She Buys It – Détails, épisodes et analyse

YAYY!!!!! I absolutely LOVED talking to Taylor about $32,000 deal!!!! Did I mention this was her first deal with me coaching her?!? WOW! If you want to learn more about her deal and how to find the right mentor for you, you HAVE to listen!

If you are ready to get your first deal done FAST click this link and get started!! https://firstdealdonefast.com

Are you curious to see if your investment will grow into a legacy for your family? If so, this is a must to listen to! Elizabeth talks about her family's legacy and how it got to be where it is today!

Are you ready to make your first deal done fast? Go to https://firstdealdonefast.com/ To get started!!

Question: "I found 10 acres that are going to be up for sale through an auction. I'm confused because they want me to send $1,000 in. Is this right? And if it is, how do I get my money back if I don't win?"

Real estate auction companies require an escrow deposit for several reasons. The first is to try and prevent latecomers. Auction houses don't like to get registrations on the Friday before the Saturday auction. They have to rush through the paperwork.

The second is so you won't forget. If you put your money down upfront, you'll show up to the auction (whether virtually or in-person) and pay attention.

The third reason is so they have your information if you win the auction. 

What happens to the money if you don't win? How long until you get it back? Find this out and more in this episode of the She Buys It Podcast with Whitney Nicely.

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Do You Want Immediate Access to the Top, Easy-to-Implement Steps to Closing Your Very First Deal?! Go to http://getyourfirstdeal.com/ and sign up!

Today on the She Buys It Podcast, Whitney sits down with Michelle Bosch. Michelle and her husband are changing lives across the country by buying land.

Michelle moved from Honduras to America in 1995. She came to study and to get a job and live the American dream. She and her husband lived paycheck to paycheck, comfortably miserable. They hated it, working 60-80 hour weeks. Since they were both immigrants working toward citizenship, they had to keep their jobs. They didn't have enough time to go visit her family in Honduras or his family in Germany. It wasn't what they thought life would be like when they moved to America. So they started looking for a side hustle. 

Michelle's family had had a great experience with real estate. She told her husband, "Let's look for some real estate," and they started to look at houses. 

They had the immigrant disadvantage. They had no idea how construction worked in the US. They didn't know how to estimate repairs on a foundation, roof, or on a kitchen. They weren't knowledgable on how to find financing. Very quickly they found themselves in over their heads.

But they also had the immigrant advantage. They came across a concept called tax delinquency. She went to a tax delinquency auction that ended up being extremely competitive. Quickly, Michelle found out that these tax-delinquent deeds were mostly of land. Where she lived, California, lands could not be auctioned off until they had 5 years of delinquent taxes. Thus she came up with her plan - getting ahold of landowners BEFORE their land went up for auction.

Join Whitney and Michelle as they talk about tax delinquency, playing the long game of real estate, being a neighbor investor, becoming an expert in your niche, and real estate investing strategy.

Michelle's advice for female real estate investors:

"Don't lose sight of your why. At the end of the day, we all love money. I'm all about hard cash, but even hard cash is a matter of the heart when it comes to WHY you are doing it. Keep your eye on the ball when it comes to your why.

Also, give it a taste. If it's something that you decide that you like, go all in. Or just keep it on hand as an additional strategy and an additional way of making money. There's nothing wrong with having an additional way of making money.

Create some mastery, then move on to something else. There's an incredible ease that happens when you become a master of a specific technique or a specific domain."

Connect with Michelle on https://www.michellebosch.com/, on the Facebook group, Land Profit Generator, or on Instagram @michelleboschofficial.

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Do You Want Immediate Access to the Top, Easy-to-Implement Steps to Closing Your Very First Deal?! Go to http://getyourfirstdeal.com/ and sign up!

Lease options are a great option for buying a house under a mortgage. Lease options are short for "lease with option to purchase real property." 

Some sellers NEED lease options. They get stuck with a house when they have to move for a job, get a divorce, or inherit other property. That's where you, a real estate investor, come in. You can help them with a lease option. 

