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How This Millennial Created a Thriving Real Estate Side Hustle Through House Hacking with Kim Gillock

How This Millennial Created a Thriving Real Estate Side Hustle Through House Hacking with Kim Gillock

FromThe Real Estate InvestHER Show


How This Millennial Created a Thriving Real Estate Side Hustle Through House Hacking with Kim Gillock

FromThe Real Estate InvestHER Show

ratings:
Length:
49 minutes
Released:
Jun 21, 2019
Format:
Podcast episode

Description

It can be very overwhelming to begin investing in real estate when working a full-time job and juggling so many responsibilities. On today’s episode, we chat with Kim Gillock a buy and hold investor from Denver, CO. She got her start in “house hacking” and has never looked back. We chat about the importance of knowing your “target” customer, why it is valuable to have a full-time job, the importance of your “why,” how to successfully transition to a new area of investing, and what you should consider when scaling to multifamily. Kim Gillock is a buy-and-hold real estate investor residing in Denver, CO.  Her full-time career is as an Emergency Dept PA (Physician Assistant) since 2008.  A few years after buying her primary residence and seeing the benefit of "house hacking," she became curious about real estate as a potential investment vehicle and tried her hand at buy & hold investing (2013).  She currently holds and actively manages 3 LTR's and one medium-term rental, still "house hacks" at home and also manages her families vacation rental in Colorado and works her full-time job (every true millennial has to have a side hustle, right?).  Despite all the juggling, she just really finds RE investing SO. Fun. In her free time, she loves playing tennis, skiing, traveling and being with friends and family (preferably while doing one of the aforementioned and/or with wine).  She resides in Denver, CO. On today’s episode, we discuss a ton with Kim, including: House hacking with furnished month to month Why knowing your target “customer” is critical The value and benefits of having a full-time job The importance of the “why” behind real estate investing How to powerfully transition to a new area of real estate investing Scaling to multifamily and what you should be considering Reach out to Kim: Reach out to Kim: BiggerPockets – Kimberly Gillock Instagram – Kimmyg783 Books/Resources: Never Eat Alone by Keith Ferrazzi Seat of the Soul by Gary Zukav Raising Private Capital by Matt Faircloth Cozy.co – online applications, rental support Mint.com – way to organize all of your finances Stessa: Smarter Income & Expense Tracking for Property Owners On-line vision board  **** If interested in being ADDED to our upcoming free Partnership Webinar, email info@therealestateinvesther.comInvestHER 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! And learn about all the InvestHER Meetups across the country: https://www.meetup.com/pro/the-real-estate-investher Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvesther Please leave a comment below! 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! InvestHER Meetup Check out our local and “in person” monthly meetings! Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvesther Please leave a comment below!  

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Released:
Jun 21, 2019
Format:
Podcast episode

Titles in the series (100)

The Real Estate InvestHER Show delivers straight talk and inspiration for current and aspiring female real estate investors to live both balanced and financially free lives. Co-hosts Liz Faircloth and Andresa Guidelli bring on rockstar women investors who open up their lives and share practical tools for growing a rental portfolio, flipping houses, and developing the mindset that allows them to run successful businesses while taking care of their families and – most importantly – taking care of themselves.