

  • How real estate investing became the tool to design an audacious, abundant life
  • The difference between being comfortable vs. stagnant
  • Honoring your intuition in relationships, money, and investing decisions
  • The power of female investor communities and support systems
  • Taking messy action, finding “quick wins,” and living in the solution

This episode is for women in real estate who feel called to something bigger—but are scared to leave what’s “fine.”

Follow us on Instagram and share how this episode resonated with you.

 

 

Resources:

]]> Mon, 2 Mar 2026 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/why-amelia-left-a-9-year-relationship-why-being-comfortable-has-kept-you-stuck-wirY1n6U In this deeply personal episode of the podcast, we explore what it really means to break up with comfort—in relationships, careers, and life. After ending a nine-year relationship, Amelia shares how staying “comfortable but stagnant” was like dragging a 250-pound anchor while still building a real estate portfolio.

We discuss:

  • How real estate investing became the tool to design an audacious, abundant life
  • The difference between being comfortable vs. stagnant
  • Honoring your intuition in relationships, money, and investing decisions
  • The power of female investor communities and support systems
  • Taking messy action, finding “quick wins,” and living in the solution

This episode is for women in real estate who feel called to something bigger—but are scared to leave what’s “fine.”

Follow us on Instagram and share how this episode resonated with you.

 

 

Resources:

]]> WIIRE 220: Why Amelia Left A 9 Year Relationship (& Why Being Comfortable Has Kept You Stuck) Amelia McGee, Grace Gudenkauf 00:30:18 In this deeply personal episode of the podcast, we explore what it really means to break up with comfort—in relationships, careers, and life. After ending a nine-year relationship, Amelia shares how staying “comfortable but stagnant” was like dragging a 250-pound anchor while still building a real estate portfolio. In this deeply personal episode of the podcast, we explore what it really means to break up with comfort—in relationships, careers, and life. After ending a nine-year relationship, Amelia shares how staying “comfortable but stagnant” was like dragging a 250-pound anchor while still building a real estate portfolio. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 220 b5588d78-7595-40c3-8be3-4061c26aaba7 WIIRE 219: She Converted a Tiny Home Into a Cash Flowing ADU In this episode of the podcast, we interview investor and nurse Miranda Widmeyer about her first ADU (Accessory Dwelling Unit) project in California—turning a used tiny home on wheels into a fully permitted, high-cash-flow rental. Miranda shares how she intentionally bought a property with space for an ADU, used a rent-by-the-room strategy in the main house to cover her mortgage, and then found a $40,000 tiny home on Facebook Marketplace, negotiating creative seller financing to avoid overleveraging.

She walks through the realities of being the first person in her city to convert a tiny home into an ADU, including months of back-and-forth with the city, the manufacturer, and engineers to satisfy code, secure plans, and work through Insignia and permitting challenges.

Miranda breaks down her actual numbers—including utilities and concrete —and her target rental income, which comes in under budget and beats the 2% rule. She also discusses funding the project with a HELOC and extra hospital shifts, the power of problem-solving and not taking “no” for an answer, and how the WIIRE Community helped her lead her team and push the project across the finish line.

 

 

Resources:

]]> Mon, 23 Feb 2026 07:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee, Miranda Widmeyer) https://women-invest-in-real-estate.simplecast.com/episodes/she-converted-a-tiny-home-into-a-cash-flowing-adu-rQc1gq5n In this episode of the podcast, we interview investor and nurse Miranda Widmeyer about her first ADU (Accessory Dwelling Unit) project in California—turning a used tiny home on wheels into a fully permitted, high-cash-flow rental. Miranda shares how she intentionally bought a property with space for an ADU, used a rent-by-the-room strategy in the main house to cover her mortgage, and then found a $40,000 tiny home on Facebook Marketplace, negotiating creative seller financing to avoid overleveraging.

She walks through the realities of being the first person in her city to convert a tiny home into an ADU, including months of back-and-forth with the city, the manufacturer, and engineers to satisfy code, secure plans, and work through Insignia and permitting challenges.

Miranda breaks down her actual numbers—including utilities and concrete —and her target rental income, which comes in under budget and beats the 2% rule. She also discusses funding the project with a HELOC and extra hospital shifts, the power of problem-solving and not taking “no” for an answer, and how the WIIRE Community helped her lead her team and push the project across the finish line.

 

 

Resources:

]]> WIIRE 219: She Converted a Tiny Home Into a Cash Flowing ADU Grace Gudenkauf, Amelia McGee, Miranda Widmeyer 00:35:20 In this episode of the podcast, we interview investor and nurse Miranda Widmeyer about her first ADU (Accessory Dwelling Unit) project in California—turning a used tiny home on wheels into a fully permitted, high-cash-flow rental. Miranda shares how she intentionally bought a property with space for an ADU, used a rent-by-the-room strategy in the main house to cover her mortgage, and then found a $40,000 tiny home on Facebook Marketplace, negotiating creative seller financing to avoid overleveraging. In this episode of the podcast, we interview investor and nurse Miranda Widmeyer about her first ADU (Accessory Dwelling Unit) project in California—turning a used tiny home on wheels into a fully permitted, high-cash-flow rental. Miranda shares how she intentionally bought a property with space for an ADU, used a rent-by-the-room strategy in the main house to cover her mortgage, and then found a $40,000 tiny home on Facebook Marketplace, negotiating creative seller financing to avoid overleveraging. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 219 c6810699-b8d1-4291-927d-783b15b72e15 WIIRE 218: Multiple Investing Strategies: Smart & Opportunistic or Shiny Object Syndrome? In this episode of the podcast, we’re unpacking the difference between smart, opportunistic investing and shiny object syndrome for female real estate investors who want to build real wealth without burning out.

We dive into:

  • What shiny object syndrome actually looks like in real estate—and how it can keep you from ever doing your first deal
  • The fine line between being distracted and being scrappy and resourceful
  • Why committing to one strategy, one market, and one buy box is the fastest way out of analysis paralysis
  • How we’ve seen experienced women investors stay opportunistic without creating chaos in their portfolios

We also share real examples from women in the WIIRE community using creative financing, rent-to-own, long-term rentals, mid-term rentals, and short-term rentals—all within a clear, focused ecosystem.

If you’re a woman in real estate wondering whether your many ideas mean you’re evolving or just avoiding going all-in, this episode is your honest sanity check and practical roadmap.

 

 

Resources:

]]> Mon, 16 Feb 2026 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/multiple-investing-strategies-smart-opportunistic-or-shiny-object-syndrome-Psb5jwFm In this episode of the podcast, we’re unpacking the difference between smart, opportunistic investing and shiny object syndrome for female real estate investors who want to build real wealth without burning out.

We dive into:

  • What shiny object syndrome actually looks like in real estate—and how it can keep you from ever doing your first deal
  • The fine line between being distracted and being scrappy and resourceful
  • Why committing to one strategy, one market, and one buy box is the fastest way out of analysis paralysis
  • How we’ve seen experienced women investors stay opportunistic without creating chaos in their portfolios

We also share real examples from women in the WIIRE community using creative financing, rent-to-own, long-term rentals, mid-term rentals, and short-term rentals—all within a clear, focused ecosystem.

If you’re a woman in real estate wondering whether your many ideas mean you’re evolving or just avoiding going all-in, this episode is your honest sanity check and practical roadmap.

 

 

Resources:

]]> WIIRE 218: Multiple Investing Strategies: Smart & Opportunistic or Shiny Object Syndrome? Amelia McGee, Grace Gudenkauf 00:27:44 In this episode of the podcast, we’re unpacking the difference between smart, opportunistic investing and shiny object syndrome for female real estate investors who want to build real wealth without burning out. In this episode of the podcast, we’re unpacking the difference between smart, opportunistic investing and shiny object syndrome for female real estate investors who want to build real wealth without burning out. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 218 e05fc264-2882-411a-a6d8-65067f4bd526 WIIRE 217: Off-Market Deal Panel: Real Investors Share How They’re Finding Deals in 2026 In this episode, a powerhouse panel of female real estate investors breaks down exactly how they find and close profitable off‑market deals—even while juggling full-time jobs, businesses, and motherhood. You’ll hear real stories from  investors using house hacking, BRRRR, flipping, new construction, and short‑term rentals to build wealth and design a lifestyle they love.

You'll hear...

  • When it’s time to pivot from on‑market to off‑market real estate deals
  • Relationship-based lead generation: community groups, contractors, social media, Instagram, and Facebook groups
  • Overcoming imposter syndrome and confidently telling people “I’m a real estate investor”
  • Negotiating with sellers, creative financing, and solving seller problems with compassion
  • Follow-up systems, referrals, and paying meaningful referral fees
  • Whether getting your real estate license as an investor actually makes sense

This episode is perfect for beginners to experienced investors who want more deal flow without sacrificing their lifestyle.

 

 

Resources:

]]> Mon, 9 Feb 2026 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/off-market-deal-panel-real-investors-share-how-theyre-finding-deals-in-2026-ktlvuWXs In this episode, a powerhouse panel of female real estate investors breaks down exactly how they find and close profitable off‑market deals—even while juggling full-time jobs, businesses, and motherhood. You’ll hear real stories from  investors using house hacking, BRRRR, flipping, new construction, and short‑term rentals to build wealth and design a lifestyle they love.

You'll hear...

  • When it’s time to pivot from on‑market to off‑market real estate deals
  • Relationship-based lead generation: community groups, contractors, social media, Instagram, and Facebook groups
  • Overcoming imposter syndrome and confidently telling people “I’m a real estate investor”
  • Negotiating with sellers, creative financing, and solving seller problems with compassion
  • Follow-up systems, referrals, and paying meaningful referral fees
  • Whether getting your real estate license as an investor actually makes sense

This episode is perfect for beginners to experienced investors who want more deal flow without sacrificing their lifestyle.

 

 

Resources:

]]> WIIRE 217: Off-Market Deal Panel: Real Investors Share How They’re Finding Deals in 2026 Amelia McGee, Grace Gudenkauf 00:45:49 In this episode, a powerhouse panel of female real estate investors breaks down exactly how they find and close profitable off‑market deals—even while juggling full-time jobs, businesses, and motherhood. You’ll hear real stories from investors using house hacking, BRRRR, flipping, new construction, and short‑term rentals to build wealth and design a lifestyle they love. In this episode, a powerhouse panel of female real estate investors breaks down exactly how they find and close profitable off‑market deals—even while juggling full-time jobs, businesses, and motherhood. You’ll hear real stories from investors using house hacking, BRRRR, flipping, new construction, and short‑term rentals to build wealth and design a lifestyle they love. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 217 eba4e22c-4d87-4bfb-b982-c3cb42f875b0 WIIRE 216: Real Estate Investing With Credit Card Debt: Smart Move or Red Flag? In this episode of the podcast, we're tackling a question many female real estate investors face: Should you invest in real estate if you have credit card debt? We share how tools like 0% APR cards can be used strategically for renovations—when you have the cash and discipline to pay them off—while explaining why it’s nearly impossible to out-invest 20–30% credit card interest. We break down key red flags, including making only minimum payments, having no emergency reserves, and relying on rental cash flow to cover interest with no plan to eliminate principal.

We walk through a few cases where investing while carrying debt might make sense, such as a conservative flip or a house hack that significantly reduces your housing costs, allowing you to attack debt faster. Lastly, we discuss using reserves, selling, or refinancing properties to pay off high-interest credit cards, and the mindset shift from avoidance to taking small, quick-win steps forward.

 

 

Resources:

]]> Mon, 2 Feb 2026 07:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/real-estate-investing-with-credit-card-debt-smart-move-or-red-flag-Gq_hS6l9 In this episode of the podcast, we're tackling a question many female real estate investors face: Should you invest in real estate if you have credit card debt? We share how tools like 0% APR cards can be used strategically for renovations—when you have the cash and discipline to pay them off—while explaining why it’s nearly impossible to out-invest 20–30% credit card interest. We break down key red flags, including making only minimum payments, having no emergency reserves, and relying on rental cash flow to cover interest with no plan to eliminate principal.

We walk through a few cases where investing while carrying debt might make sense, such as a conservative flip or a house hack that significantly reduces your housing costs, allowing you to attack debt faster. Lastly, we discuss using reserves, selling, or refinancing properties to pay off high-interest credit cards, and the mindset shift from avoidance to taking small, quick-win steps forward.

 

 

Resources:

]]> WIIRE 216: Real Estate Investing With Credit Card Debt: Smart Move or Red Flag? Grace Gudenkauf, Amelia McGee 00:22:28 In this episode of the podcast, we're tackling a question many female real estate investors face: Should you invest in real estate if you have credit card debt? We share how tools like 0% APR cards can be used strategically for renovations—when you have the cash and discipline to pay them off—while explaining why it’s nearly impossible to out-invest 20–30% credit card interest. We break down key red flags, including making only minimum payments, having no emergency reserves, and relying on rental cash flow to cover interest with no plan to eliminate principal. In this episode of the podcast, we're tackling a question many female real estate investors face: Should you invest in real estate if you have credit card debt? We share how tools like 0% APR cards can be used strategically for renovations—when you have the cash and discipline to pay them off—while explaining why it’s nearly impossible to out-invest 20–30% credit card interest. We break down key red flags, including making only minimum payments, having no emergency reserves, and relying on rental cash flow to cover interest with no plan to eliminate principal. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 216 4487b857-9a1f-43df-a7c8-e84891efa510 WIIRE 215: The Wealth Stack: How to Layer Real Estate, Stocks, and Retirement Accounts Like a Pro In this episode, we tackle a big question for women building wealth through real estate: should you invest when you have credit card debt—and can credit cards ever be used strategically? Guest Malia Gudenkauf, also known as Little Miss Finance, breaks down when credit card debt is a hard no, when it might be acceptable, and why paying off 20–30% interest often beats chasing the next deal. 

We dig into the difference between using a 0% APR promo card versus revolving high-interest debt, plus the few situations where investing with debt can make sense, such as a conservative cosmetic flip or a house hack that slashes your housing costs so you can attack balances faster. We also flag major red flags, such as making only minimum payments, relying on rental cash flow to cover interest, and investing without reserves. 

Beyond the numbers, we talk about the stress of debt, the habit of “burying your head in the sand,” and how real estate should expand your life—not add panic. For more shame-free money guidance from Malia, visit her website or follow her on Instagram.

 

 

Resources:

]]> Mon, 26 Jan 2026 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Malia Gudenkauf, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/the-wealth-stack-how-to-layer-real-estate-stocks-and-retirement-accounts-like-a-pro-yno_WI6A In this episode, we tackle a big question for women building wealth through real estate: should you invest when you have credit card debt—and can credit cards ever be used strategically? Guest Malia Gudenkauf, also known as Little Miss Finance, breaks down when credit card debt is a hard no, when it might be acceptable, and why paying off 20–30% interest often beats chasing the next deal. 

We dig into the difference between using a 0% APR promo card versus revolving high-interest debt, plus the few situations where investing with debt can make sense, such as a conservative cosmetic flip or a house hack that slashes your housing costs so you can attack balances faster. We also flag major red flags, such as making only minimum payments, relying on rental cash flow to cover interest, and investing without reserves. 

Beyond the numbers, we talk about the stress of debt, the habit of “burying your head in the sand,” and how real estate should expand your life—not add panic. For more shame-free money guidance from Malia, visit her website or follow her on Instagram.

 

 

Resources:

]]> WIIRE 215: The Wealth Stack: How to Layer Real Estate, Stocks, and Retirement Accounts Like a Pro Amelia McGee, Malia Gudenkauf, Grace Gudenkauf 00:47:45 In this episode, we tackle a big question for women building wealth through real estate: should you invest when you have credit card debt—and can credit cards ever be used strategically? Guest Malia Gudenkauf, also known as Little Miss Finance, breaks down when credit card debt is a hard no, when it might be acceptable, and why paying off 20–30% interest often beats chasing the next deal. In this episode, we tackle a big question for women building wealth through real estate: should you invest when you have credit card debt—and can credit cards ever be used strategically? Guest Malia Gudenkauf, also known as Little Miss Finance, breaks down when credit card debt is a hard no, when it might be acceptable, and why paying off 20–30% interest often beats chasing the next deal. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 215 febe7648-6296-438b-8ddc-a13fd9f9ee2c WIIRE 214: How Real Estate Changed Our Day-to-Day Lives (In the Best Ways) Real estate didn’t just change our income—it transformed our time, relationships, and what we believe is possible for our lives. In this episode, we share honestly about the lifestyle shifts we’ve experienced since becoming real estate investors: non-traditional work weeks, flexible days built around things we love (like pickleball, personal training, and slow Fridays), and the ability to travel or go home for weeks at a time without asking for PTO.

We talk about how our social circles have completely changed as we’ve surrounded ourselves with ambitious women who talk about equity, mindset, and expansion. Amelia opens up about leaving a 9-year relationship, how having her own portfolio gave her the option to walk away, and why you can still invest even if your partner isn’t on board.

We also break down how real estate has made us financially stronger through debt paydown, equity, tax benefits, and the confidence that we can go out and make more money because we have the skills. If you’re a woman who wants more freedom, alignment, and audacity in your life, this conversation will feel like a glimpse of what’s possible for you, too.

 

 

Resources:

]]> Mon, 19 Jan 2026 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/how-real-estate-changed-our-day-to-day-lives-in-the-best-ways-4zp2gR0_ Real estate didn’t just change our income—it transformed our time, relationships, and what we believe is possible for our lives. In this episode, we share honestly about the lifestyle shifts we’ve experienced since becoming real estate investors: non-traditional work weeks, flexible days built around things we love (like pickleball, personal training, and slow Fridays), and the ability to travel or go home for weeks at a time without asking for PTO.

We talk about how our social circles have completely changed as we’ve surrounded ourselves with ambitious women who talk about equity, mindset, and expansion. Amelia opens up about leaving a 9-year relationship, how having her own portfolio gave her the option to walk away, and why you can still invest even if your partner isn’t on board.

We also break down how real estate has made us financially stronger through debt paydown, equity, tax benefits, and the confidence that we can go out and make more money because we have the skills. If you’re a woman who wants more freedom, alignment, and audacity in your life, this conversation will feel like a glimpse of what’s possible for you, too.

 

 

Resources:

]]> WIIRE 214: How Real Estate Changed Our Day-to-Day Lives (In the Best Ways) Amelia McGee, Grace Gudenkauf 00:31:31 Real estate didn’t just change our income—it transformed our time, relationships, and what we believe is possible for our lives. In this episode, we share honestly about the lifestyle shifts we’ve experienced since becoming real estate investors: non-traditional work weeks, flexible days built around things we love (like pickleball, personal training, and slow Fridays), and the ability to travel or go home for weeks at a time without asking for PTO. Real estate didn’t just change our income—it transformed our time, relationships, and what we believe is possible for our lives. In this episode, we share honestly about the lifestyle shifts we’ve experienced since becoming real estate investors: non-traditional work weeks, flexible days built around things we love (like pickleball, personal training, and slow Fridays), and the ability to travel or go home for weeks at a time without asking for PTO. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 214 e6804d7a-272e-478c-8eae-80cc13e8b00a WIIRE 213: Real Estate Is the Audacious Path to the Life You Actually Want — So Why Are You Still Playing Small? In this episode, we sit down with Laura Sides to talk about how real estate investing can completely transform your life and create true freedom—both financially and personally. Laura shares her journey from classroom teacher to successful real estate investor, and how embracing mindset shifts and identity growth enabled her to step away from the “average” life and design one that truly aligns with her values.

We chat about how real estate investing for women is about more than just building wealth; it’s about creating fulfillment, flexibility, and joy along the way. Laura opens up about the importance of community support, surrounding yourself with like-minded women in real estate, and why being a good client matters when working with contractors and building a strong team. We also talk about knowing when to sell properties to make room for better opportunities, building a portfolio that supports your lifestyle goals, and giving yourself permission to have fun and enjoy the life you’re working so hard to create.

 

 

Resources:

]]> Mon, 12 Jan 2026 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Laura Sides, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/real-estate-is-the-audacious-path-to-the-life-you-actually-want-so-why-are-you-still-playing-small-8m7DEP3u In this episode, we sit down with Laura Sides to talk about how real estate investing can completely transform your life and create true freedom—both financially and personally. Laura shares her journey from classroom teacher to successful real estate investor, and how embracing mindset shifts and identity growth enabled her to step away from the “average” life and design one that truly aligns with her values.

We chat about how real estate investing for women is about more than just building wealth; it’s about creating fulfillment, flexibility, and joy along the way. Laura opens up about the importance of community support, surrounding yourself with like-minded women in real estate, and why being a good client matters when working with contractors and building a strong team. We also talk about knowing when to sell properties to make room for better opportunities, building a portfolio that supports your lifestyle goals, and giving yourself permission to have fun and enjoy the life you’re working so hard to create.

 

 

Resources:

]]> WIIRE 213: Real Estate Is the Audacious Path to the Life You Actually Want — So Why Are You Still Playing Small? Amelia McGee, Laura Sides, Grace Gudenkauf 00:41:37 In this episode, we sit down with Laura Sides to talk about how real estate investing can completely transform your life and create true freedom—both financially and personally. Laura shares her journey from classroom teacher to successful real estate investor, and how embracing mindset shifts and identity growth enabled her to step away from the “average” life and design one that truly aligns with her values. In this episode, we sit down with Laura Sides to talk about how real estate investing can completely transform your life and create true freedom—both financially and personally. Laura shares her journey from classroom teacher to successful real estate investor, and how embracing mindset shifts and identity growth enabled her to step away from the “average” life and design one that truly aligns with her values. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 213 523d2e23-fa3a-4e9b-aeaf-ca4178a52c1f WIIRE 212: You’re Not Stuck — You’ve Outgrown Lone-Wolf Investing: Why Experienced Investors Need a High-Level Community If you’re a female real estate investor who feels stuck after your first few deals, this episode is your wake‑up call. This week we're joined by Jesse Dillon, who went from a salon owner to owning 50 rental units in just a few years. Together, we break down why so many women stall out between deals 3–5, why more books and podcasts aren’t your problem, and how trying to do it all alone quietly kills your momentum.

You’ll hear real stories from women inside the WIIRE community who:

  • Went from terrified of private money to raising $1.8M in 30 days
  • Funded their first flip and BRRRR using private and hard money
  • Locked up a competitive 7‑figure deal in an expensive market by learning to move fast

We dive into imposter syndrome, fear of failing publicly, and the identity shift from “I’m trying to invest” to “I am a real estate investor and CEO.”

Tune into Jessie's other WIIRE episodes:

If you’ve been learning nonstop but not taking action, this episode shows why community, accountability, and high‑level rooms are the missing piece for women in real estate.

 

 

Resources:

]]> Mon, 5 Jan 2026 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/youre-not-stuck-youve-outgrown-lone-wolf-investing-why-experienced-investors-need-a-high-level-community-GQ7pmNri If you’re a female real estate investor who feels stuck after your first few deals, this episode is your wake‑up call. This week we're joined by Jesse Dillon, who went from a salon owner to owning 50 rental units in just a few years. Together, we break down why so many women stall out between deals 3–5, why more books and podcasts aren’t your problem, and how trying to do it all alone quietly kills your momentum.

You’ll hear real stories from women inside the WIIRE community who:

  • Went from terrified of private money to raising $1.8M in 30 days
  • Funded their first flip and BRRRR using private and hard money
  • Locked up a competitive 7‑figure deal in an expensive market by learning to move fast

We dive into imposter syndrome, fear of failing publicly, and the identity shift from “I’m trying to invest” to “I am a real estate investor and CEO.”

Tune into Jessie's other WIIRE episodes:

If you’ve been learning nonstop but not taking action, this episode shows why community, accountability, and high‑level rooms are the missing piece for women in real estate.

 

 

Resources:

]]> WIIRE 212: You’re Not Stuck — You’ve Outgrown Lone-Wolf Investing: Why Experienced Investors Need a High-Level Community Amelia McGee, Grace Gudenkauf 00:41:25 If you’re a female real estate investor who feels stuck after your first few deals, this episode is your wake‑up call. This week we're joined by Jesse Dillon, who went from a salon owner to owning 50 rental units in just a few years. Together, we break down why so many women stall out between deals 3–5, why more books and podcasts aren’t your problem, and how trying to do it all alone quietly kills your momentum. If you’re a female real estate investor who feels stuck after your first few deals, this episode is your wake‑up call. This week we're joined by Jesse Dillon, who went from a salon owner to owning 50 rental units in just a few years. Together, we break down why so many women stall out between deals 3–5, why more books and podcasts aren’t your problem, and how trying to do it all alone quietly kills your momentum. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 212 31506b75-50f0-4995-93fa-55b5c09279c4 WIIRE 211: The Sacrifices We Made to Build Our Real Estate Portfolios This week, we are having an honest and heartfelt conversation about the sacrifices that come with building a life through real estate investing. We reflect on our individual financial journeys and the lifestyle changes we made early on—living below our means, rethinking spending habits, and strengthening our personal financial foundations before taking on larger investments. We share what it looked like during our DIY era, the risks we embraced as entrepreneurs, and the lessons we learned by building something from the ground up. While those seasons required hard choices, they also clarified our values and helped us align our lives with what truly mattered.

We also talk about the rewards that come from those sacrifices and how intentional living has allowed us to create both financial freedom and personal fulfillment. We discuss the motivation that comes from milestones like receiving a first rent payment, the importance of community and surrounding ourselves with like-minded women, and why sacrifice doesn’t have to mean a joyless life. Travel, self-care, and finding joy in small moments remain priorities for us, even as we continue to grow. Ultimately, this episode is a reminder that it’s okay to quit, pivot, and try again—and that with patience, alignment, and support, real estate investing can lead to a life that feels purposeful, balanced, and deeply rewarding.

 

 

Resources:

]]> Mon, 29 Dec 2025 07:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/the-sacrifices-we-made-to-build-our-real-estate-portfolios-xq37moWM This week, we are having an honest and heartfelt conversation about the sacrifices that come with building a life through real estate investing. We reflect on our individual financial journeys and the lifestyle changes we made early on—living below our means, rethinking spending habits, and strengthening our personal financial foundations before taking on larger investments. We share what it looked like during our DIY era, the risks we embraced as entrepreneurs, and the lessons we learned by building something from the ground up. While those seasons required hard choices, they also clarified our values and helped us align our lives with what truly mattered.

We also talk about the rewards that come from those sacrifices and how intentional living has allowed us to create both financial freedom and personal fulfillment. We discuss the motivation that comes from milestones like receiving a first rent payment, the importance of community and surrounding ourselves with like-minded women, and why sacrifice doesn’t have to mean a joyless life. Travel, self-care, and finding joy in small moments remain priorities for us, even as we continue to grow. Ultimately, this episode is a reminder that it’s okay to quit, pivot, and try again—and that with patience, alignment, and support, real estate investing can lead to a life that feels purposeful, balanced, and deeply rewarding.

 

 

Resources:

]]> WIIRE 211: The Sacrifices We Made to Build Our Real Estate Portfolios Grace Gudenkauf, Amelia McGee 00:45:35 This week, we are having an honest and heartfelt conversation about the sacrifices that come with building a life through real estate investing. We reflect on our individual financial journeys and the lifestyle changes we made early on—living below our means, rethinking spending habits, and strengthening our personal financial foundations before taking on larger investments. We share what it looked like during our DIY era, the risks we embraced as entrepreneurs, and the lessons we learned by building something from the ground up. While those seasons required hard choices, they also clarified our values and helped us align our lives with what truly mattered. This week, we are having an honest and heartfelt conversation about the sacrifices that come with building a life through real estate investing. We reflect on our individual financial journeys and the lifestyle changes we made early on—living below our means, rethinking spending habits, and strengthening our personal financial foundations before taking on larger investments. We share what it looked like during our DIY era, the risks we embraced as entrepreneurs, and the lessons we learned by building something from the ground up. While those seasons required hard choices, they also clarified our values and helped us align our lives with what truly mattered. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 211 1d41122b-39ad-43aa-b652-811c68b554c8 WIIRE 210: Your Year-End Real Estate Audit: Review Your Portfolio With This Stress-Test + Profit Breakdown In this episode, we sit down for a year-end audit of our real estate portfolios and have an honest conversation about what’s working, what’s creating stress, and where we need to make changes. We talk about why prioritizing our bookkeeping and truly understanding our numbers is essential to making confident decisions, and how identifying our most stressful properties often reveals deeper issues tied to systems, tenant management, or profitability. By breaking things down property by property, we’re able to evaluate not just financial returns, but also the return on our time and energy.

We also share personal experiences around tenant screening, managing properties more efficiently, and experimenting with different management strategies to find what best supports our goals and lifestyles. Throughout the conversation, we emphasize the importance of regularly reassessing our portfolios, setting clear investment goals for the future, and leaning into community for support, perspective, and shared strategies. This episode is a reminder that successful real estate investing isn’t just about growth—it’s about building a portfolio that feels aligned, sustainable, and empowering.

 

 

Resources:

]]> Mon, 22 Dec 2025 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/your-year-end-real-estate-audit-review-your-portfolio-with-this-stress-test-profit-breakdown-_HtKNQy5 In this episode, we sit down for a year-end audit of our real estate portfolios and have an honest conversation about what’s working, what’s creating stress, and where we need to make changes. We talk about why prioritizing our bookkeeping and truly understanding our numbers is essential to making confident decisions, and how identifying our most stressful properties often reveals deeper issues tied to systems, tenant management, or profitability. By breaking things down property by property, we’re able to evaluate not just financial returns, but also the return on our time and energy.

We also share personal experiences around tenant screening, managing properties more efficiently, and experimenting with different management strategies to find what best supports our goals and lifestyles. Throughout the conversation, we emphasize the importance of regularly reassessing our portfolios, setting clear investment goals for the future, and leaning into community for support, perspective, and shared strategies. This episode is a reminder that successful real estate investing isn’t just about growth—it’s about building a portfolio that feels aligned, sustainable, and empowering.

 

 

Resources:

]]> WIIRE 210: Your Year-End Real Estate Audit: Review Your Portfolio With This Stress-Test + Profit Breakdown Amelia McGee, Grace Gudenkauf 00:44:31 In this episode, we sit down for a year-end audit of our real estate portfolios and have an honest conversation about what’s working, what’s creating stress, and where we need to make changes. We talk about why prioritizing our bookkeeping and truly understanding our numbers is essential to making confident decisions, and how identifying our most stressful properties often reveals deeper issues tied to systems, tenant management, or profitability. By breaking things down property by property, we’re able to evaluate not just financial returns, but also the return on our time and energy. In this episode, we sit down for a year-end audit of our real estate portfolios and have an honest conversation about what’s working, what’s creating stress, and where we need to make changes. We talk about why prioritizing our bookkeeping and truly understanding our numbers is essential to making confident decisions, and how identifying our most stressful properties often reveals deeper issues tied to systems, tenant management, or profitability. By breaking things down property by property, we’re able to evaluate not just financial returns, but also the return on our time and energy. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 210 49a65fa6-2eb6-4c8b-8570-5e71ed167d03 WIIRE 209: Top Tax Strategies Every Real Estate Investor Should Know In this episode, real estate CPA Katie Ripp joins us to reveal crucial tax strategies for female real estate investors. Katie debunks persistent myths—like the need for an LLC for more deductions—and explains why understanding depreciation is vital to avoid costly mistakes. She breaks down how to qualify for Real Estate Professional (REP) status and leverage it to offset income, details the “short-term rental loophole” for maximizing Airbnb tax benefits, and simplifies the 1031 exchange for deferring capital gains taxes. 

Whether you’re overwhelmed by taxes or seeking proactive strategies, Katie offers clear, practical advice to stay organized and optimize your wealth. Listeners will also learn about the ongoing support and resources available through the WIIRE Community’s quarterly CPA calls, designed specifically for real estate investors. If you’re ready to master the tax game and grow your portfolio with confidence, this episode gives you the knowledge and encouragement you need. 

 

 

Resources:

]]> Mon, 15 Dec 2025 07:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee, Katie Ripp) https://women-invest-in-real-estate.simplecast.com/episodes/top-tax-strategies-every-real-estate-investor-should-know-HMrFRfib In this episode, real estate CPA Katie Ripp joins us to reveal crucial tax strategies for female real estate investors. Katie debunks persistent myths—like the need for an LLC for more deductions—and explains why understanding depreciation is vital to avoid costly mistakes. She breaks down how to qualify for Real Estate Professional (REP) status and leverage it to offset income, details the “short-term rental loophole” for maximizing Airbnb tax benefits, and simplifies the 1031 exchange for deferring capital gains taxes. 

Whether you’re overwhelmed by taxes or seeking proactive strategies, Katie offers clear, practical advice to stay organized and optimize your wealth. Listeners will also learn about the ongoing support and resources available through the WIIRE Community’s quarterly CPA calls, designed specifically for real estate investors. If you’re ready to master the tax game and grow your portfolio with confidence, this episode gives you the knowledge and encouragement you need. 

 

 

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]]> WIIRE 209: Top Tax Strategies Every Real Estate Investor Should Know Grace Gudenkauf, Amelia McGee, Katie Ripp 00:46:31 In this episode, real estate CPA Katie Ripp joins us to reveal crucial tax strategies for female real estate investors. Katie debunks persistent myths—like the need for an LLC for more deductions—and explains why understanding depreciation is vital to avoid costly mistakes. She breaks down how to qualify for Real Estate Professional (REP) status and leverage it to offset income, details the “short-term rental loophole” for maximizing Airbnb tax benefits, and simplifies the 1031 exchange for deferring capital gains taxes. In this episode, real estate CPA Katie Ripp joins us to reveal crucial tax strategies for female real estate investors. Katie debunks persistent myths—like the need for an LLC for more deductions—and explains why understanding depreciation is vital to avoid costly mistakes. She breaks down how to qualify for Real Estate Professional (REP) status and leverage it to offset income, details the “short-term rental loophole” for maximizing Airbnb tax benefits, and simplifies the 1031 exchange for deferring capital gains taxes. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 209 1fff6952-f510-48e3-b91f-51495210960f WIIRE 208: Why Your Property Isn’t Renting (& How to Fix It In a Week) Struggling to rent out your property despite your best efforts? You’re not alone, and this episode is your essential guide to overcoming stubborn vacancies. Drawing on real stories and expert strategies from the women-focused WIIRE Community, we break down practical steps to get your property moving fast:

  • Diagnose rental issues and know when to pivot strategies
  • Attract and keep tenants with creative incentives, ethical landlording, and effective listing audits
  • Learn why compassion and professionalism deliver returns—and stronger communities
  • Decide when to convert, upgrade, or even sell your property
  • Understand the importance of financial reserves and ongoing support

We share personal experiences and those of female investors to explore how a collaborative approach fosters wealth and enhances neighborhoods. Additionally, access our free property management checklist and discover why you should join the WIIRE Community for valuable ideas, resources, and genuine support. Tune in and turn your challenges into new opportunities with the collective power of women in real estate.

 

 

Resources:

]]> Mon, 8 Dec 2025 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/why-your-property-isnt-renting-how-to-fix-it-in-a-week-8m20q56c Struggling to rent out your property despite your best efforts? You’re not alone, and this episode is your essential guide to overcoming stubborn vacancies. Drawing on real stories and expert strategies from the women-focused WIIRE Community, we break down practical steps to get your property moving fast:

  • Diagnose rental issues and know when to pivot strategies
  • Attract and keep tenants with creative incentives, ethical landlording, and effective listing audits
  • Learn why compassion and professionalism deliver returns—and stronger communities
  • Decide when to convert, upgrade, or even sell your property
  • Understand the importance of financial reserves and ongoing support

We share personal experiences and those of female investors to explore how a collaborative approach fosters wealth and enhances neighborhoods. Additionally, access our free property management checklist and discover why you should join the WIIRE Community for valuable ideas, resources, and genuine support. Tune in and turn your challenges into new opportunities with the collective power of women in real estate.

 

 

Resources:

]]> WIIRE 208: Why Your Property Isn’t Renting (& How to Fix It In a Week) Amelia McGee, Grace Gudenkauf 00:29:29 Struggling to rent out your property despite your best efforts? You’re not alone, and this episode is your essential guide to overcoming stubborn vacancies. Drawing on real stories and expert strategies from the women-focused WIIRE Community, we break down practical steps to get your property moving fast. Struggling to rent out your property despite your best efforts? You’re not alone, and this episode is your essential guide to overcoming stubborn vacancies. Drawing on real stories and expert strategies from the women-focused WIIRE Community, we break down practical steps to get your property moving fast. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 208 ad9c6264-52d4-4172-b1ad-8fa21200af1b WIIRE 207: Stress-Free Tax Season: How Real Estate Investors Can Stay Organized & Save Big In this episode, we demystify tax season for female real estate investors, proving it doesn’t have to be stressful or last-minute. Drawing on our personal experiences, we share practical systems for year-round organization, from mastering 1099 and W-9 requirements to distinguishing between capital expenditures (CapEx) and repairs for smarter tax benefits. 

We also highlight the value of digital bookkeeping tools, such as QuickBooks, and discuss the advantages of hiring a real estate-specific bookkeeper. Additionally, we detail the importance of preparing quarterly estimated tax payments to avoid penalties. The conversation covers setting up digital filing systems for receipts and closing statements, maintaining a Properties Quick Guide, and diligent record-keeping for those pursuing Real Estate Professional Status (REPS). 

You will learn actionable steps to streamline processes, maximize deductions, and work effectively with CPAs. Packed with community resources and honest advice, this episode provides empowering strategies to help you face tax time with confidence and focus on building your real estate success.

 

Resources:

]]> Mon, 1 Dec 2025 07:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/stress-free-tax-season-how-real-estate-investors-can-stay-organized-save-big-G4pRA_nU In this episode, we demystify tax season for female real estate investors, proving it doesn’t have to be stressful or last-minute. Drawing on our personal experiences, we share practical systems for year-round organization, from mastering 1099 and W-9 requirements to distinguishing between capital expenditures (CapEx) and repairs for smarter tax benefits. 

We also highlight the value of digital bookkeeping tools, such as QuickBooks, and discuss the advantages of hiring a real estate-specific bookkeeper. Additionally, we detail the importance of preparing quarterly estimated tax payments to avoid penalties. The conversation covers setting up digital filing systems for receipts and closing statements, maintaining a Properties Quick Guide, and diligent record-keeping for those pursuing Real Estate Professional Status (REPS). 

You will learn actionable steps to streamline processes, maximize deductions, and work effectively with CPAs. Packed with community resources and honest advice, this episode provides empowering strategies to help you face tax time with confidence and focus on building your real estate success.

 

Resources:

]]> WIIRE 207: Stress-Free Tax Season: How Real Estate Investors Can Stay Organized & Save Big Grace Gudenkauf, Amelia McGee 00:33:14 In this episode, we demystify tax season for female real estate investors, proving it doesn’t have to be stressful or last-minute. Drawing on our personal experiences, we share practical systems for year-round organization, from mastering 1099 and W-9 requirements to distinguishing between capital expenditures (CapEx) and repairs for smarter tax benefits. In this episode, we demystify tax season for female real estate investors, proving it doesn’t have to be stressful or last-minute. Drawing on our personal experiences, we share practical systems for year-round organization, from mastering 1099 and W-9 requirements to distinguishing between capital expenditures (CapEx) and repairs for smarter tax benefits. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 207 c2988ae0-fbc5-411c-96bf-7471c6e77a26 WIIRE 206: Mastering Tenant Turnovers: How to Get Units Rent-Ready in Record Time In this episode, we explore a five-step turnover system designed to help female real estate investors streamline rental transitions, making them smooth, fast, and profitable. Drawing from personal experience and expert insights, we explain how effective documentation—from appliance details to paint colors—streamlines turnovers and cuts costs. We emphasize clear tenant communication regarding lease terms, notices, and fees, and highlight the value of systems such as pre-move-out walkthroughs, timely advertising, and professional cleaning. 

You'll hear real-life anecdotes, tips for automating communication and delegating tasks, and learn the power of using checklists and SOP templates to stay organized—even as a solo manager. Grab our free property management checklist and get your name on the list to be the first to know when doors open to the WIIRE Community! This episode offers practical advice and encouragement to help you minimize vacancies, maximize cash flow, and confidently grow your rental business.

 

 

Resources:

]]> Mon, 24 Nov 2025 07:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/mastering-tenant-turnovers-how-to-get-units-rent-ready-in-record-time-lPTurSXY In this episode, we explore a five-step turnover system designed to help female real estate investors streamline rental transitions, making them smooth, fast, and profitable. Drawing from personal experience and expert insights, we explain how effective documentation—from appliance details to paint colors—streamlines turnovers and cuts costs. We emphasize clear tenant communication regarding lease terms, notices, and fees, and highlight the value of systems such as pre-move-out walkthroughs, timely advertising, and professional cleaning. 

You'll hear real-life anecdotes, tips for automating communication and delegating tasks, and learn the power of using checklists and SOP templates to stay organized—even as a solo manager. Grab our free property management checklist and get your name on the list to be the first to know when doors open to the WIIRE Community! This episode offers practical advice and encouragement to help you minimize vacancies, maximize cash flow, and confidently grow your rental business.

 

 

Resources:

]]> WIIRE 206: Mastering Tenant Turnovers: How to Get Units Rent-Ready in Record Time Grace Gudenkauf, Amelia McGee 00:34:31 In this episode, we explore a five-step turnover system designed to help female real estate investors streamline rental transitions, making them smooth, fast, and profitable. Drawing from personal experience and expert insights, we explain how effective documentation—from appliance details to paint colors—streamlines turnovers and cuts costs. We emphasize clear tenant communication regarding lease terms, notices, and fees, and highlight the value of systems such as pre-move-out walkthroughs, timely advertising, and professional cleaning. In this episode, we explore a five-step turnover system designed to help female real estate investors streamline rental transitions, making them smooth, fast, and profitable. Drawing from personal experience and expert insights, we explain how effective documentation—from appliance details to paint colors—streamlines turnovers and cuts costs. We emphasize clear tenant communication regarding lease terms, notices, and fees, and highlight the value of systems such as pre-move-out walkthroughs, timely advertising, and professional cleaning. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 206 df426656-5042-4042-ad2c-b3a76a99f208 WIIRE 205: When Funding Dries Up: 5 Creative Ways to Find Capital (Even in a Tight Market) In this episode, we open up about the creative strategies we've discovered as female real estate investors to secure capital when traditional funding feels out of reach. We share our experiences with tapping into equity, refinancing, and leveraging our networks, along with creative financing options like seller financing and partnerships. Throughout our journey, we've learned the importance of community, due diligence, and strategic planning.

We've found that accessing our own equity through refinancing or HELOCs and building strong networks has been key to uncovering creative financing options. Understanding return on equity (ROE) has helped us evaluate property performance, and partnerships have provided us with capital, though they require careful due diligence.

Raising private money and exploring creative financing methods like seller financing have been game-changers for us, bridging funding gaps when needed. We've realized that community support is invaluable for sharing resources and advice, and regularly reviewing our portfolio's equity is crucial for strategic planning. These approaches have empowered us to make informed decisions and grow our investments with confidence.

 

 

Resources:

]]> Mon, 17 Nov 2025 07:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/when-funding-dries-up-5-creative-ways-to-find-capital-even-in-a-tight-market-fAKRxbIg In this episode, we open up about the creative strategies we've discovered as female real estate investors to secure capital when traditional funding feels out of reach. We share our experiences with tapping into equity, refinancing, and leveraging our networks, along with creative financing options like seller financing and partnerships. Throughout our journey, we've learned the importance of community, due diligence, and strategic planning.

We've found that accessing our own equity through refinancing or HELOCs and building strong networks has been key to uncovering creative financing options. Understanding return on equity (ROE) has helped us evaluate property performance, and partnerships have provided us with capital, though they require careful due diligence.

Raising private money and exploring creative financing methods like seller financing have been game-changers for us, bridging funding gaps when needed. We've realized that community support is invaluable for sharing resources and advice, and regularly reviewing our portfolio's equity is crucial for strategic planning. These approaches have empowered us to make informed decisions and grow our investments with confidence.

 

 

Resources:

]]> WIIRE 205: When Funding Dries Up: 5 Creative Ways to Find Capital (Even in a Tight Market) Grace Gudenkauf, Amelia McGee 00:33:54 In this episode, we open up about the creative strategies we've discovered as female real estate investors to secure capital when traditional funding feels out of reach. We share our experiences with tapping into equity, refinancing, and leveraging our networks, along with creative financing options like seller financing and partnerships. Throughout our journey, we've learned the importance of community, due diligence, and strategic planning. In this episode, we open up about the creative strategies we've discovered as female real estate investors to secure capital when traditional funding feels out of reach. We share our experiences with tapping into equity, refinancing, and leveraging our networks, along with creative financing options like seller financing and partnerships. Throughout our journey, we've learned the importance of community, due diligence, and strategic planning. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 205 41cf57bf-66d5-410e-b74b-abcf2b7bc762 WIIRE 204: Tiny Home ADU to Construction Company Owner with No Construction Experience Female real estate investor Mtende Roll shares her story about transforming tiny house dreams into a construction empire in this WIIRE episode. Based in Graham, North Carolina, Mtende's journey demonstrates how strategic thinking and hands-on learning can lead to substantial wealth accumulation. 

Starting with a creative house hacking approach, Mtende built an Accessory Dwelling Unit (ADU) that generated additional income. Her diverse portfolio now includes storage facilities, commercial buildings, and 12 long-term rentals. By taking small construction jobs and gradually scaling, she developed a successful construction business alongside her real estate investments. 

As a woman in a male-dominated industry, Mtende emphasizes the importance of obtaining a General Contractor's license and understanding all aspects of the business. Her key strategies include starting small, being adaptable, and leveraging continuous learning. She reveals practical insights for female real estate investors, highlighting how entrepreneurs can create multiple income streams by combining investment and construction expertise. Mtende's story demonstrates that success comes from being willing to get hands-on, learn continuously, and take calculated risks. Aspiring investors can follow her journey on Instagram, gaining inspiration from her innovative approach to real estate and construction.

 

 

Resources:

]]> Mon, 10 Nov 2025 07:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/tiny-home-adu-to-construction-company-owner-with-no-construction-experience-1kBzzKVR Female real estate investor Mtende Roll shares her story about transforming tiny house dreams into a construction empire in this WIIRE episode. Based in Graham, North Carolina, Mtende's journey demonstrates how strategic thinking and hands-on learning can lead to substantial wealth accumulation. 

Starting with a creative house hacking approach, Mtende built an Accessory Dwelling Unit (ADU) that generated additional income. Her diverse portfolio now includes storage facilities, commercial buildings, and 12 long-term rentals. By taking small construction jobs and gradually scaling, she developed a successful construction business alongside her real estate investments. 

As a woman in a male-dominated industry, Mtende emphasizes the importance of obtaining a General Contractor's license and understanding all aspects of the business. Her key strategies include starting small, being adaptable, and leveraging continuous learning. She reveals practical insights for female real estate investors, highlighting how entrepreneurs can create multiple income streams by combining investment and construction expertise. Mtende's story demonstrates that success comes from being willing to get hands-on, learn continuously, and take calculated risks. Aspiring investors can follow her journey on Instagram, gaining inspiration from her innovative approach to real estate and construction.

 

 

Resources:

]]> WIIRE 204: Tiny Home ADU to Construction Company Owner with No Construction Experience Grace Gudenkauf, Amelia McGee 00:42:21 Female real estate investor Mtende Roll shares her story about transforming tiny house dreams into a construction empire in this WIIRE episode. Based in Graham, North Carolina, Mtende's journey demonstrates how strategic thinking and hands-on learning can lead to substantial wealth accumulation. Female real estate investor Mtende Roll shares her story about transforming tiny house dreams into a construction empire in this WIIRE episode. Based in Graham, North Carolina, Mtende's journey demonstrates how strategic thinking and hands-on learning can lead to substantial wealth accumulation. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 204 2b3f28df-28ce-4e09-852d-1363cb677dd9 WIIRE 203: Real Estate This Or That In this week's episode podcast, we're diving into the pros and cons of various real estate investment strategies, including single-family vs. multifamily rentals, long-term vs. short-term rentals, and city vs. rural investing. We discuss the importance of understanding your own financial situation and the risks involved in real estate investing. 

This episode also highlights the value of community support, particularly through the WIIRE community, in navigating the complexities of real estate. We share personal experiences and insights, and encourage you to make informed decisions to leverage community resources for your biggest success!


 

 

Resources:

]]> Mon, 3 Nov 2025 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/real-estate-this-or-that-_KtcdN_8 In this week's episode podcast, we're diving into the pros and cons of various real estate investment strategies, including single-family vs. multifamily rentals, long-term vs. short-term rentals, and city vs. rural investing. We discuss the importance of understanding your own financial situation and the risks involved in real estate investing. 

This episode also highlights the value of community support, particularly through the WIIRE community, in navigating the complexities of real estate. We share personal experiences and insights, and encourage you to make informed decisions to leverage community resources for your biggest success!


 

 

Resources:

]]> WIIRE 203: Real Estate This Or That Amelia McGee, Grace Gudenkauf 00:35:45 In this week's episode podcast, we're diving into the pros and cons of various real estate investment strategies, including single-family vs. multifamily rentals, long-term vs. short-term rentals, and city vs. rural investing. We discuss the importance of understanding your own financial situation and the risks involved in real estate investing. In this week's episode podcast, we're diving into the pros and cons of various real estate investment strategies, including single-family vs. multifamily rentals, long-term vs. short-term rentals, and city vs. rural investing. We discuss the importance of understanding your own financial situation and the risks involved in real estate investing. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 203 a3b1b35f-fef7-4bd7-9183-d631d845b992 WIIRE 202: Systems & Key Performance Indicators for Real Estate Investors In this powerful podcast episode, Marisa Grover reveals the critical importance of implementing robust business systems for real estate investors. Drawing from her experience managing 48 short-term rental units, Marisa shares transformative strategies for building a successful investment business.

The episode explores key challenges investors face, including tracking financial performance and creating efficient operations. Marisa emphasizes the game-changing power of monthly profit and loss statements and demonstrates how systematic approaches can dramatically improve investment outcomes.

You'll learn practical strategies for:

  • Creating clear business systems
  • Tracking essential key performance indicators (KPIs)
  • Managing projects effectively
  • Implementing scalable business processes

Her core message encourages investors to take "messy action" - starting systems implementation even when they're not perfect. By sharing personal stories of rebuilding her business multiple times, Marisa provides both cautionary tales and inspirational insights for female entrepreneurs.

Whether managing short-term rentals or long-term properties, this episode offers actionable advice for creating a more efficient, profitable real estate investment strategy. Marisa proves that systematic thinking can transform a small investment portfolio into a professional, scalable business.

 

 

Resources:

]]> Mon, 27 Oct 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Marisa Grover, Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/systems-key-performance-indicators-for-real-estate-investors-GngRDowR In this powerful podcast episode, Marisa Grover reveals the critical importance of implementing robust business systems for real estate investors. Drawing from her experience managing 48 short-term rental units, Marisa shares transformative strategies for building a successful investment business.

The episode explores key challenges investors face, including tracking financial performance and creating efficient operations. Marisa emphasizes the game-changing power of monthly profit and loss statements and demonstrates how systematic approaches can dramatically improve investment outcomes.

You'll learn practical strategies for:

  • Creating clear business systems
  • Tracking essential key performance indicators (KPIs)
  • Managing projects effectively
  • Implementing scalable business processes

Her core message encourages investors to take "messy action" - starting systems implementation even when they're not perfect. By sharing personal stories of rebuilding her business multiple times, Marisa provides both cautionary tales and inspirational insights for female entrepreneurs.

Whether managing short-term rentals or long-term properties, this episode offers actionable advice for creating a more efficient, profitable real estate investment strategy. Marisa proves that systematic thinking can transform a small investment portfolio into a professional, scalable business.

 

 

Resources:

]]> WIIRE 202: Systems & Key Performance Indicators for Real Estate Investors Marisa Grover, Grace Gudenkauf, Amelia McGee 00:43:12 In this powerful podcast episode, Marisa Grover reveals the critical importance of implementing robust business systems for real estate investors. Drawing from her experience managing 48 short-term rental units, Marisa shares transformative strategies for building a successful investment business. In this powerful podcast episode, Marisa Grover reveals the critical importance of implementing robust business systems for real estate investors. Drawing from her experience managing 48 short-term rental units, Marisa shares transformative strategies for building a successful investment business. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 202 8fab9e6b-afef-4acb-ae7b-44fa7259dbe8 WIIRE 201: Executing Your First Duplex Subdivision Deal as a New Investor Rebecca Thompson transformed her first real estate investment by strategically subdividing a Philadelphia duplex. After joining the WIIRE Community post-divorce, she discovered an off-market property for $265,000 with significant potential. Navigating the subdivision process, Rebecca worked closely with township officials and an engineering firm, investing $7,000 to convert the duplex into two marketable units. Her total renovation cost of $75,000 strategically positioned her for success, ultimately generating $35-$40,000 in profit. 

What distinguishes Rebecca is her problem-solving approach and commitment to learning. By leveraging community mentorship, she overcame the typical obstacles faced by beginner investors. Her method focused on understanding local housing needs, building critical relationships, and remaining adaptable throughout the investment journey.

Rebecca's story illustrates that successful real estate investing isn't about perfection, but about persistent learning, strategic thinking, and willingness to take calculated risks. For female investors feeling intimidated by real estate, her journey proves that with the right mindset and support, significant achievements are possible—even while managing a demanding personal life.

 

Resources:

]]> Mon, 20 Oct 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Rebecca Thompson) https://women-invest-in-real-estate.simplecast.com/episodes/executing-your-first-duplex-subdivision-deal-as-a-new-investor-Z9wsi0hy Rebecca Thompson transformed her first real estate investment by strategically subdividing a Philadelphia duplex. After joining the WIIRE Community post-divorce, she discovered an off-market property for $265,000 with significant potential. Navigating the subdivision process, Rebecca worked closely with township officials and an engineering firm, investing $7,000 to convert the duplex into two marketable units. Her total renovation cost of $75,000 strategically positioned her for success, ultimately generating $35-$40,000 in profit. 

What distinguishes Rebecca is her problem-solving approach and commitment to learning. By leveraging community mentorship, she overcame the typical obstacles faced by beginner investors. Her method focused on understanding local housing needs, building critical relationships, and remaining adaptable throughout the investment journey.

Rebecca's story illustrates that successful real estate investing isn't about perfection, but about persistent learning, strategic thinking, and willingness to take calculated risks. For female investors feeling intimidated by real estate, her journey proves that with the right mindset and support, significant achievements are possible—even while managing a demanding personal life.

 

Resources:

]]> WIIRE 201: Executing Your First Duplex Subdivision Deal as a New Investor Amelia McGee, Grace Gudenkauf, Rebecca Thompson 00:35:40 Rebecca Thompson transformed her first real estate investment by strategically subdividing a Philadelphia duplex. After joining the WIIRE Community post-divorce, she discovered an off-market property for $265,000 with significant potential. Navigating the subdivision process, Rebecca worked closely with township officials and an engineering firm, investing $7,000 to convert the duplex into two marketable units. Her total renovation cost of $75,000 strategically positioned her for success, ultimately generating $35-$40,000 in profit. Rebecca Thompson transformed her first real estate investment by strategically subdividing a Philadelphia duplex. After joining the WIIRE Community post-divorce, she discovered an off-market property for $265,000 with significant potential. Navigating the subdivision process, Rebecca worked closely with township officials and an engineering firm, investing $7,000 to convert the duplex into two marketable units. Her total renovation cost of $75,000 strategically positioned her for success, ultimately generating $35-$40,000 in profit. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 201 6d544fa2-6047-4eb6-8eae-f46c8696642e WIIRE 200: 5 Years of Real Estate Investing: Lessons Learned, Mistakes Made & How We’ve Grown as Investors In our 200th podcast episode, we're revealing our five-year journey from corporate jobs to successful real estate investing. Starting with zero experience in 2020, we quickly learned that success comes from persistent action and strategic learning. Our early years were marked by hustle and extreme frugality. We quit our corporate jobs within two years, acquiring multiple properties through creative financing and bold negotiation. Each mistake became a valuable lesson in building our investment portfolio. 

By 2022-2023, we shifted from pure acquisition to developing systematic approaches. We hired property managers, created business infrastructures, and learned to work smarter. Our 2024-2025 strategy focused on portfolio refinement, including selling high-maintenance properties, diversifying investments, and exploring passive income streams such as short-term rentals. 

Our biggest takeaway? Real estate success is a journey of continuous learning and strategic risk-taking. We went from being scared first-time investors to confident entrepreneurs, proving that with determination and the right mindset, financial freedom is achievable. 

For female investors feeling intimidated: if we can do it, so can you. Your financial independence is waiting!

 

 

 

Resources:

]]> Mon, 13 Oct 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/5-years-of-real-estate-investing-lessons-learned-mistakes-made-how-weve-grown-as-investors-pChi5SIt In our 200th podcast episode, we're revealing our five-year journey from corporate jobs to successful real estate investing. Starting with zero experience in 2020, we quickly learned that success comes from persistent action and strategic learning. Our early years were marked by hustle and extreme frugality. We quit our corporate jobs within two years, acquiring multiple properties through creative financing and bold negotiation. Each mistake became a valuable lesson in building our investment portfolio. 

By 2022-2023, we shifted from pure acquisition to developing systematic approaches. We hired property managers, created business infrastructures, and learned to work smarter. Our 2024-2025 strategy focused on portfolio refinement, including selling high-maintenance properties, diversifying investments, and exploring passive income streams such as short-term rentals. 

Our biggest takeaway? Real estate success is a journey of continuous learning and strategic risk-taking. We went from being scared first-time investors to confident entrepreneurs, proving that with determination and the right mindset, financial freedom is achievable. 

For female investors feeling intimidated: if we can do it, so can you. Your financial independence is waiting!

 

 

 

Resources:

]]> WIIRE 200: 5 Years of Real Estate Investing: Lessons Learned, Mistakes Made & How We’ve Grown as Investors Amelia McGee, Grace Gudenkauf 00:47:49 In our 200th podcast episode, we're revealing our five-year journey from corporate jobs to successful real estate investing. Starting with zero experience in 2020, we quickly learned that success comes from persistent action and strategic learning. Our early years were marked by hustle and extreme frugality. We quit our corporate jobs within two years, acquiring multiple properties through creative financing and bold negotiation. Each mistake became a valuable lesson in building our investment portfolio. In our 200th podcast episode, we're revealing our five-year journey from corporate jobs to successful real estate investing. Starting with zero experience in 2020, we quickly learned that success comes from persistent action and strategic learning. Our early years were marked by hustle and extreme frugality. We quit our corporate jobs within two years, acquiring multiple properties through creative financing and bold negotiation. Each mistake became a valuable lesson in building our investment portfolio. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 200 f4f2fead-2193-450e-a418-cd571487e0a6 WIIRE 199: Why Women Second-Guess Their Investing Decisions (and How to Stop) In this podcast episode, we dive deep into why women often struggle with analysis paralysis in real estate investing. As female investors, we understand the psychological barriers that hold us back - from social conditioning to perfectionism and fear of making mistakes. We share practical strategies for overcoming these challenges, including creating a precise investment Buy Box, starting with low-risk properties, and tracking personal wins and lessons learned. We emphasize how critical community support is in transforming hesitation into confident action. 

Through our personal stories and experiences from successful female investors, we reveal that second-guessing is normal but shouldn't prevent wealth building. We encourage you to trust your own research, embrace imperfect first investments, and take bold steps in real estate. 

Our key message this week is simple: you don't need to be perfect to start investing. Whether it's a small duplex or a partnership investment, taking action is more important than waiting for the ideal moment. We've learned that surrounding yourself with supportive investors can dramatically shift your mindset and accelerate your investment journey. By understanding these barriers and implementing strategic tools, women can confidently build their real estate portfolios and create lasting financial success.

 

 

Resources:

]]> Mon, 6 Oct 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/why-women-second-guess-their-investing-decisions-and-how-to-stop-tXgEYBU2 In this podcast episode, we dive deep into why women often struggle with analysis paralysis in real estate investing. As female investors, we understand the psychological barriers that hold us back - from social conditioning to perfectionism and fear of making mistakes. We share practical strategies for overcoming these challenges, including creating a precise investment Buy Box, starting with low-risk properties, and tracking personal wins and lessons learned. We emphasize how critical community support is in transforming hesitation into confident action. 

Through our personal stories and experiences from successful female investors, we reveal that second-guessing is normal but shouldn't prevent wealth building. We encourage you to trust your own research, embrace imperfect first investments, and take bold steps in real estate. 

Our key message this week is simple: you don't need to be perfect to start investing. Whether it's a small duplex or a partnership investment, taking action is more important than waiting for the ideal moment. We've learned that surrounding yourself with supportive investors can dramatically shift your mindset and accelerate your investment journey. By understanding these barriers and implementing strategic tools, women can confidently build their real estate portfolios and create lasting financial success.

 

 

Resources:

]]> WIIRE 199: Why Women Second-Guess Their Investing Decisions (and How to Stop) Grace Gudenkauf, Amelia McGee 00:32:55 In this podcast episode, we dive deep into why women often struggle with analysis paralysis in real estate investing. As female investors, we understand the psychological barriers that hold us back - from social conditioning to perfectionism and fear of making mistakes. We share practical strategies for overcoming these challenges, including creating a precise investment Buy Box, starting with low-risk properties, and tracking personal wins and lessons learned. We emphasize how critical community support is in transforming hesitation into confident action. In this podcast episode, we dive deep into why women often struggle with analysis paralysis in real estate investing. As female investors, we understand the psychological barriers that hold us back - from social conditioning to perfectionism and fear of making mistakes. We share practical strategies for overcoming these challenges, including creating a precise investment Buy Box, starting with low-risk properties, and tracking personal wins and lessons learned. We emphasize how critical community support is in transforming hesitation into confident action. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 199 b75d2acf-974d-4b3a-b0f4-e6bc259ef239 WIIRE 198: Cosmetic Rental Property Upgrades That Boost Your ROI As real estate investors, we've learned that strategic cosmetic upgrades can significantly increase our rental property income and attract quality tenants. We've discovered that focusing on kitchen and bathroom improvements provides the biggest bang for our buck. Our go-to strategies include updating backsplashes, installing modern faucets, and choosing durable vanities that look great and minimize maintenance headaches. 

We've found that water-efficient fixtures and timeless finishes not only attract better tenants but also reduce our long-term repair costs. Some of our favorite quick upgrades include:

  • Adding floating shelves for extra storage
  • Creating accent walls with strategic paint choices
  • Installing bedroom ceiling fans
  • Upgrading to luxury vinyl plank flooring
  • Replacing outdated appliances
  • Adding in-unit laundry capabilities

By carefully analyzing local rental comps and investing in smart, targeted improvements, we've been able to command higher rents and keep our properties competitive. These upgrades aren't just about looking good - they're about creating value that puts more money in our pockets. For any investor looking to maximize their rental property potential, these cosmetic upgrades are a game-changer.

We want to hear from you. What are some of your high-impact upgrades that you see a great return on? Drop us a DM on Instagram or pop into our inbox at hello@womeninvestinrealestate.com!

 

 

Resources:

]]> Mon, 29 Sep 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/cosmetic-rental-property-upgrades-that-boost-your-roi-rNcld7_O As real estate investors, we've learned that strategic cosmetic upgrades can significantly increase our rental property income and attract quality tenants. We've discovered that focusing on kitchen and bathroom improvements provides the biggest bang for our buck. Our go-to strategies include updating backsplashes, installing modern faucets, and choosing durable vanities that look great and minimize maintenance headaches. 

We've found that water-efficient fixtures and timeless finishes not only attract better tenants but also reduce our long-term repair costs. Some of our favorite quick upgrades include:

  • Adding floating shelves for extra storage
  • Creating accent walls with strategic paint choices
  • Installing bedroom ceiling fans
  • Upgrading to luxury vinyl plank flooring
  • Replacing outdated appliances
  • Adding in-unit laundry capabilities

By carefully analyzing local rental comps and investing in smart, targeted improvements, we've been able to command higher rents and keep our properties competitive. These upgrades aren't just about looking good - they're about creating value that puts more money in our pockets. For any investor looking to maximize their rental property potential, these cosmetic upgrades are a game-changer.

We want to hear from you. What are some of your high-impact upgrades that you see a great return on? Drop us a DM on Instagram or pop into our inbox at hello@womeninvestinrealestate.com!

 

 

Resources:

]]> WIIRE 198: Cosmetic Rental Property Upgrades That Boost Your ROI Amelia McGee, Grace Gudenkauf 00:40:36 As real estate investors, we've learned that strategic cosmetic upgrades can significantly increase our rental property income and attract quality tenants. We've discovered that focusing on kitchen and bathroom improvements provides the biggest bang for our buck. Our go-to strategies include updating backsplashes, installing modern faucets, and choosing durable vanities that look great and minimize maintenance headaches. As real estate investors, we've learned that strategic cosmetic upgrades can significantly increase our rental property income and attract quality tenants. We've discovered that focusing on kitchen and bathroom improvements provides the biggest bang for our buck. Our go-to strategies include updating backsplashes, installing modern faucets, and choosing durable vanities that look great and minimize maintenance headaches. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 198 8d254687-7bc6-48c2-8c64-ab9b0e1f84db WIIRE 197: Leveraging Capital Partners To Get Unstuck & Buy Multifamily Real Estate Welcome back, friends! In this episode of the podcast, we welcome back Jessie Dillon, a seasoned real estate investor who shares her journey from feeling stuck with 17 units to achieving her goal of 50 units. Jessie opens up about the challenges she faced, including a year and a half of stagnation, and how she leveraged capital partners to reignite her growth. She emphasizes the importance of patience, divine timing, and the power of planting seeds for future success. 

Jessie also discusses the significance of authentic partnerships and trusting one's intuition, especially for women in real estate. Tune in to learn how Jessie navigated insurance and lending hurdles, and her plans to pivot into self-storage for greater cash flow and be sure to tune into other episodes Jessie joined us on:

Whether you're a seasoned investor or just starting, Jessie's insights offer valuable lessons on resilience and strategic growth in the real estate market.

 

 

Resources:

]]> Mon, 22 Sep 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee, Jessie Dillon) https://women-invest-in-real-estate.simplecast.com/episodes/leveraging-capital-partners-to-get-unstuck-buy-multifamily-real-estate-0JX8h28_ Welcome back, friends! In this episode of the podcast, we welcome back Jessie Dillon, a seasoned real estate investor who shares her journey from feeling stuck with 17 units to achieving her goal of 50 units. Jessie opens up about the challenges she faced, including a year and a half of stagnation, and how she leveraged capital partners to reignite her growth. She emphasizes the importance of patience, divine timing, and the power of planting seeds for future success. 

Jessie also discusses the significance of authentic partnerships and trusting one's intuition, especially for women in real estate. Tune in to learn how Jessie navigated insurance and lending hurdles, and her plans to pivot into self-storage for greater cash flow and be sure to tune into other episodes Jessie joined us on:

Whether you're a seasoned investor or just starting, Jessie's insights offer valuable lessons on resilience and strategic growth in the real estate market.

 

 

Resources:

]]> WIIRE 197: Leveraging Capital Partners To Get Unstuck & Buy Multifamily Real Estate Grace Gudenkauf, Amelia McGee, Jessie Dillon 00:41:17 Welcome back, friends! In this episode of the podcast, we welcome back Jessie Dillon, a seasoned real estate investor who shares her journey from feeling stuck with 17 units to achieving her goal of 50 units. Jessie opens up about the challenges she faced, including a year and a half of stagnation, and how she leveraged capital partners to reignite her growth. She emphasizes the importance of patience, divine timing, and the power of planting seeds for future success. Welcome back, friends! In this episode of the podcast, we welcome back Jessie Dillon, a seasoned real estate investor who shares her journey from feeling stuck with 17 units to achieving her goal of 50 units. Jessie opens up about the challenges she faced, including a year and a half of stagnation, and how she leveraged capital partners to reignite her growth. She emphasizes the importance of patience, divine timing, and the power of planting seeds for future success. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 197 7fed1bcf-3219-4668-ae8d-011643224c1d WIIRE 196: Is Being A Landlord Ethical? In this episode, we explore the world of real estate investment and the ethical considerations of being a landlord. We discuss the importance of financial stability, creating generational wealth, and how responsible practices lead to better ROI. Discover how to transform neglected properties into community assets and the impact of reinvesting in communities.

We delve into the ethical debate around landlording, emphasizing the importance of doing it right. Transforming communities through responsible real estate investment is a key focus, highlighting how financial stability serves as a cornerstone of ethical landlording. Through real-life stories, we illustrate the process of turning neglected properties into valuable community assets, showcasing the positive impact of reinvesting in local areas.

 

 

Resources:

]]> Mon, 15 Sep 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/is-being-a-landlord-ethical-V2unBxQX In this episode, we explore the world of real estate investment and the ethical considerations of being a landlord. We discuss the importance of financial stability, creating generational wealth, and how responsible practices lead to better ROI. Discover how to transform neglected properties into community assets and the impact of reinvesting in communities.

We delve into the ethical debate around landlording, emphasizing the importance of doing it right. Transforming communities through responsible real estate investment is a key focus, highlighting how financial stability serves as a cornerstone of ethical landlording. Through real-life stories, we illustrate the process of turning neglected properties into valuable community assets, showcasing the positive impact of reinvesting in local areas.

 

 

Resources:

]]> WIIRE 196: Is Being A Landlord Ethical? Grace Gudenkauf, Amelia McGee 00:32:35 In this episode, we explore the world of real estate investment and the ethical considerations of being a landlord. We discuss the importance of financial stability, creating generational wealth, and how responsible practices lead to better ROI. Discover how to transform neglected properties into community assets and the impact of reinvesting in communities. In this episode, we explore the world of real estate investment and the ethical considerations of being a landlord. We discuss the importance of financial stability, creating generational wealth, and how responsible practices lead to better ROI. Discover how to transform neglected properties into community assets and the impact of reinvesting in communities. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 196 9a3f1535-2670-4fc6-b665-5db19964dc3c WIIRE 195: How Depreciation Recapture Works When Selling a Rental In this episode, we delve into the complexities of depreciation recapture, a crucial concept for real estate investors. We share personal experiences and insights on how this affects tax strategy when selling rental properties. Discover why having a CPA is crucial, and explore techniques such as 1031 exchanges to optimize your investments.

A few key takeaways are...

  • Understanding depreciation recapture and its impact on taxes
  • The importance of a CPA in real estate investing
  • Real-life examples of managing property sales and tax implications
  • Plus, hear strategies to defer taxes, including 1031 exchanges

Want more? Join us on Wednesday, September 17, for our free webinar, Rental Management Made Easy: Earn More, Stress Less. Seats will fill up quickly, so act fast to secure yours now!

 

 

Resources:

]]> Mon, 8 Sep 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/how-depreciation-recapture-works-when-selling-a-rental-e5j2PVNa In this episode, we delve into the complexities of depreciation recapture, a crucial concept for real estate investors. We share personal experiences and insights on how this affects tax strategy when selling rental properties. Discover why having a CPA is crucial, and explore techniques such as 1031 exchanges to optimize your investments.

A few key takeaways are...

  • Understanding depreciation recapture and its impact on taxes
  • The importance of a CPA in real estate investing
  • Real-life examples of managing property sales and tax implications
  • Plus, hear strategies to defer taxes, including 1031 exchanges

Want more? Join us on Wednesday, September 17, for our free webinar, Rental Management Made Easy: Earn More, Stress Less. Seats will fill up quickly, so act fast to secure yours now!

 

 

Resources:

]]> WIIRE 195: How Depreciation Recapture Works When Selling a Rental Grace Gudenkauf, Amelia McGee 00:29:40 In this episode, we delve into the complexities of depreciation recapture, a crucial concept for real estate investors. We share personal experiences and insights on how this affects tax strategy when selling rental properties. Discover why having a CPA is crucial, and explore techniques such as 1031 exchanges to optimize your investments. In this episode, we delve into the complexities of depreciation recapture, a crucial concept for real estate investors. We share personal experiences and insights on how this affects tax strategy when selling rental properties. Discover why having a CPA is crucial, and explore techniques such as 1031 exchanges to optimize your investments. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 195 36e980d3-e507-4c68-87e9-1a6b2c141e87 WIIRE 194: Creative Finance Deal Gone Wrong: 6 Mistakes I Made & Why I Paid to Sell My Rental In this episode of the WIIRE podcast, we explore the intricacies of creative financing in real estate. Grace candidly shares her journey with a rental property acquired through creative financing, highlighting the challenges she faced and the valuable lessons learned. The discussion covers acquisition strategies, tenant management, and the critical role of location in real estate investing. 

Key insights include the importance of thorough due diligence when engaging in creative financing, the necessity of purchasing properties in great neighborhoods, and the potential pitfalls of rent-to-own agreements. As Grace's experience grows, so does her investment criteria, offering listeners a glimpse into the evolving nature of real estate strategies. Don't miss out on these insights—subscribe now to stay informed on the latest real estate trends and strategies!

 

 

Resources:

]]> Mon, 1 Sep 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/creative-finance-deal-gone-wrong-6-mistakes-i-made-why-i-paid-to-sell-my-rental-Iovmj1_9 In this episode of the WIIRE podcast, we explore the intricacies of creative financing in real estate. Grace candidly shares her journey with a rental property acquired through creative financing, highlighting the challenges she faced and the valuable lessons learned. The discussion covers acquisition strategies, tenant management, and the critical role of location in real estate investing. 

Key insights include the importance of thorough due diligence when engaging in creative financing, the necessity of purchasing properties in great neighborhoods, and the potential pitfalls of rent-to-own agreements. As Grace's experience grows, so does her investment criteria, offering listeners a glimpse into the evolving nature of real estate strategies. Don't miss out on these insights—subscribe now to stay informed on the latest real estate trends and strategies!

 

 

Resources:

]]> WIIRE 194: Creative Finance Deal Gone Wrong: 6 Mistakes I Made & Why I Paid to Sell My Rental Amelia McGee, Grace Gudenkauf 00:33:18 In this episode of the WIIRE podcast, we explore the intricacies of creative financing in real estate. Grace candidly shares her journey with a rental property acquired through creative financing, highlighting the challenges she faced and the valuable lessons learned. The discussion covers acquisition strategies, tenant management, and the critical role of location in real estate investing. In this episode of the WIIRE podcast, we explore the intricacies of creative financing in real estate. Grace candidly shares her journey with a rental property acquired through creative financing, highlighting the challenges she faced and the valuable lessons learned. The discussion covers acquisition strategies, tenant management, and the critical role of location in real estate investing. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 194 539049b1-6b43-4dcc-9a4b-49e49574d1d1 WIIRE 193: Midterm Rentals Made Easy: Systems, Corporate Clients & Staying Competitive Join me this week as I chat with James Hwang, a standout midterm rental (MTR) operator and New York City oncology pharmacist. James shares his journey from a W-2 job to real estate investing, focusing on midterm rental management.

Key Insights:

  • Real Estate Journey: James discusses his transition into real estate, emphasizing the pivotal moments that led him to MTR management.
  • Stellar Housing Solutions: Learn how James and his partners manage over 20 MTR units, leveraging local referrals and corporate clients.
  • Competitive Edge: Discover the importance of professional photos, strategic listing descriptions, and targeting corporate housing clients.
  • Swiss Cheese Effect: James explains this approach to systematizing operations, ensuring seamless guest experiences.
  • Top Amenities: Explore must-have amenities like in-unit laundry, pet-friendly spaces, and off-street parking.

James's insights are invaluable for real estate professionals. Connect with him on Instagram or visit his website.

 

 

Resources:

]]> Mon, 25 Aug 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, James Hwang) https://women-invest-in-real-estate.simplecast.com/episodes/midterm-rentals-made-easy-systems-corporate-clients-staying-competitive-hN6XHFcC Join me this week as I chat with James Hwang, a standout midterm rental (MTR) operator and New York City oncology pharmacist. James shares his journey from a W-2 job to real estate investing, focusing on midterm rental management.

Key Insights:

  • Real Estate Journey: James discusses his transition into real estate, emphasizing the pivotal moments that led him to MTR management.
  • Stellar Housing Solutions: Learn how James and his partners manage over 20 MTR units, leveraging local referrals and corporate clients.
  • Competitive Edge: Discover the importance of professional photos, strategic listing descriptions, and targeting corporate housing clients.
  • Swiss Cheese Effect: James explains this approach to systematizing operations, ensuring seamless guest experiences.
  • Top Amenities: Explore must-have amenities like in-unit laundry, pet-friendly spaces, and off-street parking.

James's insights are invaluable for real estate professionals. Connect with him on Instagram or visit his website.

 

 

Resources:

]]> WIIRE 193: Midterm Rentals Made Easy: Systems, Corporate Clients & Staying Competitive Amelia McGee, Grace Gudenkauf, James Hwang 00:43:15 Join me this week as I chat with James Hwang, a standout midterm rental (MTR) operator and New York City oncology pharmacist. James shares his journey from a W-2 job to real estate investing, focusing on midterm rental management. Join me this week as I chat with James Hwang, a standout midterm rental (MTR) operator and New York City oncology pharmacist. James shares his journey from a W-2 job to real estate investing, focusing on midterm rental management. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 193 be4716e5-d388-40fd-84d6-0198fea9ee1c WIIRE 192: She Wrote Seller Letters for 10 Months to Land One Off-Market Deal In this episode, Tayler Monigold dives into her journey of perseverance in real estate investing. Starting in 2020, she was determined to break free from renting and bought her first single-family home. Inspired by "Rich Dad Poor Dad," she ventured into house hacking with a duplex. 

Over 10 months, she wrote letters to find off-market deals, learning the importance of consistency and creative financing. This story highlights the power of networking, mindset shifts, and the value of having a supportive community. 

Join us as we share insights on navigating the real estate market, overcoming challenges, and achieving financial freedom.

 

 

Resources:

]]> Mon, 18 Aug 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/she-wrote-seller-letters-for-10-months-to-land-one-off-market-deal-_I7xoZYk In this episode, Tayler Monigold dives into her journey of perseverance in real estate investing. Starting in 2020, she was determined to break free from renting and bought her first single-family home. Inspired by "Rich Dad Poor Dad," she ventured into house hacking with a duplex. 

Over 10 months, she wrote letters to find off-market deals, learning the importance of consistency and creative financing. This story highlights the power of networking, mindset shifts, and the value of having a supportive community. 

Join us as we share insights on navigating the real estate market, overcoming challenges, and achieving financial freedom.

 

 

Resources:

]]> WIIRE 192: She Wrote Seller Letters for 10 Months to Land One Off-Market Deal Amelia McGee, Grace Gudenkauf 00:47:19 In this episode, Tayler Monigold dives into her journey of perseverance in real estate investing. Starting in 2020, she was determined to break free from renting and bought her first single-family home. Inspired by "Rich Dad Poor Dad," she ventured into house hacking with a du In this episode, Tayler Monigold dives into her journey of perseverance in real estate investing. Starting in 2020, she was determined to break free from renting and bought her first single-family home. Inspired by "Rich Dad Poor Dad," she ventured into house hacking with a du rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 192 be23e6da-4dd5-439f-87f9-84b7615b8d2e WIIRE 191: How To Leverage A Small Local Bank As A Real Estate Investor In this episode of the podcast, we dive into the power of small local banks (SLBs) for real estate investors. Discover how SLBs can be game-changers, offering personalized service and flexible terms that big banks can't match. We share our experiences with 100% financing and construction loans, and provide tips on building strong relationships with SLBs. Don't miss our insights on leveraging these banks to expand your real estate portfolio!

 

 

Resources:

]]> Mon, 11 Aug 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/how-to-leverage-a-small-local-bank-as-a-real-estate-investor-ANTcksCe In this episode of the podcast, we dive into the power of small local banks (SLBs) for real estate investors. Discover how SLBs can be game-changers, offering personalized service and flexible terms that big banks can't match. We share our experiences with 100% financing and construction loans, and provide tips on building strong relationships with SLBs. Don't miss our insights on leveraging these banks to expand your real estate portfolio!

 

 

Resources:

]]> WIIRE 191: How To Leverage A Small Local Bank As A Real Estate Investor Amelia McGee, Grace Gudenkauf 00:31:37 In this episode of the podcast, we dive into the power of small local banks (SLBs) for real estate investors. Discover how SLBs can be game-changers, offering personalized service and flexible terms that big banks can't match. We share our experiences with 100% financing and construction loans, and provide tips on building strong relationships with SLBs. Don't miss our insights on leveraging these banks to expand your real estate portfolio! In this episode of the podcast, we dive into the power of small local banks (SLBs) for real estate investors. Discover how SLBs can be game-changers, offering personalized service and flexible terms that big banks can't match. We share our experiences with 100% financing and construction loans, and provide tips on building strong relationships with SLBs. Don't miss our insights on leveraging these banks to expand your real estate portfolio! rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 191 562059a3-499c-4ab9-b127-d77fdb04f26d WIIRE 190: Buying 17 Properties In Only 1 Year This week on the podcast, we have the pleasure of chatting with Zoe Getzels, who shares her incredible journey from van-life to owning 29 rental properties in just two years. 

Key takeaways you won't want to miss include the importance of overcoming the fear of starting, leveraging local lenders as valuable resources, and the power of networking—even sliding into DMs can lead to great opportunities! Zoe's story is a testament to the fact that real estate investing isn't rocket science; it's about taking action and learning as you go. Tune in to hear more about her strategies and insights!

 

 

Resources:

]]> Mon, 4 Aug 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee, Zoe Getzels) https://women-invest-in-real-estate.simplecast.com/episodes/buying-17-properties-in-only-1-year-ynTMwvl8 This week on the podcast, we have the pleasure of chatting with Zoe Getzels, who shares her incredible journey from van-life to owning 29 rental properties in just two years. 

Key takeaways you won't want to miss include the importance of overcoming the fear of starting, leveraging local lenders as valuable resources, and the power of networking—even sliding into DMs can lead to great opportunities! Zoe's story is a testament to the fact that real estate investing isn't rocket science; it's about taking action and learning as you go. Tune in to hear more about her strategies and insights!

 

 

Resources:

]]> WIIRE 190: Buying 17 Properties In Only 1 Year Grace Gudenkauf, Amelia McGee, Zoe Getzels 00:36:23 This week on the podcast, we have the pleasure of chatting with Zoe Getzels, who shares her incredible journey from van-life to owning 29 rental properties in just two years. This week on the podcast, we have the pleasure of chatting with Zoe Getzels, who shares her incredible journey from van-life to owning 29 rental properties in just two years. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 190 a151fd65-d17b-423f-acf8-390b8aca1f1d WIIRE 189: Beginner Real Estate Investor? Here’s Exactly What We’d Do First In this episode of the podcast, we dive into the essentials of starting fresh in real estate investing. Reflecting on our journey, we share actionable insights for beginner investors, including the power of house hacking, the importance of analyzing deals, and the value of surrounding yourself with a community of like-minded investors. 

Discover how living in and renting out a multi-unit property can be a game-changer for new investors. Learn the four-square method to evaluate potential investments effectively, and understand why connecting with other investors can accelerate your success!

 

 

Resources:

]]> Mon, 28 Jul 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/beginner-real-estate-investor-heres-exactly-what-wed-do-first-FszEPmAc In this episode of the podcast, we dive into the essentials of starting fresh in real estate investing. Reflecting on our journey, we share actionable insights for beginner investors, including the power of house hacking, the importance of analyzing deals, and the value of surrounding yourself with a community of like-minded investors. 

Discover how living in and renting out a multi-unit property can be a game-changer for new investors. Learn the four-square method to evaluate potential investments effectively, and understand why connecting with other investors can accelerate your success!

 

 

Resources:

]]> WIIRE 189: Beginner Real Estate Investor? Here’s Exactly What We’d Do First Grace Gudenkauf, Amelia McGee 00:28:25 In this episode of the podcast, we dive into the essentials of starting fresh in real estate investing. Reflecting on our journey, we share actionable insights for beginner investors, including the power of house hacking, the importance of analyzing deals, and the value of surrounding yourself with a community of like-minded investors. In this episode of the podcast, we dive into the essentials of starting fresh in real estate investing. Reflecting on our journey, we share actionable insights for beginner investors, including the power of house hacking, the importance of analyzing deals, and the value of surrounding yourself with a community of like-minded investors. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 189 3a4f892a-6218-4e7a-aee6-81b02db15241 WIIRE 188: From Fear to $1M: How Two WIIRE Women Closed a Multifamily Deal in Chicago Through Partnership In this episode, we had the pleasure of speaking with Missy Tracy, a member of our WIIRE Community, about her inspiring journey into real estate investing. Missy shared how she accidentally stumbled into real estate ten years ago due to her dog and has since grown her portfolio with strategic partnerships. We delved into her recent collaboration with Jessie Dillon, highlighting the importance of aligning goals and values in a partnership. Missy emphasized the significance of being a passive investor to achieve financial independence and live a nomadic lifestyle. We also discussed the value of financial literacy and the supportive environment within the WIIRE Community. 

Missy's story is a testament to the power of intentional investing and the benefits of learning from a community of like-minded individuals. Tune in to hear more about Missy's journey and her insights on building a successful real estate portfolio.

 

 

Resources:

]]> Mon, 21 Jul 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee, Missy Tracy) https://women-invest-in-real-estate.simplecast.com/episodes/from-fear-to-1m-how-two-wiire-women-closed-a-multifamily-deal-in-chicago-through-partnership-D4l8gQJ9 In this episode, we had the pleasure of speaking with Missy Tracy, a member of our WIIRE Community, about her inspiring journey into real estate investing. Missy shared how she accidentally stumbled into real estate ten years ago due to her dog and has since grown her portfolio with strategic partnerships. We delved into her recent collaboration with Jessie Dillon, highlighting the importance of aligning goals and values in a partnership. Missy emphasized the significance of being a passive investor to achieve financial independence and live a nomadic lifestyle. We also discussed the value of financial literacy and the supportive environment within the WIIRE Community. 

Missy's story is a testament to the power of intentional investing and the benefits of learning from a community of like-minded individuals. Tune in to hear more about Missy's journey and her insights on building a successful real estate portfolio.

 

 

Resources:

]]> WIIRE 188: From Fear to $1M: How Two WIIRE Women Closed a Multifamily Deal in Chicago Through Partnership Grace Gudenkauf, Amelia McGee, Missy Tracy 00:31:21 In this episode, we had the pleasure of speaking with Missy Tracy, a member of our WIIRE Community, about her inspiring journey into real estate investing. Missy shared how she accidentally stumbled into real estate ten years ago due to her dog and has since grown her portfolio with strategic partnerships. We delved into her recent collaboration with Jessie Dillon, highlighting the importance of aligning goals and values in a partnership. Missy emphasized the significance of being a passive investor to achieve financial independence and live a nomadic lifestyle. We also discussed the value of financial literacy and the supportive environment within the WIIRE Community. In this episode, we had the pleasure of speaking with Missy Tracy, a member of our WIIRE Community, about her inspiring journey into real estate investing. Missy shared how she accidentally stumbled into real estate ten years ago due to her dog and has since grown her portfolio with strategic partnerships. We delved into her recent collaboration with Jessie Dillon, highlighting the importance of aligning goals and values in a partnership. Missy emphasized the significance of being a passive investor to achieve financial independence and live a nomadic lifestyle. We also discussed the value of financial literacy and the supportive environment within the WIIRE Community. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 188 ae75250c-0bc2-4bfd-b7c5-9d6208316339 WIIRE 187: Behind the Scenes: The Story of Building WIIRE Part 3 In this episode, we wrap up our three-part series on the history of WIIRE by diving into the key moments and decisions that have shaped our journey. We reflect on the genuine need that inspired WIIRE, the role community feedback has played in our growth, and the exciting evolution of our offerings, like CEO Bootcamp and the WIIRE Community itself. 

We also share what it was like to hire our first employees and how building a dedicated team has elevated everything we do. From authenticity and consistency to partnerships and future plans, this episode highlights what has made WIIRE thrive and where we’re headed next!

 

 

Resources:

]]> Mon, 14 Jul 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/behind-the-scenes-the-story-of-building-wiire-part-3-DqtHQlz5 In this episode, we wrap up our three-part series on the history of WIIRE by diving into the key moments and decisions that have shaped our journey. We reflect on the genuine need that inspired WIIRE, the role community feedback has played in our growth, and the exciting evolution of our offerings, like CEO Bootcamp and the WIIRE Community itself. 

We also share what it was like to hire our first employees and how building a dedicated team has elevated everything we do. From authenticity and consistency to partnerships and future plans, this episode highlights what has made WIIRE thrive and where we’re headed next!

 

 

Resources:

]]> WIIRE 187: Behind the Scenes: The Story of Building WIIRE Part 3 Grace Gudenkauf, Amelia McGee 00:55:03 In this episode, we wrap up our three-part series on the history of WIIRE by diving into the key moments and decisions that have shaped our journey. We reflect on the genuine need that inspired WIIRE, the role community feedback has played in our growth, and the exciting evolution of our offerings, like CEO Bootcamp and the WIIRE Community itself. In this episode, we wrap up our three-part series on the history of WIIRE by diving into the key moments and decisions that have shaped our journey. We reflect on the genuine need that inspired WIIRE, the role community feedback has played in our growth, and the exciting evolution of our offerings, like CEO Bootcamp and the WIIRE Community itself. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 187 48458f5c-acd8-47f1-a441-f0db4df7bd8a WIIRE 186: Behind the Scenes: The Story of Building WIIRE Part 2 In this episode, we’re reflecting on the evolution of WIIRE and everything we’ve learned from building a community of women in real estate. When we first launched our membership, we had no idea what we were getting into—and it showed. We talk candidly about why we ended up shutting that first version down, what we learned about pricing and commitment, and how we’ve refined our approach to make the experience more valuable for our members.

If you haven't listened to Episode 185, make sure to check it out!

We share how retreats have become a cornerstone of deeper connection, how podcasting helped grow our reach, and what it was like to write our first book—a huge milestone for us. This journey hasn’t been easy, but it has been full of lessons, especially around authenticity, leadership, and continually improving what we offer. If you’re curious about the behind-the-scenes of community building, the importance of metrics, or what it’s like to pivot and grow, this episode is for you.

Is there a topic you'd like us to cover in an upcoming episode? DM us on Instagram and let us know!

 

 

Resources:

]]> Mon, 7 Jul 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/behind-the-scenes-the-story-of-building-wiire-part-2-FhXzcWFt In this episode, we’re reflecting on the evolution of WIIRE and everything we’ve learned from building a community of women in real estate. When we first launched our membership, we had no idea what we were getting into—and it showed. We talk candidly about why we ended up shutting that first version down, what we learned about pricing and commitment, and how we’ve refined our approach to make the experience more valuable for our members.

If you haven't listened to Episode 185, make sure to check it out!

We share how retreats have become a cornerstone of deeper connection, how podcasting helped grow our reach, and what it was like to write our first book—a huge milestone for us. This journey hasn’t been easy, but it has been full of lessons, especially around authenticity, leadership, and continually improving what we offer. If you’re curious about the behind-the-scenes of community building, the importance of metrics, or what it’s like to pivot and grow, this episode is for you.

Is there a topic you'd like us to cover in an upcoming episode? DM us on Instagram and let us know!

 

 

Resources:

]]> WIIRE 186: Behind the Scenes: The Story of Building WIIRE Part 2 Amelia McGee, Grace Gudenkauf 00:31:11 In this episode, we’re reflecting on the evolution of WIIRE and everything we’ve learned from building a community of women in real estate. When we first launched our membership, we had no idea what we were getting into—and it showed. We talk candidly about why we ended up shutting that first version down, what we learned about pricing and commitment, and how we’ve refined our approach to make the experience more valuable for our members. In this episode, we’re reflecting on the evolution of WIIRE and everything we’ve learned from building a community of women in real estate. When we first launched our membership, we had no idea what we were getting into—and it showed. We talk candidly about why we ended up shutting that first version down, what we learned about pricing and commitment, and how we’ve refined our approach to make the experience more valuable for our members. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 186 c9e2f3ce-4171-4416-9918-1b793c73aa02 WIIRE 185: Behind the Scenes: The Story of Building WIIRE Part 1 In this episode, we’re taking you behind the scenes of how WIIRE really started. What began as a few social media connections has evolved into a powerful and growing community for women in real estate. Our very first meetup drew 30 to 40 attendees—far beyond what we expected—and that moment showed us there was something special here. We never set out to build a business, but by listening to our members and staying true to our values of authenticity and connection, WIIRE grew organically.

We discuss how we transitioned from hosting free meetups to organizing retreats (our first one sold out before we even knew what we were doing!) and ultimately developed a more structured, sustainable business model. Along the way, we embraced risk-taking, learned from our early missteps, and built credibility through partnerships and experience. We also share why having a supportive team has been a game changer, and how we’re now leaning into online business systems and automation. This episode is all about the messy, exciting evolution of WIIRE—and a glimpse into what’s coming next.

 

 

Resources:

]]> Mon, 30 Jun 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/behind-the-scenes-the-story-of-building-wiire-part-1-E6nU6gjP In this episode, we’re taking you behind the scenes of how WIIRE really started. What began as a few social media connections has evolved into a powerful and growing community for women in real estate. Our very first meetup drew 30 to 40 attendees—far beyond what we expected—and that moment showed us there was something special here. We never set out to build a business, but by listening to our members and staying true to our values of authenticity and connection, WIIRE grew organically.

We discuss how we transitioned from hosting free meetups to organizing retreats (our first one sold out before we even knew what we were doing!) and ultimately developed a more structured, sustainable business model. Along the way, we embraced risk-taking, learned from our early missteps, and built credibility through partnerships and experience. We also share why having a supportive team has been a game changer, and how we’re now leaning into online business systems and automation. This episode is all about the messy, exciting evolution of WIIRE—and a glimpse into what’s coming next.

 

 

Resources:

]]> WIIRE 185: Behind the Scenes: The Story of Building WIIRE Part 1 Amelia McGee, Grace Gudenkauf 00:40:21 In this episode, we’re taking you behind the scenes of how WIIRE really started. What began as a few social media connections has evolved into a powerful and growing community for women in real estate. Our very first meetup drew 30 to 40 attendees—far beyond what we expected—and that moment showed us there was something special here. We never set out to build a business, but by listening to our members and staying true to our values of authenticity and connection, WIIRE grew organically. In this episode, we’re taking you behind the scenes of how WIIRE really started. What began as a few social media connections has evolved into a powerful and growing community for women in real estate. Our very first meetup drew 30 to 40 attendees—far beyond what we expected—and that moment showed us there was something special here. We never set out to build a business, but by listening to our members and staying true to our values of authenticity and connection, WIIRE grew organically. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 185 690dfe30-f946-4657-8845-83178f7ba1ae WIIRE 184: Ask A&G: Firing Your Property Manager, Paying Yourself, Lending, Midterm Rentals & More In this episode of the podcast, we're hosting a special Ask Me Anything session, tackling real-life questions from the WIIRE Community. Covering a range of topics—from creative financing and property management to lending and scaling—this episode offers practical, experience-backed insights for women at all stages of their real estate investing journey. 

We're answering questions submitted through the WIIRE Community; a platform we receive constant praise for being both educational and supportive. We share relatable advice, personal experiences, and actionable tips that you can immediately apply to your own investing strategies. 

