The InvestHER Podcast

What is really holding women investors back??!! Well, as you might guess, this is a loaded question! We have the pleasure of talking about this question along with other amazing topics with Carole Ellis on today’s show! Carole is editor-in chief of Think Realty Magazine, America's largest print magazine for individual real estate investors and editor for Self Directed Investor News. Carole has been actively involved in real estate investing since 2006, both educating investors and investing herself. Carole has served as the editor of the Bryan Ellis Investing Letter, a newsletter for real estate investors with over 700,000 subscribers worldwide and she’s a regular contributor financial and real estate industry publications such as Real Estate Income Monthly. Carole is a contributor to the Huffington Post and has served as an editor of the Research magazine at the University of Georgia. On today’s episode, we cover a ton with Carole, including: the power of self directed IRA’s key pitfalls to avoid when using a self directed IRA the impact of gender when investing 3 crucial questions to ask yourself to increase your confidence and make an impact as a women Resources/Books mentioned in the show: Self Directed Investing for Women Facebook page   Traction by Gino Wickman https://www.amazon.com/Traction-Get-Grip-Your-Business/dp/1936661837/ref=sr_1_2?ie=UTF8&qid=1533032685&sr=8-2&keywords=traction https://www.amazon.com/Watership-Down-Novel-Richard-Adams/dp/0743277708/ref=sr_1_1?s=books&ie=UTF8&qid=1532715569&sr=1-1&keywords=watership+down Stay in Touch with Carole Watership Down by Richard Adams Via Facebook  Self Directed Investing for Women Facebook page Free Giveaway to our Listeners Be the first person to send your #1 takeaway from this show to liz@therealestateher.com and win a free membership to Think Realty which is an amazing membership resource for real estate investors and America's largest print magazine for individual real estate investors. https://thinkrealty.com/ InvestHER Community Join us on our mission to support and empower as many women as we can to live a financially free and balanced life. We invite you to join the InvestHER Community Facebook group along with other new and experienced women real estate investors! https://www.facebook.com/groups/Investhercommunity Follow us on: Facebook: @therealestateinvesther

All parents would agree that when their children are born, their life is changed forever. Little did Nicole Pettis know that when her son was born back in 2011, this major life change would cause Nicole to begin a whole new chapter of her life – flipping homes! After watching a ton of flipping shows on HGTV and educating herself on BiggerPockets, she jumped into the business by starting a networking group with 10 people (and has since grown the group to over 1000 members)! Nicole’s real estate experience is mainly in flipping “rental” property and she has managed over 15 flips ranging from $15,000 to over $400,000. She has worked on single family homes as well as multifamily flip projects. She not only manages her own flips but also helps other investors managing their projects as well. And for her latest project, she just closed on a seven unit building! On today’s episode, we discuss a ton with Nicole, including: How to avoid the most common mistakes made with contractors How to protect yourself when paying contractors How to move beyond past big challenges The #1 tool you need when managing projects (and for managing contractors) The mindset necessary to move from surviving to thriving in this business Resources/Books mentioned in the show: Voxer (app that acts like a Walkie Talkie) Rich Dad, Poor Dad by Robert Kiyosaki The 4 Hour Work Week by Tim Ferriss The Magnolia Story Learn more about Nicole Via BiggerPockets – www.biggerpockets.com/users/nchallans Via Facebook – Nicole Challans Pettis Via Email – nchallans@gmail.com InvestHER Community Join us on our mission to support and empower as many women as we can to live a financially free and balanced life. We invite you to join the InvestHER Community Facebook group along with other new and experienced women real estate investors! https://www.facebook.com/groups/Investhercommunity Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvesther   Please leave a comment below!

