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Where to invest if you have $100k (Minisode)

Where to invest if you have $100k (Minisode)

FromThe Real Estate InvestHER Show


Where to invest if you have $100k (Minisode)

FromThe Real Estate InvestHER Show

ratings:
Length:
15 minutes
Released:
May 17, 2022
Format:
Podcast episode

Description

$100,000 for a lot of people is not that much. But for others, it’s all they have. Regardless of how much it is for you, there are always better ways to spend any amount of money.In this minisode, Liz and Andresa give their take on the question “What would I do with a $100,000?” They emphasize that there is a process behind making any decision and that you cannot just rely on gut instinct or intuition. Rather, you need to have a plan. There are also no guarantees in investing. Losing money is always a possibility and it’s important to have conversations with the people involved to manage any potential risks.Listen to the conversation and come up with your own answer, too!Quotes• “The key there, is if you start to evaluate, do you have a lot of time that might make sense if you want to be more active in this business? You want to go look for the property, you want to manage the project, etcetera. If you don't have a lot of time and time is not on your side, then maybe passive investing or partnering with someone might be a better option for you.” (3:18-3:38)• “There's knowing that not just, you know, the type of money, obviously, the 100 grand, but what do you want to have done with that money? Not just the investment, but the return." (5:45-5:54) • "Treat your local investments as if it is out of state. Don't want to create another job for yourself? So who do you need on your team? What process can you put in place? It doesn't matter if it is local or out of state. The process and systems are the same with the goal that you are not in it." (7:17-7:42)• “We try not to do everything ourselves. We can't have buildings in other states now and do everything ourselves. But had we gotten that lesson maybe a little sooner, maybe we would have expanded a little sooner.” (8:11-8:18)• “If you want to invest, think about what happens if you lose it all? Can you live with it? Can you continue building it?” (9:46-9:55)• “What's the best-case scenario? And we always want to encourage you to talk like that. Don't just talk about the worst-case scenario, that's not the fun part. But you need to talk about it, need to be very real and authentic about it.” (10:55-11:03)InvestHER CON Time: June 23-24 Place: Charlotte, NCInvestHER CON is a full circle transformational experience created with the women investors’ needs, desires, and schedules in mind. The event brings top-notch experts in Real Estate Investing, Business Strategies, and Self-Care who will push the boundaries, expand the mindset, and promote deeper connections among the attendees. Learn from real teachers who will share actionable strategies so you can leave the event with the knowledge, connections, and confidence to grow your investing business and live life on your own terms.Get your ticket today: https://www.therealestateinvesther.com/investherconHow To Join the InvestHER Movement 1) The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses, and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves. Subscribe via:Apple Itunes SpotifyAmazon MusicAndroid  Stitcher  2) The Real Estate InvestHER Membership STRIVE is a one-of-a-kind membership for experienced women investors looking to make deeper connections and take their Real Estate business to the next level. It is more than a transactional membership, and it is a transformational experience for women looking to live life on their own terms.Apply today. We open doors in June. https://www.therealestateinvesther.com/reserve 3) InvestHER Community on Facebook We have thousands of members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to ac
Released:
May 17, 2022
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.