Whether you're wondering how to find your first off-market deal, navigate a tricky lending scenario, or manage tenants with less stress, this episode is packed with valuable gems from women doing the work. 

Tune in for straight talk, shared wisdom, and plenty of inspiration.

Lastly, doors will be opening for The WIIRE Community opening again in July and spots will go quick, so make sure your name is on the waiting list to be the first to know when it happens!

 

 

Resources:

]]> Mon, 23 Jun 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/ask-ag-firing-your-property-manager-paying-yourself-lending-midterm-rentals-more-Yjrj6EhT In this episode of the podcast, we're hosting a special Ask Me Anything session, tackling real-life questions from the WIIRE Community. Covering a range of topics—from creative financing and property management to lending and scaling—this episode offers practical, experience-backed insights for women at all stages of their real estate investing journey. 

We're answering questions submitted through the WIIRE Community; a platform we receive constant praise for being both educational and supportive. We share relatable advice, personal experiences, and actionable tips that you can immediately apply to your own investing strategies. 

Whether you're wondering how to find your first off-market deal, navigate a tricky lending scenario, or manage tenants with less stress, this episode is packed with valuable gems from women doing the work. 

Tune in for straight talk, shared wisdom, and plenty of inspiration.

Lastly, doors will be opening for The WIIRE Community opening again in July and spots will go quick, so make sure your name is on the waiting list to be the first to know when it happens!

 

 

Resources:

]]> WIIRE 184: Ask A&G: Firing Your Property Manager, Paying Yourself, Lending, Midterm Rentals & More Amelia McGee, Grace Gudenkauf 00:28:16 In this episode of the podcast, we're hosting a special Ask Me Anything session, tackling real-life questions from the WIIRE Community. Covering a range of topics—from creative financing and property management to lending and scaling—this episode offers practical, experience-backed insights for women at all stages of their real estate investing journey.  In this episode of the podcast, we're hosting a special Ask Me Anything session, tackling real-life questions from the WIIRE Community. Covering a range of topics—from creative financing and property management to lending and scaling—this episode offers practical, experience-backed insights for women at all stages of their real estate investing journey.  rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 184 c4a1dc1b-b65a-4143-822a-e813d170c057 WIIRE 183: Scaling Beyond 5 Properties: 3 Key Shifts Women Need to Make In this episode of the Women Invest in Real Estate podcast, we're diving into the pivotal mindset and operational shifts you need to scale a real estate portfolio beyond five properties. We address the unique challenges that women investors often face and explore how many stall out by not treating real estate as a true business. The conversation offers actionable insights on building a strong team, creating streamlined systems, and embracing delegation. 

We also discuss the importance of paying yourself, investing in a property manager, and tracking your time to uncover what can be delegated. From the value of surrounding yourself with like-minded peers to the power of creating SOPs, this episode is packed with practical advice to help listeners overcome scaling roadblocks and take their investing to the next level. Whether you're just getting started or looking to grow, this is a must-listen for serious real estate entrepreneurs.

If you've struggled to scale your business because of fear of losing your sanity? Hint: it's easier than you think! Join us on June 18 at 12pm CT for our free webinar! 

Lastly, doors will be opening for The WIIRE Community opening again in July and spots will go quick, so make sure your name is on the waiting list to be the first to know when it happens!

 

Resources:

]]> Mon, 16 Jun 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/scaling-beyond-5-properties-3-key-shifts-women-need-to-make-RGK_XM4e In this episode of the Women Invest in Real Estate podcast, we're diving into the pivotal mindset and operational shifts you need to scale a real estate portfolio beyond five properties. We address the unique challenges that women investors often face and explore how many stall out by not treating real estate as a true business. The conversation offers actionable insights on building a strong team, creating streamlined systems, and embracing delegation. 

We also discuss the importance of paying yourself, investing in a property manager, and tracking your time to uncover what can be delegated. From the value of surrounding yourself with like-minded peers to the power of creating SOPs, this episode is packed with practical advice to help listeners overcome scaling roadblocks and take their investing to the next level. Whether you're just getting started or looking to grow, this is a must-listen for serious real estate entrepreneurs.

If you've struggled to scale your business because of fear of losing your sanity? Hint: it's easier than you think! Join us on June 18 at 12pm CT for our free webinar! 

Lastly, doors will be opening for The WIIRE Community opening again in July and spots will go quick, so make sure your name is on the waiting list to be the first to know when it happens!

 

Resources:

]]> WIIRE 183: Scaling Beyond 5 Properties: 3 Key Shifts Women Need to Make Amelia McGee, Grace Gudenkauf 00:27:41 In this episode of the Women Invest in Real Estate podcast, we're diving into the pivotal mindset and operational shifts you need to scale a real estate portfolio beyond five properties. We address the unique challenges that women investors often face and explore how many stall out by not treating real estate as a true business. The conversation offers actionable insights on building a strong team, creating streamlined systems, and embracing delegation.  In this episode of the Women Invest in Real Estate podcast, we're diving into the pivotal mindset and operational shifts you need to scale a real estate portfolio beyond five properties. We address the unique challenges that women investors often face and explore how many stall out by not treating real estate as a true business. The conversation offers actionable insights on building a strong team, creating streamlined systems, and embracing delegation.  rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 183 6005d23f-8f91-4860-99f3-664eec8f5634 WIIRE 182: Stick to Your Zone of Genius to Make More Money in Real Estate In this episode of the podcast, we dive into the power of staying in your zone of genius as a real estate investor. Reflecting on our own journeys, sharing lessons learned from missteps, and how identifying and leaning into our individual strengths has improved both profitability and lifestyle. 

The discussion highlights the importance of delegation, avoiding shiny object syndrome, and recognizing red flags—like spreading yourself too thin across multiple markets. We also emphasize the value of documenting your tasks to better understand where your time is best spent and how to build a team that supports your growth. With a strong focus on mindset and strategy, we want to remind listeners that investing in your time and surrounding yourself with the right people can make all the difference. 

Want more? Join our webinar on June 18 at 12pm CT to learn how we scaled our businesses to 70+ doors, without losing our sanity!

This episode is a must-listen for anyone seeking clarity and focus in their real estate business.

 

Resources:

]]> Mon, 9 Jun 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/stick-to-your-zone-of-genius-to-make-more-money-in-real-estate-hhlTkkZ8 In this episode of the podcast, we dive into the power of staying in your zone of genius as a real estate investor. Reflecting on our own journeys, sharing lessons learned from missteps, and how identifying and leaning into our individual strengths has improved both profitability and lifestyle. 

The discussion highlights the importance of delegation, avoiding shiny object syndrome, and recognizing red flags—like spreading yourself too thin across multiple markets. We also emphasize the value of documenting your tasks to better understand where your time is best spent and how to build a team that supports your growth. With a strong focus on mindset and strategy, we want to remind listeners that investing in your time and surrounding yourself with the right people can make all the difference. 

Want more? Join our webinar on June 18 at 12pm CT to learn how we scaled our businesses to 70+ doors, without losing our sanity!

This episode is a must-listen for anyone seeking clarity and focus in their real estate business.

 

Resources:

]]> WIIRE 182: Stick to Your Zone of Genius to Make More Money in Real Estate Amelia McGee, Grace Gudenkauf 00:26:49 In this episode of the podcast, we dive into the power of staying in your zone of genius as a real estate investor. Reflecting on our own journeys, sharing lessons learned from missteps, and how identifying and leaning into our individual strengths has improved both profitability and lifestyle. In this episode of the podcast, we dive into the power of staying in your zone of genius as a real estate investor. Reflecting on our own journeys, sharing lessons learned from missteps, and how identifying and leaning into our individual strengths has improved both profitability and lifestyle. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 182 9fc83d92-9f9e-4bc1-82dc-c0555b496b03 WIIRE 181: Intro to Multifamily Syndications: How Investors Can Build Wealth Through Apartment Investing In this episode, Erica Kiang shares her inspiring journey from the fashion industry to becoming a successful real estate syndicator. After recognizing the need for passive income, Erica dove into real estate and quickly found her niche in syndications. She emphasizes the power of networking, mentorship, and understanding the distinct roles within a general partnership. 

Erica breaks down the basics of syndications—how they pool capital from passive investors, the pros and cons of being a limited versus general partner, and the importance of conservative underwriting. She also explains compensation structures and the value of partnering with strong operators. Throughout the episode, Erica offers practical resources for aspiring investors and shares her long-term goal of building passive income while fostering community within the real estate space. 

This conversation is a must-listen for anyone looking to break into syndications or scale their investment strategy!

 

 

Resources:

]]> Mon, 2 Jun 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/intro-to-multifamily-syndications-how-investors-can-build-wealth-through-apartment-investing-DE_ZgFe6 In this episode, Erica Kiang shares her inspiring journey from the fashion industry to becoming a successful real estate syndicator. After recognizing the need for passive income, Erica dove into real estate and quickly found her niche in syndications. She emphasizes the power of networking, mentorship, and understanding the distinct roles within a general partnership. 

Erica breaks down the basics of syndications—how they pool capital from passive investors, the pros and cons of being a limited versus general partner, and the importance of conservative underwriting. She also explains compensation structures and the value of partnering with strong operators. Throughout the episode, Erica offers practical resources for aspiring investors and shares her long-term goal of building passive income while fostering community within the real estate space. 

This conversation is a must-listen for anyone looking to break into syndications or scale their investment strategy!

 

 

Resources:

]]> WIIRE 181: Intro to Multifamily Syndications: How Investors Can Build Wealth Through Apartment Investing Amelia McGee, Grace Gudenkauf 00:33:05 In this episode, Erica Kiang shares her inspiring journey from the fashion industry to becoming a successful real estate syndicator. After recognizing the need for passive income, Erica dove into real estate and quickly found her niche in syndications. She emphasizes the power of networking, mentorship, and understanding the distinct roles within a general partnership. In this episode, Erica Kiang shares her inspiring journey from the fashion industry to becoming a successful real estate syndicator. After recognizing the need for passive income, Erica dove into real estate and quickly found her niche in syndications. She emphasizes the power of networking, mentorship, and understanding the distinct roles within a general partnership. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 181 74fe8fbc-deab-4aee-a78e-8e2522241141 WIIRE 180: Lending 101: How One Investor Went from Private Loans to Funding $5M+ in Real Estate Deals Annually In this episode of the podcast, we sit down with our friend Shalom Yusufov, a hard money lender, to explore his path into real estate finance and the world of alternative lending. As one of the few male guests on the show, Shalom brings a fresh perspective to the conversation, sharing valuable insights on how investors—especially newer ones—can leverage hard and private money to fund their deals.

We dive into the key differences between hard money and private money lending, the importance of understanding where funds come from, and how each option fits different investment strategies. Shalom reflects on his first deal, the lessons it taught him, and how he transitioned from private to hard money lending. The episode also touches on the value of networking, the benefits of being young in the industry, and the ongoing need to adapt and learn in real estate finance.

Whether you're curious about funding your next project or simply want to expand your knowledge of lending options, this episode is packed with practical advice and real-world experience.

 

 

Resources:

]]> Mon, 26 May 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Shalom Yusufov) https://women-invest-in-real-estate.simplecast.com/episodes/lending-101-how-one-investor-went-from-private-loans-to-funding-5m-in-real-estate-deals-annually-9J8MNNQy In this episode of the podcast, we sit down with our friend Shalom Yusufov, a hard money lender, to explore his path into real estate finance and the world of alternative lending. As one of the few male guests on the show, Shalom brings a fresh perspective to the conversation, sharing valuable insights on how investors—especially newer ones—can leverage hard and private money to fund their deals.

We dive into the key differences between hard money and private money lending, the importance of understanding where funds come from, and how each option fits different investment strategies. Shalom reflects on his first deal, the lessons it taught him, and how he transitioned from private to hard money lending. The episode also touches on the value of networking, the benefits of being young in the industry, and the ongoing need to adapt and learn in real estate finance.

Whether you're curious about funding your next project or simply want to expand your knowledge of lending options, this episode is packed with practical advice and real-world experience.

 

 

Resources:

]]> WIIRE 180: Lending 101: How One Investor Went from Private Loans to Funding $5M+ in Real Estate Deals Annually Amelia McGee, Grace Gudenkauf, Shalom Yusufov 00:35:01 In this episode of the podcast, we sit down with our friend Shalom Yusufov, a hard money lender, to explore his path into real estate finance and the world of alternative lending. As one of the few male guests on the show, Shalom brings a fresh perspective to the conversation, sharing valuable insights on how investors—especially newer ones—can leverage hard and private money to fund their deals. In this episode of the podcast, we sit down with our friend Shalom Yusufov, a hard money lender, to explore his path into real estate finance and the world of alternative lending. As one of the few male guests on the show, Shalom brings a fresh perspective to the conversation, sharing valuable insights on how investors—especially newer ones—can leverage hard and private money to fund their deals. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 180 1629e341-79d4-4a01-8262-49ebe5e85beb WIIRE 179: How to Use Wrap Mortgages and Rent-To-Own in Creative Finance Deals Hey friends! We are welcoming back our friends Jenn & Joe Delle Fave this week to dive into the world of creative financing with a focus on wrap mortgages—a strategy gaining traction in today’s high-interest market. We're breaking down how wrap mortgages work, their historical roots, and why they’re making a comeback.

We walk through a real-life deal to show how this strategy plays out in practice, highlighting the critical role of seller motivation and flexible deal structuring, and share tips on finding and vetting tenant buyers, marketing properties as rent-to-own, and using non-refundable option deposits to secure committed buyers.

From single-family homes to high-end properties, this episode reveals how creative financing can open up new, profitable paths for investors—especially when paired with patience, strong negotiation, and a solid network.

Check out Jenn & Joe's previous episodes:

If you’re ready to think outside the traditional lending box, this episode is a must-listen!

 

 

Resources:

]]> Mon, 19 May 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/how-to-use-wrap-mortgages-and-rent-to-own-in-creative-finance-deals-AIQq7tNU Hey friends! We are welcoming back our friends Jenn & Joe Delle Fave this week to dive into the world of creative financing with a focus on wrap mortgages—a strategy gaining traction in today’s high-interest market. We're breaking down how wrap mortgages work, their historical roots, and why they’re making a comeback.

We walk through a real-life deal to show how this strategy plays out in practice, highlighting the critical role of seller motivation and flexible deal structuring, and share tips on finding and vetting tenant buyers, marketing properties as rent-to-own, and using non-refundable option deposits to secure committed buyers.

From single-family homes to high-end properties, this episode reveals how creative financing can open up new, profitable paths for investors—especially when paired with patience, strong negotiation, and a solid network.

Check out Jenn & Joe's previous episodes:

If you’re ready to think outside the traditional lending box, this episode is a must-listen!

 

 

Resources:

]]> WIIRE 179: How to Use Wrap Mortgages and Rent-To-Own in Creative Finance Deals Amelia McGee, Grace Gudenkauf 00:36:27 Hey friends! We are welcoming back our friends Jenn & Joe Delle Fave this week to dive into the world of creative financing with a focus on wrap mortgages—a strategy gaining traction in today’s high-interest market. We're breaking down how wrap mortgages work, their historical roots, and why they’re making a comeback. Hey friends! We are welcoming back our friends Jenn & Joe Delle Fave this week to dive into the world of creative financing with a focus on wrap mortgages—a strategy gaining traction in today’s high-interest market. We're breaking down how wrap mortgages work, their historical roots, and why they’re making a comeback. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 179 5f11e72f-6a7e-499a-877d-f94e3c3ae509 WIIRE 178: LLCs 101: How Real Estate Investors Can Use LLCs to Protect their Assets Welcome back, friends! This week, we dive deep into the fundamentals of Limited Liability Companies (LLCs) and why they matter for real estate investors. Whether you're just starting out or scaling your portfolio, understanding how to properly use an LLC is key to protecting your assets and building a strong foundation.

We're debunking common myths—like the belief that forming an LLC automatically makes you a business owner or offers bulletproof protection—and explaining why careless mistakes can still leave you personally liable. One key topic we cover in this episode is "piercing the corporate veil," where mismanagement (like co-mingling funds or using incorrect signatures) can strip away an LLC’s legal protections.

Lastly, we also share real-life lessons from transaction missteps and offer actionable tips: keep business and personal finances separate, use proper documentation, counter-sign leases, and file biennial reports to stay compliant. Walk with us as we even break down structuring strategies, like separating active and passive income and considering an S-Corp or series LLC, depending on your goals and state laws.

Want the deets on our 1:1 consulting program—designed to empower women to confidently transition into full-time real estate investing? Click here for more information.

Tune in to learn how to protect your assets, avoid costly mistakes, and start treating your business like a business.

 

 

Resources:

 

]]> Mon, 12 May 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/llcs-101-how-real-estate-investors-can-use-llcs-to-protect-their-assets-0AtRAQLq Welcome back, friends! This week, we dive deep into the fundamentals of Limited Liability Companies (LLCs) and why they matter for real estate investors. Whether you're just starting out or scaling your portfolio, understanding how to properly use an LLC is key to protecting your assets and building a strong foundation.

We're debunking common myths—like the belief that forming an LLC automatically makes you a business owner or offers bulletproof protection—and explaining why careless mistakes can still leave you personally liable. One key topic we cover in this episode is "piercing the corporate veil," where mismanagement (like co-mingling funds or using incorrect signatures) can strip away an LLC’s legal protections.

Lastly, we also share real-life lessons from transaction missteps and offer actionable tips: keep business and personal finances separate, use proper documentation, counter-sign leases, and file biennial reports to stay compliant. Walk with us as we even break down structuring strategies, like separating active and passive income and considering an S-Corp or series LLC, depending on your goals and state laws.

Want the deets on our 1:1 consulting program—designed to empower women to confidently transition into full-time real estate investing? Click here for more information.

Tune in to learn how to protect your assets, avoid costly mistakes, and start treating your business like a business.

 

 

Resources:

 

]]> WIIRE 178: LLCs 101: How Real Estate Investors Can Use LLCs to Protect their Assets Amelia McGee, Grace Gudenkauf 00:37:50 Welcome back, friends! This week, we dive deep into the fundamentals of Limited Liability Companies (LLCs) and why they matter for real estate investors. Whether you're just starting out or scaling your portfolio, understanding how to properly use an LLC is key to protecting your assets and building a strong foundation. Welcome back, friends! This week, we dive deep into the fundamentals of Limited Liability Companies (LLCs) and why they matter for real estate investors. Whether you're just starting out or scaling your portfolio, understanding how to properly use an LLC is key to protecting your assets and building a strong foundation. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 178 95a83647-04f8-4424-ad5c-3e7fe55b8de3 WIIRE 177: How to Raise Private Money with Amy Mahjoory In this episode of the podcast, we’re welcoming Amy Mahjoory, a real estate investor and expert in raising private money. Amy shares her journey from corporate life to real estate investing, highlighting the power of networking and rapport-based lending. 

Amy emphasizes that raising private money is all about relationships—investors are more likely to fund deals when they trust you and your strategy. She shares practical advice on securing loans with promissory notes, managing finder’s fees, and proactively communicating with lenders to build credibility.

Amy also introduces RPM, a tight-knit community of investors actively raising private money. Whether you're just starting or looking to scale, this episode is packed with actionable insights to help you secure funding and grow your real estate business! 

 

Resources:

]]> Mon, 5 May 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Amy Mahjoory) https://women-invest-in-real-estate.simplecast.com/episodes/how-to-raise-private-money-with-amy-mahjoory-Nbzew0Xw In this episode of the podcast, we’re welcoming Amy Mahjoory, a real estate investor and expert in raising private money. Amy shares her journey from corporate life to real estate investing, highlighting the power of networking and rapport-based lending. 

Amy emphasizes that raising private money is all about relationships—investors are more likely to fund deals when they trust you and your strategy. She shares practical advice on securing loans with promissory notes, managing finder’s fees, and proactively communicating with lenders to build credibility.

Amy also introduces RPM, a tight-knit community of investors actively raising private money. Whether you're just starting or looking to scale, this episode is packed with actionable insights to help you secure funding and grow your real estate business! 

 

Resources:

]]> WIIRE 177: How to Raise Private Money with Amy Mahjoory Amelia McGee, Grace Gudenkauf, Amy Mahjoory 00:41:33 In this episode of the podcast, we’re welcoming Amy Mahjoory, a real estate investor and expert in raising private money. Amy shares her journey from corporate life to real estate investing, highlighting the power of networking and rapport-based lending. In this episode of the podcast, we’re welcoming Amy Mahjoory, a real estate investor and expert in raising private money. Amy shares her journey from corporate life to real estate investing, highlighting the power of networking and rapport-based lending. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 177 d91b96ec-4e93-4195-a855-d9e8ac982e5a WIIRE 176: Manage Rental Properties As A First Time Landlord Without The Stress with Sara Capra In this week's podcast episode, we sit down with Sara Capra, product manager at TurboTenant and a dedicated real estate investor. Sara shares her journey into real estate with the purchase of her first property during the pandemic. Since then, she’s embraced both the challenges and triumphs of being a landlord, learning valuable lessons along the way.

Sara highlights how refinancing her property to secure a lower interest rate played a key role in boosting profitability. She emphasizes the importance of a thorough tenant screening process, as well as the efficiency gains that come with using property management software like TurboTenant. Sara explains how the right tech stack can transform property management from automating rent payments to staying compliant with evolving regulations.

The episode also explores best practices for evaluating property performance, using checklists for routine management tasks, and the strategic decision to sell underperforming properties. For both new and seasoned investors, Sara’s insights underscore the power of automation and early planning in building a scalable, stress-free rental business.

Tune in to hear how tech and strategy intersect in real estate investing, and why TurboTenant might just be your next secret weapon.

 

 

Resources:

]]> Mon, 28 Apr 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Sara Capra) https://women-invest-in-real-estate.simplecast.com/episodes/manage-rental-properties-as-a-first-time-landlord-without-the-stress-with-sara-capra-QS_m_dLc In this week's podcast episode, we sit down with Sara Capra, product manager at TurboTenant and a dedicated real estate investor. Sara shares her journey into real estate with the purchase of her first property during the pandemic. Since then, she’s embraced both the challenges and triumphs of being a landlord, learning valuable lessons along the way.

Sara highlights how refinancing her property to secure a lower interest rate played a key role in boosting profitability. She emphasizes the importance of a thorough tenant screening process, as well as the efficiency gains that come with using property management software like TurboTenant. Sara explains how the right tech stack can transform property management from automating rent payments to staying compliant with evolving regulations.

The episode also explores best practices for evaluating property performance, using checklists for routine management tasks, and the strategic decision to sell underperforming properties. For both new and seasoned investors, Sara’s insights underscore the power of automation and early planning in building a scalable, stress-free rental business.

Tune in to hear how tech and strategy intersect in real estate investing, and why TurboTenant might just be your next secret weapon.

 

 

Resources:

]]> WIIRE 176: Manage Rental Properties As A First Time Landlord Without The Stress with Sara Capra Amelia McGee, Grace Gudenkauf, Sara Capra 00:27:56 In this week's podcast episode, we sit down with Sara Capra, product manager at TurboTenant and a dedicated real estate investor. Sara shares her journey into real estate with the purchase of her first property during the pandemic. Since then, she’s embraced both the challenges and triumphs of being a landlord, learning valuable lessons along the way. In this week's podcast episode, we sit down with Sara Capra, product manager at TurboTenant and a dedicated real estate investor. Sara shares her journey into real estate with the purchase of her first property during the pandemic. Since then, she’s embraced both the challenges and triumphs of being a landlord, learning valuable lessons along the way. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 176 050c3332-7da2-481a-94fa-15bbf264d913 WIIRE 175: Defer Taxes Using a 1031 Exchange with Kathy Fettke Hey friends, thanks for joining us this week! We are super excited to welcome real estate expert Kathy Fettke to explore the intricacies of 1031 exchanges. Kathy shares her inspiring journey into real estate and highlights how knowledge can help overcome fear and lead to confident investment decisions.

The conversation dives into the mechanics of 1031 exchanges, which allow investors to defer taxes by reinvesting proceeds into similar properties. Kathy walks listeners through real-life examples, including a powerful story about her father’s successful 1031 exchange, emphasizing the importance of planning, timelines, and property identification. She also stresses the value of working with a reputable 1031 exchange company to avoid costly mistakes.

Kathy encourages women to take control of their financial futures through real estate, highlighting how legacy planning can build generational wealth. This episode is packed with actionable insights for anyone looking to leverage 1031 exchanges and make informed investment decisions. 

See what Kathy is up to next by following her on Instagram. We hope you love this episode!

 

 

 

Resources:

]]> Mon, 21 Apr 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Kathy Fettke) https://women-invest-in-real-estate.simplecast.com/episodes/defer-taxes-using-a-1031-exchange-with-kathy-fettke-WLCKUurf Hey friends, thanks for joining us this week! We are super excited to welcome real estate expert Kathy Fettke to explore the intricacies of 1031 exchanges. Kathy shares her inspiring journey into real estate and highlights how knowledge can help overcome fear and lead to confident investment decisions.

The conversation dives into the mechanics of 1031 exchanges, which allow investors to defer taxes by reinvesting proceeds into similar properties. Kathy walks listeners through real-life examples, including a powerful story about her father’s successful 1031 exchange, emphasizing the importance of planning, timelines, and property identification. She also stresses the value of working with a reputable 1031 exchange company to avoid costly mistakes.

Kathy encourages women to take control of their financial futures through real estate, highlighting how legacy planning can build generational wealth. This episode is packed with actionable insights for anyone looking to leverage 1031 exchanges and make informed investment decisions. 

See what Kathy is up to next by following her on Instagram. We hope you love this episode!

 

 

 

Resources:

]]> WIIRE 175: Defer Taxes Using a 1031 Exchange with Kathy Fettke Amelia McGee, Grace Gudenkauf, Kathy Fettke 00:34:54 rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 175 2b9a13ef-18ec-41d1-92f3-8f7eb83be809 WIIRE 174: How to Buy the Right Investment Property without Second Guessing Yourself Welcome back, friends! This week, we discuss key red flags to watch for when investing in real estate and share valuable insights from The Community. They highlight the importance of thorough analysis and community support in building confidence. Amelia opens up about her current flip project, sharing detailed numbers and challenges, while emphasizing the need to stay emotionally detached from properties.

The conversation covers essential tips such as watching for foundation issues, considering the end buyer’s perspective, and having multiple exit strategies to mitigate risks. They also stress the importance of building a strong buy box to avoid distractions and using conservative estimates when budgeting for rehabs.

A few things we want you to walk away with…

  1. Be mindful of structural issues like foundation problems.
  2. Emotional detachment is crucial for sound decision-making.
  3. Community insights and a reliable realtor can boost your confidence.

Listen now to learn how to navigate potential pitfalls and make smarter investment decisions!

 

 

Resources:

]]> Mon, 14 Apr 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/how-to-buy-the-right-investment-property-without-second-guessing-yourself-QgwrUNJQ Welcome back, friends! This week, we discuss key red flags to watch for when investing in real estate and share valuable insights from The Community. They highlight the importance of thorough analysis and community support in building confidence. Amelia opens up about her current flip project, sharing detailed numbers and challenges, while emphasizing the need to stay emotionally detached from properties.

The conversation covers essential tips such as watching for foundation issues, considering the end buyer’s perspective, and having multiple exit strategies to mitigate risks. They also stress the importance of building a strong buy box to avoid distractions and using conservative estimates when budgeting for rehabs.

A few things we want you to walk away with…

  1. Be mindful of structural issues like foundation problems.
  2. Emotional detachment is crucial for sound decision-making.
  3. Community insights and a reliable realtor can boost your confidence.

Listen now to learn how to navigate potential pitfalls and make smarter investment decisions!

 

 

Resources:

]]> WIIRE 174: How to Buy the Right Investment Property without Second Guessing Yourself Amelia McGee, Grace Gudenkauf 00:30:44 Welcome back, friends! This week, we discuss key red flags to watch for when investing in real estate and share valuable insights from The Community. They highlight the importance of thorough analysis and community support in building confidence. Amelia opens up about her current flip project, sharing detailed numbers and challenges, while emphasizing the need to stay emotionally detached from properties. Welcome back, friends! This week, we discuss key red flags to watch for when investing in real estate and share valuable insights from The Community. They highlight the importance of thorough analysis and community support in building confidence. Amelia opens up about her current flip project, sharing detailed numbers and challenges, while emphasizing the need to stay emotionally detached from properties. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 174 f3f686f6-adce-466b-b2d6-c07b93c6581e WIIRE 173: Creative Financing for Off-Market Deals with Alex Sheforgen We are so excited to introduce you to this week's WIIRE Podcast guest, Alex Sheforgen. Alex shares her inspiring journey of managing 50 long-term rentals while balancing full-time jobs with her husband. Alex dives deep into creative financing strategies that made it possible for them to build a successful portfolio. She emphasizes the importance of community and networking in uncovering off-market deals, particularly through expired listings and mailers.

Our conversation with Alex highlights the power of negotiation and understanding financials when structuring creative deals. Alex also offers practical advice on managing tenant challenges, streamlining communication with tools like Google Voice, and leveraging local banks for smoother financing. She stresses that persistence and patience are key, and learning from others in the real estate community can help investors avoid costly mistakes.

Key Takeaways:

  • Creative financing can open doors for aspiring investors.
  • Expired listings and mailers are powerful tools for finding deals.
  • Strong communication and negotiation skills can make or break a deal.
  • Self-managing a large portfolio is possible with strategy and discipline.
  • Leveraging local resources and building relationships can lead to better deals.

Tune in to this insightful episode to learn how to navigate the complexities of real estate investing and scale your portfolio successfully and make sure to follow Alex over on Instagram!

 

 

 

Resources:

]]> Mon, 7 Apr 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Alex Sheforgen) https://women-invest-in-real-estate.simplecast.com/episodes/creative-financing-for-off-market-deals-with-alex-sheforgen-m6obI5xj We are so excited to introduce you to this week's WIIRE Podcast guest, Alex Sheforgen. Alex shares her inspiring journey of managing 50 long-term rentals while balancing full-time jobs with her husband. Alex dives deep into creative financing strategies that made it possible for them to build a successful portfolio. She emphasizes the importance of community and networking in uncovering off-market deals, particularly through expired listings and mailers.

Our conversation with Alex highlights the power of negotiation and understanding financials when structuring creative deals. Alex also offers practical advice on managing tenant challenges, streamlining communication with tools like Google Voice, and leveraging local banks for smoother financing. She stresses that persistence and patience are key, and learning from others in the real estate community can help investors avoid costly mistakes.

Key Takeaways:

  • Creative financing can open doors for aspiring investors.
  • Expired listings and mailers are powerful tools for finding deals.
  • Strong communication and negotiation skills can make or break a deal.
  • Self-managing a large portfolio is possible with strategy and discipline.
  • Leveraging local resources and building relationships can lead to better deals.

Tune in to this insightful episode to learn how to navigate the complexities of real estate investing and scale your portfolio successfully and make sure to follow Alex over on Instagram!

 

 

 

Resources:

]]> WIIRE 173: Creative Financing for Off-Market Deals with Alex Sheforgen Amelia McGee, Grace Gudenkauf, Alex Sheforgen 00:39:19 We are so excited to introduce you to this week's WIIRE Podcast guest, Alex Sheforgen. Alex shares her inspiring journey of managing 50 long-term rentals while balancing full-time jobs with her husband. Alex dives deep into creative financing strategies that made it possible for them to build a successful portfolio. She emphasizes the importance of community and networking in uncovering off-market deals, particularly through expired listings and mailers. We are so excited to introduce you to this week's WIIRE Podcast guest, Alex Sheforgen. Alex shares her inspiring journey of managing 50 long-term rentals while balancing full-time jobs with her husband. Alex dives deep into creative financing strategies that made it possible for them to build a successful portfolio. She emphasizes the importance of community and networking in uncovering off-market deals, particularly through expired listings and mailers. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 173 29e94cd6-59bd-4a2c-8699-e6d12683acee WIIRE 172: How To Get The Highest Appraisal for Your Investment Property In this episode of the podcast, we dive into the world of property appraisals—an essential yet often misunderstood part of real estate investing. They break down the appraisal process, explaining what to expect and how to prepare your property for a favorable outcome. Drawing from our own experiences, we're offering you practical tips on handling low appraisals and emphasizing the importance of being proactive throughout the process.

Key Takeaways:

  • An appraisal determines a property’s value for financing purposes.
  • Appraisals are subjective and influenced by various factors, so preparation is key.
  • Presenting a well-prepared appraisal packet can help sway the appraiser.
  • Investors should always review the appraisal report to understand the comparable sales used.
  • If an appraisal comes back low, disputing it or requesting a second appraisal may be an option.
  • Low appraisals can open the door for renegotiation or provide a way out if a contingency is in place.

Whether you're preparing for your first appraisal or looking to refine your approach, this episode equips you with the knowledge to navigate the process confidently. Tune in to learn how to maximize your property’s value and protect your investments!

 

 

 

Resources:

]]> Mon, 31 Mar 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/how-to-get-the-highest-appraisal-for-your-investment-property-wm4CUl_L In this episode of the podcast, we dive into the world of property appraisals—an essential yet often misunderstood part of real estate investing. They break down the appraisal process, explaining what to expect and how to prepare your property for a favorable outcome. Drawing from our own experiences, we're offering you practical tips on handling low appraisals and emphasizing the importance of being proactive throughout the process.

Key Takeaways:

  • An appraisal determines a property’s value for financing purposes.
  • Appraisals are subjective and influenced by various factors, so preparation is key.
  • Presenting a well-prepared appraisal packet can help sway the appraiser.
  • Investors should always review the appraisal report to understand the comparable sales used.
  • If an appraisal comes back low, disputing it or requesting a second appraisal may be an option.
  • Low appraisals can open the door for renegotiation or provide a way out if a contingency is in place.

Whether you're preparing for your first appraisal or looking to refine your approach, this episode equips you with the knowledge to navigate the process confidently. Tune in to learn how to maximize your property’s value and protect your investments!

 

 

 

Resources:

]]> WIIRE 172: How To Get The Highest Appraisal for Your Investment Property Amelia McGee, Grace Gudenkauf 00:29:45 In this episode of the podcast, we dive into the world of property appraisals—an essential yet often misunderstood part of real estate investing. They break down the appraisal process, explaining what to expect and how to prepare your property for a favorable outcome. Drawing from our own experiences, we're offering you practical tips on handling low appraisals and emphasizing the importance of being proactive throughout the process. In this episode of the podcast, we dive into the world of property appraisals—an essential yet often misunderstood part of real estate investing. They break down the appraisal process, explaining what to expect and how to prepare your property for a favorable outcome. Drawing from our own experiences, we're offering you practical tips on handling low appraisals and emphasizing the importance of being proactive throughout the process. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 172 8bd4fefe-9f57-4f60-89bf-50dc2b9cc6a6 WIIRE 171: How To Buy Sheriff and Tax Auction Rental Properties with BrieAnne Asbury Reyes Welcome back, friends! This week, we are joined by our friend BrieAnne Reyes, and we dive into the high-stakes world of tax sales and sheriff’s auctions. BrieAnne offers valuable insights for both new and experienced investors and shares her journey from private equity to auction sales, emphasizing the importance of research, strategy, and emotional discipline when bidding on properties.

Key takeaways from the conversation include:

  • Understand the differences between tax auctions and sheriff’s auctions
  • The importance of doing your homework 
  • How to avoid emotional bidding 

BrieAnne’s insights make this episode a must-listen for anyone looking to navigate real estate auctions with confidence. Tune in now to gain an edge in the competitive auction market! 

 

 

 

Resources:

]]> Mon, 24 Mar 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, BrieAnne Asbury Reyes) https://women-invest-in-real-estate.simplecast.com/episodes/how-to-buy-sheriff-and-tax-auction-rental-properties-with-brieanne-asbury-reyes-qmLSnZFV Welcome back, friends! This week, we are joined by our friend BrieAnne Reyes, and we dive into the high-stakes world of tax sales and sheriff’s auctions. BrieAnne offers valuable insights for both new and experienced investors and shares her journey from private equity to auction sales, emphasizing the importance of research, strategy, and emotional discipline when bidding on properties.

Key takeaways from the conversation include:

  • Understand the differences between tax auctions and sheriff’s auctions
  • The importance of doing your homework 
  • How to avoid emotional bidding 

BrieAnne’s insights make this episode a must-listen for anyone looking to navigate real estate auctions with confidence. Tune in now to gain an edge in the competitive auction market! 

 

 

 

Resources:

]]> WIIRE 171: How To Buy Sheriff and Tax Auction Rental Properties with BrieAnne Asbury Reyes Amelia McGee, Grace Gudenkauf, BrieAnne Asbury Reyes 00:37:54 Welcome back, friends! This week, we are joined by our friend BrieAnne Reyes, and we dive into the high-stakes world of tax sales and sheriff’s auctions. BrieAnne offers valuable insights for both new and experienced investors and shares her journey from private equity to auction sales, emphasizing the importance of research, strategy, and emotional discipline when bidding on properties. Welcome back, friends! This week, we are joined by our friend BrieAnne Reyes, and we dive into the high-stakes world of tax sales and sheriff’s auctions. BrieAnne offers valuable insights for both new and experienced investors and shares her journey from private equity to auction sales, emphasizing the importance of research, strategy, and emotional discipline when bidding on properties. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 171 cfc63667-516f-4444-ac32-e529b9957d10 WIIRE 170: Rules of Thumb for Analyzing Real Estate Deals Welcome back to another episode of the podcast, friends! This week, we are breaking down our key rules of thumb that every real estate investor should know. These simple yet powerful guidelines help investors analyze deals efficiently, minimize risk, and maximize returns—saving time and avoiding costly mistakes. These rules are designed to help investors make informed decisions, streamline property analysis, and avoid common pitfalls. Beyond the numbers, we also discuss the power of community support and share insights from our own investing journeys.

Want to connect with other investors and get more insights? Get on the waitlist before doors open on 3/19 to get $400 off your membership!

Ready to connect with a supportive network of women investors? Learn more about the WIIRE Community and how it can help you scale your real estate portfolio.

If you want to invest smarter and save time, this episode is a must-listen!

 

 

 

Resources:

]]> Mon, 17 Mar 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/rules-of-thumb-for-analyzing-real-estate-deals-mdBUfP8Z Welcome back to another episode of the podcast, friends! This week, we are breaking down our key rules of thumb that every real estate investor should know. These simple yet powerful guidelines help investors analyze deals efficiently, minimize risk, and maximize returns—saving time and avoiding costly mistakes. These rules are designed to help investors make informed decisions, streamline property analysis, and avoid common pitfalls. Beyond the numbers, we also discuss the power of community support and share insights from our own investing journeys.

Want to connect with other investors and get more insights? Get on the waitlist before doors open on 3/19 to get $400 off your membership!

Ready to connect with a supportive network of women investors? Learn more about the WIIRE Community and how it can help you scale your real estate portfolio.

If you want to invest smarter and save time, this episode is a must-listen!

 

 

 

Resources:

]]> WIIRE 170: Rules of Thumb for Analyzing Real Estate Deals Amelia McGee, Grace Gudenkauf 00:31:37 Welcome back to another episode of the podcast, friends! This week, we are breaking down our key rules of thumb that every real estate investor should know. These simple yet powerful guidelines help investors analyze deals efficiently, minimize risk, and maximize returns—saving time and avoiding costly mistakes. These rules are designed to help investors make informed decisions, streamline property analysis, and avoid common pitfalls. Beyond the numbers, we also discuss the power of community support and share insights from our own investing journeys. Welcome back to another episode of the podcast, friends! This week, we are breaking down our key rules of thumb that every real estate investor should know. These simple yet powerful guidelines help investors analyze deals efficiently, minimize risk, and maximize returns—saving time and avoiding costly mistakes. These rules are designed to help investors make informed decisions, streamline property analysis, and avoid common pitfalls. Beyond the numbers, we also discuss the power of community support and share insights from our own investing journeys. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 170 15fa5ecf-51a0-48ab-8d3b-b646dea4da0c BONUS EPISODE: The Secret to Scaling Your Portfolio In this bonus episode, we’re diving into the inspiration behind the WIIRE Community, a powerful network designed to support women in real estate investing. We share the challenges and rewards of launching a community, share testimonials from real members, and break down the unique mentorship opportunities available. From curated retreats to exclusive networking experiences, we help foster a safe and engaging environment where women investors can thrive. If you want to scale your portfolio and connect with like-minded women, this conversation is for you!

Get on the waitlist before 3/19 to get $400 off your membership!

Ready to connect with a supportive network of women investors? Learn more about the Wire Community and how it can help you scale your real estate portfolio.

Doors to The WIIRE Community are opening soon, so make sure your name is on the list to be the first to grab your seat!

 

 

 

Resources:

]]> Tue, 11 Mar 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/bonus-episode-the-secret-to-scaling-your-portfolio-19Ro6Axq In this bonus episode, we’re diving into the inspiration behind the WIIRE Community, a powerful network designed to support women in real estate investing. We share the challenges and rewards of launching a community, share testimonials from real members, and break down the unique mentorship opportunities available. From curated retreats to exclusive networking experiences, we help foster a safe and engaging environment where women investors can thrive. If you want to scale your portfolio and connect with like-minded women, this conversation is for you!

Get on the waitlist before 3/19 to get $400 off your membership!

Ready to connect with a supportive network of women investors? Learn more about the Wire Community and how it can help you scale your real estate portfolio.

Doors to The WIIRE Community are opening soon, so make sure your name is on the list to be the first to grab your seat!

 

 

 

Resources:

]]> BONUS EPISODE: The Secret to Scaling Your Portfolio Amelia McGee, Grace Gudenkauf 00:14:44 In this bonus episode, we’re diving into the inspiration behind the WIIRE Community, a powerful network designed to support women in real estate investing. We share the challenges and rewards of launching a community, share testimonials from real members, and break down the unique mentorship opportunities available. From curated retreats to exclusive networking experiences, we help foster a safe and engaging environment where women investors can thrive. If you want to scale your portfolio and connect with like-minded women, this conversation is for you! In this bonus episode, we’re diving into the inspiration behind the WIIRE Community, a powerful network designed to support women in real estate investing. We share the challenges and rewards of launching a community, share testimonials from real members, and break down the unique mentorship opportunities available. From curated retreats to exclusive networking experiences, we help foster a safe and engaging environment where women investors can thrive. If you want to scale your portfolio and connect with like-minded women, this conversation is for you! rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true bonus 1d85b219-3f9b-4d37-8df9-f8c1d629bf74 WIIRE 169: Master MLS Deals with Investor Agent Jayme Currie In this episode, experienced realtor Jayme Curry shares essential strategies for working effectively with investor-friendly agents and finding profitable deals. Whether you're a new investor or a seasoned pro, understanding how to navigate MLS listings, financing, and agent relationships can make all the difference.

Jayme also highlights the importance of working with local lenders, staying proactive in deal analysis, and avoiding analysis paralysis. Real estate investing requires problem-solving skills and a willingness to take action, even when the market seems challenging. To see what Jayme is up to next follow her over on Instagram, or connect with her via email.

Tune in to learn how to sharpen your investment approach, spot overlooked deals, and build a winning real estate team!

 

 

Resources:

]]> Mon, 10 Mar 2025 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Jayme Currie) https://women-invest-in-real-estate.simplecast.com/episodes/master-mls-deals-with-investor-agent-jayme-currie-v_UlmoUq In this episode, experienced realtor Jayme Curry shares essential strategies for working effectively with investor-friendly agents and finding profitable deals. Whether you're a new investor or a seasoned pro, understanding how to navigate MLS listings, financing, and agent relationships can make all the difference.

Jayme also highlights the importance of working with local lenders, staying proactive in deal analysis, and avoiding analysis paralysis. Real estate investing requires problem-solving skills and a willingness to take action, even when the market seems challenging. To see what Jayme is up to next follow her over on Instagram, or connect with her via email.

Tune in to learn how to sharpen your investment approach, spot overlooked deals, and build a winning real estate team!

 

 

Resources:

]]> WIIRE 169: Master MLS Deals with Investor Agent Jayme Currie Amelia McGee, Grace Gudenkauf, Jayme Currie 00:39:59 In this episode, experienced realtor Jayme Curry shares essential strategies for working effectively with investor-friendly agents and finding profitable deals. Whether you're a new investor or a seasoned pro, understanding how to navigate MLS listings, financing, and agent relationships can make all the difference. In this episode, experienced realtor Jayme Curry shares essential strategies for working effectively with investor-friendly agents and finding profitable deals. Whether you're a new investor or a seasoned pro, understanding how to navigate MLS listings, financing, and agent relationships can make all the difference. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 169 d31f9358-940b-4a98-a756-a8a675d5f19a WIIRE 168: How to Earn Six Figures from an 11-Unit Multifamily Investment In this episode of the podcast, we’re taking you behind the scenes of Amelia’s journey in acquiring and managing an 11-unit apartment complex. From finding the right property to structuring partnerships and ensuring strong financial management, Amelia shares invaluable lessons she learned along the way.

We highlight the importance of bookkeeping, strategic planning, and transparent communication in real estate investing. Amelia emphasizes that while finding money for deals is often easier than being a strong operator, maintaining accurate financial records is crucial for long-term success. She also discusses how midterm rentals can significantly boost revenue, the impact of a solid operating agreement, and the necessity of working with a good attorney when forming partnerships.

Whether you’re a beginner or an experienced investor, this episode provides actionable strategies to keep momentum in real estate and align future investments with your financial goals. Tune in now and start building your path to success!
 

 

Resources:

]]> Mon, 3 Mar 2025 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/how-to-earn-six-figures-from-an-11-unit-multifamily-investment-AZzTeHzk In this episode of the podcast, we’re taking you behind the scenes of Amelia’s journey in acquiring and managing an 11-unit apartment complex. From finding the right property to structuring partnerships and ensuring strong financial management, Amelia shares invaluable lessons she learned along the way.

We highlight the importance of bookkeeping, strategic planning, and transparent communication in real estate investing. Amelia emphasizes that while finding money for deals is often easier than being a strong operator, maintaining accurate financial records is crucial for long-term success. She also discusses how midterm rentals can significantly boost revenue, the impact of a solid operating agreement, and the necessity of working with a good attorney when forming partnerships.

Whether you’re a beginner or an experienced investor, this episode provides actionable strategies to keep momentum in real estate and align future investments with your financial goals. Tune in now and start building your path to success!
 

 

Resources:

]]> WIIRE 168: How to Earn Six Figures from an 11-Unit Multifamily Investment Amelia McGee, Grace Gudenkauf 00:42:29 In this episode of the podcast, we’re taking you behind the scenes of Amelia’s journey in acquiring and managing an 11-unit apartment complex. From finding the right property to structuring partnerships and ensuring strong financial management, Amelia shares invaluable lessons she learned along the way. In this episode of the podcast, we’re taking you behind the scenes of Amelia’s journey in acquiring and managing an 11-unit apartment complex. From finding the right property to structuring partnerships and ensuring strong financial management, Amelia shares invaluable lessons she learned along the way. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 168 8e4d4769-9ff0-441a-ba69-71c15942cd6a WIIRE 167: How to Buy a Boutique Hotel with Blake Dailey In this episode, Blake Dailey shares his incredible journey from starting with short-term rentals to acquiring and managing boutique hotels. What began with a VA loan and single-unit investments soon evolved into a full-scale hospitality business driven by profitability and a passion for creating unique guest experiences.

Blake dives into the challenges and successes of transitioning from traditional rentals to boutique hotels, highlighting key lessons from his first hotel deal. He emphasizes the importance of building a strong team, hiring to relieve administrative burdens, and understanding guest expectations to ensure a seamless experience.

The conversation also explores the differences between boutique hotels and motels, as well as the complexities of selling multifamily properties and refinancing motels.

For those considering the boutique hotel space, Blake underscores the importance of community support and connecting with experienced investors. With plenty of room for growth and innovation in the boutique motel market, now may be the perfect time to explore this exciting niche in real estate.

Get the details on Blake’s community or follow him on Instagram to see what he’s up to next. Thank you for tuning in, friends!

 

 

 

Resources:

]]> Mon, 24 Feb 2025 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Blake Daily) https://women-invest-in-real-estate.simplecast.com/episodes/how-to-buy-a-boutique-hotel-with-blake-dailey-_jR0_bQJ In this episode, Blake Dailey shares his incredible journey from starting with short-term rentals to acquiring and managing boutique hotels. What began with a VA loan and single-unit investments soon evolved into a full-scale hospitality business driven by profitability and a passion for creating unique guest experiences.

Blake dives into the challenges and successes of transitioning from traditional rentals to boutique hotels, highlighting key lessons from his first hotel deal. He emphasizes the importance of building a strong team, hiring to relieve administrative burdens, and understanding guest expectations to ensure a seamless experience.

The conversation also explores the differences between boutique hotels and motels, as well as the complexities of selling multifamily properties and refinancing motels.

For those considering the boutique hotel space, Blake underscores the importance of community support and connecting with experienced investors. With plenty of room for growth and innovation in the boutique motel market, now may be the perfect time to explore this exciting niche in real estate.

Get the details on Blake’s community or follow him on Instagram to see what he’s up to next. Thank you for tuning in, friends!

 

 

 

Resources:

]]> WIIRE 167: How to Buy a Boutique Hotel with Blake Dailey Amelia McGee, Grace Gudenkauf, Blake Daily 00:40:37 In this episode, Blake Dailey shares his incredible journey from starting with short-term rentals to acquiring and managing boutique hotels. What began with a VA loan and single-unit investments soon evolved into a full-scale hospitality business driven by profitability and a passion for creating unique guest experiences. In this episode, Blake Dailey shares his incredible journey from starting with short-term rentals to acquiring and managing boutique hotels. What began with a VA loan and single-unit investments soon evolved into a full-scale hospitality business driven by profitability and a passion for creating unique guest experiences. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 167 abf4f969-4b06-4083-987c-ea690dfbaf26 WIIRE 166. Midterm Rental by the Room: Medical Student Tenants with Laura Murphy Welcome back, friends! This week, we’re sitting down with Laura Murphy to explore the growing niche of midterm rentals—specifically, the rent-by-the-room strategy. Laura shares her journey into this unique market, which began unexpectedly at a party, and how she has since built a thriving business managing 15 rooms across three locations in Chicago.

Catering primarily to medical students and traveling professionals, Laura reveals the key to her success: tenant sourcing, setting competitive pricing, and ensuring seamless property management. She explains how eliminating deposits lowers barriers for tenants and how implementing electronic locks enhances security. Maintaining shared spaces requires clear guidelines, schedules, and a focus on creating a harmonious living environment.

Beyond the logistics, Laura discusses the challenges and rewards of midterm rentals, from managing tenant turnover to capitalizing on the high demand in medical districts. As the midterm rental market continues to expand, her insights offer valuable guidance for investors looking to tap into this lucrative strategy.

If you're interested in maximizing rental income while providing quality housing, tune in to this episode to learn from Laura’s experience and expert strategies!

 

 

 

]]> Mon, 17 Feb 2025 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Laura Murphy) https://women-invest-in-real-estate.simplecast.com/episodes/midterm-rental-by-the-room-medical-student-tenants-with-laura-murphy-rlOwUGAy Welcome back, friends! This week, we’re sitting down with Laura Murphy to explore the growing niche of midterm rentals—specifically, the rent-by-the-room strategy. Laura shares her journey into this unique market, which began unexpectedly at a party, and how she has since built a thriving business managing 15 rooms across three locations in Chicago.

Catering primarily to medical students and traveling professionals, Laura reveals the key to her success: tenant sourcing, setting competitive pricing, and ensuring seamless property management. She explains how eliminating deposits lowers barriers for tenants and how implementing electronic locks enhances security. Maintaining shared spaces requires clear guidelines, schedules, and a focus on creating a harmonious living environment.

Beyond the logistics, Laura discusses the challenges and rewards of midterm rentals, from managing tenant turnover to capitalizing on the high demand in medical districts. As the midterm rental market continues to expand, her insights offer valuable guidance for investors looking to tap into this lucrative strategy.

If you're interested in maximizing rental income while providing quality housing, tune in to this episode to learn from Laura’s experience and expert strategies!

 

 

 

]]> WIIRE 166. Midterm Rental by the Room: Medical Student Tenants with Laura Murphy Amelia McGee, Grace Gudenkauf, Laura Murphy 00:38:09 Welcome back, friends! This week, we’re sitting down with Laura Murphy to explore the growing niche of midterm rentals—specifically, the rent-by-the-room strategy. Laura shares her journey into this unique market, which began unexpectedly at a party, and how she has since built a thriving business managing 15 rooms across three locations in Chicago. Welcome back, friends! This week, we’re sitting down with Laura Murphy to explore the growing niche of midterm rentals—specifically, the rent-by-the-room strategy. Laura shares her journey into this unique market, which began unexpectedly at a party, and how she has since built a thriving business managing 15 rooms across three locations in Chicago. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 166 d1dcd8e6-3d97-45b0-b130-fa58537385b8 WIIRE 165: Creative Finance Deal Deep Dives In this week's episode of the podcast, we explore the power of creative financing as a problem-solving tool in real estate investing. We share personal insights from recent deals and discuss the importance of community support, education, and negotiation skills when working with sellers. We also cover practical strategies for structuring creative financing deals, emphasizing the need to understand seller motivations, know your numbers, and stay flexible during negotiations.

Key takeaways include:

  • Creative financing is about solving problems, not just structuring deals
  • Direct engagement with sellers is crucial for successful negotiations
  • Understanding the basics before seeking help will set you up for success
  • Community and mentorship can enhance your confidence in creative financing
  • Not all creative deals are good deals—know your numbers and establish clear metrics

Tune in to this episode for actionable insights and encouragement to embrace creative financing as a powerful investment strategy!

Other WIIRE episodes we recommend in this episode are…

Episode 33

Episode 34

Episode 35

Episode 36

Episode 37

Episode 38

Episode 123

Episode 124

Episode 125

Episode 126

Episode 127

Episode 128

Episode 129

Thanks for listening, friends!

 

 

Resources:

]]> Mon, 10 Feb 2025 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/creative-finance-deal-deep-dives-bKXSMNgv In this week's episode of the podcast, we explore the power of creative financing as a problem-solving tool in real estate investing. We share personal insights from recent deals and discuss the importance of community support, education, and negotiation skills when working with sellers. We also cover practical strategies for structuring creative financing deals, emphasizing the need to understand seller motivations, know your numbers, and stay flexible during negotiations.

Key takeaways include:

  • Creative financing is about solving problems, not just structuring deals
  • Direct engagement with sellers is crucial for successful negotiations
  • Understanding the basics before seeking help will set you up for success
  • Community and mentorship can enhance your confidence in creative financing
  • Not all creative deals are good deals—know your numbers and establish clear metrics

Tune in to this episode for actionable insights and encouragement to embrace creative financing as a powerful investment strategy!

Other WIIRE episodes we recommend in this episode are…

Episode 33

Episode 34

Episode 35

Episode 36

Episode 37

Episode 38

Episode 123

Episode 124

Episode 125

Episode 126

Episode 127

Episode 128

Episode 129

Thanks for listening, friends!

 

 

Resources:

]]> WIIRE 165: Creative Finance Deal Deep Dives Amelia McGee, Grace Gudenkauf 00:31:27 In this week's episode of the podcast, we explore the power of creative financing as a problem-solving tool in real estate investing. We share personal insights from recent deals and discuss the importance of community support, education, and negotiation skills when working with sellers. We also cover practical strategies for structuring creative financing deals, emphasizing the need to understand seller motivations, know your numbers, and stay flexible during negotiations. In this week's episode of the podcast, we explore the power of creative financing as a problem-solving tool in real estate investing. We share personal insights from recent deals and discuss the importance of community support, education, and negotiation skills when working with sellers. We also cover practical strategies for structuring creative financing deals, emphasizing the need to understand seller motivations, know your numbers, and stay flexible during negotiations. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 165 3d2c6864-cb60-44b3-b368-77af5777c7c0 WIIRE 164: Step By Step Guide to Transacting Off-Market Deals In this episode, we’re breaking down the process of buying and selling off-market real estate deals—without a realtor. We also share personal stories, success stories from our WIIRE Community members, plus actionable steps to navigate off-market transactions confidently. Whether you're considering self-managing a purchase or just curious about how off-market deals work, this episode will provide the insights and strategies you need to succeed!

What you’ll learn…

  • How to buy and sell properties without a realtor
  • Essential components of a strong purchase agreement
  • The role of earnest money deposits and disclosures
  • Why working with an investor-friendly closing company is crucial
  • How community support and expert guidance can simplify transactions

This episode is packed with details you won’t want to miss!

Thanks for tuning in, friends. We’ll catch you in the next episode!

 

 

 

Resources:

]]> Mon, 3 Feb 2025 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/step-by-step-guide-to-transacting-off-market-deals-tsYDw2NQ In this episode, we’re breaking down the process of buying and selling off-market real estate deals—without a realtor. We also share personal stories, success stories from our WIIRE Community members, plus actionable steps to navigate off-market transactions confidently. Whether you're considering self-managing a purchase or just curious about how off-market deals work, this episode will provide the insights and strategies you need to succeed!

What you’ll learn…

  • How to buy and sell properties without a realtor
  • Essential components of a strong purchase agreement
  • The role of earnest money deposits and disclosures
  • Why working with an investor-friendly closing company is crucial
  • How community support and expert guidance can simplify transactions

This episode is packed with details you won’t want to miss!

Thanks for tuning in, friends. We’ll catch you in the next episode!

 

 

 

Resources:

]]> WIIRE 164: Step By Step Guide to Transacting Off-Market Deals Amelia McGee, Grace Gudenkauf 00:34:33 In this episode, we’re breaking down the process of buying and selling off-market real estate deals—without a realtor. We also share personal stories, success stories from our WIIRE Community members, plus actionable steps to navigate off-market transactions confidently. Whether you're considering self-managing a purchase or just curious about how off-market deals work, this episode will provide the insights and strategies you need to succeed! In this episode, we’re breaking down the process of buying and selling off-market real estate deals—without a realtor. We also share personal stories, success stories from our WIIRE Community members, plus actionable steps to navigate off-market transactions confidently. Whether you're considering self-managing a purchase or just curious about how off-market deals work, this episode will provide the insights and strategies you need to succeed! rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 164 2bcbc447-9031-4e47-96d0-64df0d4e9d5b WIIRE 163: Year Long Tax Prep for Real Estate Investors In this podcast episode, we’re chatting about the importance of year-long tax preparation for real estate investors. So many new investors (even seasoned ones) don’t realize how important it is to be proactive with your bookkeeping. We also review the understanding of tax documents such as W-9s and 1099s and the significance of tracking mileage and estimated quarterly payments. The conversation also covers insights from our recent CPA meetings, highlighting strategies to maximize tax savings and ensure compliance throughout the year.

If you haven’t already, please take 2 minutes and leave us a review:

🎙️ Leave us a review on Apple Podcasts

🎙️ Leave us a review on Spotify

… or wherever you listen to your podcast episodes!

To schedule a Discovery Call with our WIIRE Community Bookkeeper - click here!

Thank you for being here with us again, friends! Come hang out with us over on Instagram and we will see you next week!

 

 

Resources:

]]> Mon, 27 Jan 2025 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/year-long-tax-prep-for-real-estate-investors-OU6msBuT In this podcast episode, we’re chatting about the importance of year-long tax preparation for real estate investors. So many new investors (even seasoned ones) don’t realize how important it is to be proactive with your bookkeeping. We also review the understanding of tax documents such as W-9s and 1099s and the significance of tracking mileage and estimated quarterly payments. The conversation also covers insights from our recent CPA meetings, highlighting strategies to maximize tax savings and ensure compliance throughout the year.

If you haven’t already, please take 2 minutes and leave us a review:

🎙️ Leave us a review on Apple Podcasts

🎙️ Leave us a review on Spotify

… or wherever you listen to your podcast episodes!

To schedule a Discovery Call with our WIIRE Community Bookkeeper - click here!

Thank you for being here with us again, friends! Come hang out with us over on Instagram and we will see you next week!

 

 

Resources:

]]> WIIRE 163: Year Long Tax Prep for Real Estate Investors Amelia McGee, Grace Gudenkauf 00:30:56 In this podcast episode, we’re chatting about the importance of year-long tax preparation for real estate investors. So many new investors (even seasoned ones) don’t realize how important it is to be proactive with your bookkeeping. We also review the understanding of tax documents such as W-9s and 1099s and the significance of tracking mileage and estimated quarterly payments. The conversation also covers insights from our recent CPA meetings, highlighting strategies to maximize tax savings and ensure compliance throughout the year. In this podcast episode, we’re chatting about the importance of year-long tax preparation for real estate investors. So many new investors (even seasoned ones) don’t realize how important it is to be proactive with your bookkeeping. We also review the understanding of tax documents such as W-9s and 1099s and the significance of tracking mileage and estimated quarterly payments. The conversation also covers insights from our recent CPA meetings, highlighting strategies to maximize tax savings and ensure compliance throughout the year. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 163 74dcfcff-3806-4ba2-890b-a78c76248c32 WIIRE 162: Fire Your Property Manager and Maximize Your Profit In this WIIRE episode, we tackle a topic many property owners encounter: firing a property manager and transitioning to self-management. Drawing from our own experiences and insights, we dive into the common pitfalls of working with property management companies, how to evaluate contracts, and the necessary steps to ensure a smooth transition.

Whether you're frustrated with your current property manager or considering self-management, this episode offers actionable tips to help you protect your investments, maintain tenant satisfaction, and simplify the process.

Bonuses from this episode:

Thanks for tuning in this week; we’ll catch you in the next episode!

 

 

Resources:

]]> Mon, 20 Jan 2025 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/fire-your-property-manager-and-maximize-your-profit-WopxIz7S In this WIIRE episode, we tackle a topic many property owners encounter: firing a property manager and transitioning to self-management. Drawing from our own experiences and insights, we dive into the common pitfalls of working with property management companies, how to evaluate contracts, and the necessary steps to ensure a smooth transition.

Whether you're frustrated with your current property manager or considering self-management, this episode offers actionable tips to help you protect your investments, maintain tenant satisfaction, and simplify the process.

Bonuses from this episode:

Thanks for tuning in this week; we’ll catch you in the next episode!

 

 

Resources:

]]> WIIRE 162: Fire Your Property Manager and Maximize Your Profit Amelia McGee, Grace Gudenkauf 00:24:34 In this WIIRE episode, we tackle a topic many property owners encounter: firing a property manager and transitioning to self-management. Drawing from our own experiences and insights, we dive into the common pitfalls of working with property management companies, how to evaluate contracts, and the necessary steps to ensure a smooth transition. In this WIIRE episode, we tackle a topic many property owners encounter: firing a property manager and transitioning to self-management. Drawing from our own experiences and insights, we dive into the common pitfalls of working with property management companies, how to evaluate contracts, and the necessary steps to ensure a smooth transition. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 162 27f34587-6eee-44d7-b9a8-625806e6e639 WIIRE 161: Quit Your W2 Job & Be a Full-Time Real Estate Investor Welcome back to another episode of the podcast. Today, we are diving into our best tips and tricks when it comes to ditching your full-time W2 and becoming a full-time real estate investor. At WIIRE, that is our ultimate goal: to give you a choice to become W2 optional, and we’re diving into our personal situations when we left behind our full-time jobs and things to think about when making this big, life-changing decision.

You may not want to quit your W2, and that’s totally okay! We hear this a lot: some people genuinely love their job, but we want to help equip you with the tools to make this choice so you can live your dream life, whatever that looks like for you!

Thanks for listening, we’ll catch you next time!

 

 

 

Resources:

]]> Mon, 13 Jan 2025 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/quit-your-w2-job-be-a-full-time-real-estate-investor-l7_kdO6U Welcome back to another episode of the podcast. Today, we are diving into our best tips and tricks when it comes to ditching your full-time W2 and becoming a full-time real estate investor. At WIIRE, that is our ultimate goal: to give you a choice to become W2 optional, and we’re diving into our personal situations when we left behind our full-time jobs and things to think about when making this big, life-changing decision.

You may not want to quit your W2, and that’s totally okay! We hear this a lot: some people genuinely love their job, but we want to help equip you with the tools to make this choice so you can live your dream life, whatever that looks like for you!

Thanks for listening, we’ll catch you next time!

 

 

 

Resources:

]]> WIIRE 161: Quit Your W2 Job & Be a Full-Time Real Estate Investor Amelia McGee, Grace Gudenkauf 00:34:47 Welcome back to another episode of the podcast. Today, we are diving into our best tips and tricks when it comes to ditching your full-time W2 and becoming a full-time real estate investor. At WIIRE, that is our ultimate goal: to give you a choice to become W2 optional, and we’re diving into our personal situations when we left behind our full-time jobs and things to think about when making this big, life-changing decision. Welcome back to another episode of the podcast. Today, we are diving into our best tips and tricks when it comes to ditching your full-time W2 and becoming a full-time real estate investor. At WIIRE, that is our ultimate goal: to give you a choice to become W2 optional, and we’re diving into our personal situations when we left behind our full-time jobs and things to think about when making this big, life-changing decision. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 161 aa1619ef-b277-439e-b41f-150233074e3f WIIRE 160: What’s Next for Us: Breaking Down Our 2025 Game Plan Happy 2025, WIIRE listeners! We are so thrilled to have you back because while we gave you a recap on our 2024 goals in our last episode, this week we’re talking all about our 2025 goals: personally, professionally, and our goals for WIIRE! If you have never written your goals down before, we encourage you to take a few minutes, put pen to paper, and jot them down. It is truly amazing the impact writing down something can have. Then, put those goals somewhere you will see them, every single day to keep you accountable.

We both struggle with goal setting and we’re pretty proud of our accomplishments in 2024 and truly excited to see what 2025 has in store. A few items we mention in this episode are:

We’d love to hear your goals for 2025, so tag us @wiire.community or send us a DM and share them with us! Let’s make 2025 an amazing year, together!

 

 

 

Resources:

]]> Mon, 6 Jan 2025 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/whats-next-for-us-breaking-down-our-2025-game-plan-FjumVNJZ Happy 2025, WIIRE listeners! We are so thrilled to have you back because while we gave you a recap on our 2024 goals in our last episode, this week we’re talking all about our 2025 goals: personally, professionally, and our goals for WIIRE! If you have never written your goals down before, we encourage you to take a few minutes, put pen to paper, and jot them down. It is truly amazing the impact writing down something can have. Then, put those goals somewhere you will see them, every single day to keep you accountable.

We both struggle with goal setting and we’re pretty proud of our accomplishments in 2024 and truly excited to see what 2025 has in store. A few items we mention in this episode are:

We’d love to hear your goals for 2025, so tag us @wiire.community or send us a DM and share them with us! Let’s make 2025 an amazing year, together!

 

 

 

Resources:

]]> WIIRE 160: What’s Next for Us: Breaking Down Our 2025 Game Plan Amelia McGee, Grace Gudenkauf 00:28:30 Happy 2025, WIIRE listeners! We are so thrilled to have you back because while we gave you a recap on our 2024 goals in our last episode, this week we’re talking all about our 2025 goals: personally, professionally, and our goals for WIIRE! If you have never written your goals down before, we encourage you to take a few minutes, put pen to paper, and jot them down. It is truly amazing the impact writing down something can have. Then, put those goals somewhere you will see them, every single day to keep you accountable. Happy 2025, WIIRE listeners! We are so thrilled to have you back because while we gave you a recap on our 2024 goals in our last episode, this week we’re talking all about our 2025 goals: personally, professionally, and our goals for WIIRE! If you have never written your goals down before, we encourage you to take a few minutes, put pen to paper, and jot them down. It is truly amazing the impact writing down something can have. Then, put those goals somewhere you will see them, every single day to keep you accountable. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 160 10663948-c332-462e-a925-eb9fc763504b WIIRE 159: 2024 Unpacked: Our Goals in Review Hey friends! Thank you so much for joining us for the last episode of 2024! In this episode, we’re giving you an update on the goals we set back in Episode 80; we’re sharing what we accomplished, what goals we pushed off, what goals weren’t even on our list but decided to tackle anyway, and some of our most memorable accomplishments for 2024. We are also giving you an update on our goals for WIIRE, plus a peek at how all of our goals changed and pivoted throughout the year.

We are so grateful for each one of you tuning in and hope you have an incredible close-out of 2024 and warm welcome to 2025!

Let’s get started!

 

 

 

Resources:

]]> Mon, 30 Dec 2024 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/2024-unpacked-our-goals-in-review-V6cy2yKK Hey friends! Thank you so much for joining us for the last episode of 2024! In this episode, we’re giving you an update on the goals we set back in Episode 80; we’re sharing what we accomplished, what goals we pushed off, what goals weren’t even on our list but decided to tackle anyway, and some of our most memorable accomplishments for 2024. We are also giving you an update on our goals for WIIRE, plus a peek at how all of our goals changed and pivoted throughout the year.

We are so grateful for each one of you tuning in and hope you have an incredible close-out of 2024 and warm welcome to 2025!

Let’s get started!

 

 

 

Resources:

]]> WIIRE 159: 2024 Unpacked: Our Goals in Review Amelia McGee, Grace Gudenkauf 00:25:59 Hey friends! Thank you so much for joining us for the last episode of 2024! In this episode, we’re giving you an update on the goals we set back in Episode 80; we’re sharing what we accomplished, what goals we pushed off, what goals weren’t even on our list but decided to tackle anyway, and some of our most memorable accomplishments for 2024. We are also giving you an update on our goals for WIIRE, plus a peek at how all of our goals changed and pivoted throughout the year. Hey friends! Thank you so much for joining us for the last episode of 2024! In this episode, we’re giving you an update on the goals we set back in Episode 80; we’re sharing what we accomplished, what goals we pushed off, what goals weren’t even on our list but decided to tackle anyway, and some of our most memorable accomplishments for 2024. We are also giving you an update on our goals for WIIRE, plus a peek at how all of our goals changed and pivoted throughout the year. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 159 eb2be66c-083c-475f-a6c8-d59b8f9e502d WIIRE 158: Buying a Boutique Property Management Business with Victoria Chavez Welcome back, WIIRE listeners! We are so amped to have you join us because today, we are joined by another incredible female investing powerhouse, Victoria Chavez. Victoria is another one of our cohort leaders in the WIIRE Community, and this episode is packed with amazing nuggets and takeaways. In this interview, Victoria shares her best tips for buying or starting a property management company, how to onboard better tenants, and answers so many questions we showered her with, so graciously!

Victoria began investing in 2022 and owns 3 LTRs (long-term rentals) and 1 storage unit, plus she owns a property management company! Victoria holds a bachelor's degree in chemical engineering and a master's in winemaking. She also owns Spearhunter Wines, which gives her a unique perspective that she shares openly.

See what Victoria is up to next over on Instagram, we hope you loved this episode as much as we did!

Thanks for tuning in; we’ll catch you next time.

 

 

Resources:

]]> Mon, 23 Dec 2024 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Maria Koch) https://women-invest-in-real-estate.simplecast.com/episodes/buying-a-boutique-property-management-business-with-victoria-chavez-Y5beNt1s Welcome back, WIIRE listeners! We are so amped to have you join us because today, we are joined by another incredible female investing powerhouse, Victoria Chavez. Victoria is another one of our cohort leaders in the WIIRE Community, and this episode is packed with amazing nuggets and takeaways. In this interview, Victoria shares her best tips for buying or starting a property management company, how to onboard better tenants, and answers so many questions we showered her with, so graciously!

Victoria began investing in 2022 and owns 3 LTRs (long-term rentals) and 1 storage unit, plus she owns a property management company! Victoria holds a bachelor's degree in chemical engineering and a master's in winemaking. She also owns Spearhunter Wines, which gives her a unique perspective that she shares openly.

See what Victoria is up to next over on Instagram, we hope you loved this episode as much as we did!

Thanks for tuning in; we’ll catch you next time.

 

 

Resources:

]]> WIIRE 158: Buying a Boutique Property Management Business with Victoria Chavez Amelia McGee, Grace Gudenkauf, Maria Koch 00:38:17 Welcome back, WIIRE listeners! We are so amped to have you join us because today, we are joined by another incredible female investing powerhouse, Victoria Chavez. Victoria is another one of our cohort leaders in the WIIRE Community, and this episode is packed with amazing nuggets and takeaways. In this interview, Victoria shares her best tips for buying or starting a property management company, how to onboard better tenants, and answers so many questions we showered her with, so graciously! Welcome back, WIIRE listeners! We are so amped to have you join us because today, we are joined by another incredible female investing powerhouse, Victoria Chavez. Victoria is another one of our cohort leaders in the WIIRE Community, and this episode is packed with amazing nuggets and takeaways. In this interview, Victoria shares her best tips for buying or starting a property management company, how to onboard better tenants, and answers so many questions we showered her with, so graciously! rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 158 f487e9bc-9c09-49a3-b462-3bc5d693131b WIIRE 157: Flipping & BRRRR'ing: The Power Combo with Maria Koch Hey friends, welcome back! It’s been a while since we talked bout the BRRRR method, and if that’s your jam, you’re in luck because today we are joined by our friend (and WIIRE Cohort leader!), Maria Koch. In this episode, Maria talks about flipping and the BRRRR strategy, tactical insights on her REI business that you can implement, and shares her incredible story, which we know will leave you feeling inspired!

Maria started investing in 2020 and is based in Kansas City, Missouri. She has a rental portfolio of 10 doors but has done more deals, and her husband is a general contractor - so she gets to see the action from both sides. With more than 20 BRRRRs and flips under her belt, Maria shares how being an agent has helped her sell her own deals and get the best bang for her buck, even in the toughest market.

Want to know more about Maria? Check out her website or follow her over on Instagram.

We hope you love this episode as much as we do. Thanks for tuning in!

 

 

 

Resources:

]]> Mon, 16 Dec 2024 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Maria Koch) https://women-invest-in-real-estate.simplecast.com/episodes/flipping-brrrring-the-power-combo-with-maria-koch-ClCcI_BV Hey friends, welcome back! It’s been a while since we talked bout the BRRRR method, and if that’s your jam, you’re in luck because today we are joined by our friend (and WIIRE Cohort leader!), Maria Koch. In this episode, Maria talks about flipping and the BRRRR strategy, tactical insights on her REI business that you can implement, and shares her incredible story, which we know will leave you feeling inspired!

Maria started investing in 2020 and is based in Kansas City, Missouri. She has a rental portfolio of 10 doors but has done more deals, and her husband is a general contractor - so she gets to see the action from both sides. With more than 20 BRRRRs and flips under her belt, Maria shares how being an agent has helped her sell her own deals and get the best bang for her buck, even in the toughest market.

Want to know more about Maria? Check out her website or follow her over on Instagram.

We hope you love this episode as much as we do. Thanks for tuning in!

 

 

 

Resources:

]]> WIIRE 157: Flipping & BRRRR'ing: The Power Combo with Maria Koch Amelia McGee, Grace Gudenkauf, Maria Koch 00:40:02 Hey friends, welcome back! It’s been a while since we talked bout the BRRRR method, and if that’s your jam, you’re in luck because today we are joined by our friend (and WIIRE Cohort leader!), Maria Koch. In this episode, Maria talks about flipping and the BRRRR strategy, tactical insights on her REI business that you can implement, and shares her incredible story, which we know will leave you feeling inspired! Hey friends, welcome back! It’s been a while since we talked bout the BRRRR method, and if that’s your jam, you’re in luck because today we are joined by our friend (and WIIRE Cohort leader!), Maria Koch. In this episode, Maria talks about flipping and the BRRRR strategy, tactical insights on her REI business that you can implement, and shares her incredible story, which we know will leave you feeling inspired! rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 157 55f1e900-1edf-4482-a26a-1af4336f3f41 WIIRE 156: Redevelopment Playbook with Katie Neason Hey friends! We’re happy to have you join us this week because in this episode, we are joined by our friend, Katie Neason. Katie is a genius when it comes to all things redevelopment in the world of real estate investing. Having done almost 50 residential units and 15 commercial units, Katie has taught us so much and has a wealth of experience she shares freely.

Katie first began investing in 2006 and stepped into the world of redevelopment in 2016, and now hosts her signature course: Rookie Redeveloper. Katie has also joined us on a WIIRE Retreat and shares a few insights on what it looks like to attend, plus has a bonus freebie, just for WIIRE listeners!

To see what’s coming up next for Katie, and see updates on her project, the Francesca, follow her over on Instagram!

Thanks for listening, friends! We’re so grateful you tuned in and we’ll catch you in the next one!

 

 

 

Resources:

]]> Mon, 9 Dec 2024 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Katie Neason) https://women-invest-in-real-estate.simplecast.com/episodes/redevelopment-playbook-with-katie-neason-cGcQvS4p Hey friends! We’re happy to have you join us this week because in this episode, we are joined by our friend, Katie Neason. Katie is a genius when it comes to all things redevelopment in the world of real estate investing. Having done almost 50 residential units and 15 commercial units, Katie has taught us so much and has a wealth of experience she shares freely.

Katie first began investing in 2006 and stepped into the world of redevelopment in 2016, and now hosts her signature course: Rookie Redeveloper. Katie has also joined us on a WIIRE Retreat and shares a few insights on what it looks like to attend, plus has a bonus freebie, just for WIIRE listeners!

To see what’s coming up next for Katie, and see updates on her project, the Francesca, follow her over on Instagram!

Thanks for listening, friends! We’re so grateful you tuned in and we’ll catch you in the next one!

 

 

 

Resources:

]]> WIIRE 156: Redevelopment Playbook with Katie Neason Amelia McGee, Grace Gudenkauf, Katie Neason 00:43:42 Hey friends! We’re happy to have you join us this week because in this episode, we are joined by our friend, Katie Neason. Katie is a genius when it comes to all things redevelopment in the world of real estate investing. Having done almost 50 residential units and 15 commercial units, Katie has taught us so much and has a wealth of experience she shares freely. Hey friends! We’re happy to have you join us this week because in this episode, we are joined by our friend, Katie Neason. Katie is a genius when it comes to all things redevelopment in the world of real estate investing. Having done almost 50 residential units and 15 commercial units, Katie has taught us so much and has a wealth of experience she shares freely. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 156 929f743d-85b4-4234-aeb9-9ee7585858ef WIIRE 155: Common Mistakes We See Investors Make Hey friends! We hope you’re ready for a fly-by-the-seat-of-our-pants episode because while we did carefully plan out this episode to talk about super-fun tax season prep, we decided to scrap that and talk about something way more interesting (and fun) - common real estate investing mistakes we’ve actually witnessed. These aren’t just from stories we’ve heard or heard from other investor friends, but first-hand accounts and stories.

We are always looking for inspired new topics to chat about on the podcast, so if you have a question, something you’d like to hear us talk about, or someone you think we should interview, connect with us on Instagram!

We’ll catch you in the next episode!

 

 

 

Resources:

]]> Mon, 2 Dec 2024 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/common-mistakes-we-see-investors-make-81DYsqJ3 Hey friends! We hope you’re ready for a fly-by-the-seat-of-our-pants episode because while we did carefully plan out this episode to talk about super-fun tax season prep, we decided to scrap that and talk about something way more interesting (and fun) - common real estate investing mistakes we’ve actually witnessed. These aren’t just from stories we’ve heard or heard from other investor friends, but first-hand accounts and stories.

We are always looking for inspired new topics to chat about on the podcast, so if you have a question, something you’d like to hear us talk about, or someone you think we should interview, connect with us on Instagram!

We’ll catch you in the next episode!

 

 

 

Resources:

]]> WIIRE 155: Common Mistakes We See Investors Make Amelia McGee, Grace Gudenkauf 00:27:51 Hey friends! We hope you’re ready for a fly-by-the-seat-of-our-pants episode because while we did carefully plan out this episode to talk about super-fun tax season prep, we decided to scrap that and talk about something way more interesting (and fun) - common real estate investing mistakes we’ve actually witnessed. These aren’t just from stories we’ve heard or heard from other investor friends, but first-hand accounts and stories. Hey friends! We hope you’re ready for a fly-by-the-seat-of-our-pants episode because while we did carefully plan out this episode to talk about super-fun tax season prep, we decided to scrap that and talk about something way more interesting (and fun) - common real estate investing mistakes we’ve actually witnessed. These aren’t just from stories we’ve heard or heard from other investor friends, but first-hand accounts and stories. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 155 2f878833-2752-4ada-bdda-186769183600 WIIRE 154: The Best Formula for 6-Week Flips with Laura Sides Welcome back to the podcast, friends! We are excited to have you join us and meet Laura Slides, a true boss-babe in the world of real estate investing with lots of perspectives to share. Laura is located in the suburbs of Philadelphia, has done over 10 flips, owns 2 short-term rental properties, and has strategized to get her flipping process down to only 3-6 weeks! In this episode, Laura shares her recipe for success in flipping, and we talk about her AirBNB and tax strategies!

Laura is also a cohort leader inside the WIIRE Community, so if you want to hear more from her, make sure you get your name on the waitlist for when doors open again in the new year! You can also connect with Laura on Instagram to see what BIG things she has coming up next!

We’ll catch you in the next episode!

 

 

 

Resources:

]]> Mon, 25 Nov 2024 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Laura Sides) https://women-invest-in-real-estate.simplecast.com/episodes/the-best-formula-for-6-week-flips-with-laura-sides-FBk1ie2w Welcome back to the podcast, friends! We are excited to have you join us and meet Laura Slides, a true boss-babe in the world of real estate investing with lots of perspectives to share. Laura is located in the suburbs of Philadelphia, has done over 10 flips, owns 2 short-term rental properties, and has strategized to get her flipping process down to only 3-6 weeks! In this episode, Laura shares her recipe for success in flipping, and we talk about her AirBNB and tax strategies!

Laura is also a cohort leader inside the WIIRE Community, so if you want to hear more from her, make sure you get your name on the waitlist for when doors open again in the new year! You can also connect with Laura on Instagram to see what BIG things she has coming up next!

We’ll catch you in the next episode!

 

 

 

Resources:

]]> WIIRE 154: The Best Formula for 6-Week Flips with Laura Sides Amelia McGee, Grace Gudenkauf, Laura Sides 00:36:24 Welcome back to the podcast, friends! We are excited to have you join us and meet Laura Slides, a true boss-babe in the world of real estate investing with lots of perspectives to share. Laura is located in the suburbs of Philadelphia, has done over 10 flips, owns 2 short-term rental properties, and has strategized to get her flipping process down to only 3-6 weeks! In this episode, Laura shares her recipe for success in flipping, and we talk about her AirBNB and tax strategies! Welcome back to the podcast, friends! We are excited to have you join us and meet Laura Slides, a true boss-babe in the world of real estate investing with lots of perspectives to share. Laura is located in the suburbs of Philadelphia, has done over 10 flips, owns 2 short-term rental properties, and has strategized to get her flipping process down to only 3-6 weeks! In this episode, Laura shares her recipe for success in flipping, and we talk about her AirBNB and tax strategies! rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 150 50533220-2424-4f5e-b5fa-a368d6264621 WIIRE 153: Self Storage School with Bree Hartman This week, we’re diving into the world of self-storage with our friend Bree Hartman. Bree is based in Sacramento and owns three single-family rental properties and 84,000 square feet of self-storage property! Bree is also the owner of Self Storage School. In this episode, we are busting self-storage myths, and how to systemize your self-storage investment properties so they can truly be passive income investments.

Bree is a vibrant source of joy and fun and has been a member of our CEO Bootcamp and has also attended one of our WIIRE retreats, so she truly knows our love language. We are so excited for you to get inspired by her story about how she has designed her dream life through real estate investing.

You can learn more about what Bree is up to by following her on Instagram, but if you listen to the episode all the way through, you’ll get her personal cell number, where you can reach out to her via text!

Thanks for tuning in, friends. We’ll catch you in the next episode!

 

 

 

Resources:

]]> Mon, 18 Nov 2024 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Bree Hartman) https://women-invest-in-real-estate.simplecast.com/episodes/self-storage-school-with-bree-hartman-hJnrhkfN This week, we’re diving into the world of self-storage with our friend Bree Hartman. Bree is based in Sacramento and owns three single-family rental properties and 84,000 square feet of self-storage property! Bree is also the owner of Self Storage School. In this episode, we are busting self-storage myths, and how to systemize your self-storage investment properties so they can truly be passive income investments.

Bree is a vibrant source of joy and fun and has been a member of our CEO Bootcamp and has also attended one of our WIIRE retreats, so she truly knows our love language. We are so excited for you to get inspired by her story about how she has designed her dream life through real estate investing.

You can learn more about what Bree is up to by following her on Instagram, but if you listen to the episode all the way through, you’ll get her personal cell number, where you can reach out to her via text!

Thanks for tuning in, friends. We’ll catch you in the next episode!

 

 

 

Resources:

]]> WIIRE 153: Self Storage School with Bree Hartman Amelia McGee, Grace Gudenkauf, Bree Hartman 00:38:59 This week, we’re diving into the world of self-storage with our friend Bree Hartman. Bree is based in Sacramento and owns three single-family rental properties and 84,000 square feet of self-storage property! Bree is also the owner of Self Storage School. In this episode, we are busting self-storage myths, and how to systemize your self-storage investment properties so they can truly be passive income investments. This week, we’re diving into the world of self-storage with our friend Bree Hartman. Bree is based in Sacramento and owns three single-family rental properties and 84,000 square feet of self-storage property! Bree is also the owner of Self Storage School. In this episode, we are busting self-storage myths, and how to systemize your self-storage investment properties so they can truly be passive income investments. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 153 190bfbc8-ac18-45c1-93b9-de22a68eec9b WIIRE 152: Why We Never Got Our Real Estate Licenses as Investors Welcome back, friends! If you are a long-time listener (or even if you’re a new WIIRE follower) you have heard us share things we are commonly asked in our day-to-day. Today, we’re sharing our answer to another one of those burning questions - and this one is a long time coming… we’re diving into why we never got our real estate licenses!

Don’t forget! Doors to our new WIIRE Community are now open, but not for long. You can be a founding member, but don’t wait too long because once the doors close, you’ll have to wait until 2025 to join, so act fast!

We hope to see you inside the WIIRE Community!

 

 

 

Resources:

]]> Mon, 11 Nov 2024 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/why-we-never-got-our-real-estate-licenses-as-investors-eUpEd3Pj Welcome back, friends! If you are a long-time listener (or even if you’re a new WIIRE follower) you have heard us share things we are commonly asked in our day-to-day. Today, we’re sharing our answer to another one of those burning questions - and this one is a long time coming… we’re diving into why we never got our real estate licenses!

Don’t forget! Doors to our new WIIRE Community are now open, but not for long. You can be a founding member, but don’t wait too long because once the doors close, you’ll have to wait until 2025 to join, so act fast!

We hope to see you inside the WIIRE Community!

 

 

 

Resources:

]]> WIIRE 152: Why We Never Got Our Real Estate Licenses as Investors Amelia McGee, Grace Gudenkauf 00:27:44 Welcome back, friends! If you are a long-time listener (or even if you’re a new WIIRE follower) you have heard us share things we are commonly asked in our day-to-day. Today, we’re sharing our answer to another one of those burning questions - and this one is a long time coming… we’re diving into why we never got our real estate licenses! Welcome back, friends! If you are a long-time listener (or even if you’re a new WIIRE follower) you have heard us share things we are commonly asked in our day-to-day. Today, we’re sharing our answer to another one of those burning questions - and this one is a long time coming… we’re diving into why we never got our real estate licenses! rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 152 4d88c37a-e598-4899-866c-6c0433df40fb WIIRE 151: Join the Club: The WIIRE Community is Here Hello everyone! We are SO pumped for this episode because we are finally spilling the juicy deets and unveiling the WIIRE Community Membership, and registration officially opens TODAY! We’re sharing exactly what the community looks like, the benefits you’ll get from joining, and what to expect once you’re inside!

If you join before November 10, you’ll be one of our founding members and lock in the lowest price, plus, you can join us on November 11 for our virtual happy hour!

We hope to see you inside!

 

 

 

Resources:

]]> Mon, 4 Nov 2024 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/join-the-club-the-wiire-community-is-here-MlPoC9JS Hello everyone! We are SO pumped for this episode because we are finally spilling the juicy deets and unveiling the WIIRE Community Membership, and registration officially opens TODAY! We’re sharing exactly what the community looks like, the benefits you’ll get from joining, and what to expect once you’re inside!

If you join before November 10, you’ll be one of our founding members and lock in the lowest price, plus, you can join us on November 11 for our virtual happy hour!

We hope to see you inside!

 

 

 

Resources:

]]> WIIRE 151: Join the Club: The WIIRE Community is Here Amelia McGee, Grace Gudenkauf 00:25:33 Hello everyone! We are SO pumped for this episode because we are finally spilling the juicy deets and unveiling the WIIRE Community Membership, and registration officially opens TODAY! We’re sharing exactly what the community looks like, the benefits you’ll get from joining, and what to expect once you’re inside! Hello everyone! We are SO pumped for this episode because we are finally spilling the juicy deets and unveiling the WIIRE Community Membership, and registration officially opens TODAY! We’re sharing exactly what the community looks like, the benefits you’ll get from joining, and what to expect once you’re inside! rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 150 e64760fa-a9fb-4f46-81f1-174ba3dafe1e WIIRE 150: Should Grace Sell Her Midterm Rental Business? Hey friends! We’re joining you today with something many have been asking for for a very, very long time… a LIVE coaching session! In this episode Grace is getting LIVE feedback from Amelia on a potential pivot she is considering in her REI business. For context, Amelia was given no background, only a slight heads up that this was happening, so you will be getting very real and raw responses and reactions.

This episode is super special and probably one of the most fun episodes we have done (you know how much we LOVE the hot seats that happen at our WIIRE Retreats), so we hope you love it!

Plus, we are sharing some BIG deets on the WIIRE Community, which is coming in HOT!

Thanks for listening, friends!

 

 

 

Resources:

]]> Mon, 28 Oct 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/should-grace-sell-her-midterm-rental-business-P6mus8ej Hey friends! We’re joining you today with something many have been asking for for a very, very long time… a LIVE coaching session! In this episode Grace is getting LIVE feedback from Amelia on a potential pivot she is considering in her REI business. For context, Amelia was given no background, only a slight heads up that this was happening, so you will be getting very real and raw responses and reactions.

This episode is super special and probably one of the most fun episodes we have done (you know how much we LOVE the hot seats that happen at our WIIRE Retreats), so we hope you love it!

Plus, we are sharing some BIG deets on the WIIRE Community, which is coming in HOT!

Thanks for listening, friends!

 

 

 

Resources:

]]> WIIRE 150: Should Grace Sell Her Midterm Rental Business? Amelia McGee, Grace Gudenkauf 00:27:54 Hey friends! We’re joining you today with something many have been asking for for a very, very long time… a LIVE coaching session! In this episode Grace is getting LIVE feedback from Amelia on a potential pivot she is considering in her REI business. For context, Amelia was given no background, only a slight heads up that this was happening, so you will be getting very real and raw responses and reactions. Hey friends! We’re joining you today with something many have been asking for for a very, very long time… a LIVE coaching session! In this episode Grace is getting LIVE feedback from Amelia on a potential pivot she is considering in her REI business. For context, Amelia was given no background, only a slight heads up that this was happening, so you will be getting very real and raw responses and reactions. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 150 76de6720-5372-4a4c-8e61-a9a2ffe923ab WIIRE 149: 13 Unit Value-Add Multifamily Deep Dive with Jessie Dillon Hey WIIRE podcast listeners! This week, we’re welcoming back one of our closest friends, Jessie Dillon. Jessie joined us back in Episode 22 (tune in here!) and has joined us on not one, not two, not even three WIIRE Retreats, but FOUR WIIRE Retreats! Jessie is an investor who started her REI journey in 2022 and now owns 17 units across multiple buildings.

  • We’re deep diving into…
  • Her multi-family partnership deal
  • The importance of community
  • How to go about vetting partners

Plus, Jessie gave some great value-add tips, you won’t want to miss a second of her interview. Want to know what is coming up next for Jessie? Connect with her over on Instagram!

Thanks for listening, we’ll catch you next time!

 

 

 

Resources:

]]> Mon, 21 Oct 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Jessie Dillon) https://women-invest-in-real-estate.simplecast.com/episodes/13-unit-value-add-multifamily-deep-dive-with-jessie-dillon-_WQa435S Hey WIIRE podcast listeners! This week, we’re welcoming back one of our closest friends, Jessie Dillon. Jessie joined us back in Episode 22 (tune in here!) and has joined us on not one, not two, not even three WIIRE Retreats, but FOUR WIIRE Retreats! Jessie is an investor who started her REI journey in 2022 and now owns 17 units across multiple buildings.

  • We’re deep diving into…
  • Her multi-family partnership deal
  • The importance of community
  • How to go about vetting partners

Plus, Jessie gave some great value-add tips, you won’t want to miss a second of her interview. Want to know what is coming up next for Jessie? Connect with her over on Instagram!

Thanks for listening, we’ll catch you next time!

 

 

 

Resources:

]]> WIIRE 149: 13 Unit Value-Add Multifamily Deep Dive with Jessie Dillon Amelia McGee, Grace Gudenkauf, Jessie Dillon 00:44:42 Hey WIIRE podcast listeners! This week, we’re welcoming back one of our closest friends, Jessie Dillon. Jessie joined us back in Episode 22 (tune in here!) and has joined us on not one, not two, not even three WIIRE Retreats, but FOUR WIIRE Retreats! Jessie is an investor who started her REI journey in 2022 and now owns 17 units across multiple buildings. Hey WIIRE podcast listeners! This week, we’re welcoming back one of our closest friends, Jessie Dillon. Jessie joined us back in Episode 22 (tune in here!) and has joined us on not one, not two, not even three WIIRE Retreats, but FOUR WIIRE Retreats! Jessie is an investor who started her REI journey in 2022 and now owns 17 units across multiple buildings. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 149 6c2964c0-9cc9-4048-916c-e21aa508490a WIIRE 148: How to Submit Lowball Offers with Success in Real Estate Welcome back, friends! This week’s podcast topic comes courtesy of a convo we recently had at our retreat and we are breaking down all things lowball offers. We hear so often how scared people are to make lowball offers. We get it because we’ve been there, and we’re sharing our personal experiences to help you make it a little less scary.

We are sharing…

  • Or take on exactly what a lowball offer is
  • Concrete examples of lowball offers we’ve made in our REI businesses
  • What to do if a realtor won’t lowball
  • How you can follow up and still get a deal

Plus, we are sharing something super exciting coming down the pipeline for WIIRE, so make sure to listen all the way through! Lastly, we hope you’ll join us for our upcoming WIIRE Networking Extravaganza on Wednesday, October 23 at 7pm Central.

Thanks for tuning in this week, friends

 

 

 

Resources:

]]> Mon, 14 Oct 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/how-to-submit-lowball-offers-with-success-in-real-estate-DphRJye7 Welcome back, friends! This week’s podcast topic comes courtesy of a convo we recently had at our retreat and we are breaking down all things lowball offers. We hear so often how scared people are to make lowball offers. We get it because we’ve been there, and we’re sharing our personal experiences to help you make it a little less scary.

We are sharing…

  • Or take on exactly what a lowball offer is
  • Concrete examples of lowball offers we’ve made in our REI businesses
  • What to do if a realtor won’t lowball
  • How you can follow up and still get a deal

Plus, we are sharing something super exciting coming down the pipeline for WIIRE, so make sure to listen all the way through! Lastly, we hope you’ll join us for our upcoming WIIRE Networking Extravaganza on Wednesday, October 23 at 7pm Central.

