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Two Millennials Build Their Empire Through Creative Financing

Two Millennials Build Their Empire Through Creative Financing

FromThe Real Estate InvestHER Show


Two Millennials Build Their Empire Through Creative Financing

FromThe Real Estate InvestHER Show

ratings:
Length:
43 minutes
Released:
Oct 14, 2022
Format:
Podcast episode

Description

Investing at a young age may seem challenging, but it is rewarding in the long run. By starting early, you earn compounding returns and build wealth over time. Zoe Cramer and Sasha Torchigina are two young investors who found success in real estate. They join us today to discuss how they got into investing without having a ton of capital, how they connected with sellers and utilized seller financing, and how they are making a profit with student housing. They also talk about the value of leveraging each others’ skills as partners and being persistent in pursuing their goals.Best friends since second grade, Zoe and Sasha took different career paths after college but both ended up in real estate in their own way. Now, in their mid-twenties, they have become business partners in their various real estate endeavors. Their partnership journey began a couple of years ago when they purchased their first student rental property together. They focus primarily on seller-financed buy-and-holds. They started out with student rentals, but have slowly progressed into bigger and more hands-off purchases, like multifamilies and mobile home parks. They also flip houses on occasion to acquire capital quicker to use for down payments on new buy and hold purchases. Quotes• “There's a lot of programs that are out there for first-time home buyers. So there's a lot of ways that you can get your foot in the door without having to spend a lot of money.” (8:01-8:08)• “We spent a lot of time talking sellers into financing us and just proving to them that we're worth the risk.” (11:23-11:36)• “Do not rent by the room. Rent it, price it by the room, but rent it to a group that all knows each other.” (17:55-18:01)• “Getting good people is definitely difficult. Getting a good handyman or handywoman is difficult, but once you have someone in place, it flows. As long as they don't leave, you're good.” (21:11-21:25)• “Make sure you follow the local ordinances or at least look into them. Make sure that you're not breaking any rules.” (24:30-24:43)• “We just work well together. We are able to grow and scale in a way that I don't think either of us alone could do as easily or fluidly as we've been able to do together." (32:35-32:45) Connect with Zoe and Sasha:Website: https://www.brickandivyrealty.com/ Instagram:@zoeandsashainvestTikTok: @zoeandsashainvestResource Mentioned:How to Win Friends & Influence People by Dale CarnegieMissed InvestHER CON 2022 or just want to relive the experience? Don’t worry! Get instant access to the InvestHER CON 2022 recordings and enjoy tons of transformational sessions with incredible women investors!https://www.therealestateinvesther.com/offers/PDh8G6eE/checkoutHow To Join the InvestHER Movement 1) InvestHER CON 2023Meet Us in Arizona! | InvestHER CON 2023 Early Bird Tickets are available now!The inaugural InvestHER CON was unforgettable.We saw women freely raising their hands, asking questions, and going to the mic to share their thoughts; we saw women confidently speaking with sponsors, holding intimate conversations with each other, and connecting on a deeper level with themselves.You laughed with us.You cried with us.You played in the arena with us.And most of all, you inspired us!We’re not stopping there. We’re thrilled to announce that InvestHER CON will be returning in May 2023, at a venue in sunny Arizona!Early bird tickets are available now:https://www.therealestateinvesther.com/offers/K92UxTz3/checkout2) 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  3) The Real Estate InvestHER Membership STRIV
Released:
Oct 14, 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.