This week I’m so excited to bring you Grace and Amelia to share their real estate investing stories. Amelia and Grace host the Women Invest in Real Estate (WIIRE) community where they support female business women in their investment journeys. Key Takeaways:

• Amelia flipped her first house with her parents in 2019 and loved it. She wanted to keep going to replace her full time income with passive real estate investing.
• Grace’s boyfriend flipped his first house when they were still in college and she caught the investing bug.
• They recommend the BRRRR (Buy, rehab, rent, refinance, repeat) method to get started. With 20% down you can purchase your first property and use the proceeds to fund your next project.
• Their portfolio includes 50 doors of long term, short term, and mid term rentals.
• They love mid-term rentals that offer the higher income of short term without the hard work of quick turnaround. These properties are great for traveling nurses, trades, and business people.
• They say to avoid analysis paralysis, “research enough to be dangerous” but then get started! You will learn more in your first project than you ever could in a book!
• If you’re not a handy person, get a property that needs only cosmetic work. Overestimate costs, especially with your first project, by as much as 20%.
• How to find properties in this crazy market? Grace and Amelia find properties through social media, Craigslist, and advertisements. Grace offers a $1000 lead to people who refer a property that leads to a sale.
• They say to keep good books. Real estate is a numbers game. It’s okay to love it, but it is important to get down to the numbers of: Is this a good investment? Yes or no.
• Both are passionate about personal finance and say to manage your own money first.
• They struggle to give quick tips or basic ideas because they learn something new every day! It is a tough industry, but very rewarding. “If It were easy, everyone would do it, and there wouldn’t be money to be made in real estate!”
• To attract good tenants they provide good properties. They train them to act how they work. For example, keeping boundaries on when to return a call.
• They recommend the Bigger Pockets podcasts and books for all things real estate and like Jenna Kutcher’s work too.
• Grace and Amelia have their own podcast too! Women Invest in Real Estate

Connect with Grace on Instagram at grace.investing and Amelia at ameliajorei The WIIRE community is on Instagram at wire.community This week I’m so excited to bring you Grace and Amelia to share their real estate investing stories. Amelia and Grace host the Women Invest in Real Estate (WIIRE) community where they support female business women in their investment journeys. Key Takeaways:

• Amelia flipped her first house with her parents in 2019 and loved it. She wanted to keep going to replace her full time income with passive real estate investing.
• Grace’s boyfriend flipped his first house when they were still in college and she caught the investing bug.
• They recommend the BRRRR (Buy, rehab, rent, refinance, repeat) method to get started. With 20% down you can purchase your first property and use the proceeds to fund your next project.
• Their portfolio includes 50 doors of long term, short term, and mid term rentals.
• They love mid-term rentals that offer the higher income of short term without the hard work of quick turnaround. These properties are great for traveling nurses, trades, and business people.
• They say to avoid analysis paralysis, “research enough to be dangerous” but then get started! You will learn more in your first project than you ever could in a book!
• If you’re not a handy person, get a property that needs only cosmetic work. Overestimate costs, especially with your first project, by as much as 20%.
• How to find properties in this crazy market? Grace and Amelia find properties through social media, Craigslist, and advertisements. Grace offers a $1000 lead to people who refer a property that leads to a sale.
• They say to keep good books. Real estate is a numbers game. It’s okay to love it, but it is important to get down to the numbers of: Is this a good investment? Yes or no.
• Both are passionate about personal finance and say to manage your own money first.
• They struggle to give quick tips or basic ideas because they learn something new every day! It is a tough industry, but very rewarding. “If It were easy, everyone would do it, and there wouldn’t be money to be made in real estate!”
• To attract good tenants they provide good properties. They train them to act how they work. For example, keeping boundaries on when to return a call.
• They recommend the Bigger Pockets podcasts and books for all things real estate and like Jenna Kutcher’s work too.
• Grace and Amelia have their own podcast too! Women Invest in Real Estate

Connect with Grace on Instagram at grace.investing and Amelia at ameliajorei The WIIRE community is on Instagram at wire.community