Thanks for tuning in this week, friends

 

 

 

Resources:

]]> WIIRE 148: How to Submit Lowball Offers with Success in Real Estate Amelia McGee, Grace Gudenkauf 00:29:27 Welcome back, friends! This week’s podcast topic comes courtesy of a convo we recently had at our retreat and we are breaking down all things lowball offers. We hear so often how scared people are to make lowball offers. We get it because we’ve been there, and we’re sharing our personal experiences to help you make it a little less scary. Welcome back, friends! This week’s podcast topic comes courtesy of a convo we recently had at our retreat and we are breaking down all things lowball offers. We hear so often how scared people are to make lowball offers. We get it because we’ve been there, and we’re sharing our personal experiences to help you make it a little less scary. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 148 ef388cce-9a1e-45a7-b566-a516392f606a WIIRE 147: Investing After a Crash: Lessons in Real Estate Resilience with Erin Foudy Hey there, friends! Grab your favorite beverage and be ready to take notes because in this podcast episode, we are joined by guest Erin Foudy. Erin is not only our friend, but a WIIRE community member herself, and in this episode, she’s talking the importance of community, and how the WIIRE Facebook Group played a factor in her REI journey, as well as shares her personal transformation from a WIIRE Retreat.

Erin is the queen of killing the 1% rule and owns 6 units across 3 states, investing in Missouri, Arizona, and Colorado. Erin is sharing her story on how she went from being $40k underwater in her first investment home to absolutely killing it in the world of real estate investing. Her story is a perfect example of how ‘time heals all’ in real estate. She also shares the deets on how she funded, refinanced and reused her money to keep her momentum consistently moving the needle forward.

Want to know more about Erin? Connect with her over on Instagram, and also follow her Colorado Vacation Rental Insta account as well!

Thanks for listening, we’ll catch you next time!

 

 

 

Resources:

]]> Mon, 7 Oct 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Erin Foudy) https://women-invest-in-real-estate.simplecast.com/episodes/investing-after-a-crash-lessons-in-real-estate-resilience-with-erin-foudy-EFAKZSbq Hey there, friends! Grab your favorite beverage and be ready to take notes because in this podcast episode, we are joined by guest Erin Foudy. Erin is not only our friend, but a WIIRE community member herself, and in this episode, she’s talking the importance of community, and how the WIIRE Facebook Group played a factor in her REI journey, as well as shares her personal transformation from a WIIRE Retreat.

Erin is the queen of killing the 1% rule and owns 6 units across 3 states, investing in Missouri, Arizona, and Colorado. Erin is sharing her story on how she went from being $40k underwater in her first investment home to absolutely killing it in the world of real estate investing. Her story is a perfect example of how ‘time heals all’ in real estate. She also shares the deets on how she funded, refinanced and reused her money to keep her momentum consistently moving the needle forward.

Want to know more about Erin? Connect with her over on Instagram, and also follow her Colorado Vacation Rental Insta account as well!

Thanks for listening, we’ll catch you next time!

 

 

 

Resources:

]]> WIIRE 147: Investing After a Crash: Lessons in Real Estate Resilience with Erin Foudy Amelia McGee, Grace Gudenkauf, Erin Foudy 00:37:22 Hey there, friends! Grab your favorite beverage and be ready to take notes because in this podcast episode, we are joined by guest Erin Foudy. Erin is not only our friend, but a WIIRE community member herself, and in this episode, she’s talking the importance of community, and how the WIIRE Facebook Group played a factor in her REI journey, as well as shares her personal transformation from a WIIRE Retreat. Hey there, friends! Grab your favorite beverage and be ready to take notes because in this podcast episode, we are joined by guest Erin Foudy. Erin is not only our friend, but a WIIRE community member herself, and in this episode, she’s talking the importance of community, and how the WIIRE Facebook Group played a factor in her REI journey, as well as shares her personal transformation from a WIIRE Retreat. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 147 9ec4b417-130c-4fa3-a0a4-840f01f95448 WIIRE 146: Couple Goals: Real Estate, Relationships, and Financial Freedom with Amanda Rockrohr Hey there, WIIRE community! Welcome back to another podcast episode. This week, we are joined by our friend (and OG WIIRE follower since 2020) Amanda Rockrohr. Something unique about this week’s episode is that we filmed it live, onsite, in the Convertkit studio and in a nutshell, our businesses have grown up together.

In this episode, we talk about…

  • How Amanda got started in REI
  • Why she was compelled to start posting on Instagram
  • The challenges they faced head on when they had to shut down their business when the pandemic turned the world upside down
  • How reading a single book can change your entire mindset

And so much more…

Plus, Amanda is sharing easy tips for couples who work together and the deets on their upcoming couples retreat! You won’t want to miss a second of this interview so get comfy and ready to feel inspired.

Thanks for listening friends, we’ll see you next week.

 

 

 

Resources:

]]> Mon, 30 Sep 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Amanda Rockrohr) https://women-invest-in-real-estate.simplecast.com/episodes/couple-goals-real-estate-relationships-and-financial-freedom-with-amanda-rockrohr-hYEaUl2Z Hey there, WIIRE community! Welcome back to another podcast episode. This week, we are joined by our friend (and OG WIIRE follower since 2020) Amanda Rockrohr. Something unique about this week’s episode is that we filmed it live, onsite, in the Convertkit studio and in a nutshell, our businesses have grown up together.

In this episode, we talk about…

  • How Amanda got started in REI
  • Why she was compelled to start posting on Instagram
  • The challenges they faced head on when they had to shut down their business when the pandemic turned the world upside down
  • How reading a single book can change your entire mindset

And so much more…

Plus, Amanda is sharing easy tips for couples who work together and the deets on their upcoming couples retreat! You won’t want to miss a second of this interview so get comfy and ready to feel inspired.

Thanks for listening friends, we’ll see you next week.

 

 

 

Resources:

]]> WIIRE 146: Couple Goals: Real Estate, Relationships, and Financial Freedom with Amanda Rockrohr Amelia McGee, Grace Gudenkauf, Amanda Rockrohr 00:40:13 This week, we are joined by our friend (and OG WIIRE follower since 2020) Amanda Rockrohr. Something unique about this week’s episode is that we filmed it live, onsite, in the Convertkit studio and in a nutshell, our businesses have grown up together. This week, we are joined by our friend (and OG WIIRE follower since 2020) Amanda Rockrohr. Something unique about this week’s episode is that we filmed it live, onsite, in the Convertkit studio and in a nutshell, our businesses have grown up together. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 146 ab1ce139-d3e8-456f-a4cb-0d6394d94398 WIIRE 145: Building a Short Term Rental Team with Stacey St. John Hey friends, welcome back to another WIIRE episode! We are chatting this week with our friend Stacey St. John who shares with us how she built her STR team after starting out with an accidental rental! Located in Cincinnati, Stacey invests in the Myrtle Beach, South Carolina and Hocking Hills, Ohio markets. She started her investing journey in 2018 and pivoted into the STR market in 2020 and now owns 10 short-term rental properties and manages 34!

We talk about the community Stacey has built and how she has trained her team to manage her entire portfolio, so you won’t want to miss a second of this interview.

Thanks for tuning in, we’ll catch you next time!

 

 

Resources:

]]> Mon, 23 Sep 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Stacey St. John) https://women-invest-in-real-estate.simplecast.com/episodes/building-a-short-term-rental-team-with-stacey-st-john-lrdI_82V Hey friends, welcome back to another WIIRE episode! We are chatting this week with our friend Stacey St. John who shares with us how she built her STR team after starting out with an accidental rental! Located in Cincinnati, Stacey invests in the Myrtle Beach, South Carolina and Hocking Hills, Ohio markets. She started her investing journey in 2018 and pivoted into the STR market in 2020 and now owns 10 short-term rental properties and manages 34!

We talk about the community Stacey has built and how she has trained her team to manage her entire portfolio, so you won’t want to miss a second of this interview.

Thanks for tuning in, we’ll catch you next time!

 

 

Resources:

]]> WIIRE 145: Building a Short Term Rental Team with Stacey St. John Amelia McGee, Grace Gudenkauf, Stacey St. John 00:32:14 Hey friends, welcome back to another WIIRE episode! We are chatting this week with our friend Stacey St. John who shares with us how she built her STR team after starting out with an accidental rental! Located in Cincinnati, Stacey invests in the Myrtle Beach, South Carolina and Hocking Hills, Ohio markets. She started her investing journey in 2018 and pivoted into the STR market in 2020 and now owns 10 short-term rental properties and manages 34! Hey friends, welcome back to another WIIRE episode! We are chatting this week with our friend Stacey St. John who shares with us how she built her STR team after starting out with an accidental rental! Located in Cincinnati, Stacey invests in the Myrtle Beach, South Carolina and Hocking Hills, Ohio markets. She started her investing journey in 2018 and pivoted into the STR market in 2020 and now owns 10 short-term rental properties and manages 34! rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 145 b443e961-1adf-4f26-88cb-94d43646ea25 WIIRE 144: Scaling with Private Money: Strategies for Growing Your Rental Portfolio Welcome back to another episode of the podcast. This week, we’re sharing our favorite ways to leverage private money to grow your real estate portfolio. We’re defining exactly what private money is, the terms, and other details to expect when utilizing it.

If you are interested in finding out how you can use private money to your advantage to grow your portfolio, then grab a pen and notebook and get ready to take notes because it truly isn’t as scary as you think. We also share why you might need to use private money AND 3 quick tips for finding private money, so make sure you tune in!

If you want to learn more about how we’re finding deals with current interest rates in today’s market, grab your seat for our free webinar happening on September 25 at 7pm Central!

Thanks for listening, friends!

 

 

 

Resources:

]]> Mon, 16 Sep 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/scaling-with-private-money-strategies-for-growing-your-rental-portfolio-Krw_HBZo Welcome back to another episode of the podcast. This week, we’re sharing our favorite ways to leverage private money to grow your real estate portfolio. We’re defining exactly what private money is, the terms, and other details to expect when utilizing it.

If you are interested in finding out how you can use private money to your advantage to grow your portfolio, then grab a pen and notebook and get ready to take notes because it truly isn’t as scary as you think. We also share why you might need to use private money AND 3 quick tips for finding private money, so make sure you tune in!

If you want to learn more about how we’re finding deals with current interest rates in today’s market, grab your seat for our free webinar happening on September 25 at 7pm Central!

Thanks for listening, friends!

 

 

 

Resources:

]]> WIIRE 144: Scaling with Private Money: Strategies for Growing Your Rental Portfolio Amelia McGee, Grace Gudenkauf 00:27:21 Welcome back to another episode of the podcast. This week, we’re sharing our favorite ways to leverage private money to grow your real estate portfolio. We’re defining exactly what private money is, the terms, and other details to expect when utilizing it. Welcome back to another episode of the podcast. This week, we’re sharing our favorite ways to leverage private money to grow your real estate portfolio. We’re defining exactly what private money is, the terms, and other details to expect when utilizing it. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 140 24f9aacd-dd23-4119-9142-e4d6d36a1c9d WIIRE 143: Making 6 Figures on ONE Short Term Rental Booking with Sara Nabozna Ready to hear an incredible story that will leave you feeling excited and empowered to take on the world of real estate investing? Buckle up because in this episode, Sara Nabozna shares all of the juicy deets on how she made over 6 figures on her very first short-term rental booking!

Sara lives in NYC and has STR properties in the Hamptons and Park City, Utah. She began investing in 2021 and now has 3 doors, while still working her full-time job at Google, leading global creator partnerships.

You’ll hear some of Sara’s numbers, hear us talk systems, and we dive into processes and time management techniques Sara swears by.

Curious to see what Sarah’s buying next? Head on over to Instagram to find out!

We’ll catch you next week, friends.

 

 

 

Resources:

]]> Mon, 9 Sep 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Sara Nabozna) https://women-invest-in-real-estate.simplecast.com/episodes/making-6-figures-on-one-short-term-rental-booking-with-sara-nabozna-ioyl_izm Ready to hear an incredible story that will leave you feeling excited and empowered to take on the world of real estate investing? Buckle up because in this episode, Sara Nabozna shares all of the juicy deets on how she made over 6 figures on her very first short-term rental booking!

Sara lives in NYC and has STR properties in the Hamptons and Park City, Utah. She began investing in 2021 and now has 3 doors, while still working her full-time job at Google, leading global creator partnerships.

You’ll hear some of Sara’s numbers, hear us talk systems, and we dive into processes and time management techniques Sara swears by.

Curious to see what Sarah’s buying next? Head on over to Instagram to find out!

We’ll catch you next week, friends.

 

 

 

Resources:

]]> WIIRE 143: Making 6 Figures on ONE Short Term Rental Booking with Sara Nabozna Amelia McGee, Grace Gudenkauf, Sara Nabozna 00:33:08 Ready to hear an incredible story that will leave you feeling excited and empowered to take on the world of real estate investing? Buckle up because in this episode, Sara Nabozna shares all of the juicy deets on how she made over 6 figures on her very first short-term rental booking! Ready to hear an incredible story that will leave you feeling excited and empowered to take on the world of real estate investing? Buckle up because in this episode, Sara Nabozna shares all of the juicy deets on how she made over 6 figures on her very first short-term rental booking! rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 143 4a292589-497f-467e-b441-a3cf009a4612 WIIRE 142: How To Start Delegating in Your Business One of the things we’re frequently asked is how we knew when it was time to start delegating in our business and exactly what that looked like. So, in this week’s episode, we’re detailing what made us finally pull the trigger and hire out in our biz (both in our personal REI businesses and with WIIRE!) and how we did that. We’re diving into tasks we outsourced and how we trained our new hires to set everyone up for success.

Plus, take the next steps to getting your REI business super organized (and keeping it that way) and grab our free SOP Templates download!

We’re so grateful for each of you; thank you for tuning in!

 

 

 

Resources:

]]> Mon, 2 Sep 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/how-to-start-delegating-in-your-business-RCL8kIVH One of the things we’re frequently asked is how we knew when it was time to start delegating in our business and exactly what that looked like. So, in this week’s episode, we’re detailing what made us finally pull the trigger and hire out in our biz (both in our personal REI businesses and with WIIRE!) and how we did that. We’re diving into tasks we outsourced and how we trained our new hires to set everyone up for success.

Plus, take the next steps to getting your REI business super organized (and keeping it that way) and grab our free SOP Templates download!

We’re so grateful for each of you; thank you for tuning in!

 

 

 

Resources:

]]> WIIRE 142: How To Start Delegating in Your Business Amelia McGee, Grace Gudenkauf 00:28:04 One of the things we’re frequently asked is how we knew when it was time to start delegating in our business and exactly what that looked like. So, in this week’s episode, we’re detailing what made us finally pull the trigger and hire out in our biz (both in our personal REI businesses and with WIIRE!) and how we did that. We’re diving into tasks we outsourced and how we trained our new hires to set everyone up for success. One of the things we’re frequently asked is how we knew when it was time to start delegating in our business and exactly what that looked like. So, in this week’s episode, we’re detailing what made us finally pull the trigger and hire out in our biz (both in our personal REI businesses and with WIIRE!) and how we did that. We’re diving into tasks we outsourced and how we trained our new hires to set everyone up for success. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 142 f85de496-b494-4a68-b358-2868f03d121b WIIRE 141: Using the BRRRR Strategy to Scale Quickly It’s been a minute since we’ve touched on the BRRRR method and in this week’s episode, we’re sharing with you our favorite ways to use this powerful strategy. We’re getting into the nitty-gritty of exactly what the BRRRR strategy is, how you can use it to grow your portfolio, the pros and cons of using the BRRRR method, and its 5 parts.

To start, let’s define the BRRRR strategy. 

BRRRR stands for:

  • Buy
  • Rehab
  • Rent
  • Refinance
  • Repeat

We’re also sharing with you how we have both used this method giving real-life examples!

Still curious about the BRRRR method? Join our free WIIRE Facebook group to learn from all levels of female investors, just like you!

We’ll catch you next week, friends.

 

 

 

Resources:

]]> Mon, 26 Aug 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/using-the-brrrr-strategy-to-scale-quickly-X4FSnzFs It’s been a minute since we’ve touched on the BRRRR method and in this week’s episode, we’re sharing with you our favorite ways to use this powerful strategy. We’re getting into the nitty-gritty of exactly what the BRRRR strategy is, how you can use it to grow your portfolio, the pros and cons of using the BRRRR method, and its 5 parts.

To start, let’s define the BRRRR strategy. 

BRRRR stands for:

  • Buy
  • Rehab
  • Rent
  • Refinance
  • Repeat

We’re also sharing with you how we have both used this method giving real-life examples!

Still curious about the BRRRR method? Join our free WIIRE Facebook group to learn from all levels of female investors, just like you!

We’ll catch you next week, friends.

 

 

 

Resources:

]]> WIIRE 141: Using the BRRRR Strategy to Scale Quickly Amelia McGee, Grace Gudenkauf 00:30:36 It’s been a minute since we’ve touched on the BRRRR method and in this week’s episode, we’re sharing with you our favorite ways to use this powerful strategy. We’re getting into the nitty-gritty of exactly what the BRRRR strategy is, how you can use it to grow your portfolio, the pros and cons of using the BRRRR method, and its 5 parts. It’s been a minute since we’ve touched on the BRRRR method and in this week’s episode, we’re sharing with you our favorite ways to use this powerful strategy. We’re getting into the nitty-gritty of exactly what the BRRRR strategy is, how you can use it to grow your portfolio, the pros and cons of using the BRRRR method, and its 5 parts. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 141 ca97d62e-0370-4c6d-b585-f5f9c30a3ce3 WIIRE 140: Rental Arbitrage and Short Term Rental Tips with Sarah Pell Hey friends! We are so excited for you to tune into this week’s episode, which features our friend Sarah Pell, a nomadic investor who lives in a camper in Des Moines, Iowa. Sarah started investing in 2019, initially only investing in long-term rentals but pivoted in 2021 to now cohosting and offering short-term rental units.

With 4 long-term rental doors, cohosts 3 rental units, and 3 rental arbitrage units, Sarah shares her amazing perspective on owning and operating in the world of REI.

We dive deep into:

  • Exactly what rental arbitrage is
  • Short-term rentals and cohosting
  • Talking to landlords about rental arbitrage
  • The tech and tools Sarah uses in the day-to-day
  • Sarah’s best tips on management

Sarah also shares her formula on how to price out furnishing your property appropriately - you won’t want to miss it!

Want to know more?

✨ Join us at our Intermediate Retreat: September 5 - 8

✨ Join us at our Advanced Retreat: September 12-15

See what is up next for Sarah over on Instagram or by checking out her website.

Thanks for listening!

 

 

 

Resources:

]]> Mon, 19 Aug 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Sarah Pell) https://women-invest-in-real-estate.simplecast.com/episodes/rental-arbitrage-and-short-term-rental-tips-with-sarah-pell-7U_qbIRa Hey friends! We are so excited for you to tune into this week’s episode, which features our friend Sarah Pell, a nomadic investor who lives in a camper in Des Moines, Iowa. Sarah started investing in 2019, initially only investing in long-term rentals but pivoted in 2021 to now cohosting and offering short-term rental units.

With 4 long-term rental doors, cohosts 3 rental units, and 3 rental arbitrage units, Sarah shares her amazing perspective on owning and operating in the world of REI.

We dive deep into:

  • Exactly what rental arbitrage is
  • Short-term rentals and cohosting
  • Talking to landlords about rental arbitrage
  • The tech and tools Sarah uses in the day-to-day
  • Sarah’s best tips on management

Sarah also shares her formula on how to price out furnishing your property appropriately - you won’t want to miss it!

Want to know more?

✨ Join us at our Intermediate Retreat: September 5 - 8

✨ Join us at our Advanced Retreat: September 12-15

See what is up next for Sarah over on Instagram or by checking out her website.

Thanks for listening!

 

 

 

Resources:

]]> WIIRE 140: Rental Arbitrage and Short Term Rental Tips with Sarah Pell Amelia McGee, Grace Gudenkauf, Sarah Pell 00:33:30 Hey friends! We are so excited for you to tune into this week’s episode, which features our friend Sarah Pell, a nomadic investor who lives in a camper in Des Moines, Iowa. Sarah started investing in 2019, initially only investing in long-term rentals but pivoted in 2021 to now cohosting and offering short-term rental units. Hey friends! We are so excited for you to tune into this week’s episode, which features our friend Sarah Pell, a nomadic investor who lives in a camper in Des Moines, Iowa. Sarah started investing in 2019, initially only investing in long-term rentals but pivoted in 2021 to now cohosting and offering short-term rental units. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 140 1c6ba6bd-cd5b-4efa-b3de-cd1e073011d5 WIIRE 139: Handling Problem Tenants Like a Pro Have you ever had a tenant that you thought was just the worst tenant, ever? We’ve been there, and this week, we are sharing with you our best methods for mitigating problem tenants and the importance of training your tenants from the get-go. When you train your tenants (whether they are new or inherited with the property), you are showing them a first glance at how you run your business, and when you stick to your best practices, you’ll be grateful you did in the long run.

Make sure you grab your spot our upcoming free webinar this Wednesday, August 14 at 7pm Central. We would love to have you join us!

Ready to come hang out with us at one of our retreats? Check out our two options:

✨ Join us at our Intermediate Retreat: September 5 - 8

✨ Join us at our Advanced Retreat: September 12-15

Have a question about the webinar or our retreat? We would love to answer them!

We’ll catch you next time!

 

 

Resources:

]]> Mon, 12 Aug 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/handling-problem-tenants-like-a-pro-XmMgKJzY Have you ever had a tenant that you thought was just the worst tenant, ever? We’ve been there, and this week, we are sharing with you our best methods for mitigating problem tenants and the importance of training your tenants from the get-go. When you train your tenants (whether they are new or inherited with the property), you are showing them a first glance at how you run your business, and when you stick to your best practices, you’ll be grateful you did in the long run.

Make sure you grab your spot our upcoming free webinar this Wednesday, August 14 at 7pm Central. We would love to have you join us!

Ready to come hang out with us at one of our retreats? Check out our two options:

✨ Join us at our Intermediate Retreat: September 5 - 8

✨ Join us at our Advanced Retreat: September 12-15

Have a question about the webinar or our retreat? We would love to answer them!

We’ll catch you next time!

 

 

Resources:

]]> WIIRE 139: Handling Problem Tenants Like a Pro Amelia McGee, Grace Gudenkauf 00:27:03 Have you ever had a tenant that you thought was just the worst tenant, ever? We’ve been there, and this week, we are sharing with you our best methods for mitigating problem tenants and the importance of training your tenants from the get-go. When you train your tenants (whether they are new or inherited with the property), you are showing them a first glance at how you run your business, and when you stick to your best practices, you’ll be grateful you did in the long run. Have you ever had a tenant that you thought was just the worst tenant, ever? We’ve been there, and this week, we are sharing with you our best methods for mitigating problem tenants and the importance of training your tenants from the get-go. When you train your tenants (whether they are new or inherited with the property), you are showing them a first glance at how you run your business, and when you stick to your best practices, you’ll be grateful you did in the long run. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 139 2ce74464-f0d7-4969-a8a4-d84b2b2e3502 WIIRE 138: How to Onboard Inherited Tenants Hey friends, we are excited you’ve joined us again because this week we are deep-diving into something we BOTH have a lot of experience with: onboarding inherited tenants. We’re going to start with what exactly an inherited tenant is, pros and cons of inherited tenants, why you might want to consider placing your own tenants, and what to do when you are buying a property with inherited tenants.

If you want to get into the nitty gritty and learn more about self-managing rental properties, check out our book, released by Bigger Pockets, The Self-Managing Landlord.

PLUS, you can join us at our upcoming free webinar on Wednesday, August 14 at 7pm Central. We would love to have you join us!

Thanks for listening, friends. We’ll catch you next week!

 

 

Resources:

]]> Mon, 5 Aug 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/how-to-onboard-inherited-tenants-bvoJ1AIO Hey friends, we are excited you’ve joined us again because this week we are deep-diving into something we BOTH have a lot of experience with: onboarding inherited tenants. We’re going to start with what exactly an inherited tenant is, pros and cons of inherited tenants, why you might want to consider placing your own tenants, and what to do when you are buying a property with inherited tenants.

If you want to get into the nitty gritty and learn more about self-managing rental properties, check out our book, released by Bigger Pockets, The Self-Managing Landlord.

PLUS, you can join us at our upcoming free webinar on Wednesday, August 14 at 7pm Central. We would love to have you join us!

Thanks for listening, friends. We’ll catch you next week!

 

 

Resources:

]]> WIIRE 138: How to Onboard Inherited Tenants Amelia McGee, Grace Gudenkauf 00:21:21 Hey friends, we are excited you’ve joined us again because this week we are deep-diving into something we BOTH have a lot of experience with: onboarding inherited tenants. We’re going to start with what exactly an inherited tenant is, pros and cons of inherited tenants, why you might want to consider placing your own tenants, and what to do when you are buying a property with inherited tenants. Hey friends, we are excited you’ve joined us again because this week we are deep-diving into something we BOTH have a lot of experience with: onboarding inherited tenants. We’re going to start with what exactly an inherited tenant is, pros and cons of inherited tenants, why you might want to consider placing your own tenants, and what to do when you are buying a property with inherited tenants. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 138 441dba3a-8a7f-4f09-acee-e891ce20fde6 WIIRE 137: Ditching Corporate America to Pursue Real Estate with Kayla Pennington Hello everyone, welcome back to another podcast episode! This week we are excited to welcome our friend, Kayla Pennington, an investor in the Louisville, Kentucky, and Nashville, Tennessee, markets. Kayla also attended one of our WIIRE retreats and joined us earlier in 2024 in CEO Bootcamp.

Kayla started in investing journey in 2022 and now has 6 doors after ditching her golden handcuffs with a multi-six-figure job in medical sales. She decided to pursue real estate investing and entrepreneurship and is now scaling her REI business like a true CEO. It wasn’t that she didn’t love her job, but she learned that she was outgrowing it and the company was heading in a different direction than what she wanted out of her own life. She made the decision to pivot and never looked back.

One lesson Kayla shares that we think will truly resonate with our audience is the importance of finding your tribe. Being an entrepreneur can be lonely. So find those who lift you up, drive you and keep you motivated to always stay moving forward.

Head on over to Instagram and see what Kayla is up to next.

Thanks for tuning in!

 

 

Resources:

]]> Mon, 29 Jul 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Kayla Pennington, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/ditching-corporate-america-to-pursue-real-estate-with-kayla-pennington-exw0qHe7 Hello everyone, welcome back to another podcast episode! This week we are excited to welcome our friend, Kayla Pennington, an investor in the Louisville, Kentucky, and Nashville, Tennessee, markets. Kayla also attended one of our WIIRE retreats and joined us earlier in 2024 in CEO Bootcamp.

Kayla started in investing journey in 2022 and now has 6 doors after ditching her golden handcuffs with a multi-six-figure job in medical sales. She decided to pursue real estate investing and entrepreneurship and is now scaling her REI business like a true CEO. It wasn’t that she didn’t love her job, but she learned that she was outgrowing it and the company was heading in a different direction than what she wanted out of her own life. She made the decision to pivot and never looked back.

One lesson Kayla shares that we think will truly resonate with our audience is the importance of finding your tribe. Being an entrepreneur can be lonely. So find those who lift you up, drive you and keep you motivated to always stay moving forward.

Head on over to Instagram and see what Kayla is up to next.

Thanks for tuning in!

 

 

Resources:

]]> WIIRE 137: Ditching Corporate America to Pursue Real Estate with Kayla Pennington Amelia McGee, Kayla Pennington, Grace Gudenkauf 00:39:08 This week we are excited to welcome our friend, Kayla Pennington, an investor in the Louisville, Kentucky, and Nashville, Tennessee, markets. Kayla also attended one of our WIIRE retreats and joined us earlier in 2024 in CEO Bootcamp. Kayla started in investing journey in 2022 and now has 6 doors after ditching her golden handcuffs with a multi-six-figure job in medical sales. She decided to pursue real estate investing and entrepreneurship and is now scaling her REI business like a true CEO. It wasn’t that she didn’t love her job, but she learned that she was outgrowing it and the company was heading in a different direction than what she wanted out of her own life. She made the decision to pivot and never looked back. This week we are excited to welcome our friend, Kayla Pennington, an investor in the Louisville, Kentucky, and Nashville, Tennessee, markets. Kayla also attended one of our WIIRE retreats and joined us earlier in 2024 in CEO Bootcamp. Kayla started in investing journey in 2022 and now has 6 doors after ditching her golden handcuffs with a multi-six-figure job in medical sales. She decided to pursue real estate investing and entrepreneurship and is now scaling her REI business like a true CEO. It wasn’t that she didn’t love her job, but she learned that she was outgrowing it and the company was heading in a different direction than what she wanted out of her own life. She made the decision to pivot and never looked back. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 137 a1273b69-adbd-41d1-ba26-a3e872c156d9 WIIRE 136: Behind the Scenes: New Airbnb Launch and Hiring More Team Members Hey friends, we hope you’re ready to hear all of the deets on what’s been happening in each of our lives, our portfolios, WIIRE and find out what’s coming up next because this week we’re catching up on all of that, and more! We’re giving you the inside scoop on Grace’s trip to Europe, Amelia’s historic coffee shop progress, and even sharing some must-know info on the upcoming WIIRE Retreats that we know you’ll be excited to hear!

Don’t forget to grab your spot for one of our upcoming retreats in Salt Lake City!

✨ Join us at our Intermediate Retreat: September 5 - 8

✨ Join us at our Advanced Retreat: September 12-15

We would LOVE to have you join us, but you might still have questions, and that’s totally okay. Reach out to us on Instagram or DM Grace or Amelia directly to get them answered before spaces fill up!

Thanks so much for tuning in, friends. We’ll catch you in the next episode!

 

 

 

Resources:

]]> Mon, 22 Jul 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/behind-the-scenes-new-airbnb-launch-and-hiring-more-team-members-w64VK39s Hey friends, we hope you’re ready to hear all of the deets on what’s been happening in each of our lives, our portfolios, WIIRE and find out what’s coming up next because this week we’re catching up on all of that, and more! We’re giving you the inside scoop on Grace’s trip to Europe, Amelia’s historic coffee shop progress, and even sharing some must-know info on the upcoming WIIRE Retreats that we know you’ll be excited to hear!

Don’t forget to grab your spot for one of our upcoming retreats in Salt Lake City!

✨ Join us at our Intermediate Retreat: September 5 - 8

✨ Join us at our Advanced Retreat: September 12-15

We would LOVE to have you join us, but you might still have questions, and that’s totally okay. Reach out to us on Instagram or DM Grace or Amelia directly to get them answered before spaces fill up!

Thanks so much for tuning in, friends. We’ll catch you in the next episode!

 

 

 

Resources:

]]> WIIRE 136: Behind the Scenes: New Airbnb Launch and Hiring More Team Members Amelia McGee, Grace Gudenkauf 00:31:22 Hey friends, we hope you’re ready to hear all of the deets on what’s been happening in each of our lives, our portfolios, WIIRE and find out what’s coming up next because this week we’re catching up on all of that, and more! We’re giving you the inside scoop on Grace’s trip to Europe, Amelia’s historic coffee shop progress, and even sharing some must-know info on the upcoming WIIRE Retreats that we know you’ll be excited to hear! Hey friends, we hope you’re ready to hear all of the deets on what’s been happening in each of our lives, our portfolios, WIIRE and find out what’s coming up next because this week we’re catching up on all of that, and more! We’re giving you the inside scoop on Grace’s trip to Europe, Amelia’s historic coffee shop progress, and even sharing some must-know info on the upcoming WIIRE Retreats that we know you’ll be excited to hear! rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 136 0a204ad5-053f-47c3-8730-b6b6496e2393 WIIRE 135: Investor Friendly Agent Tips with Katelyn Nikolaev Hey there WIIRE friends! This week we are welcoming our friend (who doubles as Grace’s realtor), Katelyn Nikolaev, to the podcast. Katelyn is an investor-friendly agent in the Cedar Rapids area. She has 9 units herself and has sold over 100 houses since she started her journey in real estate in February 2022.

In this episode, Katelyn shares why she transitioned out of her career in law enforcement into being a full-time realtor, how to be an investor-friendly agent, and how to find investor-friendly agents. Katelyn and Grace really pull back the curtain to give you a glimpse into their working relationship and why it’s so important to find the right agent for your business.

Connect with Katelyn on Instagram and make sure you listen to the full episode because she also shares her cell phone number where you can reach out to her personally!

Thanks for listening!

 

 

 

Resources:

]]> Thu, 18 Jul 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Katelyn Nikolaev) https://women-invest-in-real-estate.simplecast.com/episodes/investor-friendly-agent-tips-with-katelyn-nikolaev-85SjKybe Hey there WIIRE friends! This week we are welcoming our friend (who doubles as Grace’s realtor), Katelyn Nikolaev, to the podcast. Katelyn is an investor-friendly agent in the Cedar Rapids area. She has 9 units herself and has sold over 100 houses since she started her journey in real estate in February 2022.

In this episode, Katelyn shares why she transitioned out of her career in law enforcement into being a full-time realtor, how to be an investor-friendly agent, and how to find investor-friendly agents. Katelyn and Grace really pull back the curtain to give you a glimpse into their working relationship and why it’s so important to find the right agent for your business.

Connect with Katelyn on Instagram and make sure you listen to the full episode because she also shares her cell phone number where you can reach out to her personally!

Thanks for listening!

 

 

 

Resources:

]]> WIIRE 135: Investor Friendly Agent Tips with Katelyn Nikolaev Amelia McGee, Grace Gudenkauf, Katelyn Nikolaev 00:37:47 This week we are welcoming our friend (who doubles as Grace’s realtor), Katelyn Nikolaev, to the podcast. Katelyn is an investor-friendly agent in the Cedar Rapids area. She has 9 units herself and has sold over 100 houses since she started her journey in real estate in February 2022. This week we are welcoming our friend (who doubles as Grace’s realtor), Katelyn Nikolaev, to the podcast. Katelyn is an investor-friendly agent in the Cedar Rapids area. She has 9 units herself and has sold over 100 houses since she started her journey in real estate in February 2022. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 135 531e8d01-7018-463a-b614-65623734af15 WIIRE 134: 5 Dynamic Real Estate Partnerships Formed at WIIRE Retreats We try to always be authentic and genuine on the podcast and that is exactly what you can expect if you join us on one of our upcoming retreats! The women who attend our retreats are nothing short of inspiring and also some of the most authentic women you’ll ever meet in the REI biz. The connections formed at these retreats are genuine and made to last. This week on the podcast, we are sharing 5 of the many dynamic partnerships that were born at our WIIRE retreats.

These retreats are designed for investors just like you to help explode your business and change what you think is possible in your business. We’re also sharing why it’s so important to form those genuine connections with other like-minded female investors and how you can join us at an upcoming retreat.

Have specific questions about what to expect at a retreat, or about the retreat itself? Reach out, we’d love to answer them!

Thanks for listening!

 

 

 

Resources:

]]> Mon, 15 Jul 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/5-dynamic-real-estate-partnerships-formed-at-wiire-retreats-1HqXu_rp We try to always be authentic and genuine on the podcast and that is exactly what you can expect if you join us on one of our upcoming retreats! The women who attend our retreats are nothing short of inspiring and also some of the most authentic women you’ll ever meet in the REI biz. The connections formed at these retreats are genuine and made to last. This week on the podcast, we are sharing 5 of the many dynamic partnerships that were born at our WIIRE retreats.

These retreats are designed for investors just like you to help explode your business and change what you think is possible in your business. We’re also sharing why it’s so important to form those genuine connections with other like-minded female investors and how you can join us at an upcoming retreat.

Have specific questions about what to expect at a retreat, or about the retreat itself? Reach out, we’d love to answer them!

Thanks for listening!

 

 

 

Resources:

]]> WIIRE 134: 5 Dynamic Real Estate Partnerships Formed at WIIRE Retreats Amelia McGee, Grace Gudenkauf 00:28:34 We try to always be authentic and genuine on the podcast and that is exactly what you can expect if you join us on one of our upcoming retreats! The women who attend our retreats are nothing short of inspiring and also some of the most authentic women you’ll ever meet in the REI biz. The connections formed at these retreats are genuine and made to last. This week on the podcast, we are sharing 5 of the many dynamic partnerships that were born at our WIIRE retreats. We try to always be authentic and genuine on the podcast and that is exactly what you can expect if you join us on one of our upcoming retreats! The women who attend our retreats are nothing short of inspiring and also some of the most authentic women you’ll ever meet in the REI biz. The connections formed at these retreats are genuine and made to last. This week on the podcast, we are sharing 5 of the many dynamic partnerships that were born at our WIIRE retreats. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 134 fab1756b-cfbd-4afa-91df-58d5af65fc8d WIIRE 133: Navigating Creative Financing Deals with Jenn & Joe Delle Fave This week on the podcast, we are welcoming back Jenn and Joe Delle Fave, one of our favorite REI duos and Grace’s original Creative Finance mentors. In this episode, you’ll hear a behind-the-scenes look into their business, PLUS real-life creative finance deal examples that they have recently done and are currently in process. You won’t want to miss a second of this episode!

Listen to Jenn & Joe’s other WIIRE episodes:

If you want to know more about working with Jenn and Joe, make sure you listen to the full episode. Joe shares his personal cell phone number, so you can reach out to get personal 1:1 advice right from him!

As always, thank you for tuning in, friends!

 

 

 

Resources:

]]> Thu, 11 Jul 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Joe Delle Fave, Jenn Delle Fave) https://women-invest-in-real-estate.simplecast.com/episodes/navigating-creative-financing-deals-with-jenn-joe-delle-fave-Ni5Selni This week on the podcast, we are welcoming back Jenn and Joe Delle Fave, one of our favorite REI duos and Grace’s original Creative Finance mentors. In this episode, you’ll hear a behind-the-scenes look into their business, PLUS real-life creative finance deal examples that they have recently done and are currently in process. You won’t want to miss a second of this episode!

Listen to Jenn & Joe’s other WIIRE episodes:

If you want to know more about working with Jenn and Joe, make sure you listen to the full episode. Joe shares his personal cell phone number, so you can reach out to get personal 1:1 advice right from him!

As always, thank you for tuning in, friends!

 

 

 

Resources:

]]> WIIRE 133: Navigating Creative Financing Deals with Jenn & Joe Delle Fave Amelia McGee, Grace Gudenkauf, Joe Delle Fave, Jenn Delle Fave 00:48:42 This week on the podcast, we are welcoming back Jenn and Joe Delle Fave, one of our favorite REI duos and Grace’s original Creative Finance mentors. In this episode, you’ll hear a behind-the-scenes look into their business, PLUS real-life creative finance deal examples that they have recently done and are currently in process. You won’t want to miss a second of this episode! This week on the podcast, we are welcoming back Jenn and Joe Delle Fave, one of our favorite REI duos and Grace’s original Creative Finance mentors. In this episode, you’ll hear a behind-the-scenes look into their business, PLUS real-life creative finance deal examples that they have recently done and are currently in process. You won’t want to miss a second of this episode! rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 133 7a731b73-537f-41e1-b00d-e356b6c2106c WIIRE 132: How to Use 'Love Letters' to Source Properties Hey friends, we are so excited to talk to you today about ‘love letters’ in the world of real estate investing. Now you might be thinking, ‘Seriously, Amelia & Grace, love letters?’, but hear us out because this tool is something that absolutely should be in your toolkit, especially if you like scoring off-market deals (who doesn’t!), but we will be touching on writing a love letter for both on and off-market properties.

First, let’s clarify that we’re not talking about those mass mailers. These love letters are curated and personalized to a specific property that you want to purchase.

Some questions we will be answering are…

  • Are love letters even effective?
  • Why should you use a love letter?
  • Instances where we have both used them

We’ll also be covering what should be included in a love letter and how to make the biggest impact in writing to a potential seller.

We would love to hear whether you’ve used a love letter to try to purchase a property and if it worked!

Thanks for listening!

 

 

 

Resources:

]]> Mon, 8 Jul 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/how-to-use-love-letters-to-source-properties-uzL9zhiT Hey friends, we are so excited to talk to you today about ‘love letters’ in the world of real estate investing. Now you might be thinking, ‘Seriously, Amelia & Grace, love letters?’, but hear us out because this tool is something that absolutely should be in your toolkit, especially if you like scoring off-market deals (who doesn’t!), but we will be touching on writing a love letter for both on and off-market properties.

First, let’s clarify that we’re not talking about those mass mailers. These love letters are curated and personalized to a specific property that you want to purchase.

Some questions we will be answering are…

  • Are love letters even effective?
  • Why should you use a love letter?
  • Instances where we have both used them

We’ll also be covering what should be included in a love letter and how to make the biggest impact in writing to a potential seller.

We would love to hear whether you’ve used a love letter to try to purchase a property and if it worked!

Thanks for listening!

 

 

 

Resources:

]]> WIIRE 132: How to Use 'Love Letters' to Source Properties Amelia McGee, Grace Gudenkauf 00:18:08 Hey friends, we are so excited to talk to you today about ‘love letters’ in the world of real estate investing. Now you might be thinking, ‘Seriously, Amelia & Grace, love letters?’, but hear us out because this tool is something that absolutely should be in your toolkit, especially if you like scoring off-market deals (who doesn’t!), but we will be touching on writing a love letter for both on and off-market properties. Hey friends, we are so excited to talk to you today about ‘love letters’ in the world of real estate investing. Now you might be thinking, ‘Seriously, Amelia & Grace, love letters?’, but hear us out because this tool is something that absolutely should be in your toolkit, especially if you like scoring off-market deals (who doesn’t!), but we will be touching on writing a love letter for both on and off-market properties. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 132 36379d0b-3de4-46ae-b0d7-7ee3c121cdfe WIIRE 131: Why You Need to Come to a WIIRE Retreat [Replay] Hey everyone, welcome back to another podcast episode! In this episode, we are giving you a behind-the-scenes look at our Phoenix retreat! Tickets sold out for this retreat in under 12 hours and never even went live to the public - they sold out to our waitlist!

We are sharing exactly what the itinerary looked like, how we dove into not only our investing journey and portfolios, and also how we dug deep into the mindset work that it takes to be an investor. You’ll also hear why hot seats are one of our favorite parts of these retreats as well as some surprises we had in store for our guests, and a few testimonials from attendees.

This retreat was absolutely incredible and jam-packed with memorable moments and key takeaways and we hope you’ll put your name on the waitlist for our next retreat, happening in September in the beautiful town of Salt Lake City!

✨ Join us at our Intermediate Retreat: September 5 - 8

✨ Join us at our Advanced Retreat: September 12-15

Thanks for tuning in, friends!

 

 

Resources:

]]> Thu, 4 Jul 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/why-you-need-to-come-to-a-wiire-retreat-replay-SSuN53gU Hey everyone, welcome back to another podcast episode! In this episode, we are giving you a behind-the-scenes look at our Phoenix retreat! Tickets sold out for this retreat in under 12 hours and never even went live to the public - they sold out to our waitlist!

We are sharing exactly what the itinerary looked like, how we dove into not only our investing journey and portfolios, and also how we dug deep into the mindset work that it takes to be an investor. You’ll also hear why hot seats are one of our favorite parts of these retreats as well as some surprises we had in store for our guests, and a few testimonials from attendees.

This retreat was absolutely incredible and jam-packed with memorable moments and key takeaways and we hope you’ll put your name on the waitlist for our next retreat, happening in September in the beautiful town of Salt Lake City!

✨ Join us at our Intermediate Retreat: September 5 - 8

✨ Join us at our Advanced Retreat: September 12-15

Thanks for tuning in, friends!

 

 

Resources:

]]> WIIRE 131: Why You Need to Come to a WIIRE Retreat [Replay] Amelia McGee, Grace Gudenkauf 00:24:39 Hey everyone, welcome back to another podcast episode! In this episode, we are giving you a behind-the-scenes look at our Phoenix retreat! Tickets sold out for this retreat in under 12 hours and never even went live to the public - they sold out to our waitlist! Hey everyone, welcome back to another podcast episode! In this episode, we are giving you a behind-the-scenes look at our Phoenix retreat! Tickets sold out for this retreat in under 12 hours and never even went live to the public - they sold out to our waitlist! rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 131 f60e2a07-fa8d-4ec1-9829-9fc5a0beb53a WIIRE 130: Ask A&G: Do You Allow Reptiles in Your Rentals? Hey WIIRE listeners, today’s episode is another segment of our mini-series, Ask A&G. We pull questions that we are asked in our DMs on Instagram and in our Facebook group and we would love to hear from you!

Some of the questions we’re answering in this episode are…

  • Do you allow reptiles in your rental properties?
  • Have you ever had someone inquire about doing a 6-12 month stay in an MTR rental?
  • and more…

We would love to answer your questions so click on the link above to submit yours!

Thanks for listening!

 

 

 

Resources:

]]> Mon, 1 Jul 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/ask-ag-do-you-allow-reptiles-in-your-rentals-SowYS9R2 Hey WIIRE listeners, today’s episode is another segment of our mini-series, Ask A&G. We pull questions that we are asked in our DMs on Instagram and in our Facebook group and we would love to hear from you!

Some of the questions we’re answering in this episode are…

  • Do you allow reptiles in your rental properties?
  • Have you ever had someone inquire about doing a 6-12 month stay in an MTR rental?
  • and more…

We would love to answer your questions so click on the link above to submit yours!

Thanks for listening!

 

 

 

Resources:

]]> WIIRE 130: Ask A&G: Do You Allow Reptiles in Your Rentals? Amelia McGee, Grace Gudenkauf 00:28:08 Hey WIIRE listeners, today’s episode is another segment of our mini-series, Ask A&G. We pull questions that we are asked in our DMs on Instagram and in our Facebook group and we would love to hear from you! Hey WIIRE listeners, today’s episode is another segment of our mini-series, Ask A&G. We pull questions that we are asked in our DMs on Instagram and in our Facebook group and we would love to hear from you! rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 130 551a3857-94f1-463f-b42f-6698429b6c45 WIIRE 129: How to Flip a Property Without Buying it Using a Novation Agreement with Mike Scarpa This week, we are welcoming our friend Mike Scarpa to the podcast. He is giving the lowdown on novation agreements: what they are, when you should use them, and how to negotiate one. Mike is a creative finance wiz who has done over 100 creative deals!

You might recognize Mike’s name from hearing us talk about him on Jae’s episode as her life and business partner. Find all of Jae’s episodes below:

This powerhouse duo offers creative finance coaching and has spots open for new coaching clients right now, so if you’ve ever wanted 1:1 coaching into the world of creative finance, now is the time!

Thanks for listening, we hope you loved this episode as much as we did!

 

 

 

Resources:

]]> Thu, 27 Jun 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Mike Scarpa) https://women-invest-in-real-estate.simplecast.com/episodes/how-to-flip-a-property-without-buying-it-using-a-novation-agreement-with-mike-scarpa-BaJM87Rd This week, we are welcoming our friend Mike Scarpa to the podcast. He is giving the lowdown on novation agreements: what they are, when you should use them, and how to negotiate one. Mike is a creative finance wiz who has done over 100 creative deals!

You might recognize Mike’s name from hearing us talk about him on Jae’s episode as her life and business partner. Find all of Jae’s episodes below:

This powerhouse duo offers creative finance coaching and has spots open for new coaching clients right now, so if you’ve ever wanted 1:1 coaching into the world of creative finance, now is the time!

Thanks for listening, we hope you loved this episode as much as we did!

 

 

 

Resources:

]]> WIIRE 129: How to Flip a Property Without Buying it Using a Novation Agreement with Mike Scarpa Amelia McGee, Grace Gudenkauf, Mike Scarpa 00:25:57 This week, we are welcoming our friend Mike Scarpa to the podcast. He is giving the lowdown on novation agreements: what they are, when you should use them, and how to negotiate one. Mike is a creative finance wiz who has done over 100 creative deals! This week, we are welcoming our friend Mike Scarpa to the podcast. He is giving the lowdown on novation agreements: what they are, when you should use them, and how to negotiate one. Mike is a creative finance wiz who has done over 100 creative deals! rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 129 45cd5f6e-38b2-41c7-acbe-2c1dcfdb14ba WIIRE 128: Exit Strategies for Creative Finance Deals We talk a lot on the podcast about sourcing and executing deals but something we don’t frequently touch on is the importance of having an exit strategy for your investment properties. So today on the podcast, we are sharing our top 5 exit strategies for creative finance deals. You’ll learn how and when to use them, and how we have used them in our own portfolio as well.

In case you missed them, make sure you listen to our other episodes where we deep dive into various areas of creative finance:

Have you used any of these exit strategies to adapt your portfolio, or have another unique method we didn’t touch on in this episode? Share it with us over on Instagram! We’d love to hear from you!

Thanks for tuning in, friends! We’ll catch you next time.

 

 

 

Resources:

]]> Mon, 24 Jun 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/exit-strategies-for-creative-finance-deals-sI0vDD8K We talk a lot on the podcast about sourcing and executing deals but something we don’t frequently touch on is the importance of having an exit strategy for your investment properties. So today on the podcast, we are sharing our top 5 exit strategies for creative finance deals. You’ll learn how and when to use them, and how we have used them in our own portfolio as well.

In case you missed them, make sure you listen to our other episodes where we deep dive into various areas of creative finance:

Have you used any of these exit strategies to adapt your portfolio, or have another unique method we didn’t touch on in this episode? Share it with us over on Instagram! We’d love to hear from you!

Thanks for tuning in, friends! We’ll catch you next time.

 

 

 

Resources:

]]> WIIRE 128: Exit Strategies for Creative Finance Deals Amelia McGee, Grace Gudenkauf 00:21:56 We talk a lot on the podcast about sourcing and executing deals but something we don’t frequently touch on is the importance of having an exit strategy for your investment properties. So today on the podcast, we are sharing our top 5 exit strategies for creative finance deals. You’ll learn how and when to use them, and how we have used them in our own portfolio as well. We talk a lot on the podcast about sourcing and executing deals but something we don’t frequently touch on is the importance of having an exit strategy for your investment properties. So today on the podcast, we are sharing our top 5 exit strategies for creative finance deals. You’ll learn how and when to use them, and how we have used them in our own portfolio as well. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 128 08c56ace-7857-4048-8412-ed5603c7138a WIIRE 127: Transaction Coordinating for Creative Finance Deals with Jae Morales Are you ready to have your mind blown, once again, by the incomparable Jae Morales? Buckle up friends, because Jae is joining us for her 4th time on the podcast in this week’s episode, and this time she’s walking us through transaction coordinating for creative finance deals. You’ll learn what to look for, how to handle all of the moving parts and how handling a creative finance deal is different than a traditional real estate transaction.

You’ll also learn exactly what a transaction coordinator is/does, how to find one, what questions to ask, and how a transaction coordinator can help you navigate through all of the moving parts of a creative finance deal.

Listen to Jae’s previous WIIRE Episodes:

To connect with Jae, follow her on Instagram or learn how you can work with her by checking out her website.

Thanks for tuning in!

 

Resources:

]]> Thu, 20 Jun 2024 15:23:30 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Jae Morales) https://women-invest-in-real-estate.simplecast.com/episodes/transaction-coordinating-for-creative-finance-deals-with-jae-morales-E9BDyMmg Are you ready to have your mind blown, once again, by the incomparable Jae Morales? Buckle up friends, because Jae is joining us for her 4th time on the podcast in this week’s episode, and this time she’s walking us through transaction coordinating for creative finance deals. You’ll learn what to look for, how to handle all of the moving parts and how handling a creative finance deal is different than a traditional real estate transaction.

You’ll also learn exactly what a transaction coordinator is/does, how to find one, what questions to ask, and how a transaction coordinator can help you navigate through all of the moving parts of a creative finance deal.

Listen to Jae’s previous WIIRE Episodes:

To connect with Jae, follow her on Instagram or learn how you can work with her by checking out her website.

Thanks for tuning in!

 

Resources:

]]> WIIRE 127: Transaction Coordinating for Creative Finance Deals with Jae Morales Amelia McGee, Grace Gudenkauf, Jae Morales 00:30:04 Are you ready to have your mind blown, once again, by the incomparable Jae Morales? Buckle up friends, because Jae is joining us for her 4th time on the podcast in this week’s episode, and this time she’s walking us through transaction coordinating for creative finance deals. You’ll learn what to look for, how to handle all of the moving parts and how handling a creative finance deal is different than a traditional real estate transaction. Are you ready to have your mind blown, once again, by the incomparable Jae Morales? Buckle up friends, because Jae is joining us for her 4th time on the podcast in this week’s episode, and this time she’s walking us through transaction coordinating for creative finance deals. You’ll learn what to look for, how to handle all of the moving parts and how handling a creative finance deal is different than a traditional real estate transaction. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, seller financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, financing, investment, return on investment, rental property management, multi-family property true full 127 6084bea9-0321-4768-8286-22c379409f81 WIIRE 126: Multi-Family Creative Finance Deal Deep Dives Hey friends, we’re happy to have you join us again for another episode where we’re sharing the deets on how we’ve used creative financing to purchase multi-family properties in our portfolio.

We’re talking…

  • Driving for dollars
  • Big-purchases in small towns
  • How you can rinse and repeat your creative finance processes

 

If you haven’t listened to our previous creative finance episodes, make sure you give them a listen!

Thanks for listening, friends!

 

 

Resources:

]]> Mon, 17 Jun 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/multi-family-creative-finance-deal-deep-dives-blLVOw0S Hey friends, we’re happy to have you join us again for another episode where we’re sharing the deets on how we’ve used creative financing to purchase multi-family properties in our portfolio.

We’re talking…

  • Driving for dollars
  • Big-purchases in small towns
  • How you can rinse and repeat your creative finance processes

 

If you haven’t listened to our previous creative finance episodes, make sure you give them a listen!

Thanks for listening, friends!

 

 

Resources:

]]> WIIRE 126: Multi-Family Creative Finance Deal Deep Dives Amelia McGee, Grace Gudenkauf 00:19:27 Hey friends, we’re happy to have you join us again for another episode where we’re sharing the deets on how we’ve used creative financing to purchase multi-family properties in our portfolio. Hey friends, we’re happy to have you join us again for another episode where we’re sharing the deets on how we’ve used creative financing to purchase multi-family properties in our portfolio. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 126 47cef7f8-def0-46bb-a2ab-d3cfcf2d20df WIIRE 125: Using Creative Financing to Sell as a Realtor with Zeona McIntyre Hey WIIRE listeners, welcome back to another episode! Today, we are joined by our friend Zeona McIntyre, an absolute mastermind in creative financing who comes with a unique CF perspective because she has mastered using it from the sellers side of the table! Zeona has sold over 30 units creatively and is the author of the Bigger Pockets book, 30-Day Stay!

Zeona started investing in 2012 and is sharing her unique perspective as a creative finance realtor.

Want to connect with Zeona on creative financing and see what she’s up to next? Connect with her over on Instagram!

Thanks for tuning in, friends!

 

 

 

Resources:

]]> Thu, 13 Jun 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Zeona McIntyre) https://women-invest-in-real-estate.simplecast.com/episodes/using-creative-financing-to-sell-as-a-realtor-with-zeona-mcintyre-FPrtSzkr Hey WIIRE listeners, welcome back to another episode! Today, we are joined by our friend Zeona McIntyre, an absolute mastermind in creative financing who comes with a unique CF perspective because she has mastered using it from the sellers side of the table! Zeona has sold over 30 units creatively and is the author of the Bigger Pockets book, 30-Day Stay!

Zeona started investing in 2012 and is sharing her unique perspective as a creative finance realtor.

Want to connect with Zeona on creative financing and see what she’s up to next? Connect with her over on Instagram!

Thanks for tuning in, friends!

 

 

 

Resources:

]]> WIIRE 125: Using Creative Financing to Sell as a Realtor with Zeona McIntyre Amelia McGee, Grace Gudenkauf, Zeona McIntyre 00:38:03 Hey WIIRE listeners, welcome back to another episode! Today, we are joined by our friend Zeona McIntyre, an absolute mastermind in creative financing who comes with a unique CF perspective because she has mastered using it from the sellers side of the table! Zeona has sold over 30 units creatively and is the author of the Bigger Pockets book, 30-Day Stay! Hey WIIRE listeners, welcome back to another episode! Today, we are joined by our friend Zeona McIntyre, an absolute mastermind in creative financing who comes with a unique CF perspective because she has mastered using it from the sellers side of the table! Zeona has sold over 30 units creatively and is the author of the Bigger Pockets book, 30-Day Stay! rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 125 835451be-0888-4d6e-8965-66f99273e7a9 WIIRE 124: How to Find & Negotiate Creative Finance Deals Hey friends, we are so excited to have you join us for what has become one of our favorite (and one of our most requested) topics on the podcast: creative financing! Today, however, we are going to dive deep into how you can find and negotiate creative finance deals in places you might not have even considered looking, so get ready to take some notes.

If you haven’t already, we highly recommend listening to our mini-series with creative finance experts, Jenn & Joe Delle Fave.

Also, make sure you grab your copy of their Creative Financing Playbook!

Finally, make sure you join us at our FREE June Meetup happening on June 12 at 7pm Central, where we’ve partnered with Furnished Finder to teach you how to master your midterm rentals!

Thanks for listening!

 

 

 

Resources:

]]> Mon, 10 Jun 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/how-to-find-negotiate-creative-finance-deals-ws8_Kq_3 Hey friends, we are so excited to have you join us for what has become one of our favorite (and one of our most requested) topics on the podcast: creative financing! Today, however, we are going to dive deep into how you can find and negotiate creative finance deals in places you might not have even considered looking, so get ready to take some notes.

If you haven’t already, we highly recommend listening to our mini-series with creative finance experts, Jenn & Joe Delle Fave.

Also, make sure you grab your copy of their Creative Financing Playbook!

Finally, make sure you join us at our FREE June Meetup happening on June 12 at 7pm Central, where we’ve partnered with Furnished Finder to teach you how to master your midterm rentals!

Thanks for listening!

 

 

 

Resources:

]]> WIIRE 124: How to Find & Negotiate Creative Finance Deals Amelia McGee, Grace Gudenkauf 00:34:30 Hey friends, we are so excited to have you join us for what has become one of our favorite (and one of our most requested) topics on the podcast: creative financing! Today, however, we are going to dive deep into how you can find and negotiate creative finance deals in places you might not have even considered looking, so get ready to take some notes. Hey friends, we are so excited to have you join us for what has become one of our favorite (and one of our most requested) topics on the podcast: creative financing! Today, however, we are going to dive deep into how you can find and negotiate creative finance deals in places you might not have even considered looking, so get ready to take some notes. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 124 b49a3b42-7777-4f19-b6dc-2ba67c215229 WIIRE 123: Creative Finance Acquisition Tips with Brittney Krznaric We are so excited to introduce you to this week’s podcast guest and our friend, Brittney Krznaric. Brittney has done more than 100 (yes, read that again, 100!) deals on the acquisitions side and owns 17 doors herself. Brittney started her journey doing acquisitions for Jenn and Joe Delle Fave on their Creative Finance team. Brittney and her husband own and operate their 17 doors together in the southeast Pittsburgh, PA, area.

Brittney hosts a local meetup on the 3rd Thursday of every month and a weekly live lunch-and-learn on Wednesdays at 12pm ET, and you can find her hanging out on Instagram and Facebook!

We know you’ll love this episode with so many great nuggets that Brittney openly shares so make sure you’re ready to take notes!

Until next time.

 

 

 

Resources:

]]> Thu, 6 Jun 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/creative-finance-acquisition-tips-with-brittney-krznaric-g0p83Vzp We are so excited to introduce you to this week’s podcast guest and our friend, Brittney Krznaric. Brittney has done more than 100 (yes, read that again, 100!) deals on the acquisitions side and owns 17 doors herself. Brittney started her journey doing acquisitions for Jenn and Joe Delle Fave on their Creative Finance team. Brittney and her husband own and operate their 17 doors together in the southeast Pittsburgh, PA, area.

Brittney hosts a local meetup on the 3rd Thursday of every month and a weekly live lunch-and-learn on Wednesdays at 12pm ET, and you can find her hanging out on Instagram and Facebook!

We know you’ll love this episode with so many great nuggets that Brittney openly shares so make sure you’re ready to take notes!

Until next time.

 

 

 

Resources:

]]> WIIRE 123: Creative Finance Acquisition Tips with Brittney Krznaric Amelia McGee, Grace Gudenkauf 00:35:03 We are so excited to introduce you to this week’s podcast guest and our friend, Brittney Krznaric. Brittney has done more than 100 (yes, read that again, 100!) deals on the acquisitions side and owns 17 doors herself. Brittney started her journey doing acquisitions for Jenn and Joe Delle Fave on their Creative Finance team. Brittney and her husband own and operate their 17 doors together in the southeast Pittsburgh, PA, area. We are so excited to introduce you to this week’s podcast guest and our friend, Brittney Krznaric. Brittney has done more than 100 (yes, read that again, 100!) deals on the acquisitions side and owns 17 doors herself. Brittney started her journey doing acquisitions for Jenn and Joe Delle Fave on their Creative Finance team. Brittney and her husband own and operate their 17 doors together in the southeast Pittsburgh, PA, area. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 123 9717bdb2-4133-472a-bead-8ed1aba95904 WIIRE 122: How to Systematically Scale so You Don't Buy Yourself Another Job One thing we talk about a lot of the podcast is scaling your real estate investing business, and how we scaled our own businesses. What we don’t talk about enough is how to keep yourself from scaling too quickly, and this episode is a deep dive into how to get organized from the start so that when you’re ready to scale, you aren’t working in and on your business, but instead are a prepared CEO running a streamlined and successful real estate investing portfolio.

We’re so passionate about sharing our systems and processes know-how because we want to keep you from making the mistakes we made early on in our businesses and know that these tips will help you keep the needle moving forward so you are making actual progress in scaling your REI biz and not making more work than necessary for yourself, down the line.

If you’re ready to transition from a real estate investor to a business owner, join our next cohort of CEO Bootcamp! Doors are open now and we go live on June 10, so grab your seat before they fill up!

Thank’s for listening, friends! We’ll catch you next time!

 

 

 

Resources:

]]> Mon, 3 Jun 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/how-to-systematically-scale-so-you-dont-buy-yourself-another-job-i19mT40c One thing we talk about a lot of the podcast is scaling your real estate investing business, and how we scaled our own businesses. What we don’t talk about enough is how to keep yourself from scaling too quickly, and this episode is a deep dive into how to get organized from the start so that when you’re ready to scale, you aren’t working in and on your business, but instead are a prepared CEO running a streamlined and successful real estate investing portfolio.

We’re so passionate about sharing our systems and processes know-how because we want to keep you from making the mistakes we made early on in our businesses and know that these tips will help you keep the needle moving forward so you are making actual progress in scaling your REI biz and not making more work than necessary for yourself, down the line.

If you’re ready to transition from a real estate investor to a business owner, join our next cohort of CEO Bootcamp! Doors are open now and we go live on June 10, so grab your seat before they fill up!

Thank’s for listening, friends! We’ll catch you next time!

 

 

 

Resources:

]]> WIIRE 122: How to Systematically Scale so You Don't Buy Yourself Another Job Amelia McGee, Grace Gudenkauf 00:30:17 One thing we talk about a lot of the podcast is scaling your real estate investing business, and how we scaled our own businesses. What we don’t talk about enough is how to keep yourself from scaling too quickly, and this episode is a deep dive into how to get organized from the start so that when you’re ready to scale, you aren’t working in and on your business, but instead are a prepared CEO running a streamlined and successful real estate investing portfolio. One thing we talk about a lot of the podcast is scaling your real estate investing business, and how we scaled our own businesses. What we don’t talk about enough is how to keep yourself from scaling too quickly, and this episode is a deep dive into how to get organized from the start so that when you’re ready to scale, you aren’t working in and on your business, but instead are a prepared CEO running a streamlined and successful real estate investing portfolio. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 122 4a195986-b019-4f9c-b688-55346e314f41 WIIRE 121: How to Combine Short & Midterm Rental Strategies with Kelsey Porter Hey WIIRE friends, we hope you are as excited as we are because today is our first-ever in-person interview, with Kelsey Porter. Kelsey is a friend of Amelia’s, located in Des Moines (another IOWA girl!), and is a realtor who grew up around new construction and investment properties and spent time watching her stepdad invest in luxury homes. While not all of those are what she spends her time doing in her current zone of genius, she saw value in owning property from a young age and has truly stepped into her own in the world of real estate investing.

Through her journey of becoming a realtor, she has felt the joy it has brought her by helping others invest in real estate, which has given her the drive to do this for her future.

To hear more about Kelsey and her journey, check out her blog and connect with her on Instagram. We know you’ll love Kelsey and all of the amazing things she shares so let us know your biggest takeaway from today’s episode!

Thanks for listening!

 

 

 

Resources:

]]> Thu, 30 May 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Kelsey Porter) https://women-invest-in-real-estate.simplecast.com/episodes/how-to-combine-short-midterm-rental-strategies-with-kelsey-porter-eW3RaY8t Hey WIIRE friends, we hope you are as excited as we are because today is our first-ever in-person interview, with Kelsey Porter. Kelsey is a friend of Amelia’s, located in Des Moines (another IOWA girl!), and is a realtor who grew up around new construction and investment properties and spent time watching her stepdad invest in luxury homes. While not all of those are what she spends her time doing in her current zone of genius, she saw value in owning property from a young age and has truly stepped into her own in the world of real estate investing.

Through her journey of becoming a realtor, she has felt the joy it has brought her by helping others invest in real estate, which has given her the drive to do this for her future.

To hear more about Kelsey and her journey, check out her blog and connect with her on Instagram. We know you’ll love Kelsey and all of the amazing things she shares so let us know your biggest takeaway from today’s episode!

Thanks for listening!

 

 

 

Resources:

]]> WIIRE 121: How to Combine Short & Midterm Rental Strategies with Kelsey Porter Amelia McGee, Grace Gudenkauf, Kelsey Porter 00:39:55 Hey WIIRE friends, we hope you are as excited as we are because today is our first-ever in-person interview, with Kelsey Porter. Kelsey is a friend of Amelia’s, located in Des Moines (another IOWA girl!), and is a realtor who grew up around new construction and investment properties and spent time watching her stepdad invest in luxury homes. While not all of those are what she spends her time doing in her current zone of genius, she saw value in owning property from a young age and has truly stepped into her own in the world of real estate investing. Hey WIIRE friends, we hope you are as excited as we are because today is our first-ever in-person interview, with Kelsey Porter. Kelsey is a friend of Amelia’s, located in Des Moines (another IOWA girl!), and is a realtor who grew up around new construction and investment properties and spent time watching her stepdad invest in luxury homes. While not all of those are what she spends her time doing in her current zone of genius, she saw value in owning property from a young age and has truly stepped into her own in the world of real estate investing. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 121 9e0a7ad5-0f27-4811-ba66-890315c8dbdd WIIRE 120: What Should You Be Looking For When You Do a Property Walk-Through? Curious how your property walk-throughs stack up against ours? Or are you maybe in the beginning stages of buying your first property and simply not sure exactly what you should be looking for in a property walk-through? Either way, this episode has you covered. Today we are breaking down exactly what you should be looking at and how it can help you in the long run.

From multi-family to single-family and the importance of considering spared spaces, we are giving you insight into what we’ve learned about the importance of being detail-oriented during any property walk-through.

Enrollment is now open for CEO Bootcamp. We cover what to look for in a property walk-through and how to handle the things you find, so enroll now before the doors close.

What are some things you’ve learned to look for closely in your walk-throughs? Share them with us on Instagram!

Until next time!

 

 

 

Resources:

]]> Mon, 27 May 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/what-should-you-be-looking-for-when-you-do-a-property-walk-through-s0P59dnf Curious how your property walk-throughs stack up against ours? Or are you maybe in the beginning stages of buying your first property and simply not sure exactly what you should be looking for in a property walk-through? Either way, this episode has you covered. Today we are breaking down exactly what you should be looking at and how it can help you in the long run.

From multi-family to single-family and the importance of considering spared spaces, we are giving you insight into what we’ve learned about the importance of being detail-oriented during any property walk-through.

Enrollment is now open for CEO Bootcamp. We cover what to look for in a property walk-through and how to handle the things you find, so enroll now before the doors close.

What are some things you’ve learned to look for closely in your walk-throughs? Share them with us on Instagram!

Until next time!

 

 

 

Resources:

]]> WIIRE 120: What Should You Be Looking For When You Do a Property Walk-Through? Amelia McGee, Grace Gudenkauf 00:18:56 Curious how your property walk-throughs stack up against ours? Or are you maybe in the beginning stages of buying your first property and simply not sure exactly what you should be looking for in a property walk-through? Either way, this episode has you covered. Today we are breaking down exactly what you should be looking at and how it can help you in the long run. Curious how your property walk-throughs stack up against ours? Or are you maybe in the beginning stages of buying your first property and simply not sure exactly what you should be looking for in a property walk-through? Either way, this episode has you covered. Today we are breaking down exactly what you should be looking at and how it can help you in the long run. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 120 1a74cccf-8b0d-43d2-9070-be31c5b257da WIIRE 119: Balancing CEO and Stay-At-Home Mom Life with Kristen Witalka Feel like you’re trying to balance it all? We get it, and so does today’s guest, Kristen Witalka. Kristen is a CEO and stay-at-home mom who loves to blend the two by letting her kids share involvement in their family business. As an out-of-state investor with 10 doors (most of which are MTR properties), Kristen recently began her investing journey in 2023.

Kristen was also a member of our CEO Bootcamp and is sharing personal insight into why she chose to enroll in it, what she was looking to get out of it, and how it helped her shift her systems and processes in her business. She also provides a BTS look at managing her company’s finances.

With Kristen’s super relatable story, there are so many great takeaways in this episode, so make sure you soak in every second. You can follow her on Instagram and see what she’s up to next!

Know someone you think we should interview in an upcoming episode? Let us know!

Thanks for tuning in, friends! We’ll catch you next time!

 

 

 

Resources:

]]> Thu, 23 May 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Kristen Witalka) https://women-invest-in-real-estate.simplecast.com/episodes/balancing-ceo-and-stay-at-home-mom-life-with-kristen-witalka-KMNA_kYl Feel like you’re trying to balance it all? We get it, and so does today’s guest, Kristen Witalka. Kristen is a CEO and stay-at-home mom who loves to blend the two by letting her kids share involvement in their family business. As an out-of-state investor with 10 doors (most of which are MTR properties), Kristen recently began her investing journey in 2023.

Kristen was also a member of our CEO Bootcamp and is sharing personal insight into why she chose to enroll in it, what she was looking to get out of it, and how it helped her shift her systems and processes in her business. She also provides a BTS look at managing her company’s finances.

With Kristen’s super relatable story, there are so many great takeaways in this episode, so make sure you soak in every second. You can follow her on Instagram and see what she’s up to next!

Know someone you think we should interview in an upcoming episode? Let us know!

Thanks for tuning in, friends! We’ll catch you next time!

 

 

 

Resources:

]]> WIIRE 119: Balancing CEO and Stay-At-Home Mom Life with Kristen Witalka Amelia McGee, Grace Gudenkauf, Kristen Witalka 00:35:38 Feel like you’re trying to balance it all? We get it, and so does today’s guest, Kristen Witalka. Kristen is a CEO and stay-at-home mom who loves to blend the two by letting her kids share involvement in their family business. As an out-of-state investor with 10 doors (most of which are MTR properties), Kristen recently began her investing journey in 2023. Feel like you’re trying to balance it all? We get it, and so does today’s guest, Kristen Witalka. Kristen is a CEO and stay-at-home mom who loves to blend the two by letting her kids share involvement in their family business. As an out-of-state investor with 10 doors (most of which are MTR properties), Kristen recently began her investing journey in 2023. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 119 fca3bf9a-b6a6-4b9e-855f-8181defc2ad5 WIIRE 118: What Financial Tasks Should I Be Doing Weekly, Monthly, & Yearly in my Rental Business? Unless you are (very) new here, you know that we love sharing some of the best and worst mistakes we made in our own REI businesses early on to help keep you from making them as well. This episode is going to be one of those deep-dives into the list of financial things we wish we would have done sooner in our businesses, focusing on the tasks that you should be doing on a weekly, monthly, and even annual basis in your REI biz.

These things will not only help you get organized now, but by following simple steps, your business will be running smoothly when you are ready to scale. If you are thinking about scaling now or have already started, check out our CEO Bootcamp, designed to help you transition from a real estate investor to the CEO of your business.

Still have questions? We would LOVE to answer them, DM us over on Instagram!

Until next time!

 

 

Resources:

]]> Mon, 20 May 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/what-financial-tasks-should-i-be-doing-weekly-monthly-yearly-in-my-rental-business-MNKzWqbd Unless you are (very) new here, you know that we love sharing some of the best and worst mistakes we made in our own REI businesses early on to help keep you from making them as well. This episode is going to be one of those deep-dives into the list of financial things we wish we would have done sooner in our businesses, focusing on the tasks that you should be doing on a weekly, monthly, and even annual basis in your REI biz.

These things will not only help you get organized now, but by following simple steps, your business will be running smoothly when you are ready to scale. If you are thinking about scaling now or have already started, check out our CEO Bootcamp, designed to help you transition from a real estate investor to the CEO of your business.

Still have questions? We would LOVE to answer them, DM us over on Instagram!

Until next time!

 

 

Resources:

]]> WIIRE 118: What Financial Tasks Should I Be Doing Weekly, Monthly, & Yearly in my Rental Business? Amelia McGee, Grace Gudenkauf 00:36:37 Unless you are (very) new here, you know that we love sharing some of the best and worst mistakes we made in our own REI businesses early on to help keep you from making them as well. This episode is going to be one of those deep-dives into the list of financial things we wish we would have done sooner in our businesses, focusing on the tasks that you should be doing on a weekly, monthly, and even annual basis in your REI biz. Unless you are (very) new here, you know that we love sharing some of the best and worst mistakes we made in our own REI businesses early on to help keep you from making them as well. This episode is going to be one of those deep-dives into the list of financial things we wish we would have done sooner in our businesses, focusing on the tasks that you should be doing on a weekly, monthly, and even annual basis in your REI biz. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 118 90a66d60-596c-4c86-a237-0fe3f71887b2 WIIRE 117: Small and Mighty Real Estate Investing with Chad Carson In this WIIRE episode, we are welcoming the mind behind the Small and Mighty Real Estate Investor, Chad Carson. Chad began his real estate investing journey back in 2003 in Clemson, South Carolina, and along with his business partner has grown an incredible business and impressive portfolio.

He first started working on Small and Mighty Real Estate Investor, not even knowing what it would be called yet, but instead with a list of ‘Here is why I want to do this.’ and asked himself, ‘What kind of business can do this for me?’. The answer will probably surprise you so don’t miss a second of this incredible interview.

Chad has pivoted a few times during his investing journey but has also changed the way he thinks and the way he helps people now offering coaching services alongside his real estate investing business.

Want to know more about Chad and what he offers? Connect with him on Instagram or check out his podcast on YouTube!

We hope you loved this episode as much as we did. Thanks for tuning in!

 

 

Resources:

]]> Thu, 16 May 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Chad Carson) https://women-invest-in-real-estate.simplecast.com/episodes/small-and-mighty-real-estate-investing-with-chad-carson-rIRxNz2r In this WIIRE episode, we are welcoming the mind behind the Small and Mighty Real Estate Investor, Chad Carson. Chad began his real estate investing journey back in 2003 in Clemson, South Carolina, and along with his business partner has grown an incredible business and impressive portfolio.

He first started working on Small and Mighty Real Estate Investor, not even knowing what it would be called yet, but instead with a list of ‘Here is why I want to do this.’ and asked himself, ‘What kind of business can do this for me?’. The answer will probably surprise you so don’t miss a second of this incredible interview.

Chad has pivoted a few times during his investing journey but has also changed the way he thinks and the way he helps people now offering coaching services alongside his real estate investing business.

Want to know more about Chad and what he offers? Connect with him on Instagram or check out his podcast on YouTube!

We hope you loved this episode as much as we did. Thanks for tuning in!

 

 

Resources:

]]> WIIRE 117: Small and Mighty Real Estate Investing with Chad Carson Amelia McGee, Grace Gudenkauf, Chad Carson 00:47:28 In this WIIRE episode, we are welcoming the mind behind the Small and Mighty Real Estate Investor, Chad Carson. Chad began his real estate investing journey back in 2003 in Clemson, South Carolina, and along with his business partner has grown an incredible business and impressive portfolio. He first started working on Small and Mighty Real Estate Investor, not even knowing what it would be called yet, but instead with a list of ‘Here is why I want to do this.’ and asked himself, ‘What kind of business can do this for me?’. The answer will probably surprise you so don’t miss a second of this incredible interview. In this WIIRE episode, we are welcoming the mind behind the Small and Mighty Real Estate Investor, Chad Carson. Chad began his real estate investing journey back in 2003 in Clemson, South Carolina, and along with his business partner has grown an incredible business and impressive portfolio. He first started working on Small and Mighty Real Estate Investor, not even knowing what it would be called yet, but instead with a list of ‘Here is why I want to do this.’ and asked himself, ‘What kind of business can do this for me?’. The answer will probably surprise you so don’t miss a second of this incredible interview. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 117 9fb97825-a790-4638-b9a4-072d4b0f7a1a WIIRE 116: How to Use Free Marketing for Your Rental Business Ready to market your REI business at low (or even no) cost? In this episode, we are sharing exactly what free marketing options we use personally, to promote our own REI businesses that will keep you from needing to be a social media guru and help keep your business growing!

Some of the methods we are covering are:

  • Raising private money
  • Referrals
  • Having your own website
  • Google for business
  • …and more

We know that not everyone loves posting on IG and that’s okay because there are so many more ways you can help your business grow without breaking the bank.

What are some of your favorite places to advertise for free? Share with us over on Instagram!

Thanks for tuning in!

 

 

Resources:

]]> Mon, 13 May 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/how-to-use-free-marketing-for-your-rental-business-I2_uw58X Ready to market your REI business at low (or even no) cost? In this episode, we are sharing exactly what free marketing options we use personally, to promote our own REI businesses that will keep you from needing to be a social media guru and help keep your business growing!

Some of the methods we are covering are:

  • Raising private money
  • Referrals
  • Having your own website
  • Google for business
  • …and more

We know that not everyone loves posting on IG and that’s okay because there are so many more ways you can help your business grow without breaking the bank.

What are some of your favorite places to advertise for free? Share with us over on Instagram!

Thanks for tuning in!

 

 

Resources:

]]> WIIRE 116: How to Use Free Marketing for Your Rental Business Amelia McGee, Grace Gudenkauf 00:26:39 Ready to market your REI business at low (or even no) cost? In this episode, we are sharing exactly what free marketing options we use personally, to promote our own REI businesses that will keep you from needing to be a social media guru and help keep your business growing! Ready to market your REI business at low (or even no) cost? In this episode, we are sharing exactly what free marketing options we use personally, to promote our own REI businesses that will keep you from needing to be a social media guru and help keep your business growing! rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 116 d577514a-b5df-4248-967e-5836b00c0726 WIIRE 115: How to Implement the Entrepreneurial Operating System in Your Business with Maya Bovshow Welcome back, listeners! In this WIIRE episode, we are excited to introduce you to our friend, Maya Bovshow. Maya is an investor with properties in Los Angeles and Salt Lacy City, the COO of Trust Properties, USA, and the co-founder of Into The Box. She is bringing to the table her expertise on the EOS Entrepreneurial Operating System, how you can implement it in your investing business, and how it can elevate you as a CEO.

The Entrepreneurial Operating System (EOS) is a set of simple concepts and practical tools used by more than 257,000 + companies around the world to clarify, simplify, and achieve their vision. Look at your business in a whole new way – through the lens of the Six Key Components™.

We dive into the following six components and discuss how you can apply them to running your REI biz:

  1. Vision
  2. Data
  3. Process
  4. Traction
  5. Issues
  6. People

Want to see what’s up next with Maya, Into The Box, or Trust Properties, USA? Follow her over on Instagram at:

Thanks for tuning in friends, until next week!

 

 

 

Resources:

]]> Thu, 9 May 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Maya Bovshow) https://women-invest-in-real-estate.simplecast.com/episodes/how-to-implement-the-entrepreneurial-operating-system-in-your-business-with-maya-bovshow-OUvJTdza Welcome back, listeners! In this WIIRE episode, we are excited to introduce you to our friend, Maya Bovshow. Maya is an investor with properties in Los Angeles and Salt Lacy City, the COO of Trust Properties, USA, and the co-founder of Into The Box. She is bringing to the table her expertise on the EOS Entrepreneurial Operating System, how you can implement it in your investing business, and how it can elevate you as a CEO.

The Entrepreneurial Operating System (EOS) is a set of simple concepts and practical tools used by more than 257,000 + companies around the world to clarify, simplify, and achieve their vision. Look at your business in a whole new way – through the lens of the Six Key Components™.

We dive into the following six components and discuss how you can apply them to running your REI biz:

  1. Vision
  2. Data
  3. Process
  4. Traction
  5. Issues
  6. People

Want to see what’s up next with Maya, Into The Box, or Trust Properties, USA? Follow her over on Instagram at:

Thanks for tuning in friends, until next week!

 

 

 

Resources:

]]> WIIRE 115: How to Implement the Entrepreneurial Operating System in Your Business with Maya Bovshow Amelia McGee, Grace Gudenkauf, Maya Bovshow 00:44:05 Welcome back, listeners! In this WIIRE episode, we are excited to introduce you to our friend, Maya Bovshow. Maya is an investor with properties in Los Angeles and Salt Lacy City, the COO of Trust Properties, USA, and the co-founder of Into The Box. She is bringing to the table her expertise on the EOS Entrepreneurial Operating System, how you can implement it in your investing business, and how it can elevate you as a CEO. Welcome back, listeners! In this WIIRE episode, we are excited to introduce you to our friend, Maya Bovshow. Maya is an investor with properties in Los Angeles and Salt Lacy City, the COO of Trust Properties, USA, and the co-founder of Into The Box. She is bringing to the table her expertise on the EOS Entrepreneurial Operating System, how you can implement it in your investing business, and how it can elevate you as a CEO. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 115 e15a9414-9415-4725-9b3c-1ed450b7fc8a WIIRE 114: Our CEO Roles as Full Time Real Estate Investors Welcome back to another WIIRE podcast episode! In this episode, we are taking a deep dive into our roles as CEOs in our businesses, how we first started out (what it actually looked like), what we currently do now in our businesses, as well as practical advice on how you can move into the CEO role in your real estate investing business. Let’s get started!

If no one taught you how to move from working in your business to being the CEO and visionary, join us in CEO Bootcamp, an 8-week transformative bootcamp where we guide you through working on your business by mastering systems, delegation, legal frameworks, and foolproof financial plans. We made so many mistakes that cost us thousands and stunted our business growth, but you don’t have to! We hope to see you inside!

Thanks for listening, we’ll catch you next time, friends!

 

 

Resources:

]]> Mon, 6 May 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/our-ceo-roles-as-full-time-real-estate-investors-3bqNEp8B Welcome back to another WIIRE podcast episode! In this episode, we are taking a deep dive into our roles as CEOs in our businesses, how we first started out (what it actually looked like), what we currently do now in our businesses, as well as practical advice on how you can move into the CEO role in your real estate investing business. Let’s get started!

If no one taught you how to move from working in your business to being the CEO and visionary, join us in CEO Bootcamp, an 8-week transformative bootcamp where we guide you through working on your business by mastering systems, delegation, legal frameworks, and foolproof financial plans. We made so many mistakes that cost us thousands and stunted our business growth, but you don’t have to! We hope to see you inside!

Thanks for listening, we’ll catch you next time, friends!

 

 

Resources:

]]> WIIRE 114: Our CEO Roles as Full Time Real Estate Investors Amelia McGee, Grace Gudenkauf 00:32:27 Welcome back to another WIIRE podcast episode! In this episode, we are taking a deep dive into our roles as CEOs in our businesses, how we first started out (what it actually looked like), what we currently do now in our businesses, as well as practical advice on how you can move into the CEO role in your real estate investing business. Let’s get started! Welcome back to another WIIRE podcast episode! In this episode, we are taking a deep dive into our roles as CEOs in our businesses, how we first started out (what it actually looked like), what we currently do now in our businesses, as well as practical advice on how you can move into the CEO role in your real estate investing business. Let’s get started! rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 114 156ae241-b91b-47a2-972c-cb1af47be3e1 WIIRE 113: Fourplex From Hell: Resilience as a Rookie Investor with Katie Hofer Think you’ve heard it all when it comes to rental property nightmares? Well our friend Katie Hofer is here to give you a run for your money when it comes to rental properties from hell. Katie is a newbie investor who took the leap on a fourplex and while it has given her some stories she’d rather forget about, she has learned a lot along the way and with the help of our signature course, CEO Bootcamp, is so excited for what is ahead.

Make sure you listen to the full episode where Katie shares some of the best and the worst of being a landlord and also why she remains passionate about what she does and why she is so optimistic about the future!

If you want to see what’s coming up next for Katie, connect with her over on Instagram!

Until next time, friends!

 

 

Resources:

]]> Thu, 2 May 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Katie Hofer) https://women-invest-in-real-estate.simplecast.com/episodes/fourplex-from-hell-resilience-as-a-rookie-investor-with-katie-hofer-T9M_tViz Think you’ve heard it all when it comes to rental property nightmares? Well our friend Katie Hofer is here to give you a run for your money when it comes to rental properties from hell. Katie is a newbie investor who took the leap on a fourplex and while it has given her some stories she’d rather forget about, she has learned a lot along the way and with the help of our signature course, CEO Bootcamp, is so excited for what is ahead.

Make sure you listen to the full episode where Katie shares some of the best and the worst of being a landlord and also why she remains passionate about what she does and why she is so optimistic about the future!

If you want to see what’s coming up next for Katie, connect with her over on Instagram!

Until next time, friends!

 

 

Resources:

]]> WIIRE 113: Fourplex From Hell: Resilience as a Rookie Investor with Katie Hofer Amelia McGee, Grace Gudenkauf, Katie Hofer 00:39:41 Think you’ve heard it all when it comes to rental property nightmares? Well our friend Katie Hofer is here to give you a run for your money when it comes to rental properties from hell. Katie is a newbie investor who took the leap on a fourplex and while it has given her some stories she’d rather forget about, she has learned a lot along the way and with the help of our signature course, CEO Bootcamp, is so excited for what is ahead. Think you’ve heard it all when it comes to rental property nightmares? Well our friend Katie Hofer is here to give you a run for your money when it comes to rental properties from hell. Katie is a newbie investor who took the leap on a fourplex and while it has given her some stories she’d rather forget about, she has learned a lot along the way and with the help of our signature course, CEO Bootcamp, is so excited for what is ahead. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 113 cbedd1f2-1e76-42ca-842c-1987f195b296 WIIRE 112: Legal Contracts You Need in Your Real Estate Business Not sure what legal docs you need to launch your REI biz, or keep it legal? We’ve been there and in this episode, we are sharing the biggest mistakes we see, review the importance of leases and clauses, talk about contractor contracts, operating agreements, and rental notices. This episode is jam-packed with actionable tips on being a proactive business owner and keeping your business on the straight and narrow.

At some point in your journey, you will decide it's time to stop being scrappy and start being organized, and we can help. Doing things the correct way may require a few extra steps in the beginning, but it will pay off in dividends (literally) in the long run because it will allow you to scale your business.

We will also be sharing some of the common contract mistakes we see and how you can avoid them. 

We want you to be protected and be able to build your dream life with passive income, so if this sounds like you, make sure you get on the wait list for CEO Bootcamp! Enrollment will be opening soon!

Thanks for tuning in! We’ll catch you next time!

 

 

Resources:

]]> Mon, 29 Apr 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/legal-contracts-you-need-in-your-real-estate-business-_5B52N9A Not sure what legal docs you need to launch your REI biz, or keep it legal? We’ve been there and in this episode, we are sharing the biggest mistakes we see, review the importance of leases and clauses, talk about contractor contracts, operating agreements, and rental notices. This episode is jam-packed with actionable tips on being a proactive business owner and keeping your business on the straight and narrow.

At some point in your journey, you will decide it's time to stop being scrappy and start being organized, and we can help. Doing things the correct way may require a few extra steps in the beginning, but it will pay off in dividends (literally) in the long run because it will allow you to scale your business.

We will also be sharing some of the common contract mistakes we see and how you can avoid them. 

We want you to be protected and be able to build your dream life with passive income, so if this sounds like you, make sure you get on the wait list for CEO Bootcamp! Enrollment will be opening soon!

Thanks for tuning in! We’ll catch you next time!

 

 

Resources:

]]> WIIRE 112: Legal Contracts You Need in Your Real Estate Business Amelia McGee, Grace Gudenkauf 00:30:55 Not sure what legal docs you need to launch your REI biz, or keep it legal? We’ve been there and in this episode, we are sharing the biggest mistakes we see, review the importance of leases and clauses, talk about contractor contracts, operating agreements, and rental notices. This episode is jam-packed with actionable tips on being a proactive business owner and keeping your business on the straight and narrow. Not sure what legal docs you need to launch your REI biz, or keep it legal? We’ve been there and in this episode, we are sharing the biggest mistakes we see, review the importance of leases and clauses, talk about contractor contracts, operating agreements, and rental notices. This episode is jam-packed with actionable tips on being a proactive business owner and keeping your business on the straight and narrow. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 112 041532e2-3bcf-4dba-a61d-097edead4852 WIIRE 111: Lessons Learned While Self Managing Rental Properties We are so excited to welcome you back WIIRE friends, because TODAY is finally the day when our book, The Self-Managing Landlord, is out! If you order your copy today you will still be entered to win a 60-minute one-on-one with both of us, as well as a landlord packet, PLUS get instant access to our Property Management Academy!

In this episode, we're sharing some of the most memorable (for better or worse) lessons we’ve learned while self-managing our rental properties. We’ve come such a long way and learned so many things, and that is one of the things we love most about our incredible community, sharing those lessons with you so that you can avoid them.

Plus, we are ending this episode with a quick Q&A to share a few more BTS deets!

We’ll catch you next time, friends!

 

 

Resources:

]]> Thu, 25 Apr 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/lessons-learned-while-self-managing-rental-properties-l6Uf8QM_ We are so excited to welcome you back WIIRE friends, because TODAY is finally the day when our book, The Self-Managing Landlord, is out! If you order your copy today you will still be entered to win a 60-minute one-on-one with both of us, as well as a landlord packet, PLUS get instant access to our Property Management Academy!

In this episode, we're sharing some of the most memorable (for better or worse) lessons we’ve learned while self-managing our rental properties. We’ve come such a long way and learned so many things, and that is one of the things we love most about our incredible community, sharing those lessons with you so that you can avoid them.

Plus, we are ending this episode with a quick Q&A to share a few more BTS deets!

We’ll catch you next time, friends!

 

 

Resources:

]]> WIIRE 111: Lessons Learned While Self Managing Rental Properties Amelia McGee, Grace Gudenkauf 00:32:48 In this episode, we're sharing some of the most memorable (for better or worse) lessons we’ve learned while self-managing our rental properties. We’ve come such a long way and learned so many things, and that is one of the things we love most about our incredible community, sharing those lessons with you so that you can avoid them. In this episode, we're sharing some of the most memorable (for better or worse) lessons we’ve learned while self-managing our rental properties. We’ve come such a long way and learned so many things, and that is one of the things we love most about our incredible community, sharing those lessons with you so that you can avoid them. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 111 9f261a17-81da-4aa5-b332-e969812707b5 WIIRE 110: Ask A&G: Midterm Rental Frequently Asked Questions Hey friends! We are launching a new segment of the podcast and are excited for you to hear the first episode of it! While it doesn’t have an official title yet, we are lovingly calling it ‘Ask A&G’ because it is designed with the sole purpose of us taking all of your questions and answering them specifically (you may hear a shout-out with your first name even!). In these episodes, we’re offering advice on specific questions we see within our WIIRE Community Private Facebook Group, on Instagram, on Spotify, and even via email!

This week’s Ask A&G is focused on MTR rentals and a few of the questions we are answering are:

  • What is your MTR visitor policy?
  • How do you handle tenants who go over on utilities?
  • I have an MTR that is available in 2 weeks but no inquiries. What can I do?

We hope you love these episodes and would love to hear YOUR questions, as well! So email us, DM us on Instagram, join our WIIRE Community Private Facebook Group, or even drop them in the Q&A box over on Spotify and we’ll add them to an upcoming episode!

We’ll catch you in the next episode!

 

 

Resources:

]]> Mon, 22 Apr 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/ask-ag-midterm-rental-frequently-asked-questions-b3wxUDdX Hey friends! We are launching a new segment of the podcast and are excited for you to hear the first episode of it! While it doesn’t have an official title yet, we are lovingly calling it ‘Ask A&G’ because it is designed with the sole purpose of us taking all of your questions and answering them specifically (you may hear a shout-out with your first name even!). In these episodes, we’re offering advice on specific questions we see within our WIIRE Community Private Facebook Group, on Instagram, on Spotify, and even via email!

This week’s Ask A&G is focused on MTR rentals and a few of the questions we are answering are:

  • What is your MTR visitor policy?
  • How do you handle tenants who go over on utilities?
  • I have an MTR that is available in 2 weeks but no inquiries. What can I do?

We hope you love these episodes and would love to hear YOUR questions, as well! So email us, DM us on Instagram, join our WIIRE Community Private Facebook Group, or even drop them in the Q&A box over on Spotify and we’ll add them to an upcoming episode!

We’ll catch you in the next episode!

 

 

Resources:

]]> WIIRE 110: Ask A&G: Midterm Rental Frequently Asked Questions Amelia McGee, Grace Gudenkauf 00:18:23 Hey friends! We are launching a new segment of the podcast and are excited for you to hear the first episode of it! While it doesn’t have an official title yet, we are lovingly calling it ‘Ask A&G’ because it is designed with the sole purpose of us taking all of your questions and answering them specifically (you may hear a shout-out with your first name even!). In these episodes, we’re offering advice on specific questions we see within our WIIRE Community Private Facebook Group, on Instagram, on Spotify, and even via email! Hey friends! We are launching a new segment of the podcast and are excited for you to hear the first episode of it! While it doesn’t have an official title yet, we are lovingly calling it ‘Ask A&G’ because it is designed with the sole purpose of us taking all of your questions and answering them specifically (you may hear a shout-out with your first name even!). In these episodes, we’re offering advice on specific questions we see within our WIIRE Community Private Facebook Group, on Instagram, on Spotify, and even via email! rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 110 3b1d9d53-b0b1-477a-92c2-a0d17363f3ec WIIRE 109: House-hacking New Build Homes Tax Free with Monica Fullerton Hey friends! We are so excited for you to meet today’s guest, Monica Fullerton! Monica is a twin mom, military spouse, business owner, and entrepreneur currently living in Las Vegas, Nevada. In the past 8 years, she and her hubby have built 4 houses, have since sold 2 of those houses, and now plan to rent out the other two when they make their next military move out of state. As the founder of Spouse.ly and VP of Affiliate & Community Management for DataFlik, Monica has a full plate but balances it flawlessly driven by her passion for her family and real estate!

