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207: Working Towards Time Freedom "In the Trees" with 3 Treehouse Rentals

207: Working Towards Time Freedom "In the Trees" with 3 Treehouse Rentals

FromReal Estate Rookie


207: Working Towards Time Freedom "In the Trees" with 3 Treehouse Rentals

FromReal Estate Rookie

ratings:
Length:
68 minutes
Released:
Aug 10, 2022
Format:
Podcast episode

Description

As an entrepreneur trying to build wealth, how do you find work-life balance? How do you prioritize your family and life when you work long hours for a better future? Is the time freedom you’re ultimately working towards worth the time you have to give up presently? Amanda Salovitch, today’s guest, shares the balance she’s been able to maintain as a full-time working mom, building a short-term rental business while going from zero to six units in a year and a half. Amanda has been passionate about real estate for a while. She became a licensed real estate agent fresh out of college in 2008. Amanda worked at a brokerage with another recent high school graduate, and when she decided to pursue a career at the bank, she watched him grow his investment career. The bank required a very fast-paced lifestyle, and it wasn’t until the pandemic that she began to slow down and reassess certain aspects of her future. She started listening to the Real Estate Rookie podcast and became inspired.She purchased three long-term rentals shortly after she began listening to the podcast. She then closed on a property with three short-term treehouse rentals with various income-generating activities. While living a hectic investor life, Amanda always includes her kids as much as possible. Her ultimate goal is to have the time and freedom to live the life of her choosing with her family, and with the path she’s on, she’ll be able to achieve it soon!In This Episode We CoverGetting your real estate license and the benefits of being a licensed investorFinding your personalized work-life balance and the importance of having a strong “why”The process of qualifying for a loan and how to qualify for the financing of your choosingThe 1031 exchange explained, its benefits, and its shortcomingsHow to get your spouse on board with investing while communicating your goalsInvesting while still working your day job and how to manage your time for optimum efficiencyAnd So Much More!Links from the ShowAshley's InstagramTony's InstagramReal Estate Rookie Facebook GroupAirbnbReal Estate Rookie PodcastMLSQuickBooksApartments.comLodgifyBooking.comMileIQThe Real Estate PodcastVrboConnect with Amanda:Amanda's WebsiteAmanda's BiggerPockets ProfileAmanda's InstagramCheck out the full show notes here: https://biggerpockets.com/blog/rookie-207Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Aug 10, 2022
Format:
Podcast episode

Titles in the series (100)

Ready to build your real estate empire… but not sure where to begin?Think of us as your personal trainer.From detailed breakdowns of real-world deals… to one-on-one coaching sessions and a warm, welcoming community… hosts Ashley Kehr and Tony J Robinson bring on a wide range of guests to tackle the “newbie” questions you've wondered about but might be afraid to ask.Looking to 10X your real estate investing business this year? This show isn’t for you.Looking for your first, second, or third deal -- or envisioning a more modest portfolio? Step right up. Every Wednesday, we’ll arm you with the tips, tools, and roadmaps you'll need as you embark on your journey toward financial freedom.