Wow, I'm so glad you shared that because I settled three lawsuits. You know, just in the last quarter of 2019. So it's very fresh in my mind. And actually, one lawsuit was going on for about two and a half years. Nothing major, but it was major in the sense that something happened with one of my contractors on one of my property. And I'm so glad that I have had full coverage, you know. And they said you settle the issue for almost like seven hundred some thousand dollars. And I didn't have to pay a penny.

Financial Independence through Real Estate is available to you.

Kaylee Mcmahon is proof that if you are willing to hustle, you can create financial freedom through real estate. She is based in Texas and has tried a lot of different things, learned a lot and grown an impressive portfolio in a short amount of time.

I think the BIGGEST RISK in what I do, multi-family investing, is making sure that the deal the way that you buy it. Because like honestly, the way you buy it means everything. I mean, if you don't buy it, right. Sorry, sucker. You know, whether whatever whether it's you know, you're not operating it right?

How do you start to use social media?  You start. When Matthew Laborde started in commercial real estate at nineteen years old, Matthew had sworn off social media.  Prior to 2018, he used social media to connect with others, and rally for a cause. He did not use social media for business.  If people don’t know you are in business, how are they going to find you? Your goal in the beginning is to connect with people and find the people who are your fans or potential clients.

The BIGGEST RISK, so I'm going to stay on topic for this one and I'll speak to the biggest risk for business owners and agents, right. In general, especially for the, I would say the veteran agent, the more mature agent and older agent.  

The older business owners not engaging in social media is a huge risk.  It's this wide open field that you might, as the veteran, you might have the capital to invest, to have to hire people to do this for you.

Women investing in Commercial Real Estate are rare.  Why is that?

Beth Azor, “The Canvassing Queen”,principal at Azor Advisory Services, is a rare bird in commercial real estate.  She is a full time Commercial Real Estate Broker, Developer & Investor.

I think the BIGGEST RISK is lack of knowledge. And we luckily live in a world where we can mitigate that, but that does take time and effort and work to do so. So and you don't know what you don't know. 

So when I was building my when I developed my first shopping center, I was very nervous. And I and I had one partner in that deal. And I told him, I don't know what I'm doing. He said, don't worry, you'll figure it out.

Market cycles in real estate create opportunities for investors to recognize value and make a profit when you buy.

Lee Kearney has flipped over 7,000 homes in the past decade.  In the crash of 2008, he lost everything, but at the bottom of the market he recognized the opportunity, and was able to make up for his loss.

If you're buying an asset today at market value, your BIGGEST RISK is the market risk. Is the risk of that asset going down in value? Now, if you're buying it wholesale, you don't bear the same risk. But if you're buying at a market price today in any primary market, I would say your biggest risk is that that assets gonna go down in value.

Your credit score is the measuring stick for all potential creditors to determine your ability to pay back your obligations.  Sadly, Debbie finds there are two types of borrowers. Those who are well educated about credit, with excellent credit, and those who are uneducated and have horrible credit.