With the numerous strategies to employ and resources to take advantage of, we can see that there is no one way to success. In this Action Items episode, Micy Liu discusses her practical steps in getting started with your journey in the real estate realm. It starts with identifying your vision and being mindful of the action steps along the way. Join us and listen in!

Micy Liu founded Life Mission Capital where she has established a portfolio of 155 units in less than 9 months and started a real estate investment club with more than 400 members. Micy came to the US at 16 years old by herself as an exchange student from China. She started her real estate journey in 2019. Her life was never the same when she saw the impact commercial real estate investing can have on others and herself. That is why she started Life Mission Capital where she helps busy professionals invest in cash-flowing commercial real estate so they can focus more on what matters to them. Financial literacy is her life mission. 

[00:01 – 04:40] Getting Started in the Real Estate Space Passively or Actively

• Understanding why you are investing in the first place
• Figuring out your financial freedom number
• Knowing your risk tolerance for better asset selection

[04:41 – 13:54] When You Have Made the Decision, Work on These

• Learning online and growing your network in alignment with your goals
• Avoiding the shiny object syndrome by taking actions with intention 
• The considerations between time and money when paying for a mentor

[13:55 – 15:25] Closing Segment

• Connect with Micy!

Tweetable Quotes:

“I say that real estate, in general, provides a possibility for passive income that's recession-resistant in a lot of cases.” - Micy Liu

“It'd be good [to invest] in something that you're passionate about whether active or passive. So it kind of aligns with your hobby already. So it doesn't feel like work.” - Micy Liu 

“Never learn from just one person… Know that no one is 100% right all the time. And there's so many strategies you can learn so many ways you can succeed.” - Micy Liu 

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Socials and Links

Connect with Micy on Linkedin and Facebook!

Check out Life Mission Capital on their website and book an appointment at Calendly!

Be sure to check out PassiveInvesting.com to learn how to build wealth through real estate!

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