One of the most unique points about this episode we want to highlight is how they actually save on taxes and how you can too (it’s easier than you think!). Monica also shares how she takes the guesswork and overwhelm out of the home-building process to make it simple and easy to rinse and repeat.

You can connect with Monica over on LinkedIn to see what she is up to next!

Catch you next week, friends!

 

 

Resources:

]]> Thu, 18 Apr 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Monica Fullerton) https://women-invest-in-real-estate.simplecast.com/episodes/house-hacking-new-build-homes-tax-free-with-monica-fullerton-iRQO7HRo Hey friends! We are so excited for you to meet today’s guest, Monica Fullerton! Monica is a twin mom, military spouse, business owner, and entrepreneur currently living in Las Vegas, Nevada. In the past 8 years, she and her hubby have built 4 houses, have since sold 2 of those houses, and now plan to rent out the other two when they make their next military move out of state. As the founder of Spouse.ly and VP of Affiliate & Community Management for DataFlik, Monica has a full plate but balances it flawlessly driven by her passion for her family and real estate!

One of the most unique points about this episode we want to highlight is how they actually save on taxes and how you can too (it’s easier than you think!). Monica also shares how she takes the guesswork and overwhelm out of the home-building process to make it simple and easy to rinse and repeat.

You can connect with Monica over on LinkedIn to see what she is up to next!

Catch you next week, friends!

 

 

Resources:

]]> WIIRE 109: House-hacking New Build Homes Tax Free with Monica Fullerton Amelia McGee, Grace Gudenkauf, Monica Fullerton 00:35:35 We are so excited for you to meet today’s guest, Monica Fullerton! Monica is a twin mom, military spouse, business owner, and entrepreneur currently living in Las Vegas, Nevada. In the past 8 years, she and her hubby have built 4 houses, have since sold 2 of those houses, and now plan to rent out the other two when they make their next military move out of state. As the founder of Spouse.ly and VP of Affiliate & Community Management for DataFlik, Monica has a full plate but balances it flawlessly driven by her passion for her family and real estate! We are so excited for you to meet today’s guest, Monica Fullerton! Monica is a twin mom, military spouse, business owner, and entrepreneur currently living in Las Vegas, Nevada. In the past 8 years, she and her hubby have built 4 houses, have since sold 2 of those houses, and now plan to rent out the other two when they make their next military move out of state. As the founder of Spouse.ly and VP of Affiliate & Community Management for DataFlik, Monica has a full plate but balances it flawlessly driven by her passion for her family and real estate! rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 109 8d4bc7d6-4b5f-4737-8f48-652f04e4c433 WIIRE 108: Best Tenant Screening Practices Hello WIIRE listeners! In this episode, we are sharing our best tips when it comes to the tenant screening practices that both of us swear by, plus talking about how tenant screening and onboarding practices differ when you are talking about an MTR vs a long-term rental property. Tenant screening is where you solidify and guarantee the success of your rental business when it comes to the renting piece so pay close attention because this will help you on your journey to becoming a super-organized REI business owner!

We’re often asked about how we screen our tenants, and that’s exactly what we are diving into today. We are sharing the questions to ask and how to check your tenant’s answers to make sure they’re legit (don’t skip this important step!).

Doors to the next round of our signature course, CEO Bootcamp will be opening soon, so get ready!

If you haven’t said ‘hi’ to us over on Instagram, we would love to hear from you!

Thanks for tuning in!

 

 

Resources:

]]> Mon, 15 Apr 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/ep-108-best-tenant-screening-practices-MRSdahCu Hello WIIRE listeners! In this episode, we are sharing our best tips when it comes to the tenant screening practices that both of us swear by, plus talking about how tenant screening and onboarding practices differ when you are talking about an MTR vs a long-term rental property. Tenant screening is where you solidify and guarantee the success of your rental business when it comes to the renting piece so pay close attention because this will help you on your journey to becoming a super-organized REI business owner!

We’re often asked about how we screen our tenants, and that’s exactly what we are diving into today. We are sharing the questions to ask and how to check your tenant’s answers to make sure they’re legit (don’t skip this important step!).

Doors to the next round of our signature course, CEO Bootcamp will be opening soon, so get ready!

If you haven’t said ‘hi’ to us over on Instagram, we would love to hear from you!

Thanks for tuning in!

 

 

Resources:

]]> WIIRE 108: Best Tenant Screening Practices Amelia McGee, Grace Gudenkauf 00:27:50 In this episode, we are sharing our best tips when it comes to the tenant screening practices that both of us swear by, plus talking about how tenant screening and onboarding practices differ when you are talking about an MTR vs a long-term rental property. Tenant screening is where you solidify and guarantee the success of your rental business when it comes to the renting piece so pay close attention because this will help you on your journey to becoming a super-organized REI business owner! In this episode, we are sharing our best tips when it comes to the tenant screening practices that both of us swear by, plus talking about how tenant screening and onboarding practices differ when you are talking about an MTR vs a long-term rental property. Tenant screening is where you solidify and guarantee the success of your rental business when it comes to the renting piece so pay close attention because this will help you on your journey to becoming a super-organized REI business owner! rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 108 e1b36775-bea6-4e61-a1e2-57307f1f3241 WIIRE 107: Starting Your Real Estate Journey At Any Age with Liz Connelly Hello friends, this week, we are welcoming our friend Liz Connelly, to the podcast. Liz’s journey is beautiful and inspiring, and it will resonate with many of our listeners! Her story is easy to listen to because she truly is so down to earth and has so much knowledge to share and we are so excited for you to hear everything she shares.

Living just outside of Philadelphia, Liz began her investing journey in her early 40’s. She currently has 5 doors in the St Louis, Cedar Rapids, and Poconos Mountains markets (and is eager to grow!). Liz also attended one of our retreats and shares some BTS deets on that as well if you’ve ever thought about coming to one!

Liz isn’t afraid to run her REI business as a true CEO and didn’t wait to outsource like so many tend to do. She has a hot take on of our other favorite topics, shiny object syndrome, and you will definitely want to hear it!

We also touch on topics such as risk tolerance AND potential big project Liz has in the works… Don’t miss it.

Thanks for listening!

 

 

Resources:

]]> Thu, 11 Apr 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Liz Connelly) https://women-invest-in-real-estate.simplecast.com/episodes/starting-your-real-estate-journey-at-any-age-with-liz-connelly-f3_nU_xM Hello friends, this week, we are welcoming our friend Liz Connelly, to the podcast. Liz’s journey is beautiful and inspiring, and it will resonate with many of our listeners! Her story is easy to listen to because she truly is so down to earth and has so much knowledge to share and we are so excited for you to hear everything she shares.

Living just outside of Philadelphia, Liz began her investing journey in her early 40’s. She currently has 5 doors in the St Louis, Cedar Rapids, and Poconos Mountains markets (and is eager to grow!). Liz also attended one of our retreats and shares some BTS deets on that as well if you’ve ever thought about coming to one!

Liz isn’t afraid to run her REI business as a true CEO and didn’t wait to outsource like so many tend to do. She has a hot take on of our other favorite topics, shiny object syndrome, and you will definitely want to hear it!

We also touch on topics such as risk tolerance AND potential big project Liz has in the works… Don’t miss it.

Thanks for listening!

 

 

Resources:

]]> WIIRE 107: Starting Your Real Estate Journey At Any Age with Liz Connelly Amelia McGee, Grace Gudenkauf, Liz Connelly 00:33:46 Hello friends, this week, we are welcoming our friend Liz Connelly, to the podcast. Liz’s journey is beautiful and inspiring, and it will resonate with many of our listeners! Her story is easy to listen to because she truly is so down to earth and has so much knowledge to share and we are so excited for you to hear everything she shares. Hello friends, this week, we are welcoming our friend Liz Connelly, to the podcast. Liz’s journey is beautiful and inspiring, and it will resonate with many of our listeners! Her story is easy to listen to because she truly is so down to earth and has so much knowledge to share and we are so excited for you to hear everything she shares. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 107 ea339d70-1370-4ce7-b841-c538a7e1ea5d WIIRE 106: Increasing Your Profitability without Buying More Real Estate Ready to increase your profitability without buying additional real estate? Look no further. In this podcast episode, we share our best tips and tricks for increasing your REI profits without needing to make new real estate purchases!

It truly is a rite of passage for real estate investors to ‘scale, scale, scale’ for the first few years and then finally decide to take a step back and focus on running and growing their business, without growing their portfolio.

We will discuss transitioning from reactive to proactive behavior, cutting expenses, and even examining return on equity.

We would love to hear if you have taken this step to really focus on the business side of your REI biz so drop us a DM over on Instagram and share your story with us!

We’ll catch you next time!

 

 

Resources:

]]> Mon, 8 Apr 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/increasing-your-profitability-without-buying-more-real-estate-KFptp9U2 Ready to increase your profitability without buying additional real estate? Look no further. In this podcast episode, we share our best tips and tricks for increasing your REI profits without needing to make new real estate purchases!

It truly is a rite of passage for real estate investors to ‘scale, scale, scale’ for the first few years and then finally decide to take a step back and focus on running and growing their business, without growing their portfolio.

We will discuss transitioning from reactive to proactive behavior, cutting expenses, and even examining return on equity.

We would love to hear if you have taken this step to really focus on the business side of your REI biz so drop us a DM over on Instagram and share your story with us!

We’ll catch you next time!

 

 

Resources:

]]> WIIRE 106: Increasing Your Profitability without Buying More Real Estate Amelia McGee, Grace Gudenkauf 00:21:26 Ready to increase your profitability without buying additional real estate? Look no further; because in this podcast episode, we are sharing our best tips and tricks on how you can increase your REI profits without needing to make new real estate purchases! It truly is a rite of passage for real estate investors to ‘scale, scale, scale’ for the first few years and then finally decide to take a step back and focus on running and growing their business, without growing their portfolio. Ready to increase your profitability without buying additional real estate? Look no further; because in this podcast episode, we are sharing our best tips and tricks on how you can increase your REI profits without needing to make new real estate purchases! It truly is a rite of passage for real estate investors to ‘scale, scale, scale’ for the first few years and then finally decide to take a step back and focus on running and growing their business, without growing their portfolio. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 106 fcddb591-948c-4ced-b7cc-e09555a85e93 WIIRE 105: Midterm Rental Operations with Jamie Banks Hello everyone! We are so excited to welcome back Jamie Banks; a real estate powerhouse and an absolute boss babe when it comes to MTR rentals and insurance claims. Jamie joined us back in episode 89 where she shared how she launched her business and grew a team in just one year and now has expanded her empire once again. Today she is back, this time driving into the operations side of her business and she is sharing how she uses creative incentives, how and what she outsources in her REI biz, and how she handles maintenance requests as an out-of-state investor.

To hear her story, tune into Jamie’s first interview with us in WIIRE Episode 89.

Jamie is also an expert at using something and finding another purpose for it and says;

Plan for the business you want, not the business you have.

You can find out more about what Jamie is up to and check out her business over on Instagram.

We’ll catch you in the next episode, friends!

 

Resources:

]]> Thu, 4 Apr 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Jamie Banks) https://women-invest-in-real-estate.simplecast.com/episodes/midterm-rental-operations-with-jamie-banks-146DFwtv Hello everyone! We are so excited to welcome back Jamie Banks; a real estate powerhouse and an absolute boss babe when it comes to MTR rentals and insurance claims. Jamie joined us back in episode 89 where she shared how she launched her business and grew a team in just one year and now has expanded her empire once again. Today she is back, this time driving into the operations side of her business and she is sharing how she uses creative incentives, how and what she outsources in her REI biz, and how she handles maintenance requests as an out-of-state investor.

To hear her story, tune into Jamie’s first interview with us in WIIRE Episode 89.

Jamie is also an expert at using something and finding another purpose for it and says;

Plan for the business you want, not the business you have.

You can find out more about what Jamie is up to and check out her business over on Instagram.

We’ll catch you in the next episode, friends!

 

Resources:

]]> WIIRE 105: Midterm Rental Operations with Jamie Banks Amelia McGee, Grace Gudenkauf, Jamie Banks 00:45:40 Hello everyone! We are so excited to welcome back Jamie Banks; a real estate powerhouse and an absolute boss babe when it comes to MTR rentals and insurance claims. Jamie joined us back in episode 89 where she shared how she launched her business and grew a team in just one year and now has expanded her empire once again. Today she is back, this time driving into the operations side of her business and she is sharing how she uses creative incentives, how and what she outsources in her REI biz, and how she handles maintenance requests as an out-of-state investor. Hello everyone! We are so excited to welcome back Jamie Banks; a real estate powerhouse and an absolute boss babe when it comes to MTR rentals and insurance claims. Jamie joined us back in episode 89 where she shared how she launched her business and grew a team in just one year and now has expanded her empire once again. Today she is back, this time driving into the operations side of her business and she is sharing how she uses creative incentives, how and what she outsources in her REI biz, and how she handles maintenance requests as an out-of-state investor. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 105 d405c378-5de4-4b17-aa15-e69f4fd475e7 WIIRE 104: Handling Maintenance Requests Like a Pro This week on the podcast, we are giving you the scoop on how to handle maintenance requests like a pro! We are sharing our best tips on topics ranging from fielding actual maintenance requests that we have received, to how to work with contractors, to the must-do follow-up steps you should be taking after every request to decrease your routine maintenance costs and increase your tenant satisfaction!

As you scale, maintenance requests will become a bigger and bigger part of your business and knowing exactly how to handle them will not only decrease the number of requests you receive but could also decrease your costs in the long run. We are sharing these tips because we have learned them along the way and made big mistakes and we want to keep you from doing the same.

Know a new(er) investor? Share this episode with them to pay it forward and don’t forget to pre-order your copy of The Self'-Managing Landlord.

Thanks for listening this week, friends!

 

 

Resources:

]]> Mon, 1 Apr 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/handling-maintenance-requests-like-a-pro-1hfaT_Sz This week on the podcast, we are giving you the scoop on how to handle maintenance requests like a pro! We are sharing our best tips on topics ranging from fielding actual maintenance requests that we have received, to how to work with contractors, to the must-do follow-up steps you should be taking after every request to decrease your routine maintenance costs and increase your tenant satisfaction!

As you scale, maintenance requests will become a bigger and bigger part of your business and knowing exactly how to handle them will not only decrease the number of requests you receive but could also decrease your costs in the long run. We are sharing these tips because we have learned them along the way and made big mistakes and we want to keep you from doing the same.

Know a new(er) investor? Share this episode with them to pay it forward and don’t forget to pre-order your copy of The Self'-Managing Landlord.

Thanks for listening this week, friends!

 

 

Resources:

]]> WIIRE 104: Handling Maintenance Requests Like a Pro Amelia McGee, Grace Gudenkauf 00:30:04 This week on the podcast, we are giving you the scoop on how to handle maintenance requests like a pro! We are sharing our best tips on topics ranging from fielding actual maintenance requests that we have received, to how to work with contractors, to the must-do follow-up steps you should be taking after every request to decrease your routine maintenance costs and increase your tenant satisfaction! This week on the podcast, we are giving you the scoop on how to handle maintenance requests like a pro! We are sharing our best tips on topics ranging from fielding actual maintenance requests that we have received, to how to work with contractors, to the must-do follow-up steps you should be taking after every request to decrease your routine maintenance costs and increase your tenant satisfaction! rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 104 ac861ed1-f930-48e7-a71e-aeb90229b158 WIIRE 103: Midterm Rental Co-Hosting and Credit Card Hacking with Jaina Pallasigui Buckle up WIIRE listeners, because this week we are welcoming Jaina Pallasigui to the show, and she is sharing a whole new world of investing tips and tricks with us! Jaina is the co-host of 6 MTR properties, works a full-time W2 job, and is a genius when it comes to credit card hacking! She primarily invests in Indiana but is based out of Orange County, and has learned to do it all remotely and built an amazing team to run the business, flawlessly.

Jaina started her investing journey near the end of 2021, and when her now business partner came to her with a crazy idea! They originally wanted their business to arbitrage Airbnbs but had to pivot due to rules and regulations in their area so they started doing some research and came across the world of co-hosting. It was the perfect solution!

Jaina is also enrolled in our CEO Bootcamp and shares some insider deets on that as well, but has learned how to get and stay organized in her business, thanks to this program!

Want to know more about what Jaina is up to? Head on over and follow her on Instagram!

Thanks for listening this week, friends!

 

 

Resources:

]]> Thu, 28 Mar 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Jaina Pallasigui) https://women-invest-in-real-estate.simplecast.com/episodes/midterm-rental-co-hosting-and-credit-card-hacking-with-jaina-pallasigui-uHck35aT Buckle up WIIRE listeners, because this week we are welcoming Jaina Pallasigui to the show, and she is sharing a whole new world of investing tips and tricks with us! Jaina is the co-host of 6 MTR properties, works a full-time W2 job, and is a genius when it comes to credit card hacking! She primarily invests in Indiana but is based out of Orange County, and has learned to do it all remotely and built an amazing team to run the business, flawlessly.

Jaina started her investing journey near the end of 2021, and when her now business partner came to her with a crazy idea! They originally wanted their business to arbitrage Airbnbs but had to pivot due to rules and regulations in their area so they started doing some research and came across the world of co-hosting. It was the perfect solution!

Jaina is also enrolled in our CEO Bootcamp and shares some insider deets on that as well, but has learned how to get and stay organized in her business, thanks to this program!

Want to know more about what Jaina is up to? Head on over and follow her on Instagram!

Thanks for listening this week, friends!

 

 

Resources:

]]> WIIRE 103: Midterm Rental Co-Hosting and Credit Card Hacking with Jaina Pallasigui Amelia McGee, Grace Gudenkauf, Jaina Pallasigui 00:42:59 Buckle up WIIRE listeners, because this week we are welcoming Jaina Pallasigui to the show, and she is sharing a whole new world of investing tips and tricks with us! Jaina is the co-host of 6 MTR properties, works a full-time W2 job, and is a genius when it comes to credit card hacking! She primarily invests in Indiana but is based out of Orange County, and has learned to do it all remotely and built an amazing team to run the business, flawlessly. Buckle up WIIRE listeners, because this week we are welcoming Jaina Pallasigui to the show, and she is sharing a whole new world of investing tips and tricks with us! Jaina is the co-host of 6 MTR properties, works a full-time W2 job, and is a genius when it comes to credit card hacking! She primarily invests in Indiana but is based out of Orange County, and has learned to do it all remotely and built an amazing team to run the business, flawlessly. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 103 43e343a7-bf45-4f55-b410-28f07bf0fcbf WIIRE 102: What Can You Expect At A WIIRE Retreat? Hey everyone, welcome back to another podcast episode! In this episode, we are giving you a behind-the-scenes look at our Phoenix retreat! With tickets going on sale in just a few short weeks for our next one, we thought we would give you a glimpse into what you can expect when you attend a WIIRE retreat. Tickets sold out for this retreat in under 12 hours and never even went live to the public - they sold out to our waitlist!

We are sharing exactly what the itinerary looked like, how we dove into not only our investing journey and portfolios, and also how we dug deep into the mindset work that it takes to be an investor. You’ll also hear why hot seats are one of our favorite parts of these retreats as well as some surprises we had in store for our guests, and a few testimonials from attendees.

This retreat was absolutely incredible and jam-packed with memorable moments and key takeaways and we hope you’ll put your name on the waitlist for our next retreat, happening September 5-8 in the beautiful town of Salt Lake City! Tickets go on sale May 1 get your name on the list now!

Thanks for tuning in, friends!

 

 

Resources:

]]> Mon, 25 Mar 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/what-can-you-expect-at-a-wiire-retreat-Xnmbx8jF Hey everyone, welcome back to another podcast episode! In this episode, we are giving you a behind-the-scenes look at our Phoenix retreat! With tickets going on sale in just a few short weeks for our next one, we thought we would give you a glimpse into what you can expect when you attend a WIIRE retreat. Tickets sold out for this retreat in under 12 hours and never even went live to the public - they sold out to our waitlist!

We are sharing exactly what the itinerary looked like, how we dove into not only our investing journey and portfolios, and also how we dug deep into the mindset work that it takes to be an investor. You’ll also hear why hot seats are one of our favorite parts of these retreats as well as some surprises we had in store for our guests, and a few testimonials from attendees.

This retreat was absolutely incredible and jam-packed with memorable moments and key takeaways and we hope you’ll put your name on the waitlist for our next retreat, happening September 5-8 in the beautiful town of Salt Lake City! Tickets go on sale May 1 get your name on the list now!

Thanks for tuning in, friends!

 

 

Resources:

]]> WIIRE 102: What Can You Expect At A WIIRE Retreat? Amelia McGee, Grace Gudenkauf 00:22:12 Hey everyone, welcome back to another podcast episode! In this episode, we are giving you a behind-the-scenes look at our Phoenix retreat! With tickets going on sale in just a few short weeks for our next one, we thought we would give you a glimpse into what you can expect when you attend a WIIRE retreat. Tickets sold out for this retreat in under 12 hours and never even went live to the public - they sold out to our waitlist! Hey everyone, welcome back to another podcast episode! In this episode, we are giving you a behind-the-scenes look at our Phoenix retreat! With tickets going on sale in just a few short weeks for our next one, we thought we would give you a glimpse into what you can expect when you attend a WIIRE retreat. Tickets sold out for this retreat in under 12 hours and never even went live to the public - they sold out to our waitlist! rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, wiireretreat, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, phoenixretreat, investment strategies, wiire retreat, retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 102 ed373994-490d-41cc-8d2d-7a2444160f3a WIIRE 101: Serial Real Estate Entrepreneur with Erika Brown Just when you thought it couldn’t get any better, we are introducing you to the awe-inspiring Erika Brown. Erika was a corporate banker who saw the turnstile of her bank rotating with wealthy customers, and she wanted to make that happen for herself and her family. In this episode, Erika shares her wealth of knowledge about real estate investing, mindset, entrepreneurship, and the BIG lessons she has learned as an entrepreneur.

Being the queen of networking, Erika had been connecting with people for years and knew that many of those customers were also investors. This gave her pause because why couldn’t she do the same thing?

As the primary breadwinner with three kids and a husband at home, Erika made the leap in 2016 and got her real estate license, eventually leaving behind her corporate job. Erika absorbed as much education as she could, found any and all networking opportunities, and really tuned in to her newfound passion while finding the recurring stability her family needed.

After self-managing 38+ properties she finally hired out the property management aspect of her business so she could focus on her zone of genius. Erika loves helping people find solutions to their needs and applies this in not only her job as a real estate agent, but in her many entrepreneur ventures as well.

Curious as to what’s next for Erika? Head on over and follow her journey on Instagram.

We’ll see you next week, friends!

 

 

Resources:

]]> Thu, 21 Mar 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Erika Brown) https://women-invest-in-real-estate.simplecast.com/episodes/serial-real-estate-entrepreneur-with-erika-brown-CV0Gt7yn Just when you thought it couldn’t get any better, we are introducing you to the awe-inspiring Erika Brown. Erika was a corporate banker who saw the turnstile of her bank rotating with wealthy customers, and she wanted to make that happen for herself and her family. In this episode, Erika shares her wealth of knowledge about real estate investing, mindset, entrepreneurship, and the BIG lessons she has learned as an entrepreneur.

Being the queen of networking, Erika had been connecting with people for years and knew that many of those customers were also investors. This gave her pause because why couldn’t she do the same thing?

As the primary breadwinner with three kids and a husband at home, Erika made the leap in 2016 and got her real estate license, eventually leaving behind her corporate job. Erika absorbed as much education as she could, found any and all networking opportunities, and really tuned in to her newfound passion while finding the recurring stability her family needed.

After self-managing 38+ properties she finally hired out the property management aspect of her business so she could focus on her zone of genius. Erika loves helping people find solutions to their needs and applies this in not only her job as a real estate agent, but in her many entrepreneur ventures as well.

Curious as to what’s next for Erika? Head on over and follow her journey on Instagram.

We’ll see you next week, friends!

 

 

Resources:

]]> WIIRE 101: Serial Real Estate Entrepreneur with Erika Brown Amelia McGee, Grace Gudenkauf, Erika Brown 00:31:31 Just when you thought it couldn’t get any better, we are introducing you to the awe-inspiring Erika Brown. Erika was a corporate banker who saw the turnstile of her bank rotating with wealthy customers, and she wanted to make that happen for herself and her family. In this episode, Erika shares her wealth of knowledge about real estate investing, mindset, entrepreneurship, and the BIG lessons she has learned as an entrepreneur. Just when you thought it couldn’t get any better, we are introducing you to the awe-inspiring Erika Brown. Erika was a corporate banker who saw the turnstile of her bank rotating with wealthy customers, and she wanted to make that happen for herself and her family. In this episode, Erika shares her wealth of knowledge about real estate investing, mindset, entrepreneurship, and the BIG lessons she has learned as an entrepreneur. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 101 22ce3e63-08cc-402e-8380-bf4422d24b29 BONUS EPISODE: We Wrote A Book! You’ve heard us talking about it for months and the time is almost here… Our book is launching soon and you can pre-order your copy of The Self'-Managing Landlord, now! Whether you are a brand new investor, seasoned landlord, or even a realtor, this book truly has something for every investor at any stage in their REI biz, and you can be the first to read it.

In this episode, we are sharing some of the BTS of our writing process, our thoughts on being new authors, and things we are most excited for you to read! This episode is just a taste of all of the amazing content the book includes so we are excited for you to check it out. Share your thoughts with us and what you are most excited to read (or hope to read) with us over on Instagram, or join the conversation over inside our private WIIRE Facebook group.

Plus, as one of your incredible listeners, you can enter to win a free copy & coaching call by clicking here!

Last but not least, thank you to each and every one of you for your constant support. We truly appreciate it from the bottom of our hearts and cannot wait to see what comes next!

 

 

 

Resources:

]]> Tue, 19 Mar 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/bonus-episode-we-wrote-a-book-MG8hA3M0 You’ve heard us talking about it for months and the time is almost here… Our book is launching soon and you can pre-order your copy of The Self'-Managing Landlord, now! Whether you are a brand new investor, seasoned landlord, or even a realtor, this book truly has something for every investor at any stage in their REI biz, and you can be the first to read it.

In this episode, we are sharing some of the BTS of our writing process, our thoughts on being new authors, and things we are most excited for you to read! This episode is just a taste of all of the amazing content the book includes so we are excited for you to check it out. Share your thoughts with us and what you are most excited to read (or hope to read) with us over on Instagram, or join the conversation over inside our private WIIRE Facebook group.

Plus, as one of your incredible listeners, you can enter to win a free copy & coaching call by clicking here!

Last but not least, thank you to each and every one of you for your constant support. We truly appreciate it from the bottom of our hearts and cannot wait to see what comes next!

 

 

 

Resources:

]]> BONUS EPISODE: We Wrote A Book! Amelia McGee, Grace Gudenkauf 00:28:34 You’ve heard us talking about it for months and the time is almost here… Our book is launching soon and you can pre-order your copy of The Self'-Managing Landlord, now! Whether you are a brand new investor, seasoned landlord, or even a realtor, this book truly has something for every investor at any stage in their REI biz, and you can be the first to read it. You’ve heard us talking about it for months and the time is almost here… Our book is launching soon and you can pre-order your copy of The Self'-Managing Landlord, now! Whether you are a brand new investor, seasoned landlord, or even a realtor, this book truly has something for every investor at any stage in their REI biz, and you can be the first to read it. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true bonus 88ecd2fc-3da0-4e46-9044-a780687b4d72 WIIRE 100: 10 Lessons Learned as Full Time Real Estate Investors We’re 100 episodes in and could not be more excited! Thank you to every single one of you for tuning in because without you we wouldn’t be here sharing this milestone!

In this episode, we’re diving into the top 10 lessons we’ve learned as real estate investors, so get ready to dive deep, and have a few laughs as we go through each one and what we’ve changed in our businesses as a result.

As always, if you’d like to hear something specific on the podcast, you can send us an email or DM us over on Instagram.

Thanks for tuning in, friends!

 

 

Resources:

]]> Mon, 18 Mar 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Rana Zayed) https://women-invest-in-real-estate.simplecast.com/episodes/10-lessons-learned-as-full-time-real-estate-investors-U_0lV_vX We’re 100 episodes in and could not be more excited! Thank you to every single one of you for tuning in because without you we wouldn’t be here sharing this milestone!

In this episode, we’re diving into the top 10 lessons we’ve learned as real estate investors, so get ready to dive deep, and have a few laughs as we go through each one and what we’ve changed in our businesses as a result.

As always, if you’d like to hear something specific on the podcast, you can send us an email or DM us over on Instagram.

Thanks for tuning in, friends!

 

 

Resources:

]]> WIIRE 100: 10 Lessons Learned as Full Time Real Estate Investors Amelia McGee, Grace Gudenkauf, Rana Zayed 00:27:16 In this episode, we’re diving into the top 10 lessons we’ve learned as real estate investors, so get ready to dive deep, and have a few laughs as we go through each one and what we’ve changed in our businesses as a result. In this episode, we’re diving into the top 10 lessons we’ve learned as real estate investors, so get ready to dive deep, and have a few laughs as we go through each one and what we’ve changed in our businesses as a result. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 100 2ff55f24-1541-4040-9547-58bab3dcc903 WIIRE 099: Nomadic Investing with Lindsey Andrews Hey everyone! This week, we’re sharing the journey with Lindsey Andrews, a nomadic investor who joined us to record this episode from Cape Town but owns two MTR properties in the US. As a full-time book cover designer, Lindsey is a newer investor learning how to manage multiple rental properties and loves discovering new ways to diversify her portfolio.

Lindsey’s REI journey began during the pandemic when her day job changed and became fully remote. This gave her the opportunity to do something she always wanted to do—travel.

In January 2023, while traveling with her ‘tribe’ in Buenos Aries, she uncovered her passion for all things REI and educated herself in any way she could. Lindsey also attended our retreat in Charlotte and even partnered on a deal with another attendee!

In this episode, Lindsey talks about…

  • How she found and funded her first deal, from out of the country
  • Things she has learned as a new investor
  • Tips for other nomadic investors

If you want to see where Lindsay is headed next or what her next deal looks like, you can find her over on Instagram.

Thanks for listening!

 

 

Resources:

]]> Thu, 14 Mar 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Lindsey Andrews) https://women-invest-in-real-estate.simplecast.com/episodes/nomadic-investing-with-lindsey-andrews-aQZ7exV5 Hey everyone! This week, we’re sharing the journey with Lindsey Andrews, a nomadic investor who joined us to record this episode from Cape Town but owns two MTR properties in the US. As a full-time book cover designer, Lindsey is a newer investor learning how to manage multiple rental properties and loves discovering new ways to diversify her portfolio.

Lindsey’s REI journey began during the pandemic when her day job changed and became fully remote. This gave her the opportunity to do something she always wanted to do—travel.

In January 2023, while traveling with her ‘tribe’ in Buenos Aries, she uncovered her passion for all things REI and educated herself in any way she could. Lindsey also attended our retreat in Charlotte and even partnered on a deal with another attendee!

In this episode, Lindsey talks about…

  • How she found and funded her first deal, from out of the country
  • Things she has learned as a new investor
  • Tips for other nomadic investors

If you want to see where Lindsay is headed next or what her next deal looks like, you can find her over on Instagram.

Thanks for listening!

 

 

Resources:

]]> WIIRE 099: Nomadic Investing with Lindsey Andrews Amelia McGee, Grace Gudenkauf, Lindsey Andrews 00:39:53 Hey everyone! This week, we’re sharing the journey with Lindsey Andrews, a nomadic investor who joined us to record this episode from Cape Town but owns two MTR properties in the US. As a full-time book cover designer, Lindsey is a newer investor learning how to manage multiple rental properties and loves discovering new ways to diversify her portfolio. Hey everyone! This week, we’re sharing the journey with Lindsey Andrews, a nomadic investor who joined us to record this episode from Cape Town but owns two MTR properties in the US. As a full-time book cover designer, Lindsey is a newer investor learning how to manage multiple rental properties and loves discovering new ways to diversify her portfolio. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 99 2661b9ec-aa5d-4692-9a2a-7c2d2f1586c3 WIIRE 098: Creating a Win-Win Partnership in Real Estate Hey there WIIRE community! Welcome back to another episode. You’ve asked us to dig into this hot topic, and we’re delivering! This week we are talking all about how to create a win-win partnership in real estate. For this episode, we are breaking down what an equity partnership looks like and giving you the lowdown on how ours have been structured, plus detailing the benefits, disadvantages, and exactly what you need to create a successful partnership.

We’re also diving into these 4 components of a partnership:

  • Experience
  • Management
  • Acquisition
  • Funding

Our mindsets have shifted a lot over the years and two big pieces of that, aside from simply working together, have been through our WIIRE Community Facebook Group, and through hosting our retreats. Networking is such a key component to the REI business and we would love to also hear how being part of our community has impacted YOU so DM us and let us know!

Also, do you know someone who would be a great guest and think we should invite them onto the podcast? Let us know!

We’ll catch you in the next episode!

 

 

 

Resources:

]]> Mon, 11 Mar 2024 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Rana Zayed) https://women-invest-in-real-estate.simplecast.com/episodes/creating-a-win-win-partnership-in-real-estate-xQtjDYiQ Hey there WIIRE community! Welcome back to another episode. You’ve asked us to dig into this hot topic, and we’re delivering! This week we are talking all about how to create a win-win partnership in real estate. For this episode, we are breaking down what an equity partnership looks like and giving you the lowdown on how ours have been structured, plus detailing the benefits, disadvantages, and exactly what you need to create a successful partnership.

We’re also diving into these 4 components of a partnership:

  • Experience
  • Management
  • Acquisition
  • Funding

Our mindsets have shifted a lot over the years and two big pieces of that, aside from simply working together, have been through our WIIRE Community Facebook Group, and through hosting our retreats. Networking is such a key component to the REI business and we would love to also hear how being part of our community has impacted YOU so DM us and let us know!

Also, do you know someone who would be a great guest and think we should invite them onto the podcast? Let us know!

We’ll catch you in the next episode!

 

 

 

Resources:

]]> WIIRE 098: Creating a Win-Win Partnership in Real Estate Amelia McGee, Grace Gudenkauf, Rana Zayed 00:37:04 You’ve asked us to dig into this hot topic, and we’re delivering! This week we are talking all about how to create a win-win partnership in real estate. For this episode, we are breaking down what an equity partnership looks like and giving you the lowdown on how ours have been structured, plus detailing the benefits, disadvantages, and exactly what you need to create a successful partnership. You’ve asked us to dig into this hot topic, and we’re delivering! This week we are talking all about how to create a win-win partnership in real estate. For this episode, we are breaking down what an equity partnership looks like and giving you the lowdown on how ours have been structured, plus detailing the benefits, disadvantages, and exactly what you need to create a successful partnership. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 98 e24ce28e-4351-45d0-b1d6-2a5ce495d99b WIIRE 097: Investing in Assisted Living Facilities with Rana Zayed Hello everyone, welcome back to another podcast episode! We hope you are ready to hear from another incredible podcast guest because in this episode we are joined by Rana Zayed, a female investor who has an incredible story to share about leaving behind her corporate job to jump into the world of real investing and purchasing, rehabbing and opening an assisted living facility in Wichita, Kansas.

Rana got her taste for real estate investing from her dad because he was also an investor and she watched him intently as she grew up, and eventually partnered with her brother to work together on this massive undertaking. At the time her brother first approached her to partner on opening an assisted living facility, she thought it was a crazy idea but knew she wanted to try anyway, so she relocated back to their hometown of Wichita to invest in a community near and dear to their hearts. It was her first deal and probably one of the scariest things Rana has ever done, but she has never looked back.

In this episode, you’ll hear…

  • The pros, cons, rewards, and stressors of the entire process
  • Learning moments from this massive first project
  • Actionable advice for anyone interested in opening an assisted care facility

Plus, some of our favorite moments with Rana are the tips she shares about working smarter, not harder, in the industry.

You can find Rana hanging out on Linkedin or connect with her via email.

Thanks for tuning in, friends!

 

 

 

Resources:

]]> Thu, 7 Mar 2024 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Rana Zayed) https://women-invest-in-real-estate.simplecast.com/episodes/investing-in-assisted-living-facilities-with-rana-zayed-ldn_koHP Hello everyone, welcome back to another podcast episode! We hope you are ready to hear from another incredible podcast guest because in this episode we are joined by Rana Zayed, a female investor who has an incredible story to share about leaving behind her corporate job to jump into the world of real investing and purchasing, rehabbing and opening an assisted living facility in Wichita, Kansas.

Rana got her taste for real estate investing from her dad because he was also an investor and she watched him intently as she grew up, and eventually partnered with her brother to work together on this massive undertaking. At the time her brother first approached her to partner on opening an assisted living facility, she thought it was a crazy idea but knew she wanted to try anyway, so she relocated back to their hometown of Wichita to invest in a community near and dear to their hearts. It was her first deal and probably one of the scariest things Rana has ever done, but she has never looked back.

In this episode, you’ll hear…

  • The pros, cons, rewards, and stressors of the entire process
  • Learning moments from this massive first project
  • Actionable advice for anyone interested in opening an assisted care facility

Plus, some of our favorite moments with Rana are the tips she shares about working smarter, not harder, in the industry.

You can find Rana hanging out on Linkedin or connect with her via email.

Thanks for tuning in, friends!

 

 

 

Resources:

]]> WIIRE 097: Investing in Assisted Living Facilities with Rana Zayed Amelia McGee, Grace Gudenkauf, Rana Zayed 00:42:44 Hello everyone, welcome back to another podcast episode! We hope you are ready to hear from another incredible podcast guest because in this episode we are joined by Rana Zayed, a female investor who has an incredible story to share about leaving behind her corporate job to jump into the world of real investing and purchasing, rehabbing and opening an assisted living facility in Wichita, Kansas. Hello everyone, welcome back to another podcast episode! We hope you are ready to hear from another incredible podcast guest because in this episode we are joined by Rana Zayed, a female investor who has an incredible story to share about leaving behind her corporate job to jump into the world of real investing and purchasing, rehabbing and opening an assisted living facility in Wichita, Kansas. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 97 f1a9fa05-13c6-4ded-99c2-cac1ae80055b WIIRE 096: Real Estate Deal Deep Dives Hey friends, we are so happy you’ve joined us for another WIIRE podcast episode! We know how much you all love our BTS episodes so today we are talking about our very own deals and deep-diving into some of our favs.

We’re sharing not only some of our best deals but how we found and financed them and sharing actual numbers with you as well.

If you want to see more behind-the-scenes episodes, shoot us an email and let us know! We would also love it if you could leave us a review, wherever you listen to your podcasts!

Thanks for listening and we’ll see you in the next one!

 

 

 

Resources:

]]> Mon, 4 Mar 2024 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/real-estate-deal-deep-dives-cZun5FB1 Hey friends, we are so happy you’ve joined us for another WIIRE podcast episode! We know how much you all love our BTS episodes so today we are talking about our very own deals and deep-diving into some of our favs.

We’re sharing not only some of our best deals but how we found and financed them and sharing actual numbers with you as well.

If you want to see more behind-the-scenes episodes, shoot us an email and let us know! We would also love it if you could leave us a review, wherever you listen to your podcasts!

Thanks for listening and we’ll see you in the next one!

 

 

 

Resources:

]]> WIIRE 096: Real Estate Deal Deep Dives Amelia McGee, Grace Gudenkauf 00:30:17 Hey friends, we are so happy you’ve joined us for another WIIRE podcast episode! We know how much you all love our BTS episodes so today we are talking about our very own deals and deep-diving into some of our favs. We’re sharing not only some of our best deals but how we found and financed them and sharing actual numbers with you as well. Hey friends, we are so happy you’ve joined us for another WIIRE podcast episode! We know how much you all love our BTS episodes so today we are talking about our very own deals and deep-diving into some of our favs. We’re sharing not only some of our best deals but how we found and financed them and sharing actual numbers with you as well. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 96 47e373f6-c05b-440a-aad3-3a943328d3dc WIIRE 095: Scaling to Full Time Investor in 3 Years with Chelsey Graning Hey everyone! We hope you are ready for an absolutely incredible (true) story because in this episode we are joined by Chelsey Graning, a former full-time nurse turned realtor and real estate investor who just left her W2 last year and already has 38 units under her belt.

Based in Rochester, MN, Chelsey began her REI journey in 2020 and has accomplished so much in just 3 short years. With her background in nursing, she really hadn’t considered real estate investing to be something she could do. That was only for rich people, right?

Chelsey quickly discovered that wasn’t true and dove into the REI world by educating herself using one of our favorite methods, listening to podcasts! After finally deciding to make the leap and start her REI journey, she partnered with relatives and also found herself attending a WIIRE Retreat where she even helped a fellow attendee purchase a house!

In this episode, Chelsey shares all of the juicy details on her journey and lessons she learned along the way. You will not want to miss these game changers that helped her scale!

To connect with Chelsey, you can find her over on Instagram and hanging out on Facebook.

Thanks for tuning in, friends!

 

 

Resources:

]]> Thu, 29 Feb 2024 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Chelsey Graning) https://women-invest-in-real-estate.simplecast.com/episodes/scaling-to-full-time-investor-in-3-years-with-chelsey-graning-pUvC5wWH Hey everyone! We hope you are ready for an absolutely incredible (true) story because in this episode we are joined by Chelsey Graning, a former full-time nurse turned realtor and real estate investor who just left her W2 last year and already has 38 units under her belt.

Based in Rochester, MN, Chelsey began her REI journey in 2020 and has accomplished so much in just 3 short years. With her background in nursing, she really hadn’t considered real estate investing to be something she could do. That was only for rich people, right?

Chelsey quickly discovered that wasn’t true and dove into the REI world by educating herself using one of our favorite methods, listening to podcasts! After finally deciding to make the leap and start her REI journey, she partnered with relatives and also found herself attending a WIIRE Retreat where she even helped a fellow attendee purchase a house!

In this episode, Chelsey shares all of the juicy details on her journey and lessons she learned along the way. You will not want to miss these game changers that helped her scale!

To connect with Chelsey, you can find her over on Instagram and hanging out on Facebook.

Thanks for tuning in, friends!

 

 

Resources:

]]> WIIRE 095: Scaling to Full Time Investor in 3 Years with Chelsey Graning Amelia McGee, Grace Gudenkauf, Chelsey Graning 00:37:22 Hey everyone! We hope you are ready for an absolutely incredible (true) story because in this episode we are joined by Chelsey Graning, a former full-time nurse turned realtor and real estate investor who just left her W2 last year and already has 38 units under her belt. Hey everyone! We hope you are ready for an absolutely incredible (true) story because in this episode we are joined by Chelsey Graning, a former full-time nurse turned realtor and real estate investor who just left her W2 last year and already has 38 units under her belt. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 95 c69f20ba-93ae-41ec-95f8-8e4368f4c0bc WIIRE 094: Hiring & Delegating in your Real Estate Investing Business Hey everyone, welcome back to another WIIRE podcast episode! One of the questions that lands in our inbox day after day is ‘Who do I hire first, and when?’ and in this episode, we’re diving into exactly who we hired (the exact order in which we hired them) and how to start delegating tasks.

We will also be sharing our best tips on hiring the right person, as well as sharing hiring and timeline mistakes that we think will help you start off on the right track when you finally decide to outsource in your REI biz.

Episodes like these are some of our favorites because it's a question we are asked so frequently, and we love sharing tips and tricks we’ve learned along the way with each of you.

Have something you want to ask? Send us an email or DM on Instagram.

Thanks for tuning in!

 

 

 

Resources:

]]> Mon, 26 Feb 2024 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/hiring-delegating-in-your-real-estate-investing-business-AP2EQTc3 Hey everyone, welcome back to another WIIRE podcast episode! One of the questions that lands in our inbox day after day is ‘Who do I hire first, and when?’ and in this episode, we’re diving into exactly who we hired (the exact order in which we hired them) and how to start delegating tasks.

We will also be sharing our best tips on hiring the right person, as well as sharing hiring and timeline mistakes that we think will help you start off on the right track when you finally decide to outsource in your REI biz.

Episodes like these are some of our favorites because it's a question we are asked so frequently, and we love sharing tips and tricks we’ve learned along the way with each of you.

Have something you want to ask? Send us an email or DM on Instagram.

Thanks for tuning in!

 

 

 

Resources:

]]> WIIRE 094: Hiring & Delegating in your Real Estate Investing Business Amelia McGee, Grace Gudenkauf 00:37:39 Hey everyone, welcome back to another WIIRE podcast episode! One of the questions that lands in our inbox day after day is ‘Who do I hire first, and when?’ and in this episode, we’re diving into exactly who we hired (the exact order in which we hired them) and how to start delegating tasks. Hey everyone, welcome back to another WIIRE podcast episode! One of the questions that lands in our inbox day after day is ‘Who do I hire first, and when?’ and in this episode, we’re diving into exactly who we hired (the exact order in which we hired them) and how to start delegating tasks. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 94 1a70fc42-bcb0-46e8-887e-b34faeb1ec6c WIIRE 093: House Hacking in an Expensive Market with Amanda Boleyn Hello WIIRE listeners! Today’s podcast guest is a former (but still near and dear to our hearts) member of the WIIRE team, Amanda Boleyn. Amanda is an incredible businesswoman and entrepreneur who has operated multiple successful businesses and has jumped into the waters of real estate investing.

Amanda is a house hack investor who lives in Charleston, SC, and owns 11 multi-family units between the Charleston, Dubuque, and Chicago markets. Amanda is well-versed in owning properties in more expensive markets and self-manages her rentals while juggling multiple businesses.

Her real zone of genius is time management, which we touch on today, specifically for real estate investors.

We’re also talking about…

  • Phantom cash flow
  • The definition and operation a house hack
  • Amanda’s personal REI journey that started on Friday the 13th
  • Looking for the natural next step

Amanda helps female entrepreneurs and real estate investors through her coaching program, Simplify Mastermind. Inside, she teaches them how to simplify their businesses through processes and automation and how to successfully set and execute goal setting.

You can learn more about Amanda’s program, Simplify Mastermind, by visiting her website or following her on Instagram.

Thanks for tuning in, friends!

 

 

Resources:

]]> Thu, 22 Feb 2024 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/house-hacking-in-an-expensive-market-with-amanda-boleyn-sz2IllyV Hello WIIRE listeners! Today’s podcast guest is a former (but still near and dear to our hearts) member of the WIIRE team, Amanda Boleyn. Amanda is an incredible businesswoman and entrepreneur who has operated multiple successful businesses and has jumped into the waters of real estate investing.

Amanda is a house hack investor who lives in Charleston, SC, and owns 11 multi-family units between the Charleston, Dubuque, and Chicago markets. Amanda is well-versed in owning properties in more expensive markets and self-manages her rentals while juggling multiple businesses.

Her real zone of genius is time management, which we touch on today, specifically for real estate investors.

We’re also talking about…

  • Phantom cash flow
  • The definition and operation a house hack
  • Amanda’s personal REI journey that started on Friday the 13th
  • Looking for the natural next step

Amanda helps female entrepreneurs and real estate investors through her coaching program, Simplify Mastermind. Inside, she teaches them how to simplify their businesses through processes and automation and how to successfully set and execute goal setting.

You can learn more about Amanda’s program, Simplify Mastermind, by visiting her website or following her on Instagram.

Thanks for tuning in, friends!

 

 

Resources:

]]> WIIRE 093: House Hacking in an Expensive Market with Amanda Boleyn Amelia McGee, Grace Gudenkauf 00:39:45 Today’s podcast guest is a former (but still near and dear to our hearts) member of the WIIRE team, Amanda Boleyn. Amanda is an incredible businesswoman and entrepreneur who has operated multiple successful businesses and has jumped into the waters of real estate investing. Amanda is a house hack investor who lives in Charleston, SC, and owns 11 multi-family units between the Charleston, Dubuque, and Chicago markets. Amanda is well-versed in owning properties in more expensive markets and self-manages her rentals while juggling multiple businesses. Today’s podcast guest is a former (but still near and dear to our hearts) member of the WIIRE team, Amanda Boleyn. Amanda is an incredible businesswoman and entrepreneur who has operated multiple successful businesses and has jumped into the waters of real estate investing. Amanda is a house hack investor who lives in Charleston, SC, and owns 11 multi-family units between the Charleston, Dubuque, and Chicago markets. Amanda is well-versed in owning properties in more expensive markets and self-manages her rentals while juggling multiple businesses. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 93 50854f27-263f-4e2b-8861-5544991b2e88 WIIRE 092: Real Estate Negotiation Tips with Amelia & Grace One thing we both love about real estate investing is negotiating a killer deal on an investment property, and in this WIIRE episode, we’re sharing our best tips and tricks when it comes to doing exactly that.

We are sharing some of our best secrets for negotiating price and agreement terms and spilling some secrets on how to use a purchase agreement to negotiate a better deal on a property.

We’re also answering the age-old question of whether we consider ourselves good negotiators and what best practices we keep tucked in our back pockets when making deals.

Have a suggestion for something you’d like to hear on an upcoming episode? Let us know or drop it in our Facebook group!

Until next week!

 

 

Resources:

]]> Mon, 19 Feb 2024 07:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/real-estate-negotiation-tips-with-amelia-grace-ypFSNa2U One thing we both love about real estate investing is negotiating a killer deal on an investment property, and in this WIIRE episode, we’re sharing our best tips and tricks when it comes to doing exactly that.

We are sharing some of our best secrets for negotiating price and agreement terms and spilling some secrets on how to use a purchase agreement to negotiate a better deal on a property.

We’re also answering the age-old question of whether we consider ourselves good negotiators and what best practices we keep tucked in our back pockets when making deals.

Have a suggestion for something you’d like to hear on an upcoming episode? Let us know or drop it in our Facebook group!

Until next week!

 

 

Resources:

]]> WIIRE 092: Real Estate Negotiation Tips with Amelia & Grace Grace Gudenkauf, Amelia McGee 00:26:23 One thing we both love about real estate investing is negotiating a killer deal on an investment property, and in this WIIRE episode, we’re sharing our best tips and tricks when it comes to doing exactly that. We are sharing some of our best secrets for negotiating price and agreement terms and spilling some secrets on how to use a purchase agreement to negotiate a better deal on a property. One thing we both love about real estate investing is negotiating a killer deal on an investment property, and in this WIIRE episode, we’re sharing our best tips and tricks when it comes to doing exactly that. We are sharing some of our best secrets for negotiating price and agreement terms and spilling some secrets on how to use a purchase agreement to negotiate a better deal on a property. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 92 e6c0a90d-7b5b-48bf-a669-2bbcd9db156c WIIRE 091: Shiny Object Syndrome Vs Scrappy Investor with Rachel Borchardt Hello friends! We are really excited to welcome another past guest of our first WIIRE retreat, Rachel Borchardt. Rachel is a real estate investor located in Wisconsin who dabbles in a little bit of everything from single-family to long-term rentals to small multi-family properties to mid-term rentals. Rachel started investing in real estate in 2020 and now owns 26 doors with her husband and their business partners.

In this episode, we’re diving into…

  • How she nearly doubled her portfolio with one acquisition
  • Structuring partnerships
  • Shiny object syndrome vs being scrappy in REI

You can find Rachel on Instagram if you want to see what she’s up to next!

Thanks for tuning in, friends!

 

 

Resources:

]]> Thu, 15 Feb 2024 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Rachel Borchardt) https://women-invest-in-real-estate.simplecast.com/episodes/shiny-object-syndrome-vs-scrappy-investor-with-rachel-borchardt-tiZ1h_oz Hello friends! We are really excited to welcome another past guest of our first WIIRE retreat, Rachel Borchardt. Rachel is a real estate investor located in Wisconsin who dabbles in a little bit of everything from single-family to long-term rentals to small multi-family properties to mid-term rentals. Rachel started investing in real estate in 2020 and now owns 26 doors with her husband and their business partners.

In this episode, we’re diving into…

  • How she nearly doubled her portfolio with one acquisition
  • Structuring partnerships
  • Shiny object syndrome vs being scrappy in REI

You can find Rachel on Instagram if you want to see what she’s up to next!

Thanks for tuning in, friends!

 

 

Resources:

]]> WIIRE 091: Shiny Object Syndrome Vs Scrappy Investor with Rachel Borchardt Amelia McGee, Grace Gudenkauf, Rachel Borchardt 00:28:01 We are really excited to welcome another past guest of our first WIIRE retreat, Rachel Borchardt. Rachel is a real estate investor located in Wisconsin who dabbles in a little bit of everything from single-family to long-term rentals to small multi-family properties to mid-term rentals. Rachel started investing in real estate in 2020 and now owns 26 doors with her husband and their business partners. We are really excited to welcome another past guest of our first WIIRE retreat, Rachel Borchardt. Rachel is a real estate investor located in Wisconsin who dabbles in a little bit of everything from single-family to long-term rentals to small multi-family properties to mid-term rentals. Rachel started investing in real estate in 2020 and now owns 26 doors with her husband and their business partners. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 91 946a194b-3eb5-4d02-a139-8d9ab3260a67 WIIRE 090: Acquisition Tips: How We Sourced Our Most Recent Deals with Amelia & Grace It’s been a while since we talked about changes in our own real estate portfolios, so in this episode, we are sharing how we sourced our most recent deals. We don’t always need to spend hours scouring the MLS or driving for dollars (as much as we do love doing just that), but sometimes, deals can come right to you, and we’re going to share with you how we do just that.

Plus, as a bonus, we are sharing some of our best actionable tips to keep the deals rolling into your inbox and giving you a peek into how we operate on a day-to-day basis.

Want more behind-the-scenes action on the podcast? Email or DM us to tell us what you’d like to see more of on the podcast!

Talk to you next time, friends!

 

 

 

Resources:

]]> Mon, 12 Feb 2024 07:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/acquisition-tips-how-we-sourced-our-most-recent-deals-with-amelia-and-grace-qjD9eCaA It’s been a while since we talked about changes in our own real estate portfolios, so in this episode, we are sharing how we sourced our most recent deals. We don’t always need to spend hours scouring the MLS or driving for dollars (as much as we do love doing just that), but sometimes, deals can come right to you, and we’re going to share with you how we do just that.

Plus, as a bonus, we are sharing some of our best actionable tips to keep the deals rolling into your inbox and giving you a peek into how we operate on a day-to-day basis.

Want more behind-the-scenes action on the podcast? Email or DM us to tell us what you’d like to see more of on the podcast!

Talk to you next time, friends!

 

 

 

Resources:

]]> WIIRE 090: Acquisition Tips: How We Sourced Our Most Recent Deals with Amelia & Grace Grace Gudenkauf, Amelia McGee 00:30:10 It’s been a while since we talked about changes in our own real estate portfolios, so in this episode, we are sharing how we sourced our most recent deals. We don’t always need to spend hours scouring the MLS or driving for dollars (as much as we do love doing just that), but sometimes, deals can come right to you, and we’re going to share with you how we do just that. It’s been a while since we talked about changes in our own real estate portfolios, so in this episode, we are sharing how we sourced our most recent deals. We don’t always need to spend hours scouring the MLS or driving for dollars (as much as we do love doing just that), but sometimes, deals can come right to you, and we’re going to share with you how we do just that. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 90 188e04f3-1333-4adc-8deb-ff008a805a8b WIIRE 089: How to Secure Midterm Rental Insurance Claim Contracts with Jamie Banks We could not be more excited to introduce you to this week’s WIIRE podcast guest. Jamie Banks is the definition of a female real estate powerhouse and an absolute boss when it comes to MTR rentals and insurance claims. Jamie has built her entire business around this, starting with co-hosting, and is sharing all of the juicy details in this no-holds-barred episode.

Jamie lives in northern Virginia and invests in the Philidelphia, New Orleans, and Richmond markets. Jamie loves a good HGTV binge (who doesn’t) and first got into flipping through pure interest. She is good at following directions and just decided that this was something she was going to try.

She has been in the REI biz for less than one year, but don’t let that fool you because she has become highly regarded within the industry. Jamie owns 3 doors herself, manages 8 doors, and does tenant placement for 96 doors (yes, you read that right, 96 doors!).

In this podcast episode, we’re talking about…

  • Finding arbitrage units
  • Building a team
  • How you can charge more for insurance claims/tenants
  • Best practices for using your network to place more tenants with more contracts
  • Emerging trends in the MTR space

 

If you’re attending our Phoenix retreat, we hope you’re pumped to meet this incredible woman!

You can find out more about what Jamie is up to and check out her business over on Instagram.

We’ll catch you in the next episode!

 

 

Resources:

]]> Thu, 8 Feb 2024 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Jamie Banks) https://women-invest-in-real-estate.simplecast.com/episodes/how-to-secure-midterm-rental-insurance-claim-contracts-with-jamie-banks-Cz4K0ib8 We could not be more excited to introduce you to this week’s WIIRE podcast guest. Jamie Banks is the definition of a female real estate powerhouse and an absolute boss when it comes to MTR rentals and insurance claims. Jamie has built her entire business around this, starting with co-hosting, and is sharing all of the juicy details in this no-holds-barred episode.

Jamie lives in northern Virginia and invests in the Philidelphia, New Orleans, and Richmond markets. Jamie loves a good HGTV binge (who doesn’t) and first got into flipping through pure interest. She is good at following directions and just decided that this was something she was going to try.

She has been in the REI biz for less than one year, but don’t let that fool you because she has become highly regarded within the industry. Jamie owns 3 doors herself, manages 8 doors, and does tenant placement for 96 doors (yes, you read that right, 96 doors!).

In this podcast episode, we’re talking about…

  • Finding arbitrage units
  • Building a team
  • How you can charge more for insurance claims/tenants
  • Best practices for using your network to place more tenants with more contracts
  • Emerging trends in the MTR space

 

If you’re attending our Phoenix retreat, we hope you’re pumped to meet this incredible woman!

You can find out more about what Jamie is up to and check out her business over on Instagram.

We’ll catch you in the next episode!

 

 

Resources:

]]> WIIRE 089: How to Secure Midterm Rental Insurance Claim Contracts with Jamie Banks Amelia McGee, Grace Gudenkauf, Jamie Banks 00:49:08 We could not be more excited to introduce you to this week’s WIIRE podcast guest. Jamie Banks is the definition of a female real estate powerhouse and an absolute boss when it comes to MTR rentals and insurance claims. Jamie has built her entire business around this, starting with co-hosting, and is sharing all of the juicy details in this no-holds-barred episode. We could not be more excited to introduce you to this week’s WIIRE podcast guest. Jamie Banks is the definition of a female real estate powerhouse and an absolute boss when it comes to MTR rentals and insurance claims. Jamie has built her entire business around this, starting with co-hosting, and is sharing all of the juicy details in this no-holds-barred episode. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 89 2d628a39-c765-448b-8ad3-2017cd2574fe WIIRE 088: Four Times We Almost Quit Real Estate Investing with Amelia & Grace Hello WIIRE listeners! Have you ever had one of those moments when you just thought,

‘I can’t do this anymore, it’s time to sell off my portfolio!’

If you answered ‘yes’, we’ve got a secret to share with you… We’ve been there, friend!

In this WIIRE podcast episode, we’re sharing our top four moments that almost made us throw in the towel. We’re sharing our personal stories involving both properties and tenants and hope this inspires you on your most challenging days to keep pushing through.

To put it in perspective, these four times are only four out of the one hundred times we’ve considered quitting the REI biz. As landlords and property owners, we do our best to go above and beyond for our tenants and we take it personally when things happen.

We are so grateful for each other and to our WIIRE community to have one another to lean on in those times. We opening up and being vulnerable with you and would love to hear your stories about the moment(s) that nearly made you throw in the towel.

The takeaway we want you to have from this podcast episode is not what made us almost quit, but what we did after we decided to keep going and the learning moments that came as a result.

Thanks for tuning in, friends! We’ll catch you in the next episode!

 

 

 

Resources:

]]> Mon, 5 Feb 2024 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/four-times-we-almost-quit-real-estate-investing-Z9TDI7J0 Hello WIIRE listeners! Have you ever had one of those moments when you just thought,

‘I can’t do this anymore, it’s time to sell off my portfolio!’

If you answered ‘yes’, we’ve got a secret to share with you… We’ve been there, friend!

In this WIIRE podcast episode, we’re sharing our top four moments that almost made us throw in the towel. We’re sharing our personal stories involving both properties and tenants and hope this inspires you on your most challenging days to keep pushing through.

To put it in perspective, these four times are only four out of the one hundred times we’ve considered quitting the REI biz. As landlords and property owners, we do our best to go above and beyond for our tenants and we take it personally when things happen.

We are so grateful for each other and to our WIIRE community to have one another to lean on in those times. We opening up and being vulnerable with you and would love to hear your stories about the moment(s) that nearly made you throw in the towel.

The takeaway we want you to have from this podcast episode is not what made us almost quit, but what we did after we decided to keep going and the learning moments that came as a result.

Thanks for tuning in, friends! We’ll catch you in the next episode!

 

 

 

Resources:

]]> WIIRE 088: Four Times We Almost Quit Real Estate Investing with Amelia & Grace Amelia McGee, Grace Gudenkauf 00:29:26 In this WIIRE podcast episode, we’re sharing our top four moments that almost made us throw in the towel. We’re sharing our personal stories involving both properties and tenants and hope this inspires you on your most challenging days to keep pushing through. In this WIIRE podcast episode, we’re sharing our top four moments that almost made us throw in the towel. We’re sharing our personal stories involving both properties and tenants and hope this inspires you on your most challenging days to keep pushing through. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 88 38c62862-fb94-4809-b961-f03c36161f0c WIIRE 087: 50 Flips by the Age of 26 with Dominique Gunderson Welcome back WIIRE listeners! We’re so excited to introduce you to our friend Dominique Gunderson, a full-time real estate investor who lives in Colorado Springs but invests in flips and BRRRR properties in New Orleans, Louisiana.

Dominique has learned some amazing skills as an investor who works remotely, and we are so excited for her to share her expertise with you. Dominique has over 50 flips under her belt (at only 26 years old), and owns 7 long-term rental properties herself.

We are talking about…

  • How and why she chose her market
  • When it’s time to let contractors go
  • Actionable tips for handling contractors going over budget

Dominique also shares where she finds her confidence (something we can all relate to!) and what a typical week looks like as a remote investor who flips up to 12 properties at once.

If you want to know more about Dominique and follow along with her journey, you can find her on Instagram.

Thanks for tuning in, friends!

 

 

 

Resources:

]]> Thu, 1 Feb 2024 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Dominique Gunderson) https://women-invest-in-real-estate.simplecast.com/episodes/50-flips-by-the-age-of-26-with-dominique-gunderson-9Jl1MyHd Welcome back WIIRE listeners! We’re so excited to introduce you to our friend Dominique Gunderson, a full-time real estate investor who lives in Colorado Springs but invests in flips and BRRRR properties in New Orleans, Louisiana.

Dominique has learned some amazing skills as an investor who works remotely, and we are so excited for her to share her expertise with you. Dominique has over 50 flips under her belt (at only 26 years old), and owns 7 long-term rental properties herself.

We are talking about…

  • How and why she chose her market
  • When it’s time to let contractors go
  • Actionable tips for handling contractors going over budget

Dominique also shares where she finds her confidence (something we can all relate to!) and what a typical week looks like as a remote investor who flips up to 12 properties at once.

If you want to know more about Dominique and follow along with her journey, you can find her on Instagram.

Thanks for tuning in, friends!

 

 

 

Resources:

]]> WIIRE 087: 50 Flips by the Age of 26 with Dominique Gunderson Amelia McGee, Grace Gudenkauf, Dominique Gunderson 00:40:49 We’re so excited to introduce you to our friend Dominique Gunderson, a full-time real estate investor who lives in Colorado Springs but invests in flips and BRRRR properties in New Orleans, Louisiana. We’re so excited to introduce you to our friend Dominique Gunderson, a full-time real estate investor who lives in Colorado Springs but invests in flips and BRRRR properties in New Orleans, Louisiana. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 87 b38f5e30-b59c-4e0e-9e87-39b87a54d230 WIIRE 086: 5 Rental Property No No's Have you ever gone to walk a potential rental property and thought to yourself ‘what a strange layout, where would someone even put a couch?’ or maybe you’ve pulled up to the property only to discover there is absolutely no place to park. This week on the podcast, we are covering the top 5 red flags we consider to be ‘no-nos’ when it comes to buying and operating your rental properties.

The 5 rental property no-no’s we’re deep-diving into are:

  1. Busy street/poor parking situation
  2. Funky property layouts
  3. Allowing tenants to set the rules rather than following yours
  4. Not following through with routine maintenance or tenant maintenance requests
  5. Letting your tenant screening practices slide

We’re sharing some of our personal experiences with these, as well as what we’ve learned along the way.

Is there something you’ve been wanting to ask or a topic you’d like us to cover in an upcoming episode? Send us an email and let us know!

Thanks for tuning in!

 

 

Resources:

]]> Mon, 29 Jan 2024 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/5-rental-property-no-nos-Rn20AT7l Have you ever gone to walk a potential rental property and thought to yourself ‘what a strange layout, where would someone even put a couch?’ or maybe you’ve pulled up to the property only to discover there is absolutely no place to park. This week on the podcast, we are covering the top 5 red flags we consider to be ‘no-nos’ when it comes to buying and operating your rental properties.

The 5 rental property no-no’s we’re deep-diving into are:

  1. Busy street/poor parking situation
  2. Funky property layouts
  3. Allowing tenants to set the rules rather than following yours
  4. Not following through with routine maintenance or tenant maintenance requests
  5. Letting your tenant screening practices slide

We’re sharing some of our personal experiences with these, as well as what we’ve learned along the way.

Is there something you’ve been wanting to ask or a topic you’d like us to cover in an upcoming episode? Send us an email and let us know!

Thanks for tuning in!

 

 

Resources:

]]> WIIRE 086: 5 Rental Property No No's Amelia McGee, Grace Gudenkauf 00:25:32 Have you ever gone to walk a potential rental property and thought to yourself ‘what a strange layout, where would someone even put a couch?’ or maybe you’ve pulled up to the property only to discover there is absolutely no place to park. This week on the podcast, we are covering the top 5 red flags we consider to be ‘no-nos’ when it comes to buying and operating your rental properties. Have you ever gone to walk a potential rental property and thought to yourself ‘what a strange layout, where would someone even put a couch?’ or maybe you’ve pulled up to the property only to discover there is absolutely no place to park. This week on the podcast, we are covering the top 5 red flags we consider to be ‘no-nos’ when it comes to buying and operating your rental properties. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 86 dfef6936-5b13-4abe-bc18-61f9ce184953 WIIRE 085: Increasing Airbnb Profits Through Interior Design with Tatianna Taylor-Tait Hello listeners! We are so excited to introduce you to the wickedly talented, Tatianna Taylor-Tait, a real estate investor and designer in Vancouver who owns and arbitrages 5 of her own units and co-hosts 6 additional units. With an incredible eye for design, Tatianna has designed over 100 properties and is the co-founder of the Level Up Your Listing Summit.

In this episode, Tatianna shares…

  • Some of her best design tips and tricks for rental spaces
  • How to keep your design timeless vs trendy
  • Why the property should be a reflection of who you are
  • Plus, the most common design mistakes she sees in short-term rental spaces

Tatianna is a genius when it comes to the psychology behind beautiful spaces. We hope you are ready because we dive into so many key design elements for short and midterm rentals (even some to help you stay on budget!) and we’re talking all about the importance of knowing exactly who your target audience is when designing your rental space.

You can find out more about Tatianna by checking out her website or following her on Instagram!

Grab your ticket to the Level Up Your Listing Summit and use the code WIIRE for 10% off your ticket!

We’ll see you next week!

 

 

 

Resources:

]]> Thu, 25 Jan 2024 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Tatianna Taylor-Tait) https://women-invest-in-real-estate.simplecast.com/episodes/increasing-airbnb-profits-through-interior-design-with-tatianna-taylor-tait-yXHqwc6t Hello listeners! We are so excited to introduce you to the wickedly talented, Tatianna Taylor-Tait, a real estate investor and designer in Vancouver who owns and arbitrages 5 of her own units and co-hosts 6 additional units. With an incredible eye for design, Tatianna has designed over 100 properties and is the co-founder of the Level Up Your Listing Summit.

In this episode, Tatianna shares…

  • Some of her best design tips and tricks for rental spaces
  • How to keep your design timeless vs trendy
  • Why the property should be a reflection of who you are
  • Plus, the most common design mistakes she sees in short-term rental spaces

Tatianna is a genius when it comes to the psychology behind beautiful spaces. We hope you are ready because we dive into so many key design elements for short and midterm rentals (even some to help you stay on budget!) and we’re talking all about the importance of knowing exactly who your target audience is when designing your rental space.

You can find out more about Tatianna by checking out her website or following her on Instagram!

Grab your ticket to the Level Up Your Listing Summit and use the code WIIRE for 10% off your ticket!

We’ll see you next week!

 

 

 

Resources:

]]> WIIRE 085: Increasing Airbnb Profits Through Interior Design with Tatianna Taylor-Tait Amelia McGee, Grace Gudenkauf, Tatianna Taylor-Tait 00:45:00 We are so excited to introduce you to the wickedly talented, Tatianna Taylor-Tait, a real estate investor and designer in Vancouver who owns and arbitrages 5 of her own units and co-hosts 6 additional units. With an incredible eye for design, Tatianna has designed over 100 properties and is the co-founder of the Level Up Your Listing Summit. We are so excited to introduce you to the wickedly talented, Tatianna Taylor-Tait, a real estate investor and designer in Vancouver who owns and arbitrages 5 of her own units and co-hosts 6 additional units. With an incredible eye for design, Tatianna has designed over 100 properties and is the co-founder of the Level Up Your Listing Summit. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 85 4e7fda54-47c8-4012-8e6a-deb9c3b14ef3 WIIRE 084: How To Get Started In Real Estate As A Beginner Hey there, friends. Getting started in real estate investing is the hardest part if you haven't already figured it out. It can be super fun to think about living the REI dream, but the reality is that breaking into the industry and simply getting your feet wet can be enough to make you pause, over and over again. This episode was designed to help you make realistic and positive steps towards launching your REI biz. If you are a newbie investor - this episode will be an excellent place to start!

We’re sharing with you our best steps for getting started (as a newbie!) in the real estate investing game. Plus we’re looking back on what we wished we would have done differently when we first started out.

We hope you enjoy!

 

 

Resources:

]]> Mon, 22 Jan 2024 07:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/how-to-get-started-in-real-estate-as-a-beginner-W_zjJkRc Hey there, friends. Getting started in real estate investing is the hardest part if you haven't already figured it out. It can be super fun to think about living the REI dream, but the reality is that breaking into the industry and simply getting your feet wet can be enough to make you pause, over and over again. This episode was designed to help you make realistic and positive steps towards launching your REI biz. If you are a newbie investor - this episode will be an excellent place to start!

We’re sharing with you our best steps for getting started (as a newbie!) in the real estate investing game. Plus we’re looking back on what we wished we would have done differently when we first started out.

We hope you enjoy!

 

 

Resources:

]]> WIIRE 084: How To Get Started In Real Estate As A Beginner Grace Gudenkauf, Amelia McGee 00:30:24 We’re sharing with you our best steps for getting started (as a newbie!) in the real estate investing game. Plus we’re looking back on what we wished we would have done differently when we first started out. We’re sharing with you our best steps for getting started (as a newbie!) in the real estate investing game. Plus we’re looking back on what we wished we would have done differently when we first started out. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 84 117a2b28-e8e2-482e-be72-1c9b8676854b WIIRE 083: Investing Using Private Money with Sarah King Hey there, friends! We hope you are ready to hear from another incredible female real estate investing powerhouse because, in this episode, we are joined by Sarah King. We first met Sarah at our Gatlinburg retreat, and we became quick friends.

In this episode, Sarah shares her expertise in raising and organizing private money, how you can get started, and tips for newer investors who are looking to scale.

Sarah is an investor in the Fort Wayne, Indiana market and started out as a Dave Ramsey follower who dug herself out of debt, then after a few bumpy years pivoted to investing in real estate and now has 16 doors that are all her own!

While navigating her way through the world of real estate investing and through the twists and turns of her personal life, Sarah has a very clear vision of where she wants to go.

She has built an empire and is now ready to build her family.

While most investors are hyped to make the leap and walk away from their w2, Sarah plans to keep hers. She truly enjoys it and can’t see herself walking away just yet.

If you want to connect with her, you can find her over on Instagram.

Until next week!

 

 

Resources:

]]> Thu, 18 Jan 2024 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Sarah King) https://women-invest-in-real-estate.simplecast.com/episodes/investing-using-private-money-with-sarah-king-IrDmzdgg Hey there, friends! We hope you are ready to hear from another incredible female real estate investing powerhouse because, in this episode, we are joined by Sarah King. We first met Sarah at our Gatlinburg retreat, and we became quick friends.

In this episode, Sarah shares her expertise in raising and organizing private money, how you can get started, and tips for newer investors who are looking to scale.

Sarah is an investor in the Fort Wayne, Indiana market and started out as a Dave Ramsey follower who dug herself out of debt, then after a few bumpy years pivoted to investing in real estate and now has 16 doors that are all her own!

While navigating her way through the world of real estate investing and through the twists and turns of her personal life, Sarah has a very clear vision of where she wants to go.

She has built an empire and is now ready to build her family.

While most investors are hyped to make the leap and walk away from their w2, Sarah plans to keep hers. She truly enjoys it and can’t see herself walking away just yet.

If you want to connect with her, you can find her over on Instagram.

Until next week!

 

 

Resources:

]]> WIIRE 083: Investing Using Private Money with Sarah King Amelia McGee, Grace Gudenkauf, Sarah King 00:42:13 We hope you are ready to hear from another incredible female real estate investing powerhouse because, in this episode, we are joined by Sarah King. We first met Sarah at our Gatlinburg retreat, and we became quick friends. In this episode, Sarah shares her expertise in raising and organizing private money, how you can get started, and tips for newer investors who are looking to scale. We hope you are ready to hear from another incredible female real estate investing powerhouse because, in this episode, we are joined by Sarah King. We first met Sarah at our Gatlinburg retreat, and we became quick friends. In this episode, Sarah shares her expertise in raising and organizing private money, how you can get started, and tips for newer investors who are looking to scale. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 83 08f04b48-6ce7-4ef2-b8b7-45fd87798bd0 WIIRE 082: Tech Tools to Add to Your Business in 2024 Hey there, listeners! We hope you are ready for our ultimate tech stack because in this podcast episode, we are sharing with you the tech stack that we use for WIIRE, in our personal businesses, and our best recommendations for getting started with adding these to your REI business. Let’s go!

 

The three tech areas we will be touching on are:

  • Project management
  • Property management
  • Overall business organizational tools
     

A few of the tech stack tools we chat about are:

But the biggest thing we want you to take away from this episode is to just get started now, so you aren’t digging yourself out of a hole later.

If you are overwhelmed with all of the options we outlined (and the others still out there), choose one thing that you feel would make the biggest difference in implementing in your business and start there. You can also head over to our Facebook group, connect with other female REI boss babes, and get advice on what has worked for them!

Thanks for tuning in, friends. We’ll see you in the next episode!

 

 

 

Resources:

]]> Mon, 15 Jan 2024 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/tech-tools-to-add-to-your-business-in-2024-AG_Q7H5T Hey there, listeners! We hope you are ready for our ultimate tech stack because in this podcast episode, we are sharing with you the tech stack that we use for WIIRE, in our personal businesses, and our best recommendations for getting started with adding these to your REI business. Let’s go!

 

The three tech areas we will be touching on are:

  • Project management
  • Property management
  • Overall business organizational tools
     

A few of the tech stack tools we chat about are:

But the biggest thing we want you to take away from this episode is to just get started now, so you aren’t digging yourself out of a hole later.

If you are overwhelmed with all of the options we outlined (and the others still out there), choose one thing that you feel would make the biggest difference in implementing in your business and start there. You can also head over to our Facebook group, connect with other female REI boss babes, and get advice on what has worked for them!

Thanks for tuning in, friends. We’ll see you in the next episode!

 

 

 

Resources:

]]> WIIRE 082: Tech Tools to Add to Your Business in 2024 Amelia McGee, Grace Gudenkauf 00:25:35 Hey there, listeners! We hope you are ready for our ultimate tech stack because in this podcast episode, we are sharing with you the tech stack that we use for WIIRE, in our personal businesses, and our best recommendations for getting started with adding these to your REI business. Let’s go! Hey there, listeners! We hope you are ready for our ultimate tech stack because in this podcast episode, we are sharing with you the tech stack that we use for WIIRE, in our personal businesses, and our best recommendations for getting started with adding these to your REI business. Let’s go! rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 82 0cf0aa01-7545-47ec-964d-60a42ba7ff19 WIIRE 080: Our 2024 Goals! Welcome back to another episode of the WIIRE podcast! In this episode, we are detailing our personal goals, professional goals, as well as our goals for WIIRE for 2024. In the past, we both have been terrible with goal setting and in 2024 we are hoping (and planning) to turn over a new leaf and this list will hold us accountable to those goals.

As always, we encourage you to write your goals down on paper and keep them where they are readily available to see every day, so you can stay on track! We would also love for you to share your goals with us in the 2024 Goals thread in our WIIRE Community Facebook group!

Our CEO Bootcamp is now enrolling and starts on January 22! This 8-week course will teach you all of the foundations we feel you need to step into the role of CEO for your REI business. We will be teaching…

  • How to systemize
  • What it looks like to work ON your business as a founder
  • Understanding financials and making decisions based on them
  • Transforming from being in the day-to-day ops to being the visionary and CEO
  • Writing SOPs, systems, and processes so you can automate and work less
  • Hiring and delegating
  • Getting organized
  • Paying yourself

This course is a MUST if you have already purchased a few properties and are ready to go to the next level! Grab your seat before we start!

Last, our upcoming retreat sold out to our waitlist in under 12 hours, never even going live to the public! What does that mean for you? It means that if you want a spot for our next retreat, taking place in Salt Lake City in September 2024, you must be on our waitlist so secure your spot now!

Thanks for tuning in, friends!

 

 

 

Resources:

]]> Mon, 8 Jan 2024 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/80-our-2024-goals-fNxkEpUJ Welcome back to another episode of the WIIRE podcast! In this episode, we are detailing our personal goals, professional goals, as well as our goals for WIIRE for 2024. In the past, we both have been terrible with goal setting and in 2024 we are hoping (and planning) to turn over a new leaf and this list will hold us accountable to those goals.

As always, we encourage you to write your goals down on paper and keep them where they are readily available to see every day, so you can stay on track! We would also love for you to share your goals with us in the 2024 Goals thread in our WIIRE Community Facebook group!

Our CEO Bootcamp is now enrolling and starts on January 22! This 8-week course will teach you all of the foundations we feel you need to step into the role of CEO for your REI business. We will be teaching…

  • How to systemize
  • What it looks like to work ON your business as a founder
  • Understanding financials and making decisions based on them
  • Transforming from being in the day-to-day ops to being the visionary and CEO
  • Writing SOPs, systems, and processes so you can automate and work less
  • Hiring and delegating
  • Getting organized
  • Paying yourself

This course is a MUST if you have already purchased a few properties and are ready to go to the next level! Grab your seat before we start!

Last, our upcoming retreat sold out to our waitlist in under 12 hours, never even going live to the public! What does that mean for you? It means that if you want a spot for our next retreat, taking place in Salt Lake City in September 2024, you must be on our waitlist so secure your spot now!

Thanks for tuning in, friends!

 

 

 

Resources:

]]> WIIRE 080: Our 2024 Goals! Amelia McGee, Grace Gudenkauf 00:31:48 Welcome back to another episode of the WIIRE podcast! In this episode, we are detailing our personal goals, professional goals, as well as our goals for WIIRE for 2024. In the past, we both have been terrible with goal setting and in 2024 we are hoping (and planning) to turn over a new leaf and this list will hold us accountable to those goals. Welcome back to another episode of the WIIRE podcast! In this episode, we are detailing our personal goals, professional goals, as well as our goals for WIIRE for 2024. In the past, we both have been terrible with goal setting and in 2024 we are hoping (and planning) to turn over a new leaf and this list will hold us accountable to those goals. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 80 9d6727f2-d148-4a66-93c9-d1e20bbb876b WIIRE 079: Get Your Financial $hit Together with Malia Gudenkauf Hello friends! Welcome back to our second episode in 2024! In this episode, we are excited to welcome Malia Gudenkauf, Grace’s sister and financial educator, also known as ‘Little Miss Finance’. Malia’s platform teaches women how to live their best financially literate life, and we adore her, not only because she is Grace’s sister but also because she has a wealth of excellent knowledge she openly shares.

Malia’s journey with personal finance started in 2018 at the University of Northern Iowa, where she had a job lined up with a Fortune 500 company after graduation. One day, it dawned on her that she really didn’t know anything about money except that you should be saving some. She began taking free classes on campus and reading as many books as she could get her hands on. She was fascinated by the topic but confused as to why she wasn’t learning or discussing it in any real-world conversations. She was consumed by it and decided it was her mission, snowballing from a side hustle to posting on social media platforms to coaching other young people. She now runs it as a full-time business, loving every second of it.

We are taking it back to basics and discussing how to get your personal financial house in order before you start investing. While this step is often overlooked, it is quite critical, and we’re examining why it’s important and how to do it.

If you’re stuck feeling like,

Where do I even start when it comes to finances?

…this episode is a fantastic place to start!

We talk about…

  • Building passive income streams, specifically as it relates to real estate investors
  • Malia and Grace’s financial understanding when it comes to their upbringing and, looking back now, their perspective on what it looks like to be ‘wealthy’
  • How their parents are a prime example of aligning spending with values

It’s so important to know your personal financial foundation before you scale, and this episode will help you do exactly that.

If you want to know more about what Malia’s up to, or get more info on working with her 1:1, you can reach out to her on Instagram or you can email her directly.

See you next week, friends!

 

 

 

Resources:

]]> Thu, 4 Jan 2024 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Malia Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/get-your-financial-hit-together-with-malia-gudenkauf-XYgYY9j4 Hello friends! Welcome back to our second episode in 2024! In this episode, we are excited to welcome Malia Gudenkauf, Grace’s sister and financial educator, also known as ‘Little Miss Finance’. Malia’s platform teaches women how to live their best financially literate life, and we adore her, not only because she is Grace’s sister but also because she has a wealth of excellent knowledge she openly shares.

Malia’s journey with personal finance started in 2018 at the University of Northern Iowa, where she had a job lined up with a Fortune 500 company after graduation. One day, it dawned on her that she really didn’t know anything about money except that you should be saving some. She began taking free classes on campus and reading as many books as she could get her hands on. She was fascinated by the topic but confused as to why she wasn’t learning or discussing it in any real-world conversations. She was consumed by it and decided it was her mission, snowballing from a side hustle to posting on social media platforms to coaching other young people. She now runs it as a full-time business, loving every second of it.

We are taking it back to basics and discussing how to get your personal financial house in order before you start investing. While this step is often overlooked, it is quite critical, and we’re examining why it’s important and how to do it.

If you’re stuck feeling like,

Where do I even start when it comes to finances?

…this episode is a fantastic place to start!

We talk about…

  • Building passive income streams, specifically as it relates to real estate investors
  • Malia and Grace’s financial understanding when it comes to their upbringing and, looking back now, their perspective on what it looks like to be ‘wealthy’
  • How their parents are a prime example of aligning spending with values

It’s so important to know your personal financial foundation before you scale, and this episode will help you do exactly that.

If you want to know more about what Malia’s up to, or get more info on working with her 1:1, you can reach out to her on Instagram or you can email her directly.

See you next week, friends!

 

 

 

Resources:

]]> WIIRE 079: Get Your Financial $hit Together with Malia Gudenkauf Amelia McGee, Grace Gudenkauf, Malia Gudenkauf 00:44:14 Welcome back to our second episode in 2024! In this episode, we are excited to welcome Malia Gudenkauf, Grace’s sister and financial educator, also known as ‘Little Miss Finance’. Malia’s platform teaches women how to live their best financially literate life, and we adore her, not only because she is Grace’s sister but also because she has a wealth of excellent knowledge she openly shares. Welcome back to our second episode in 2024! In this episode, we are excited to welcome Malia Gudenkauf, Grace’s sister and financial educator, also known as ‘Little Miss Finance’. Malia’s platform teaches women how to live their best financially literate life, and we adore her, not only because she is Grace’s sister but also because she has a wealth of excellent knowledge she openly shares. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 79 445e305e-2743-4bd7-9b4f-3916488cb83d WIIRE 078: Behind the Scenes: Year in Review It’s hard to believe we are welcoming you to the first episode of 2024! We hope you had a fantastic holiday season and cannot wait to dive into everything we have coming down the pipeline for WIIRE with you all!

This week on the podcast, we are doing a deep dive into 2023: our achievements, both individual and with WIIRE, and will also be sharing with you some of our wins and some (gasp) failures. Our word for the year 2023 was ELEVATE, and we absolutely delivered on that!

We encourage all of you to look back at your year. Write down your wins, what you could have done better, what you wished you spent more time on, and what you are proud of. Put it on paper, and be proud of what you’ve accomplished. Let the rest be a roadmap for where you are heading in 2024!

Share with us your goals for 2024 in our Facebook Group!

Thanks for tuning in this week, friends!

 

 

 

Resources:

]]> Tue, 2 Jan 2024 07:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/wiire-078-dFtVpU_f It’s hard to believe we are welcoming you to the first episode of 2024! We hope you had a fantastic holiday season and cannot wait to dive into everything we have coming down the pipeline for WIIRE with you all!

This week on the podcast, we are doing a deep dive into 2023: our achievements, both individual and with WIIRE, and will also be sharing with you some of our wins and some (gasp) failures. Our word for the year 2023 was ELEVATE, and we absolutely delivered on that!

We encourage all of you to look back at your year. Write down your wins, what you could have done better, what you wished you spent more time on, and what you are proud of. Put it on paper, and be proud of what you’ve accomplished. Let the rest be a roadmap for where you are heading in 2024!

Share with us your goals for 2024 in our Facebook Group!

Thanks for tuning in this week, friends!

 

 

 

Resources:

]]> WIIRE 078: Behind the Scenes: Year in Review Grace Gudenkauf, Amelia McGee 00:39:41 This week on the podcast, we are doing a deep dive into 2023: our achievements, both individually and with WIIRE, and will also be sharing with you some of our wins and some (gasp) failures. Our word for the year 2023 was ELEVATE, and we absolutely delivered on that! This week on the podcast, we are doing a deep dive into 2023: our achievements, both individually and with WIIRE, and will also be sharing with you some of our wins and some (gasp) failures. Our word for the year 2023 was ELEVATE, and we absolutely delivered on that! rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 78 ae756bc7-e787-41c5-997c-1a609256ff80 WIIRE 077: Streamline Your Property Management For The New Year Welcome back, friends! We are so glad you joined us on the podcast this week! In this episode, we are diving into streamlining your property management. This topic is truly near and dear to our hearts, so much so, that we’ve written a book about it!

If you haven’t already heard the exciting news, we are co-authoring a book for BiggerPockets called The Self-Managing Landlord! Inside, we’re teaching our strategy behind creating wealth and time abundance in your life through real estate investing. While the book won’t be available for purchase until April 2024, you can enter now to win a FREE COPY when it finally launches!

In this week's episode, we are teaching you why it is important to remember that you are a business, not just a landlord and that you can scale, adding systems and processes to your routine - while keeping things in-house and professional.

Having your systems and processes in place is essential to keeping the emotions out of your business. It helps you deal with issues that arise in a systematic way, protecting you from making emotional decisions while managing your time efficiently.

These are the three most important places you can typically streamline your REI business:

  1. Tenant screening
  2. Rental payments
  3. Maintenance requests

We’re also diving into the benefits of streamlining your property management and the first step you should take.

Bonus: download our free checklist for self-managed rental properties here.

Thanks for tuning in this week, friends!

 

Resources:

]]> Tue, 26 Dec 2023 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/wiire-077-streamline-your-property-management-for-the-new-year-iev2jqMo Welcome back, friends! We are so glad you joined us on the podcast this week! In this episode, we are diving into streamlining your property management. This topic is truly near and dear to our hearts, so much so, that we’ve written a book about it!

If you haven’t already heard the exciting news, we are co-authoring a book for BiggerPockets called The Self-Managing Landlord! Inside, we’re teaching our strategy behind creating wealth and time abundance in your life through real estate investing. While the book won’t be available for purchase until April 2024, you can enter now to win a FREE COPY when it finally launches!

In this week's episode, we are teaching you why it is important to remember that you are a business, not just a landlord and that you can scale, adding systems and processes to your routine - while keeping things in-house and professional.

Having your systems and processes in place is essential to keeping the emotions out of your business. It helps you deal with issues that arise in a systematic way, protecting you from making emotional decisions while managing your time efficiently.

These are the three most important places you can typically streamline your REI business:

  1. Tenant screening
  2. Rental payments
  3. Maintenance requests

We’re also diving into the benefits of streamlining your property management and the first step you should take.

Bonus: download our free checklist for self-managed rental properties here.

Thanks for tuning in this week, friends!

 

Resources:

]]> WIIRE 077: Streamline Your Property Management For The New Year Amelia McGee, Grace Gudenkauf 00:17:34 In this week's episode, we are teaching you why it is important to remember that you are a business, not just a landlord and that you can scale, adding systems and processes to your routine - while keeping things in-house and professional. In this week's episode, we are teaching you why it is important to remember that you are a business, not just a landlord and that you can scale, adding systems and processes to your routine - while keeping things in-house and professional. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 77 819d6829-eb68-4959-8ff1-a6900ad83750 WIIRE 076: Simplifying Real Estate Financial Management with Baselane Hello everyone, welcome back to the WIIRE podcast! This week on the podcast, we have Larissa Larcara and Saad Dar with us from Baseline. Baseline is a free platform that combines property management, banking, landlord insurance, and more all into one platform for you as a landlord. We’re excited to dig into everything that Baselane can offer and why it’s important for you.

Saad’s background is in accounting, finance, management, and strategy consulting. He is also passionate about helping others with financial education and financial management. He has been a real estate investor for about 5 years now with 20 units, a mix of short and long-term rental properties. Since joining Baselane he now leads the business development team with partnerships and content.

Larissa’s dad has 35+ years experience as a mortgage broker. She followed in his footsteps in financial technology during the 2020 re-fi purchase boom, but soon thereafter began to empathize with the struggles investors were facing when seeking loan approval. This led her to Baselane, simply because there is such a lack of support and organization for investors to manage effectively. Larissa now leads the customer success team to help customers streamline their processes, taking back control of their businesses so they can scale.

Baselanes mission is to help real estate investors save time and money while offering organizations a focus on running the business rather than simply managing it.

During this episode, we talk about…

  • What Baselane offers for REI owners and businesses, and why it’s important
  • How they help you run your rental properties like a business
  • How Baselane can give you your time back
  • What financial piece of mind looks like from Baselane
  • Larissa and Saad also share some exciting news about features coming down the pipeline for Baseline users!

Plus, we’re sharing 5 things an investor should look for in a business bank account. You won’t want to miss this interview!

Baselane is very open to hearing (and implementing) what their customers need. You can reach their team directly at: success@baselane.com. Baselane ensures that every customer feels supported throughout their process and would love to hop on a call to help understand your business, and onboard you successfully so you can take back control of your business.

Thanks for tuning in, friends!

 

Resources:

]]> Mon, 18 Dec 2023 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Larissa Larcara, Baselane, Saad Dar) https://women-invest-in-real-estate.simplecast.com/episodes/wiire-076-simplifying-real-estate-financial-management-with-baselane-zhms0zkn Hello everyone, welcome back to the WIIRE podcast! This week on the podcast, we have Larissa Larcara and Saad Dar with us from Baseline. Baseline is a free platform that combines property management, banking, landlord insurance, and more all into one platform for you as a landlord. We’re excited to dig into everything that Baselane can offer and why it’s important for you.

Saad’s background is in accounting, finance, management, and strategy consulting. He is also passionate about helping others with financial education and financial management. He has been a real estate investor for about 5 years now with 20 units, a mix of short and long-term rental properties. Since joining Baselane he now leads the business development team with partnerships and content.

Larissa’s dad has 35+ years experience as a mortgage broker. She followed in his footsteps in financial technology during the 2020 re-fi purchase boom, but soon thereafter began to empathize with the struggles investors were facing when seeking loan approval. This led her to Baselane, simply because there is such a lack of support and organization for investors to manage effectively. Larissa now leads the customer success team to help customers streamline their processes, taking back control of their businesses so they can scale.

Baselanes mission is to help real estate investors save time and money while offering organizations a focus on running the business rather than simply managing it.

During this episode, we talk about…

  • What Baselane offers for REI owners and businesses, and why it’s important
  • How they help you run your rental properties like a business
  • How Baselane can give you your time back
  • What financial piece of mind looks like from Baselane
  • Larissa and Saad also share some exciting news about features coming down the pipeline for Baseline users!

Plus, we’re sharing 5 things an investor should look for in a business bank account. You won’t want to miss this interview!

Baselane is very open to hearing (and implementing) what their customers need. You can reach their team directly at: success@baselane.com. Baselane ensures that every customer feels supported throughout their process and would love to hop on a call to help understand your business, and onboard you successfully so you can take back control of your business.

Thanks for tuning in, friends!

 

Resources:

]]> WIIRE 076: Simplifying Real Estate Financial Management with Baselane Amelia McGee, Grace Gudenkauf, Larissa Larcara, Baselane, Saad Dar 00:33:48 This week on the WIIRE podcast, we have Larissa Larcara and Saad Dar with us from Baseline. Baseline is a free platform that combines property management, banking, landlord insurance, and more all into one platform for you as a landlord. We’re excited to dig into everything that Baselane can offer and why it’s important for you. This week on the WIIRE podcast, we have Larissa Larcara and Saad Dar with us from Baseline. Baseline is a free platform that combines property management, banking, landlord insurance, and more all into one platform for you as a landlord. We’re excited to dig into everything that Baselane can offer and why it’s important for you. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 76 f4761239-a306-440c-afea-046c875f3190 WIIRE 075: 3 Legal Tips for Real Estate Investors with Bonnie Galam Hey there, friends! We are so excited to introduce you to our friend, Bonnie Galam, on this week’s episode. As an attorney, Bonnie not only owns her own law firm but is a real estate investor herself, which gives her a comprehensive understanding of both perspectives. Known for her ability to transform dull legal jargon into engaging and relatable content, Bonnie is adept at bridging the gap between the legal and practical aspects of real estate.

The three legal tips we will be breaking down in this episode are…

  1. Your legal strategy needs to be more than an LLC
  2. Remember that ‘bulletproof’ doesn’t exist
  3. Don’t wait until you have X number of properties before you start thinking about the legal stuff

We are so fortunate to have Bonnie sharing her expertise from the unique viewpoint of both an attorney and an investor to really share with our listeners a good approach to legal strategy and how to know when (and how) to advocate for your business.

If you want to see what Bonnie’s up to, you can follow her on Instagram or visit her website to connect with her about working together!

See you next week.