Listen in to this episode of the She Buys It Podcast so you can get started with lease options!

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Do You Want Immediate Access to the Top, Easy-to-Implement Steps to Closing Your Very First Deal?! Go to http://getyourfirstdeal.com/ and sign up!

Today on the She Buys It Podcast, Leslie Dawson joins Whitney to talk about her exciting news! Leslie is an amazing woman who's been buying wholesale deals, fix and flips, and buy and hold deals in North Carolina, all with her kids in tow!

Leslie first started in real estate investing as a mistake. She had always had an interest in it, but she didn't know how to go about it. She decided to start anyway. She went downtown to find a tax sell. She bid on it and she won! But after she won she found out it was land in a community that could no be developed. 

Since she couldn't build on it, she needed to sell it. Thankfully, the HOA of the community had been bidding against her, so she was able to sell it to them and get her money back. 

After that learning curve, Leslie started working in banking after being a stay-at-home mom and going to school. She quickly tired of going to an office every day and decided that after that mistake, she needed to go to real estate school to learn how to invest.

After she got her license, she didn't use it for a while because she was still working for the bank. Life happened and she ended up getting separated, and she was left with almost nothing and had to start over. 

She decided to start using her real estate license as a realtor. After a year and a half of that, she decided she needed to get back to learning how to invest in real estate. She signed up for a course and learned about wholesaling, flipping, and how to do the math. 

After, she got "analysis paralysis." She had all this information but wasn't acting on it. It was about this time she met a friend who pushed her to use what she knew, as they had taken the same course. They got the tax list from the county of people who owed 2 or more years of property taxes. They put two properties under contract at the time... but both of them fell through!

7 months into her partnership, she started to work on her own. She kept working the tax list until she put her first two wholesale deals under contract. 

Leslie gives us this advice:

"Don't think, just do it. If you need to make a sacrifice, figure out what it is and do it."

Join Whitney and Leslie as they talk about why going to real estate school doesn't teach you to invest, why partnerships fail and why that's okay, how to keep going, even when you want to give up, and dealing with wholesaling ups and downs. 

 Connect with Leslie on Instagram at @lesliedawsonrealestate or on Facebook. 

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Do You Want Immediate Access to the Top, Easy-to-Implement Steps to Closing Your Very First Deal?! Go to http://getyourfirstdeal.com/ and sign up!

Whitney Nicely's first piece of investment property was land. She bought land at a bank foreclosure auction for $1,200. This included tax, title, and fees. 

When Whitney bought the land, she didn't even know where Decatur, Tennessee was. The land belonged to a subdivision development where a lady had bought it for $69,000, paid on it for 5 years, then let it go into foreclosure because it wasn't worth $69,000 at the time. 

Whitney sent out yellow letters to the neighbors of the property. They were interested in her offer to buy their land from them, but they wanted what they paid for their parcels. She was willing to pay them the money she had paid for her piece at auction, so she turned them down. 

Today, the land still sits empty because the development is progressing slowly. However, Whitney has a CHOICE about what she does with the land. She may be able to sell it in the future for $30,000 or so. She may build a house on it and sell that for $100,000. She's in no hurry. Property taxes are cheap and so are the HOA fees that keep it mowed.

Join Whitney today as she talks about the pros and the cons of using land to invest in real estate and the choice investing in land gives you.

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Do You Want Immediate Access to the Top, Easy-to-Implement Steps to Closing Your Very First Deal?! Go to http://getyourfirstdeal.com/ and sign up!

Whitney talks to Andresa Guidelli today on the She Buys It Podcast. They talk about Airbnb, real estate investor/mom/wife mindset, long-term mindset, and bringing financial freedom to women.

Andresa started real estate investing in 2011. It all started when she was working in door-to-door sales. She approached her manager to ask if he had any book recommendations so she could learn more about sales. He said, "Honey, you're not going to be in sales. You're going to be an entrepreneur." He gave her the book recommendation of Rich Dad, Poor Dad by Robert Kiyosaki. She read it in a week and talked it over with her manager. She told him that she wouldn't be in the job long. He said he knew she wouldn't, regardless of reading the book or not, and he wanted to guide her.