If you ask five different real estate investor’s opinion on “hard money” for real estate deals, you will get five different opinions! Hard money (like everything in real estate) has its time and place. Today we have the pleasure of interviewing Wendy Sweet on today’s show. Wendy is a Principal with Carolina Capital Management, LLC/Sweet Carolina Houses, LLC. Wendy has been lending money to investors since 2001 as both a conventional lender and a hard money lender. In 2008, she along with countless others tossed conventional lending to the trash pile. She dug in by growing her hard money company offering funds to the investors who were able to navigate the changing world of real estate. She and her partner who is also her brother, Bill Fairman, have been successfully lending money primarily in North and South Carolina to investors, rehabbers and builders. Currently they lend to commercial investors for multi-family, multi-tenanted projects in key areas of the US. They now manage a real estate fund for accredited investors in addition to brokering loans for those with money to invest. Wendy is also a 35 year licensed real estate broker in both Carolinas. On today’s episode, we discuss a lot with Wendy, including: What is hard money When to use (and NOT use) hard money How to find private lenders How to build relationships that help you grow your business How to utilize your IRA to invest in real estate Resources/Books mentioned in the show: IRA Companies: https://www.camaplan.com/; https://www.questira.com/; http://americanira.com The Richest Man Who Ever Lived by Steven Scott Wendy’s contact information: Website - www.carolinahardmoney.com The Alternative Investor Podcast Facebook - Carolina Hard Money Email - wendy@carolinahardmoney.com   Learn more about the High 5 Women MasterMind Group Pilot Program InvestHER Community Join us on our mission to support and empower as many women as we can to live a financially free and balanced life. We invite you to join the InvestHER Community Facebook group along with other new and experienced women real estate investors! https://www.facebook.com/groups/Investhercommunity Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvesther Please leave a comment below!

Jim Rohn once said, “You are the average of the five people you spend the most time with.”    Liz and Andresa are excited to be back with you this week! Most of our episodes are interview style with some pretty amazing ladies. Occasionally, we release a "solo show" where we discuss topics that we are passionate about and that we have a deep knowledge of!   This week is all about mastermind groups! This term "mastermind group" gets thrown around a lot, so we want to take a moment to explain the concept. The term was introduced by Napoleon Hill back in the early 1900's in his book, Think and Grow Rich. In this book, here is how he described the Mastermind concept: “The coordination of knowledge and effort between two or more people who work towards a definite purpose in a spirit of harmony." Another common definition of a mastermind group is a group a people who come together on a regular basis to share feedback, thoughts, and ideas with one another. Although the episode is short, we cover a lot of bases with this topic:   Why you need to join your own mastermind group How to run an actual mastermind group The #1 reason your mastermind group might fail The most important aspects to incorporate into your meetings so that everyone gets a ton of value from participating.   Resources/Books mentioned in the show: We just launched an exclusive pilot called The High 5 Real Estate Women Mastermind Group. The outcome for this pilot program is for women to launch their very own mastermind group so that their personal and business life can flourish and grow.  You can learn more by clicking here. You are also welcome to email Andresa for more information: andresa@therealestateinvesther.com.   Think and Grow Rich by Napeleon Hill InvestHER Community Join us on our mission to support and empower as many women as we can to live a financially free and balanced life. We invite you to join the InvestHER Community Facebook group along with other new and experienced women real estate investors! https://www.facebook.com/groups/Investhercommunity   Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvesther   Please leave a comment below!

We are thrilled to interview, Pam Goodwin, the author of “One Cent Lemonade to Million Dollar Deals” on today’s show. Pam is an Investor, Speaker, #1 Bestselling Author, Trainer, and Media Personality in the Dallas/Fort Worth area, where she lives with her husband and two sons. Pam is the principal and founder of Goodwin Commercial, a boutique commercial real estate and consulting firm specializing in developing retail and restaurant pad sites. With more than two decades of experience in tenant representation, project management, property development, and leasing, she has worked with companies such as: The Hahn Company, MEPC American Properties, Inc., General Growth Properties, Macerich, and Brinker International. Working on both the landlord and tenant side of commercial real estate has provided her with a crucial understanding of landlord and tenant requirements, which helps guide clients to successful results, and helps Pam teach others shortcuts to commercial real estate success. This deep understanding of commercial real estate has led Pam to partnering with other landlords to develop and invest in properties herself. You can find Pam’s books on Amazon: “One Cent Lemonade to Million Dollar Deals”  where she shares sizzling shortcuts to get hired, stand out, take action, and succeed as an entrepreneur. Also, #1 best-selling book on Amazon “Winning Ways in Commercial Real Estate” is the ultimate resource for anyone looking to learn from top experts in commercial real estate. On today’s episode, we discuss a lot with Pam, including: The #1 action to take when forming partnerships The advantages of investing in commercial real estate The most overlooked team member to help you find deals How to determine the best market for investing in commercial real estate How to find and keep a mentor Resources/Books mentioned in the show: International Council of Shopping Centers  Zig Ziglar book’s Winning Ways in Commercial Real Estate by Pam Goodwin One Cent Lemonade to Million Dollar Deals by Pam GoodwinPam’s contact information:Email: pam@pamgoodwin.com. Website: www.goodwincommercial.com Linkedin: Pamela J. Goodwin - Dallas, Twitter and Instagram: PamGoodwinCRE   Free Giveaway from Pam: Pam is happy to give away her book “Winning Ways in Commercial Real Estate - 18 Women in Commercial Real Estate share their success story.” To get a free signed copy of Pam’s book, be the first person to email (liz@therealestateinvesther.com) the following: One thing you learned from today’s episode One action you are going to take as a result of this episode InvestHER Community Join us on our mission to support and empower as many women as we can to live a financially free and balanced life. We invite you to join the InvestHER Community Facebook group along with other new and experienced women real estate investors! https://www.facebook.com/groups/Investhercommunity   Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvesther  Please leave a comment below!