 

 

Resources:

]]> Mon, 11 Dec 2023 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Bonnie Galam) https://women-invest-in-real-estate.simplecast.com/episodes/wiire-075-3-legal-tips-for-real-estate-investors-with-bonnie-galam-gC81WTwe Hey there, friends! We are so excited to introduce you to our friend, Bonnie Galam, on this week’s episode. As an attorney, Bonnie not only owns her own law firm but is a real estate investor herself, which gives her a comprehensive understanding of both perspectives. Known for her ability to transform dull legal jargon into engaging and relatable content, Bonnie is adept at bridging the gap between the legal and practical aspects of real estate.

The three legal tips we will be breaking down in this episode are…

  1. Your legal strategy needs to be more than an LLC
  2. Remember that ‘bulletproof’ doesn’t exist
  3. Don’t wait until you have X number of properties before you start thinking about the legal stuff

We are so fortunate to have Bonnie sharing her expertise from the unique viewpoint of both an attorney and an investor to really share with our listeners a good approach to legal strategy and how to know when (and how) to advocate for your business.

If you want to see what Bonnie’s up to, you can follow her on Instagram or visit her website to connect with her about working together!

See you next week.

 

 

Resources:

]]> WIIRE 075: 3 Legal Tips for Real Estate Investors with Bonnie Galam Amelia McGee, Grace Gudenkauf, Bonnie Galam 00:29:53 Hey there, friends! We are so excited to introduce you to our friend, Bonnie Galam, on this week’s episode. As an attorney, Bonnie not only owns her own law firm but is a real estate investor herself, which gives her a comprehensive understanding of both perspectives. Known for her ability to transform dull legal jargon into engaging and relatable content, Bonnie is adept at bridging the gap between the legal and practical aspects of real estate. Hey there, friends! We are so excited to introduce you to our friend, Bonnie Galam, on this week’s episode. As an attorney, Bonnie not only owns her own law firm but is a real estate investor herself, which gives her a comprehensive understanding of both perspectives. Known for her ability to transform dull legal jargon into engaging and relatable content, Bonnie is adept at bridging the gap between the legal and practical aspects of real estate. rental property, passive income, real estate, corporate housing, real estate legal tips, fix and flip, cash flow, property management, rei, attorney, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, lawyer, investment property financing, real estate investor, women invest in real estate, real estate lawyer, real estate legal advice, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, real estate attorney, investment, return on investment, rental property management, multi-family property true full 75 1956f760-3132-426f-8920-52ddc384cd13 WIIRE 074: Organize Your Business for 2024 Hi everyone, welcome back to another podcast episode! Can you believe we are already into December? We certainly feel like 2023 has flown by and are so excited to wrap up the year with a bang and see what exciting 2024 has in store for us at WIIRE!

Ready to make 2024 your year of monumental growth? Join us for a game-changing free webinar: 5 Systems and Processes to SCALE on January 7th and 11th, 2024. Discover the keys to focus, flow, increased profits, and FUN in your real estate investing journey. Secure your seat now – let's scale together!

This week on the podcast, we‘re sharing our best tips for organizing your business and preparing for 2024! Organization is something we all have struggled with, especially when you are first starting any business. There are so many systems and tools to choose from, and knowing what will and won’t work for your REI business will only come through experience. In this episode, we are breaking down these major areas where we personally needed the most help, what we get asked most by investors first starting out, and by those who are looking to grow their business but keep hitting pause because they don’t know how first to get their back-end systems and processes organized.

We’ll be chatting about…

  1. Creating your own ‘Playbook’
  2. Choosing a Property Management Software
  3. Optimizing your Google Drive
  4. Getting your financials in order with Baselane

That’s all we have for you this week, friends. With 2023 coming to a close, we want to hear from YOU so email us, or send us a DM, and share with us what either your favorite episode was OR your favorite topic that we covered in 2023!

See you next week, friends!

 

 

Resources:

]]> Mon, 4 Dec 2023 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/wiire-74-organize-your-business-for-2024-xPAjc1_U Hi everyone, welcome back to another podcast episode! Can you believe we are already into December? We certainly feel like 2023 has flown by and are so excited to wrap up the year with a bang and see what exciting 2024 has in store for us at WIIRE!

Ready to make 2024 your year of monumental growth? Join us for a game-changing free webinar: 5 Systems and Processes to SCALE on January 7th and 11th, 2024. Discover the keys to focus, flow, increased profits, and FUN in your real estate investing journey. Secure your seat now – let's scale together!

This week on the podcast, we‘re sharing our best tips for organizing your business and preparing for 2024! Organization is something we all have struggled with, especially when you are first starting any business. There are so many systems and tools to choose from, and knowing what will and won’t work for your REI business will only come through experience. In this episode, we are breaking down these major areas where we personally needed the most help, what we get asked most by investors first starting out, and by those who are looking to grow their business but keep hitting pause because they don’t know how first to get their back-end systems and processes organized.

We’ll be chatting about…

  1. Creating your own ‘Playbook’
  2. Choosing a Property Management Software
  3. Optimizing your Google Drive
  4. Getting your financials in order with Baselane

That’s all we have for you this week, friends. With 2023 coming to a close, we want to hear from YOU so email us, or send us a DM, and share with us what either your favorite episode was OR your favorite topic that we covered in 2023!

See you next week, friends!

 

 

Resources:

]]> WIIRE 074: Organize Your Business for 2024 Amelia McGee, Grace Gudenkauf 00:30:27 This week on the podcast, we‘re sharing our best tips for organizing your business and preparing for 2024! Organization is something we all have struggled with, especially when you are first starting any business. There are so many systems and tools to choose from, and knowing what will and won’t work for your REI business will only come through experience. In this episode, we are breaking down these major areas where we personally needed the most help, what we get asked most by investors first starting out, and by those who are looking to grow their business but keep hitting pause because they don’t know how first to get their back-end systems and processes organized. This week on the podcast, we‘re sharing our best tips for organizing your business and preparing for 2024! Organization is something we all have struggled with, especially when you are first starting any business. There are so many systems and tools to choose from, and knowing what will and won’t work for your REI business will only come through experience. In this episode, we are breaking down these major areas where we personally needed the most help, what we get asked most by investors first starting out, and by those who are looking to grow their business but keep hitting pause because they don’t know how first to get their back-end systems and processes organized. rental property, passive income, real estate, wiire, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, organize, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, prepare, midterm rental market, brrrr, roi, investment strategies, 2024, wiire retreat, rental property investor, travel housing, #businessorganized, new year, wirre community, scaling your portfolio, income properties, #reisuccess, women investors, investment, return on investment, rental property management, multi-family property true full 74 626d4d09-bfd0-4e8d-b1f5-7e2dbf61e67c WIIRE 073: Best Real Estate Tax Savings Tips $$$ Hello WIIRE friends! This week on the podcast, we are sharing our very best real estate tax savings tips to hopefully help save you as much money as possible. With year-end approaching quickly one of the first things we need to think about jumping into the new year is taxes. With growing your business comes more tax questions and responsibilities and we want to make sure you are using a forward-thinking tax strategy to start the new year off right.

We are not CPAs or tax attorneys, so be sure to consult with a tax professional for highly-specific questions.

Our friend Danielle Rutigliano still has a few new client spots left for our WIIRE members, so if you have not taken the opportunity to reach out to her and hear her expertise on real estate tax strategy, what are you waiting for? Make sure to mention that WIIRE sent you. We use Danielle for our WIIRE business and in our own businesses and cannot say enough good things about her services.

Some of the tips on our list are straightforward and others are more complicated and as your portfolio grows, you should know all of the options in front of you. On our list of hot tax tips are:

  1. 1031 Exchange
  2. Die (morbid, but real life) while owning your properties
  3. Sell your primary residence of 2 years tax-free
  4. Cost segregation
  5. Seller financing
  6. Hold properties for more than a year
  7. Realize appreciation by borrowing, not selling

Make sure you are planning ahead and prepared by consulting with a tax professional to keep your real estate investing biz growing and thriving. These are some amazing tips we have learned on our journey and hope they help you to continue to grow your real estate investing business!

We will talk to you next week!


 


 

Resources:

]]> Mon, 27 Nov 2023 07:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/wiire-073-best-real-estate-tax-savings-tips-aY8YnMHH Hello WIIRE friends! This week on the podcast, we are sharing our very best real estate tax savings tips to hopefully help save you as much money as possible. With year-end approaching quickly one of the first things we need to think about jumping into the new year is taxes. With growing your business comes more tax questions and responsibilities and we want to make sure you are using a forward-thinking tax strategy to start the new year off right.

We are not CPAs or tax attorneys, so be sure to consult with a tax professional for highly-specific questions.

Our friend Danielle Rutigliano still has a few new client spots left for our WIIRE members, so if you have not taken the opportunity to reach out to her and hear her expertise on real estate tax strategy, what are you waiting for? Make sure to mention that WIIRE sent you. We use Danielle for our WIIRE business and in our own businesses and cannot say enough good things about her services.

Some of the tips on our list are straightforward and others are more complicated and as your portfolio grows, you should know all of the options in front of you. On our list of hot tax tips are:

  1. 1031 Exchange
  2. Die (morbid, but real life) while owning your properties
  3. Sell your primary residence of 2 years tax-free
  4. Cost segregation
  5. Seller financing
  6. Hold properties for more than a year
  7. Realize appreciation by borrowing, not selling

Make sure you are planning ahead and prepared by consulting with a tax professional to keep your real estate investing biz growing and thriving. These are some amazing tips we have learned on our journey and hope they help you to continue to grow your real estate investing business!

We will talk to you next week!


 


 

Resources:

]]> WIIRE 073: Best Real Estate Tax Savings Tips $$$ Grace Gudenkauf, Amelia McGee 00:22:49 This week on the podcast, we are sharing our very best real estate tax savings tips to hopefully help save you as much money as possible. With year-end approaching quickly one of the first things we need to think about jumping into the new year is taxes. With growing your business comes more tax questions and responsibilities and we want to make sure you are using a forward-thinking tax strategy to start the new year off right. This week on the podcast, we are sharing our very best real estate tax savings tips to hopefully help save you as much money as possible. With year-end approaching quickly one of the first things we need to think about jumping into the new year is taxes. With growing your business comes more tax questions and responsibilities and we want to make sure you are using a forward-thinking tax strategy to start the new year off right. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 73 786a9f3f-60ac-4e04-8909-26ed800ceb91 WIIRE 072: Exit Strategies: Selling, Renting, Refinancing Hello everyone, we hope you had a fantastic weekend and are ready to learn about exit strategies in the world of rest estate investing. We will be breaking down the following four exit strategies so you can determine which suits your needs best:

  1. Selling your investment property
  2. Buy and hold, or, long-term investing
  3. Refinancing
  4. Rent to own

But first, our friend, and WIIRE community member, Danielle Rutigliano is taking on a few select clients for the upcoming tax season, and you could be one of them. If you want to work with a bookkeeper who knows REI tax strategy front and back, Danielle is definitely someone you should connect with.

While we know there are so many exit strategies we chose these specifically because they are what we have the most experience with and what we discuss most frequently on the podcast.

Do you have more questions about one of the exit strategies we discussed in this episode, or have another strategy you’d like us to cover in an upcoming episode? DM us on Instagram and let us know!

Until next week, take care, friends!

 

 

Resources:

]]> Mon, 20 Nov 2023 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/exit-strategies-selling-renting-refinancing-r3_74V91 Hello everyone, we hope you had a fantastic weekend and are ready to learn about exit strategies in the world of rest estate investing. We will be breaking down the following four exit strategies so you can determine which suits your needs best:

  1. Selling your investment property
  2. Buy and hold, or, long-term investing
  3. Refinancing
  4. Rent to own

But first, our friend, and WIIRE community member, Danielle Rutigliano is taking on a few select clients for the upcoming tax season, and you could be one of them. If you want to work with a bookkeeper who knows REI tax strategy front and back, Danielle is definitely someone you should connect with.

While we know there are so many exit strategies we chose these specifically because they are what we have the most experience with and what we discuss most frequently on the podcast.

Do you have more questions about one of the exit strategies we discussed in this episode, or have another strategy you’d like us to cover in an upcoming episode? DM us on Instagram and let us know!

Until next week, take care, friends!

 

 

Resources:

]]> WIIRE 072: Exit Strategies: Selling, Renting, Refinancing Amelia McGee, Grace Gudenkauf 00:24:41 In this podcast episode, we will be talking about exit strategies in the world of rest estate investing. We will be breaking down the following four exit strategies so you can determine which suits your needs best: 1. Selling your investment property 2. Buy and hold, or, long-term investing 3. Refinancing 4. Rent to own In this podcast episode, we will be talking about exit strategies in the world of rest estate investing. We will be breaking down the following four exit strategies so you can determine which suits your needs best: 1. Selling your investment property 2. Buy and hold, or, long-term investing 3. Refinancing 4. Rent to own rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, exit strategy, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 72 4b85162a-408a-47f8-8862-369a2c7fba32 WIIRE 071: Building Your Investor Community Hi friends, we are so excited to have you join us for another episode! This week, we are sharing our 6 best tips for building your investor community. We will be talking about the advantages of being a part of an investor community, how you’ll gain access to knowledge and expertise from real-time investors, discussing partnership opportunities that can arise from being part of a community, and how you can even receive (and offer) emotional support and motivation from like-minded investors.

But first, if you haven’t already, we would LOVE it if you could take 1-2 minutes and leave us a quick review about the show to help others not only find the WIIRE podcast but tune in and grow our reach. All you have to do is open the WIIRE podcast on whichever platform you stream from (typically Apple Podcasts or Spotify), scroll down to ‘Ratings & Reviews’, and click ‘Write a Review’. Drop in a few sentences with what you love most about the show and submit! Let’s grow this tribe together!

Second, we are so excited to share that the waitlist for our 2024 Phoenix WIIRE Retreat is now LIVE and you can be the first to grab your seat by getting your name on the list NOW! Our retreats fill up super quickly and while we do our best to add as many spaces as possible we love being able to keep the retreat cozy and intimate so make sure your name is on that list to get access to tickets when they become available.

Finally, let’s dive into ways you can build your investor community. The 6 specific ways we will be sharing with you on how you can expand your investor network are great places to start whether you are a brand new investor or have been growing your portfolio for years.

  1. Join us at a WIIRE retreat!
  2. Attend a BiggerPockets Conference
  3. Jump into our free Facebook group
  4. Join local investor Facebook groups
  5. Check out a local REI meet-up
  6. Visit a local co-working space

That’s all for this week. Thank you so much for tuning in, friends. We are so grateful for each of you!

Take care, friends!

 

 

Resources:

]]> Mon, 13 Nov 2023 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/building-your-investor-community-aJyOMk2Q Hi friends, we are so excited to have you join us for another episode! This week, we are sharing our 6 best tips for building your investor community. We will be talking about the advantages of being a part of an investor community, how you’ll gain access to knowledge and expertise from real-time investors, discussing partnership opportunities that can arise from being part of a community, and how you can even receive (and offer) emotional support and motivation from like-minded investors.

But first, if you haven’t already, we would LOVE it if you could take 1-2 minutes and leave us a quick review about the show to help others not only find the WIIRE podcast but tune in and grow our reach. All you have to do is open the WIIRE podcast on whichever platform you stream from (typically Apple Podcasts or Spotify), scroll down to ‘Ratings & Reviews’, and click ‘Write a Review’. Drop in a few sentences with what you love most about the show and submit! Let’s grow this tribe together!

Second, we are so excited to share that the waitlist for our 2024 Phoenix WIIRE Retreat is now LIVE and you can be the first to grab your seat by getting your name on the list NOW! Our retreats fill up super quickly and while we do our best to add as many spaces as possible we love being able to keep the retreat cozy and intimate so make sure your name is on that list to get access to tickets when they become available.

Finally, let’s dive into ways you can build your investor community. The 6 specific ways we will be sharing with you on how you can expand your investor network are great places to start whether you are a brand new investor or have been growing your portfolio for years.

  1. Join us at a WIIRE retreat!
  2. Attend a BiggerPockets Conference
  3. Jump into our free Facebook group
  4. Join local investor Facebook groups
  5. Check out a local REI meet-up
  6. Visit a local co-working space

That’s all for this week. Thank you so much for tuning in, friends. We are so grateful for each of you!

Take care, friends!

 

 

Resources:

]]> WIIRE 071: Building Your Investor Community Amelia McGee, Grace Gudenkauf 00:20:23 This week, we are sharing our 6 best tips for building your investor community. We will be talking about the advantages of being a part of an investor community, how you’ll gain access to knowledge and expertise from real-time investors, discussing partnership opportunities that can arise from being part of a community, and how you can even receive (and offer) emotional support and motivation from like-minded investors. This week, we are sharing our 6 best tips for building your investor community. We will be talking about the advantages of being a part of an investor community, how you’ll gain access to knowledge and expertise from real-time investors, discussing partnership opportunities that can arise from being part of a community, and how you can even receive (and offer) emotional support and motivation from like-minded investors. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 71 3201ddb3-19c7-4fca-97b9-2b304b9b7236 WIIRE 070: 6 Rehab Tips for Real Estate Hi friends! Welcome back to another podcast episode. In this week’s episode, we are sharing our 6 best tips for rehabbing in real estate. Whether you have flipped a dozen or more houses, or are looking to tackle your first rehab project, this episode is packed with strategies to make sure your project, and budget, stay on track.

The 6 tips we are digging into are:

  1. Beginner-friendly rehab budgeting tips and tricks
  2. Add a 10-20% buffer to your timeline and budget
  3. Get good quotes from contractors (and get multiple!)
  4. Don’t be afraid to ask your current contractors for more referrals
  5. Consider subbing out some rehab project work
  6. Best practices for paying your contractors

Do you have an idea for a topic you’d like to hear on the podcast? Let us know! Email us directly or connect with us on Instagram! We love hearing what YOU want to hear more of on the podcast.

Until next week, friends!

 

 

Resources:

]]> Mon, 6 Nov 2023 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/6-rehab-tips-for-real-estate-NIOWQNcv Hi friends! Welcome back to another podcast episode. In this week’s episode, we are sharing our 6 best tips for rehabbing in real estate. Whether you have flipped a dozen or more houses, or are looking to tackle your first rehab project, this episode is packed with strategies to make sure your project, and budget, stay on track.

The 6 tips we are digging into are:

  1. Beginner-friendly rehab budgeting tips and tricks
  2. Add a 10-20% buffer to your timeline and budget
  3. Get good quotes from contractors (and get multiple!)
  4. Don’t be afraid to ask your current contractors for more referrals
  5. Consider subbing out some rehab project work
  6. Best practices for paying your contractors

Do you have an idea for a topic you’d like to hear on the podcast? Let us know! Email us directly or connect with us on Instagram! We love hearing what YOU want to hear more of on the podcast.

Until next week, friends!

 

 

Resources:

]]> WIIRE 070: 6 Rehab Tips for Real Estate Amelia McGee, Grace Gudenkauf 00:22:22 Hi friends! Welcome back to another podcast episode. In this week’s episode, we are sharing our 6 best tips for rehabbing in real estate. Whether you have flipped a dozen or more houses, or are looking to tackle your first rehab project, this episode is packed with strategies to make sure your project, and budget, stay on track. Hi friends! Welcome back to another podcast episode. In this week’s episode, we are sharing our 6 best tips for rehabbing in real estate. Whether you have flipped a dozen or more houses, or are looking to tackle your first rehab project, this episode is packed with strategies to make sure your project, and budget, stay on track. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, rehab tips, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, rehab, wiire retreat, rental property investor, travel housing, rehab property, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 70 bfda8f03-7c04-4ef9-b636-dff06adc652c WIIRE 069: BTS: Launching an STR, Hiring an Employee, and Writing a Book Hi friends! We are so excited to have you join us for this week’s episode because not only are we sharing a peek behind-the-scenes at something crazy exciting that is coming down the pipeline for WIIRE, but we are also sharing some BIG projects we are working on individually as well.

We haven’t done a behind-the-scenes episode in quite a while, so we have a lot of updates that we are sharing with you in this episode and you won’t want to miss any of the details we’re spilling.

One of the most exciting things we are sharing is that we are co-authoring a book for BiggerPockets called The Self-Managing Landlord! Inside, we’re teaching our strategy behind creating wealth and time abundance in your life through real estate investing. 

Another exciting detail we are excited to announce is that we are officially in the planning stages of our 2024 retreats! We will be hosting two retreats in 2024 and if you want to be the first to know the deets on the when and where before registration even opens, make sure you get on the waitlist now!

If you’re a fan of our behind-the-scenes episodes drop us a DM on Instagram and let us know what you’d like us to dive deeper on in an upcoming episode!

Until next week, take care!

 

Resources:

]]> Mon, 30 Oct 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/wiire-069-bts-launching-an-str-hiring-an-employee-and-writing-a-book-with-amelia-grace-iN8MPtnB Hi friends! We are so excited to have you join us for this week’s episode because not only are we sharing a peek behind-the-scenes at something crazy exciting that is coming down the pipeline for WIIRE, but we are also sharing some BIG projects we are working on individually as well.

We haven’t done a behind-the-scenes episode in quite a while, so we have a lot of updates that we are sharing with you in this episode and you won’t want to miss any of the details we’re spilling.

One of the most exciting things we are sharing is that we are co-authoring a book for BiggerPockets called The Self-Managing Landlord! Inside, we’re teaching our strategy behind creating wealth and time abundance in your life through real estate investing. 

Another exciting detail we are excited to announce is that we are officially in the planning stages of our 2024 retreats! We will be hosting two retreats in 2024 and if you want to be the first to know the deets on the when and where before registration even opens, make sure you get on the waitlist now!

If you’re a fan of our behind-the-scenes episodes drop us a DM on Instagram and let us know what you’d like us to dive deeper on in an upcoming episode!

Until next week, take care!

 

Resources:

]]> WIIRE 069: BTS: Launching an STR, Hiring an Employee, and Writing a Book Grace Gudenkauf, Amelia McGee 00:27:17 We are so excited to have you join us for this week’s episode because not only are we sharing a peek behind-the-scenes at something crazy exciting that is coming down the pipeline for WIIRE, but we are also sharing some BIG projects we are working on individually as well. We haven’t done a behind-the-scenes episode in quite a while, so we have a lot of updates that we are sharing with you in this episode and you won’t want to miss any of the details we’re spilling. We are so excited to have you join us for this week’s episode because not only are we sharing a peek behind-the-scenes at something crazy exciting that is coming down the pipeline for WIIRE, but we are also sharing some BIG projects we are working on individually as well. We haven’t done a behind-the-scenes episode in quite a while, so we have a lot of updates that we are sharing with you in this episode and you won’t want to miss any of the details we’re spilling. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, str, property management, rei, short term rental, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, tiny house, real estate investor, small town, women invest in real estate, midterm rental market, brrrr, win a copy, roi, investment strategies, wiire retreat, rental property investor, travel housing, book launch, wirre community, scaling your portfolio, income properties, women investors, container housing, bigger pockets, investment, return on investment, rental property management, multi-family property true full 69 f0e9e436-1f6f-4387-8303-368c038aa92b WIIRE 068: It's Never Too Late To Start with Virginia Wall Bubar Hey friends! This week, we are excited to welcome our friend (and MTR student success story) Virginia Wall Bubar to the show! Virginia is a member of our Facebook Community and one of our student success stories from our MTR course.

Virginia currently lives in the Atlanta area with her husband (a pastor) and their three children, whom Virginia homeschools. In 2014, they bought a house with the intention to flip part of it and turn it into a rental space and while they may have taken their time to get it rented, they did what worked for them, and that has definitely worked in their favor. The one unique challenge that Virginia and her family have when it comes to buying real estate is buying properties on only one income, but they are excellent at making it happen.

Virginia’s first memory of the rental property space came from her childhood when she thinks back to the time her family lived in the Bay Area and wanted to move to Florida so her parents were preparing the rental property they had in CA for sale. They were talking about how much of a headache being landlords had become and Virginia found her curiosity piqued; why were they buying another house then? Why were they so specific in the cities they were looking at living in once they moved to Florida? Her curiosity carried into adulthood and she knew this would be a space she could make a living in.

A few takeaways from Virginia:

  • Decide what you want and go for it
  • Figure out what your hesitation is and try to attack it
  • Don’t live in fear; move past it
  • Be willing to make mistakes, learn from them, and keep going

If you want to see what’s next for Virginia, head on over and follow her on Instagram!

That’s all for this week. We’ll see you next time, friends!

 

 

 

Resources:

]]> Mon, 23 Oct 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Virginia Wall Bubar, Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/wiire-068-its-never-too-late-to-start-with-virginia-wall-bubar-Udwuk07j Hey friends! This week, we are excited to welcome our friend (and MTR student success story) Virginia Wall Bubar to the show! Virginia is a member of our Facebook Community and one of our student success stories from our MTR course.

Virginia currently lives in the Atlanta area with her husband (a pastor) and their three children, whom Virginia homeschools. In 2014, they bought a house with the intention to flip part of it and turn it into a rental space and while they may have taken their time to get it rented, they did what worked for them, and that has definitely worked in their favor. The one unique challenge that Virginia and her family have when it comes to buying real estate is buying properties on only one income, but they are excellent at making it happen.

Virginia’s first memory of the rental property space came from her childhood when she thinks back to the time her family lived in the Bay Area and wanted to move to Florida so her parents were preparing the rental property they had in CA for sale. They were talking about how much of a headache being landlords had become and Virginia found her curiosity piqued; why were they buying another house then? Why were they so specific in the cities they were looking at living in once they moved to Florida? Her curiosity carried into adulthood and she knew this would be a space she could make a living in.

A few takeaways from Virginia:

  • Decide what you want and go for it
  • Figure out what your hesitation is and try to attack it
  • Don’t live in fear; move past it
  • Be willing to make mistakes, learn from them, and keep going

If you want to see what’s next for Virginia, head on over and follow her on Instagram!

That’s all for this week. We’ll see you next time, friends!

 

 

 

Resources:

]]> WIIRE 068: It's Never Too Late To Start with Virginia Wall Bubar Virginia Wall Bubar, Grace Gudenkauf, Amelia McGee 00:26:24 This week, we are excited to welcome our friend (and MTR student success story) Virginia Wall Bubar to the show! Virginia is a member of our Facebook Community and one of our student success stories from our MTR course. This week, we are excited to welcome our friend (and MTR student success story) Virginia Wall Bubar to the show! Virginia is a member of our Facebook Community and one of our student success stories from our MTR course. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 68 6467e69d-ae8a-4a3a-a428-6e8f7161f12c WIIRE 067: 6 Ways to Fund Your Rental Property Hello friends! This week on the show, we are sharing our 6 favorite ways to finance your next rental property. While this episode is packed full of juicy details on how you can creatively finance your next deal, it is also intended to help you put into perspective that just because you don’t know it all doesn’t mean you can’t still get started.

But first, we’re looking for a little help from each of you, our amazing listeners… We’re asking you to take 2 minutes and drop us some love wherever you listen to your podcasts, whether it’s on Apple Podcasts or Spotify, to help more listeners just like you tune in every week.

The 6 financing methods we deep dive into in this episode are:

  1. Conventional Loans
  2. Program Loans
  3. DSCR Loans
  4. Hard Money
  5. Private Money
  6. Creative Financing

Here are a few episodes we recommend listening to as a resource to help you better understand some of the financing options we discuss in this episode:

If you haven’t already, register for our FREE Midterm Rental Webinar happening on Thursday, October 12 at 7:30pm Central where we’re teaching how to launch your MTR in 30 days or less! You won’t want to miss this training!

Lastly, we want to hear from YOU! DM us on Instagram to share your favorite financing method for your investment properties and why it works for you.

Catch you next week, friends!

 

 

 

Resources:

]]> Mon, 16 Oct 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/wiire-067-6-ways-to-fund-your-rental-property-5w_wOKY3 Hello friends! This week on the show, we are sharing our 6 favorite ways to finance your next rental property. While this episode is packed full of juicy details on how you can creatively finance your next deal, it is also intended to help you put into perspective that just because you don’t know it all doesn’t mean you can’t still get started.

But first, we’re looking for a little help from each of you, our amazing listeners… We’re asking you to take 2 minutes and drop us some love wherever you listen to your podcasts, whether it’s on Apple Podcasts or Spotify, to help more listeners just like you tune in every week.

The 6 financing methods we deep dive into in this episode are:

  1. Conventional Loans
  2. Program Loans
  3. DSCR Loans
  4. Hard Money
  5. Private Money
  6. Creative Financing

Here are a few episodes we recommend listening to as a resource to help you better understand some of the financing options we discuss in this episode:

If you haven’t already, register for our FREE Midterm Rental Webinar happening on Thursday, October 12 at 7:30pm Central where we’re teaching how to launch your MTR in 30 days or less! You won’t want to miss this training!

Lastly, we want to hear from YOU! DM us on Instagram to share your favorite financing method for your investment properties and why it works for you.

Catch you next week, friends!

 

 

 

Resources:

]]> WIIRE 067: 6 Ways to Fund Your Rental Property Amelia McGee, Grace Gudenkauf 00:29:58 This week on the show, we are sharing our 6 favorite ways to finance your next rental property. While this episode is packed full of juicy details on how you can creatively finance your next deal, it is also intended to help you put into perspective that just because you don’t know it all doesn’t mean you can’t still get started. This week on the show, we are sharing our 6 favorite ways to finance your next rental property. While this episode is packed full of juicy details on how you can creatively finance your next deal, it is also intended to help you put into perspective that just because you don’t know it all doesn’t mean you can’t still get started. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, hard money, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, dscr loans, women invest in real estate, midterm rental market, brrrr, program loans, roi, investment strategies, conventional loans, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, financing, investment, return on investment, rental property management, multi-family property true full 67 aa5ec712-a826-4f72-9558-ac05712b4782 WIIRE 66. Building a 20-Unit Apartment Complex with Ashley Gallacher Hello everyone, welcome back to another episode of the podcast. This week we are joined by the inspiring Ashley Gallacher. Ashley joined us for one of our first WIIRE episodes and we are thrilled to have her join us again to share all the deets on a massive project she has been working on over the past few years. We are so excited to hear all about this project and have her share it with you and it’s a great reminder that no REI dream is too big!

Ashley recently finished her first construction project, a 20-unit apartment building, that she built from the ground up (what?!?)! This multi-family development project houses 16 midterm (furnished) rental units and 4 long-term (unfurnished) rental units. She has learned so much about herself and exactly what she is capable of and is sharing all of that with you in this episode, so get ready to feel *inspired*!

A few pieces of advice Ashley shares in this episode are:

  • Learn how to be patient
  • Educate yourself as much as possible
  • Know that you don’t need to know everything
  • Be a forever learner

Until next time!

 

 

 

Resources:

]]> Mon, 9 Oct 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee, Ashley Gallacher) https://women-invest-in-real-estate.simplecast.com/episodes/66-building-a-20-unit-apartment-complex-with-ashley-gallacher-BwHYo42n Hello everyone, welcome back to another episode of the podcast. This week we are joined by the inspiring Ashley Gallacher. Ashley joined us for one of our first WIIRE episodes and we are thrilled to have her join us again to share all the deets on a massive project she has been working on over the past few years. We are so excited to hear all about this project and have her share it with you and it’s a great reminder that no REI dream is too big!

Ashley recently finished her first construction project, a 20-unit apartment building, that she built from the ground up (what?!?)! This multi-family development project houses 16 midterm (furnished) rental units and 4 long-term (unfurnished) rental units. She has learned so much about herself and exactly what she is capable of and is sharing all of that with you in this episode, so get ready to feel *inspired*!

A few pieces of advice Ashley shares in this episode are:

  • Learn how to be patient
  • Educate yourself as much as possible
  • Know that you don’t need to know everything
  • Be a forever learner

Until next time!

 

 

 

Resources:

]]> WIIRE 66. Building a 20-Unit Apartment Complex with Ashley Gallacher Grace Gudenkauf, Amelia McGee, Ashley Gallacher 00:28:33 Hello everyone, welcome back to another episode of the podcast. This week we are joined by the inspiring Ashley Gallacher. Ashley joined us for one of our first WIIRE episodes and we are thrilled to have her join us again to share all the deets on a massive project she has been working on over the past few years. We are so excited to hear all about this project and have her share it with you and it’s a great reminder that no REI dream is too big! Hello everyone, welcome back to another episode of the podcast. This week we are joined by the inspiring Ashley Gallacher. Ashley joined us for one of our first WIIRE episodes and we are thrilled to have her join us again to share all the deets on a massive project she has been working on over the past few years. We are so excited to hear all about this project and have her share it with you and it’s a great reminder that no REI dream is too big! rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 66 edd63739-2588-4d7d-a89f-d0555b5c29da WIIRE 065: Maximizing Property Profits: 3 Cash Flow Boosting Strategies Hello everyone, welcome back to another WIIRE podcast episode! This week we’re sharing our three best tips for increasing cash flow on your REI properties. These tips are applicable whether you are a newbie investor or you have a full portfolio. Let’s get started!

The three cash flow boosting tips we are digging into in this episode are:

  1. Adding amenities
  2. Adapting your rental strategy
  3. Self-managing your rentals

Share with us what cash flow boosting strategies you’ve implemented with us over on Instagram so we can share your successes and brag on you a bit!

Until next week, friends!

 

 

 

Resources:

]]> Mon, 2 Oct 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/wiire-065-maximizing-property-profits-3-cash-flow-boosting-strategies-_AtK5x4V Hello everyone, welcome back to another WIIRE podcast episode! This week we’re sharing our three best tips for increasing cash flow on your REI properties. These tips are applicable whether you are a newbie investor or you have a full portfolio. Let’s get started!

The three cash flow boosting tips we are digging into in this episode are:

  1. Adding amenities
  2. Adapting your rental strategy
  3. Self-managing your rentals

Share with us what cash flow boosting strategies you’ve implemented with us over on Instagram so we can share your successes and brag on you a bit!

Until next week, friends!

 

 

 

Resources:

]]> WIIRE 065: Maximizing Property Profits: 3 Cash Flow Boosting Strategies Grace Gudenkauf, Amelia McGee 00:30:22 Hello everyone, welcome back to another WIIRE podcast episode! This week we’re sharing our three best tips for increasing cash flow on your REI properties. These tips are applicable whether you are a newbie investor or you have a full portfolio. Let’s get started! Hello everyone, welcome back to another WIIRE podcast episode! This week we’re sharing our three best tips for increasing cash flow on your REI properties. These tips are applicable whether you are a newbie investor or you have a full portfolio. Let’s get started! rental property, cash flow boosting, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 65 d0adf198-bda6-4cce-8679-002b15151832 WIIRE 064: Converting Your Primary Home to A Midterm Rental with Katie Newman Hello everyone! This week on the podcast we are excited to welcome Katie Newman. We are so excited for her to share her story with you all about how she turned her primary residence into a booked-out MTR property! She is sharing her best tips on getting started and since she spent many years as a nurse herself she, knows exactly what travel nurses look for in a rental property.

We met Katie at our retreat in Gatlinburg, where she was looking to connect with other like-minded female investors, ready to step outside of their comfort zone and into the world of real estate investing, specifically in midterm rentals. Katie spent several years in the Navy and as a nurse and knows exactly what nurses are looking for in a cozy rental space and is so open about her inspiring and relatable journey - we know you will love her story.

Katie says,

“If I’m going to make a giant leap here, I have to make a giant leap elsewhere too.”

One last tip Katie shares with us in this episode is to simply have the courage to take one single action step, every day.

You can find out more about what Katie is up to and connect with her over on Instagram.

See you next week, friends!

 

 

 

Resources:

]]> Mon, 25 Sep 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Katie Newman, Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/64-converting-your-primary-home-to-a-midterm-rental-with-katie-newman-uIemIvow Hello everyone! This week on the podcast we are excited to welcome Katie Newman. We are so excited for her to share her story with you all about how she turned her primary residence into a booked-out MTR property! She is sharing her best tips on getting started and since she spent many years as a nurse herself she, knows exactly what travel nurses look for in a rental property.

We met Katie at our retreat in Gatlinburg, where she was looking to connect with other like-minded female investors, ready to step outside of their comfort zone and into the world of real estate investing, specifically in midterm rentals. Katie spent several years in the Navy and as a nurse and knows exactly what nurses are looking for in a cozy rental space and is so open about her inspiring and relatable journey - we know you will love her story.

Katie says,

“If I’m going to make a giant leap here, I have to make a giant leap elsewhere too.”

One last tip Katie shares with us in this episode is to simply have the courage to take one single action step, every day.

You can find out more about what Katie is up to and connect with her over on Instagram.

See you next week, friends!

 

 

 

Resources:

]]> WIIRE 064: Converting Your Primary Home to A Midterm Rental with Katie Newman Katie Newman, Grace Gudenkauf, Amelia McGee 00:32:20 This week on the podcast we are excited to welcome Katie Newman. We are so excited for her to share her story with you all about how she turned her primary residence into a booked-out MTR property! She is sharing her best tips on getting started and since she spent many years as a nurse herself she, knows exactly what travel nurses look for in a rental property. This week on the podcast we are excited to welcome Katie Newman. We are so excited for her to share her story with you all about how she turned her primary residence into a booked-out MTR property! She is sharing her best tips on getting started and since she spent many years as a nurse herself she, knows exactly what travel nurses look for in a rental property. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 64 ea3ed1ed-9ce8-4ea2-9134-6b03baaa7659 WIIRE 063: Managing Midterm Rental Guest Experiences Hello everyone, thanks for tuning in this week! In last week’s episode we chatted about managing MTR turnovers and this week we are going to be talking about managing MTR guest experiences. Ensuring that each of your guests has a great experience is key to keeping your MTR property fully booked out.

In this WIIRE episode, you’ll be hearing how to make your guest experience positive from the time they send their initial inquiry until they leave you a raving review after move-out!

Some of our best tips we’ll be diving into include:

  • Why you must be quick to respond to inquiries
  • How to mitigate questions in your MTR listing
  • Ways to make the barrier to entry low
  • What you should do just before, during, and just after, a new tenant moves in
  • Items you can provide to guests to make them feel welcome and answer questions before they ask
  • How to prepare your guests for move-out and why you should ask for that review!

One of the biggest takeaways from this episode is to look at your property listing from the POV of someone who is looking to rent their first MTR property. Ask yourself: ‘What kind of questions will I have?’ and ‘Do the photos or descriptions provide ALL of those answers?’

We would love to hear how you provide your MTR guests top-notch experiences. Please DM us on Instagram and share with us how you make your MTR property stand out.

Take care, friends!

 

 

 

Resources:

]]> Mon, 18 Sep 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/63-managing-midterm-rental-guest-experiences-with-amelia-grace-I7lxcnaq Hello everyone, thanks for tuning in this week! In last week’s episode we chatted about managing MTR turnovers and this week we are going to be talking about managing MTR guest experiences. Ensuring that each of your guests has a great experience is key to keeping your MTR property fully booked out.

In this WIIRE episode, you’ll be hearing how to make your guest experience positive from the time they send their initial inquiry until they leave you a raving review after move-out!

Some of our best tips we’ll be diving into include:

  • Why you must be quick to respond to inquiries
  • How to mitigate questions in your MTR listing
  • Ways to make the barrier to entry low
  • What you should do just before, during, and just after, a new tenant moves in
  • Items you can provide to guests to make them feel welcome and answer questions before they ask
  • How to prepare your guests for move-out and why you should ask for that review!

One of the biggest takeaways from this episode is to look at your property listing from the POV of someone who is looking to rent their first MTR property. Ask yourself: ‘What kind of questions will I have?’ and ‘Do the photos or descriptions provide ALL of those answers?’

We would love to hear how you provide your MTR guests top-notch experiences. Please DM us on Instagram and share with us how you make your MTR property stand out.

Take care, friends!

 

 

 

Resources:

]]> WIIRE 063: Managing Midterm Rental Guest Experiences Grace Gudenkauf, Amelia McGee 00:24:37 In last week’s episode we chatted about managing MTR turnovers and this week we are going to be talking about managing MTR guest experiences. Ensuring that each of your guests has a great experience is key to keeping your MTR property fully booked out. In this episode, you’ll be hearing how to make your guest experience positive from the time they send their initial inquiry until they leave you a raving review after move-out! In last week’s episode we chatted about managing MTR turnovers and this week we are going to be talking about managing MTR guest experiences. Ensuring that each of your guests has a great experience is key to keeping your MTR property fully booked out. In this episode, you’ll be hearing how to make your guest experience positive from the time they send their initial inquiry until they leave you a raving review after move-out! rental property, passive income, real estate, guest experiences, corporate housing, fix and flip, cash flow, midterm rental guest experiences, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, midterm rental guest expectations, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 63 43af28a3-a5d4-426c-a37f-02377100c21f WIIRE 062: Managing Midterm Rental Turnovers Hello everyone. This week we’re sharing with you our best tips for managing midterm rental turnovers. We will be covering exactly how we know a turnover is coming up, our favorite ways to keep tabs on the turnover process, and some of the things we’ve learned to do better when managing our MTR turnovers.

Hospitable is our favorite resource for all of the must-do’s we capture in this episode. We set up alerts to go to both ourselves as well as our cleaner to notify each of us of an upcoming move-out and it contains a detailed list of reminders of ‘what needs to be done’ upon tenant move-out.

While this particular topic may not seem all that interesting, remember that you can lose a lot of money on turnovers if they’re not done right. This can be the case whether you have a property manager or cleaner handle the move-out process for you, or if you take it on yourself, so make sure your process for midterm rental tenant move-outs is spick-and-span so no stone is left unturned.

What are some things you include in your move-out process, or what have you added to your process, that you hadn’t thought of before? DM us on Instagram and let us know!

Until next week, take care friends!

 

 

 

Resources:

]]> Mon, 11 Sep 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/62-managing-midterm-rental-turnovers-with-amelia-grace-Atumvh8b Hello everyone. This week we’re sharing with you our best tips for managing midterm rental turnovers. We will be covering exactly how we know a turnover is coming up, our favorite ways to keep tabs on the turnover process, and some of the things we’ve learned to do better when managing our MTR turnovers.

Hospitable is our favorite resource for all of the must-do’s we capture in this episode. We set up alerts to go to both ourselves as well as our cleaner to notify each of us of an upcoming move-out and it contains a detailed list of reminders of ‘what needs to be done’ upon tenant move-out.

While this particular topic may not seem all that interesting, remember that you can lose a lot of money on turnovers if they’re not done right. This can be the case whether you have a property manager or cleaner handle the move-out process for you, or if you take it on yourself, so make sure your process for midterm rental tenant move-outs is spick-and-span so no stone is left unturned.

What are some things you include in your move-out process, or what have you added to your process, that you hadn’t thought of before? DM us on Instagram and let us know!

Until next week, take care friends!

 

 

 

Resources:

]]> WIIRE 062: Managing Midterm Rental Turnovers Grace Gudenkauf, Amelia McGee 00:21:37 Hello everyone. This week we’re sharing with you our best tips for managing midterm rental turnovers. We will be covering exactly how we know a turnover is coming up, our favorite ways to keep tabs on the turnover process, and some of the things we’ve learned to do better when managing our MTR turnovers. Hello everyone. This week we’re sharing with you our best tips for managing midterm rental turnovers. We will be covering exactly how we know a turnover is coming up, our favorite ways to keep tabs on the turnover process, and some of the things we’ve learned to do better when managing our MTR turnovers. rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, turnover, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, midterm rental turnover, wirre community, scaling your portfolio, income properties, women investors, investment, rental turnover, return on investment, rental property management, multi-family property true full 62 e2ce106c-d0cb-4482-bd5a-4300ce79b517 WIIRE 061: Out of State Investing with Soli Cayetano Hello friends! This week we are excited to welcome Soli Cayetano to the podcast and hear her share her expertise with all things out-of-state investing. We’re chatting about how she got started in out-of-state investing, how she strategically chose her markets, and also sharing some exciting information on the Out of State Investing Summit, happening September 20-21!

Around the age of 22, Soli decided she wanted to start investing in real estate but she quickly realized that real estate prices around her in the Bay area (California) were simply too high for her to be comfortable investing with. So she quickly did her research and began looking out of state for investment opportunities, and eventually landed on several amazing markets that she currently invests in: Cincinnati, Ohio, Augusta, GA, and Aiken, SC…all of which are 2,500+ miles away from her!

Something we talk about a lot on the podcast is how not doing the things that aren’t in your zone of genius yourself, can be great opportunities to outsource, or partner, with someone who thrives on doing those things. That is exactly what Soli does. She relies on partnerships for things such as construction and boots-on-the-ground project management, so she can focus on the things she thrives doing, such as raising capital for deals, working on investor relations, and asset management for her company.

“I think you learn a lot from failures; way more so than you do from successes.”

Soli is an incredible entrepreneur and has amazing insight on out-of-state investing and is SO excited to share it with all of her followers (you included!) at her free Out of State Investing Summit (make sure to select Grace Gudenkauf when you register!).

Some of the guest speakers you’ll be hearing from are:

  • Sarah Weaver
  • Zasha Smith
  • Pace Morby
  • Tarek El Moussa

Make sure to grab your tickets for the Summit happening September 20-21, 2023, and head over to Instagram to see what else Soli has coming down the pipeline.

That’s all for this week. Take care, friends!

 

 

Resources:

]]> Mon, 4 Sep 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Soli Cayetano) https://women-invest-in-real-estate.simplecast.com/episodes/61-out-of-state-investing-with-soli-cayetano-tuKRRwrl Hello friends! This week we are excited to welcome Soli Cayetano to the podcast and hear her share her expertise with all things out-of-state investing. We’re chatting about how she got started in out-of-state investing, how she strategically chose her markets, and also sharing some exciting information on the Out of State Investing Summit, happening September 20-21!

Around the age of 22, Soli decided she wanted to start investing in real estate but she quickly realized that real estate prices around her in the Bay area (California) were simply too high for her to be comfortable investing with. So she quickly did her research and began looking out of state for investment opportunities, and eventually landed on several amazing markets that she currently invests in: Cincinnati, Ohio, Augusta, GA, and Aiken, SC…all of which are 2,500+ miles away from her!

Something we talk about a lot on the podcast is how not doing the things that aren’t in your zone of genius yourself, can be great opportunities to outsource, or partner, with someone who thrives on doing those things. That is exactly what Soli does. She relies on partnerships for things such as construction and boots-on-the-ground project management, so she can focus on the things she thrives doing, such as raising capital for deals, working on investor relations, and asset management for her company.

“I think you learn a lot from failures; way more so than you do from successes.”

Soli is an incredible entrepreneur and has amazing insight on out-of-state investing and is SO excited to share it with all of her followers (you included!) at her free Out of State Investing Summit (make sure to select Grace Gudenkauf when you register!).

Some of the guest speakers you’ll be hearing from are:

  • Sarah Weaver
  • Zasha Smith
  • Pace Morby
  • Tarek El Moussa

Make sure to grab your tickets for the Summit happening September 20-21, 2023, and head over to Instagram to see what else Soli has coming down the pipeline.

That’s all for this week. Take care, friends!

 

 

Resources:

]]> WIIRE 061: Out of State Investing with Soli Cayetano Amelia McGee, Grace Gudenkauf, Soli Cayetano 00:30:48 Hello friends! This week we are excited to welcome Soli Cayetano to the podcast and hear her share her expertise with all things out-of-state investing. We’re chatting about how she got started in out-of-state investing, how she strategically chose her markets, and also sharing some exciting information on the Out of State Investing Summit, happening September 20-21! Hello friends! This week we are excited to welcome Soli Cayetano to the podcast and hear her share her expertise with all things out-of-state investing. We’re chatting about how she got started in out-of-state investing, how she strategically chose her markets, and also sharing some exciting information on the Out of State Investing Summit, happening September 20-21! rental property, passive income, real estate, corporate housing, fix and flip, cash flow, property management, rei, travel nurse housing, creative financing, real estate investing, furnished rentals, multi-family, midterm rentals, temporary housing solutions, investment property financing, real estate investor, women invest in real estate, midterm rental market, brrrr, roi, investment strategies, wiire retreat, rental property investor, travel housing, wirre community, scaling your portfolio, income properties, women investors, investment, return on investment, rental property management, multi-family property true full 61 82b1f140-2e87-4be1-aa46-4e69a1983a5c WIIRE 060: How to Find & Use Private Money in Real Estate with Amelia & Grace Hello everyone, welcome back to another WIIRE episode. In this week’s podcast episode, we are taking a deep dive into securing private money for real estate deals. We will be detailing exactly what it means to use private money for a deal, examining an equity partnership vs. private money, chatting about the risks and rewards, and sharing a few of our own real-life examples.

In short, private money is a loan, and typically, when people think about partnering there are two ways: private money and equity partnerships.
 

5 Steps to Securing Private Money

  1. Build your credibility with your lenders
  2. Find potential lenders
  3. Pitch your deal
  4. Secure the documents
  5. Paying back your private money lender
     

A few of our favorite things about using private money are:

  • You can make your own rules when it comes to qualifying a lender or buyer
  • They are quicker with little/less paperwork
  • It usually comes from someone you are acquainted with (friend, family member, etc.) but not from a company
  • It is a direct loan to you and your business from another person, not an institution
  • It is a unique way of helping someone else grow their wealth, while you grow yours

 

Some of the risks we like to point out when it comes to using private money are:

  • Some private money lenders charge points (1% of the loan)
  • As the lender, don’t receive any tax benefits
  • You need to be mindful of the entire process because you are using someone else’s money, and you should take better care of their money than you would your own

 

Our inbox is packed full of questions about private money lending, so we hope this will give you some great insight into getting started and using private money in the best way to propel your business forward.

That’s all we have for you this week. Take care, friends!

 

 

 

Resources:

]]> Mon, 28 Aug 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/60-how-to-find-use-private-money-in-real-estate-with-amelia-grace-GXYfB_9r Hello everyone, welcome back to another WIIRE episode. In this week’s podcast episode, we are taking a deep dive into securing private money for real estate deals. We will be detailing exactly what it means to use private money for a deal, examining an equity partnership vs. private money, chatting about the risks and rewards, and sharing a few of our own real-life examples.

In short, private money is a loan, and typically, when people think about partnering there are two ways: private money and equity partnerships.
 

5 Steps to Securing Private Money

  1. Build your credibility with your lenders
  2. Find potential lenders
  3. Pitch your deal
  4. Secure the documents
  5. Paying back your private money lender
     

A few of our favorite things about using private money are:

  • You can make your own rules when it comes to qualifying a lender or buyer
  • They are quicker with little/less paperwork
  • It usually comes from someone you are acquainted with (friend, family member, etc.) but not from a company
  • It is a direct loan to you and your business from another person, not an institution
  • It is a unique way of helping someone else grow their wealth, while you grow yours

 

Some of the risks we like to point out when it comes to using private money are:

  • Some private money lenders charge points (1% of the loan)
  • As the lender, don’t receive any tax benefits
  • You need to be mindful of the entire process because you are using someone else’s money, and you should take better care of their money than you would your own

 

Our inbox is packed full of questions about private money lending, so we hope this will give you some great insight into getting started and using private money in the best way to propel your business forward.

That’s all we have for you this week. Take care, friends!

 

 

 

Resources:

]]> WIIRE 060: How to Find & Use Private Money in Real Estate with Amelia & Grace Grace Gudenkauf, Amelia McGee 00:38:27 In this week’s podcast episode, we are taking a deep dive into securing private money for real estate deals. We will be detailing exactly what it means to use private money for a deal, examining an equity partnership vs. private money, chatting about the risks and rewards, and sharing a few of our own real-life examples. In this week’s podcast episode, we are taking a deep dive into securing private money for real estate deals. We will be detailing exactly what it means to use private money for a deal, examining an equity partnership vs. private money, chatting about the risks and rewards, and sharing a few of our own real-life examples. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 60 f8b896b3-67c6-45a8-b092-db5cdf23d6a4 WIIRE 059: Growing Your Team for Maximum Success with Jae Morales Hello everyone, welcome back to the WIIRE podcast! This week is the final episode in our three-part mini-series featuring Jae Morales. In this episode, we are diving into growing your team. We will be touching on things such as who your first hire should be and where to find those people. Let’s get started!
 

A quick recap on Jae and her biz…

Jae is an REI investor who joined us at our Charlotte retreat, and loves to focus her energy on helping others work on their business, instead of in their business and is a boss at all things SOPs.

Listen to the first two episodes of the mini-series:

What we talk about in this episode:

  • When you should start growing your team
  • Who you should have on your team right away (if you don’t already)
  • How to find people that fit your needs
     

These tips on growing your team are applicable whether you are just getting ready to hire your first position, or have a seasoned team and looking to grow it.

Have a question you’d like to ask or a topic you’d like to hear us talk about on an upcoming podcast episode? DM us on Instagram and let us know!

Thank you for tuning in. Until next week, take care friends!

 

 

 

Resources:

]]> Mon, 21 Aug 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee, Jae Morales) https://women-invest-in-real-estate.simplecast.com/episodes/59-growing-your-team-for-maximum-success-with-jae-morales-iLXeB7nC Hello everyone, welcome back to the WIIRE podcast! This week is the final episode in our three-part mini-series featuring Jae Morales. In this episode, we are diving into growing your team. We will be touching on things such as who your first hire should be and where to find those people. Let’s get started!
 

A quick recap on Jae and her biz…

Jae is an REI investor who joined us at our Charlotte retreat, and loves to focus her energy on helping others work on their business, instead of in their business and is a boss at all things SOPs.

Listen to the first two episodes of the mini-series:

What we talk about in this episode:

  • When you should start growing your team
  • Who you should have on your team right away (if you don’t already)
  • How to find people that fit your needs
     

These tips on growing your team are applicable whether you are just getting ready to hire your first position, or have a seasoned team and looking to grow it.

Have a question you’d like to ask or a topic you’d like to hear us talk about on an upcoming podcast episode? DM us on Instagram and let us know!

Thank you for tuning in. Until next week, take care friends!

 

 

 

Resources:

]]> WIIRE 059: Growing Your Team for Maximum Success with Jae Morales Grace Gudenkauf, Amelia McGee, Jae Morales 00:26:40 Hello everyone, welcome back to the podcast! This week is the final episode in our three-part mini-series featuring Jae Morales. In this episode, we are diving into growing your team. We will be touching on things such as who your first hire should be and where to find those people. Let’s get started! Hello everyone, welcome back to the podcast! This week is the final episode in our three-part mini-series featuring Jae Morales. In this episode, we are diving into growing your team. We will be touching on things such as who your first hire should be and where to find those people. Let’s get started! rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 59 450f9b9d-63a2-435c-a261-86680b3c9f90 WIIRE 058: Elevate Your Business: 3 Essential CEO Activities with Jae Morales Welcome back to episode two of our three-part mini-series with Jae Morales. In this episode, we’re sharing 3 CEO activities you should be doing every month for your business to keep things running smoothly and make sure you set yourself up for success. 
 

A quick recap on Jae and her biz…

Jae is an REI investor who joined us at our Charlotte retreat, and loves to focus her energy on helping others work on their business, instead of in their business and is a boss at all things SOPs.

If you haven’t already, make sure to listen to our first sit-down with Jae in episode 57.

 

3 CEO Activities You Should Be Doing Every Month

  1. Review your monthly financial reports
  2. Conduct performance and quality reviews (for yourself + any employees or contractors)
  3. Goal setting + future planning


Oftentimes, we see people forget to treat their rest estate investing business like a legitimate business and this is super important to do even if you only have a single property in your portfolio.

See what Jae is up to now by following her over on Instagram and make sure to tune in next week for the final episode in this three-part mini-series!

Take care, friends!

 

 

 

Resources:

]]> Mon, 14 Aug 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Jae Morales, Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/58-elevate-your-business-3-essential-ceo-activities-with-jae-morales-X3OaWfm7 Welcome back to episode two of our three-part mini-series with Jae Morales. In this episode, we’re sharing 3 CEO activities you should be doing every month for your business to keep things running smoothly and make sure you set yourself up for success. 
 

A quick recap on Jae and her biz…

Jae is an REI investor who joined us at our Charlotte retreat, and loves to focus her energy on helping others work on their business, instead of in their business and is a boss at all things SOPs.

If you haven’t already, make sure to listen to our first sit-down with Jae in episode 57.

 

3 CEO Activities You Should Be Doing Every Month

  1. Review your monthly financial reports
  2. Conduct performance and quality reviews (for yourself + any employees or contractors)
  3. Goal setting + future planning


Oftentimes, we see people forget to treat their rest estate investing business like a legitimate business and this is super important to do even if you only have a single property in your portfolio.

See what Jae is up to now by following her over on Instagram and make sure to tune in next week for the final episode in this three-part mini-series!

Take care, friends!

 

 

 

Resources:

]]> WIIRE 058: Elevate Your Business: 3 Essential CEO Activities with Jae Morales Jae Morales, Grace Gudenkauf, Amelia McGee 00:37:02 Welcome back to episode two of our three-part WIIRE mini-series with Jae Morales. In this episode, we’re sharing 3 CEO activities you should be doing every month for your business to keep things running smoothly and make sure you set yourself up for success. Welcome back to episode two of our three-part WIIRE mini-series with Jae Morales. In this episode, we’re sharing 3 CEO activities you should be doing every month for your business to keep things running smoothly and make sure you set yourself up for success. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 58 94954cae-d6cb-4911-926f-71cce171b2d0 WIIRE 057: Unlocking Success: How SOPs Fuel Business Growth with Jae Morales Hello friends, welcome back to another episode of the podcast! This week we are so excited to share part one of our three-part miniseries, featuring Jae Morales. Jae is an REI investor who recently joined us at our Charlotte retreat, and loves to focus her energy on helping others work on their business, instead of in their business and is a boss at all things SOPs.

Jae and her husband are creative financing investors specializing in rent-to-own properties in their local area of Philadelphia, PA, and other areas in Pennsylvania. After they purchased their first investment property they decided they needed more money to work with and discovered the magic of creative financing. But what Jae really loves is working on the back end of the business and building out strategic SOPs that help propel her business forward.

What is an SOP & what does it do for a business?
SOP, short for Standard Operating Procedure(s), is a step-by-step guide on how to do either a process or task consistently, the same way, so nothing is missed. Having SOPs in place especially helps when you finally decide you are ready to hire someone to make sure everything is done the correct way (the way you would do it yourself), with checkpoints along the way, that help to keep things consistent throughout the business.

Before she became an investor, Jae was a real estate paralegal. She and her husband started working in REI during Covid and when their jobs told them it was time to come back into the office they made the pivot to working in real estate full-time.

SOPs are her bread and butter and truly helped them to scale their business super quickly, but Jae actually has 3 businesses: wholesaling, SOP coaching, and self-managing their own investment properties.

Jae firmly believes that having SOPs helps you treat wholesaling like a business.

If you want to connect with Jae you can follow or DM her on Instagram.

Make sure you tune in next week for part two of the miniseries. Until then, take care friends!

 

 

Resources:

]]> Mon, 7 Aug 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Jae Morales, Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/57-unlocking-success-how-sops-fuel-business-growth-with-jae-morales-jB8vldxu Hello friends, welcome back to another episode of the podcast! This week we are so excited to share part one of our three-part miniseries, featuring Jae Morales. Jae is an REI investor who recently joined us at our Charlotte retreat, and loves to focus her energy on helping others work on their business, instead of in their business and is a boss at all things SOPs.

Jae and her husband are creative financing investors specializing in rent-to-own properties in their local area of Philadelphia, PA, and other areas in Pennsylvania. After they purchased their first investment property they decided they needed more money to work with and discovered the magic of creative financing. But what Jae really loves is working on the back end of the business and building out strategic SOPs that help propel her business forward.

What is an SOP & what does it do for a business?
SOP, short for Standard Operating Procedure(s), is a step-by-step guide on how to do either a process or task consistently, the same way, so nothing is missed. Having SOPs in place especially helps when you finally decide you are ready to hire someone to make sure everything is done the correct way (the way you would do it yourself), with checkpoints along the way, that help to keep things consistent throughout the business.

Before she became an investor, Jae was a real estate paralegal. She and her husband started working in REI during Covid and when their jobs told them it was time to come back into the office they made the pivot to working in real estate full-time.

SOPs are her bread and butter and truly helped them to scale their business super quickly, but Jae actually has 3 businesses: wholesaling, SOP coaching, and self-managing their own investment properties.

Jae firmly believes that having SOPs helps you treat wholesaling like a business.

If you want to connect with Jae you can follow or DM her on Instagram.

Make sure you tune in next week for part two of the miniseries. Until then, take care friends!

 

 

Resources:

]]> WIIRE 057: Unlocking Success: How SOPs Fuel Business Growth with Jae Morales Jae Morales, Amelia McGee, Grace Gudenkauf 00:26:06 Hello friends, welcome back to another episode of the WIIRE podcast! This week we are so excited to share part one of our three-part miniseries, featuring Jae Morales. Jae is an REI investor who recently joined us at our Charlotte retreat, and loves to focus her energy on helping others work on their business, instead of in their business and is a boss at all things SOPs. Hello friends, welcome back to another episode of the WIIRE podcast! This week we are so excited to share part one of our three-part miniseries, featuring Jae Morales. Jae is an REI investor who recently joined us at our Charlotte retreat, and loves to focus her energy on helping others work on their business, instead of in their business and is a boss at all things SOPs. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 57 4e019216-358c-4f1a-a145-487d1292d8b9 WIIRE 056: Full-Time Airbnb Co-Hosting with Natalie Palmer Hello friends, welcome back to the WIIRE podcast! This week we are beyond excited to welcome Natalie Palmer to the podcast. Natalie is a real estate investor, property manager, AirBnb Co-Host, host of No Vacancy The Podcast, and co-founder of the Level Up Your Listing Summit.

Natalie has been investing in short-term rentals for about five and a half years and currently manages 10 properties in Big Bear, California, focusing most of her energy on co-hosting and the management side of the business. Natalie also co-founded the all-women STR Summit, Level Up Your Listing Summit, an all-women short-term rental summit held in Scottsdale, AZ (grab your tickets now for the March 2024 summit here).

Natalie got her start in the short-term rental industry when her family vacation house in Big Bear started to get less frequently used as they grew up and she convinced her parents to test the waters and list it for rent for the week between Christmas and New Year’s. The 800 square foot, 2 bed/2 bath condo was listed and within 45 minutes of the listing going live on December 22, they received a booking for $2,500 for a check-in only 2 days later on Christmas Eve! They received another booking directly behind that one and decided to go all in and try one full winter season. They took all of the earnings her parents made on the rentals and bought a 2nd property in the area, which Natalie also manages as well. During the renovation of the 2nd property, the neighbors approached her about managing their rentals and Natalie eventually went full-time managing multiple short-term rental properties in the Big Bear area. Natalie co-hosted for 3 years before finally diving in and buying a property of her own with her husband.

This episode is packed with information for getting started in short-term rentals, growing your short-term rental portfolio, AND tips on self-managing your properties without the overwhelm, so make sure you listen to the full episode!

You can learn more about what Natalie is up to by following her on Instagram.

Until next week, take care friends!

 

 

 

Resources:

]]> Mon, 31 Jul 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Natalie Palmer, Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/56-full-time-airbnb-co-hosting-with-natalie-palmer-WXEaa_2c Hello friends, welcome back to the WIIRE podcast! This week we are beyond excited to welcome Natalie Palmer to the podcast. Natalie is a real estate investor, property manager, AirBnb Co-Host, host of No Vacancy The Podcast, and co-founder of the Level Up Your Listing Summit.

Natalie has been investing in short-term rentals for about five and a half years and currently manages 10 properties in Big Bear, California, focusing most of her energy on co-hosting and the management side of the business. Natalie also co-founded the all-women STR Summit, Level Up Your Listing Summit, an all-women short-term rental summit held in Scottsdale, AZ (grab your tickets now for the March 2024 summit here).

Natalie got her start in the short-term rental industry when her family vacation house in Big Bear started to get less frequently used as they grew up and she convinced her parents to test the waters and list it for rent for the week between Christmas and New Year’s. The 800 square foot, 2 bed/2 bath condo was listed and within 45 minutes of the listing going live on December 22, they received a booking for $2,500 for a check-in only 2 days later on Christmas Eve! They received another booking directly behind that one and decided to go all in and try one full winter season. They took all of the earnings her parents made on the rentals and bought a 2nd property in the area, which Natalie also manages as well. During the renovation of the 2nd property, the neighbors approached her about managing their rentals and Natalie eventually went full-time managing multiple short-term rental properties in the Big Bear area. Natalie co-hosted for 3 years before finally diving in and buying a property of her own with her husband.

This episode is packed with information for getting started in short-term rentals, growing your short-term rental portfolio, AND tips on self-managing your properties without the overwhelm, so make sure you listen to the full episode!

You can learn more about what Natalie is up to by following her on Instagram.

Until next week, take care friends!

 

 

 

Resources:

]]> WIIRE 056: Full-Time Airbnb Co-Hosting with Natalie Palmer Natalie Palmer, Grace Gudenkauf, Amelia McGee 00:31:25 Hello friends, welcome back to the WIIRE podcast! This week we are beyond excited to welcome Natalie Palmer to the podcast. Natalie is a real estate investor, property manager, AirBnb Co-Host, host of No Vacancy The Podcast, and co-founder of the Level Up Your Listing Summit. Hello friends, welcome back to the WIIRE podcast! This week we are beyond excited to welcome Natalie Palmer to the podcast. Natalie is a real estate investor, property manager, AirBnb Co-Host, host of No Vacancy The Podcast, and co-founder of the Level Up Your Listing Summit. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 56 c811f397-58f5-4490-988b-b8f692d7e02b WIIRE 055: 4 Ways to Generate Deals With Your Buy Box Hi friends! Welcome back to episode 55 of the podcast! A few weeks ago in Episode 48 we talked about what a Buy Box was and why it is super important for you to have one set as an investor. In this episode, we’re doing a deep dive into how to use your Buy Box to bring you deals - getting them to come directly to your inbox, saving you both time and legwork.

The 4 ways were diving into are:

  1. Realtors
  2. Wholesalers
  3. Social Media
  4. Local Investor Meet-Ups

Make sure you grab our Buy Box template to create your own and join our Buy Box Bootcamp where you’ll learn how to save your time and energy by narrowing down your options and focusing on the properties that match what you're after.

That’s all we have for you in this episode. We would love it if you’d head over to Instagram and share with us what your buy box includes!

We’ll catch you in the next episode!

 

 

Resources:

]]> Mon, 24 Jul 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/4-ways-to-generate-deals-with-your-buy-box-with-amelia-grace-o0Kj7fds Hi friends! Welcome back to episode 55 of the podcast! A few weeks ago in Episode 48 we talked about what a Buy Box was and why it is super important for you to have one set as an investor. In this episode, we’re doing a deep dive into how to use your Buy Box to bring you deals - getting them to come directly to your inbox, saving you both time and legwork.

The 4 ways were diving into are:

  1. Realtors
  2. Wholesalers
  3. Social Media
  4. Local Investor Meet-Ups

Make sure you grab our Buy Box template to create your own and join our Buy Box Bootcamp where you’ll learn how to save your time and energy by narrowing down your options and focusing on the properties that match what you're after.

That’s all we have for you in this episode. We would love it if you’d head over to Instagram and share with us what your buy box includes!

We’ll catch you in the next episode!

 

 

Resources:

]]> WIIRE 055: 4 Ways to Generate Deals With Your Buy Box Amelia McGee, Grace Gudenkauf 00:23:39 Hi friends! Welcome back to episode 55 of the WIIRE podcast! A few weeks ago in Episode 48 we talked about what a Buy Box was and why it is super important for you to have one set as an investor. In this episode, we’re doing a deep dive into how to use your Buy Box to bring you deals - getting them to come directly to your inbox, saving you both time and legwork. Hi friends! Welcome back to episode 55 of the WIIRE podcast! A few weeks ago in Episode 48 we talked about what a Buy Box was and why it is super important for you to have one set as an investor. In this episode, we’re doing a deep dive into how to use your Buy Box to bring you deals - getting them to come directly to your inbox, saving you both time and legwork. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 55 039e38b4-eba1-4fb8-9600-974089136c47 WIIRE 054: Inherited Tenants: Yay or Nay? With Amelia & Grace Hi everyone, welcome back! This week we’re talking about all things inherited tenants: the pros and cons of each, plus our personal preferences on inherited tenants. This episode is an absolute must-listen if you’re entertaining the idea of purchasing any property where you could potentially inherit tenants. Let’s get started!

Pros of Inherited Tenants:

  1. Immediate rental income
  2. Established rental history
  3. Reduced vacancy risk
  4. Low turnover costs

Cons of Inherited Tenants:

  1. Maintenance
  2. Compatibility issues
  3. Rental agreements and lease terms
  4. Unknown tenant background
  5. Limited control over tenant selection

If you are looking for more great resources on self-managing your rental properties, you can enroll in our Savvy Self-Manager Course, to learn how you can save thousands of dollars year after year.

That’s all we have for you this week, friends. We’ll catch you in the next episode!

 

 

Resources:

]]> Mon, 17 Jul 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/54-inherited-tenants-yay-or-nay-with-amelia-grace-QFaEVV6f Hi everyone, welcome back! This week we’re talking about all things inherited tenants: the pros and cons of each, plus our personal preferences on inherited tenants. This episode is an absolute must-listen if you’re entertaining the idea of purchasing any property where you could potentially inherit tenants. Let’s get started!

Pros of Inherited Tenants:

  1. Immediate rental income
  2. Established rental history
  3. Reduced vacancy risk
  4. Low turnover costs

Cons of Inherited Tenants:

  1. Maintenance
  2. Compatibility issues
  3. Rental agreements and lease terms
  4. Unknown tenant background
  5. Limited control over tenant selection

If you are looking for more great resources on self-managing your rental properties, you can enroll in our Savvy Self-Manager Course, to learn how you can save thousands of dollars year after year.

That’s all we have for you this week, friends. We’ll catch you in the next episode!

 

 

Resources:

]]> WIIRE 054: Inherited Tenants: Yay or Nay? With Amelia & Grace Amelia McGee, Grace Gudenkauf 00:21:50 This week we’re talking about all things inherited tenants: the pros and cons of each, plus our personal preferences on inherited tenants. This episode is an absolute must-listen if you’re entertaining the idea of purchasing any property where you could potentially inherit tenants. This week we’re talking about all things inherited tenants: the pros and cons of each, plus our personal preferences on inherited tenants. This episode is an absolute must-listen if you’re entertaining the idea of purchasing any property where you could potentially inherit tenants. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 54 7168973e-ebb5-4232-87f3-4c15e4ef4eaf WIIRE 053: From Toxic Boss to Full-Time Entrepreneurship with Rachel Richards Hi friends! We are so pumped to have you join us this week because in this episode we are joined by Rachel Richards. Rachel is a financial advisor, turned real estate assistant, turned self-published author, and is also a thriving REI boss-babe who makes big moves in the world of syndications! Rachel is a true inspiration of what it looks like to build your business from scratch and we hope you will take away some powerful thoughts to help you also start to make some big moves in your portfolio, even if you are just starting out.


Rachel, aka, ‘Money Honey Rachel’, started out in the real estate world in fairly low-paying jobs and at one point was also an assistant to a highly toxic realtor. This person made their employees cry on a regular basis and at one point, Rachel remembers looking at herself in the mirror on a particularly bad day with this person and decided…

“This is it, I’m going to find a way to buy a rental property this year".”

Within six months, Rachel had made an offer on her first property and closed in early 2017. Looking back, she remembers talking about investing and wanting to take action on it, but just hadn’t pulled the trigger so this was exciting and highly empowering.

“I really do believe that anyone my age, at any income, can achieve financial independence.”

Rachel started out with only $10k in savings and purchased a duplex with long-term tenants as her first property. The second was a boarding house, and now Rachel focuses her time and investments primarily on syndications, which has become her absolute favorite way to invest as they truly are the ultimate passive income.

Currently, Rachel is invested in 10 syndications as an LP (Limited Partner).

To learn more about what Rachel is currently working on, you can find her over on Instagram.

Thank you so much for tuning in, we’ll see you next week!


 

Resources:

]]> Mon, 10 Jul 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Rachel Richards, Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/53-from-toxic-boss-to-full-time-entrepreneurship-with-rachel-richards-Xb0BLMWq Hi friends! We are so pumped to have you join us this week because in this episode we are joined by Rachel Richards. Rachel is a financial advisor, turned real estate assistant, turned self-published author, and is also a thriving REI boss-babe who makes big moves in the world of syndications! Rachel is a true inspiration of what it looks like to build your business from scratch and we hope you will take away some powerful thoughts to help you also start to make some big moves in your portfolio, even if you are just starting out.


Rachel, aka, ‘Money Honey Rachel’, started out in the real estate world in fairly low-paying jobs and at one point was also an assistant to a highly toxic realtor. This person made their employees cry on a regular basis and at one point, Rachel remembers looking at herself in the mirror on a particularly bad day with this person and decided…

“This is it, I’m going to find a way to buy a rental property this year".”

Within six months, Rachel had made an offer on her first property and closed in early 2017. Looking back, she remembers talking about investing and wanting to take action on it, but just hadn’t pulled the trigger so this was exciting and highly empowering.

“I really do believe that anyone my age, at any income, can achieve financial independence.”

Rachel started out with only $10k in savings and purchased a duplex with long-term tenants as her first property. The second was a boarding house, and now Rachel focuses her time and investments primarily on syndications, which has become her absolute favorite way to invest as they truly are the ultimate passive income.

Currently, Rachel is invested in 10 syndications as an LP (Limited Partner).

To learn more about what Rachel is currently working on, you can find her over on Instagram.

Thank you so much for tuning in, we’ll see you next week!


 

Resources:

]]> WIIRE 053: From Toxic Boss to Full-Time Entrepreneurship with Rachel Richards Rachel Richards, Grace Gudenkauf, Amelia McGee 00:43:44 We are so pumped to have you join us this week because in this episode we are joined by Rachel Richards. Rachel is a financial advisor, turned real estate assistant, turned self-published author, and is also a thriving REI boss-babe who makes big moves in the world of syndications! Rachel is a true inspiration of what it looks like to build your business from scratch and we hope you will take away some powerful thoughts to help you also start to make some big moves in your portfolio, even if you are just starting out. We are so pumped to have you join us this week because in this episode we are joined by Rachel Richards. Rachel is a financial advisor, turned real estate assistant, turned self-published author, and is also a thriving REI boss-babe who makes big moves in the world of syndications! Rachel is a true inspiration of what it looks like to build your business from scratch and we hope you will take away some powerful thoughts to help you also start to make some big moves in your portfolio, even if you are just starting out. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 53 38f807c3-bea1-4581-a26a-909f5a3dca28 WIIRE 052: Deal Deep Dive: Buying Small Multifamily Hello everybody, welcome back to another podcast episode! This week we are walking you through each of our 2nd-ever deals, which were both coincidentally multi-family properties. We are sharing our experience with how we found the deals, the ways we financed/purchased the deals, how we handled inherited tenants, and what we’ve learned since. Let’s get started!
 

Amelia’s First Multi-Family Property

Amelia purchased her first multi-family property, a fully occupied quadplex, in December 2020. She happened to purchase this deal from the same seller as her first deal which made things super simple since she had already worked with them before. The property had two units with 1 bedroom/1 bathroom each, one unit with 2 bedrooms, and one unit with 3 bedrooms. To purchase, she put down 20% of the $135k purchase price on a 20-year amortization with 4.5% interest.

Since this property came fully occupied she has trained the tenants on her processes and also learned a lot from them as far as how to get inherited tenants on board with the processes of having a new landlord. One of the tenants ended up moving out when she initially raised the rent, but the other three are still living there 2.5 years later and keep their units in excellent condition so she is in no hurry for them to leave.

This property is one that Amelia really doesn’t have a need or desire to sell unless something amazing came along.

 

Grace’s First Multi-Family Property

Grace purchased her first multi-family property in April 2021, on a referral from her uncle. It was 2 duplexes, all of which were fully occupied. The properties were in a good area and all in good condition. Three of the occupants were families and one was an insurance claim tenant.

To finance this purchase, Grace went in on the deal with her boyfriend and her sister, splitting the down-payment three ways and she even talked her local bank down to only 10% down on a $255k purchase price, due to the built-in equity she saw the property had.

They self-managed the property and decided to rehab one of the units into an MTR to rent at $1,600. Now two of her family tenants are still there, one has turned over and Grace plans to keep this multifamily basically forever.

One lesson Grace has learned from this particular property is that up/down duplexes are vastly different than side-by-side units.

 

This is a great learning episode because we are sharing so many of our personal lessons learned, the ways we have lost and saved money on multi-family properties, and why it’s so important to spend time placing good tenants, rather than just taking the first applicant you get, and also why you should keep good inherited tenants rather than risking the costs associated with vacancies.

Thanks for listening, catch you next week!

 

 

Resources:

]]> Mon, 3 Jul 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/deal-deep-dive-buying-small-multifamily-lYss4Zns Hello everybody, welcome back to another podcast episode! This week we are walking you through each of our 2nd-ever deals, which were both coincidentally multi-family properties. We are sharing our experience with how we found the deals, the ways we financed/purchased the deals, how we handled inherited tenants, and what we’ve learned since. Let’s get started!
 

Amelia’s First Multi-Family Property

Amelia purchased her first multi-family property, a fully occupied quadplex, in December 2020. She happened to purchase this deal from the same seller as her first deal which made things super simple since she had already worked with them before. The property had two units with 1 bedroom/1 bathroom each, one unit with 2 bedrooms, and one unit with 3 bedrooms. To purchase, she put down 20% of the $135k purchase price on a 20-year amortization with 4.5% interest.

Since this property came fully occupied she has trained the tenants on her processes and also learned a lot from them as far as how to get inherited tenants on board with the processes of having a new landlord. One of the tenants ended up moving out when she initially raised the rent, but the other three are still living there 2.5 years later and keep their units in excellent condition so she is in no hurry for them to leave.

This property is one that Amelia really doesn’t have a need or desire to sell unless something amazing came along.

 

Grace’s First Multi-Family Property

Grace purchased her first multi-family property in April 2021, on a referral from her uncle. It was 2 duplexes, all of which were fully occupied. The properties were in a good area and all in good condition. Three of the occupants were families and one was an insurance claim tenant.

To finance this purchase, Grace went in on the deal with her boyfriend and her sister, splitting the down-payment three ways and she even talked her local bank down to only 10% down on a $255k purchase price, due to the built-in equity she saw the property had.

They self-managed the property and decided to rehab one of the units into an MTR to rent at $1,600. Now two of her family tenants are still there, one has turned over and Grace plans to keep this multifamily basically forever.

One lesson Grace has learned from this particular property is that up/down duplexes are vastly different than side-by-side units.

 

This is a great learning episode because we are sharing so many of our personal lessons learned, the ways we have lost and saved money on multi-family properties, and why it’s so important to spend time placing good tenants, rather than just taking the first applicant you get, and also why you should keep good inherited tenants rather than risking the costs associated with vacancies.

Thanks for listening, catch you next week!

 

 

Resources:

]]> WIIRE 052: Deal Deep Dive: Buying Small Multifamily Grace Gudenkauf, Amelia McGee 00:22:43 This week we are walking you through each of our 2nd-ever deals, which were both coincidentally multi-family properties. We are sharing our experience with how we found the deals, the ways we financed/purchased the deals, how we handled inherited tenants, and what we’ve learned since. Let’s get started! This week we are walking you through each of our 2nd-ever deals, which were both coincidentally multi-family properties. We are sharing our experience with how we found the deals, the ways we financed/purchased the deals, how we handled inherited tenants, and what we’ve learned since. Let’s get started! rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 52 ca1cd509-9bcc-4e1d-b9d8-516be07c1dfe WIIRE 051: 3X Your Revenue with Midterm Rentals featuring Jesse Vasquez Hello everyone, welcome back to another podcast episode! This week we are joined by Jesse Vasquez, an expert in the REI space and we are so excited to hear him share his insight on the things he has accomplished and the things he has dove into that we have not dabbled in quite yet. Jesse has an amazing YouTube channel where he shares a lot of excellent content on getting started in REI and growing your REI portfolio.

Jesse actually got into the MTR space by accident. He had been working in 17 years and saw so many clinicians coming into the area with a midwest accent (sound familiar?). He met a nurse named Barbara who was staying at a Motel 6, in a terrible area, paying way too much. By getting to know her he found out how much of a need there was for housing in the area for people like their own travel nurses.

He sold the only vehicle he owned, a Toyota Tacoma, to purchase his first MTR property at 34 years old in 2015. With little to no support, he took his first steps into the MTR space. However, what he did have was a vision for what he wanted to do to help these travel clinicians and other traveling healthcare workers.

Jesse firmly believes that sometimes you have to take those desperate measures to make big moves.

If you want to get more info or connect with Jesse you can find him on Instagram @therealjessevasquez.

Thank you so much for tuning in to the WIIRE podcast, we’ll see you next week!

 

 

Resources:

]]> Mon, 26 Jun 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Jesse Vasquez) https://women-invest-in-real-estate.simplecast.com/episodes/51-3x-your-revenue-with-midterm-rentals-featuring-jesse-vasquez-tw8aO99i Hello everyone, welcome back to another podcast episode! This week we are joined by Jesse Vasquez, an expert in the REI space and we are so excited to hear him share his insight on the things he has accomplished and the things he has dove into that we have not dabbled in quite yet. Jesse has an amazing YouTube channel where he shares a lot of excellent content on getting started in REI and growing your REI portfolio.

Jesse actually got into the MTR space by accident. He had been working in 17 years and saw so many clinicians coming into the area with a midwest accent (sound familiar?). He met a nurse named Barbara who was staying at a Motel 6, in a terrible area, paying way too much. By getting to know her he found out how much of a need there was for housing in the area for people like their own travel nurses.

He sold the only vehicle he owned, a Toyota Tacoma, to purchase his first MTR property at 34 years old in 2015. With little to no support, he took his first steps into the MTR space. However, what he did have was a vision for what he wanted to do to help these travel clinicians and other traveling healthcare workers.

Jesse firmly believes that sometimes you have to take those desperate measures to make big moves.

If you want to get more info or connect with Jesse you can find him on Instagram @therealjessevasquez.

Thank you so much for tuning in to the WIIRE podcast, we’ll see you next week!

 

 

Resources:

]]> WIIRE 051: 3X Your Revenue with Midterm Rentals featuring Jesse Vasquez Amelia McGee, Grace Gudenkauf, Jesse Vasquez 00:40:58 This week we are joined by Jesse Vasquez, an expert in the REI space and we are so excited to hear him share his insight on the things he has accomplished and the things he has dove into that we have not dabbled in quite yet. Jesse has an amazing YouTube channel where he shares a lot of excellent content on getting started in REI and growing your REI portfolio. This week we are joined by Jesse Vasquez, an expert in the REI space and we are so excited to hear him share his insight on the things he has accomplished and the things he has dove into that we have not dabbled in quite yet. Jesse has an amazing YouTube channel where he shares a lot of excellent content on getting started in REI and growing your REI portfolio. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 51 167eb494-86f4-4376-8b26-6bef6a559987 WIIRE 050: 10 Creative Ways to Get Started In Real Estate Welcome back friends! Can you believe we are celebrating episode 50 already! We are so grateful for each one of you and want to thank you from the bottom of our hearts for joining us on this REI journey and hope we’ve provided insight and entertainment into what it looks like to go full-time investing!

In episode 50 we are sharing our list of 10 creative ways that you can get started, right now, in real estate investing. This particular list is for someone with little to no money to get started with but is willing to jump in with both feet and do the hard work. We will also dive into the advantages and disadvantages of each one.

We like to say that you need to have at least one of these three things to get started: 1) money, 2) time, 3) experience.

Let’s get started!

Our list of 10 Creative Ways to Get Started In Real Estate:

  1. Live-in flip
  2. Rental arbitrage
  3. Work for an investor
  4. House-hack
  5. Keep you own home as a rental when you move (also known as ‘accidental landlord’)
  6. Partnerships
  7. Find a mentor
  8. Become a private money lender
  9. Become a realtor
  10. Wholsaling

This is another one of those questions we hear a lot because so many are in this exact situation so get ready to expand your horizons and shift your mindset to see what is possible to start getting started!

See you in the next episode!


 

Resources:

]]> Mon, 19 Jun 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/50-110-creative-ways-to-get-started-in-real-estate-IGMHLfSK Welcome back friends! Can you believe we are celebrating episode 50 already! We are so grateful for each one of you and want to thank you from the bottom of our hearts for joining us on this REI journey and hope we’ve provided insight and entertainment into what it looks like to go full-time investing!

In episode 50 we are sharing our list of 10 creative ways that you can get started, right now, in real estate investing. This particular list is for someone with little to no money to get started with but is willing to jump in with both feet and do the hard work. We will also dive into the advantages and disadvantages of each one.

We like to say that you need to have at least one of these three things to get started: 1) money, 2) time, 3) experience.

Let’s get started!

Our list of 10 Creative Ways to Get Started In Real Estate:

  1. Live-in flip
  2. Rental arbitrage
  3. Work for an investor
  4. House-hack
  5. Keep you own home as a rental when you move (also known as ‘accidental landlord’)
  6. Partnerships
  7. Find a mentor
  8. Become a private money lender
  9. Become a realtor
  10. Wholsaling

This is another one of those questions we hear a lot because so many are in this exact situation so get ready to expand your horizons and shift your mindset to see what is possible to start getting started!

See you in the next episode!


 

Resources:

]]> WIIRE 050: 10 Creative Ways to Get Started In Real Estate Amelia McGee, Grace Gudenkauf 00:29:37 In episode 50 we are sharing our list of 10 creative ways that you can get started, right now, in real estate investing. This particular list is for someone with little to no money to get started with but is willing to jump in with both feet and do the hard work. We will also dive into the advantages and disadvantages of each one. In episode 50 we are sharing our list of 10 creative ways that you can get started, right now, in real estate investing. This particular list is for someone with little to no money to get started with but is willing to jump in with both feet and do the hard work. We will also dive into the advantages and disadvantages of each one. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 50 7cd0f924-317e-4068-96a1-56a1e8a3566e BONUS EPISODE: Retreat Recap Hi, friends! We’re coming at you with a BONUS EPISODE this week where we’re still riding our high from our weekend retreat with some inspiring REI women in Charlotte!

If you’ve ever considered attending one of our retreats this episode is going to (hopefully) give you the push you need to get your name on our retreat waitlist and join us in-person at our next retreat!

Still have questions? Feel free to DM us on Instagram to get them answered.

Thanks for listening and we hope to see you at one of our upcoming retreats, friends!


 

Resources:

]]> Wed, 14 Jun 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/bonus-episode-retreat-recap-55LC2Nno Hi, friends! We’re coming at you with a BONUS EPISODE this week where we’re still riding our high from our weekend retreat with some inspiring REI women in Charlotte!

If you’ve ever considered attending one of our retreats this episode is going to (hopefully) give you the push you need to get your name on our retreat waitlist and join us in-person at our next retreat!

Still have questions? Feel free to DM us on Instagram to get them answered.

Thanks for listening and we hope to see you at one of our upcoming retreats, friends!


 

Resources:

]]> BONUS EPISODE: Retreat Recap Grace Gudenkauf, Amelia McGee 00:10:56 We’re coming at you with a BONUS EPISODE this week where we’re still riding our high from our weekend retreat with some inspiring REI women in Charlotte! We’re coming at you with a BONUS EPISODE this week where we’re still riding our high from our weekend retreat with some inspiring REI women in Charlotte! rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true bonus cb2f0cf4-2602-4832-b4bd-eef028d4417d WIIRE 049: Our Favorite Property Class & What That Means Hi everyone, welcome back to another episode. Last week we talked about your buy box and one of the things that should be in your buy box is property, or neighborhood, class. So this week we are going to break down the various classes of properties or neighborhoods, what they look like for us, what they might look like for you, and how you can benefit from knowing which ones are right for your portfolio. We will also be sharing our own personal examples of the various classes we have invested in as well as which class we most prefer to work within.

First, topics like this are highly subjective, so please remember that what might be considered an A or B class to us, might not be in your area, and vise versa. Property and neighborhood classes have pros and cons on every level and we use a sliding scale to break them down and differentiate them, giving you some general rules of thumb as guidelines.

Next, let’s talk about the various classes of neighborhoods:

  • A Class
  • B Class
  • C Class
  • D Class

Each of these is defined very differently, and will look different based on the area you are investing in, however one thing to keep in mind is always your WHY and exactly what it is you are looking for (hint: remember your buy box!).

In all, it comes down to two things:

  1. What are you looking for: appreciation or cash flor (or maybe a little of both)?
  2. What can you afford?

If you have a question or topic you would like covered in an upcoming episode, send us a DM on Instagram and we will queue it up!

That’s all we have for you this week friends, we’ll catch you in the next episode!


 

Resources:

]]> Mon, 12 Jun 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/49-our-favorite-property-class-what-that-means-TOpr5VLl Hi everyone, welcome back to another episode. Last week we talked about your buy box and one of the things that should be in your buy box is property, or neighborhood, class. So this week we are going to break down the various classes of properties or neighborhoods, what they look like for us, what they might look like for you, and how you can benefit from knowing which ones are right for your portfolio. We will also be sharing our own personal examples of the various classes we have invested in as well as which class we most prefer to work within.

First, topics like this are highly subjective, so please remember that what might be considered an A or B class to us, might not be in your area, and vise versa. Property and neighborhood classes have pros and cons on every level and we use a sliding scale to break them down and differentiate them, giving you some general rules of thumb as guidelines.

Next, let’s talk about the various classes of neighborhoods:

  • A Class
  • B Class
  • C Class
  • D Class

Each of these is defined very differently, and will look different based on the area you are investing in, however one thing to keep in mind is always your WHY and exactly what it is you are looking for (hint: remember your buy box!).

In all, it comes down to two things:

  1. What are you looking for: appreciation or cash flor (or maybe a little of both)?
  2. What can you afford?

If you have a question or topic you would like covered in an upcoming episode, send us a DM on Instagram and we will queue it up!

That’s all we have for you this week friends, we’ll catch you in the next episode!


 

Resources:

]]> WIIRE 049: Our Favorite Property Class & What That Means Amelia McGee, Grace Gudenkauf 00:21:16 Hi everyone, welcome back to another episode. Last week we talked about your buy box and one of the things that should be in your buy box is property, or neighborhood, class. So this week we are going to break down the various classes of properties or neighborhoods, what they look like for us, what they might look like for you, and how you can benefit from knowing which ones are right for your portfolio. We will also be sharing our own personal examples of the various classes we have invested in as well as which class we most prefer to work within. Hi everyone, welcome back to another episode. Last week we talked about your buy box and one of the things that should be in your buy box is property, or neighborhood, class. So this week we are going to break down the various classes of properties or neighborhoods, what they look like for us, what they might look like for you, and how you can benefit from knowing which ones are right for your portfolio. We will also be sharing our own personal examples of the various classes we have invested in as well as which class we most prefer to work within. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 49 0b9e6a16-a505-4087-9e28-08cb17e3212f WIIRE 048: The Power of a Buy Box Hi, friends! If you’re a frequent listener of the WIIRE podcast you’ll hear us talk a lot about our ‘buy boxes’ and in this weeks episode we’re going be diving into exactly what a buy box is, why having a buy box is important, how you can determine your buy box criteria and what our buy boxes look like.
 

Let’s start by defining exactly what a buy box is…

A buy box is a short, concise list of criteria of the exact deal you want to purchase. 
 

Example of a buy box:

“A single family home located in Des Moines, Iowa that has 3 bedrooms, 2 bathrooms, medium to low rehab, under $x (dollar amount).”
 

Why should I have a buy box?

A buy box is used to tell people (family, friends, investors, other REI professionals, etc.) exactly what it is that you are looking to buy.

 

What criteria should be in my buy box?

  • Location
  • Neighborhood Class
  • Purchase price
  • Metrics
  • Physical characteristics
  • Renovation level

 

Lastly, remember that as you grow your REI business and your life changes you can adjust your buy box to keep your portfolio growing!

We hope you loved this episode. Come hang out with us over on Instagram and share your buy box with us and we’ll catch you in the next episode!


 

 

Resources:

]]> Mon, 5 Jun 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/48-the-power-of-a-buy-box-SFu48qxq Hi, friends! If you’re a frequent listener of the WIIRE podcast you’ll hear us talk a lot about our ‘buy boxes’ and in this weeks episode we’re going be diving into exactly what a buy box is, why having a buy box is important, how you can determine your buy box criteria and what our buy boxes look like.
 

Let’s start by defining exactly what a buy box is…

A buy box is a short, concise list of criteria of the exact deal you want to purchase. 
 

Example of a buy box:

“A single family home located in Des Moines, Iowa that has 3 bedrooms, 2 bathrooms, medium to low rehab, under $x (dollar amount).”
 

Why should I have a buy box?

A buy box is used to tell people (family, friends, investors, other REI professionals, etc.) exactly what it is that you are looking to buy.

 

What criteria should be in my buy box?

  • Location
  • Neighborhood Class
  • Purchase price
  • Metrics
  • Physical characteristics
  • Renovation level

 

Lastly, remember that as you grow your REI business and your life changes you can adjust your buy box to keep your portfolio growing!

We hope you loved this episode. Come hang out with us over on Instagram and share your buy box with us and we’ll catch you in the next episode!


 

 

Resources:

]]> WIIRE 048: The Power of a Buy Box Amelia McGee, Grace Gudenkauf 00:23:05 Hi, friends! If you’re a frequent listener of the podcast you’ll hear us talk a lot about our ‘buy boxes’ and in this weeks episode we’re going be diving into exactly what a buy box is, why having a buy box is important, how you can determine your buy box criteria and what our buy boxes look like. Hi, friends! If you’re a frequent listener of the podcast you’ll hear us talk a lot about our ‘buy boxes’ and in this weeks episode we’re going be diving into exactly what a buy box is, why having a buy box is important, how you can determine your buy box criteria and what our buy boxes look like. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 48 0da033d3-136b-4fdb-b0fb-2c4de3cba2ae WIIRE 047: How I Quit My $200K Job to Go Full Time REI with Seena Ghetmiri Hi, friends! Welcome back to another episode of the Women Invest In Real Estate podcast! We are so excited to have you join us this week because we are welcoming Seena Ghetmiri (yes, our first male guest, but don’t run away - you are going to want to hear his story!). Seena actually started out on the traditional path, heading to college and becoming a dentist when he decided to take his future into his own hands and pivot into the world of real estate investing.

Leaving his 9 to 5, after following such a traditional path as his family expected, is such a hot topic and Seena’s story will truly resonate with so many of our listeners. Seena’s Middle Eastern family very much is the ‘higher-education parent generation’, where he did what he was ‘supposed to do’ by going to college and having a career in an upper level field.

After graduation from dentistry school, Seena moved to San Diego from New York, although he quickly learned that working his job looked much different than he expected it to. He worked at that practice for 2 years before relocating again to Austin to take, at the time, what was his dream job. Things got better at this new practice but after the honeymoon period wore off he had the realization…

“This cant be ‘IT’.”

Seena wanted to start a family with his wife, but also wanted to be able to show up for them. This job wasn’t lighting him up and while the pay was there, his heart was not. He told his wife he wanted to take 6 months off and explore the world of REI. She supported him fully and he put in his notice and went all in. This maybe wasn’t the best route, but for him, it worked.

Seena and his wife have since grown an impressive Adorable STR in Denver, has launched a podcast (a MUST LISTEN!), and he and his wife are expecting their first child.

