She-Vestor: Building My Real Estate Empire
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About this ebook
HOW YOU START IS NEVER HOW YOU FINISH- SHE-VESTOR™
Imagine starting a new adventure in the midst of a worldwide pandemic. Job loss is at an all-time high. Hospitals are filled to capacity. The year is 2020 and is deemed one of the worst financial times in the 21st century. This book takes you through this tumultuous year and shows you how SHE-VESTOR™ ended it on a high note fiscally. By reading this book you will learn basic principles to create economic success regardless of your financial situation. With our step by step guide, SHE-VESTOR™ will show you how in 4 months time you can make the equivalent of a $90,000 annual salary by flipping houses. Best of all this is achieved with very little effort on your part. Get ready for a life changing experience.
Stephanie J Ford
A native of Birmingham, AL, Stephanie graduated from Hueytown High School at the top of her class. After graduation, she attended The University of Alabama at Birmingham where she obtained a Bachelor’s of Science Degree in Electrical and Computer Engineering. Stephanie worked in this field for four and a half years until she decided to make a change and enter the real estate world. Throughout her real estate career, she won various awards, always excelling in everything that she did. When she entered real estate, she had a plan to become bigger and better; however she never knew what that would entail. She took her real estate license and transformed it into an empire with a real estate brokerage (Extreme Agent Inc™) and a renovation and property management company (Syntreme Inc). Stephanie is a licensed Home Builder in the State of Alabama and licensed Real Estate Broker in Alabama and Georgia. Stephanie, now a real estate veteran with 18 years’ experience is passing on her knowledge of real estate to you.
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She-Vestor - Stephanie J Ford
Copyright © 2021 Stephanie J. Ford.
All rights reserved. This book is protected by copyright. No part of this book may be reproduced or transmitted in any form or by any means, including as photocopies or scanned-in or other electronic copies, or utilized by any information storage and retrieval system without written permission from the copyright owner.
Printed in the United States of America.
Preface
Life is about taking chances. If we always do what we have always done, we will get what we have already become.
Every day, wake up and strive to be the best you that you can be. Learn to never give up and to keep your eye on the prize.
There aren’t any failures in life, just opportunities to improve yourself before the next journey. Successful people live life on purpose and have usually failed several times before they made their first million.
Keep a winning attitude.
YOU WILL ALWAYS BE A WINNER!
Dedicated to my parents. She-Vestor would not exist without them
Contents
Definition of She-Vestor™
Welcome to the Boys’ Club
Fail First, Then Try Again
Case Study 1
Case Study 2
Case Study 3
Motivation
Why Invest in Real Estate?
Take Off Running
Getting Started
Implementation Time
1. Set Your Budget
2. Define Your Area
3. Decide On Your Search Criteria
4. Campaign Type
5. Other Methods of Advertising
6. Determine Your System
7. Take Notes and Smile When Speaking
8. Follow Up
Fix and Flip vs Buy and Hold
Fix and Flip
Buy and Hold
Cash, Finance or Private Money Funds
Cash
Financing
Private Money Funds
Finding the Right Team
Realtor
Contractors
Property Management Company
$1 Million Payday
The Road Ahead
Conclusion
About the Author
She-Vestor™
A female investor who puts money into financial plans, stocks, property, etc with the expectation of achieving a profit
Welcome to the Boys’ Club: A She-Vestor™ is Born
Let me be the first to say that breaking into this field definitely wasn’t easy. For years, I was seen as the typical woman who probably didn’t know anything about investing. However, I graduated at the top of my class in high school with a 3.7 GPA and got a degree in Electrical and Computer Engineering, so I’m definitely not your average woman.
My real estate career has allowed me to learn a lot from my male investors. While showing investment properties, my male investors taught me the tricks of the trade
so to speak. After spending time with them, I was able to estimate how much renovation costs a house would take; what deficiencies were present; how to estimate the types and costs of materials needed and how to negotiate with subcontractors. So, they let me in on the boys’ club, not realizing that one day I would join them. This knowledge has been a highly valuable tool to have. It has helped me in negotiations with sellers when making offers and knowing when to walk away. I am not emotionally tied to any property. They are all just transactions. If the numbers don’t work, then they just don’t work.
Often, when I go view a property and I meet a potential seller, they ask me where my husband is. I laugh and say I’m not married. Then they look surprised. After I view the property, I let them know that I will get back to them after I consult with my partner
. Even though I have the final say in any acquisition, I often times will consult with my foreman and property manager on some property purchases. Then I will do a second inspection with them present, just to make sure that I didn’t miss anything the first time around. You will find out that a lot of time you do.
This boys’ club has its advantages and disadvantages. At Lowes I get preferred treatment when I walk in the door. Maybe it’s because they know I’m coming to spend a lot of