What if when people asked what you did for a living, instead of answering: “I invest in real estate” you answered with “I facilitate landlord rescues” Which is more intriguing? Well today’s guest, Kristin Johnson, has grown her investment portfolio by helping landlords who want “out” of the business. Kristin started her career in Real Estate in 2002, working as a Senior Paralegal at a nationwide real estate investment firm. In 2010, Kristin co- founded Independence Capital, a property management company based New Mexico. Her initial goal was to manage 100 doors and within 3 years of launching her business grew to 600 doors. Kristin serves on the Property Management Advisory Committee for the New Mexico Real Estate Commission, and is the 2018 NARPM Regional Vice President Ambassador for the Southwest Region. In her spare time, Kristin enjoys hiking, working in the yard, and spending time with her family. Her most recent passion has been expanding her property management company to Arizona. On today’s episode, we cover a lot with Kristin: How to purchase deals at a discount How to find and identify a motivated seller How to structure a deal with a “tired landlord” How to get your kids involved in real estate How to NOT raise kids that are entitled Importance of aligning your team with vision and goals Resources/Books mentioned in the show: Process Street  Zapier  Miracle Morning for Entrepreneurs book Traction book  Kristin’s contact information: Email: kristin@icpmrentsmart.com; website: www.icpmrentsmart.com; direct: (505) 436-3687 Free Giveaway from Kristin!! Kristin is offering to waive the setup fee for hiring her property management company. Her company works in sections of Arizona, New Mexico, and Colorado. If interested, email kristin@icpmrentsmart.com with InvestHER in the subject line. InvestHER Community Join us on our mission to support and empower as many women as we can to live a financially free and balanced life. We invite you to join the InvestHER Community Facebook group along with other new and experienced women real estate investors! https://www.facebook.com/groups/Investhercommunity Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvesther   Please leave a comment below!

Lynn’s passion is to build beautiful, livable homes. She is a seasoned homebuilder specializing in spec and custom builds exclusively in Austin, Texas.  She started her career years ago as a real estate investor, investing in multiple commercial, residential, and multi-family projects.  In 2010, she transitioned from exclusively investing in real estate to sponsoring and constructing real estate investment projects after leaving a highly successful career as owner and entrepreneur in a multi-million dollar advertising and marketing agency. Lynn has built homes ranging from $700,000 up to $2,500,000. On today’s episode, we cover a lot with Lynn: How to make your first deal a successful one Tips when vetting contractors How to hire a “power” team How to avoid bad partnerships The key systems that she uses to run her business The importance of listening to the small voice in your head Resources/Books mentioned in the show: Coconstruct – Project Management for Custom Building  Expensify – Program that automates every step of the expense reporting process. The Universe Has Your Back - Gabrielle Bernstein teaches readers how to transform their fear into faith in order to live a divinely guided life. The E-Myth Revisited by Michael Gerber DISC Profile Quotable Phrases: “Great is the enemy of good” “Listen to the still small voice in your head” “Avoid drinking through a firehose” “This business is full of controlled chaos” Learn more about Lynn and her company, Starling Development Lynn has some amazing “how to” videos on her YouTube Join us on our mission to support and empower as many women as we can to live a balanced and financially free life. We invite you to join the InvestHER Community Facebook group along with other new and experienced women real estate investors! https://www.facebook.com/groups/Investhercommunity Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvesther Please leave a comment below!