Thoughts from Seena:

  1. Share your interest - put it out into the universe
  2. Find a good mentor (they don’t need to be an REI expert!)
  3. Take calculated action
  4. Create an experience for your guests
  5. Give yourself permission to dream
  6. Find a way to raise the level of urgency to just get started
  7. Make the move, you only have one shot

If you want to learn more about Seena, follow along on his journey, or want to connect with him, you can find him on Instagram. We also highly recommend checking out his podcast, Ghet Investing.

Thank you for tuning in, we’ll catch you in the next episode!


 

Resources:

]]> Mon, 29 May 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Seena Ghetmiri, Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/47-how-i-quit-my-200k-job-to-go-full-time-rei-with-seena-ghetmiri-ki3FO52L Hi, friends! Welcome back to another episode of the Women Invest In Real Estate podcast! We are so excited to have you join us this week because we are welcoming Seena Ghetmiri (yes, our first male guest, but don’t run away - you are going to want to hear his story!). Seena actually started out on the traditional path, heading to college and becoming a dentist when he decided to take his future into his own hands and pivot into the world of real estate investing.

Leaving his 9 to 5, after following such a traditional path as his family expected, is such a hot topic and Seena’s story will truly resonate with so many of our listeners. Seena’s Middle Eastern family very much is the ‘higher-education parent generation’, where he did what he was ‘supposed to do’ by going to college and having a career in an upper level field.

After graduation from dentistry school, Seena moved to San Diego from New York, although he quickly learned that working his job looked much different than he expected it to. He worked at that practice for 2 years before relocating again to Austin to take, at the time, what was his dream job. Things got better at this new practice but after the honeymoon period wore off he had the realization…

“This cant be ‘IT’.”

Seena wanted to start a family with his wife, but also wanted to be able to show up for them. This job wasn’t lighting him up and while the pay was there, his heart was not. He told his wife he wanted to take 6 months off and explore the world of REI. She supported him fully and he put in his notice and went all in. This maybe wasn’t the best route, but for him, it worked.

Seena and his wife have since grown an impressive Adorable STR in Denver, has launched a podcast (a MUST LISTEN!), and he and his wife are expecting their first child.

Thoughts from Seena:

  1. Share your interest - put it out into the universe
  2. Find a good mentor (they don’t need to be an REI expert!)
  3. Take calculated action
  4. Create an experience for your guests
  5. Give yourself permission to dream
  6. Find a way to raise the level of urgency to just get started
  7. Make the move, you only have one shot

If you want to learn more about Seena, follow along on his journey, or want to connect with him, you can find him on Instagram. We also highly recommend checking out his podcast, Ghet Investing.

Thank you for tuning in, we’ll catch you in the next episode!


 

Resources:

]]> WIIRE 047: How I Quit My $200K Job to Go Full Time REI with Seena Ghetmiri Seena Ghetmiri, Amelia McGee, Grace Gudenkauf 00:41:22 Hi, friends! Welcome back to another episode of the Women Invest In Real Estate podcast! We are so excited to have you join us this week because we are welcoming Seena Ghetmiri (yes, our first male guest, but don’t run away - you are going to want to hear his story!). Seena actually started out on the traditional path, heading to college and becoming a dentist when he decided to take his future into his own hands and pivot into the world of real estate investing. Hi, friends! Welcome back to another episode of the Women Invest In Real Estate podcast! We are so excited to have you join us this week because we are welcoming Seena Ghetmiri (yes, our first male guest, but don’t run away - you are going to want to hear his story!). Seena actually started out on the traditional path, heading to college and becoming a dentist when he decided to take his future into his own hands and pivot into the world of real estate investing. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 47 8a29af64-7bbc-457c-a53f-b75540a0f083 WIIRE 046: 5 Ideas for Furnishing Your Midterm Rental Hi, friends! We’re so excited to have you back! Mid-term rentals are by far our favorites at WIIRE and we have really refined our processes throughout our years in the business and one of the ‘fun’ aspects of owning mid-term rentals is of course, furnishing them! So in this episode were talking all about how to get creative when furnishing your MTRs without breaking the bank. Let’s dive in!

Our 5 golden rules to furnishing MTRs:

  1. Keep it cute, cozy and comfy.
  2. Select furniture that is easy to put together (or buy pre-assembled items off of Facebook Marketplace).
  3. Include a starter set of items people won’t want to run out and buy right away (think spices, dish soap, laundry detergent, trash bags, etc.).
  4. Choose easy to clean items (duvet covers, dark linens, mattress protectors, cushion covers, etc.)
  5. Miscellaneous! This is everything that doesn’t fit into an above category.
  • Post your ‘house rules’ on the back of the front door (Wifi password, when garbage pickup is, door codes, etc)
  • Thermostat + water reminders for when they are going to be our of the unit for several days
  • Provide pet poo bags if you allow pets (you’ll thank us for this!)
  • Have a keypad entry that allows a master code
  • Include a washer and dryer, when possible

Two final thoughts on furnishing your MTRs is that keep it simple - you don’t need to provide luxury accommodations (unless that’s your specific niche) and also, remember that a little goes a long way.

If you have some unique ways you’ve furnished your properties we would love to hear them so shoot us a DM on Instagram!

That’s all for this week friends, we’ll catch you in the next episode!


 

Resources:

]]> Mon, 22 May 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/46-5-ideas-for-furnishing-your-midterm-rental-xbndoo2_ Hi, friends! We’re so excited to have you back! Mid-term rentals are by far our favorites at WIIRE and we have really refined our processes throughout our years in the business and one of the ‘fun’ aspects of owning mid-term rentals is of course, furnishing them! So in this episode were talking all about how to get creative when furnishing your MTRs without breaking the bank. Let’s dive in!

Our 5 golden rules to furnishing MTRs:

  1. Keep it cute, cozy and comfy.
  2. Select furniture that is easy to put together (or buy pre-assembled items off of Facebook Marketplace).
  3. Include a starter set of items people won’t want to run out and buy right away (think spices, dish soap, laundry detergent, trash bags, etc.).
  4. Choose easy to clean items (duvet covers, dark linens, mattress protectors, cushion covers, etc.)
  5. Miscellaneous! This is everything that doesn’t fit into an above category.
  • Post your ‘house rules’ on the back of the front door (Wifi password, when garbage pickup is, door codes, etc)
  • Thermostat + water reminders for when they are going to be our of the unit for several days
  • Provide pet poo bags if you allow pets (you’ll thank us for this!)
  • Have a keypad entry that allows a master code
  • Include a washer and dryer, when possible

Two final thoughts on furnishing your MTRs is that keep it simple - you don’t need to provide luxury accommodations (unless that’s your specific niche) and also, remember that a little goes a long way.

If you have some unique ways you’ve furnished your properties we would love to hear them so shoot us a DM on Instagram!

That’s all for this week friends, we’ll catch you in the next episode!


 

Resources:

]]> WIIRE 046: 5 Ideas for Furnishing Your Midterm Rental Grace Gudenkauf, Amelia McGee 00:17:06 Hi, friends! We’re so excited to have you back! Mid-term rentals are by far our favorites and we have really refined our processes throughout our years in the business and one of the ‘fun’ aspects of owning mid-term rentals is of course, furnishing them! So in this episode were talking all about how to get creative when furnishing your MTRs without breaking the bank. Let’s dive in! Hi, friends! We’re so excited to have you back! Mid-term rentals are by far our favorites and we have really refined our processes throughout our years in the business and one of the ‘fun’ aspects of owning mid-term rentals is of course, furnishing them! So in this episode were talking all about how to get creative when furnishing your MTRs without breaking the bank. Let’s dive in! rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 46 cd06f196-0847-49db-9efd-a8b66e151c01 WIIRE 045: 5 Reasons the BRRRR Strategy is So Powerful with Anam Ali-Hashambhai Welcome back to another podcast episode! This week we are excited to welcome our friend Anam Ali-Hashambhai to the podcast. Anam is a real estate investor born and raised in the Dallas, Texas metroplex and also where she and her husband have chosen to plant their roots and build their REI empire.

Anam and her husband are self taught investors who have grown their REI portfolio to an impressive $25 million. But, like most people, they started much smaller. Since the cost of buying real estate in the Dallas/Fort Worth Metroplex is significantly higher than in some other areas, and paired with the fact that they were using their own capital, Anam and her husband realized they needed to widen the scope of their properties to be within 45-60 minutes of the Metroplex. They spent many hours together driving from one property to another after their full-time jobs, building their relationship along with building their business.

Whats more impressive is that they have done all of this using the BRRRR strategy, they self-manage all of their units, and for the first few years, used their own savings and capital top fund their buys. However, during COVID they began using hard money lending and realized they wished they would have done so sooner to allow them to scale their business faster.

While they have dabbled in multi-family properties, Anam and her husband primarily plan to continue investing in single family homes.

What is a BRRRR? It stands for:

  • Buy
  • Rehab
  • Rent
  • Refinance
  • Repeat

Here are our 5 best reasons the BRRRR strategy is such a powerful strategy:

  1. You can recycle and reuse capital
  2. You can use other peoples money
  3. You can achieve greater equity position
  4. Higher quality tenants
  5. Less maintenance + CapEx

That’s all for this week! A HUGE thank you to Anam for joining us; if you’d like to know more about her or follow along with her REI journey you can find her on Instagram. You can also hear more about her and her investment strategy by joning us at our Virtual Summit, Set to Scale, later this week - happening on May 17-18!

See you next week, friends!

 


 

Resources:

]]> Mon, 15 May 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/45-5-reasons-the-brrrr-strategy-is-so-powerful-with-anam-ali-hashambhai-RMrGW73O Welcome back to another podcast episode! This week we are excited to welcome our friend Anam Ali-Hashambhai to the podcast. Anam is a real estate investor born and raised in the Dallas, Texas metroplex and also where she and her husband have chosen to plant their roots and build their REI empire.

Anam and her husband are self taught investors who have grown their REI portfolio to an impressive $25 million. But, like most people, they started much smaller. Since the cost of buying real estate in the Dallas/Fort Worth Metroplex is significantly higher than in some other areas, and paired with the fact that they were using their own capital, Anam and her husband realized they needed to widen the scope of their properties to be within 45-60 minutes of the Metroplex. They spent many hours together driving from one property to another after their full-time jobs, building their relationship along with building their business.

Whats more impressive is that they have done all of this using the BRRRR strategy, they self-manage all of their units, and for the first few years, used their own savings and capital top fund their buys. However, during COVID they began using hard money lending and realized they wished they would have done so sooner to allow them to scale their business faster.

While they have dabbled in multi-family properties, Anam and her husband primarily plan to continue investing in single family homes.

What is a BRRRR? It stands for:

  • Buy
  • Rehab
  • Rent
  • Refinance
  • Repeat

Here are our 5 best reasons the BRRRR strategy is such a powerful strategy:

  1. You can recycle and reuse capital
  2. You can use other peoples money
  3. You can achieve greater equity position
  4. Higher quality tenants
  5. Less maintenance + CapEx

That’s all for this week! A HUGE thank you to Anam for joining us; if you’d like to know more about her or follow along with her REI journey you can find her on Instagram. You can also hear more about her and her investment strategy by joning us at our Virtual Summit, Set to Scale, later this week - happening on May 17-18!

See you next week, friends!

 


 

Resources:

]]> WIIRE 045: 5 Reasons the BRRRR Strategy is So Powerful with Anam Ali-Hashambhai Amelia McGee, Grace Gudenkauf 00:43:54 Welcome back to another podcast episode! This week we are excited to welcome our friend Anam Ali-Hashambhai to the podcast. Anam is a real estate investor born and raised in the Dallas, Texas metroplex and also where she and her husband have chosen to plant their roots and build their REI empire. Welcome back to another podcast episode! This week we are excited to welcome our friend Anam Ali-Hashambhai to the podcast. Anam is a real estate investor born and raised in the Dallas, Texas metroplex and also where she and her husband have chosen to plant their roots and build their REI empire. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 45 4da915bb-6cd3-4686-b798-d95f77dc98b3 WIIRE 044: Do you need an LLC to invest in real estate? Hi, friends! Welcome back to another episode! This week we’re answering another question we hear a lot and that question is ‘do I need an LLC to invest in real estate?’. While there really isn’t a cut and dry answer, we are going to share with you our personal thoughts on the subject, as well as our own experiences.

Just a reminder, we are not attorneys and while we love sharing words of wisdom, we always recommend consulting with your attorney to find out what will best suit your specific business and personal legal needs.

In this episode we’re diving into:

  • What is an LLC and what does it do
  • Things to understand about an LLC
  • Pros
  • Cons
  • Benefits
  • Tax details

 

First, what is an LLC?

An LLC, in its simplest form, is what separates your business liabilities from you personally, for asset protection. This means that a tenant cannot come after you personally, should something go awry at one of your properties.
 

The long and the short of it:

If having (or not having) an LLC is what is keeping you up at night, and keeping you from getting started in real estate, STOP! Put it aside and revisit it later because this is where so many people find themselves stuck, and never even get started.

 

That’s all we have for you this week but if you have a question you’d like us to chat about on an upcoming episode please feel free to email us! Also, if you haven’t done so we would LOVE it if you could leave us a review wherever you listen to your podcasts to help other listeners like you find us!

 We will catch you in the next episode!


 

Resources:

]]> Mon, 8 May 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/44-do-you-need-an-llc-to-invest-in-real-estate-c1SwZcy3 Hi, friends! Welcome back to another episode! This week we’re answering another question we hear a lot and that question is ‘do I need an LLC to invest in real estate?’. While there really isn’t a cut and dry answer, we are going to share with you our personal thoughts on the subject, as well as our own experiences.

Just a reminder, we are not attorneys and while we love sharing words of wisdom, we always recommend consulting with your attorney to find out what will best suit your specific business and personal legal needs.

In this episode we’re diving into:

  • What is an LLC and what does it do
  • Things to understand about an LLC
  • Pros
  • Cons
  • Benefits
  • Tax details

 

First, what is an LLC?

An LLC, in its simplest form, is what separates your business liabilities from you personally, for asset protection. This means that a tenant cannot come after you personally, should something go awry at one of your properties.
 

The long and the short of it:

If having (or not having) an LLC is what is keeping you up at night, and keeping you from getting started in real estate, STOP! Put it aside and revisit it later because this is where so many people find themselves stuck, and never even get started.

 

That’s all we have for you this week but if you have a question you’d like us to chat about on an upcoming episode please feel free to email us! Also, if you haven’t done so we would LOVE it if you could leave us a review wherever you listen to your podcasts to help other listeners like you find us!

 We will catch you in the next episode!


 

Resources:

]]> WIIRE 044: Do you need an LLC to invest in real estate? Grace Gudenkauf, Amelia McGee 00:31:50 Hi, friends! Welcome back to another episode! This week we’re answering another question we hear a lot and that question is ‘do I need an LLC to invest in real estate?’. While there really isn’t a cut and dry answer, we are going to share with you our personal thoughts on the subject, as well as our own experiences. Hi, friends! Welcome back to another episode! This week we’re answering another question we hear a lot and that question is ‘do I need an LLC to invest in real estate?’. While there really isn’t a cut and dry answer, we are going to share with you our personal thoughts on the subject, as well as our own experiences. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 44 ec39e395-2f3e-40d7-b12f-9162c9e9bd28 WIIRE 043: 3.625% for 26 years with Creative Financing: Deal Deep Dive with Amelia & Grace Hey everyone, welcome back to the Women Invest In Real Estate podcast. We are so excited because, in this episode, we're going to talk about a creative finance deal that Grace just did and is probably one of the best creative finance deals she has done lately. We have both been so busy doing our own thing and keeping our businesses in line that Grace has not even shared these deets with Amelia so it’s going to be a good conversation! Let’s get started!


But first, you haven’t already (especially if you’re new to creative financing), we highly recommend listening to the episodes in our Creative Financing mini-series with Jenn & Joe Delle Fave. Find them all here:

How She Found The Deal

This particular house/deal was found through one of our favorite sourcing methods, referrals! A friend of Grace’s told her about this person who was looking to sell their home only a few years after they originally purchased it due to some major life changes. She reached out to the seller and the seller was super responsive to her offer, and they had already built that know, like, and trust factor in play here which immediately set them up for a successful deal, especially since it needed to move quickly.

Grace bought the house via a wrap mortgage, taking over the owner's debt, buying the house, and owing what the house was worth. She really did not have any equity, basically owing what the house was worth (about $77,000 owed on the house). Grace offered the seller $91k, less the newly surfaced issues from the sewer repairs, which were estimated to cost roughly $12k bringing it to about $79k. The seller jumped at the offer and it was a done deal. 
 

Here is an approximate breakdown of what Grace paid for the deal:

  • $270 at closing
  • $10k sewer repair
  • $1k referral fee
  • $1k attorney fees

 

Some of the most common questions Grace will answer in this episode are:

  1. How do you make her mortgage payment?
  2. What about insurance?
  3. Did you buy the house in a trust?
  4. What are the risks of creative financing?
  5. Where did you learn everything you know about creative financing?

 

Thank you for tuning in, friends! We hope you’ll join us on May 17 & 18 for our Virtual Summit where we’re bringing together top real estate investors from across the country to share their insights, strategies, and success stories!

We’ll catch you in the next episode!


 

Resources:

]]> Mon, 1 May 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/43-3625-for-26-years-with-creative-financing-deal-deep-dive-with-amelia-grace-UeAc3Asb Hey everyone, welcome back to the Women Invest In Real Estate podcast. We are so excited because, in this episode, we're going to talk about a creative finance deal that Grace just did and is probably one of the best creative finance deals she has done lately. We have both been so busy doing our own thing and keeping our businesses in line that Grace has not even shared these deets with Amelia so it’s going to be a good conversation! Let’s get started!


But first, you haven’t already (especially if you’re new to creative financing), we highly recommend listening to the episodes in our Creative Financing mini-series with Jenn & Joe Delle Fave. Find them all here:

How She Found The Deal

This particular house/deal was found through one of our favorite sourcing methods, referrals! A friend of Grace’s told her about this person who was looking to sell their home only a few years after they originally purchased it due to some major life changes. She reached out to the seller and the seller was super responsive to her offer, and they had already built that know, like, and trust factor in play here which immediately set them up for a successful deal, especially since it needed to move quickly.

Grace bought the house via a wrap mortgage, taking over the owner's debt, buying the house, and owing what the house was worth. She really did not have any equity, basically owing what the house was worth (about $77,000 owed on the house). Grace offered the seller $91k, less the newly surfaced issues from the sewer repairs, which were estimated to cost roughly $12k bringing it to about $79k. The seller jumped at the offer and it was a done deal. 
 

Here is an approximate breakdown of what Grace paid for the deal:

  • $270 at closing
  • $10k sewer repair
  • $1k referral fee
  • $1k attorney fees

 

Some of the most common questions Grace will answer in this episode are:

  1. How do you make her mortgage payment?
  2. What about insurance?
  3. Did you buy the house in a trust?
  4. What are the risks of creative financing?
  5. Where did you learn everything you know about creative financing?

 

Thank you for tuning in, friends! We hope you’ll join us on May 17 & 18 for our Virtual Summit where we’re bringing together top real estate investors from across the country to share their insights, strategies, and success stories!

We’ll catch you in the next episode!


 

Resources:

]]> WIIRE 043: 3.625% for 26 years with Creative Financing: Deal Deep Dive with Amelia & Grace Grace Gudenkauf, Amelia McGee 00:23:37 We are so excited because, in this episode, we're going to talk about a creative finance deal that Grace just did and is probably one of the best creative finance deals she has done lately. We have both been so busy doing our own thing and keeping our businesses in line that Grace has not even shared these deets with Amelia so it’s going to be a good conversation! Let’s get started! We are so excited because, in this episode, we're going to talk about a creative finance deal that Grace just did and is probably one of the best creative finance deals she has done lately. We have both been so busy doing our own thing and keeping our businesses in line that Grace has not even shared these deets with Amelia so it’s going to be a good conversation! Let’s get started! rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 43 1a901330-2390-4967-bd41-406e4fe12cb2 WIIRE 042: Managing and Training Your Tenants: Tips and Strategies Hi, friends! We hope you are ready for some of the best tips and strategies we have for managing and ‘training’ your tenants. This week, we’re diving into red flags to watch out for when it comes to new/potential tenants (and inherited tenants!), and sharing with you some of the ways we have ‘trained’ our tenants to shift them onto our property management software and follow basic rental procedures. Let’s dive in!
 

Red Flags

  • Sob story tenants
  • Wants to  pay multiple months of rent at a time/upfront
  • Carries ‘cash in hand’ the day they tour the unit to rent ASAP
  • Has no rental history
  • Bad credit score (medical bills excluded)
  • Someone that just seems ‘off’ on Facebook

While some of these may be case by case, you need to learn to use your best judgement and truly go with your gut. Some of those sob stories may be completely true and someone may have simply had a run of bad luck, but in our experience this is rarely the case in those instances. 

(Bonus! If you have a tenant who needs to better their credit store, TenantCloud offers rent recording to help bump credit and this offers both owners and tenants win-win!)
 

Managing & Training Your Tenants

Training isn’t just for your property management and staff - but can also be used to get tenants all on the same page as well! Here are some of the situations where you can manage and train your tenants:

  • Paying rent in person; instead transition them to online payments on TenantCloud or directly deposit to your bank
  • Setting tenant communication boundaries
  • Creating expectations for maintenance requests
  • Outline rules and regulations in your lease (+ enforcing them!)
  • Enforce late fees/rent payment due dates (TenantCloud makes this one super easy by automatically applying them to late payments!)
  • Once an eviction notice has been posted any and all communication should be in writing
  • Stick to your eviction notice policy!

Our final piece of advice this week is to treat your business like a business by creating and sticking to your boundaries!

 We will catch you in the next episode!


 

Resources:

]]> Mon, 24 Apr 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/42-managing-and-training-your-tenants-tips-and-strategies-LwKM4QVW Hi, friends! We hope you are ready for some of the best tips and strategies we have for managing and ‘training’ your tenants. This week, we’re diving into red flags to watch out for when it comes to new/potential tenants (and inherited tenants!), and sharing with you some of the ways we have ‘trained’ our tenants to shift them onto our property management software and follow basic rental procedures. Let’s dive in!
 

Red Flags

  • Sob story tenants
  • Wants to  pay multiple months of rent at a time/upfront
  • Carries ‘cash in hand’ the day they tour the unit to rent ASAP
  • Has no rental history
  • Bad credit score (medical bills excluded)
  • Someone that just seems ‘off’ on Facebook

While some of these may be case by case, you need to learn to use your best judgement and truly go with your gut. Some of those sob stories may be completely true and someone may have simply had a run of bad luck, but in our experience this is rarely the case in those instances. 

(Bonus! If you have a tenant who needs to better their credit store, TenantCloud offers rent recording to help bump credit and this offers both owners and tenants win-win!)
 

Managing & Training Your Tenants

Training isn’t just for your property management and staff - but can also be used to get tenants all on the same page as well! Here are some of the situations where you can manage and train your tenants:

  • Paying rent in person; instead transition them to online payments on TenantCloud or directly deposit to your bank
  • Setting tenant communication boundaries
  • Creating expectations for maintenance requests
  • Outline rules and regulations in your lease (+ enforcing them!)
  • Enforce late fees/rent payment due dates (TenantCloud makes this one super easy by automatically applying them to late payments!)
  • Once an eviction notice has been posted any and all communication should be in writing
  • Stick to your eviction notice policy!

Our final piece of advice this week is to treat your business like a business by creating and sticking to your boundaries!

 We will catch you in the next episode!


 

Resources:

]]> WIIRE 042: Managing and Training Your Tenants: Tips and Strategies Amelia McGee, Grace Gudenkauf 00:40:13 Hi, friends! We hope you are ready for some of the best tips and strategies we have for managing and ‘training’ your tenants. This week, we’re diving into red flags to watch out for when it comes to new/potential tenants (and inherited tenants!), and sharing with you some of the ways we have ‘trained’ our tenants to shift them onto our property management software and follow basic rental procedures. Let’s dive in! Hi, friends! We hope you are ready for some of the best tips and strategies we have for managing and ‘training’ your tenants. This week, we’re diving into red flags to watch out for when it comes to new/potential tenants (and inherited tenants!), and sharing with you some of the ways we have ‘trained’ our tenants to shift them onto our property management software and follow basic rental procedures. Let’s dive in! rental property, wiire community, real estate, managing tenants, tenant strategies, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, tenants, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 42 9eda40de-6eb5-4aac-86ca-be5e73649bb1 WIIRE 041: The Importance of Property Management Software: Insights from TenantCloud CEO Mark Dehaan Hi friends! Welcome back to another podcast episode! This week we’re joined by Mark Dehaan, CEO of TenantCloud, and were chatting all things PM software, from how TenantCloud got started to what is in the works for them now, plus why we both love using this software every day in our businesses! Let’s dive in.

Mark is a father of four, based in Salt Lake City, Utah. He loves family activities and all things outdoors and first got his start as the co-founder of Rentler. Rentler is a brand within TenantCloud focusing on listings, with TenantCloud being the property management software tool. Mark's parents have a background in real estate and investing and having done some real estate investing himself, he understood the need for not just a good tool, but a great tool. He partnered up with a friend to launch Rentler and down the road they merged with TenantCloud. 

TenantCloud, as you all know, is near and dear to our hearts. Grace has been a long-time Tenant Cloud user and recently converted Amelia over to using it in her business. TenantCloud has grown immensely and has built a team all over the world supporting landlords, property owners, investors, tenants, and more with their unique and highly innovative software tool.

TenantCloud has so many amazing features and we’re still discovering more and more of them constantly because they are constantly coming up with new features for all of their users. 
 

Some of the features that make TenantCloud stand out against its competition are:

  • Offers tenant, property manager, landlord, and owner portals
  • Allows you to sign leases, collect rent, handle maintenance requests, and communicate with tenants - in a simplified user experience
  • You can push your listings out across multiple platforms
  • Accounting features such as expense tracking + other tax features to make it easy to hand off your financial records to your CPA
  • TenantCloud offers the lowest barrier to entry for tenants
     

Some of our favorite TenantCloud features are:

  • Offers an amazing amount of power on a highly user-friendly interface
  • Easy to bring your team onto your portal (tenants, maintenance team, etc)
  • Ability to grow your business without constant price increases for adding more units to your portfolio
  • Property Board for messaging multiple tenants in one multi-unit property
  • Excellent customer service, resources, and FAQs


If you are just starting to look for a property management software tool, here are the bare bones of what you should be looking for in a tool:

  1. Rent collection
  2. Lease signing
  3. Maintenance requests
  4. Tenant messaging


TenantCloud also has some amazing features coming down the pipeline and Mark gave us a sneak peek! A few things you can watch for are:

  • Accounting/reconciliation features for tax season
  • Customizable application screen by adding income verification
  • Opt-in for credit reporting for tenants to help them boost their credit score (amazing!)


A major focus of TenantCloud’s business model is to do the heavy lifting, for you. They want to see your business grow and are there to help you do exactly that. 

That’s all for this week, friends! We’ll catch you in the next WIIRE episode!
 


 

Resources:

]]> Mon, 17 Apr 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Mark Dehaan, Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/41-the-importance-of-property-management-software-insights-from-tenantcloud-ceo-mark-dehaan-UqnS6OIk Hi friends! Welcome back to another podcast episode! This week we’re joined by Mark Dehaan, CEO of TenantCloud, and were chatting all things PM software, from how TenantCloud got started to what is in the works for them now, plus why we both love using this software every day in our businesses! Let’s dive in.

Mark is a father of four, based in Salt Lake City, Utah. He loves family activities and all things outdoors and first got his start as the co-founder of Rentler. Rentler is a brand within TenantCloud focusing on listings, with TenantCloud being the property management software tool. Mark's parents have a background in real estate and investing and having done some real estate investing himself, he understood the need for not just a good tool, but a great tool. He partnered up with a friend to launch Rentler and down the road they merged with TenantCloud. 

TenantCloud, as you all know, is near and dear to our hearts. Grace has been a long-time Tenant Cloud user and recently converted Amelia over to using it in her business. TenantCloud has grown immensely and has built a team all over the world supporting landlords, property owners, investors, tenants, and more with their unique and highly innovative software tool.

TenantCloud has so many amazing features and we’re still discovering more and more of them constantly because they are constantly coming up with new features for all of their users. 
 

Some of the features that make TenantCloud stand out against its competition are:

  • Offers tenant, property manager, landlord, and owner portals
  • Allows you to sign leases, collect rent, handle maintenance requests, and communicate with tenants - in a simplified user experience
  • You can push your listings out across multiple platforms
  • Accounting features such as expense tracking + other tax features to make it easy to hand off your financial records to your CPA
  • TenantCloud offers the lowest barrier to entry for tenants
     

Some of our favorite TenantCloud features are:

  • Offers an amazing amount of power on a highly user-friendly interface
  • Easy to bring your team onto your portal (tenants, maintenance team, etc)
  • Ability to grow your business without constant price increases for adding more units to your portfolio
  • Property Board for messaging multiple tenants in one multi-unit property
  • Excellent customer service, resources, and FAQs


If you are just starting to look for a property management software tool, here are the bare bones of what you should be looking for in a tool:

  1. Rent collection
  2. Lease signing
  3. Maintenance requests
  4. Tenant messaging


TenantCloud also has some amazing features coming down the pipeline and Mark gave us a sneak peek! A few things you can watch for are:

  • Accounting/reconciliation features for tax season
  • Customizable application screen by adding income verification
  • Opt-in for credit reporting for tenants to help them boost their credit score (amazing!)


A major focus of TenantCloud’s business model is to do the heavy lifting, for you. They want to see your business grow and are there to help you do exactly that. 

That’s all for this week, friends! We’ll catch you in the next WIIRE episode!
 


 

Resources:

]]> WIIRE 041: The Importance of Property Management Software: Insights from TenantCloud CEO Mark Dehaan Mark Dehaan, Grace Gudenkauf, Amelia McGee 00:25:35 Hi friends! Welcome back to another podcast episode! This week we’re joined by Mark Dehaan, CEO of TenantCloud, and were chatting all things PM software, from how TenantCloud got started to what is in the works for them now, plus why we both love using this software every day in our businesses! Let’s dive in. Hi friends! Welcome back to another podcast episode! This week we’re joined by Mark Dehaan, CEO of TenantCloud, and were chatting all things PM software, from how TenantCloud got started to what is in the works for them now, plus why we both love using this software every day in our businesses! Let’s dive in. rental property, tenantcloud, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 41 512c8c69-5308-4c4c-b18e-18806adc7299 WIIRE 040: 5 Must-Do's for Your Rental Business Hi, friends welcome back to another podcast episode. This week we're going to talk about the five things that you should do right away when setting up your REI business. This episode is near and dear to us as we're both guilty of missing a few steps along the way when we were getting started! Even if you've already established an REI business, putting these five things into practice will make a massive difference in your business in the long run.

 

#1 Bookkeeping

Whether you're choosing to outsource your bookkeeping or do it yourself, make sure you set yourself up for success by starting your bookkeeping processes early. We highly recommend using QuickBooks, but there are so many options on the market if it’s not in your budget. When it comes to setting up your QuickBooks or bookkeeping software, we also recommend that you hire a professional to set it up, that way you could choose to self-manage it and do the updating, categorizations, etc. as you go, to give you a hands-on look your finances on a regular basis. Along with hiring a bookkeeper, we also recommend finding a CPA who is well-versed in real estate tax processes.
 

#2 Open A Business Bank Account & Credit Card

We both prefer Capital One because you can generally get approved even without a business credit history and their app is very user-friendly, allowing you to easily see all of your finances in one place. Ideally, we recommend having one account per business entity.

 

#3 Create Business Profiles

One of the first things you absolutely need is an email address. We also recommend getting a Google Voice number to keep your personal number, personal. You also might consider setting up a PO Box so you don't have to give out your personal address if you don't have an office space, and bonus points if you set up your business social media accounts!
 

#4 Get Setup On A Property Management Software

This is another one of those things we recommend starting early because it will make your life so much easier in the long run. Using a property management tool will allow you to house all of your tenant communication, collect rent, get leases signed, and so much more, and keep everything organized and in one place. Tenantcloud has an excellent free version we recommend checking out. One of the biggest perks of property management tools is that late fees are automatically applied to rent, so you don't even have to think about applying them when rent is past due.

 

#5 Create Your SOPs

Start out by creating a checklist of everything you're doing; what happens and when. Document all of your processes: everything you do in your business day to day, month to month, week to week, year to year.  These checklists become your SOPs (Standard Operating Procedures) and what allows you to do things like train future employees, hire a property manager, or just keep yourself accountable. It should contain the ins and outs of how you run your business and can be as simple as a Google doc. Having SOPs in place helps to decrease decision-making and make sure that things don't slip through the cracks.

 

As we say: learn from our mistakes. don't do what we did but heed our advice and put these into practice now;  you'll thank us later.

That's all we have for you this week. We appreciate each of you tuning in every week and if you haven't we would really appreciate it if you would leave us a review wherever you listen to your podcasts. Reading each review brings us so much joy and really helps us get to know our audience a little bit better.

 We will catch you in the next episode!

 

 

Resources:

]]> Mon, 10 Apr 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/40-5-must-dos-for-your-rental-business-J6TY4F_F Hi, friends welcome back to another podcast episode. This week we're going to talk about the five things that you should do right away when setting up your REI business. This episode is near and dear to us as we're both guilty of missing a few steps along the way when we were getting started! Even if you've already established an REI business, putting these five things into practice will make a massive difference in your business in the long run.

 

#1 Bookkeeping

Whether you're choosing to outsource your bookkeeping or do it yourself, make sure you set yourself up for success by starting your bookkeeping processes early. We highly recommend using QuickBooks, but there are so many options on the market if it’s not in your budget. When it comes to setting up your QuickBooks or bookkeeping software, we also recommend that you hire a professional to set it up, that way you could choose to self-manage it and do the updating, categorizations, etc. as you go, to give you a hands-on look your finances on a regular basis. Along with hiring a bookkeeper, we also recommend finding a CPA who is well-versed in real estate tax processes.
 

#2 Open A Business Bank Account & Credit Card

We both prefer Capital One because you can generally get approved even without a business credit history and their app is very user-friendly, allowing you to easily see all of your finances in one place. Ideally, we recommend having one account per business entity.

 

#3 Create Business Profiles

One of the first things you absolutely need is an email address. We also recommend getting a Google Voice number to keep your personal number, personal. You also might consider setting up a PO Box so you don't have to give out your personal address if you don't have an office space, and bonus points if you set up your business social media accounts!
 

#4 Get Setup On A Property Management Software

This is another one of those things we recommend starting early because it will make your life so much easier in the long run. Using a property management tool will allow you to house all of your tenant communication, collect rent, get leases signed, and so much more, and keep everything organized and in one place. Tenantcloud has an excellent free version we recommend checking out. One of the biggest perks of property management tools is that late fees are automatically applied to rent, so you don't even have to think about applying them when rent is past due.

 

#5 Create Your SOPs

Start out by creating a checklist of everything you're doing; what happens and when. Document all of your processes: everything you do in your business day to day, month to month, week to week, year to year.  These checklists become your SOPs (Standard Operating Procedures) and what allows you to do things like train future employees, hire a property manager, or just keep yourself accountable. It should contain the ins and outs of how you run your business and can be as simple as a Google doc. Having SOPs in place helps to decrease decision-making and make sure that things don't slip through the cracks.

 

As we say: learn from our mistakes. don't do what we did but heed our advice and put these into practice now;  you'll thank us later.

That's all we have for you this week. We appreciate each of you tuning in every week and if you haven't we would really appreciate it if you would leave us a review wherever you listen to your podcasts. Reading each review brings us so much joy and really helps us get to know our audience a little bit better.

 We will catch you in the next episode!

 

 

Resources:

]]> WIIRE 040: 5 Must-Do's for Your Rental Business Amelia McGee, Grace Gudenkauf 00:20:38 This week we're going to talk about the five things that you should do right away when setting up your REI business. This episode is near and dear to us as we're both guilty of missing a few steps along the way when we were getting started! Even if you've already established an REI business, putting these five things into practice will make a massive difference in your business in the long run. This week we're going to talk about the five things that you should do right away when setting up your REI business. This episode is near and dear to us as we're both guilty of missing a few steps along the way when we were getting started! Even if you've already established an REI business, putting these five things into practice will make a massive difference in your business in the long run. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 40 fc7b0adf-376e-481e-a1e4-d4ffc551b413 WIIRE 039: Alternative Ways to Rent Your Midterm Rental Hey everyone, welcome back to the Women Invest In Real Estate podcast! We're so happy you're here. This week, we're bringing you another midterm rental episode, and this time we’re talking about alternative ways to rent your midterm rentals. We're super excited about this because both of us are realizing that we need to be more active in targeting a wider group of traveling professionals, other than simply focusing on travel nurses. Let's get started!

 

Contractors

Amelia actually also loves to rent to travel contractors! Already having two travel contractors lined up to rent an MTR from her this summer, this profession is becoming much more common and it's definitely worth having in your arsenal. These tenants will be renting an MTR from her for about 5 months over the summer months, which is when construction really starts to pick up in Iowa. She is also leaving the units vacant for a bit longer than she normally would because she knows she's going to have this longer booking which makes it worth her while to have a longer vacancy. For these tenants, their company is actually paying the bill directly. The individual is on the lease, but the accountants from the companies are the ones paying the rent. Also, if you haven't caught on, Amelia prefers to rent to male tenants since they tend to cause fewer issues and do things like small repairs themselves versus calling her to take care of them.

Grace had a lead for a contractor who came in the month of December and wanted a year-long lease for an MTR property. She wanted to start with 4 months and ultimately wanted to be able to extend to a year but she also wanted a unit with a garage and unfortunately Grace didn't have one available at the time. She did not score that tenant but looking back she realizes she should have done everything she could to get that year-long lease. Additionally, Grace's uncle also is in real estate and tends to rent his unfurnished properties to a lot of gutter crews who come in from out of state. For the most part, these crews are there to eat and sleep and typically pay top dollar for the units. They bring their own air mattresses and live the simple life during their stay just because they can't or don't want to pay $100+ dollars a night for a hotel.
 

Corporate Clients

Next to travel nurses, corporate professionals are another big market to tap into. Grace knew that corporate professionals could be a great target market after working in the corporate world for a time. There are lots of employees, clients, interns, etc., who travel for a few months at a time for their company. In many cases, the company/business actually rent the unit and houses whoever they need to during the course of the lease. 

With corporate clients, you also want to keep in mind that for the most part, they are looking for higher-end properties that have a bit more polish. If you have a property in a great area with a spacious yard, garage, or even a really nice loft or apartment building, this could be a great market to look into targeting. Lastly, corporate leases also won't just fall into your lap you'll need to do some leg work and go on the offense to find these contracts.
 

Insurance Companies

Insurance companies, in our opinion, are probably the most high effort but likely offers the higher reward on the list. While we may have gotten close, we simply have not rented to this particular market yet. The idea is that you hook yourself up with insurance companies and when they have a family or individual whose home is uninhabitable due to a fire, storm, etc., they put them into your property at their expense. Typically they get a stipend or monthly allowance so this is another market where you can charge quite a bit more for rent. You basically become a short-term, midterm, or possibly even a long-term housing provider, while their home is being renovated.

One of the more challenging aspects of targeting insurance companies is that there is less often a need for this type of housing so you really need to have availability when the company calls on you. This is best suited if you have multiple properties in the area, for availability purposes, but not out of the realm of possibilities if you only have one.

 

Lastly, if you’ve been tuning in and haven’t left us a review on Apple Podcasts, Spotify, or wherever you tune in from, we would love it if you could take 1-2 minutes and leave us a review! Those reviews mean the absolute world to us and helps us so much!

Thank you so much for listening and we'll catch you next time!

 

 

Resources:

]]> Mon, 3 Apr 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/39-alternative-ways-to-rent-your-midterm-rental-Z07j7T9m Hey everyone, welcome back to the Women Invest In Real Estate podcast! We're so happy you're here. This week, we're bringing you another midterm rental episode, and this time we’re talking about alternative ways to rent your midterm rentals. We're super excited about this because both of us are realizing that we need to be more active in targeting a wider group of traveling professionals, other than simply focusing on travel nurses. Let's get started!

 

Contractors

Amelia actually also loves to rent to travel contractors! Already having two travel contractors lined up to rent an MTR from her this summer, this profession is becoming much more common and it's definitely worth having in your arsenal. These tenants will be renting an MTR from her for about 5 months over the summer months, which is when construction really starts to pick up in Iowa. She is also leaving the units vacant for a bit longer than she normally would because she knows she's going to have this longer booking which makes it worth her while to have a longer vacancy. For these tenants, their company is actually paying the bill directly. The individual is on the lease, but the accountants from the companies are the ones paying the rent. Also, if you haven't caught on, Amelia prefers to rent to male tenants since they tend to cause fewer issues and do things like small repairs themselves versus calling her to take care of them.

Grace had a lead for a contractor who came in the month of December and wanted a year-long lease for an MTR property. She wanted to start with 4 months and ultimately wanted to be able to extend to a year but she also wanted a unit with a garage and unfortunately Grace didn't have one available at the time. She did not score that tenant but looking back she realizes she should have done everything she could to get that year-long lease. Additionally, Grace's uncle also is in real estate and tends to rent his unfurnished properties to a lot of gutter crews who come in from out of state. For the most part, these crews are there to eat and sleep and typically pay top dollar for the units. They bring their own air mattresses and live the simple life during their stay just because they can't or don't want to pay $100+ dollars a night for a hotel.
 

Corporate Clients

Next to travel nurses, corporate professionals are another big market to tap into. Grace knew that corporate professionals could be a great target market after working in the corporate world for a time. There are lots of employees, clients, interns, etc., who travel for a few months at a time for their company. In many cases, the company/business actually rent the unit and houses whoever they need to during the course of the lease. 

With corporate clients, you also want to keep in mind that for the most part, they are looking for higher-end properties that have a bit more polish. If you have a property in a great area with a spacious yard, garage, or even a really nice loft or apartment building, this could be a great market to look into targeting. Lastly, corporate leases also won't just fall into your lap you'll need to do some leg work and go on the offense to find these contracts.
 

Insurance Companies

Insurance companies, in our opinion, are probably the most high effort but likely offers the higher reward on the list. While we may have gotten close, we simply have not rented to this particular market yet. The idea is that you hook yourself up with insurance companies and when they have a family or individual whose home is uninhabitable due to a fire, storm, etc., they put them into your property at their expense. Typically they get a stipend or monthly allowance so this is another market where you can charge quite a bit more for rent. You basically become a short-term, midterm, or possibly even a long-term housing provider, while their home is being renovated.

One of the more challenging aspects of targeting insurance companies is that there is less often a need for this type of housing so you really need to have availability when the company calls on you. This is best suited if you have multiple properties in the area, for availability purposes, but not out of the realm of possibilities if you only have one.

 

Lastly, if you’ve been tuning in and haven’t left us a review on Apple Podcasts, Spotify, or wherever you tune in from, we would love it if you could take 1-2 minutes and leave us a review! Those reviews mean the absolute world to us and helps us so much!

Thank you so much for listening and we'll catch you next time!

 

 

Resources:

]]> WIIRE 039: Alternative Ways to Rent Your Midterm Rental Grace Gudenkauf, Amelia McGee 00:24:28 Hey everyone, welcome back to the Women Invest In Real Estate podcast! We're so happy you're here. This week, we're bringing you another midterm rental episode, and this time we’re talking about alternative ways to rent your midterm rentals. We're super excited about this because both of us are realizing that we need to be more active in targeting a wider group of traveling professionals, other than simply focusing on travel nurses. Let's get started! Hey everyone, welcome back to the Women Invest In Real Estate podcast! We're so happy you're here. This week, we're bringing you another midterm rental episode, and this time we’re talking about alternative ways to rent your midterm rentals. We're super excited about this because both of us are realizing that we need to be more active in targeting a wider group of traveling professionals, other than simply focusing on travel nurses. Let's get started! rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 39 279ee53a-632c-41f2-b76a-eeff7f5a574e WIIRE 038: Using Facebook to Find Free Seller Finance Leads with Jenn & Joe Delle Fave Welcome back to the fourth and final episode in our creative finance mini-series with Jenn and Joe Delle Fave. In this episode, we’re going to talk about using Facebook to source creative finance deals, because Jenn and Joe do a fantastic job of using this free resource to find tons of leads.

Check out the first three episodes of this miniseries:

As you know, Jenn and Joe have been doing this full-time since March 2020, but they began their real estate journey back in 2017 and that is when they really started diving into using Facebook and social media to spread the word about their business. In 2017 Jenn surprised Joe by telling him that they were about to go live on Facebook to show off the Rehab on a house that they were going to be doing. Joe had no idea what Jenn was even talking about because going live on social media really wasn't a big thing yet. Like a deer in headlights, Jenn started the camera rolling on Joe, and it grew from there. 

Jenn's thought process behind it was that if people could sell things on social media like vitamins, jewelry, and Beachbody workouts, why couldn't they sell (or rent) real estate? It quickly escalated and Jenn and Joe realized that if they could find buyers for properties they could likely find sellers as well. 

Having a personal Facebook page is one thing, but starting a business Facebook page is much different and gives you a much more professional presence on social media. Jenn and Joe's early social media presence was minimal and mostly from the buying side. They occasionally would list properties they had for sale and they realized that the more involved they were with the post, the more traction the posts got. They gained the most traction by going live on their page. After using local Facebook groups to gain more traction, they eventually graduated to doing sponsored ads, but they still love live videos. They are also proponents of referral offers; these typically tend to be great leads. Bonus points if you share a photo or video of the referral on your social channels!

Maybe you’re ready to grow your Facebook presence but don’t have deals under your belt yet. Use photos you find online of what you're looking for. When you share what you're looking for on social media people can come to you with what they have or what they find when they're out and about. Post a photo of a fixer-upper with the caption “I buy houses just like this, do you know anyone selling a property like this one?” No one knows (or needs to know) that it’s not actually your house from a previous deal, it's simply what you're looking to buy. People want to see you, and buy into you; they want to see what you are up to in your business.

While it does take time to set up your Facebook account the right way, it doesn’t cost a thing. It doesn’t need to be glamorous, it just needs to be about you and your business. Posts and content that include a human face perform better than those that don’t. This is an excellent way to build that ‘know, like, and trust’ factor, without actually meeting someone in person.

Thanks for listening friends! We’ll catch you in the next episode!

 

 

Resources:

]]> Mon, 27 Mar 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Joe Delle Fave, Jenn Delle Fave, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/38-using-facebook-to-find-free-seller-finance-leads-with-jenn-joe-delle-fave-H_KUBHiL Welcome back to the fourth and final episode in our creative finance mini-series with Jenn and Joe Delle Fave. In this episode, we’re going to talk about using Facebook to source creative finance deals, because Jenn and Joe do a fantastic job of using this free resource to find tons of leads.

Check out the first three episodes of this miniseries:

As you know, Jenn and Joe have been doing this full-time since March 2020, but they began their real estate journey back in 2017 and that is when they really started diving into using Facebook and social media to spread the word about their business. In 2017 Jenn surprised Joe by telling him that they were about to go live on Facebook to show off the Rehab on a house that they were going to be doing. Joe had no idea what Jenn was even talking about because going live on social media really wasn't a big thing yet. Like a deer in headlights, Jenn started the camera rolling on Joe, and it grew from there. 

Jenn's thought process behind it was that if people could sell things on social media like vitamins, jewelry, and Beachbody workouts, why couldn't they sell (or rent) real estate? It quickly escalated and Jenn and Joe realized that if they could find buyers for properties they could likely find sellers as well. 

Having a personal Facebook page is one thing, but starting a business Facebook page is much different and gives you a much more professional presence on social media. Jenn and Joe's early social media presence was minimal and mostly from the buying side. They occasionally would list properties they had for sale and they realized that the more involved they were with the post, the more traction the posts got. They gained the most traction by going live on their page. After using local Facebook groups to gain more traction, they eventually graduated to doing sponsored ads, but they still love live videos. They are also proponents of referral offers; these typically tend to be great leads. Bonus points if you share a photo or video of the referral on your social channels!

Maybe you’re ready to grow your Facebook presence but don’t have deals under your belt yet. Use photos you find online of what you're looking for. When you share what you're looking for on social media people can come to you with what they have or what they find when they're out and about. Post a photo of a fixer-upper with the caption “I buy houses just like this, do you know anyone selling a property like this one?” No one knows (or needs to know) that it’s not actually your house from a previous deal, it's simply what you're looking to buy. People want to see you, and buy into you; they want to see what you are up to in your business.

While it does take time to set up your Facebook account the right way, it doesn’t cost a thing. It doesn’t need to be glamorous, it just needs to be about you and your business. Posts and content that include a human face perform better than those that don’t. This is an excellent way to build that ‘know, like, and trust’ factor, without actually meeting someone in person.

Thanks for listening friends! We’ll catch you in the next episode!

 

 

Resources:

]]> WIIRE 038: Using Facebook to Find Free Seller Finance Leads with Jenn & Joe Delle Fave Grace Gudenkauf, Joe Delle Fave, Jenn Delle Fave, Amelia McGee 00:23:19 Welcome back to the fourth and final episode in our creative finance mini-series with Jenn and Joe Delle Fave. In this WIIRE episode, we’re going to talk about using Facebook to source creative finance deals, because Jenn and Joe do a fantastic job of using this free resource to find tons of leads. Welcome back to the fourth and final episode in our creative finance mini-series with Jenn and Joe Delle Fave. In this WIIRE episode, we’re going to talk about using Facebook to source creative finance deals, because Jenn and Joe do a fantastic job of using this free resource to find tons of leads. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, seller finance, growth mindset, property management, rei, mtr, facebook leads, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, facebook, real estate advice, rei conversations, investment, women investing in real estate true full 38 2a192146-6eea-4d5e-8ee7-f6aef2092f6f WIIRE 037: Rent to Own with Jenn & Joe Delle Fave Welcome back to the Women Invest In Real Estate podcast! This is episode three is our four-part mini-series with Jenn and Joe Delle Fave and we are so excited to dive into today's topic: rent to own. Rent to own has a very specific creative financing strategy that Jenn and Joe are well-versed in.

But, before we get started if you haven't listened to the first two episodes in this mini-series follow these links to check them out:

Jenn and Joe began implementing the rent-to-own strategy in 2017. They had a handful of single-family homes rentals at the time and the thought of being a landlord became overwhelming and simply put, daunting. They were self-managing all of their rentals when they stumbled upon this new process and they decided to take it head-on. The summer of 2017 was a crazy summer for Jenn and Joe. all of their leases were coming due so they decided to give their tenants first right if they wanted to purchase the homes, which none of them did. They all moved out and Jenn and Joe converted all of the single-family homes into rent-to-own properties. 

The reason why they love this strategy so much is that they get to help their renters turn themselves into homeowners; what many would call the American dream. While they’re technically losing doors if tenants buy the property but that's okay because they can always get more doors. Their goal is to work with tenant-buyers and collect a large non-refundable option deposit upfront before they move in.

The tenants then continue to pay monthly rent and Jenn and Joe make cash flow each month. also with rent to own the tenant-buyer is responsible for items such as maintenance, any repairs to the property, and all utilities. Also, the tenant is more likely to keep up with all of the repairs and home maintenance when they're planning to purchase the home in the long run and they've already paid the non-refundable option deposit. Those tenants are treating the home like their very own, decorating landscaping and making it theirs and that is a really cool thing to be able to do for someone who might not otherwise have the opportunity to purchase a home.

Some of their favorite ways to advertise their rent-to-own properties are:

  • Facebook groups and/or marketplace (surprise, our favorite too!)
  • Craigslist
  • Zillow
  • Road signs
  • …Any…way…possible!

With all of these methods, you can typically expect a huge influx of interest, but the key to filtering through all of them is to look specifically for the people who have that non-refundable option deposit, in hand.

That concludes episode three of our four-part creative financing series with Jenn and Joe, make sure you tune in next week for the fourth and final episode! We’ll catch you next week, friends!

 

 

Resources:

]]> Mon, 20 Mar 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Joe Delle Fave, Grace Gudenkauf, Jenn Delle Fave) https://women-invest-in-real-estate.simplecast.com/episodes/37-rent-to-own-with-jenn-joe-delle-fave-9s2ZXqKa Welcome back to the Women Invest In Real Estate podcast! This is episode three is our four-part mini-series with Jenn and Joe Delle Fave and we are so excited to dive into today's topic: rent to own. Rent to own has a very specific creative financing strategy that Jenn and Joe are well-versed in.

But, before we get started if you haven't listened to the first two episodes in this mini-series follow these links to check them out:

Jenn and Joe began implementing the rent-to-own strategy in 2017. They had a handful of single-family homes rentals at the time and the thought of being a landlord became overwhelming and simply put, daunting. They were self-managing all of their rentals when they stumbled upon this new process and they decided to take it head-on. The summer of 2017 was a crazy summer for Jenn and Joe. all of their leases were coming due so they decided to give their tenants first right if they wanted to purchase the homes, which none of them did. They all moved out and Jenn and Joe converted all of the single-family homes into rent-to-own properties. 

The reason why they love this strategy so much is that they get to help their renters turn themselves into homeowners; what many would call the American dream. While they’re technically losing doors if tenants buy the property but that's okay because they can always get more doors. Their goal is to work with tenant-buyers and collect a large non-refundable option deposit upfront before they move in.

The tenants then continue to pay monthly rent and Jenn and Joe make cash flow each month. also with rent to own the tenant-buyer is responsible for items such as maintenance, any repairs to the property, and all utilities. Also, the tenant is more likely to keep up with all of the repairs and home maintenance when they're planning to purchase the home in the long run and they've already paid the non-refundable option deposit. Those tenants are treating the home like their very own, decorating landscaping and making it theirs and that is a really cool thing to be able to do for someone who might not otherwise have the opportunity to purchase a home.

Some of their favorite ways to advertise their rent-to-own properties are:

  • Facebook groups and/or marketplace (surprise, our favorite too!)
  • Craigslist
  • Zillow
  • Road signs
  • …Any…way…possible!

With all of these methods, you can typically expect a huge influx of interest, but the key to filtering through all of them is to look specifically for the people who have that non-refundable option deposit, in hand.

That concludes episode three of our four-part creative financing series with Jenn and Joe, make sure you tune in next week for the fourth and final episode! We’ll catch you next week, friends!

 

 

Resources:

]]> WIIRE 037: Rent to Own with Jenn & Joe Delle Fave Amelia McGee, Joe Delle Fave, Grace Gudenkauf, Jenn Delle Fave 00:33:01 Welcome back to the Women Invest In Real Estate podcast! This is episode three is our four-part mini-series with Jenn and Joe Delle Fave and we are so excited to dive into today's topic: rent to own. Rent to own has a very specific creative financing strategy that Jenn and Joe are well-versed in. Welcome back to the Women Invest In Real Estate podcast! This is episode three is our four-part mini-series with Jenn and Joe Delle Fave and we are so excited to dive into today's topic: rent to own. Rent to own has a very specific creative financing strategy that Jenn and Joe are well-versed in. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rent to own, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 37 c2bf0560-dd3b-44b5-a627-c70c4f8206e8 WIIRE 036: How to Negotiate Creative Finance Real Estate Deals with Jenn & Joe Delle Fave Welcome back to the Women Invest In Real Estate podcast, friends! This episode is part 2 of our 4-episode mini-series with investors and creative finance specialists, Jenn & Joe Delle Fave. This week, we’re diving into how to find creative finance deals and what to say to a seller to get the conversation started, plus we’re walking through how to put together and negotiate a creative finance deal from start to finish. Let’s get started!

If you haven’t already, go back and listen to episode 35, where Jenn & Joe broke down the most common creative financing methods. 

“If you don’t have leads, you don’t have a business.”

How do you find creative financing leads?

One of Jenn & Joe’s favorite ways to find leads is actually by connecting with people on social media, specifically Facebook (also one of our favorites as well). Believe it or not, Facebook is one of the largest platforms that people go to list properties they’re trying to sell. But, they’re not looking in real estate groups. They look at local buy, sell, trade pages, and also local garage sale pages to find leads as well. 

 

What do you say to the seller when you want to propose a creative finance deal?

One of the best parts of Jenn & Joe’s Creative Finance Playbook (keep reading!) is the script they give you to use in this exact scenario. It’s all about asking the right questions to keep the conversation moving forward. The most important piece of this is to make sure you find out why they are selling so you can pinpoint how you can best help them reach their goals and stay in alignment with your own. 
 

How do you fill out a creative financing purchase agreement?

While each deal can differ based on terms, the basics remain the same. Jenn & Joe use a standard purchase sellers agreement for their county that outlines:

  • Who is the buyer
  • Who is the seller
  • Both parties information
  • Payment terms (including: purchase price, monthly payment, term length, money down, or any other comments/notes)
  • Any addendums or other required information

All of this information will be forwarded to your attorney who will put together the final agreement. 

Thanks for listening friends, make sure you tune in again next week for part 3! We’ll catch you in the next episode!

 

 

Resources:

]]> Mon, 13 Mar 2023 06:00:00 +0000 hello@womeninvestinrealestate.com (Joe Delle Fave, Grace Gudenkauf, Amelia McGee, Jenn Delle Fave) https://women-invest-in-real-estate.simplecast.com/episodes/36-how-to-negotiate-creative-finance-real-estate-deals-with-jenn-joe-delle-fave-CAU7kxuL Welcome back to the Women Invest In Real Estate podcast, friends! This episode is part 2 of our 4-episode mini-series with investors and creative finance specialists, Jenn & Joe Delle Fave. This week, we’re diving into how to find creative finance deals and what to say to a seller to get the conversation started, plus we’re walking through how to put together and negotiate a creative finance deal from start to finish. Let’s get started!

If you haven’t already, go back and listen to episode 35, where Jenn & Joe broke down the most common creative financing methods. 

“If you don’t have leads, you don’t have a business.”

How do you find creative financing leads?

One of Jenn & Joe’s favorite ways to find leads is actually by connecting with people on social media, specifically Facebook (also one of our favorites as well). Believe it or not, Facebook is one of the largest platforms that people go to list properties they’re trying to sell. But, they’re not looking in real estate groups. They look at local buy, sell, trade pages, and also local garage sale pages to find leads as well. 

 

What do you say to the seller when you want to propose a creative finance deal?

One of the best parts of Jenn & Joe’s Creative Finance Playbook (keep reading!) is the script they give you to use in this exact scenario. It’s all about asking the right questions to keep the conversation moving forward. The most important piece of this is to make sure you find out why they are selling so you can pinpoint how you can best help them reach their goals and stay in alignment with your own. 
 

How do you fill out a creative financing purchase agreement?

While each deal can differ based on terms, the basics remain the same. Jenn & Joe use a standard purchase sellers agreement for their county that outlines:

  • Who is the buyer
  • Who is the seller
  • Both parties information
  • Payment terms (including: purchase price, monthly payment, term length, money down, or any other comments/notes)
  • Any addendums or other required information

All of this information will be forwarded to your attorney who will put together the final agreement. 

Thanks for listening friends, make sure you tune in again next week for part 3! We’ll catch you in the next episode!

 

 

Resources:

]]> WIIRE 036: How to Negotiate Creative Finance Real Estate Deals with Jenn & Joe Delle Fave Joe Delle Fave, Grace Gudenkauf, Amelia McGee, Jenn Delle Fave 00:36:09 This episode is part 2 of our 4-episode WIIRE mini-series with investors and creative finance specialists, Jenn & Joe Delle Fave. This week, we’re diving into how to find creative finance deals and what to say to a seller to get the conversation started, plus we’re walking through how to put together and negotiate a creative finance deal from start to finish. This episode is part 2 of our 4-episode WIIRE mini-series with investors and creative finance specialists, Jenn & Joe Delle Fave. This week, we’re diving into how to find creative finance deals and what to say to a seller to get the conversation started, plus we’re walking through how to put together and negotiate a creative finance deal from start to finish. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 36 1a7047a5-1051-4831-954a-ad1d7ddf6b25 WIIRE 035: Creative Financing Methods Explained: Wrap Mortgage vs Sub To vs Seller Financing with Jenn & Joe Delle Fave Hi everyone, welcome back to the WIIRE podcast! This week we are excited to welcome our dear friends, and Grace’s mentors, Jenn & Joe Delle Fave. You’ll remember Jenn, who joined us recently in episode 33, and this week her husband Joe is joining us for a jam-packed episode about creative financing. This episode is going to be full of awesome information, plus they’re sharing a special offer for their Creative Finance Playbook just for our listeners. We’re so excited, so let’s dive in!

Joe has been buying houses as a REI for just over 20 years now. He and Jenn met about 15 years ago, they got married, and started a family together, all with regular 9-5 jobs. Joe was a finance manager at a car dealership and Jenn was a teacher. They began doing real estate on the side together and had a vision of doing it full-time and eventually turned that dream into reality in March of 2020.

Hear more about their story in episode 33 here. 

Before they even knew what BRRR meant, they were buying houses, fixing them up, then refinancing and pulling cash out of their deals. While they weren’t the first to do it, they knew their process was highly unique and they could do something different. From there, they learned how to creatively finance buying and selling properties to place themselves in this niche market. They weren’t just buying houses, they had a strategy behind their buys and a strategy behind selling properties as well.

“Creative Financing, in its simplest form is the ability to buy real estate without having to go through the traditional process.”

In this episode, we're breaking down these 4 creative financing strategies:

  • Seller Financing
  • Sub To
  • Wrap Mortgage
  • Lease Sandwich

Make sure you tune in to episodes 36, 37, and 38 to hear more about creative financing (and so much more!) from Jenn and Joe Delle Fave!

Thank you so much for joining us this week, we’ll catch you in the next episode!

 

 

Resources:

]]> Mon, 6 Mar 2023 07:00:00 +0000 hello@womeninvestinrealestate.com (Joe Delle Fave, Grace Gudenkauf, Jenn Delle Fave, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/35-creative-financing-methods-explained-wrap-mortgage-vs-sub-to-vs-seller-financing-with-jenn-joe-delle-fave-MIlst3bX Hi everyone, welcome back to the WIIRE podcast! This week we are excited to welcome our dear friends, and Grace’s mentors, Jenn & Joe Delle Fave. You’ll remember Jenn, who joined us recently in episode 33, and this week her husband Joe is joining us for a jam-packed episode about creative financing. This episode is going to be full of awesome information, plus they’re sharing a special offer for their Creative Finance Playbook just for our listeners. We’re so excited, so let’s dive in!

Joe has been buying houses as a REI for just over 20 years now. He and Jenn met about 15 years ago, they got married, and started a family together, all with regular 9-5 jobs. Joe was a finance manager at a car dealership and Jenn was a teacher. They began doing real estate on the side together and had a vision of doing it full-time and eventually turned that dream into reality in March of 2020.

Hear more about their story in episode 33 here. 

Before they even knew what BRRR meant, they were buying houses, fixing them up, then refinancing and pulling cash out of their deals. While they weren’t the first to do it, they knew their process was highly unique and they could do something different. From there, they learned how to creatively finance buying and selling properties to place themselves in this niche market. They weren’t just buying houses, they had a strategy behind their buys and a strategy behind selling properties as well.

“Creative Financing, in its simplest form is the ability to buy real estate without having to go through the traditional process.”

In this episode, we're breaking down these 4 creative financing strategies:

  • Seller Financing
  • Sub To
  • Wrap Mortgage
  • Lease Sandwich

Make sure you tune in to episodes 36, 37, and 38 to hear more about creative financing (and so much more!) from Jenn and Joe Delle Fave!

Thank you so much for joining us this week, we’ll catch you in the next episode!

 

 

Resources:

]]> WIIRE 035: Creative Financing Methods Explained: Wrap Mortgage vs Sub To vs Seller Financing with Jenn & Joe Delle Fave Joe Delle Fave, Grace Gudenkauf, Jenn Delle Fave, Amelia McGee 00:48:41 Hi everyone, welcome back to the WIIRE podcast! This week we are excited to welcome our dear friends, and Grace’s mentors, Jenn & Joe Delle Fave. You’ll remember Jenn, who joined us recently in episode 33, and this week her husband Joe is joining us for a jam-packed episode about creative financing. This episode is going to be full of awesome information, plus they’re sharing a special offer for their Creative Finance Playbook just for our listeners. We’re so excited, so let’s dive in! Hi everyone, welcome back to the WIIRE podcast! This week we are excited to welcome our dear friends, and Grace’s mentors, Jenn & Joe Delle Fave. You’ll remember Jenn, who joined us recently in episode 33, and this week her husband Joe is joining us for a jam-packed episode about creative financing. This episode is going to be full of awesome information, plus they’re sharing a special offer for their Creative Finance Playbook just for our listeners. We’re so excited, so let’s dive in! rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 35 c2c3bf7f-cb1e-4aa0-bf5f-04b215df93f1 WIIRE 034: Management Tools for Midterm Rentals with Amelia & Grace Hello everyone, welcome back to another podcast episode. This week we're talking about our favorite topic (again), mid-term rentals! This is not only one of our favorite topics but from the feedback we’ve been getting we are learning it is your favorite topic too (amazing!)! So in this week’s WIIRE podcast episode, we will be walking you through all of the software we use in our businesses to manage our MTRs!

We have learned so much about the various software tools as we have moved through the various stages of our businesses and we are so excited to be able to break down what has worked, what didn’t, and are sharing some of our best tips or running a successful MTR. When we each launched our businesses we didn’t have a ‘list’ of software tools, but instead, we learned as we went along so we’re going to save you a lot of legwork by sharing all of our research and lessons learned. Let’s dive in!

Tool #1: FurnishedFinder

This should be the very first place you go to market your MTR to potential tenants. They specifically target the traveling nurse niche of the market, along with some other traveling professionals, and will find so many leads from this one place! FurnishedFinder is the place for you to be when you are ready to list your property because this is where you will find so many leads. You will receive booking inquiries and housing requests, but it is also important to remember to be actively reaching out to potential leads, rather than waiting on them to reach out to you, first.

Tool #2: TenantCloud

TenantCloud is an amazing website that will help you move tenants off of FurnishedFinder and into a property management space with ease. Once you have found your lead on FurnishedFinder, you can migrate them over to TenantCloud, which allows you to do everything from creating leases, maintenance requests, communication, invoices, and accepting rental payments, and more, for a super budget-friendly price. Remember, it is super important to build a solid foundation for your REI business if you plan to scale and TenantCloud is a great way to start!

Tool #3: Hospitable

Hospitable allows you to keep all of your tenant's stays from all of the various platforms (FurnishedFinder, Airbnb, VRBO, etc.) in one place to avoid overbooking, and much more. The calendar feature in Hospitable is amazing but you can also set up notification settings, for example, every time a tenant moves Hospitable can notify your cleaner automatically - a total game-changer! You never have to schedule cleanings automatically. It also reminds you (or your property manager) to do things like send back a deposit, etc. So many features that can help take the thinking out of recurring tasks that are normally forgotten.

Best Tips for Running a Successful MTR

  • Use keypad locks, for unit entry, instead of traditional key locks. Smart or basic, both work great!
  • Provide your tenants with a Welcome Guide (or, shameless plug, get ours when you join MTR Profit Academy!)
  • Get yourself a damn good cleaner, who is a good communicator and knows how to check in using technology!

If you want more info on MTR Profit Academy, check out our website or email us directly! We’re more than happy to help and would love to inside!

Alright, that is all we have for you this week. Thank you so much for listening, and we'll catch you in the next episode!

 

 

Resources:

]]> Mon, 27 Feb 2023 07:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/34-management-tools-for-midterm-rentals-with-amelia-grace-w0VN1X5O Hello everyone, welcome back to another podcast episode. This week we're talking about our favorite topic (again), mid-term rentals! This is not only one of our favorite topics but from the feedback we’ve been getting we are learning it is your favorite topic too (amazing!)! So in this week’s WIIRE podcast episode, we will be walking you through all of the software we use in our businesses to manage our MTRs!

We have learned so much about the various software tools as we have moved through the various stages of our businesses and we are so excited to be able to break down what has worked, what didn’t, and are sharing some of our best tips or running a successful MTR. When we each launched our businesses we didn’t have a ‘list’ of software tools, but instead, we learned as we went along so we’re going to save you a lot of legwork by sharing all of our research and lessons learned. Let’s dive in!

Tool #1: FurnishedFinder

This should be the very first place you go to market your MTR to potential tenants. They specifically target the traveling nurse niche of the market, along with some other traveling professionals, and will find so many leads from this one place! FurnishedFinder is the place for you to be when you are ready to list your property because this is where you will find so many leads. You will receive booking inquiries and housing requests, but it is also important to remember to be actively reaching out to potential leads, rather than waiting on them to reach out to you, first.

Tool #2: TenantCloud

TenantCloud is an amazing website that will help you move tenants off of FurnishedFinder and into a property management space with ease. Once you have found your lead on FurnishedFinder, you can migrate them over to TenantCloud, which allows you to do everything from creating leases, maintenance requests, communication, invoices, and accepting rental payments, and more, for a super budget-friendly price. Remember, it is super important to build a solid foundation for your REI business if you plan to scale and TenantCloud is a great way to start!

Tool #3: Hospitable

Hospitable allows you to keep all of your tenant's stays from all of the various platforms (FurnishedFinder, Airbnb, VRBO, etc.) in one place to avoid overbooking, and much more. The calendar feature in Hospitable is amazing but you can also set up notification settings, for example, every time a tenant moves Hospitable can notify your cleaner automatically - a total game-changer! You never have to schedule cleanings automatically. It also reminds you (or your property manager) to do things like send back a deposit, etc. So many features that can help take the thinking out of recurring tasks that are normally forgotten.

Best Tips for Running a Successful MTR

  • Use keypad locks, for unit entry, instead of traditional key locks. Smart or basic, both work great!
  • Provide your tenants with a Welcome Guide (or, shameless plug, get ours when you join MTR Profit Academy!)
  • Get yourself a damn good cleaner, who is a good communicator and knows how to check in using technology!

If you want more info on MTR Profit Academy, check out our website or email us directly! We’re more than happy to help and would love to inside!

Alright, that is all we have for you this week. Thank you so much for listening, and we'll catch you in the next episode!

 

 

Resources:

]]> WIIRE 034: Management Tools for Midterm Rentals with Amelia & Grace Grace Gudenkauf, Amelia McGee 00:26:25 This week we're talking about our favorite topic (again), mid-term rentals! This is not only one of our favorite topics, but from the feedback we’ve been getting we are learning it is your favorite topic too (amazing!)! So in this week’s podcast episode, we will be walking you through all of the software we use in our businesses to manage our MTRs! This week we're talking about our favorite topic (again), mid-term rentals! This is not only one of our favorite topics, but from the feedback we’ve been getting we are learning it is your favorite topic too (amazing!)! So in this week’s podcast episode, we will be walking you through all of the software we use in our businesses to manage our MTRs! rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 34 d4814aef-565d-4126-afea-1c06161a04f6 WIIRE 033: Step by Step Guide to Wholesaling with Jenn Delle Fave Hello everyone, welcome back to another podcast episode. This week we are so pumped to introduce you to our friend and mentor, Jenn Delle Fave, who is going to talk about all things wholesaling, and also dive a little bit into creative financing since that is her niche. Jenn and her husband Joe are all about creative financing and wholesaling can be such a scary topic so we are going to break down exactly how it works so you can dive into it, a little less scared. While it can be scary to start, wholesaling can be an extremely fruitful tool to have in your investor toolbelt. 

Jenn and Joe have been married for just shy of 13 years, have two kiddos that they homeschool, and recently relocated from upstate New York to sunny Florida. They love having the ability to live their lives on their own terms! They do real estate full-time, having just opened an office with full-time employees, and also offer coaching. Lots of different avenues and are excited for what 2023 will bring their way!

It is also important to note that they are not realtors, so when we say they opened an office, it’s not a real estate office, it's specifically focused on creative financing and wholesaling. 

To say they stay busy would be an understatement, but they truly are passionate about their work and while it may sound cheesy they know they are in the right place doing what they love because they truly enjoy it.

Their journey started when Joe wholesaled his first deal well over 20 years ago, before Jenn was even in the picture. But when they met in 2008, they began buying junk houses together off the MLS when the market crashed, they discovered they despised being landlords. They decided to pivot into the rent-to-own model and began to learn the art of creative financing. They started accumulating properties with little to no money down, taking over sellers' payments, and have been able to build their portfolio well into the 20s. 

They actually help people own their own homes so the numbers are constantly changing with gaining and losing doors. Jenn and Joe have also really dove into wholesaling to help their company grow. After Joe’s first stent, it didn’t happen again until 2020. 

To learn more about Jenn you can head over to Instagram. They also have an awesome   Facebook group, Creative Finance Playbook with Jenn and Joe, where they go LIVE every Tuesday. Inside their group they offer free trainings, talk about their deals and share other great information. You can also follow them on their YouTube channel.

Thank you so much for tuning in. We'll catch you in the next episode.

 

 

Resources:

]]> Mon, 20 Feb 2023 07:00:00 +0000 hello@womeninvestinrealestate.com (Jenn Delle Fave, Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/33-step-by-step-guide-to-wholesaling-with-jenn-delle-fave-pByn1iWt Hello everyone, welcome back to another podcast episode. This week we are so pumped to introduce you to our friend and mentor, Jenn Delle Fave, who is going to talk about all things wholesaling, and also dive a little bit into creative financing since that is her niche. Jenn and her husband Joe are all about creative financing and wholesaling can be such a scary topic so we are going to break down exactly how it works so you can dive into it, a little less scared. While it can be scary to start, wholesaling can be an extremely fruitful tool to have in your investor toolbelt. 

Jenn and Joe have been married for just shy of 13 years, have two kiddos that they homeschool, and recently relocated from upstate New York to sunny Florida. They love having the ability to live their lives on their own terms! They do real estate full-time, having just opened an office with full-time employees, and also offer coaching. Lots of different avenues and are excited for what 2023 will bring their way!

It is also important to note that they are not realtors, so when we say they opened an office, it’s not a real estate office, it's specifically focused on creative financing and wholesaling. 

To say they stay busy would be an understatement, but they truly are passionate about their work and while it may sound cheesy they know they are in the right place doing what they love because they truly enjoy it.

Their journey started when Joe wholesaled his first deal well over 20 years ago, before Jenn was even in the picture. But when they met in 2008, they began buying junk houses together off the MLS when the market crashed, they discovered they despised being landlords. They decided to pivot into the rent-to-own model and began to learn the art of creative financing. They started accumulating properties with little to no money down, taking over sellers' payments, and have been able to build their portfolio well into the 20s. 

They actually help people own their own homes so the numbers are constantly changing with gaining and losing doors. Jenn and Joe have also really dove into wholesaling to help their company grow. After Joe’s first stent, it didn’t happen again until 2020. 

To learn more about Jenn you can head over to Instagram. They also have an awesome   Facebook group, Creative Finance Playbook with Jenn and Joe, where they go LIVE every Tuesday. Inside their group they offer free trainings, talk about their deals and share other great information. You can also follow them on their YouTube channel.

Thank you so much for tuning in. We'll catch you in the next episode.

 

 

Resources:

]]> WIIRE 033: Step by Step Guide to Wholesaling with Jenn Delle Fave Jenn Delle Fave, Grace Gudenkauf, Amelia McGee 00:45:24 This week we are so pumped to introduce you to our friend and mentor, Jenn Delle Fave, who is going to talk about all things wholesaling, and also dive a little bit into creative financing since that is her niche. Jenn and her husband Joe are all about creative financing and wholesaling can be such a scary topic so we are going to break down exactly how it works so you can dive into it, a little less scared. While it can be scary to start, wholesaling can be an extremely fruitful tool to have in your investor toolbelt. This week we are so pumped to introduce you to our friend and mentor, Jenn Delle Fave, who is going to talk about all things wholesaling, and also dive a little bit into creative financing since that is her niche. Jenn and her husband Joe are all about creative financing and wholesaling can be such a scary topic so we are going to break down exactly how it works so you can dive into it, a little less scared. While it can be scary to start, wholesaling can be an extremely fruitful tool to have in your investor toolbelt. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 33 7224da3f-e489-4660-b3c5-3d0c0ac62ae0 WIIRE 032: Should You Buy a Property All Cash? with Amelia & Grace Hello everyone, welcome back to episode 32 of the WIIRE Podcast! This week we have a special request from one of our followers on Instagram. Melissa writes:
 

“Hello loving your podcast. I'm new to real estate and we are looking for strictly cash flow to pay for liabilities we have. My husband wants to buy our first investment property with cash, hold, and then later when rates come down, and hopefully, the place appreciates, refinance. I would love a podcast on buying all cash and whether you think that would be okay?”

The short answer, it depends. But what does it depend on?

Well, there are a few factors we would take into consideration before making this decision and in this episode were going to talk about strategies for buying cash, the perks, and the pitfalls of both ways. 

What it really comes down to is being able to predict when rates are going to come down. If we could do that, we would be crazy rich. But since we can’t we need to know how to lean into what you know and what you are comfortable with. If you know that you have no debt on a property and you want one cash-flowing rental then that could be a great option. However, if you are looking to scale we would advise against it because you want to keep your capital moving, as quickly as possible in most cases.

So many things can happen to any one given property so consider that. We like to have some diversification in our portfolios. Even if all of your properties are in the same market you can still have a diverse portfolio because you are not relying on one single tenant to pay for everything for you. If you are planning to buy a property then BRRR, or refinance within six months to a year, then we would consider that purchase. 

Melissa also mentioned refinancing when the rates come down, but consider this: why not purchase it via financing right now, then refinance again when those rates come down? 

“Just because you have a loan on it doesn’t mean you can’t refinance it.”

For us, we're in scale mode; so it's all about the next property. However, Melissa might not be. She might want one and done and that's okay. It’s a really personal decision and there is a lot to consider on both sides. 

Thank you SO much, Melissa, for submitting that question. If you have a question you’d like us to feature in an upcoming episode send us a DM on Instagram or reach out via email.

 Thanks for tuning in, we’ll catch you in the next episode!


 

 

Resources:

]]> Mon, 13 Feb 2023 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/32-should-you-buy-a-property-all-cash-with-amelia-grace-xO61deFK Hello everyone, welcome back to episode 32 of the WIIRE Podcast! This week we have a special request from one of our followers on Instagram. Melissa writes:
 

“Hello loving your podcast. I'm new to real estate and we are looking for strictly cash flow to pay for liabilities we have. My husband wants to buy our first investment property with cash, hold, and then later when rates come down, and hopefully, the place appreciates, refinance. I would love a podcast on buying all cash and whether you think that would be okay?”

The short answer, it depends. But what does it depend on?

Well, there are a few factors we would take into consideration before making this decision and in this episode were going to talk about strategies for buying cash, the perks, and the pitfalls of both ways. 

What it really comes down to is being able to predict when rates are going to come down. If we could do that, we would be crazy rich. But since we can’t we need to know how to lean into what you know and what you are comfortable with. If you know that you have no debt on a property and you want one cash-flowing rental then that could be a great option. However, if you are looking to scale we would advise against it because you want to keep your capital moving, as quickly as possible in most cases.

So many things can happen to any one given property so consider that. We like to have some diversification in our portfolios. Even if all of your properties are in the same market you can still have a diverse portfolio because you are not relying on one single tenant to pay for everything for you. If you are planning to buy a property then BRRR, or refinance within six months to a year, then we would consider that purchase. 

Melissa also mentioned refinancing when the rates come down, but consider this: why not purchase it via financing right now, then refinance again when those rates come down? 

“Just because you have a loan on it doesn’t mean you can’t refinance it.”

For us, we're in scale mode; so it's all about the next property. However, Melissa might not be. She might want one and done and that's okay. It’s a really personal decision and there is a lot to consider on both sides. 

Thank you SO much, Melissa, for submitting that question. If you have a question you’d like us to feature in an upcoming episode send us a DM on Instagram or reach out via email.

 Thanks for tuning in, we’ll catch you in the next episode!


 

 

Resources:

]]> WIIRE 032: Should You Buy a Property All Cash? with Amelia & Grace Amelia McGee, Grace Gudenkauf 00:15:15 This week we have a special request from one of our WIIRE followers on Instagram about whether or not she should buy a property with all cash. There are quite a few factors we would take into consideration before making this decision and in this episode were going to talk about strategies for buying cash, the perks, and the pitfalls of both ways. This week we have a special request from one of our WIIRE followers on Instagram about whether or not she should buy a property with all cash. There are quite a few factors we would take into consideration before making this decision and in this episode were going to talk about strategies for buying cash, the perks, and the pitfalls of both ways. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 32 8162bfbe-ab8e-487d-83c9-26f19d98be90 WIIRE 031: 7 Ways to Find Off-Market Deals with Amelia & Grace Hey everyone, welcome back to another WIIRE podcast episode. This week we’re diving into a fun topic; 7 ways to find off-market properties. Both of us have purchased a good majority of our deals when they were off-market so we have some great stories and experiences to share with you.
 

Method 1: Driving for Dollars

This tried-and-true method involves you simply getting into your car, and taking a drive. While we have found that this method tends to work better in smaller towns, that doesn’t mean it won’t work anywhere, it just means you have to be more specific. What we do is drive around, looking for run-down multi-family properties, write down the address, then looking up the owner's information on the assessor's website. Once you find out who the owner is reach out to them, and ask if they have considered selling. Start the conversation, don’t overthink it, and don’t be afraid to ask. Lastly, remember that some ‘no’s’ might also mean ‘not right now’. 
 

Method 2: Direct Mail

The direct mail method can happen in two ways: one is if you are looking on a smaller scale to find a property you like (think about method 1) and write them a handwritten note. The second way is more of a professional approach, but also more costly and yields a larger number of leads. However, with this route, you have to be prepared to funnel in a large number of leads and scale quickly.
 

Method 3: Calling For-Rent Signs

This is how Grace found her first property. She called the number on a for-rent sign and after realizing the owner was an investor she asked if they had any available properties they were interested in selling. After getting a list of around 30 properties, Grace asked to see the crappiest property because they knew they could make a massive dent and turn it into a BRRR. After walking the property they went under contract, while it was off the market. 

 

Method 4: Wholesalers

In the world of REI, knowing people is truly where it’s at. Make sure you are joining local Facebook groups and attending local networking events to make those connections with wholesalers in your area. If you are going the wholesale route, make sure you are crystal clear on your buy-box so your time is not wasted by people sending you properties you wouldn’t even consider. Lastly, wholesalers are willing to sell quickly, for a lowball cash offer, which means you have to have cash and close quickly.
 

Method 5: Word-of-Mouth/ Contractors/ Networking

Another favorite method of ours, word-of-mouth is an effective way to find off-market properties. Don’t be afraid to shout from the rooftops what you do and what you are looking for. We recommend having a space (whether that is on Facebook or IG) where people can follow you and you can keep your name in their heads so when they do hear about a deal, they remember to connect with you about it. This also goes for letting your contractors know because they know a lot of people and are very well-connected. 
 

Method 6: Social Media

We touched previously on social media but when you make sure people can find you easily and see what you are doing people are much more likely to reach out to you. Also, we both have experienced organic leads (both legit and not-so-great) from social media, so make sure you are posting those rehab photos!
 

Method 7: Connecting with Current Landlords

This final method is another tried-and-true one and we cannot emphasize enough how important it is to utilize your network. Contact investors/property owners, you have purchased from before, or other local landlords to see if they know of any gems that might not be on the market. By purchasing off-market deals you are also avoiding realtor commissions and landlords are always happy to have more money in their pocket from a sale. 
 

The moral of the story about off-market properties is that sometimes they're hard to find, but if you just keep your eye out, you're constantly putting yourself out there, and you're always asking questions, they will come to you.

We hope you enjoyed this episode and we will catch you in the next one.

 

 

Resources:

]]> Mon, 6 Feb 2023 07:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/31-7-ways-to-find-off-market-deals-with-amelia-grace-Kmfx7ASC Hey everyone, welcome back to another WIIRE podcast episode. This week we’re diving into a fun topic; 7 ways to find off-market properties. Both of us have purchased a good majority of our deals when they were off-market so we have some great stories and experiences to share with you.
 

Method 1: Driving for Dollars

This tried-and-true method involves you simply getting into your car, and taking a drive. While we have found that this method tends to work better in smaller towns, that doesn’t mean it won’t work anywhere, it just means you have to be more specific. What we do is drive around, looking for run-down multi-family properties, write down the address, then looking up the owner's information on the assessor's website. Once you find out who the owner is reach out to them, and ask if they have considered selling. Start the conversation, don’t overthink it, and don’t be afraid to ask. Lastly, remember that some ‘no’s’ might also mean ‘not right now’. 
 

Method 2: Direct Mail

The direct mail method can happen in two ways: one is if you are looking on a smaller scale to find a property you like (think about method 1) and write them a handwritten note. The second way is more of a professional approach, but also more costly and yields a larger number of leads. However, with this route, you have to be prepared to funnel in a large number of leads and scale quickly.
 

Method 3: Calling For-Rent Signs

This is how Grace found her first property. She called the number on a for-rent sign and after realizing the owner was an investor she asked if they had any available properties they were interested in selling. After getting a list of around 30 properties, Grace asked to see the crappiest property because they knew they could make a massive dent and turn it into a BRRR. After walking the property they went under contract, while it was off the market. 

 

Method 4: Wholesalers

In the world of REI, knowing people is truly where it’s at. Make sure you are joining local Facebook groups and attending local networking events to make those connections with wholesalers in your area. If you are going the wholesale route, make sure you are crystal clear on your buy-box so your time is not wasted by people sending you properties you wouldn’t even consider. Lastly, wholesalers are willing to sell quickly, for a lowball cash offer, which means you have to have cash and close quickly.
 

Method 5: Word-of-Mouth/ Contractors/ Networking

Another favorite method of ours, word-of-mouth is an effective way to find off-market properties. Don’t be afraid to shout from the rooftops what you do and what you are looking for. We recommend having a space (whether that is on Facebook or IG) where people can follow you and you can keep your name in their heads so when they do hear about a deal, they remember to connect with you about it. This also goes for letting your contractors know because they know a lot of people and are very well-connected. 
 

Method 6: Social Media

We touched previously on social media but when you make sure people can find you easily and see what you are doing people are much more likely to reach out to you. Also, we both have experienced organic leads (both legit and not-so-great) from social media, so make sure you are posting those rehab photos!
 

Method 7: Connecting with Current Landlords

This final method is another tried-and-true one and we cannot emphasize enough how important it is to utilize your network. Contact investors/property owners, you have purchased from before, or other local landlords to see if they know of any gems that might not be on the market. By purchasing off-market deals you are also avoiding realtor commissions and landlords are always happy to have more money in their pocket from a sale. 
 

The moral of the story about off-market properties is that sometimes they're hard to find, but if you just keep your eye out, you're constantly putting yourself out there, and you're always asking questions, they will come to you.

We hope you enjoyed this episode and we will catch you in the next one.

 

 

Resources:

]]> WIIRE 031: 7 Ways to Find Off-Market Deals with Amelia & Grace Grace Gudenkauf, Amelia McGee 00:21:39 Hey everyone, welcome back to another podcast episode This week we’re diving into a fun topic, 7 ways to find off-market properties. Both of us have purchased a good majority of our deals when they were off-market so we have some great stories and experiences to share with you. Hey everyone, welcome back to another podcast episode This week we’re diving into a fun topic, 7 ways to find off-market properties. Both of us have purchased a good majority of our deals when they were off-market so we have some great stories and experiences to share with you. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 31 df35063f-e84d-4798-bdb8-34d21352613f WIIRE 030: How to Protect Yourself with Landlord Insurance with Datha Santomieri Hello friends! Welcome back to the WIIRE Podcast. This week we are super excited to welcome Datha Santomieri from Steadily insurance onto the show to share with us all things landlord insurance. Datha is one of the co-founders and head of insurance at Steadily, an insurance solution for landlords, and also REI investors themselves. 

Datha has done a few flips of her own and one of her first flips was on a 7,000-square-foot property (what?!?) in Kansas. When she tried to get insurance on it during the renovation period it took dozens of phone calls and very few follow-ups to find an agent that knew how to correctly cover her property. It was such a clunky process and Datha knew the process could, and should be, much simpler. With her co-founders having similar experiences they knew it just didn't make any sense why it had to be so complicated to find insurance for investment properties. After a few years of frustration, they realized they were best positioned to solve the problem themselves. 

Being an insurance person herself, Datha had spent her entire career in the insurance industry, building programs and rolling out technology and operations to support them. Steadily’s customers love them because they have taken the friction out of something that didn’t need to be complicated in the first place. 

In this episode, Datha is sharing: 

  • Intel between the different types of policies and properties
  • How to make sure your property is covered, correctly
  • What vacant property insurance means
  • Cash value vs replacement value of a property
  • The benefits and how you can best use Steadily

For more info about Steadily and find out how they can support your REI properties, head to their website to learn more!

Thanks for tuning in, we’ll catch you in the next episode!

 

 

 

Resources:

]]> Mon, 30 Jan 2023 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Steadily, Datha Santomieri) https://women-invest-in-real-estate.simplecast.com/episodes/how-to-protect-yourself-with-landlord-insurance-with-datha-santomieri-aGrDU4Ek Hello friends! Welcome back to the WIIRE Podcast. This week we are super excited to welcome Datha Santomieri from Steadily insurance onto the show to share with us all things landlord insurance. Datha is one of the co-founders and head of insurance at Steadily, an insurance solution for landlords, and also REI investors themselves. 

Datha has done a few flips of her own and one of her first flips was on a 7,000-square-foot property (what?!?) in Kansas. When she tried to get insurance on it during the renovation period it took dozens of phone calls and very few follow-ups to find an agent that knew how to correctly cover her property. It was such a clunky process and Datha knew the process could, and should be, much simpler. With her co-founders having similar experiences they knew it just didn't make any sense why it had to be so complicated to find insurance for investment properties. After a few years of frustration, they realized they were best positioned to solve the problem themselves. 

Being an insurance person herself, Datha had spent her entire career in the insurance industry, building programs and rolling out technology and operations to support them. Steadily’s customers love them because they have taken the friction out of something that didn’t need to be complicated in the first place. 

In this episode, Datha is sharing: 

  • Intel between the different types of policies and properties
  • How to make sure your property is covered, correctly
  • What vacant property insurance means
  • Cash value vs replacement value of a property
  • The benefits and how you can best use Steadily

For more info about Steadily and find out how they can support your REI properties, head to their website to learn more!

Thanks for tuning in, we’ll catch you in the next episode!

 

 

 

Resources:

]]> WIIRE 030: How to Protect Yourself with Landlord Insurance with Datha Santomieri Amelia McGee, Grace Gudenkauf, Steadily, Datha Santomieri 00:41:45 This week we are super excited to welcome Datha Santomieri from Steadily insurance onto the WIIRE podcast to share with us all things landlord insurance. Datha is one of the co-founders and head of insurance at Steadily, an insurance solution for landlords, and also REI investors themselves. This week we are super excited to welcome Datha Santomieri from Steadily insurance onto the WIIRE podcast to share with us all things landlord insurance. Datha is one of the co-founders and head of insurance at Steadily, an insurance solution for landlords, and also REI investors themselves. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, insurance, multi-family, rental properties, women in business, investment property, women in real estate, steadily, women invest in real estate, brrrr, wiire retreat, rental property investor, rental insurance, real estate advice, rei conversations, investment, women investing in real estate true full 30 c03041fc-f6ba-4a9d-9bc4-da5c66767b1c WIIRE 029: Step by Step Guide to MTR Arbitrage with Amelia & Grace Hello everyone! This week we're going to talk about a very popular topic, arbitrage. More specifically we are going to focus on MTR arbitrage because that is the realm where the majority of our personal experiences lie. Rental arbitrage has become increasingly popular. It is what we would call a buzzword in the real estate world right now, and for good reason. Let’s dive in!

We do want to note that a lot of this information will also be helpful when it comes to short-term rental arbitrage as well because when it comes to MTR or STR arbitrage, the execution is nearly the same, either way. It can be a great way to first get started in REI and especially so if you don’t have a lot of capital to work with. 
 

What is rental arbitrage?

Rental arbitrage is when you lease a property, then turn around and release it, typically as a mid or short-term rental. Think of it like flipping a lease, except you are the middleman. You are getting the initial lease from the owner, then turning around and releasing it for more money so you are making a profit.
 

What are the benefits of rental arbitrage?

  • It requires less capital to start
  • There is significantly less risk involved
  • They are very easy to start
  • Offers a high ROI
  • You can choose turnkey properties for quick setup
  • You can potentially land properties with low, to no maintenance, that you are responsible for since you do not own the property
     

What are the disadvantages of rental arbitrage?

  • No tax benefits since you are not the owner
  • Less control over the property
  • No control over neighboring tenants
  • You are subject to property rules and rent raises by the owner
     

If you are looking for a simple way to get started in REI but have low capital, arbitrage could be an excellent way for you to dip your toe into the industry, before taking the full dive. 

Thanks for tuning in, we’ll catch you in the next WIIRE episode!

 

 

Resources:

]]> Mon, 23 Jan 2023 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/29-step-by-step-guide-to-mtr-arbitrage-with-amelia-grace-E42PoU_J Hello everyone! This week we're going to talk about a very popular topic, arbitrage. More specifically we are going to focus on MTR arbitrage because that is the realm where the majority of our personal experiences lie. Rental arbitrage has become increasingly popular. It is what we would call a buzzword in the real estate world right now, and for good reason. Let’s dive in!

We do want to note that a lot of this information will also be helpful when it comes to short-term rental arbitrage as well because when it comes to MTR or STR arbitrage, the execution is nearly the same, either way. It can be a great way to first get started in REI and especially so if you don’t have a lot of capital to work with. 
 

What is rental arbitrage?

Rental arbitrage is when you lease a property, then turn around and release it, typically as a mid or short-term rental. Think of it like flipping a lease, except you are the middleman. You are getting the initial lease from the owner, then turning around and releasing it for more money so you are making a profit.
 

What are the benefits of rental arbitrage?

  • It requires less capital to start
  • There is significantly less risk involved
  • They are very easy to start
  • Offers a high ROI
  • You can choose turnkey properties for quick setup
  • You can potentially land properties with low, to no maintenance, that you are responsible for since you do not own the property
     

What are the disadvantages of rental arbitrage?

  • No tax benefits since you are not the owner
  • Less control over the property
  • No control over neighboring tenants
  • You are subject to property rules and rent raises by the owner
     

If you are looking for a simple way to get started in REI but have low capital, arbitrage could be an excellent way for you to dip your toe into the industry, before taking the full dive. 

Thanks for tuning in, we’ll catch you in the next WIIRE episode!

 

 

Resources:

]]> WIIRE 029: Step by Step Guide to MTR Arbitrage with Amelia & Grace Amelia McGee, Grace Gudenkauf 00:24:05 Hello everyone! This week we're going to talk about a very popular topic, arbitrage. More specifically we are going to focus on MTR arbitrage because that is the realm where the majority of our personal experiences lie. Rental arbitrage has become increasingly popular. It is what we would call a buzzword in the real estate world right now, and for good reason. Let’s dive in! Hello everyone! This week we're going to talk about a very popular topic, arbitrage. More specifically we are going to focus on MTR arbitrage because that is the realm where the majority of our personal experiences lie. Rental arbitrage has become increasingly popular. It is what we would call a buzzword in the real estate world right now, and for good reason. Let’s dive in! rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, wiire retreat, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 29 b1a587f0-9975-4c6d-92e0-6d8b8c6df1d8 WIIRE 028: Midterm Rental Industry with Travel Nurse Hannah McCoy Hey everyone! Welcome to the WIIRE podcast. This week we’re super pumped to welcome onto the podcast our friend Hannah McCoy, a real estate investor who has a very unique perspective on the travel nurse industry because Hannah is actually a travel nurse herself! 