She took a course. Then she and her husband at the time started looking for a property to invest in. Labor Day weekend of that year, a property came on the market. She knew as soon as she saw it that she needed to visit it and make an offer. 

She called her realtor and he told her to wait until Monday, but she said, "Jack, I love you, but I'm seeing this property with or without you on Saturday morning." He ended up meeting her there early that Saturday. She put in a full price offer, bought it, renovated it, and moved in. She used house hacking and pulled out $68,000 in equity and was able to use it for further deals.

Within two years, they moved out and rented it out. She's sold the house and moved on to looking for commercial and large deals.

In 2012, she heard about Airbnb. She thought it was weird at first, but a friend of hers was renting out her house and told her to try it. A light bulb went off. Just by renting out her house for a couple of days while she was traveling, she could cover the mortgage. 

Andresa's word of advice when it comes to Airbnb. 

"Tailor to your niche. I tailor to families, so it's kid and pet-friendly. I have a crib, highchair, and things for the dog. It attracts a lot of folks, and they barely stay at the house, to be honest. They are with their family, but they want to explore the city. This way it is very attractive and you also get repeat customers/clients/guests that come to visit every year and want to stay at your place because they know they have everything they need."

She didn't see women in real estate and wanted to make a change. So, Liz Faircloth and she started the Real Estate InvestHer website and podcast. They started meetups and are bringing on a membership website soon.

You can connect with Andresa at https://therealestateinvesther.com/.

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Do You Want Immediate Access to the Top, Easy-to-Implement Steps to Closing Your Very First Deal?! Go to http://getyourfirstdeal.com/ and sign up!

What to do in a Time of Crisis in Real Estate

Real estate investors are problem solvers. To be a problem solver it's not enough just to be able to solve problems such as your sewer backing up into your triplex or your appraiser being 15 minutes late to your first meeting. You also have to have a heart to help people.

Things are crazy in our economy and our everyday lives. Tomorrow is not promised, and circumstances are changing hour by hour. One thing I do know is that you need to be helping people. You can help sellers who can't handle their real estate anymore and just want to get rid of it. 

Right now it's all about you helping. Sellers need help in good economies because life happens. In a bad economy, sellers need your help even more. 

Listen in as Whitney talks about how you can help in a time of crisis.

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Do You Want Immediate Access to the Top, Easy-to-Implement Steps to Closing Your Very First Deal?! Go to http://getyourfirstdeal.com/ and sign up!

Today on the She Buys It Podcast, Whitney sits down with Rita Medeiros. Rita started as a stock investor and moved on to become a real estate investor who helps women. She's a full-time psychiatric nurse by trade, but she also runs her real estate investing business!

Rita fell into real estate investing. One day, she was thinking about her retirement when she made that fateful phone call to social security. She wanted to know how much she'd be entitled to after working steadily for all of her life. The answer? A whopping $2,000 a month. She couldn't believe it. Even though she had done all the correct things, like going to college, buying a good home, and investing in her 401K, she knew she couldn't live on that. She knew she had to find some passive income.

So she jumped into real estate with both feet. She bought 21 homes in just 11 months. She's created passive income and generational wealth for her kids.

Join Whitney and Rita as they discuss using real estate as passive income, generational wealth, helping moms through real estate, and getting out of analysis paralysis on this gold nugget-filled podcast.

Rita's advice for ladies who want to get started in real estate: 

"Get plugged in. Find your local REIA and your local InvestHer group. Get around other like-minded people, that is the greatest incentive. Become self-educated. Get into Bigger Pockets. Listen to a podcast. Read some books. But get plugged in somehow and get around others that are actually doing it. Take action and never quit, and your bank account will grow."

Connect with Rita on Bigger Pockets.

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Do You Want Immediate Access to the Top, Easy-to-Implement Steps to Closing Your Very First Deal?! Go to http://getyourfirstdeal.com/ and sign up!