Technology for managing rental property is changing as quickly as we write these show notes! Linda Liberatore from Secure Pay One, Inc. has made her mission to help landlords manage their properties more efficiently through the use of technology. Linda is a bestselling author and recently released her 2nd book, My Landlord Helper—The Keys to Managing Your Real Estate Investments and Achieving and Saving Money. Linda runs the day to day operations for her company which is based in Chicago. Linda has been speaking for a number of years at local REIA Groups and national conferences. She is a Forbes Real Estate Council member, a Coach for Think Realty, and the winner of the 2017 Property Manager of the Year award. On today’s episode, we cover a lot with Linda: Explanation of a unique model that falls between “self managing” and “full service” property management Simple tips to stay updated on technology changes #1 tip to help you determine the right software to manage your rentals Strategies to save you time and money as you manage your portfolio Ways you might be under utilizing tools like Docusign Resources/Books mentioned in the show: Top Property Management Softwares PropertyWare.com Rentmanager.com Appfolio.com Buildium.com Yardi.com Cozy.co My Landlord Helper by Linda Liberatore The Morning Miracle by Hal Elrod Learn more about Linda and her company, Secure Pay One: Facebook page  YouTube Channel  Phone number: 847-431-3300 Linda is giving away a free gift which is an ebook that she wrote called “The Ultimate Guide To Rent Collection 2018.” Just email Linda at lindal@securepayone.com and request a copy! Join us on our mission to support and empower as many women as we can to live a balanced and financially free life. We invite you to join the InvestHER Community Facebook group along with other new and experienced women real estate investors! Click here to join The Investher Community Follow us on: Facebook: @therealestateinvesther Instragram: @therealestateinvesther Please leave a comment below!

We are excited to have Cassi DeHaas from Titanium Investments on our show today. Cassi and her business partner, RJ, started out as general contractors, dived into investing head on and haven't stopped since. They have experience in all types of investing strategies such as wholesaling, flipping, buy and holds, multifamily and even airbnb's. Along with her partner, she has flipped more than 100 properties and currently owns over 90 rental units. Outside of being passionately dedicated to all things Titanium, Cassi has a variety of loves including her 2 crazy awesome dogs, the arts, music, concerts and attending sporting events! Cassi and her team are currently expanding their business by rolling out a digital marketing company for real estate investors and they also have a non-profit that is called Beat Kids Cancer. Here is what you will learn: The importance of purchasing "correctly" #1 tip when working with wholesalers How to move beyond "doing it yourself" How to expand beyond your local market Importance of building strong relationships Books/Resources discussed: Eat that Frog by Brian Tracy Learn more about Cassi and her team by checking out her site and FB page: http://www.titaniumprops.com/ https://www.facebook.com/titaniuminvestments/   Check out her partner RJ Bates's podcast called The Titanium Vault here: http://podcast.thetitaniumvault.com/   Join the InvestHER Facebook Community!  https://www.facebook.com/groups/Investhercommunity   Follow us on: Facebook: @therealestateinvesther Instragram: @therealestateinvesther   Please leave a comment below!

One of our favorite women in history, Helen Keller, said something profound a long time ago: "Alone we can do so little, together we can do so much." Funny, but this quote is NOW more important than ever. It is just impossible to be great in every aspect of investing. It is imperative to build and maintain a kick ass team to not only survive but to thrive. For many, this can often be challenging and there is not always a road map on how to do this. On today’s episode, Liz and Andresa share some of their most helpful strategies for building (and maintaining) a rock star team. Topics discussed: The #1 step to helping you build your dream team The importance of knowing your strengths and weaknesses Why building a team with people like YOU is a recipe for disaster Key team members every investor needs to have Tips on how to maintain strong teams and partnerships Personality Assessment Resources: Huffington Post article - 5 Best Personality Tests for Personal and Professional Growth  Predictive Index assessment Kolbe Index  Strengths Finder  Books discussed: Fierce Conversations by Susan Scott If you want a copy of the assessment that Liz mentions on today’s show, please send her an email (liz@therealestateinvesther.com) with the subject PODCAST – ASSESSMENT Follow us on: Facebook: @therealestateinvesther Instragram: @therealestateinvesther Join our Real Estate InvestHER Community Please leave a comment below!