As an MTR owner, Hannah is bringing a lot of intel to the table and we are excited for you to meet her and get to know a little bit more about not only her journey in real estate investing but also hear a few trade secrets of the travel nurse industry.

Hannah began investing in February of 2020 with her boyfriend and now owns four duplexes and one single-family property (plus they’re under contract for another) near where they live just north of Pittsburgh, PA. 

As an ER nurse, Hannah wanted to be able to travel and make more money and has been working as a traveling nurse since 2021. She decided to try something new and knew the money you could make as a travel nurse was a huge draw and she was so excited to be able to do something different and keep not one but two income streams. Since 2021 Hannah has gained a lot of experience when it comes to looking for, staying in, and how travel nurses best utilize MTRs, and can offer a unique inside perspective to our audience. 

The travel nurse industry has dramatically changed (and still continues to change) and Hannah is sharing her take as both a travel nurse who stays in MTRs, her perspective as an MTR owner, and the changing seasonality of travel nurses, to help bridge the gap between how we as owners can better understand how travel nurses operate under their contracts and also offer them better services.

If you want to see what Hannah is up to you can subscribe to her YouTube Channel or follow her on Instagram.

Thanks for tuning in, we’ll catch you in the next episode!

 

 

Resources:

]]> Mon, 16 Jan 2023 07:00:00 +0000 hello@womeninvestinrealestate.com (Hannah McCoy, Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/midterm-rental-industry-with-travel-nurse-hannah-mccoy-gGef_pwr Hey everyone! Welcome to the WIIRE podcast. This week we’re super pumped to welcome onto the podcast our friend Hannah McCoy, a real estate investor who has a very unique perspective on the travel nurse industry because Hannah is actually a travel nurse herself! 

As an MTR owner, Hannah is bringing a lot of intel to the table and we are excited for you to meet her and get to know a little bit more about not only her journey in real estate investing but also hear a few trade secrets of the travel nurse industry.

Hannah began investing in February of 2020 with her boyfriend and now owns four duplexes and one single-family property (plus they’re under contract for another) near where they live just north of Pittsburgh, PA. 

As an ER nurse, Hannah wanted to be able to travel and make more money and has been working as a traveling nurse since 2021. She decided to try something new and knew the money you could make as a travel nurse was a huge draw and she was so excited to be able to do something different and keep not one but two income streams. Since 2021 Hannah has gained a lot of experience when it comes to looking for, staying in, and how travel nurses best utilize MTRs, and can offer a unique inside perspective to our audience. 

The travel nurse industry has dramatically changed (and still continues to change) and Hannah is sharing her take as both a travel nurse who stays in MTRs, her perspective as an MTR owner, and the changing seasonality of travel nurses, to help bridge the gap between how we as owners can better understand how travel nurses operate under their contracts and also offer them better services.

If you want to see what Hannah is up to you can subscribe to her YouTube Channel or follow her on Instagram.

Thanks for tuning in, we’ll catch you in the next episode!

 

 

Resources:

]]> WIIRE 028: Midterm Rental Industry with Travel Nurse Hannah McCoy Hannah McCoy, Amelia McGee, Grace Gudenkauf 00:31:41 Hey everyone! Welcome to the WIIRE podcast. This week we’re super pumped to welcome onto the podcast our friend Hannah McCoy, a real estate investor who has a very unique perspective on the travel nurse industry because Hannah is actually a travel nurse herself! Hey everyone! Welcome to the WIIRE podcast. This week we’re super pumped to welcome onto the podcast our friend Hannah McCoy, a real estate investor who has a very unique perspective on the travel nurse industry because Hannah is actually a travel nurse herself! rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, wiire retreat, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 28 c772064b-0fec-49fa-8134-23cea6eb7353 WIIRE 027: What We Look for in an Investment Property with Amelia & Grace Hello friends! We’re excited to dive into this week’s podcast episode content because it’s another episode that YOU, our amazing listeners, asked for! It also is on our list of most common questions we receive so in this episode we’re sharing exactly what we look for (including red flags) in an investment property. 

For us, knowing what to look in an investment property for has become second nature when we are analyzing deals, but if you are someone who is just starting out you likely have no idea where to even start - and that is totally okay!

First, we’re going to talk about what we look for in single-family properties. Amelia is one who is really never looking for a single-family home, but when she does, give her the smelliest house you can find, especially for those that need cosmetic updates as well. Amelia loves the phrase ‘smells like money’ because even a smell can scare off buyers, and often times it’s not that hard to get rid of odors. 

Grace tends to also look for houses that stink, because again, a smell can be gotten rid of with some work. Also, those tend to have less competition in a buyer pool. Grace also has learned that she now stays away from houses with less-than-desirable layouts or funky driveways, especially when the house is on a busy road. 

We both love houses that are packed full of ‘stuff’. In many cases, buyers can’t see past the junk and all you have to do is remove the junk and there can be so much opportunity behind it. A few other things we stay away from are houses with foundation issues, bad neighbors, and those that are located in less-than-desirable neighborhoods/locations. 

Moving onto multi-family homes, we agree that houses with funky driveways and interior layouts, monster/Frankenstein-converted houses, properties with little to no off-street parking, and common areas to keep clean, are all things we stay far, far away from. 

When we are looking into buying a multi-family property we look for those that are under-managed. Mismanagement is a huge area where you can add value by coming in and really overhauling their units (and business processes) and in turn, raise the rent. For the most part, tenants are okay with the increase in rent because it means you are taking better care of the property. 

When it comes to buying a property, one big red flag we look for as a buyer is if the seller won’t let you see all of the units. In most cases, a seller not letting you see each unit means they aren’t properly being cared for or maintained. However, if you are in the position where you are buying the property and are aware that there are problematic tenants/units, that is a completely different story and you can work with it.

Next, if a seller is unorganized or seemingly hiding their financials, we recommend staying far away from those. With the exception of someone selling a simple duplex, etc., and has no other units, sellers should always be organized and upfront with their financials. The more intricate you get, the better the financials you have to have because there are so many more pieces to the puzzle.
 

​​We would love to hear what you look for when buying/selling your properties and if you have any other questions you’d like us to answer in an upcoming episode! Last, we would also love to have you inside our private Facebook Community where aspiring and existing investors come together, learn, grow and support one another.

We’ll catch you in the next episode!

 

 

Resources:

]]> Mon, 9 Jan 2023 07:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/what-we-look-for-in-an-investment-property-with-amelia-grace-hyeyJaau Hello friends! We’re excited to dive into this week’s podcast episode content because it’s another episode that YOU, our amazing listeners, asked for! It also is on our list of most common questions we receive so in this episode we’re sharing exactly what we look for (including red flags) in an investment property. 

For us, knowing what to look in an investment property for has become second nature when we are analyzing deals, but if you are someone who is just starting out you likely have no idea where to even start - and that is totally okay!

First, we’re going to talk about what we look for in single-family properties. Amelia is one who is really never looking for a single-family home, but when she does, give her the smelliest house you can find, especially for those that need cosmetic updates as well. Amelia loves the phrase ‘smells like money’ because even a smell can scare off buyers, and often times it’s not that hard to get rid of odors. 

Grace tends to also look for houses that stink, because again, a smell can be gotten rid of with some work. Also, those tend to have less competition in a buyer pool. Grace also has learned that she now stays away from houses with less-than-desirable layouts or funky driveways, especially when the house is on a busy road. 

We both love houses that are packed full of ‘stuff’. In many cases, buyers can’t see past the junk and all you have to do is remove the junk and there can be so much opportunity behind it. A few other things we stay away from are houses with foundation issues, bad neighbors, and those that are located in less-than-desirable neighborhoods/locations. 

Moving onto multi-family homes, we agree that houses with funky driveways and interior layouts, monster/Frankenstein-converted houses, properties with little to no off-street parking, and common areas to keep clean, are all things we stay far, far away from. 

When we are looking into buying a multi-family property we look for those that are under-managed. Mismanagement is a huge area where you can add value by coming in and really overhauling their units (and business processes) and in turn, raise the rent. For the most part, tenants are okay with the increase in rent because it means you are taking better care of the property. 

When it comes to buying a property, one big red flag we look for as a buyer is if the seller won’t let you see all of the units. In most cases, a seller not letting you see each unit means they aren’t properly being cared for or maintained. However, if you are in the position where you are buying the property and are aware that there are problematic tenants/units, that is a completely different story and you can work with it.

Next, if a seller is unorganized or seemingly hiding their financials, we recommend staying far away from those. With the exception of someone selling a simple duplex, etc., and has no other units, sellers should always be organized and upfront with their financials. The more intricate you get, the better the financials you have to have because there are so many more pieces to the puzzle.
 

​​We would love to hear what you look for when buying/selling your properties and if you have any other questions you’d like us to answer in an upcoming episode! Last, we would also love to have you inside our private Facebook Community where aspiring and existing investors come together, learn, grow and support one another.

We’ll catch you in the next episode!

 

 

Resources:

]]> WIIRE 027: What We Look for in an Investment Property with Amelia & Grace Grace Gudenkauf, Amelia McGee 00:22:34 We’re excited to dive into this week’s WIIRE podcast episode content because it’s another episode that YOU, our amazing listeners, asked for! It also is on our list of most common questions we receive so in this episode we’re sharing exactly what we look for (including red flags) in an investment property. We’re excited to dive into this week’s WIIRE podcast episode content because it’s another episode that YOU, our amazing listeners, asked for! It also is on our list of most common questions we receive so in this episode we’re sharing exactly what we look for (including red flags) in an investment property. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, wiire retreat, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 27 0aa50414-b967-4738-afac-7700c1a55fc8 WIIRE 026: Mistakes We Made In 2022 with Amelia & Grace Welcome back to another episode of the WIIRE Podcast. We hope everyone had a great New Years and we are so excited to jump into 2023 with all of you! This week on the podcast we are going to talk about some of the mistakes we made in our businesses in 2022 and how we are going to fix them moving into 2023. 
 

Mistake #1: Bookkeeping

This year we both learned exactly how important it is to either outsource your bookkeeping tasks entirely or set yourself up with a strong bookkeeping foundation from the get-go, in your business. Bookkeeping is something that never stops which means that you really need to stay on top of it so you don’t continue to get further and further behind. 

If bookkeeping is just not your jam, we get it. But in this case, we highly recommend outsourcing your bookkeeping early on, to make sure your finances are kept in order, track your expenses, etc., especially come tax season. 

If you plan to track your expenses and manage your books internally, that’s great! But make sure you set yourself up with a strong foundation either by using a bookkeeping platform and setting up a bookkeeping routine you can stick with, or outsourcing setting up your system and having them teach you how to manage it yourself. 
 

Mistake #2: Putting Things On Hold For The Next Big Thing
Long story short, Grace’s deal to purchase the manufacturing business didn’t pan out, and while they were out time and some lawyer fees, the biggest bummer was that they had hit pause on so many things they could have been doing. They could have purchased more rentals, upped their equity, cash flow, etc. Our biggest piece of advice here is to always keep moving. 
 

Mistake #3: Not Having a Daily Routine/ Structure

Being self-employed has amazing perks, one of which is the freedom to design your own lifestyle. The challenge is that it can be super easy to fall into the trap of not getting as much done as you could because you don’t have a daily routine or structure for your day, to allow you to be as productive as you could be.
In 2022, we both learned that by actively blocking our calendars, we were able to be so much more productive. 
 

If you want to deep-dive into your relationship with time management so that you can you can live the life you desire without the stress, join Amanda Boleyn’s live group coaching program, Attention Audit, where she will be teaching her 4 P’s to Effective Time Management. 

Thank you for joining us for our first episode in 2023! Catch you next time!

 

 

Resources:

]]> Mon, 2 Jan 2023 07:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/26-mistakes-we-made-in-2022-with-amelia-grace-dSKqxe_k Welcome back to another episode of the WIIRE Podcast. We hope everyone had a great New Years and we are so excited to jump into 2023 with all of you! This week on the podcast we are going to talk about some of the mistakes we made in our businesses in 2022 and how we are going to fix them moving into 2023. 
 

Mistake #1: Bookkeeping

This year we both learned exactly how important it is to either outsource your bookkeeping tasks entirely or set yourself up with a strong bookkeeping foundation from the get-go, in your business. Bookkeeping is something that never stops which means that you really need to stay on top of it so you don’t continue to get further and further behind. 

If bookkeeping is just not your jam, we get it. But in this case, we highly recommend outsourcing your bookkeeping early on, to make sure your finances are kept in order, track your expenses, etc., especially come tax season. 

If you plan to track your expenses and manage your books internally, that’s great! But make sure you set yourself up with a strong foundation either by using a bookkeeping platform and setting up a bookkeeping routine you can stick with, or outsourcing setting up your system and having them teach you how to manage it yourself. 
 

Mistake #2: Putting Things On Hold For The Next Big Thing
Long story short, Grace’s deal to purchase the manufacturing business didn’t pan out, and while they were out time and some lawyer fees, the biggest bummer was that they had hit pause on so many things they could have been doing. They could have purchased more rentals, upped their equity, cash flow, etc. Our biggest piece of advice here is to always keep moving. 
 

Mistake #3: Not Having a Daily Routine/ Structure

Being self-employed has amazing perks, one of which is the freedom to design your own lifestyle. The challenge is that it can be super easy to fall into the trap of not getting as much done as you could because you don’t have a daily routine or structure for your day, to allow you to be as productive as you could be.
In 2022, we both learned that by actively blocking our calendars, we were able to be so much more productive. 
 

If you want to deep-dive into your relationship with time management so that you can you can live the life you desire without the stress, join Amanda Boleyn’s live group coaching program, Attention Audit, where she will be teaching her 4 P’s to Effective Time Management. 

Thank you for joining us for our first episode in 2023! Catch you next time!

 

 

Resources:

]]> WIIRE 026: Mistakes We Made In 2022 with Amelia & Grace Grace Gudenkauf, Amelia McGee 00:18:24 Welcome back to another episode of the WIIRE Podcast. We hope everyone had a great New Years and we are so excited to jump into 2023 with all of you! This week on the podcast we are going to talk about some of the mistakes we made in our businesses in 2022 and how we are going to fix them moving into 2023.  Welcome back to another episode of the WIIRE Podcast. We hope everyone had a great New Years and we are so excited to jump into 2023 with all of you! This week on the podcast we are going to talk about some of the mistakes we made in our businesses in 2022 and how we are going to fix them moving into 2023.  rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 26 f6131db6-c44c-43a5-9ebf-52cbdf8c966d WIIRE 025: MTR Cash Flow Killers with Amelia & Grace Hello everyone, welcome back to the WIIRE Podcast! We know you all love hearing about all things MTR so this week we are bringing you another episode about MTR strategy, except this time we are talking about the 5 pitfalls (which we’ve lovingly termed ‘cash-flow-killers’) you’ll definitely want to avoid making with properties in your REI portfolio.  
 

1. Utilities

If you’re not tracking tenant utility usage, you should be. Utilities are typically covered for tenants in mid-term rentals, but you’ll want to make sure that your tenants aren’t going over ‘average’ usage for the utilities. 

We recommend adding a utility addendum to your lease explaining that any overage from the average usage (which can typically be found on your utility company’s website) will be billed back to the tenant. You can also post signs on the doors so when they go to leave the property, they’re reminded to check things like the lights and thermostat, and not leave them in use when they aren’t even home. Lastly, you could invest in a thermostat that you can control remotely and set limits on. 
 

2. Location

C & D class neighborhoods, simply put, are just not recommended for MTRs. Even units in some B-class neighborhoods will sit vacant longer than desired because traveling professionals know what kind of areas to look for and which ones to stay away from. 

Vacant units will always cut into your cash flow, so choose your MTR location very wisely. 
 

3. Noisy Locations

Many MTR tenants are traveling nurses, and as you could guess, work nights (or even around the clock) on some days. Typically they are only in the unit to eat, sleep, and repeat so they want to come home to a quiet space they are comfortable in and aren’t interested in dealing with a noisy neighborhood or noisy neighbors. 


4. Cleaning Fees

This one can be a bit tricky. It’s nice to be able to cover your tenant's cleaning fees - it’s one less thing for them to pay, right? While true, that also cuts into your cash flow.

After covering cleaning fees for quite some time by just charging more for rent, Grace has discovered that she is likely leaving money on the table because it cuts into her cash flow. She realized that she could simply include a cleaning fee, along with the deposit, and tenants are still happy to rent her units, despite the cleaning costs coming out of their pocket. She also realized that for the most part, tenants are used to paying a cleaning fee. 

Amelia collects a deposit to hold the unit, then 1-2 days prior to move-in collects the 1st month’s rent along with the cleaning fee.


5. Not having a detailed list of supplies for your unit.

Do you know exactly how many cups, plates, forks, towels, etc., are in each one of your units? If you don’t you should. Now before we proceed, we will be the first to admit that we have both been super lax here, but it is on both of our ‘goals for 2023’ lists to do a much better job of this one.

Go through your units with a fine tooth comb. By having this list for each unit, when your tenant moves out you know not only needs to be replaced and charged back to the tenant. Keep this list handy for yourself, your cleaner, or your property manager so everyone knows exactly what should be in each unit so you aren’t losing money by keeping your rentals stocked and passing those charges along to the tenant. 


That’s all for this week friends, thank you for joining us. If you have any questions or topics you’d like us to cover shoot us a DM on Instagram!

Catch you in the next episode!

 

 

Resources:

]]> Mon, 26 Dec 2022 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/25-mtr-cash-flow-killers-with-amelia-grace-COgnxnfv Hello everyone, welcome back to the WIIRE Podcast! We know you all love hearing about all things MTR so this week we are bringing you another episode about MTR strategy, except this time we are talking about the 5 pitfalls (which we’ve lovingly termed ‘cash-flow-killers’) you’ll definitely want to avoid making with properties in your REI portfolio.  
 

1. Utilities

If you’re not tracking tenant utility usage, you should be. Utilities are typically covered for tenants in mid-term rentals, but you’ll want to make sure that your tenants aren’t going over ‘average’ usage for the utilities. 

We recommend adding a utility addendum to your lease explaining that any overage from the average usage (which can typically be found on your utility company’s website) will be billed back to the tenant. You can also post signs on the doors so when they go to leave the property, they’re reminded to check things like the lights and thermostat, and not leave them in use when they aren’t even home. Lastly, you could invest in a thermostat that you can control remotely and set limits on. 
 

2. Location

C & D class neighborhoods, simply put, are just not recommended for MTRs. Even units in some B-class neighborhoods will sit vacant longer than desired because traveling professionals know what kind of areas to look for and which ones to stay away from. 

Vacant units will always cut into your cash flow, so choose your MTR location very wisely. 
 

3. Noisy Locations

Many MTR tenants are traveling nurses, and as you could guess, work nights (or even around the clock) on some days. Typically they are only in the unit to eat, sleep, and repeat so they want to come home to a quiet space they are comfortable in and aren’t interested in dealing with a noisy neighborhood or noisy neighbors. 


4. Cleaning Fees

This one can be a bit tricky. It’s nice to be able to cover your tenant's cleaning fees - it’s one less thing for them to pay, right? While true, that also cuts into your cash flow.

After covering cleaning fees for quite some time by just charging more for rent, Grace has discovered that she is likely leaving money on the table because it cuts into her cash flow. She realized that she could simply include a cleaning fee, along with the deposit, and tenants are still happy to rent her units, despite the cleaning costs coming out of their pocket. She also realized that for the most part, tenants are used to paying a cleaning fee. 

Amelia collects a deposit to hold the unit, then 1-2 days prior to move-in collects the 1st month’s rent along with the cleaning fee.


5. Not having a detailed list of supplies for your unit.

Do you know exactly how many cups, plates, forks, towels, etc., are in each one of your units? If you don’t you should. Now before we proceed, we will be the first to admit that we have both been super lax here, but it is on both of our ‘goals for 2023’ lists to do a much better job of this one.

Go through your units with a fine tooth comb. By having this list for each unit, when your tenant moves out you know not only needs to be replaced and charged back to the tenant. Keep this list handy for yourself, your cleaner, or your property manager so everyone knows exactly what should be in each unit so you aren’t losing money by keeping your rentals stocked and passing those charges along to the tenant. 


That’s all for this week friends, thank you for joining us. If you have any questions or topics you’d like us to cover shoot us a DM on Instagram!

Catch you in the next episode!

 

 

Resources:

]]> WIIRE 025: MTR Cash Flow Killers with Amelia & Grace Amelia McGee, Grace Gudenkauf 00:16:45 Hello everyone, welcome back to the WIIRE Podcast! We know you all love hearing about all things MTR so this week we are bringing you another episode about MTR strategy, except this time we are talking about the 5 pitfalls (which we’ve lovingly termed ‘cash-flow-killers’) you’ll definitely want to avoid making with properties in your REI portfolio.  Hello everyone, welcome back to the WIIRE Podcast! We know you all love hearing about all things MTR so this week we are bringing you another episode about MTR strategy, except this time we are talking about the 5 pitfalls (which we’ve lovingly termed ‘cash-flow-killers’) you’ll definitely want to avoid making with properties in your REI portfolio.  rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate true full 25 bb225fe1-e9fe-4daf-9e9f-1d99100b3f3d WIIRE 024: Strategies to Buy a Property with Low Money Down with Amelia & Grace Welcome back to another podcast episode! We recently received a great topic request on Instagram to talk about low and no-money-down deals that we’ve each done so this week we are diving into exactly that. In this episode, we will be sharing three examples of deals we’ve done, all real-life examples from our personal portfolios, and we hope they are super helpful and allow you to think outside of the box!


Amelia purchased a single-family home in April 2021 after having found the deal through a local investor she saw working through Facebook Marketplace. But by the time she called him about the deal, it had already sold, so Amelia did a bit of research and found out that the seller owned multiple properties in the area. She reached out to see if he had other properties for sale and offered a package deal for multiple properties. This offer was for a 30-day close on four properties and despite dragging her dad along (kicking and screaming), it was a killer deal.  Amelia and her parents partnered 50/50, but none of them had to come out of pocket for money with their creative financing techniques. 
 

Grace also has done her share of creative financing and on her deal wanted to use instant equity that they were buying into. At the time she had one single-family home that was under construction and wanted to buy two duplexes (four units) for $255,000. 20% Down would have been $51,000, which she absolutely did not have at the age of 23 and only one year into her W-2. Even splitting it 50/50 with her partner wasn’t going to work, but Grace was willing to work some creative financing to make it happen. Grace knew the owner of the four units who had had a wholesaler approach him to purchase the units. Grace convinced the seller to let her look at the unsigned contract and told him, in short, that it was basically a piece of crap, and he should sell to her instead. The good news was that the wholesaler had already worked the seller down to his bottom dollar of $255K. 

Grace called the bank she had used for a previous deal, which turned her down. She called a second bank, one she had been banking with personally, and spoke with the VP directly, who knew Grace and her background well and was willing to take the chance on her deal of 10% down. Being newly employed at the time and her boyfriend being unemployed, Grace turned to her sister to bring her in as a 3rd partner in the deal. Her sister agreed and this allowed Grace’s portion of the down payment to drop from the original amount of $51K to only $8,500. 
 

The final example were going to share is the first (and only) deal Grace and Amelia have partnered on together. In a previous episode you heard us share that we purchased a property in Amelias hometown from one of her friends parents for only $38,940. Having mentioned to the seller about a year prior her interesting buying, the seller remembered that seed Amelia had planted. 

One important thing to note about this deal was that the seller is moving and not taking everything with them, and was moving into an apartment and didn’t need the immediate seller payoff. Amelia and Grace negotiated to pay her one year after closing, so they could fix it up and flip it with no down payment. They planned to do some painting, updated the flooring, and sell it for between $60-70K. During the process, plans changed and they ended up putting a renter into the property, furnished, and with a few other unexpected expenses coming up, they had to do some additional work to refinance the property so Amelia could solely own the property and buy out Grace’s portion. 

A few months in, Amelia refinanced with her local bank to purchase Grace’s portion of the property, which appraised at $65K. To buy out Grace’s portion of the property Amelia partnered with her parents because, despite Amelia financing the down payment, her parents adore the property and would like to flip it when the current tenant moves out. All in all, they were under contract for $38,940 and did a wrap mortgage for the financing, and paid her off in full after the 1-year time period. 
 

One final recommendation…

Don't be afraid to wheel and deal with your bank. Some of them will say no, but some of them also might be interested in what you have to offer, especially if they know that you can get the deal done. So the first deal you do, maybe you won't be able to wheel and deal as much. But as you establish that relationship, just ask and make sure you're exploring all of those options.

We hope you liked the breakdown of these deals. As always, if you have any recommendations for future episodes, feel free to DM us on Instagram. We love getting your requests, and we will catch you in the next episode!

 

 

Resources:

]]> Mon, 19 Dec 2022 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/24-strategies-to-buy-a-property-with-low-money-down-with-amelia-grace-969X3Rfd Welcome back to another podcast episode! We recently received a great topic request on Instagram to talk about low and no-money-down deals that we’ve each done so this week we are diving into exactly that. In this episode, we will be sharing three examples of deals we’ve done, all real-life examples from our personal portfolios, and we hope they are super helpful and allow you to think outside of the box!


Amelia purchased a single-family home in April 2021 after having found the deal through a local investor she saw working through Facebook Marketplace. But by the time she called him about the deal, it had already sold, so Amelia did a bit of research and found out that the seller owned multiple properties in the area. She reached out to see if he had other properties for sale and offered a package deal for multiple properties. This offer was for a 30-day close on four properties and despite dragging her dad along (kicking and screaming), it was a killer deal.  Amelia and her parents partnered 50/50, but none of them had to come out of pocket for money with their creative financing techniques. 
 

Grace also has done her share of creative financing and on her deal wanted to use instant equity that they were buying into. At the time she had one single-family home that was under construction and wanted to buy two duplexes (four units) for $255,000. 20% Down would have been $51,000, which she absolutely did not have at the age of 23 and only one year into her W-2. Even splitting it 50/50 with her partner wasn’t going to work, but Grace was willing to work some creative financing to make it happen. Grace knew the owner of the four units who had had a wholesaler approach him to purchase the units. Grace convinced the seller to let her look at the unsigned contract and told him, in short, that it was basically a piece of crap, and he should sell to her instead. The good news was that the wholesaler had already worked the seller down to his bottom dollar of $255K. 

Grace called the bank she had used for a previous deal, which turned her down. She called a second bank, one she had been banking with personally, and spoke with the VP directly, who knew Grace and her background well and was willing to take the chance on her deal of 10% down. Being newly employed at the time and her boyfriend being unemployed, Grace turned to her sister to bring her in as a 3rd partner in the deal. Her sister agreed and this allowed Grace’s portion of the down payment to drop from the original amount of $51K to only $8,500. 
 

The final example were going to share is the first (and only) deal Grace and Amelia have partnered on together. In a previous episode you heard us share that we purchased a property in Amelias hometown from one of her friends parents for only $38,940. Having mentioned to the seller about a year prior her interesting buying, the seller remembered that seed Amelia had planted. 

One important thing to note about this deal was that the seller is moving and not taking everything with them, and was moving into an apartment and didn’t need the immediate seller payoff. Amelia and Grace negotiated to pay her one year after closing, so they could fix it up and flip it with no down payment. They planned to do some painting, updated the flooring, and sell it for between $60-70K. During the process, plans changed and they ended up putting a renter into the property, furnished, and with a few other unexpected expenses coming up, they had to do some additional work to refinance the property so Amelia could solely own the property and buy out Grace’s portion. 

A few months in, Amelia refinanced with her local bank to purchase Grace’s portion of the property, which appraised at $65K. To buy out Grace’s portion of the property Amelia partnered with her parents because, despite Amelia financing the down payment, her parents adore the property and would like to flip it when the current tenant moves out. All in all, they were under contract for $38,940 and did a wrap mortgage for the financing, and paid her off in full after the 1-year time period. 
 

One final recommendation…

Don't be afraid to wheel and deal with your bank. Some of them will say no, but some of them also might be interested in what you have to offer, especially if they know that you can get the deal done. So the first deal you do, maybe you won't be able to wheel and deal as much. But as you establish that relationship, just ask and make sure you're exploring all of those options.

We hope you liked the breakdown of these deals. As always, if you have any recommendations for future episodes, feel free to DM us on Instagram. We love getting your requests, and we will catch you in the next episode!

 

 

Resources:

]]> WIIRE 024: Strategies to Buy a Property with Low Money Down with Amelia & Grace Amelia McGee, Grace Gudenkauf 00:34:56 Looking for some great strategies for buying investment properties with low money down? You've asked, and we listened. In this week's podcast episode we are sharing our own stories, plus giving you the deets on a deal we did together, all with low money down. Looking for some great strategies for buying investment properties with low money down? You've asked, and we listened. In this week's podcast episode we are sharing our own stories, plus giving you the deets on a deal we did together, all with low money down. rental property, rei strategy, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, creative financing, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate, wiiee retreat true full 24 d67fd170-3c4c-4332-ba12-459129c9f1ca WIIRE 023: Get a Jump Start on Your Taxes Before the End of the Year with Natalie Kolodij With 2022 drawing to a close, tax season is nearly upon us. This week on the podcast we are joined by our friend, Natalie Kolodij, a Real Estate Tax Strategist who is sharing her expertise with us on what we should be doing to prepare for tax season when it comes to REI. 

Natalie is an IRS Enrolled Agent and Real Estate Tax Strategist who has been working exclusively in real estate since 2014. Natalie is highly specialized in her niche and loves helping people get set up with the right strategies to really work on building their wealth in the most effective way they can.

The first thing we cover in this episode is how you can save on taxes by having your rental property transition (temporarily) to a short-term rental property, before turning it into a long-term or mid-term rental. One of the key things with normal rentals, long-term rentals, or even mid-term rentals, is that they're in the same category for taxes called ‘passive income’ to the government, meaning that you don't pay any payroll taxes on it. But a trade-off there is that when a passive activity like a rental creates a loss, you can't always use it, depending on your circumstances. There are certain circumstances where you can, and some circumstances when you can't. So typically, if your annual income is above $100,000, you might not be able to use that loss. It can always offset other passive income, but not your W-2’s or other income types. It's in its own bucket and that is passive loss limit. You don’t lose it, but rather it carries forward into the next year. 

Short-term rentals are a unique hybrid area where if you have a short-term rental, where the average stay is 7 days or less, then it can qualify as non-passive. By breaching that nonpassive designation, any losses you create are no longer subject to that income limit and there’s no true cap on that. So with a short-term rental, you can do something like utilize cost segregation, where you push some of your depreciation up to the front end, have a big loss in one year, and be able to fully deduct it against your earnings from your W-2 job (or flipping income or any other types of income). It creates a really great loophole. 

In this episode, Natalie shares so many great tips and tricks, just like this, about how to prepare yourself for tax season, find the right accountant for your business, and so much more, in a way to help set you up for a stress-free tax season. She also shares her Year End Tax Prep Checklist for Real Estate Investors with our listeners. 

Want to connect with Natalie or find out more about her current client offerings? Shoot her a DM on Instagram or visit her website to learn more!

Thank you for listening, friends! We’ll catch you in the next episode! 
 

 

Resources

]]> Mon, 12 Dec 2022 07:00:00 +0000 hello@womeninvestinrealestate.com (Natalie Kolodij, Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/23-get-a-jump-start-on-your-taxes-before-the-end-of-the-year-with-natalie-kolodij-nd0oxm46 With 2022 drawing to a close, tax season is nearly upon us. This week on the podcast we are joined by our friend, Natalie Kolodij, a Real Estate Tax Strategist who is sharing her expertise with us on what we should be doing to prepare for tax season when it comes to REI. 

Natalie is an IRS Enrolled Agent and Real Estate Tax Strategist who has been working exclusively in real estate since 2014. Natalie is highly specialized in her niche and loves helping people get set up with the right strategies to really work on building their wealth in the most effective way they can.

The first thing we cover in this episode is how you can save on taxes by having your rental property transition (temporarily) to a short-term rental property, before turning it into a long-term or mid-term rental. One of the key things with normal rentals, long-term rentals, or even mid-term rentals, is that they're in the same category for taxes called ‘passive income’ to the government, meaning that you don't pay any payroll taxes on it. But a trade-off there is that when a passive activity like a rental creates a loss, you can't always use it, depending on your circumstances. There are certain circumstances where you can, and some circumstances when you can't. So typically, if your annual income is above $100,000, you might not be able to use that loss. It can always offset other passive income, but not your W-2’s or other income types. It's in its own bucket and that is passive loss limit. You don’t lose it, but rather it carries forward into the next year. 

Short-term rentals are a unique hybrid area where if you have a short-term rental, where the average stay is 7 days or less, then it can qualify as non-passive. By breaching that nonpassive designation, any losses you create are no longer subject to that income limit and there’s no true cap on that. So with a short-term rental, you can do something like utilize cost segregation, where you push some of your depreciation up to the front end, have a big loss in one year, and be able to fully deduct it against your earnings from your W-2 job (or flipping income or any other types of income). It creates a really great loophole. 

In this episode, Natalie shares so many great tips and tricks, just like this, about how to prepare yourself for tax season, find the right accountant for your business, and so much more, in a way to help set you up for a stress-free tax season. She also shares her Year End Tax Prep Checklist for Real Estate Investors with our listeners. 

Want to connect with Natalie or find out more about her current client offerings? Shoot her a DM on Instagram or visit her website to learn more!

Thank you for listening, friends! We’ll catch you in the next episode! 
 

 

Resources

]]> WIIRE 023: Get a Jump Start on Your Taxes Before the End of the Year with Natalie Kolodij Natalie Kolodij, Amelia McGee, Grace Gudenkauf 00:52:09 With 2022 drawing to a close, tax season is nearly upon us. This week on the WIIRE podcast we are joined by our friend, Natalie Kolodij, a Real Estate Tax Strategist who is sharing her expertise with us on what we should be doing to prepare for tax season when it comes to REI. Natalie is an IRS Enrolled Agent and Real Estate Tax Strategist who has been working exclusively in real estate since 2014. Natalie is highly specialized in her niche and loves helping people get set up with the right strategies to really work on building their wealth in the most effective way they can. With 2022 drawing to a close, tax season is nearly upon us. This week on the WIIRE podcast we are joined by our friend, Natalie Kolodij, a Real Estate Tax Strategist who is sharing her expertise with us on what we should be doing to prepare for tax season when it comes to REI. Natalie is an IRS Enrolled Agent and Real Estate Tax Strategist who has been working exclusively in real estate since 2014. Natalie is highly specialized in her niche and loves helping people get set up with the right strategies to really work on building their wealth in the most effective way they can. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, end of year planning, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, real estate tax strategist, women invest in real estate, brrrr, rei taxes, rental property investor, tax planning, real estate advice, rei conversations, investment, women investing in real estate, wiiee retreat, accounting true full 23 3dbacea1-a8fb-4ad7-be69-f6ebc62005be WIIRE 022: MTR Rent by the Room with Jessie Dillon Hi everybody, welcome back to the WIIRE podcast! We are so excited to welcome our friend and real estate investor, Jessie Dillon, to the show this week! Jessie is not only a member of the WIIRE Community, but has attended two of our retreats, and today she is going to be telling us all about how she rents out a room in her home as a mid-term rental.

Jessie is based in central Massachusetts and rents out the room in her own home as a house hack, and aside from her REI business she owns a beauty business and is a wife and stepmom. Jessie has grown her REI biz to 5 doors and in 2022 alone grew her portfolio from $0 to $1.5 million!
 

Why rent by the room?

Jessie started investing in real estate in January 2022 and at the time lived in an extremely reasonably priced apartment with a fantastic landlord. While he was a great landlord, he owned multiple properties, causing him to not pay super close attention to each individual property. Jessie decided that she would only move and increase their cost of living if it was the absolutely perfect situation. 

Eventually, Jessie found a duplex property on Zillow that had been listed for roughly one month and was only one mile away from their apartment. After looking at the numbers they went all in on it and by that evening had signed an offer (in a smoothie shop, nonetheless) for the property. It was in a great neighborhood, half of it was newly flipped and the listing agent was also the owner who had done the work. It was so easy - no one else really even needed to be involved. They purchased the property in July and moved in at the end of August. 

Right away they got a long-term tenant for the other half of the duplex and they began tossing around the idea of renting out their guest room as a mid-term rental. They debated whether they wanted to share their personal space with a complete stranger and eventually decided that the potential income it would bring in was too good to pass up and they should at least try it out. Within 6 weeks they had a tenant locked in.

 

How much does your tenant pay in rent?

Their monthly mortgage payment is $3,850, and between the income from the other half of the duplex and their mid-term tenant, they only have to cover $50 of that monthly mortgage payment. They basically are getting $700 per month of principal paid down, with their $600K asset appreciating (in a high-appreciation state), and them only paying $50 towards the principal interest, taxes, and insurance, it’s just too good of a deal. Jessie and her husband purchased the property for $590K using an FHA loan and also a private investor from their circle.

Next came furnishing the unit. Jessie kept it super simple and while she considered going the normal marketplace route, she opted to go with mostly new items because that way if the in-house mid-term tenant thing didn’t work out, she would at least have a super cute, furnished guest room.

 

So, how is it working out having someone else live in your space?

Actually, great! She shares our space respectfully and we get along great. They did a full background check, social media search, Facetime calls, formal lease, etc., the same as they would for a short-term tenant or a mid-term tenant in a separate property. It’s been about 6 weeks and she actually might extend it out further. Jessie listed the property on both Airbnb and Furnished Finder. The tenant pays $1,700 per month, which includes everything, including ‘light pet care’ and laundry service since Jessie works from home (creative bonus income!). 

If you want to know about Jessie or connect with her personally, send her a DM on Instagram!

Thank you for joining us this week, we’ll catch you in the next episode!




 

Resources

]]> Mon, 5 Dec 2022 07:00:00 +0000 hello@womeninvestinrealestate.com (Jessie Dillon, Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/22-mtr-rent-by-the-room-with-jessie-dillon-Brfriu9s Hi everybody, welcome back to the WIIRE podcast! We are so excited to welcome our friend and real estate investor, Jessie Dillon, to the show this week! Jessie is not only a member of the WIIRE Community, but has attended two of our retreats, and today she is going to be telling us all about how she rents out a room in her home as a mid-term rental.

Jessie is based in central Massachusetts and rents out the room in her own home as a house hack, and aside from her REI business she owns a beauty business and is a wife and stepmom. Jessie has grown her REI biz to 5 doors and in 2022 alone grew her portfolio from $0 to $1.5 million!
 

Why rent by the room?

Jessie started investing in real estate in January 2022 and at the time lived in an extremely reasonably priced apartment with a fantastic landlord. While he was a great landlord, he owned multiple properties, causing him to not pay super close attention to each individual property. Jessie decided that she would only move and increase their cost of living if it was the absolutely perfect situation. 

Eventually, Jessie found a duplex property on Zillow that had been listed for roughly one month and was only one mile away from their apartment. After looking at the numbers they went all in on it and by that evening had signed an offer (in a smoothie shop, nonetheless) for the property. It was in a great neighborhood, half of it was newly flipped and the listing agent was also the owner who had done the work. It was so easy - no one else really even needed to be involved. They purchased the property in July and moved in at the end of August. 

Right away they got a long-term tenant for the other half of the duplex and they began tossing around the idea of renting out their guest room as a mid-term rental. They debated whether they wanted to share their personal space with a complete stranger and eventually decided that the potential income it would bring in was too good to pass up and they should at least try it out. Within 6 weeks they had a tenant locked in.

 

How much does your tenant pay in rent?

Their monthly mortgage payment is $3,850, and between the income from the other half of the duplex and their mid-term tenant, they only have to cover $50 of that monthly mortgage payment. They basically are getting $700 per month of principal paid down, with their $600K asset appreciating (in a high-appreciation state), and them only paying $50 towards the principal interest, taxes, and insurance, it’s just too good of a deal. Jessie and her husband purchased the property for $590K using an FHA loan and also a private investor from their circle.

Next came furnishing the unit. Jessie kept it super simple and while she considered going the normal marketplace route, she opted to go with mostly new items because that way if the in-house mid-term tenant thing didn’t work out, she would at least have a super cute, furnished guest room.

 

So, how is it working out having someone else live in your space?

Actually, great! She shares our space respectfully and we get along great. They did a full background check, social media search, Facetime calls, formal lease, etc., the same as they would for a short-term tenant or a mid-term tenant in a separate property. It’s been about 6 weeks and she actually might extend it out further. Jessie listed the property on both Airbnb and Furnished Finder. The tenant pays $1,700 per month, which includes everything, including ‘light pet care’ and laundry service since Jessie works from home (creative bonus income!). 

If you want to know about Jessie or connect with her personally, send her a DM on Instagram!

Thank you for joining us this week, we’ll catch you in the next episode!




 

Resources

]]> WIIRE 022: MTR Rent by the Room with Jessie Dillon Jessie Dillon, Amelia McGee, Grace Gudenkauf 00:31:31 Hi everybody, welcome back to the WIIRE podcast! We are so excited to welcome our friend and real estate investor, Jessie Dillon, to the show this week! Jessie is not only a member of the WIIRE Community, but has attended two of our retreats, and today she is going to be telling us all about how she rents out a room in her home as a mid-term rental. Hi everybody, welcome back to the WIIRE podcast! We are so excited to welcome our friend and real estate investor, Jessie Dillon, to the show this week! Jessie is not only a member of the WIIRE Community, but has attended two of our retreats, and today she is going to be telling us all about how she rents out a room in her home as a mid-term rental. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rent by the room, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, #rei, #shorttermrentals, #rentalpropertyinvestor, rental property investor, real estate advice, rei conversations, investment, women investing in real estate, wiiee retreat true full 22 15e8209a-004f-45a7-aca4-07dbecffce4e WIIRE 021: The Best Way to Hire Virtual Assistants with Cat Storing We are back this week with episode 21 of the WIIRE podcast and joining us this week is our friend, Cat Storing who recently joined us at our WIIRE retreat in Orlando. Cat is going to be sharing with us all about her experience in hiring Virtual Assistants (VA) to work on her team. Cat had so much to share and brought an amazing energy to the retreat, and we are so excited to have her on this episode. 
 

All About Cat

Cat is a business coach, is really good with technology (her claim to fame), is an author, hosts the REI Podcast, is excellent at figuring out processes, and is really into real estate investing. And while she loves doing all of the things, she is still just one person, so this is where hiring a VA has come in really handy in her business. She has worked as a personal stylist and also in purchasing and now has transitioned into real estate and business coaching. Cat helps people monetize their expertise and is an amazing resource to so many people. 

 

Cat’s First VA

When Cat hired her first VA, she was ready to really dive into the world of social media but knew the demands of social media and the dedication it requires. She also knew she couldn’t be doing all of these things, and posting to social media while still working her full-time job. Cat found her first VA (located in India) on UpWork and her specifics was giving the tasks to her VA and having them complete them overnight so that when she got up in the morning she could review them first thing. The problem (that she now realizes) is that she did not manage them well enough and they wound up taking advantage of her. She paid him on a weekly basis and since she wasn’t reviewing the tasks, he quickly figured that out, and simply stopped completing the tasks. 

Now, Cat has learned how to successfully manage her VAs and review their work, prior to submitting payment. Her biggest recommendation for those looking to hire their first VA is to allow them to learn your ways. 

 

Cat’s Best Tips for Hiring a VA

  • Decide exactly what tasks you need to outsource (or what you simply don’t want to do)
  • Look for a VA in your niche if you are looking for a real estate VA look for those specifically)
  • Once you begin working well together figure out if they are teachable and want to learn more tasks before offloading additional tasks on them
  • Have a system in place to review their tasks regularly
  • Treat your VA the way you would want to be treated
  • Start before you need to hire someone (i.e. NOW!)
  • Test the waters with different VAs

 

If you want to see more about what Cat does, visit her website or connect with her on Instagram. 

Thank you so much for joining us, we’ll catch you in the next episode!


 

Resources

]]> Mon, 28 Nov 2022 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf, Cat Storing) https://women-invest-in-real-estate.simplecast.com/episodes/21-the-best-way-to-hire-virtual-assistants-with-amelia-grace-EbAV_a5d We are back this week with episode 21 of the WIIRE podcast and joining us this week is our friend, Cat Storing who recently joined us at our WIIRE retreat in Orlando. Cat is going to be sharing with us all about her experience in hiring Virtual Assistants (VA) to work on her team. Cat had so much to share and brought an amazing energy to the retreat, and we are so excited to have her on this episode. 
 

All About Cat

Cat is a business coach, is really good with technology (her claim to fame), is an author, hosts the REI Podcast, is excellent at figuring out processes, and is really into real estate investing. And while she loves doing all of the things, she is still just one person, so this is where hiring a VA has come in really handy in her business. She has worked as a personal stylist and also in purchasing and now has transitioned into real estate and business coaching. Cat helps people monetize their expertise and is an amazing resource to so many people. 

 

Cat’s First VA

When Cat hired her first VA, she was ready to really dive into the world of social media but knew the demands of social media and the dedication it requires. She also knew she couldn’t be doing all of these things, and posting to social media while still working her full-time job. Cat found her first VA (located in India) on UpWork and her specifics was giving the tasks to her VA and having them complete them overnight so that when she got up in the morning she could review them first thing. The problem (that she now realizes) is that she did not manage them well enough and they wound up taking advantage of her. She paid him on a weekly basis and since she wasn’t reviewing the tasks, he quickly figured that out, and simply stopped completing the tasks. 

Now, Cat has learned how to successfully manage her VAs and review their work, prior to submitting payment. Her biggest recommendation for those looking to hire their first VA is to allow them to learn your ways. 

 

Cat’s Best Tips for Hiring a VA

  • Decide exactly what tasks you need to outsource (or what you simply don’t want to do)
  • Look for a VA in your niche if you are looking for a real estate VA look for those specifically)
  • Once you begin working well together figure out if they are teachable and want to learn more tasks before offloading additional tasks on them
  • Have a system in place to review their tasks regularly
  • Treat your VA the way you would want to be treated
  • Start before you need to hire someone (i.e. NOW!)
  • Test the waters with different VAs

 

If you want to see more about what Cat does, visit her website or connect with her on Instagram. 

Thank you so much for joining us, we’ll catch you in the next episode!


 

Resources

]]> WIIRE 021: The Best Way to Hire Virtual Assistants with Cat Storing Amelia McGee, Grace Gudenkauf, Cat Storing 00:25:59 We are back this week with episode 21 and joining us this week is our friend, Cat Storing who recently joined us at our WIIRE retreat in Orlando. Cat is going to be sharing with us all about her experience in hiring Virtual Assistants (VA) to work on her team. Cat had so much to share and brought an amazing energy to the retreat, and we are so excited to have her on this episode.  We are back this week with episode 21 and joining us this week is our friend, Cat Storing who recently joined us at our WIIRE retreat in Orlando. Cat is going to be sharing with us all about her experience in hiring Virtual Assistants (VA) to work on her team. Cat had so much to share and brought an amazing energy to the retreat, and we are so excited to have her on this episode.  rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, #realestateiniowa, hiring, team, rental property investor, real estate advice, rei conversations, virtual assistant, investment, women investing in real estate, wiiee retreat true full 21 e762c12f-fda1-4241-8aa3-d1743763f67f WIIRE 020: BTS: Buying A Motel & Manufacturing Business with Amelia & Grace Hi friends welcome back! This week’s podcast episode is a fun one because it’s another behind-the-scenes episode where we’re going to dive into exactly what we are working on and give you a unique glimpse into some exciting things we each have happening in our businesses.
 

Amelia’s Updates

A few weeks ago Amelia (and her biz partners) submitted an offer and letter of intent to purchase a motel property and finally heard back from the sellers. While it wasn’t a resounding ‘YES’ to their offer, the sellers did ask to sit down with them and get to know them and their businesses, and really build that ‘know, like, and trust’ factor. 

A big part of why they want to sit down with Amelia and her team is because they’ve asked them to carry $1M of the down payment on a seller-financed note. This will allow them to vet them as sellers and learn about their experience and it is a great start to moving forward.

Amelia found this deal by posting on a local Facebook group for investors in Des Moines, Iowa. She had a pretty graphic created depicting her exact buy-box, and what she is looking for, and very quickly a broker reached out to her. Despite it being slightly outside what she was looking for, they anticipated she might still be interested in this unique property. Amelia had previously tossed around the idea of purchasing a hotel/motel type of property so really this wasn’t entirely outside her buy-box. With a higher purchase price, this 41-unit motel has a lot of potential, and she is super excited to see how this deal moves forward (knock on wood). 
 

Grace’s Updates

Grace and Brandt are in the process of purchasing a manufacturing business, even though the purchase is moving a bit slower than anticipated. For this purchase, they agreed on a 20% down over 7 years at 4.5%. A business acquisition works a lot like a large real estate deal where you have your letter of intent and then you have to get your purchase agreement signed. They had their letter of intent signed and sent a purchase agreement approximately 30 days ago and they’ve heard back from their attorney that their next step is to collateralize their real estate, which they had already anticipated happening. 

To do this, they made a list starting with the highest equity to the lowest, prioritizing things they want to hold onto. The seller asked for 20% down so they will be financing 80% at a purchase price of $820K. To finance this purchase they are using private money, plus the money they have from cash-out refinances that have been sitting. They cashed out their 8-unit BRRR about 3 months ago and haven’t used that money either, so all of this will be added to their financing. 

They’ve submitted their list and are just waiting on the response from their attorneys and they are excited to move forward!

They found this deal because a few months back, Brandt expressed interest to Grace in buying something other than traditional real estate; a business. After doing some research they eventually found this manufacturing business that was up for sale on BizBuySell. With both of their backgrounds in engineering, this was a great opportunity and they jumped on it. 

They plan to implement better management as well as better systems and processes and make this business a long-term purchase. 

 

Hopefully, on the next BTS episode, we both have promising updates!

Do you have questions or things you’d like to hear us talk about on an upcoming episode? We would love to hear them! Just DM us on Instagram. 

Thanks for tuning in, we’ll catch you in the next episode!

 

Resources:

]]> Mon, 21 Nov 2022 07:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/20-bts-buying-a-motel-manufacturing-business-with-amelia-grace-Hn_aY1np Hi friends welcome back! This week’s podcast episode is a fun one because it’s another behind-the-scenes episode where we’re going to dive into exactly what we are working on and give you a unique glimpse into some exciting things we each have happening in our businesses.
 

Amelia’s Updates

A few weeks ago Amelia (and her biz partners) submitted an offer and letter of intent to purchase a motel property and finally heard back from the sellers. While it wasn’t a resounding ‘YES’ to their offer, the sellers did ask to sit down with them and get to know them and their businesses, and really build that ‘know, like, and trust’ factor. 

A big part of why they want to sit down with Amelia and her team is because they’ve asked them to carry $1M of the down payment on a seller-financed note. This will allow them to vet them as sellers and learn about their experience and it is a great start to moving forward.

Amelia found this deal by posting on a local Facebook group for investors in Des Moines, Iowa. She had a pretty graphic created depicting her exact buy-box, and what she is looking for, and very quickly a broker reached out to her. Despite it being slightly outside what she was looking for, they anticipated she might still be interested in this unique property. Amelia had previously tossed around the idea of purchasing a hotel/motel type of property so really this wasn’t entirely outside her buy-box. With a higher purchase price, this 41-unit motel has a lot of potential, and she is super excited to see how this deal moves forward (knock on wood). 
 

Grace’s Updates

Grace and Brandt are in the process of purchasing a manufacturing business, even though the purchase is moving a bit slower than anticipated. For this purchase, they agreed on a 20% down over 7 years at 4.5%. A business acquisition works a lot like a large real estate deal where you have your letter of intent and then you have to get your purchase agreement signed. They had their letter of intent signed and sent a purchase agreement approximately 30 days ago and they’ve heard back from their attorney that their next step is to collateralize their real estate, which they had already anticipated happening. 

To do this, they made a list starting with the highest equity to the lowest, prioritizing things they want to hold onto. The seller asked for 20% down so they will be financing 80% at a purchase price of $820K. To finance this purchase they are using private money, plus the money they have from cash-out refinances that have been sitting. They cashed out their 8-unit BRRR about 3 months ago and haven’t used that money either, so all of this will be added to their financing. 

They’ve submitted their list and are just waiting on the response from their attorneys and they are excited to move forward!

They found this deal because a few months back, Brandt expressed interest to Grace in buying something other than traditional real estate; a business. After doing some research they eventually found this manufacturing business that was up for sale on BizBuySell. With both of their backgrounds in engineering, this was a great opportunity and they jumped on it. 

They plan to implement better management as well as better systems and processes and make this business a long-term purchase. 

 

Hopefully, on the next BTS episode, we both have promising updates!

Do you have questions or things you’d like to hear us talk about on an upcoming episode? We would love to hear them! Just DM us on Instagram. 

Thanks for tuning in, we’ll catch you in the next episode!

 

Resources:

]]> WIIRE 020: BTS: Buying A Motel & Manufacturing Business with Amelia & Grace Amelia McGee, Grace Gudenkauf 00:26:49 This week’s podcast episode is a fun one because it’s another behind-the-scenes episode where we’re going to dive into exactly what we are working on at WIIRE and give you a unique glimpse into some exciting things we each have happening in our businesses. This week’s podcast episode is a fun one because it’s another behind-the-scenes episode where we’re going to dive into exactly what we are working on at WIIRE and give you a unique glimpse into some exciting things we each have happening in our businesses. rental property, buying a business, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, business buying, real estate advice, rei conversations, investment, women investing in real estate, wiiee retreat true full 20 5d4cdad7-c60b-470c-9c30-ff6f770dfc36 WIIRE 019: Creative Financing Definitions & Examples with Amelia & Grace Hello everyone, welcome back to the podcast. In this podcast episode, we're going to talk all about creative financing. Specifically, we will be breaking down the three main types of creative financing: seller financing, wrap mortgage (also called a wrap-around mortgage), and Sub2 mortgage. 

When you hear the words “creative financing”, you need to understand that is an umbrella term for seller finance, wrap mortgage, Sub2 finance, etc.; all of those terms are in the realm of creative financing. Many times people confuse seller financing (us included!) with these very specific, and different, types of financing. 
 

Seller Finance

Let’s first break down seller financing. Seller financing is when the seller lets a buyer buy them out over time, and the property has no debt on it. You can negotiate the terms to be exactly how you want and it can be much quicker to close, especially with rising interest rates, to benefit both you as the buyer and the seller. A seller finance deal has a purchase price, a down payment, a monthly payment, and a specific term length.
 

Wrap Mortgage

The second type of creative financing we’re going to discuss is a wrap mortgage or wrap-around mortgage. Think of a wrap mortgage as a seller finance deal, but with debt on the property. With the purchase of the property and you are taking your mortgage and wrapping it around the existing debt on the property. 

An example of this would be this: think of a property with a $95K mortgage on it. You come in and buy it for $105K, which wraps around the initial mortgage and whatever the difference between the mortgage debt, and the purchase price is the equity that the owner has. Just like a seller finance deal, a wrap mortgage has a purchase price, a down payment, a monthly payment, and a specific term length.


Sub2 Mortgage

The last type of creative finance we’re going to cover is the latest buzzword, Sub2. Sub2 is essentially the same thing as a wrap mortgage, except you're not giving the seller any equity. Also with a Sub2, you're not preparing any documents that show that you are owning the house, like you would with a mortgage. 

An example of a Sub2 would be if you are taking over someone’s house, it means that you are taking over the existing loan. Say the loan is for $95K, which is a $600 payment, you take it over at $95K. In the $600 payment, the seller basically gets to walk away with their hands clean. Maybe they had a super distressed property, maybe they moved out of the house three years ago and they've making been making two mortgage payments and they're just ready to be done. For whatever reason they're willing to let you take over their mortgage and just walk away. The difference is that you don't draw up a mortgage agreement stating who is purchasing the house from whom, for $X per month for X number of years. That document is what would protect the seller down the line if they decide to go get another house in terms of showing a DTI (debt to income ratio). With a Sub2, there is no seller protection and no mortgage documents outlining payment terms/schedules. 

 

To summarize…

  • Creative financing is the umbrella term. 
  • Seller finance is when a seller sells a debt-free property and the buyer pays them back over time. 
  • A wrap mortgage is the same thing, however, there's an existing piece of debt that the buyer takes over and they pay it back over time. 
  • Sub2 is the same thing as a wrap mortgage, except for there are no mortgage documents that protect the seller from DTI requirements. 

If you have any additional creative financing questions feel free to shoot us an email or DM us on Instagram.

Catch you in the next episode!


 

Resources:

]]> Mon, 14 Nov 2022 07:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/19-creative-financing-definitions-examples-with-amelia-grace-ZfRGELri Hello everyone, welcome back to the podcast. In this podcast episode, we're going to talk all about creative financing. Specifically, we will be breaking down the three main types of creative financing: seller financing, wrap mortgage (also called a wrap-around mortgage), and Sub2 mortgage. 

When you hear the words “creative financing”, you need to understand that is an umbrella term for seller finance, wrap mortgage, Sub2 finance, etc.; all of those terms are in the realm of creative financing. Many times people confuse seller financing (us included!) with these very specific, and different, types of financing. 
 

Seller Finance

Let’s first break down seller financing. Seller financing is when the seller lets a buyer buy them out over time, and the property has no debt on it. You can negotiate the terms to be exactly how you want and it can be much quicker to close, especially with rising interest rates, to benefit both you as the buyer and the seller. A seller finance deal has a purchase price, a down payment, a monthly payment, and a specific term length.
 

Wrap Mortgage

The second type of creative financing we’re going to discuss is a wrap mortgage or wrap-around mortgage. Think of a wrap mortgage as a seller finance deal, but with debt on the property. With the purchase of the property and you are taking your mortgage and wrapping it around the existing debt on the property. 

An example of this would be this: think of a property with a $95K mortgage on it. You come in and buy it for $105K, which wraps around the initial mortgage and whatever the difference between the mortgage debt, and the purchase price is the equity that the owner has. Just like a seller finance deal, a wrap mortgage has a purchase price, a down payment, a monthly payment, and a specific term length.


Sub2 Mortgage

The last type of creative finance we’re going to cover is the latest buzzword, Sub2. Sub2 is essentially the same thing as a wrap mortgage, except you're not giving the seller any equity. Also with a Sub2, you're not preparing any documents that show that you are owning the house, like you would with a mortgage. 

An example of a Sub2 would be if you are taking over someone’s house, it means that you are taking over the existing loan. Say the loan is for $95K, which is a $600 payment, you take it over at $95K. In the $600 payment, the seller basically gets to walk away with their hands clean. Maybe they had a super distressed property, maybe they moved out of the house three years ago and they've making been making two mortgage payments and they're just ready to be done. For whatever reason they're willing to let you take over their mortgage and just walk away. The difference is that you don't draw up a mortgage agreement stating who is purchasing the house from whom, for $X per month for X number of years. That document is what would protect the seller down the line if they decide to go get another house in terms of showing a DTI (debt to income ratio). With a Sub2, there is no seller protection and no mortgage documents outlining payment terms/schedules. 

 

To summarize…

  • Creative financing is the umbrella term. 
  • Seller finance is when a seller sells a debt-free property and the buyer pays them back over time. 
  • A wrap mortgage is the same thing, however, there's an existing piece of debt that the buyer takes over and they pay it back over time. 
  • Sub2 is the same thing as a wrap mortgage, except for there are no mortgage documents that protect the seller from DTI requirements. 

If you have any additional creative financing questions feel free to shoot us an email or DM us on Instagram.

Catch you in the next episode!


 

Resources:

]]> WIIRE 019: Creative Financing Definitions & Examples with Amelia & Grace Grace Gudenkauf, Amelia McGee 00:18:53 Hello everyone, welcome back to the WIIRE podcast. In this podcast episode, we're going to talk all about creative financing. Specifically, we will be breaking down the three main types of creative financing: seller financing, wrap mortgage (also called a wrap-around mortgage), and Sub2 mortgage. Hello everyone, welcome back to the WIIRE podcast. In this podcast episode, we're going to talk all about creative financing. Specifically, we will be breaking down the three main types of creative financing: seller financing, wrap mortgage (also called a wrap-around mortgage), and Sub2 mortgage. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate, wiiee retreat true full 19 84c00f96-0005-4f74-996d-8990a630fa0b WIIRE 018: How Will You Know It's Time To Quit Your Job with Amelia & Grace Hey everyone welcome back to episode 18 of the Women Invest In Real Estate podcast. We are super excited to talk to you today about how to know when it's time to go full-time in real estate investing and a couple of steps that you should take prior to quitting your full-time job. Plus, we're going to dive into our personal stories and when we knew it was time.
 

Amelia’s Journey

In 2020 Amelia flipped a property (hear this story in episode 1) and this led her to the realization that she was interested in buying rental properties and replacing her income from her full-time job with rental income. She then bought a tri-plex which cash-flowed around $700-800 per month. At the time her income from her full-time job was right around $50k so she was used to sticking to a strict budget and living below her means but knew she could get to where she could quit her full-time job. Quickly after that, Amelia then purchased a quad-plex from the same seller and was cash flowing around $1,000, so she was already at $1,800 per month. 

Being that Amelia was already debt free, she really only needed to bring in enough to cover her own rent and food. She eventually reached 7 doors, and by the end of the summer of 2021 was up to 15 doors and just shy of replacing her full-time income. She also knew that by quitting her 9-5 she could focus more on her REI career and be able to bring in even more income. The last step before she quit was going under contract for an 11-unit property with her partners from Idaho. Roughly 30 days later, she left her full-time job and never looked back. 
 

Grace’s Journey

While working remotely from Iowa as a mechanical engineer Grace’s income was sufficient but far from making her a millionaire. She was supposed to be relocating from Iowa to San Diego to begin working in-person for her job and in February of 2021 after wrapping up a large BRRR project. She felt really good doing this real estate project in the place she was born and raised and knew that it just would not be in the cards in California. She asked her company if she could work remotely permanently which they quickly shot down. She decided it was time to try this real estate thing on her own. She gave roughly three months’ notice to give herself time to prepare. 

Grace took the time to step out on a limb, and create an emergency fund for herself and she ended up taking some of her 401K out just to live on as a cushion (totally worthwhile in the long run). Amelia and Grace constantly remind themselves that you can’t fully see the opportunities that can come when you don’t have time or energy to look because you’re working full time. 

Once you are able to focus on entrepreneurship full-time, there are so many ways and things that you can do to make money.

Best tips to prep for quitting your 9-5:

  1. Give yourself a deadline to replace your full-time income
  2. Remember your WHY
  3. Be personally debt free!
  4. Know exactly what you spend every single month
  5. Establish good relationships with lenders after you have a few successful projects under your belt but before you quit your job
  6. Have an emergency fund (most people say 6 months is sufficient but think hard about your personal situation)

Don't forget, that there is some opportunity cost with you still being in a full-time job and you have the ability to make even more in real estate if you can focus full-time on that instead.

Thank you so much for listening! We will catch you in the next episode.

 

 

Resources:

]]> Mon, 7 Nov 2022 07:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/18-how-will-you-know-its-time-to-quit-your-job-with-amelia-grace-ZY5LC5Zv Hey everyone welcome back to episode 18 of the Women Invest In Real Estate podcast. We are super excited to talk to you today about how to know when it's time to go full-time in real estate investing and a couple of steps that you should take prior to quitting your full-time job. Plus, we're going to dive into our personal stories and when we knew it was time.
 

Amelia’s Journey

In 2020 Amelia flipped a property (hear this story in episode 1) and this led her to the realization that she was interested in buying rental properties and replacing her income from her full-time job with rental income. She then bought a tri-plex which cash-flowed around $700-800 per month. At the time her income from her full-time job was right around $50k so she was used to sticking to a strict budget and living below her means but knew she could get to where she could quit her full-time job. Quickly after that, Amelia then purchased a quad-plex from the same seller and was cash flowing around $1,000, so she was already at $1,800 per month. 

Being that Amelia was already debt free, she really only needed to bring in enough to cover her own rent and food. She eventually reached 7 doors, and by the end of the summer of 2021 was up to 15 doors and just shy of replacing her full-time income. She also knew that by quitting her 9-5 she could focus more on her REI career and be able to bring in even more income. The last step before she quit was going under contract for an 11-unit property with her partners from Idaho. Roughly 30 days later, she left her full-time job and never looked back. 
 

Grace’s Journey

While working remotely from Iowa as a mechanical engineer Grace’s income was sufficient but far from making her a millionaire. She was supposed to be relocating from Iowa to San Diego to begin working in-person for her job and in February of 2021 after wrapping up a large BRRR project. She felt really good doing this real estate project in the place she was born and raised and knew that it just would not be in the cards in California. She asked her company if she could work remotely permanently which they quickly shot down. She decided it was time to try this real estate thing on her own. She gave roughly three months’ notice to give herself time to prepare. 

Grace took the time to step out on a limb, and create an emergency fund for herself and she ended up taking some of her 401K out just to live on as a cushion (totally worthwhile in the long run). Amelia and Grace constantly remind themselves that you can’t fully see the opportunities that can come when you don’t have time or energy to look because you’re working full time. 

Once you are able to focus on entrepreneurship full-time, there are so many ways and things that you can do to make money.

Best tips to prep for quitting your 9-5:

  1. Give yourself a deadline to replace your full-time income
  2. Remember your WHY
  3. Be personally debt free!
  4. Know exactly what you spend every single month
  5. Establish good relationships with lenders after you have a few successful projects under your belt but before you quit your job
  6. Have an emergency fund (most people say 6 months is sufficient but think hard about your personal situation)

Don't forget, that there is some opportunity cost with you still being in a full-time job and you have the ability to make even more in real estate if you can focus full-time on that instead.

Thank you so much for listening! We will catch you in the next episode.

 

 

Resources:

]]> WIIRE 018: How Will You Know It's Time To Quit Your Job with Amelia & Grace Grace Gudenkauf, Amelia McGee 00:22:34 Hey everyone welcome back to episode 18 of the Women Invest In Real Estate podcast. We are super excited to talk to you today about how to know when it's time to go full-time in real estate investing and a couple of steps that you should take prior to quitting your full-time job. Plus, we're going to dive into our personal stories and when we knew it was time. Hey everyone welcome back to episode 18 of the Women Invest In Real Estate podcast. We are super excited to talk to you today about how to know when it's time to go full-time in real estate investing and a couple of steps that you should take prior to quitting your full-time job. Plus, we're going to dive into our personal stories and when we knew it was time. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate, wiiee retreat true full 18 50f1d098-22e5-4ceb-aade-93063ff6fae8 WIIRE 017: How to Make Your MTR Stand Out in a Saturated Market with Amelia & Grace Hey everyone! Welcome back to episode 17 of the Women Invest In Real Estate podcast. In this week's podcast episode we're going to be talking all about how you can make your mid-term rental stand out in a saturated market. This is such a great question and so relevant right now because the mid-term rental market is on the verge of some fierce competition and it’s super important to make sure that your listing stands out among others to keep your occupancy rate high and vacancy level low. You won’t want to miss this!
 

Tip #1: Post great photos

While we’re both guilty of not following this rule, if your MTR is in a highly saturated market we highly recommend investing in a professional photographer to take your listing photos. If you must take the photos yourself using your cell phone here are a few good rules of thumb to follow: use landscape mode, make sure your finger is not in the photos, take photos of small details (washer/dryer, kitchen utensils, etc.), and always brighten your photos.

Tip #2: Accept pets

We have learned that many travel nurses travel with furry companions and you can do things like requiring an additional non-refundable pet deposit and charging monthly pet rent to keep your listing in demand and keep the tenants happy to have their pets with them.

Tip #3: Provide laundry access

Nurses, specifically, do a lot of laundry. They can’t go to their hospital shift in a dirty pair of scrubs and having to sit at a laundromat outside of their working hours is less than ideal. Also, generally, the first amenity people look for, is laundry. So if you can swing it, and you’re in a saturated market, invest in putting a washer and dryer in your unit (or have a shared laundry space).

Tip #4: Add a security system

Many of our travelers are solo travelers and having that extra security feature can help people feel much more comfortable and safe when they are traveling in large cities. Also, some insurance companies offer a discount for having an active security system installed.

Tip #5 Update small touches

Small changes can make a big impact, without making a big dent in your wallet. Update light switch plates, cabinet hardware, faucet heads, and outlet covers; even simple ceiling fixtures can be a nice bonus to travelers (ceiling fans are big sellers!).

Tip #6 Focus on the bathrooms and kitchen

A big visual point in any property is the kitchen and bathrooms. Investing in even small updates in those spaces can go a long way.

Tip #7 Create an inviting outdoor space

After working a long shift in a hospital or corporate office, traveling professionals enjoy having their evening meal or even their morning coffee on a nice patio. Add a bistro table and chair set and this will help your unit stand out amongst the competition. It's so nice to have just that little outdoor space where you can spend time.

Tip #8 Write a detailed description (that sets the mood)

The more details you can add to a description the fewer questions people will have. They know what to expect which is a huge draw for a potential tenant. Help them envision what it looks like to live there: “enjoy your coffee outside on our shaded patio in the mornings and evenings”. Put yourself in the tenants’ shoes and answer the questions before they are even asked.

Tip #9 Make the barrier to entry low 

Make your responses and communication timely; the application process easy; the deposit process seamless, and never wait to respond to questions and inquiries. If you wait more than 1-2 days, chances are that tenant has already moved on. 
 

That’s all for this week. If you have any questions feel free to reach out to us on Instagram.

Thanks for listening and we’ll catch you in the next episode!

 

 

Resources:

]]> Mon, 31 Oct 2022 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/17-how-to-make-your-mtr-stand-out-in-a-saturated-market-2AK9RV_P Hey everyone! Welcome back to episode 17 of the Women Invest In Real Estate podcast. In this week's podcast episode we're going to be talking all about how you can make your mid-term rental stand out in a saturated market. This is such a great question and so relevant right now because the mid-term rental market is on the verge of some fierce competition and it’s super important to make sure that your listing stands out among others to keep your occupancy rate high and vacancy level low. You won’t want to miss this!
 

Tip #1: Post great photos

While we’re both guilty of not following this rule, if your MTR is in a highly saturated market we highly recommend investing in a professional photographer to take your listing photos. If you must take the photos yourself using your cell phone here are a few good rules of thumb to follow: use landscape mode, make sure your finger is not in the photos, take photos of small details (washer/dryer, kitchen utensils, etc.), and always brighten your photos.

Tip #2: Accept pets

We have learned that many travel nurses travel with furry companions and you can do things like requiring an additional non-refundable pet deposit and charging monthly pet rent to keep your listing in demand and keep the tenants happy to have their pets with them.

Tip #3: Provide laundry access

Nurses, specifically, do a lot of laundry. They can’t go to their hospital shift in a dirty pair of scrubs and having to sit at a laundromat outside of their working hours is less than ideal. Also, generally, the first amenity people look for, is laundry. So if you can swing it, and you’re in a saturated market, invest in putting a washer and dryer in your unit (or have a shared laundry space).

Tip #4: Add a security system

Many of our travelers are solo travelers and having that extra security feature can help people feel much more comfortable and safe when they are traveling in large cities. Also, some insurance companies offer a discount for having an active security system installed.

Tip #5 Update small touches

Small changes can make a big impact, without making a big dent in your wallet. Update light switch plates, cabinet hardware, faucet heads, and outlet covers; even simple ceiling fixtures can be a nice bonus to travelers (ceiling fans are big sellers!).

Tip #6 Focus on the bathrooms and kitchen

A big visual point in any property is the kitchen and bathrooms. Investing in even small updates in those spaces can go a long way.

Tip #7 Create an inviting outdoor space

After working a long shift in a hospital or corporate office, traveling professionals enjoy having their evening meal or even their morning coffee on a nice patio. Add a bistro table and chair set and this will help your unit stand out amongst the competition. It's so nice to have just that little outdoor space where you can spend time.

Tip #8 Write a detailed description (that sets the mood)

The more details you can add to a description the fewer questions people will have. They know what to expect which is a huge draw for a potential tenant. Help them envision what it looks like to live there: “enjoy your coffee outside on our shaded patio in the mornings and evenings”. Put yourself in the tenants’ shoes and answer the questions before they are even asked.

Tip #9 Make the barrier to entry low 

Make your responses and communication timely; the application process easy; the deposit process seamless, and never wait to respond to questions and inquiries. If you wait more than 1-2 days, chances are that tenant has already moved on. 
 

That’s all for this week. If you have any questions feel free to reach out to us on Instagram.

Thanks for listening and we’ll catch you in the next episode!

 

 

Resources:

]]> WIIRE 017: How to Make Your MTR Stand Out in a Saturated Market with Amelia & Grace Grace Gudenkauf, Amelia McGee 00:13:49 Hey everyone! Welcome back to episode 17 of the Women Invest In Real Estate podcast. In this week's podcast episode we're going to be talking all about how you can make your mid-term rental stand out in a saturated market. This is such a great question and so relevant right now because the mid-term rental market is on the verge of some fierce competition and it’s super important to make sure that your listing stands out among others to keep your occupancy rate high and vacancy level low. You won’t want to miss this! Hey everyone! Welcome back to episode 17 of the Women Invest In Real Estate podcast. In this week's podcast episode we're going to be talking all about how you can make your mid-term rental stand out in a saturated market. This is such a great question and so relevant right now because the mid-term rental market is on the verge of some fierce competition and it’s super important to make sure that your listing stands out among others to keep your occupancy rate high and vacancy level low. You won’t want to miss this! rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate, wiiee retreat true full 17 52338ac0-ac8d-4d75-a6e3-c62d4cf288ca WIIRE 016: Partnership Deep Dive: Debt vs Equity & Our Real Life Examples with Amelia & Grace Welcome back to another podcast episode! This week we’re doing a deep dive into partnerships in the world of real estate investing. We’re so excited to share with you the different types of REI partnerships, how we have structured our own partnerships, and also things to consider when it comes to implementing partnerships in your own REI business. 
 

Two Types of REI Partnerships: Debt & Equity

Equity Partnership

With an equity partnership, both parties are owners of the property. They both have a piece of the pie. And while your partnership style will depend on exactly whom brings what to the table, in the end, you both own the property.
 

Pros of Equity Partnerships

Equity partnerships allow you to buy more property, with more credit available and more funds available in general. Also, with equity partnerships, you are merging two strengths together, making for a very powerful partnership and two parties who are typically willing to really give the project their all.
 

Cons of Equity Partnerships

If you wind up not getting along with your partner, in the long run, that can get quite uncomfortable. Make sure that every so often you reassess your partnership (agreement) and its functionality. It also typically comes with a longer timeline because these types of partnerships operate for years. Make sure the person you partner with is someone you get along very well with. 
 

Also, many people don’t want to split the piece of their pie. And while 100% of nothing, is still nothing, you need to make sure you have a strong operating agreement for things that might come up. This partnership reduces risk and increases the availability of capital between the parties.
 

Debt Partnership

A debt partnership is at the very simplest, a loan. Think of it just like you are borrowing money from a bank, except these funds are coming from an individual person (often referred to as a ‘private investor’). This type of partnership and loan comes with a specific timeline, interest rate, payback period, etc. 

Pros of Debt Partnerships

These partnerships are often much shorter, and once you’ve paid back your investor, you’re all in, on your own. There are also a lot of people looking for dept partners - maybe they have extra money they are looking to invest and you have the know-how and expertise to allow them to invest with your REI project. Ultimately, in our opinion, the biggest pro of debt partnerships is that they are short term and once you’ve paid back your investor, the property, and income, are all yours. 

Cons of Debt Partnerships

Debt partnerships typically come at a higher cost. You have a higher interest rate to borrow private money, so typically you have a much shorter timeline for these; BRRRs, flipping, etc., where there is an exit strategy and end of a timeline. These types of loans also typically last under one year and you must pay off the loan in full by the end of that year. 
 

How To Find REI Partners

A great place to look for equity partners is in your own backyard. Talk to family and friends, interact with colleagues, and post on social media that you’re looking for new partnership opportunities. Show them what you’ve done, what you are currently doing, and build that ‘know, like, trust’ factor with them to make them want to know more. Another place to find great equity partners is through your local real estate investing groups and meetups. All of the people in that room are already interested in what you do, so look there to network and structure new partnerships. 

To find debt partners, look for investors who already have that extra money. Whether it is equity in their home, a self-directing IRA, or someone with a higher income (doctor, lawyer, etc.) but who doesn’t have the time to do the project themselves. These kinds of people typically want to be hands-off (ideal for a debt partnership), so you are their boots on the ground. 


 

Tips for Partnering

  1. Put yourself out there and don’t be afraid to ask for partnerships, but don’t try to partner too early.
  2. Negotiate and include a management fee if you will be doing the property management yourself.
  3. Make sure you outline a reassessment of your partnership after 1-2 years. 
     

A final piece of advice about partnerships:

Be cautious, but optimistic.

Thank you so much for listening! We would also LOVE to hear more of your burning REI questions or episode ideas so shoot us a DM on Instagram! 

See you in the next episode!

 

 

Resources:

]]> Mon, 24 Oct 2022 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/16-partnership-deep-dive-debt-vs-equity-our-real-life-examples-with-amelia-grace-qpOvzVdx Welcome back to another podcast episode! This week we’re doing a deep dive into partnerships in the world of real estate investing. We’re so excited to share with you the different types of REI partnerships, how we have structured our own partnerships, and also things to consider when it comes to implementing partnerships in your own REI business. 
 

Two Types of REI Partnerships: Debt & Equity

Equity Partnership

With an equity partnership, both parties are owners of the property. They both have a piece of the pie. And while your partnership style will depend on exactly whom brings what to the table, in the end, you both own the property.
 

Pros of Equity Partnerships

Equity partnerships allow you to buy more property, with more credit available and more funds available in general. Also, with equity partnerships, you are merging two strengths together, making for a very powerful partnership and two parties who are typically willing to really give the project their all.
 

Cons of Equity Partnerships

If you wind up not getting along with your partner, in the long run, that can get quite uncomfortable. Make sure that every so often you reassess your partnership (agreement) and its functionality. It also typically comes with a longer timeline because these types of partnerships operate for years. Make sure the person you partner with is someone you get along very well with. 
 

Also, many people don’t want to split the piece of their pie. And while 100% of nothing, is still nothing, you need to make sure you have a strong operating agreement for things that might come up. This partnership reduces risk and increases the availability of capital between the parties.
 

Debt Partnership

A debt partnership is at the very simplest, a loan. Think of it just like you are borrowing money from a bank, except these funds are coming from an individual person (often referred to as a ‘private investor’). This type of partnership and loan comes with a specific timeline, interest rate, payback period, etc. 

Pros of Debt Partnerships

These partnerships are often much shorter, and once you’ve paid back your investor, you’re all in, on your own. There are also a lot of people looking for dept partners - maybe they have extra money they are looking to invest and you have the know-how and expertise to allow them to invest with your REI project. Ultimately, in our opinion, the biggest pro of debt partnerships is that they are short term and once you’ve paid back your investor, the property, and income, are all yours. 

Cons of Debt Partnerships

Debt partnerships typically come at a higher cost. You have a higher interest rate to borrow private money, so typically you have a much shorter timeline for these; BRRRs, flipping, etc., where there is an exit strategy and end of a timeline. These types of loans also typically last under one year and you must pay off the loan in full by the end of that year. 
 

How To Find REI Partners

A great place to look for equity partners is in your own backyard. Talk to family and friends, interact with colleagues, and post on social media that you’re looking for new partnership opportunities. Show them what you’ve done, what you are currently doing, and build that ‘know, like, trust’ factor with them to make them want to know more. Another place to find great equity partners is through your local real estate investing groups and meetups. All of the people in that room are already interested in what you do, so look there to network and structure new partnerships. 

To find debt partners, look for investors who already have that extra money. Whether it is equity in their home, a self-directing IRA, or someone with a higher income (doctor, lawyer, etc.) but who doesn’t have the time to do the project themselves. These kinds of people typically want to be hands-off (ideal for a debt partnership), so you are their boots on the ground. 


 

Tips for Partnering

  1. Put yourself out there and don’t be afraid to ask for partnerships, but don’t try to partner too early.
  2. Negotiate and include a management fee if you will be doing the property management yourself.
  3. Make sure you outline a reassessment of your partnership after 1-2 years. 
     

A final piece of advice about partnerships:

Be cautious, but optimistic.

Thank you so much for listening! We would also LOVE to hear more of your burning REI questions or episode ideas so shoot us a DM on Instagram! 

See you in the next episode!

 

 

Resources:

]]> WIIRE 016: Partnership Deep Dive: Debt vs Equity & Our Real Life Examples with Amelia & Grace Grace Gudenkauf, Amelia McGee 00:30:10 Welcome back to another WIIRE podcast episode! This week we’re doing a deep dive into partnerships in the world of real estate investing. We’re so excited to share with you the different types of REI partnerships, how we have structured our own partnerships, and also things to consider when it comes to implementing partnerships in your own REI business. Welcome back to another WIIRE podcast episode! This week we’re doing a deep dive into partnerships in the world of real estate investing. We’re so excited to share with you the different types of REI partnerships, how we have structured our own partnerships, and also things to consider when it comes to implementing partnerships in your own REI business. #investment, #multifamily, #womeninbusiness, #midtermrentals, #str, #realestateadvice, #mtr, #realestateinvesting, #growthmindset, #reiconversations, #podcaster, #rentalproperty, #wiirecommunity, #womeninvestinrealestate, #realestate, #wiireretreat, #womeninrealestate, #fixandflip, #propertymanagement, #podcastersofinstagram, #realestateiniowa, #rei, #shorttermrentals, #rentalpropertyinvestor, #investmentproperty, #brrrr, #womeninvestinginrealestate, #rentalproperties true full 16 eb02b8f1-8aae-44ac-af81-e89b8a478467 WIIRE 015: Midterm Rental FAQs with Amelia & Grace Hello friends! Welcome to episode 15 of the Women Invest In Real Estate podcast. This week we are super excited to be fielding some FAQs that we often receive from our followers on Instagram. We’re going to answer some of these questions and hopefully help you out on your REI journey.
 

The FAQ Lineup

When purchasing a property, should a mid-term rental work as a long-term rental first, numbers-wise?

Our take: Absolutely. It should definitely function as a long-term rental first, at least enough to where it's going to cover your mortgage, your insurance, your property taxes, and your utilities. At the very least, you want to break even.
 

What is the difference in amenities/supplies in an MTR as compared to an STR?

Our take: We each provide a ‘starter pack’ of items such as paper towels and toilet paper, but in the long term we don’t provide these for the entire stay. We consider what they need to have a comfortable first couple of days while they get settled in, move in their clothes, buy groceries, to have a nice day. 
 

If you know you could get $X for midterm rental, what would you pay for the property?

Our take: We want to cash flow $200-400, or ideally as a long-term rental. As a bare minimum, we consider the 1% rule when analyzing deals.
 

Where should I list my midterm rental and how do I find tenants and comps for monthly MTR rates?

Our take: FurnishedFinder. You can check out comps and find tenants all in one place. We also recommend AirBNB to help fill gaps between bookings as well. 
 

What value do you use for vacancy when running your numbers in MTR versus LTR?

Our take: Amelia uses 8%, for MTR, even though we've found that it's significantly less than that. But again, she runs her numbers very conservatively and she also has some gaps in between bookings (maybe a week or two here or there) which adds up. Also consider that some banks, when you're underwriting larger deals like five+ units, they'll usually actually require a 10% vacancy in your underwriting. They simply want to see that the property still functions even if there is up to a 10% vacancy for the year.
 

Do your units have washer/dryers? We have no room for hookups and I'm pretty sure it will be a hard pass for some people, with others expecting cheaper rates.

Our take: You pretty much answered your own question. We recommend checking out FurnishedFinder for the specific area you’re considering and see if there are listings available that don’t have hookups for washer/dryer and it will show what is available. If they're all available right now, that means people don't want them. If they're not available for another two or three months, it means they are getting booked, so you could probably go for it. For Amelia, her units don't have washer/dryer, but there is a washer/dryer in the unit in a shared room. However, it is a hard pass for some people to not have a washer/dryer in their unit, and that's okay. 

We also recommend taking a play from our friend Britt’s playbook and getting creative by offering a laundry service for an upcharge. Our friend Jess got creative by offering pet care because she lives on the premises and works from home. This is a game changer for travelers with pets, especially traveling nurses who work long hours.
 

How do you get a hold of insurance companies to offer your an MTR for insurance claims?

You actually can call the adjusters at insurance companies. They have a department that's called a re-homing or re-housing department, and insurance companies will place displaced families in your units and pay for their housing. This is also an option to offer to local realtors to offer to people who have sold their houses and are still in between homes.
 

If you want to dive deeper into what we just touched on in this episode check out our MTR Profit Academy, which gives you the A to Z on how to start a midterm rental and successfully rent it out.

Have more questions? We would love to hear them! Shoot us an email or DM us on Instagram.

Thanks for tuning in, we’ll catch you in the next episode!

 

 

 

Resources:

]]> Mon, 17 Oct 2022 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/midterm-rental-faqs-with-amelia-grace-95p3luZj Hello friends! Welcome to episode 15 of the Women Invest In Real Estate podcast. This week we are super excited to be fielding some FAQs that we often receive from our followers on Instagram. We’re going to answer some of these questions and hopefully help you out on your REI journey.
 

The FAQ Lineup

When purchasing a property, should a mid-term rental work as a long-term rental first, numbers-wise?

Our take: Absolutely. It should definitely function as a long-term rental first, at least enough to where it's going to cover your mortgage, your insurance, your property taxes, and your utilities. At the very least, you want to break even.
 

What is the difference in amenities/supplies in an MTR as compared to an STR?

Our take: We each provide a ‘starter pack’ of items such as paper towels and toilet paper, but in the long term we don’t provide these for the entire stay. We consider what they need to have a comfortable first couple of days while they get settled in, move in their clothes, buy groceries, to have a nice day. 
 

If you know you could get $X for midterm rental, what would you pay for the property?

Our take: We want to cash flow $200-400, or ideally as a long-term rental. As a bare minimum, we consider the 1% rule when analyzing deals.
 

Where should I list my midterm rental and how do I find tenants and comps for monthly MTR rates?

Our take: FurnishedFinder. You can check out comps and find tenants all in one place. We also recommend AirBNB to help fill gaps between bookings as well. 
 

What value do you use for vacancy when running your numbers in MTR versus LTR?

Our take: Amelia uses 8%, for MTR, even though we've found that it's significantly less than that. But again, she runs her numbers very conservatively and she also has some gaps in between bookings (maybe a week or two here or there) which adds up. Also consider that some banks, when you're underwriting larger deals like five+ units, they'll usually actually require a 10% vacancy in your underwriting. They simply want to see that the property still functions even if there is up to a 10% vacancy for the year.
 

Do your units have washer/dryers? We have no room for hookups and I'm pretty sure it will be a hard pass for some people, with others expecting cheaper rates.

Our take: You pretty much answered your own question. We recommend checking out FurnishedFinder for the specific area you’re considering and see if there are listings available that don’t have hookups for washer/dryer and it will show what is available. If they're all available right now, that means people don't want them. If they're not available for another two or three months, it means they are getting booked, so you could probably go for it. For Amelia, her units don't have washer/dryer, but there is a washer/dryer in the unit in a shared room. However, it is a hard pass for some people to not have a washer/dryer in their unit, and that's okay. 

We also recommend taking a play from our friend Britt’s playbook and getting creative by offering a laundry service for an upcharge. Our friend Jess got creative by offering pet care because she lives on the premises and works from home. This is a game changer for travelers with pets, especially traveling nurses who work long hours.
 

How do you get a hold of insurance companies to offer your an MTR for insurance claims?

You actually can call the adjusters at insurance companies. They have a department that's called a re-homing or re-housing department, and insurance companies will place displaced families in your units and pay for their housing. This is also an option to offer to local realtors to offer to people who have sold their houses and are still in between homes.
 

If you want to dive deeper into what we just touched on in this episode check out our MTR Profit Academy, which gives you the A to Z on how to start a midterm rental and successfully rent it out.

Have more questions? We would love to hear them! Shoot us an email or DM us on Instagram.

Thanks for tuning in, we’ll catch you in the next episode!

 

 

 

Resources:

]]> WIIRE 015: Midterm Rental FAQs with Amelia & Grace Grace Gudenkauf, Amelia McGee 00:19:32 Hello friends! Welcome to episode 15 of the Women Invest In Real Estate podcast. This week we are super excited to be fielding some FAQs that we often receive from our WIIRE followers on Instagram. We’re going to answer some of these questions and hopefully help you out on your REI journey. Hello friends! Welcome to episode 15 of the Women Invest In Real Estate podcast. This week we are super excited to be fielding some FAQs that we often receive from our WIIRE followers on Instagram. We’re going to answer some of these questions and hopefully help you out on your REI journey. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate, wiiee retreat true full 15 15134f50-7ef3-4cb7-aa46-ace94a2b9959 WIIRE 014: Scaling Quickly? Focus on these 3 Things with Amelia & Grace Welcome back to episode 14 of the podcast. This week we’re going to focus on how to scale your REI business quickly. This is another question we hear quite often from our followers on Instagram and since we each scaled our businesses quickly, having gone from 0 to more than 20 units in only one year, we’ve learned some hard lessons along the way. We’re sharing our best tips and practices for scaling quickly.

For Amelia, the realization of needing to scale quickly came when she purchased her first triplex on her own, had it rented out, and it was cash-flowing well. She had been bitten by the REI bug and turned around and purchased her next property rather quickly. She used the money to purchase her triplex from her first deal, which was a flip. She had planned for her next buy to be a buy-and-hold, so she already knew what she was looking for in the market. 

We frequently talk about how real estate investing really isn’t hard. It’s actually a simple concept, but can be hard to put into place. However, at the same time if you can do a decent job and have a decent product it could bring you a lot of success. 

Grace realized she was going all in on REI when she realized that it could literally be an end to a means and allow her to quit her job. Two deals in, Grace and her partner (Brandt) decided they were going to keep buying and not let a lack of funds stop them. They would find good deals, and the money for each buy, along the way. They did each of their first 10 deals very differently but her first most people would find the most interesting. Keep in mind they have never sold any of their properties. It was a BRRR and they put down 20% bank loan and then used cash to pay for the rehab. 

Grace’s second deal was two duplexes and was split evenly between herself, her boyfriend, and her sister. They paid $255,000 and they convinced the bank to let them put 10% down, drastically reducing the amount of cash they would need to pay upfront to get this deal. Eventually, Grace began to get super creative with her financing so she could continuously purchase value-add deals so she could re-access the capital out of it to pay off private money, etc. Simply said, Grace got scrappy with her financing and it has definitely worked out in her favor. 

We both have decided to see our goals and design how we want our future to look around those goals. Then, we go for it. For both of us, real estate investing is “passive”. We have built out our systems and put them into place which allows us to continuously move the needle forward.  

Another way we have been able to scale so quickly is to find good partners to work with along the way. With constant buying, the money will eventually run out and in order to continue to scale we have figured out ways to not use all of our own money to tackle every single buy. When we first met a year and a half ago, we decided to partner up, and look where it has brought us! Partnering can be absolutely amazing if done the right way. 

One more important detail when it comes to scaling is financing. Grace used different lenders for her first three buys and has since stuck with the 3rd. It is a commercial lender which means their terms aren’t as favorable but the financing is easy to get. Plus she got in good with this lender by building a relationship with them and proving to them time and time again that she will under-promise and over-deliver on what she says she can/will do.

Amelia has also built a good relationship with her lender and while they do still occasionally ask for her tax returns, they also know the level of return they can expect from her. 

Best Practices for Scaling & Building a Relationship with Your Lender:

  • Be flexible/easy to work with
  • Perform well: under-promise then over-deliver
  • Show them you’re a professional, don’t be a mom-and-pop shop
  • Have a strong mindset
  • Know your buy-box (good-deal criteria)
  • Spread the word - you never know who is looking to sell a property!


That’s all for this week! Thank you so much for listening, we really appreciate you all so much and we will catch you in the next episode!

 

 

Resources:

]]> Mon, 10 Oct 2022 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/14-scaling-quickly-focus-on-these-3-things-with-amelia-grace-TFIMbzxo Welcome back to episode 14 of the podcast. This week we’re going to focus on how to scale your REI business quickly. This is another question we hear quite often from our followers on Instagram and since we each scaled our businesses quickly, having gone from 0 to more than 20 units in only one year, we’ve learned some hard lessons along the way. We’re sharing our best tips and practices for scaling quickly.

For Amelia, the realization of needing to scale quickly came when she purchased her first triplex on her own, had it rented out, and it was cash-flowing well. She had been bitten by the REI bug and turned around and purchased her next property rather quickly. She used the money to purchase her triplex from her first deal, which was a flip. She had planned for her next buy to be a buy-and-hold, so she already knew what she was looking for in the market. 

We frequently talk about how real estate investing really isn’t hard. It’s actually a simple concept, but can be hard to put into place. However, at the same time if you can do a decent job and have a decent product it could bring you a lot of success. 

Grace realized she was going all in on REI when she realized that it could literally be an end to a means and allow her to quit her job. Two deals in, Grace and her partner (Brandt) decided they were going to keep buying and not let a lack of funds stop them. They would find good deals, and the money for each buy, along the way. They did each of their first 10 deals very differently but her first most people would find the most interesting. Keep in mind they have never sold any of their properties. It was a BRRR and they put down 20% bank loan and then used cash to pay for the rehab. 

Grace’s second deal was two duplexes and was split evenly between herself, her boyfriend, and her sister. They paid $255,000 and they convinced the bank to let them put 10% down, drastically reducing the amount of cash they would need to pay upfront to get this deal. Eventually, Grace began to get super creative with her financing so she could continuously purchase value-add deals so she could re-access the capital out of it to pay off private money, etc. Simply said, Grace got scrappy with her financing and it has definitely worked out in her favor. 

We both have decided to see our goals and design how we want our future to look around those goals. Then, we go for it. For both of us, real estate investing is “passive”. We have built out our systems and put them into place which allows us to continuously move the needle forward.  

Another way we have been able to scale so quickly is to find good partners to work with along the way. With constant buying, the money will eventually run out and in order to continue to scale we have figured out ways to not use all of our own money to tackle every single buy. When we first met a year and a half ago, we decided to partner up, and look where it has brought us! Partnering can be absolutely amazing if done the right way. 

One more important detail when it comes to scaling is financing. Grace used different lenders for her first three buys and has since stuck with the 3rd. It is a commercial lender which means their terms aren’t as favorable but the financing is easy to get. Plus she got in good with this lender by building a relationship with them and proving to them time and time again that she will under-promise and over-deliver on what she says she can/will do.

Amelia has also built a good relationship with her lender and while they do still occasionally ask for her tax returns, they also know the level of return they can expect from her. 

Best Practices for Scaling & Building a Relationship with Your Lender:

  • Be flexible/easy to work with
  • Perform well: under-promise then over-deliver
  • Show them you’re a professional, don’t be a mom-and-pop shop
  • Have a strong mindset
  • Know your buy-box (good-deal criteria)
  • Spread the word - you never know who is looking to sell a property!


That’s all for this week! Thank you so much for listening, we really appreciate you all so much and we will catch you in the next episode!

 

 

Resources:

]]> WIIRE 014: Scaling Quickly? Focus on these 3 Things with Amelia & Grace Grace Gudenkauf, Amelia McGee 00:20:07 Welcome back to episode 14 of the podcast. This week we’re going to focus on how to scale your REI business quickly. This is another question we hear quite often from our followers on Instagram and since we each scaled our businesses quickly, having gone from 0 to more than 20 units in only one year, we’ve learned some hard lessons along the way. We’re sharing our best tips and practices for scaling quickly. Welcome back to episode 14 of the podcast. This week we’re going to focus on how to scale your REI business quickly. This is another question we hear quite often from our followers on Instagram and since we each scaled our businesses quickly, having gone from 0 to more than 20 units in only one year, we’ve learned some hard lessons along the way. We’re sharing our best tips and practices for scaling quickly. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate, wiiee retreat true full 14 228d038e-80aa-4fe2-9889-32a6a79b166b WIIRE 013: Common MTR Misconceptions Debunked with Amelia & Grace Welcome back to another podcast episode! This week we’re sharing the top misconceptions about midterm rentals that we commonly hear and going to debunk each one of them for you! Not allowing yourself to get caught up in these common misconceptions could actually get you ahead of the game just by knowing how to tell apart a fact from fiction about midterm rentals. Let’s get started!
 

The List

Myth #1: The units in midterm rentals must be luxury or extravagant. 
The Facts: Keep it simple: clean, safe, comfortable, and affordable. For the most part, traveling professionals are only in this space to sleep so their needs are low and they are trying to keep their costs that way too. 
 

Myth #2: Midterm rentals are only for traveling nurses.

The Facts: Recently a teacher who was brand new to the area moved into one of Grace’s midterm rentals because he didn’t know exactly where he wanted to put his roots down yet in his new local area. Amelia has housed all sorts of construction personnel, solar panel and wind turbine contract technicians, traveling corporate employees for companies like Starbucks, and more. They are only working 1-3 month contracts and don’t want to live out of a hotel for the entire time so they choose midterm rentals that suit their needs. 
 

Myth #3: MTR tenants are always the best tenants.

The Facts: While this might generally be true in 95% of cases, there is still that 5% of tenants who have been problematic renters. (Throwback to episode 13 where Amelia dished about her tenant who caused her internet to become suspended!). 
 

Bonus Myth #4: Midterm rentals only work in large cities.

The Facts: Cedar Rapids has a population of about 120,000 people and Grace lives in a town of about 1,000 people and MTRs are absolutely successful there. Amelia has a MTR in a lake town and her cottage is going to be an MTR for the winter when travel slows down for the season. She put up the listing on FurnishedFinder and within two hours her MTR tenant had paid their deposit and booked the unit!
 

Bonus Myth #5: Short-term rentals have a higher vacancy level.

The Facts: In reality, our midterm rentals typically were near 0%. We both work our business to keep our vacancy levels as minimal as possible where a tenant moves out and a new tenant moves in within a matter of hours, allowing for just enough time for a good cleaning and turnover. 

 

That’s all for today friends, thank you for joining us! Catch you in the next episode!

 

 

Resources:

]]> Mon, 3 Oct 2022 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/13-common-mtr-misconceptions-debunked-with-amelia-grace-85KBwkUz Welcome back to another podcast episode! This week we’re sharing the top misconceptions about midterm rentals that we commonly hear and going to debunk each one of them for you! Not allowing yourself to get caught up in these common misconceptions could actually get you ahead of the game just by knowing how to tell apart a fact from fiction about midterm rentals. Let’s get started!
 

The List

Myth #1: The units in midterm rentals must be luxury or extravagant. 
The Facts: Keep it simple: clean, safe, comfortable, and affordable. For the most part, traveling professionals are only in this space to sleep so their needs are low and they are trying to keep their costs that way too. 
 

Myth #2: Midterm rentals are only for traveling nurses.

The Facts: Recently a teacher who was brand new to the area moved into one of Grace’s midterm rentals because he didn’t know exactly where he wanted to put his roots down yet in his new local area. Amelia has housed all sorts of construction personnel, solar panel and wind turbine contract technicians, traveling corporate employees for companies like Starbucks, and more. They are only working 1-3 month contracts and don’t want to live out of a hotel for the entire time so they choose midterm rentals that suit their needs. 
 

Myth #3: MTR tenants are always the best tenants.

The Facts: While this might generally be true in 95% of cases, there is still that 5% of tenants who have been problematic renters. (Throwback to episode 13 where Amelia dished about her tenant who caused her internet to become suspended!). 
 

Bonus Myth #4: Midterm rentals only work in large cities.

The Facts: Cedar Rapids has a population of about 120,000 people and Grace lives in a town of about 1,000 people and MTRs are absolutely successful there. Amelia has a MTR in a lake town and her cottage is going to be an MTR for the winter when travel slows down for the season. She put up the listing on FurnishedFinder and within two hours her MTR tenant had paid their deposit and booked the unit!
 

Bonus Myth #5: Short-term rentals have a higher vacancy level.

The Facts: In reality, our midterm rentals typically were near 0%. We both work our business to keep our vacancy levels as minimal as possible where a tenant moves out and a new tenant moves in within a matter of hours, allowing for just enough time for a good cleaning and turnover. 

 

That’s all for today friends, thank you for joining us! Catch you in the next episode!

 

 

Resources:

]]> WIIRE 013: Common MTR Misconceptions Debunked with Amelia & Grace Grace Gudenkauf, Amelia McGee 00:20:30 Welcome back to another podcast episode! This week we’re sharing the top misconceptions about midterm rentals that we commonly hear at WIIRE and going to debunk each one of them for you! Not allowing yourself to get caught up in these common misconceptions could actually get you ahead of the game just by knowing how to tell apart a fact from fiction about midterm rentals. Welcome back to another podcast episode! This week we’re sharing the top misconceptions about midterm rentals that we commonly hear at WIIRE and going to debunk each one of them for you! Not allowing yourself to get caught up in these common misconceptions could actually get you ahead of the game just by knowing how to tell apart a fact from fiction about midterm rentals. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate, wiiee retreat true full 13 5d0258b6-f7c2-458d-b744-3df084b02609 WIIRE 012: BTS: Trouble in Paradise at an MTR with Amelia & Grace Hello everyone, welcome back to episode twelve of the Women Invest In Real Estate podcast! We have had such great feedback and so many questions about our day-to-day’s, so today’s episode is another behind-the-scenes WIIRE episode where we’re going to give you the scoop on what we are both up to in the world of real estate investing and managing our properties. 

We’re going to start off with a crazy story that Amelia has been bursting at the seams to share (and has made us wait until we recorded this episode to share) all the deets about recent happenings at her mid-term rental property!
 

Amelia’s Internet Novella

A few days ago Amelia received a call from Mediacom that they were suspending her service for illegal video downloading. She inquired about the specific router and with several units sharing routers she had to determine exactly when the video downloading occurred to narrow it down to the exact culprit (tenant). 

The downloading apparently began the day after this tenant moved in and she was taken aback because they claimed they had called her to inform her previously (nope, they did not, nor could they prove it). No one (and we mean NO ONE) likes to deal with utility companies and this time was no exception.

Amelia’s red mane was flaming and she was furious about the problem this tenant had caused, because not only did he cause her account to be suspended, but Mediacom informed her that if it continued they would be canceling all of her accounts! This would be quite problematic because not only were all of her units in this building run on Mediacom, but a few others as well, including her personal account. 

She asked them to give her a few hours to nail down the tenant and resolve the issue and as soon as she hung up she immediately called the tenant. While Amelia normally prefers to handle all of her tenant communication in writing, time was of the essence and she needed an immediate response. 

When he answered she immediately informed him that she was aware of what was going on and that the internet has been suspended and he was to remove all content from all of his devices, effective immediately, or she would be taking legal action against him.

To cover her back, she sent him a text message detailing exactly what she had just verbally told him, as well. He was very apologetic but still received a BIG timeout from Amelia’s paid-for wifi. 


 

Grace’s Next Move

With more than 12 units using Mediacom for internet service, they finally advised Grace to move to a commercial internet account (quite literally to help her avoid situations just like Amelia’s), so it doesn’t cause an issue across the board on her accounts.

Grace is also in the process of hiring an in-house Property Manager and could not be more excited! After so much back-and-forth about the decision to hire Grace has pulled the trigger and is now learning how to ‘be the boss’! This investment will come back to her simply on the time she will be saving by having someone else handle all of the little (and big) details for her biz. 
For the time being, Grace has been in a reactive stage. She reacts as requests come in, and would rather be able to be in more of a proactive space where she can be prepared for things ahead of time. It is going to be a whole new stage in her business.


 

Other Updates

Another announcement Amelia is excited to announce is that if you tuned into our first BTS episode you heard that I was under contract on a seller-financed triplex and they finally closed on that property last week! The first thing they are planning to tackle on this project is actually replacing the roof. It will cost around $22,000 to fully demo and replace (including the removal of 4 old layers) the roof of this property. She is also going to have the gutters replaced as well which will add on another $4,000, spending $26,000 right off the bat, which they are financing through a line of credit and they will BRRR into a commercial loan once they are finished with the rehab.

A couple of fun surprises they found on this property were that it still has old knob-and-tube wiring. While it is in good condition, they will likely still go ahead and replace it since so many walls will already be opened up. Another surprise was that this owner actually did a full clean-out from all of the ‘stuff’ that originally had been packed into the property (rare, but a much-appreciated surprise!). Lastly, while they were pulling up the old, brown shag carpeting they discovered beautiful wood floors, in immaculate condition!

That’s all for this episode, friends! If you’re looking to connect with us outside the podcast you can find us each on Instagram:

That’s all for this week, we'll catch you in the next episode!

 

 

Resources:

]]> Mon, 26 Sep 2022 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/12-bts-trouble-in-paradise-at-an-mtr-with-amelia-grace-h2_bHheu Hello everyone, welcome back to episode twelve of the Women Invest In Real Estate podcast! We have had such great feedback and so many questions about our day-to-day’s, so today’s episode is another behind-the-scenes WIIRE episode where we’re going to give you the scoop on what we are both up to in the world of real estate investing and managing our properties. 

We’re going to start off with a crazy story that Amelia has been bursting at the seams to share (and has made us wait until we recorded this episode to share) all the deets about recent happenings at her mid-term rental property!
 

Amelia’s Internet Novella

A few days ago Amelia received a call from Mediacom that they were suspending her service for illegal video downloading. She inquired about the specific router and with several units sharing routers she had to determine exactly when the video downloading occurred to narrow it down to the exact culprit (tenant). 

The downloading apparently began the day after this tenant moved in and she was taken aback because they claimed they had called her to inform her previously (nope, they did not, nor could they prove it). No one (and we mean NO ONE) likes to deal with utility companies and this time was no exception.

Amelia’s red mane was flaming and she was furious about the problem this tenant had caused, because not only did he cause her account to be suspended, but Mediacom informed her that if it continued they would be canceling all of her accounts! This would be quite problematic because not only were all of her units in this building run on Mediacom, but a few others as well, including her personal account. 

She asked them to give her a few hours to nail down the tenant and resolve the issue and as soon as she hung up she immediately called the tenant. While Amelia normally prefers to handle all of her tenant communication in writing, time was of the essence and she needed an immediate response. 

When he answered she immediately informed him that she was aware of what was going on and that the internet has been suspended and he was to remove all content from all of his devices, effective immediately, or she would be taking legal action against him.

To cover her back, she sent him a text message detailing exactly what she had just verbally told him, as well. He was very apologetic but still received a BIG timeout from Amelia’s paid-for wifi. 


 

Grace’s Next Move

With more than 12 units using Mediacom for internet service, they finally advised Grace to move to a commercial internet account (quite literally to help her avoid situations just like Amelia’s), so it doesn’t cause an issue across the board on her accounts.

Grace is also in the process of hiring an in-house Property Manager and could not be more excited! After so much back-and-forth about the decision to hire Grace has pulled the trigger and is now learning how to ‘be the boss’! This investment will come back to her simply on the time she will be saving by having someone else handle all of the little (and big) details for her biz. 
For the time being, Grace has been in a reactive stage. She reacts as requests come in, and would rather be able to be in more of a proactive space where she can be prepared for things ahead of time. It is going to be a whole new stage in her business.


 

Other Updates

Another announcement Amelia is excited to announce is that if you tuned into our first BTS episode you heard that I was under contract on a seller-financed triplex and they finally closed on that property last week! The first thing they are planning to tackle on this project is actually replacing the roof. It will cost around $22,000 to fully demo and replace (including the removal of 4 old layers) the roof of this property. She is also going to have the gutters replaced as well which will add on another $4,000, spending $26,000 right off the bat, which they are financing through a line of credit and they will BRRR into a commercial loan once they are finished with the rehab.

A couple of fun surprises they found on this property were that it still has old knob-and-tube wiring. While it is in good condition, they will likely still go ahead and replace it since so many walls will already be opened up. Another surprise was that this owner actually did a full clean-out from all of the ‘stuff’ that originally had been packed into the property (rare, but a much-appreciated surprise!). Lastly, while they were pulling up the old, brown shag carpeting they discovered beautiful wood floors, in immaculate condition!

That’s all for this episode, friends! If you’re looking to connect with us outside the podcast you can find us each on Instagram:

That’s all for this week, we'll catch you in the next episode!

 

 

Resources:

]]> WIIRE 012: BTS: Trouble in Paradise at an MTR with Amelia & Grace Grace Gudenkauf, Amelia McGee 00:26:40 Hello everyone, welcome back to episode twelve of the Women Invest In Real Estate podcast! We have had such great feedback and so many questions about our day-to-day’s, so today’s episode is another behind-the-scenes episode where we’re going to give you the scoop on what we are both up to in the world of real estate investing and managing our properties. Hello everyone, welcome back to episode twelve of the Women Invest In Real Estate podcast! We have had such great feedback and so many questions about our day-to-day’s, so today’s episode is another behind-the-scenes episode where we’re going to give you the scoop on what we are both up to in the world of real estate investing and managing our properties. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate, wiiee retreat true full 12 5b9ab1ea-fde1-4413-9560-0c157f998590 WIIRE 011: How We Got Started In REI & Our Current Buy Boxes with Amelia & Grace Welcome back to episode 11 of the WIIRE podcast! In this week’s episode we’re sharing with you about our very first (ever) rentals; how we found them, how we managed them, and if we still have them in our portfolio. 

 

Amelia’s First Rental Property

Amelia’s first rental property was a triplex in a small town in her hometown, with a population of around 5,000 people. It was a 2-story property with 3 units; two bedrooms, one bathroom on the first floor, and two units with one bedroom and one bathroom each on the 2nd floor. Amelia found this property listing on Zillow and really, only by accident. She typically had only been searching for single-family properties and didn’t realize she had the multi-family filter selected when she came across this property. 

She scheduled a time to walk through it and was taken aback by the awful tenants living in the residence. So she wrote what she now calls a ‘love letter’ to the owner stating how she was excited to purchase a property in her hometown and be able to give back by providing quality housing to the residents of her hometown. With the list price sitting at $99,000 she submitted an offer of $65,000 and after some negotiation they landed on a purchase price of $78,000. Amelia purchased the property for all-cash because the appraisal was taking a long time to come back so she made it an all-cash purchase with the intent of refinancing into a mortgage right when the appraisal could be completed. 

This wound up being a blessing in disguise situation because the property needed some work and she was able to make them to the property before the appraiser came out. When they finally did come out to do the appraisal it appraised for $92,000. Part of Amelia’s contingency on this offer was that the property must be sold vacant, meaning no inherited tenants upon closing. 

With only 45 days until they closed the tenants moved out and Amelia ran the numbers again on this triplex (crazy for a first rental!) and knew there was no way she wouldn’t make money on this property. 

It’s been nearly two years and taking the risk on her first-time rental property as a flip, wound up being a huge success and now cash flows around $800-900 per month. 
 

Grace’s First Rental Property

After looking for a few weeks Grace and her boyfriend purchased their first rental property when she saw a property for sale, called the seller, and asked for a list of properties they were interested in selling. He sent over a list of about 30+ properties and was trying to sell them down to about 8 or so. She told him she wanted to see the grossest property he had.

He did, and it was absolutely disgusting. An absolute gut. 

Backing up a few steps to her Buy Box, Grace knew they needed to BRRR because they had the money for a down payment and for the repairs, but did not want to buy cash. They also knew they wanted it to be a single-family property, and the town Grace lives near. They also did not want inherited tenants so they could start work right away. Plus, they were going to DIY the project. 

When it came time to start working on the property it seemed to be even more disgusting than they initially thought and found more trash than they could have ever imagined possible. After purchasing with 20% down, they told their bank they would be refinancing it ASAP so the bank put them on a construction loan so they only had to pay quarterly interest on it until they refinanced it. 

It took about 6 months (which was 3 months over their initially estimated timeframe) and between $35,000 and $36,000 (when they had only estimated $23,000), which added a significant about of stress to the entire project. 

One of Grace’s ‘fondest’ memories (and biggest lessons) of this particular project was that when they were roughly one month out from completion, they made a schedule of what needed to be done. The entire 3-story property needed painting (doors, walls, ceilings, trim, you name it). She scheduled herself 3 days to paint which quickly, and painstakingly, turned into one month.

Their hard work paid off and was roughly $120,000 and when all was said and done the property appraised for $185,000. They pulled out roughly 70% equity and walked away with around $8,000 extra to use on their next deal. 

Today, Grace still has this property in her portfolio (renter occupied) and has learned some major lessons to take along her REI journey. 

If you’ve enjoyed hearing our stories in this episode head over to Instagram and give us each a follow and see what we’re up to now!

Catch you in the next episode!

 

 

Resources:

]]> Mon, 19 Sep 2022 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/11-how-we-got-started-in-rei-our-current-buy-boxes-with-amelia-grace-lvsqEvVE Welcome back to episode 11 of the WIIRE podcast! In this week’s episode we’re sharing with you about our very first (ever) rentals; how we found them, how we managed them, and if we still have them in our portfolio. 

 

Amelia’s First Rental Property

Amelia’s first rental property was a triplex in a small town in her hometown, with a population of around 5,000 people. It was a 2-story property with 3 units; two bedrooms, one bathroom on the first floor, and two units with one bedroom and one bathroom each on the 2nd floor. Amelia found this property listing on Zillow and really, only by accident. She typically had only been searching for single-family properties and didn’t realize she had the multi-family filter selected when she came across this property. 

She scheduled a time to walk through it and was taken aback by the awful tenants living in the residence. So she wrote what she now calls a ‘love letter’ to the owner stating how she was excited to purchase a property in her hometown and be able to give back by providing quality housing to the residents of her hometown. With the list price sitting at $99,000 she submitted an offer of $65,000 and after some negotiation they landed on a purchase price of $78,000. Amelia purchased the property for all-cash because the appraisal was taking a long time to come back so she made it an all-cash purchase with the intent of refinancing into a mortgage right when the appraisal could be completed. 

This wound up being a blessing in disguise situation because the property needed some work and she was able to make them to the property before the appraiser came out. When they finally did come out to do the appraisal it appraised for $92,000. Part of Amelia’s contingency on this offer was that the property must be sold vacant, meaning no inherited tenants upon closing. 

With only 45 days until they closed the tenants moved out and Amelia ran the numbers again on this triplex (crazy for a first rental!) and knew there was no way she wouldn’t make money on this property. 

It’s been nearly two years and taking the risk on her first-time rental property as a flip, wound up being a huge success and now cash flows around $800-900 per month. 
 

Grace’s First Rental Property

After looking for a few weeks Grace and her boyfriend purchased their first rental property when she saw a property for sale, called the seller, and asked for a list of properties they were interested in selling. He sent over a list of about 30+ properties and was trying to sell them down to about 8 or so. She told him she wanted to see the grossest property he had.

He did, and it was absolutely disgusting. An absolute gut. 

Backing up a few steps to her Buy Box, Grace knew they needed to BRRR because they had the money for a down payment and for the repairs, but did not want to buy cash. They also knew they wanted it to be a single-family property, and the town Grace lives near. They also did not want inherited tenants so they could start work right away. Plus, they were going to DIY the project. 

When it came time to start working on the property it seemed to be even more disgusting than they initially thought and found more trash than they could have ever imagined possible. After purchasing with 20% down, they told their bank they would be refinancing it ASAP so the bank put them on a construction loan so they only had to pay quarterly interest on it until they refinanced it. 

It took about 6 months (which was 3 months over their initially estimated timeframe) and between $35,000 and $36,000 (when they had only estimated $23,000), which added a significant about of stress to the entire project. 

One of Grace’s ‘fondest’ memories (and biggest lessons) of this particular project was that when they were roughly one month out from completion, they made a schedule of what needed to be done. The entire 3-story property needed painting (doors, walls, ceilings, trim, you name it). She scheduled herself 3 days to paint which quickly, and painstakingly, turned into one month.

Their hard work paid off and was roughly $120,000 and when all was said and done the property appraised for $185,000. They pulled out roughly 70% equity and walked away with around $8,000 extra to use on their next deal. 

Today, Grace still has this property in her portfolio (renter occupied) and has learned some major lessons to take along her REI journey. 

If you’ve enjoyed hearing our stories in this episode head over to Instagram and give us each a follow and see what we’re up to now!

Catch you in the next episode!

 

 

Resources:

]]> WIIRE 011: How We Got Started In REI & Our Current Buy Boxes with Amelia & Grace Amelia McGee, Grace Gudenkauf 00:23:38 Welcome back to episode 11 of the podcast! In this week’s episode we’re sharing with you about our very first (ever) rentals; how we found them, how we managed them, and if we still have them in our portfolio. Welcome back to episode 11 of the podcast! In this week’s episode we’re sharing with you about our very first (ever) rentals; how we found them, how we managed them, and if we still have them in our portfolio. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, buy box, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate, wiiee retreat true full 11 cf384a48-1904-43e1-8b3b-912eb699b1be WIIRE 010: How to Hire and Manage a Property Manager with Kayla Thorp Hey friends, welcome back to episode 10 of the Women Invest In Real Estate Podcast! This week we are so excited to welcome Kayla Thorp, also known as thatlandlady on Instagram. Kayla is a residential real estate investor in upstate New York whose real estate portfolio currently sits at 40+ doors, mostly in the long-term rental market. Kayla is one of the smartest people we know in the REI biz and we are so honored to have her join us today on the podcast and dive into how she systemizes her business.

Kayla started out like the majority of investors, self-managing her rentals but since then she and her husband now have their own property management team they can rely on to keep their units and operations running like a well-oiled machine. 

After purchasing their first couple of rental units, they started out using Cozy.co, and when Cozy merged with Apartments.com they realized the service was not serving them well, nor was it meeting their tenant needs. They pivoted and made the switch over to Buildium, and ultimately switched again to AppFolio, which is what they still use today.

One thing Kayla impresses on other investors is that if you buy a property and don’t factor in a management fee, you are not buying an investment. You are buying a full-time job. The reason for this is that eventually if you want this to become a more passive business, you will need to hire a manager (which hopefully you will see a good ROI with appreciation and rent growth). 

For Kayla, that time came sooner than later and they were quickly glad they had factored in that management percentage from the beginning. Being able to keep that management percentage to fund their own business and lifestyle, while building their portfolio, became super valuable for them. At that point, they were already ready to put more systems in place to be able to hire out different pieces of their business.

Their first property management hire was an internal hire. Because Kayla had done her due diligence and created SOPs for each step of her business in the early stages, it made this transition much less painful. They could continuously point back to all of their documented systems and procedures for every detail of exactly how to screen a tenant, turn over a unit, review standards for rental criteria, and so much more. 

Being in New York, a very tenant-friendly state, Kayla has had to adjust her management style in a much different fashion than most others operate. Because New York has a unique set of laws and regulations regarding things such as evictions, collecting pet fees, the inability to check previous eviction history, and so much more. They have developed a problem-solving style that has really helped them get through most of these situations, without having to go through the eviction route.

Kayla and her husband also started the Rochester Housing Coalition, which is a group of housing providers and also nonprofit organizations that deal with homelessness in their city to address some of the housing policy concerns and to help the city work through those things in a way that's beneficial to everyone.

Eventually, Kayla and her husband were able to pivot their business and hire their first external property manager, who was actually an old friend of their business partner. They began to hand it off piece by piece starting with maintenance ticket coordination. They began by introducing them to their maintenance team. Introduced them to their ticketing system, worked out all of those kinks, and handed off just that piece. Next, they handed over learning the rent collection system, collecting outstanding rental payments, and so on. 

Ultimately Kayla’s goal for herself and her husband was to get down to only working in their business for a total of 10 hours per week before they would consider the stand-up complete. Finally, they were ready to really test their systems and booked an Airbnb, out of town, for a full month to allow their team to really run the show successfully with their hands off. 

Kayla’s Tips for Property Management

1. Do not be afraid to reach out to your investing community.

For the most part, the real estate investing community is so welcoming and genuinely wants to help one other. We all want each other to succeed. 

2. Visualize the absolute worst-case scenario and piece together exactly how it could play out. Could you handle that? 

Consider if you’ve done all of your homework, you’ve measured and taken responsible risks, and you have done your due diligence. If you cannot cover that risk and if there is not something that you are willing to live with, in that scenario, then you might need to change your strategy and direct it towards a scenario that you can live with. 

 

Kayla and her husband have now transitioned to a property management team. This is an amazing option if you have a larger portfolio and they chose to partner with someone who had extensive property management experience and was also interested in starting a property management company. Kayla and her husband brought the systems, processes, and business knowledge to the table, so this operating partnership made perfect sense for them. 

If you want to learn more about Kayla’s business you can visit her website or connect with her on Instagram.

Thank you so much for joining us this week, see you next time!

 

Resources:

]]> Mon, 12 Sep 2022 06:00:00 +0000 hello@womeninvestinrealestate.com (Kayla Thorp, Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/how-to-hire-and-manage-a-property-manager-with-kayla-thorp-DicO3vAW Hey friends, welcome back to episode 10 of the Women Invest In Real Estate Podcast! This week we are so excited to welcome Kayla Thorp, also known as thatlandlady on Instagram. Kayla is a residential real estate investor in upstate New York whose real estate portfolio currently sits at 40+ doors, mostly in the long-term rental market. Kayla is one of the smartest people we know in the REI biz and we are so honored to have her join us today on the podcast and dive into how she systemizes her business.

Kayla started out like the majority of investors, self-managing her rentals but since then she and her husband now have their own property management team they can rely on to keep their units and operations running like a well-oiled machine. 

After purchasing their first couple of rental units, they started out using Cozy.co, and when Cozy merged with Apartments.com they realized the service was not serving them well, nor was it meeting their tenant needs. They pivoted and made the switch over to Buildium, and ultimately switched again to AppFolio, which is what they still use today.

One thing Kayla impresses on other investors is that if you buy a property and don’t factor in a management fee, you are not buying an investment. You are buying a full-time job. The reason for this is that eventually if you want this to become a more passive business, you will need to hire a manager (which hopefully you will see a good ROI with appreciation and rent growth). 

For Kayla, that time came sooner than later and they were quickly glad they had factored in that management percentage from the beginning. Being able to keep that management percentage to fund their own business and lifestyle, while building their portfolio, became super valuable for them. At that point, they were already ready to put more systems in place to be able to hire out different pieces of their business.

Their first property management hire was an internal hire. Because Kayla had done her due diligence and created SOPs for each step of her business in the early stages, it made this transition much less painful. They could continuously point back to all of their documented systems and procedures for every detail of exactly how to screen a tenant, turn over a unit, review standards for rental criteria, and so much more. 

Being in New York, a very tenant-friendly state, Kayla has had to adjust her management style in a much different fashion than most others operate. Because New York has a unique set of laws and regulations regarding things such as evictions, collecting pet fees, the inability to check previous eviction history, and so much more. They have developed a problem-solving style that has really helped them get through most of these situations, without having to go through the eviction route.

Kayla and her husband also started the Rochester Housing Coalition, which is a group of housing providers and also nonprofit organizations that deal with homelessness in their city to address some of the housing policy concerns and to help the city work through those things in a way that's beneficial to everyone.

Eventually, Kayla and her husband were able to pivot their business and hire their first external property manager, who was actually an old friend of their business partner. They began to hand it off piece by piece starting with maintenance ticket coordination. They began by introducing them to their maintenance team. Introduced them to their ticketing system, worked out all of those kinks, and handed off just that piece. Next, they handed over learning the rent collection system, collecting outstanding rental payments, and so on. 

Ultimately Kayla’s goal for herself and her husband was to get down to only working in their business for a total of 10 hours per week before they would consider the stand-up complete. Finally, they were ready to really test their systems and booked an Airbnb, out of town, for a full month to allow their team to really run the show successfully with their hands off. 

Kayla’s Tips for Property Management

1. Do not be afraid to reach out to your investing community.

For the most part, the real estate investing community is so welcoming and genuinely wants to help one other. We all want each other to succeed. 

2. Visualize the absolute worst-case scenario and piece together exactly how it could play out. Could you handle that? 

Consider if you’ve done all of your homework, you’ve measured and taken responsible risks, and you have done your due diligence. If you cannot cover that risk and if there is not something that you are willing to live with, in that scenario, then you might need to change your strategy and direct it towards a scenario that you can live with. 

 

Kayla and her husband have now transitioned to a property management team. This is an amazing option if you have a larger portfolio and they chose to partner with someone who had extensive property management experience and was also interested in starting a property management company. Kayla and her husband brought the systems, processes, and business knowledge to the table, so this operating partnership made perfect sense for them. 

If you want to learn more about Kayla’s business you can visit her website or connect with her on Instagram.

Thank you so much for joining us this week, see you next time!

 

Resources:

]]> WIIRE 010: How to Hire and Manage a Property Manager with Kayla Thorp Kayla Thorp, Grace Gudenkauf, Amelia McGee 00:32:08 Hey friends, welcome back to episode 10 of the Women Invest In Real Estate Podcast! This week we are so excited to welcome Kayla Thorp, also known as thatlandlady on Instagram. Kayla is a residential real estate investor in upstate New York whose real estate portfolio currently sits at 40+ doors, mostly in the long-term rental market. Kayla is one of the smartest people we know in the REI biz and we are so honored to have her join us today on the podcast and dive into how she systemizes her business. Hey friends, welcome back to episode 10 of the Women Invest In Real Estate Podcast! This week we are so excited to welcome Kayla Thorp, also known as thatlandlady on Instagram. Kayla is a residential real estate investor in upstate New York whose real estate portfolio currently sits at 40+ doors, mostly in the long-term rental market. Kayla is one of the smartest people we know in the REI biz and we are so honored to have her join us today on the podcast and dive into how she systemizes her business. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, hiring, rental property investor, real estate advice, property manager, rei conversations, investment, women investing in real estate, wiiee retreat true full 10 00aa10c3-24f7-4e74-ab45-33b54a528989 WIIRE 009: Don't Make These 5 Property Management Mistakes with Amelia & Grace Hi everyone, welcome back to the WIIRE podcast! In this week’s episode of the Women Invest In Real Estate podcast we’re going to talk about the five property management mistakes that you should not make. We’ve each learned some of these the hard way and want to help you avoid them at all costs too!

First and foremost, a reminder…Do as we SAY, not as we DO!

 

5 Property Management Mistakes

1. Not using a property management software! 
 

Yes, they cost money but hear us out. This investment will not only save you time and energy but will streamline your processes, tenfold. We love TenantCloud and highly recommend checking it out. There are a few key things a property management software should do for your business:

  • Allow you to collect deposits, rental payments, fees, etc.
  • Submit maintenance requests
  • Sign rental agreements/leases
  • Communicate with clients
  • Bookkeeping (you’ll thank us come tax season!)

 

2. Not setting (and sticking to) regular business hours

What that means is don't train your tenants to think that you will reply instantly on Saturday and Sunday, or even instantly at all. We are huge proponents of setting business hours so our tenants know when they can reach us and what our rough turnaround for requests is, aside from emergency situations of course.

What does this look like? If you are on your computer at 7:30pm on a Sunday evening and you see a question come in (not an emergency), let it sit until Monday. Then on Monday, respond by letting them know you just received their request from the weekend and add the rest of the response to their request. 

Unless you want property management to be an around-the-clock business, set your business hours, and stick to them. (There will be situations that are clearly emergencies or more urgent and this does not apply to those.)

 

3. Failing to properly onboard a tenant

Onboarding tenants is definitely more work on the front end of a move-in, but it is so beneficial in the long run. Setting ground rules and training your tenants on expectations from the start is going to help save you a lot of headaches down the road. After they sign the lease, provide them with a simple welcome packet. This could include:

  • Instructions on submitting maintenance requests
  • How to setup utilities (bonus points for adding websites or phone numbers)
  • Expectations for property/community

You should also include a move-in checklist where the tenant goes through the property in the first few days, notes anything that is broken/needs repairing/is damaged then turns it in so they are not held responsible for those upon move-out. 
 

4. Not having an Estoppel Agreement in place for inherited tenants.

An estoppel agreement is a fancy way to describe a document that reiterates the terms of a lease for an inherited tenant. It includes anything that might be a verbal agreement between the tenant and the current landlord. With estoppel agreements, we also ask for all outstanding maintenance requests to ensure there are fewer surprises upon purchase of the property. 

Key components of an estoppel agreement are:

  • How much their deposit was
  • What they pay in rent and any fees each month
  • Who is responsible for the utilities
  • Who lives at the residence
  • Any verbal agreements in place between landlord and tenant
  • Lease length

 

5. Last but certainly not least is doing quarterly, biannual, or annual walkthroughs of your units.

This is so important because it gives you a chance to get into your units and make sure they are being properly cared for but also allows you to look at general maintenance that needs done to keep the property in top shape and not degrade over time (looking at faucets for water leaks, checking for mold, pests, etc.). It will allow you to stay aware of any issues that may arise or what to expect when a tenant moves out and how much work you could expect to have to turn that unit over.

 

Avoiding these 5 things is simply about being a proactive landlord, rather than a reactive landlord. We too are guilty of (likely) all of these, and like everything in business, there is always room for improvement. 

See you next week!

 

Resources:

]]> Mon, 5 Sep 2022 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/9-dont-make-these-5-property-management-mistakes-with-amelia-grace-KGwKQ4uM Hi everyone, welcome back to the WIIRE podcast! In this week’s episode of the Women Invest In Real Estate podcast we’re going to talk about the five property management mistakes that you should not make. We’ve each learned some of these the hard way and want to help you avoid them at all costs too!

First and foremost, a reminder…Do as we SAY, not as we DO!

 

5 Property Management Mistakes

1. Not using a property management software! 
 

Yes, they cost money but hear us out. This investment will not only save you time and energy but will streamline your processes, tenfold. We love TenantCloud and highly recommend checking it out. There are a few key things a property management software should do for your business:

  • Allow you to collect deposits, rental payments, fees, etc.
  • Submit maintenance requests
  • Sign rental agreements/leases
  • Communicate with clients
  • Bookkeeping (you’ll thank us come tax season!)

 

2. Not setting (and sticking to) regular business hours

What that means is don't train your tenants to think that you will reply instantly on Saturday and Sunday, or even instantly at all. We are huge proponents of setting business hours so our tenants know when they can reach us and what our rough turnaround for requests is, aside from emergency situations of course.

What does this look like? If you are on your computer at 7:30pm on a Sunday evening and you see a question come in (not an emergency), let it sit until Monday. Then on Monday, respond by letting them know you just received their request from the weekend and add the rest of the response to their request. 

Unless you want property management to be an around-the-clock business, set your business hours, and stick to them. (There will be situations that are clearly emergencies or more urgent and this does not apply to those.)

 

3. Failing to properly onboard a tenant

Onboarding tenants is definitely more work on the front end of a move-in, but it is so beneficial in the long run. Setting ground rules and training your tenants on expectations from the start is going to help save you a lot of headaches down the road. After they sign the lease, provide them with a simple welcome packet. This could include:

  • Instructions on submitting maintenance requests
  • How to setup utilities (bonus points for adding websites or phone numbers)
  • Expectations for property/community

You should also include a move-in checklist where the tenant goes through the property in the first few days, notes anything that is broken/needs repairing/is damaged then turns it in so they are not held responsible for those upon move-out. 
 

4. Not having an Estoppel Agreement in place for inherited tenants.

An estoppel agreement is a fancy way to describe a document that reiterates the terms of a lease for an inherited tenant. It includes anything that might be a verbal agreement between the tenant and the current landlord. With estoppel agreements, we also ask for all outstanding maintenance requests to ensure there are fewer surprises upon purchase of the property. 

Key components of an estoppel agreement are:

  • How much their deposit was
  • What they pay in rent and any fees each month
  • Who is responsible for the utilities
  • Who lives at the residence
  • Any verbal agreements in place between landlord and tenant
  • Lease length

 

5. Last but certainly not least is doing quarterly, biannual, or annual walkthroughs of your units.

This is so important because it gives you a chance to get into your units and make sure they are being properly cared for but also allows you to look at general maintenance that needs done to keep the property in top shape and not degrade over time (looking at faucets for water leaks, checking for mold, pests, etc.). It will allow you to stay aware of any issues that may arise or what to expect when a tenant moves out and how much work you could expect to have to turn that unit over.

 

Avoiding these 5 things is simply about being a proactive landlord, rather than a reactive landlord. We too are guilty of (likely) all of these, and like everything in business, there is always room for improvement. 

See you next week!

 

Resources:

]]> WIIRE 009: Don't Make These 5 Property Management Mistakes with Amelia & Grace Grace Gudenkauf, Amelia McGee 00:18:45 Hi everyone, welcome back to the podcast! In this week’s episode of the Women Invest In Real Estate podcast we’re going to talk about the five property management mistakes that you should not make. We’ve each learned some of these the hard way and want to help you avoid them at all costs too! First and foremost, a reminder…Do as we SAY, not as we DO! Hi everyone, welcome back to the podcast! In this week’s episode of the Women Invest In Real Estate podcast we’re going to talk about the five property management mistakes that you should not make. We’ve each learned some of these the hard way and want to help you avoid them at all costs too! First and foremost, a reminder…Do as we SAY, not as we DO! rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate, wiiee retreat false full 9 5b17b8c0-2b0b-414f-a38a-94157d7e778b WIIRE 008: BTS: Eviction, Seller financing & STR with Amelia & Grace Welcome back to episode eight of the Women Invest in Real Estate podcast! In this episode, we’re giving you a behind-the-scenes look at what we are up to in our businesses, and we’re kicking it off with an eviction story from Amelia. Let’s get started!
 

Amelia’s Tenant Eviction Story

With what is Amelia's first (and also hopefully her last) eviction, she’s learning some excellent lessons on handling tenants and the process of an eviction. This particular tenant has been problematic for the past 9-10 months and it has escalated to his becoming verbally abusive towards her and physically destructive to her property.

While no property owner wants their property to sit vacant, it will serve her much better in the long run, to hire a lawyer and evict this tenant. She will be able to rehab this unit and be able to up the rent on the unit - so while evicting a tenant is never an ideal solution, in this case, it is the best choice. She has positive, regular cash flow from her mid-term rentals and can afford to let the unit sit vacant while she goes through the eviction process and rehabs this unit. 
 

Hiring a Lawyer

Hiring a lawyer has been the absolute best decision to move through this process and has served Amelia well. Amelia paid her lawyer a retainer of $1,990 to essentially handle her entire eviction process. If the tenant leaves without having to go to court she will receive $900 of that back and feels it has been 100% worth it. 
 

Best tips for the eviction process…

  1. Communicate only in writing, not by phone
  2. If you can afford to do so, hire a lawyer
  3. Don’t accept a partial rent payment if you’re already in the eviction process
  4. Send documents, or any deposit/checks, via certified mail
  5. Put your human feelings aside and just like move forward from a business standpoint
     

Grace’s Updates

Grace is in the process of purchasing a single-family (nearly turn-key) home that is on the same street as her existing four-plexes. For this property, Grace negotiated a seller-financed deal that was a bit different than others she has done because this particular seller is an investor herself. It will be a quick turnover - a solid house, in a solid neighborhood - just needs a fresh coat of paint before listing. She has already reached out to some insurance agencies who are all interested in renting this property for their clients. 

After this house is finished, Grace is excited to be done rehabbing and buying for a solid three months so she can do some traveling and just take a massive break. Grace has been rehabbing for nearly a year and a half straight and is excited to hit pause after this house is complete. 

Also during this time, Grace is excited to get some much-needed systems upgraded and new systems in place to help her productivity and also take a good look at where she’s at and what direction she wants to take coming up. 

 

In The Works…

Amelia currently still has 5 inherited tenants. Once they move out she plans to convert them into mid-term rentals, however, there are two tenants who might be hold-outs as long-term tenants. Frankly, she is fine with that. They have been there for 10 and 17 years and despite being under market value provide stability and the property functions well as it sits right now. 

Amelia also has an Airbnb property in Clear Lake Iowa which reached over 80% occupancy for July and is set to make over $2,500 in cash flow on this property in July alone. This has given her the bug to keep her eyes peeled for vacation rental properties that makes sense for her. 

Grace on the other hand doesn’t want to be all mid-term rental. She likes the consistency and stability that comes with her long-term rentals. Like Amelia, Grace also has her eyes peeled for an Airbnb-style property that is small, doesn’t require a ton of rehab work, and will serve her well. Another reason Grace is looking to add an Airbnb property to her portfolio is that she wants to be able to hire an internal property manager but right now it doesn’t make sense financially. But if she add an Airbnb to her portfolio that would add to her cash flow she would be in a better position to add this person to her team and take some work off of her own plate. 

That’s all for this week, thank you so much for joining us and getting a little behind-the-scenes look at the happenings in our lives as real estate investors! We're so happy that you're listening and you can follow us over on Instagram for more updates! 

We'll see you in the next episode!

 

Resources:

]]> Mon, 29 Aug 2022 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/8-bts-eviction-seller-financing-str-with-amelia-grace-hsthi4eN Welcome back to episode eight of the Women Invest in Real Estate podcast! In this episode, we’re giving you a behind-the-scenes look at what we are up to in our businesses, and we’re kicking it off with an eviction story from Amelia. Let’s get started!
 

Amelia’s Tenant Eviction Story

With what is Amelia's first (and also hopefully her last) eviction, she’s learning some excellent lessons on handling tenants and the process of an eviction. This particular tenant has been problematic for the past 9-10 months and it has escalated to his becoming verbally abusive towards her and physically destructive to her property.

While no property owner wants their property to sit vacant, it will serve her much better in the long run, to hire a lawyer and evict this tenant. She will be able to rehab this unit and be able to up the rent on the unit - so while evicting a tenant is never an ideal solution, in this case, it is the best choice. She has positive, regular cash flow from her mid-term rentals and can afford to let the unit sit vacant while she goes through the eviction process and rehabs this unit. 
 

Hiring a Lawyer

Hiring a lawyer has been the absolute best decision to move through this process and has served Amelia well. Amelia paid her lawyer a retainer of $1,990 to essentially handle her entire eviction process. If the tenant leaves without having to go to court she will receive $900 of that back and feels it has been 100% worth it. 
 

Best tips for the eviction process…

  1. Communicate only in writing, not by phone
  2. If you can afford to do so, hire a lawyer
  3. Don’t accept a partial rent payment if you’re already in the eviction process
  4. Send documents, or any deposit/checks, via certified mail
  5. Put your human feelings aside and just like move forward from a business standpoint
     

Grace’s Updates

Grace is in the process of purchasing a single-family (nearly turn-key) home that is on the same street as her existing four-plexes. For this property, Grace negotiated a seller-financed deal that was a bit different than others she has done because this particular seller is an investor herself. It will be a quick turnover - a solid house, in a solid neighborhood - just needs a fresh coat of paint before listing. She has already reached out to some insurance agencies who are all interested in renting this property for their clients. 

After this house is finished, Grace is excited to be done rehabbing and buying for a solid three months so she can do some traveling and just take a massive break. Grace has been rehabbing for nearly a year and a half straight and is excited to hit pause after this house is complete. 

Also during this time, Grace is excited to get some much-needed systems upgraded and new systems in place to help her productivity and also take a good look at where she’s at and what direction she wants to take coming up. 

 

In The Works…

Amelia currently still has 5 inherited tenants. Once they move out she plans to convert them into mid-term rentals, however, there are two tenants who might be hold-outs as long-term tenants. Frankly, she is fine with that. They have been there for 10 and 17 years and despite being under market value provide stability and the property functions well as it sits right now. 

Amelia also has an Airbnb property in Clear Lake Iowa which reached over 80% occupancy for July and is set to make over $2,500 in cash flow on this property in July alone. This has given her the bug to keep her eyes peeled for vacation rental properties that makes sense for her. 

Grace on the other hand doesn’t want to be all mid-term rental. She likes the consistency and stability that comes with her long-term rentals. Like Amelia, Grace also has her eyes peeled for an Airbnb-style property that is small, doesn’t require a ton of rehab work, and will serve her well. Another reason Grace is looking to add an Airbnb property to her portfolio is that she wants to be able to hire an internal property manager but right now it doesn’t make sense financially. But if she add an Airbnb to her portfolio that would add to her cash flow she would be in a better position to add this person to her team and take some work off of her own plate. 

That’s all for this week, thank you so much for joining us and getting a little behind-the-scenes look at the happenings in our lives as real estate investors! We're so happy that you're listening and you can follow us over on Instagram for more updates! 

We'll see you in the next episode!

 

Resources:

]]> WIIRE 008: BTS: Eviction, Seller financing & STR with Amelia & Grace Grace Gudenkauf, Amelia McGee 00:28:07 Welcome back to episode eight of the Women Invest in Real Estate podcast! In this episode, we’re giving you a behind-the-scenes look at what we are up to in our businesses, and we’re kicking it off with an eviction story from Amelia. Let’s get started! Welcome back to episode eight of the Women Invest in Real Estate podcast! In this episode, we’re giving you a behind-the-scenes look at what we are up to in our businesses, and we’re kicking it off with an eviction story from Amelia. Let’s get started! rental property, eviction, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, seller financing, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate, wiiee retreat false full 8 e2927cab-a48f-408a-8e30-69711849bcf6 WIIRE 007: Is the Mid-Term Rental Market Changing with Amelia & Grace Welcome back to episode seven of the Women Invest In Real Estate podcast! This week on the podcast we are diving into what changes we anticipate experiencing in the mid-term rental market and also how you can plan for and protect your real estate portfolio for those potential changes.

 

Amelia’s Take

Obviously, we know that the COVID pandemic is subsiding (fingers crossed). Some of the questions I’ve been asked are:

  • Are we seeing a reduction in requests from traveling nurses because of this?
  • Do we think that the market is slowing down?
  • Do we think it's changing?

Personally, my answer is yes, I think it's changing. But is that going to stop me from continuing the midterm rental strategy? No. There are certain steps that I'm taking to mitigate some of this risk but I don't plan on converting any of my units, or dropping the mid-term rental units, anytime soon. 

 

Grace’s Opinion:

My short answer would actually be, no. I have not seen a change in requests and I’m still being bombarded with mid-term rental requests, especially my one-bedroom units because a lot of people are solo travelers. However, as you said, am I going to go buy another 10-unit mid-term rentals to turn over right now? Probably not. (If it was the right deal I would, especially if it was one bedroom.) 

But I still see a huge demand because I’m in a market where there really isn’t much competition for mid-term rentals. They are more scarce and there are a few big hospitals in the area. As I’ve mentioned in previous episodes, I have clients who drive 20-30 minutes to their hospital because there just isn’t anything nearby to their destination. I’m in a smaller, more rural area. However, I don’t see the market ramping up. 

 

The Short Answer

We really don’t know. If we did, if anyone knew exactly what was going to happen with the economy, they would be able to make bank on that information. But in reality, no one really knows for certain. 

 

Mitigating the Risk

The way we structure our lease terms to protect ourselves against cancellations is the specific terms we are including in the lease. This is to: 

  1. Protect us as landlords
  2. Assist travelers if their contracts are canceled (it happens!)

Grace requires that if her tenant cancels, they are only ‘on-the-hook’ for rent until she finds a new tenant to put into that unit. In the fine print, it also explains that I will work really quick to try to find another tenant. This is very fair because she already has more risk by offering 3-month leases, whereas most landlords lock you into a 6 or 12-month lease. This protects Grace because it ensures she has no vacancy and the only two times she has experienced this she has found new tenants to take over the lease in under two weeks.

Additionally, we collect a deposit from every tenant to ensure that we aren’t holding a unit for someone to not show up. This way, if they cancel their reservation without the required notice (or simply don’t show up) we aren’t completely out of pocket.

Both Grace and Amelia also invest in multi-family properties. Their units are diversified so if the mid-term rental market does slow down (or tank completely) they can convert some of the units back to long-term rentals.

Another unique place to look when looking to fill units is with insurance agencies. There are a lot of insurance agencies out there who are looking to house people for a medium term. Maybe a few months, six months to a year, who might need furnished housing because they have a client whose house burned down, the basement flooded, etc. By contacting the third-party company (who also furnishes the property - bonus for you!) they get you lined up to house those people who need emergency housing, and they take care of furnishing it. This is a bit less risky because the insurance company is the one responsible for the security deposit, the rent, etc., on the property. You are also helping out a family with very few options who would otherwise be stuck living in a hotel.

 

Final Thoughts

Traveling nurses have been around for way longer than the COVID-19 pandemic. The concept and practice is absolutely not going away. 

But one thing that has truly shifted with the pandemic and we are still experiencing this massive shift is working remotely, vs being tied to a physical location. More and more businesses are emptying their physical office spaces, or downsizing to smaller locations, in favor of allowing their employees to work from where they are. So if those workers are looking for 3-month accommodations where they can experience different cities for short periods of time while working, they are likely going to be looking for furnished mid-term rental units. 

While of course, we don't know for sure, that is where we think the mid-term rental market is headed. But if you're nervous about diving into mid-term rentals, just know that there are many ways to protect yourself and diversify your portfolio so that if there is a shift in the market, you will still feel good about your investments and be safe.

Thanks for tuning in, friends! We'll catch you next week!

 

Resources:

]]> Mon, 22 Aug 2022 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/wiire-007-is-the-mid-term-rental-market-changing-with-amelia-grace-ljVFRTE5 Welcome back to episode seven of the Women Invest In Real Estate podcast! This week on the podcast we are diving into what changes we anticipate experiencing in the mid-term rental market and also how you can plan for and protect your real estate portfolio for those potential changes.

 

Amelia’s Take

Obviously, we know that the COVID pandemic is subsiding (fingers crossed). Some of the questions I’ve been asked are:

  • Are we seeing a reduction in requests from traveling nurses because of this?
  • Do we think that the market is slowing down?
  • Do we think it's changing?

Personally, my answer is yes, I think it's changing. But is that going to stop me from continuing the midterm rental strategy? No. There are certain steps that I'm taking to mitigate some of this risk but I don't plan on converting any of my units, or dropping the mid-term rental units, anytime soon. 

 

Grace’s Opinion:

My short answer would actually be, no. I have not seen a change in requests and I’m still being bombarded with mid-term rental requests, especially my one-bedroom units because a lot of people are solo travelers. However, as you said, am I going to go buy another 10-unit mid-term rentals to turn over right now? Probably not. (If it was the right deal I would, especially if it was one bedroom.) 

But I still see a huge demand because I’m in a market where there really isn’t much competition for mid-term rentals. They are more scarce and there are a few big hospitals in the area. As I’ve mentioned in previous episodes, I have clients who drive 20-30 minutes to their hospital because there just isn’t anything nearby to their destination. I’m in a smaller, more rural area. However, I don’t see the market ramping up. 

 

The Short Answer

We really don’t know. If we did, if anyone knew exactly what was going to happen with the economy, they would be able to make bank on that information. But in reality, no one really knows for certain. 

 

Mitigating the Risk

The way we structure our lease terms to protect ourselves against cancellations is the specific terms we are including in the lease. This is to: 

  1. Protect us as landlords
  2. Assist travelers if their contracts are canceled (it happens!)

Grace requires that if her tenant cancels, they are only ‘on-the-hook’ for rent until she finds a new tenant to put into that unit. In the fine print, it also explains that I will work really quick to try to find another tenant. This is very fair because she already has more risk by offering 3-month leases, whereas most landlords lock you into a 6 or 12-month lease. This protects Grace because it ensures she has no vacancy and the only two times she has experienced this she has found new tenants to take over the lease in under two weeks.

Additionally, we collect a deposit from every tenant to ensure that we aren’t holding a unit for someone to not show up. This way, if they cancel their reservation without the required notice (or simply don’t show up) we aren’t completely out of pocket.

Both Grace and Amelia also invest in multi-family properties. Their units are diversified so if the mid-term rental market does slow down (or tank completely) they can convert some of the units back to long-term rentals.

Another unique place to look when looking to fill units is with insurance agencies. There are a lot of insurance agencies out there who are looking to house people for a medium term. Maybe a few months, six months to a year, who might need furnished housing because they have a client whose house burned down, the basement flooded, etc. By contacting the third-party company (who also furnishes the property - bonus for you!) they get you lined up to house those people who need emergency housing, and they take care of furnishing it. This is a bit less risky because the insurance company is the one responsible for the security deposit, the rent, etc., on the property. You are also helping out a family with very few options who would otherwise be stuck living in a hotel.

 

Final Thoughts

Traveling nurses have been around for way longer than the COVID-19 pandemic. The concept and practice is absolutely not going away. 

But one thing that has truly shifted with the pandemic and we are still experiencing this massive shift is working remotely, vs being tied to a physical location. More and more businesses are emptying their physical office spaces, or downsizing to smaller locations, in favor of allowing their employees to work from where they are. So if those workers are looking for 3-month accommodations where they can experience different cities for short periods of time while working, they are likely going to be looking for furnished mid-term rental units. 

While of course, we don't know for sure, that is where we think the mid-term rental market is headed. But if you're nervous about diving into mid-term rentals, just know that there are many ways to protect yourself and diversify your portfolio so that if there is a shift in the market, you will still feel good about your investments and be safe.

Thanks for tuning in, friends! We'll catch you next week!

 

Resources:

]]> WIIRE 007: Is the Mid-Term Rental Market Changing with Amelia & Grace Amelia McGee, Grace Gudenkauf 00:14:46 Welcome back to episode seven of the WIIRE podcast! This week on the podcast we are diving into what changes we anticipate experiencing in the mid-term rental market and also how you can plan for and protect your real estate portfolio for those potential changes. Welcome back to episode seven of the WIIRE podcast! This week on the podcast we are diving into what changes we anticipate experiencing in the mid-term rental market and also how you can plan for and protect your real estate portfolio for those potential changes. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate, wiiee retreat true full 7 88cebcd5-eaa1-480b-a823-5554c1d82efe WIIRE 006: LTR to MTR with Ashley Gallacher Hi everyone! Welcome to episode six of the Women Invest In Real Estate Podcast. Today we are welcoming guest Ashley Gallacher to the podcast. Ashley is a full-time real estate investor in the Seattle, Washington area. Ashley left her W-2 in corporate finance at the end of 2020 and now has both short and mid-term rental properties throughout Tacoma, near Mount Rainier National Park, and also in Milwaukee.

Ashley got her start in mid-term rentals after learning about Kendra and also Sarah Weaver on Instagram. They both have amazing resources on their Instagram pages and she came across them when she was looking for inspiration on how to pivot and switch her long-term rental to something different. Right now, Ashley only has one mid-term rental but it is on her list to turn more of her existing rentals into mid-term rentals and also find new properties to turn into mid-term rentals to add to her portfolios as well.

Ashley purchased her now mid-term rental in early 2020 (pre-pandemic) for $270,000. When they closed in March 2020 things quickly began to shut down and were lucky enough to find a long-term tenant very quickly for $1,700 per month, a bit lower than initially planned but she was also happy to have it occupied going into the COVID pandemic. Despite her initial fear that her market was oversaturated with mid-term rentals Ashley made the leap and has had great success with her mid-term rental.

 When Ashley made the switch to mid-term rentals, she increased the rent from $1,700 to $2,500 per month (now up to $2,700 per month) and gauged interest on a local Facebook group. With a lot of inquiries, she quickly locked in tenants before she had even finished furnishing the unit!

Being in real estate is all about being creative. Just getting started, taking action, and learning as you go; making necessary adjustments along the way. For the rookies tuning in, none of us knew 100% what we were doing when we first started, but we started anyway. We’re continuously changing our processes to make them better.

 Ashley is in agreement that the mid-term rental market is strong and will continue to grow and has plans to continue growing her real estate portfolio basing whether they are long or mid-term on the demand in the market. For the most part, Ashley finds her tenants on FurnishedFinder and local Facebook groups but would be open to using sites like Airbnb to keep her units rented.

If you want to connect with Ashley, head on over and follow her on Instagram.

Thanks for tuning in friends to another WIIRE episode, catch you in the next episode!

 

Resources:

]]> Mon, 15 Aug 2022 06:00:00 +0000 hello@womeninvestinrealestate.com (Ashley Gallacher, Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/6-ltr-to-mtr-with-ashley-gallacher-094fzdPi Hi everyone! Welcome to episode six of the Women Invest In Real Estate Podcast. Today we are welcoming guest Ashley Gallacher to the podcast. Ashley is a full-time real estate investor in the Seattle, Washington area. Ashley left her W-2 in corporate finance at the end of 2020 and now has both short and mid-term rental properties throughout Tacoma, near Mount Rainier National Park, and also in Milwaukee.

Ashley got her start in mid-term rentals after learning about Kendra and also Sarah Weaver on Instagram. They both have amazing resources on their Instagram pages and she came across them when she was looking for inspiration on how to pivot and switch her long-term rental to something different. Right now, Ashley only has one mid-term rental but it is on her list to turn more of her existing rentals into mid-term rentals and also find new properties to turn into mid-term rentals to add to her portfolios as well.

Ashley purchased her now mid-term rental in early 2020 (pre-pandemic) for $270,000. When they closed in March 2020 things quickly began to shut down and were lucky enough to find a long-term tenant very quickly for $1,700 per month, a bit lower than initially planned but she was also happy to have it occupied going into the COVID pandemic. Despite her initial fear that her market was oversaturated with mid-term rentals Ashley made the leap and has had great success with her mid-term rental.

 When Ashley made the switch to mid-term rentals, she increased the rent from $1,700 to $2,500 per month (now up to $2,700 per month) and gauged interest on a local Facebook group. With a lot of inquiries, she quickly locked in tenants before she had even finished furnishing the unit!

Being in real estate is all about being creative. Just getting started, taking action, and learning as you go; making necessary adjustments along the way. For the rookies tuning in, none of us knew 100% what we were doing when we first started, but we started anyway. We’re continuously changing our processes to make them better.

 Ashley is in agreement that the mid-term rental market is strong and will continue to grow and has plans to continue growing her real estate portfolio basing whether they are long or mid-term on the demand in the market. For the most part, Ashley finds her tenants on FurnishedFinder and local Facebook groups but would be open to using sites like Airbnb to keep her units rented.

If you want to connect with Ashley, head on over and follow her on Instagram.

Thanks for tuning in friends to another WIIRE episode, catch you in the next episode!

 

Resources:

]]> WIIRE 006: LTR to MTR with Ashley Gallacher Ashley Gallacher, Amelia McGee, Grace Gudenkauf 00:25:34 Hi everyone! Welcome to episode six of the Women Invest In Real Estate Podcast. Today we are welcoming guest Ashley Gallacher to the podcast. Ashley is a full-time real estate investor in the Seattle, Washington area. Ashley left her W-2 in corporate finance at the end of 2020 and now has both short and mid-term rental properties throughout Tacoma, near Mount Rainier National Park, and also in Milwaukee. Hi everyone! Welcome to episode six of the Women Invest In Real Estate Podcast. Today we are welcoming guest Ashley Gallacher to the podcast. Ashley is a full-time real estate investor in the Seattle, Washington area. Ashley left her W-2 in corporate finance at the end of 2020 and now has both short and mid-term rental properties throughout Tacoma, near Mount Rainier National Park, and also in Milwaukee. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate, wiiee retreat true full 6 76a0715d-d854-495c-84d9-e2cef353dfac WIIRE 005: Our Very First Mid-Term Rentals (& What We've Learned Since!) with Amelia & Grace Welcome back! Today we're going to talk about our very first mid-term rentals. We will be covering how we set up our first mid-term rentals and how we started managing our first mid-term rentals. 

Amelia’s first ever mid-term rental was in an 11-unit apartment building located about five minutes outside of downtown Des Moines, Iowa. She had seen a few people on Instagram doing the mid-term rental thing and was looking for ways to increase the cash flow on a brand new property that they were going to be purchasing. Before they she and her partners even purchased the property, they decided they were going to try the mid-term rentals strategy out and would start by converting one of the studio units into a mid-term rental to test the waters and see how it went.

With this property being all studio-style apartments, it would make a perfect mid-term rental layout. They could keep their furniture expenses low and as a bonus, it was close to all of the downtown hospitals. 

This particular property Amelia furnished mostly using Facebook Marketplace purchases for right around $3,000. Once it was furnished and ready for tenants she listed it on FurnishedFinder. Within about 24 hours she had her first inquiry; he signed the lease and the rest is history. 

But when this particular tenant moved out, he gave no notice, so he obviously did not get his deposit back. However, it only sat vacant for about one week before it was occupied again. 

One thing we want to add is that we do a few key things to protect ourselves in the event that someone were to cancel at the last minute because let’s face it, plans change. In these instances we simply state that the tenant is ‘on the hook’ for the rent until we find a new tenant - and we will do our very, very best to fill the unit as quickly as possible (which is rarely more than two weeks). We also like to use referrals for our regular traveling nurses - especially if they can find someone to split the unit with them.

We like to look at mid-term rentals like a puzzle: how can you line up all of your mid-term rentals so there's a minimal vacancy.

Grace prefers to look for those wanting a minimum of a 3-month stay because it is not her goal to be a short-term rental host. The exception here is if the has only a few days or weeks between tenants and she will offer the unit as a short-term rental at a higher nightly rate (think Airbnb), or someone who is willing to take over the remaining time on a canceled rental. For 

Grace’s goal is minimum vacancy and has had really good luck with people who have stayed and continued to extend their stay. The reason for that is that she makes sure that her units are nice, but not necessarily over the top. They don't have a bunch of extra amenities, but they have what you need, they're cute, and they're clean.

Investing in real estate provides so many opportunities to be creative with the properties that you already have, or new properties that you're purchasing. But we just love the mid-term rental strategy for that reason.

If you are interested in learning more about mid-term rentals, we have a couple of options for you. The first is our free MTR Starter Guide which covers the three most frequently asked questions that we get about midterm rentals. The second option is our Mid-Term Rental Profit Academy course. 

Thanks for tuning in, everyone. Catch you in the next episode!

 

Resources:

]]> Mon, 8 Aug 2022 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/wiire-005-our-very-first-mid-term-rentals-what-weve-learned-since-with-amelia-grace-dIcrc1WF Welcome back! Today we're going to talk about our very first mid-term rentals. We will be covering how we set up our first mid-term rentals and how we started managing our first mid-term rentals. 

Amelia’s first ever mid-term rental was in an 11-unit apartment building located about five minutes outside of downtown Des Moines, Iowa. She had seen a few people on Instagram doing the mid-term rental thing and was looking for ways to increase the cash flow on a brand new property that they were going to be purchasing. Before they she and her partners even purchased the property, they decided they were going to try the mid-term rentals strategy out and would start by converting one of the studio units into a mid-term rental to test the waters and see how it went.

With this property being all studio-style apartments, it would make a perfect mid-term rental layout. They could keep their furniture expenses low and as a bonus, it was close to all of the downtown hospitals. 

This particular property Amelia furnished mostly using Facebook Marketplace purchases for right around $3,000. Once it was furnished and ready for tenants she listed it on FurnishedFinder. Within about 24 hours she had her first inquiry; he signed the lease and the rest is history. 

But when this particular tenant moved out, he gave no notice, so he obviously did not get his deposit back. However, it only sat vacant for about one week before it was occupied again. 

One thing we want to add is that we do a few key things to protect ourselves in the event that someone were to cancel at the last minute because let’s face it, plans change. In these instances we simply state that the tenant is ‘on the hook’ for the rent until we find a new tenant - and we will do our very, very best to fill the unit as quickly as possible (which is rarely more than two weeks). We also like to use referrals for our regular traveling nurses - especially if they can find someone to split the unit with them.

We like to look at mid-term rentals like a puzzle: how can you line up all of your mid-term rentals so there's a minimal vacancy.

Grace prefers to look for those wanting a minimum of a 3-month stay because it is not her goal to be a short-term rental host. The exception here is if the has only a few days or weeks between tenants and she will offer the unit as a short-term rental at a higher nightly rate (think Airbnb), or someone who is willing to take over the remaining time on a canceled rental. For 

Grace’s goal is minimum vacancy and has had really good luck with people who have stayed and continued to extend their stay. The reason for that is that she makes sure that her units are nice, but not necessarily over the top. They don't have a bunch of extra amenities, but they have what you need, they're cute, and they're clean.

Investing in real estate provides so many opportunities to be creative with the properties that you already have, or new properties that you're purchasing. But we just love the mid-term rental strategy for that reason.

If you are interested in learning more about mid-term rentals, we have a couple of options for you. The first is our free MTR Starter Guide which covers the three most frequently asked questions that we get about midterm rentals. The second option is our Mid-Term Rental Profit Academy course. 

Thanks for tuning in, everyone. Catch you in the next episode!

 

Resources:

]]> WIIRE 005: Our Very First Mid-Term Rentals (& What We've Learned Since!) with Amelia & Grace Grace Gudenkauf, Amelia McGee 00:21:17 Welcome back! Today we're going to talk about our very first mid-term rentals. We will be covering how we set up our first mid-term rentals and how we started managing our first mid-term rentals. Welcome back! Today we're going to talk about our very first mid-term rentals. We will be covering how we set up our first mid-term rentals and how we started managing our first mid-term rentals. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate, wiiee retreat true full 5 b189fec9-3822-46a3-8675-e259bbd1c627 WIIRE 004: 3 Steps to Launch Your Mid-Term Rental with Amelia & Grace Welcome back to episode four of the WIIRE podcast. In today’s episode, we’re going to talk about the first three steps to getting started in mid-term rentals. We are super excited to dive into this topic because we both got started not too long ago in mid-term rentals ourselves so it’s pretty fresh. The steps we are going to cover can also be found in our free downloadable MTR Starter Guide. 

We’ve compiled these three steps because they are the most common questions we get about getting started with mid-term rentals. At least once a week we get questions coming into our inbox with questions such as:

  • How to get started
  • How to identify a market
  • Where to list your property

…plus so many more. So we’ve taken all of these great questions and created this free guide. 

 

Step 1: Identify Your Market

How do you know if your market is good for a mid-term rental?

One of the biggest indicators about midterm rentals is that most of the tenants are traveling nurses. The first indicator is if it has hospitals, nursing homes, or some sort of medical facility in the local area. Also, if it has a medium to large population size is a good indicator as well. While mid-term rentals can work anywhere if you're looking to have more of a steady income with a mid-term rental you're going to want to look in a medium to big-sized city. The exception to this is if you are the only mid-term rental in your area. 

The other thing about choosing the right market is that it's really going to help in the way that you might be able to turn your midterm rental into a short-term rental, if the opportunity is there, or maybe if mid-term rentals slowing down. And of course, the bigger the city, the more amenities in that city, the easier that's going to be to keep it occupied. One other identifier is, if the city has a major airport for travelers, including airline employees. 

Simply doing your research ahead of time to see if there's a need for mid-term rentals in your area will help you decide if it is a good move for you. 

 

Step 2: Identifying A Location 

In this step, you need to look within the city you’ve chosen and see where within the city makes sense. One thing that's going to be different than a long-term rental is you need to have A and B-class neighborhoods because these people are coming from out of town and are trusting you to place them in a safe location. They're not going to be there for that long and are not okay with staying in D and C class areas or buildings that are loud, unsafe, and noisy. It needs to be in a good location, safe, cozy, and comfortable. 

Many of these travelers are traveling alone and in our experience, over 50% of them have been females, and they want a safe and quiet neighborhood.

Another indicator of a good location is within 15 to 20 minutes of driving distance of the facility that they're going to be working at, specifically if they are a traveling nurse or medical professional. Many of them work on call and if they are called in they need to be within 15-20 minutes of that facility or hospital. Another perk is if it is close to public transportation if it is in a larger city. 

 

Step 3: List your mid-term rental

The most common question we get: ‘where do you list your midterm rental?’

If we could only list our properties in one place, it would be FurnishedFinder. FurnishedFinder is specifically for mid-term rentals and is a platform that targets traveling nurses as well as a lot of other traveling professionals. On FurnishedFinder, bookings tend to come in around three weeks ahead of time.

The other two websites we have also used are AirBNB and also in city-specific Facebook groups for traveling nurses or even city-specific FurnishedFinder groups. 

If you’re interested in learning more, check out our course called MTR Profit Academy, designed to start using midterm rentals as a way to start doubling your cash flow. 

Thanks for tuning in, see you next week!

 

Resources:

]]> Mon, 1 Aug 2022 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/wiire-004-3-steps-to-launch-your-mid-term-rental-with-amelia-grace-pS76uEvH Welcome back to episode four of the WIIRE podcast. In today’s episode, we’re going to talk about the first three steps to getting started in mid-term rentals. We are super excited to dive into this topic because we both got started not too long ago in mid-term rentals ourselves so it’s pretty fresh. The steps we are going to cover can also be found in our free downloadable MTR Starter Guide. 

We’ve compiled these three steps because they are the most common questions we get about getting started with mid-term rentals. At least once a week we get questions coming into our inbox with questions such as:

  • How to get started
  • How to identify a market
  • Where to list your property

…plus so many more. So we’ve taken all of these great questions and created this free guide. 

 

Step 1: Identify Your Market

How do you know if your market is good for a mid-term rental?

One of the biggest indicators about midterm rentals is that most of the tenants are traveling nurses. The first indicator is if it has hospitals, nursing homes, or some sort of medical facility in the local area. Also, if it has a medium to large population size is a good indicator as well. While mid-term rentals can work anywhere if you're looking to have more of a steady income with a mid-term rental you're going to want to look in a medium to big-sized city. The exception to this is if you are the only mid-term rental in your area. 

The other thing about choosing the right market is that it's really going to help in the way that you might be able to turn your midterm rental into a short-term rental, if the opportunity is there, or maybe if mid-term rentals slowing down. And of course, the bigger the city, the more amenities in that city, the easier that's going to be to keep it occupied. One other identifier is, if the city has a major airport for travelers, including airline employees. 

Simply doing your research ahead of time to see if there's a need for mid-term rentals in your area will help you decide if it is a good move for you. 

 

Step 2: Identifying A Location 

In this step, you need to look within the city you’ve chosen and see where within the city makes sense. One thing that's going to be different than a long-term rental is you need to have A and B-class neighborhoods because these people are coming from out of town and are trusting you to place them in a safe location. They're not going to be there for that long and are not okay with staying in D and C class areas or buildings that are loud, unsafe, and noisy. It needs to be in a good location, safe, cozy, and comfortable. 

Many of these travelers are traveling alone and in our experience, over 50% of them have been females, and they want a safe and quiet neighborhood.

Another indicator of a good location is within 15 to 20 minutes of driving distance of the facility that they're going to be working at, specifically if they are a traveling nurse or medical professional. Many of them work on call and if they are called in they need to be within 15-20 minutes of that facility or hospital. Another perk is if it is close to public transportation if it is in a larger city. 

 

Step 3: List your mid-term rental

The most common question we get: ‘where do you list your midterm rental?’

If we could only list our properties in one place, it would be FurnishedFinder. FurnishedFinder is specifically for mid-term rentals and is a platform that targets traveling nurses as well as a lot of other traveling professionals. On FurnishedFinder, bookings tend to come in around three weeks ahead of time.

The other two websites we have also used are AirBNB and also in city-specific Facebook groups for traveling nurses or even city-specific FurnishedFinder groups. 

If you’re interested in learning more, check out our course called MTR Profit Academy, designed to start using midterm rentals as a way to start doubling your cash flow. 

Thanks for tuning in, see you next week!

 

Resources:

]]> WIIRE 004: 3 Steps to Launch Your Mid-Term Rental with Amelia & Grace Amelia McGee, Grace Gudenkauf 00:18:20 Welcome back to episode four of the Women Invest In Real Estate podcast. In today’s episode, we’re going to talk about the first three steps to getting started in mid-term rentals. We are super excited to dive into this topic because we both got started not too long ago in mid-term rentals ourselves so it’s pretty fresh. The steps we are going to cover can also be found in our free downloadable MTR Starter Guide. We’ve compiled these three steps because they are the most common questions we get about getting started with mid-term rentals. Welcome back to episode four of the Women Invest In Real Estate podcast. In today’s episode, we’re going to talk about the first three steps to getting started in mid-term rentals. We are super excited to dive into this topic because we both got started not too long ago in mid-term rentals ourselves so it’s pretty fresh. The steps we are going to cover can also be found in our free downloadable MTR Starter Guide. We’ve compiled these three steps because they are the most common questions we get about getting started with mid-term rentals. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate, wiiee retreat true full 4 710b47a9-a744-4ad3-a0ab-bc41645f6079 WIIRE 003: Behind the Scenes: Seller Finance Acquisition & Crazy Tenants Welcome to episode three of the Women Invest In Real Estate podcast! Today's episode is a behind-the-scenes look into each of our businesses and what we're currently up to. 
 

Amelia’s Current Projects

I recently bought a duplex in West Des Moines, but I didn't have to do a single thing to it so I never really think about it as a purchase. But prior to that, I hadn't bought a property since August of 2021. I'm currently in the works of purchasing a dilapidated triplex in my small hometown. It needs a full gut and a lot of exterior work. The way that I found this triplex was I had someone apply for one of my other rental units, and the reason that he put for moving from his current residence was that his current landlord was selling the property. So I figured out who that landlord was and I reached out to him asking if he had any other properties that he was looking to sell.

Despite it being a small town I hadn’t heard of this seller. I found his phone number and it turns out he was interested in selling another property. I met him, took a look at the property, waited about a week, and sent him a seller-financed offer. The offer was for $48,000 on a 5-year term; with five equal payments of around $9,600 each. Obviously, we would have no early repayment penalty, because the plan with the property would be to fix it up and then BRRRR it out. At that point, we would refinance into a conventional mortgage after all of the rehab was done. 

This property landed on a purchase price of $50,000 and will likely need between $50-60K to rehab it before I go for the refinance. Right now I think it will appraise for between $115-120K and then the rent roll will be around $1,875. 

This particular property will be operated as a long-term rental. While I love mid-term rentals it is a really big property and I don’t want to have to furnish it. There's also something to be said for the stability of still having long-term rentals, which makes me feel good at night. The other thing with this property is that two of the three units are vacant. With this being my hometown experiencing a major housing shortage it feels good to be able to provide quality housing to the community. 
 

Grace’s Current Projects

I have my eight-unit rental property that we purchased back in December and have been fixing it up DIY style. As each unit turned over we rehabbed them and we now have three out of eight units left. We are working on all three at once and they will all be mid-term rentals because their location is so close to the hospital. They're each one and two bedrooms and my one-bedroom requests on mid-term rentals on Furnished Finder right now are insane. 

This time around we did decide to hire out the painting, which has been absolutely amazing. We also are hiring out the window and siding replacements for this property. With this property being mid-term rentals we pay the utilities on these and we have decided to remove some of the windows since there was such a large quantity of them.

I’m hoping to wrap up this property and have it appraised in the next four to six weeks so we can lock in our rate. We will make sure that all of our numbers and income are together, and that the property looks top-notch for the appraisal so I can get top-dollar on that property.

With no ‘next’ projects in Grace’s pipeline, she is excited to enjoy some R&R over the summer and really focus on what she wants to do next!
 

Thank you so much for joining us on this behind-the-scenes look at our real estate investing businesses. Catch you next time!

 

Resources:

]]> Mon, 25 Jul 2022 06:00:00 +0000 hello@womeninvestinrealestate.com (Grace Gudenkauf, Amelia McGee) https://women-invest-in-real-estate.simplecast.com/episodes/behind-the-scenes-seller-finance-acquisition-crazy-tenants-UTNCbEMr Welcome to episode three of the Women Invest In Real Estate podcast! Today's episode is a behind-the-scenes look into each of our businesses and what we're currently up to. 
 

Amelia’s Current Projects

I recently bought a duplex in West Des Moines, but I didn't have to do a single thing to it so I never really think about it as a purchase. But prior to that, I hadn't bought a property since August of 2021. I'm currently in the works of purchasing a dilapidated triplex in my small hometown. It needs a full gut and a lot of exterior work. The way that I found this triplex was I had someone apply for one of my other rental units, and the reason that he put for moving from his current residence was that his current landlord was selling the property. So I figured out who that landlord was and I reached out to him asking if he had any other properties that he was looking to sell.

Despite it being a small town I hadn’t heard of this seller. I found his phone number and it turns out he was interested in selling another property. I met him, took a look at the property, waited about a week, and sent him a seller-financed offer. The offer was for $48,000 on a 5-year term; with five equal payments of around $9,600 each. Obviously, we would have no early repayment penalty, because the plan with the property would be to fix it up and then BRRRR it out. At that point, we would refinance into a conventional mortgage after all of the rehab was done. 

This property landed on a purchase price of $50,000 and will likely need between $50-60K to rehab it before I go for the refinance. Right now I think it will appraise for between $115-120K and then the rent roll will be around $1,875. 

This particular property will be operated as a long-term rental. While I love mid-term rentals it is a really big property and I don’t want to have to furnish it. There's also something to be said for the stability of still having long-term rentals, which makes me feel good at night. The other thing with this property is that two of the three units are vacant. With this being my hometown experiencing a major housing shortage it feels good to be able to provide quality housing to the community. 
 

Grace’s Current Projects

I have my eight-unit rental property that we purchased back in December and have been fixing it up DIY style. As each unit turned over we rehabbed them and we now have three out of eight units left. We are working on all three at once and they will all be mid-term rentals because their location is so close to the hospital. They're each one and two bedrooms and my one-bedroom requests on mid-term rentals on Furnished Finder right now are insane. 

This time around we did decide to hire out the painting, which has been absolutely amazing. We also are hiring out the window and siding replacements for this property. With this property being mid-term rentals we pay the utilities on these and we have decided to remove some of the windows since there was such a large quantity of them.

I’m hoping to wrap up this property and have it appraised in the next four to six weeks so we can lock in our rate. We will make sure that all of our numbers and income are together, and that the property looks top-notch for the appraisal so I can get top-dollar on that property.

With no ‘next’ projects in Grace’s pipeline, she is excited to enjoy some R&R over the summer and really focus on what she wants to do next!
 

Thank you so much for joining us on this behind-the-scenes look at our real estate investing businesses. Catch you next time!

 

Resources:

]]> WIIRE 003: Behind the Scenes: Seller Finance Acquisition & Crazy Tenants Grace Gudenkauf, Amelia McGee 00:17:40 Welcome to episode three of the Women Invest In Real Estate podcast! Today's episode is a behind-the-scenes look into each of our businesses and what we're currently up to (in and outside of WIIRE!). Welcome to episode three of the Women Invest In Real Estate podcast! Today's episode is a behind-the-scenes look into each of our businesses and what we're currently up to (in and outside of WIIRE!). rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate, wiiee retreat false full 3 1ae3851f-c6ec-43cd-9d7a-e1679192ba72 WIIRE 002: 10 Steps to Get Started in Real Estate Investing Hello everyone! Welcome back to another episode of the Women Invest In Real Estate podcast. Today we're going to talk about the 10 Steps to Get Started In Real Estate Investing. 
 

Step 1: 

This first step is super important and it's also a step that a lot of investors forget to take when they're first starting out. It is to define your why. This is important because your why sets the standard for your journey and what it’s going to look like. 

Consider what it is that you actually want. Do you want to do this passively? Are you trying to do this full-time to get out of your W-2? Do you want cash flow? Do you want appreciation? Do you want to be passive, or fill every waking minute you have with real estate so that you can leave your job ASAP? There are so many different ways to invest in real estate and without knowing what you're doing it for, it's impossible to decide on the best strategy.

I don't think I ever sat down and necessarily like wrote out what my WHY is, but I would highly encourage you to sit down and define your WHY. One great resource to get started with is our free WIIRE download: 10 Steps to Get Started In Real Estate. 

 

Step 2:

The next step would be to determine your competitive advantage. A lot of people want an answer on where they should invest and really it comes down to where you have a competitive advantage. Where is your network? Where do you know the market really well? Wherever that is, go to that market. Really think about where can you make the biggest bang for your buck and where you have a competitive advantage.

 

Step 3:

We are so passionate about number three: analyzing your personal financial situation. This is such a basic necessity when you are deciding how to get started in real estate investing. It's very important to have a solid personal financial base because real estate investing is running a business. So if you can't manage your own finances, you are not going to be able to manage a business's finances, especially on the scale of hundreds of thousands of dollars. You don’t have to be great at math, but you do have to know how to run the numbers, punch those numbers into a spreadsheet, and know what those numbers are telling you.

 

Step 4:

Choose a strategy. There are a million different strategies in real estate investing and within those strategies, there are a million more. More often than not, you will come across one of these strategies:

  • Buy-and-hold
  • Flipping
  • Wholesaling
  • Short-term rentals
  • Mid-term rentals (get the deets inside our course, here!)
  • BRRRR

 

Step 5:

Your crystal clear deal criteria - this can also be called your ‘Buy Box’. This is where you set standards and a vision for your perfect deal and start looking for properties that fall within that ‘Buy Box’. This is a really important step because a lot of investors get analysis paralysis. But if you have specific criteria in mind and find a property that falls within the criteria, this is a way to hold yourself accountable when you find a property that falls within your search criteria.
 

Step 6:

Ask yourself: are you going to invest locally or out of state? There are pros and cons to renting in your own state as well as out of state. We like to say that local investing is easier to get started, but harder to systemize, because you get caught up in doing the day-to-day things. Whereas out-of-state investing can be really hard to get up and running and get under control, however, once you do it can run like a well-oiled machine because you are not doing anything but managing the people you have in place.

 

Step 7:

Hire out! This is a huge decision for your real estate business. But the good news is that just because you choose to do DIY to begin with, that doesn't mean that you're stuck with DIY forever! Additionally, if you're not already a handy person, I wouldn't necessarily try to learn DIY on a rehab. It can be tough and time-consuming. Start small with cosmetic fixes (painting, adding some new hardware, etc.), instead of a full-gut project.
 

Step 8:

Check out one (or all) of our FAVORITE reads all about investing!

 

Step 9:

Check out our favorite kind of free resource: podcasts! We were self-taught investors and so much of our knowledge was gained for free or through very minimal investment (books, see above). 

 

Step 10:

Join our community for women in real estate called, The Community. It consists of a monthly masterclass from an industry expert, a monthly LIVE Q&A with us, and a Community Dashboard where you can network and ask all of your burning questions. It is a very low-cost way to gain so much knowledge and get to meet other female investors. 

We hope you got all you need to get started. Catch you next time!

 

 

Resources:

]]> Mon, 18 Jul 2022 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/10-steps-to-get-started-in-real-estate-investing-HblZ_zr2 Hello everyone! Welcome back to another episode of the Women Invest In Real Estate podcast. Today we're going to talk about the 10 Steps to Get Started In Real Estate Investing. 
 

Step 1: 

This first step is super important and it's also a step that a lot of investors forget to take when they're first starting out. It is to define your why. This is important because your why sets the standard for your journey and what it’s going to look like. 

Consider what it is that you actually want. Do you want to do this passively? Are you trying to do this full-time to get out of your W-2? Do you want cash flow? Do you want appreciation? Do you want to be passive, or fill every waking minute you have with real estate so that you can leave your job ASAP? There are so many different ways to invest in real estate and without knowing what you're doing it for, it's impossible to decide on the best strategy.

I don't think I ever sat down and necessarily like wrote out what my WHY is, but I would highly encourage you to sit down and define your WHY. One great resource to get started with is our free WIIRE download: 10 Steps to Get Started In Real Estate. 

 

Step 2:

The next step would be to determine your competitive advantage. A lot of people want an answer on where they should invest and really it comes down to where you have a competitive advantage. Where is your network? Where do you know the market really well? Wherever that is, go to that market. Really think about where can you make the biggest bang for your buck and where you have a competitive advantage.

 

Step 3:

We are so passionate about number three: analyzing your personal financial situation. This is such a basic necessity when you are deciding how to get started in real estate investing. It's very important to have a solid personal financial base because real estate investing is running a business. So if you can't manage your own finances, you are not going to be able to manage a business's finances, especially on the scale of hundreds of thousands of dollars. You don’t have to be great at math, but you do have to know how to run the numbers, punch those numbers into a spreadsheet, and know what those numbers are telling you.

 

Step 4:

Choose a strategy. There are a million different strategies in real estate investing and within those strategies, there are a million more. More often than not, you will come across one of these strategies:

  • Buy-and-hold
  • Flipping
  • Wholesaling
  • Short-term rentals
  • Mid-term rentals (get the deets inside our course, here!)
  • BRRRR

 

Step 5:

Your crystal clear deal criteria - this can also be called your ‘Buy Box’. This is where you set standards and a vision for your perfect deal and start looking for properties that fall within that ‘Buy Box’. This is a really important step because a lot of investors get analysis paralysis. But if you have specific criteria in mind and find a property that falls within the criteria, this is a way to hold yourself accountable when you find a property that falls within your search criteria.
 

Step 6:

Ask yourself: are you going to invest locally or out of state? There are pros and cons to renting in your own state as well as out of state. We like to say that local investing is easier to get started, but harder to systemize, because you get caught up in doing the day-to-day things. Whereas out-of-state investing can be really hard to get up and running and get under control, however, once you do it can run like a well-oiled machine because you are not doing anything but managing the people you have in place.

 

Step 7:

Hire out! This is a huge decision for your real estate business. But the good news is that just because you choose to do DIY to begin with, that doesn't mean that you're stuck with DIY forever! Additionally, if you're not already a handy person, I wouldn't necessarily try to learn DIY on a rehab. It can be tough and time-consuming. Start small with cosmetic fixes (painting, adding some new hardware, etc.), instead of a full-gut project.
 

Step 8:

Check out one (or all) of our FAVORITE reads all about investing!

 

Step 9:

Check out our favorite kind of free resource: podcasts! We were self-taught investors and so much of our knowledge was gained for free or through very minimal investment (books, see above). 

 

Step 10:

Join our community for women in real estate called, The Community. It consists of a monthly masterclass from an industry expert, a monthly LIVE Q&A with us, and a Community Dashboard where you can network and ask all of your burning questions. It is a very low-cost way to gain so much knowledge and get to meet other female investors. 

We hope you got all you need to get started. Catch you next time!

 

 

Resources:

]]> WIIRE 002: 10 Steps to Get Started in Real Estate Investing Amelia McGee, Grace Gudenkauf 00:20:53 Hello everyone! Welcome back to another episode of the Women Invest In Real Estate podcast. Today we're going to talk about the 10 Steps to Get Started In Real Estate Investing.  Hello everyone! Welcome back to another episode of the Women Invest In Real Estate podcast. Today we're going to talk about the 10 Steps to Get Started In Real Estate Investing.  fix and flip, growth mindset, rei, real estate in iowa, mid-term rentals, real estate investing, rental properties, investment property, women in real estate, women invest in real estate, brrrr, rei conversations, investment, women investing in real estate false full 2 2b8e0457-4788-4eb6-9748-47166cc542c9 WIIRE 001: Welcome to the WIIRE Podcast! An introduction to Amelia & Grace Hello friends! Welcome to the very first episode of the Women Invest In Real Estate podcast with Amelia and Grace. We’re so excited you’re here! In this first episode, we’re going to tell you a little bit about our backgrounds and also dive into the lessons we’ve each learned during our investing journey.
 

Amelia’s Story

Amelia is a 30-year-old investor from Des Moines, Iowa whose investing journey started in 2019 when she bought her first property with her parents to flip. In June 2020 they sold that property and she decided she no longer wanted to flip properties but instead wanted to buy rental properties so that she could earn passive income every single month. Her plan was to use a portion of the proceeds from that flip to put down payments on her next rental properties. 

Prior to that, she had spent about two years researching properties and trying to talk her parents into joining her on the real estate adventure before they finally gave in and none of them have ever looked back. When they finally said ‘yes’ they purchased a 4 bedroom, 2 bathroom property for only $28,000, and everything that could go wrong did go wrong.  

Amelia firmly believes in just getting started. 

When they finally finished the flip and sold the property they moved on to purchasing a tri-plex in her hometown. Knowing it already had tenants living in it and being in pretty rough shape Amelia was driven by providing safe and clean housing to residents of her own community. Since then, Amelia has continued to grow her real estate portfolio and now has 30 doors across the state of Iowa. 

One of Amelia’s biggest lessons learned was how to get creative and just roll with the punches. Another note Amelia leaves us with is failure is not an option. Know how to pivot and problem-solve: if you cannot do those things real estate may not be the best fit for you. Lastly, she learned that if you show other people (friends, family, or close-knit network) what you're doing and that you're making money and having success, they're going to want to get involved.

 

Grace’s Story


Prior to getting into real estate, Grace actually had already established an Instagram following by posting about her love of reading. Once she made the pivot (changing her entire presence on Instagram) she met Amelia. Grace originally went to school for engineering and after only one year Grace made the pivot into real estate. As a New Years’ Resolution with Amelia they started a Meet-Up, and the rest, as they say, is history.

Grace began her real estate career by partnering with her sister and her boyfriend and together they purchased their first property in 2021. A few months later they purchased a few more and had a total of three properties (five doors). She felt like this was the right move for her and with the ability to go back to her old job (or find a new job) - and was in a debt-free comfortable position to take this chance. 

“You can do anything and everyone is an entrepreneur. Just put yourself out there. You just have to decide.”

Another piece of advice Grace gives to anyone starting on the real estate journey is to double your timeline and your budget. Don’t start with a full gut (like she did - which thankfully worked out in her favor).

Now, Grace has a total of 20 doors in her real estate portfolio, all within about 20 minutes of where she lives, self-managing all of them. But what Grace is really excited about is what is just ahead of her. Nothing. There is nothing in Grace's pipeline and she's pumped to be able to spend time reassessing and figuring out exactly where she wants to put her intention next.  

“It’s ok to not know what you want to do or where you want to go. We’re all just figuring it out.”

We both struggle with imposter syndrome (who doesn’t), but at the same time, we have learned to work through it, together. 

Thank you so much for tuning in to the first WIIRE episode, see you next time!


 

Resources:

]]> Mon, 11 Jul 2022 06:00:00 +0000 hello@womeninvestinrealestate.com (Amelia McGee, Grace Gudenkauf) https://women-invest-in-real-estate.simplecast.com/episodes/welcome-to-the-wiire-podcast-an-introduction-to-amelia-grace-7Sk8QPBd Hello friends! Welcome to the very first episode of the Women Invest In Real Estate podcast with Amelia and Grace. We’re so excited you’re here! In this first episode, we’re going to tell you a little bit about our backgrounds and also dive into the lessons we’ve each learned during our investing journey.
 

Amelia’s Story

Amelia is a 30-year-old investor from Des Moines, Iowa whose investing journey started in 2019 when she bought her first property with her parents to flip. In June 2020 they sold that property and she decided she no longer wanted to flip properties but instead wanted to buy rental properties so that she could earn passive income every single month. Her plan was to use a portion of the proceeds from that flip to put down payments on her next rental properties. 

Prior to that, she had spent about two years researching properties and trying to talk her parents into joining her on the real estate adventure before they finally gave in and none of them have ever looked back. When they finally said ‘yes’ they purchased a 4 bedroom, 2 bathroom property for only $28,000, and everything that could go wrong did go wrong.  

Amelia firmly believes in just getting started. 

When they finally finished the flip and sold the property they moved on to purchasing a tri-plex in her hometown. Knowing it already had tenants living in it and being in pretty rough shape Amelia was driven by providing safe and clean housing to residents of her own community. Since then, Amelia has continued to grow her real estate portfolio and now has 30 doors across the state of Iowa. 

One of Amelia’s biggest lessons learned was how to get creative and just roll with the punches. Another note Amelia leaves us with is failure is not an option. Know how to pivot and problem-solve: if you cannot do those things real estate may not be the best fit for you. Lastly, she learned that if you show other people (friends, family, or close-knit network) what you're doing and that you're making money and having success, they're going to want to get involved.

 

Grace’s Story


Prior to getting into real estate, Grace actually had already established an Instagram following by posting about her love of reading. Once she made the pivot (changing her entire presence on Instagram) she met Amelia. Grace originally went to school for engineering and after only one year Grace made the pivot into real estate. As a New Years’ Resolution with Amelia they started a Meet-Up, and the rest, as they say, is history.

Grace began her real estate career by partnering with her sister and her boyfriend and together they purchased their first property in 2021. A few months later they purchased a few more and had a total of three properties (five doors). She felt like this was the right move for her and with the ability to go back to her old job (or find a new job) - and was in a debt-free comfortable position to take this chance. 

“You can do anything and everyone is an entrepreneur. Just put yourself out there. You just have to decide.”

Another piece of advice Grace gives to anyone starting on the real estate journey is to double your timeline and your budget. Don’t start with a full gut (like she did - which thankfully worked out in her favor).

Now, Grace has a total of 20 doors in her real estate portfolio, all within about 20 minutes of where she lives, self-managing all of them. But what Grace is really excited about is what is just ahead of her. Nothing. There is nothing in Grace's pipeline and she's pumped to be able to spend time reassessing and figuring out exactly where she wants to put her intention next.  

“It’s ok to not know what you want to do or where you want to go. We’re all just figuring it out.”

We both struggle with imposter syndrome (who doesn’t), but at the same time, we have learned to work through it, together. 

Thank you so much for tuning in to the first WIIRE episode, see you next time!


 

Resources:

]]> WIIRE 001: Welcome to the WIIRE Podcast! An introduction to Amelia & Grace Amelia McGee, Grace Gudenkauf 00:18:38 Welcome to the very first episode of the Women Invest In Real Estate podcast with Amelia and Grace. We’re so excited you’re here! In this first episode, we’re going to tell you a little bit about our backgrounds and also dive into the lessons we’ve each learned during our investing journey. Welcome to the very first episode of the Women Invest In Real Estate podcast with Amelia and Grace. We’re so excited you’re here! In this first episode, we’re going to tell you a little bit about our backgrounds and also dive into the lessons we’ve each learned during our investing journey. rental property, wiire community, real estate, podcaster, fix and flip, short-term rentals, str, growth mindset, property management, rei, mtr, real estate in iowa, mid-term rentals, podcasters of instagram, real estate investing, multi-family, rental properties, women in business, investment property, women in real estate, women invest in real estate, brrrr, rental property investor, real estate advice, rei conversations, investment, women investing in real estate, wiiee retreat false full 1