The Lifestyles Unlimited Real Estate Investor Radio Show

From 30 Years in Retail to Multi-State Real Estate Investing


Listen Later

"I retired a year and a half after we joined Lifestyles. I've been in retail over 30 years and just amazing freedom and just learning and diving into this part of our life has helped us be so much more secure in everything we do." - Sheryl

 

Andy Webb broadcasts from the Chihuahuan Desert while interviewing Sheryl, a former retail manager who left corporate life after 30 years by building a real estate portfolio. After her husband consistently listened to Del Walmsley's radio show during COVID, they attended the two-day seminar and transformed their approach to wealth building.

 

Sheryl's journey demonstrates the power of focus and following proven systems. Her first major success came from a Tucson duplex - a 3-2 and 2-2 unit combination that generated significant monthly cash flow. When market conditions favored sellers, she strategically sold using a 1031 exchange. Her most recent acquisition in Tennessee required minimal out-of-pocket investment and was completed quickly despite weather challenges.

 

What You'll Discover

• Why duplex investments can deliver superior cash flow compared to single-family properties in the right markets

- How hard money loans followed by DSCR refinancing can minimize out-of-pocket costs for distressed properties

- The exact process for buying and renovating rental properties across multiple states without visiting them

 

Key Timestamps

02:30 The COVID Radio Discovery - How consistent listening to Del Walmsley's show led to attending the life-changing two-day seminar

10:00 Duplex Investment Strategy - Real-world cash flow analysis from duplex investment in Tucson

15:40 Strategic 1031 Exchange - Why market timing led to selling the cash-flowing duplex and reinvesting the proceeds

23:40 Remote Tennessee Investment - Managing a minimal out-of-pocket investment from Oregon with quick completion

28:00 Hard Money Strategy - Using hard money for purchase and renovation, then refinancing to DSCR loan

 

FAQs

How do you manage rental properties in different states without visiting them?

Use platforms like apartments.com for tenant screening and rent collection, build teams of contractors and agents in each market, and rely on photos and videos for property oversight. Sheryl has never seen her Tennessee property in person but maintains a waitlist of qualified tenants.

 

What financing strategy works best for distressed properties?

Hard money loans provide the cash needed for quick purchases and renovations, then refinance into long-term DSCR loans once work is complete. This allows you to compete with cash buyers while minimizing long-term carrying costs.

 

What are the differences between duplex and single-family investing?

Duplexes require higher upfront costs but can offer multiple income streams from one property. Sheryl shares her experience with duplex cash flow compared to single-family properties and explains the management considerations for multi-unit properties.

 

Ready? Follow the Roadmap Today

Learn Why Traditional Retirement is Broken and How to Make Money 5-6 Ways in Real Estate FREE workshop reveals what actually works instead of failed 401k strategies.

Join FREE Live Case Studies - Meet real investors and see their actual numbers. Connect with like-minded people and make new friends who are building wealth through real estate.

What if You Could Stop Guessing and Learn from Real Investors? Get proven strategies from people who actually own properties and have thrived through three recessions. Complete education, supportive community, and mentors who've been building wealth for over 30 years with real results.

 

Connect With Us

Facebook | YouTube | Instagram | LinkedIn | TikTok

 

The information and opinions on the Lifestyles Unlimited Real Estate Investor Radio Show are for entertainment purposes only and do not constitute investment advice. Please consult a professional regarding your personal investment needs.

...more
View all episodesView all episodes
Download on the App Store

The Lifestyles Unlimited Real Estate Investor Radio ShowBy Lifestyles Unlimited®

  • 4.5
  • 4.5
  • 4.5
  • 4.5
  • 4.5

4.5

59 ratings


More shows like The Lifestyles Unlimited Real Estate Investor Radio Show

View all
The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action by The Real Estate Guys

The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action

707 Listeners

Learn Real Estate Investing | Lifestyles Unlimited by Professional Real Estate Investors

Learn Real Estate Investing | Lifestyles Unlimited

168 Listeners

BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,781 Listeners

Rental Income Podcast With Dan Lane by Rental Income Podcast

Rental Income Podcast With Dan Lane

831 Listeners

Passive Real Estate Investing by Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Passive Real Estate Investing

980 Listeners

The Way I Heard It with Mike Rowe by The Way I Heard It with Mike Rowe

The Way I Heard It with Mike Rowe

41,036 Listeners

Tax Smart Real Estate Investors Podcast by Hall CPA

Tax Smart Real Estate Investors Podcast

412 Listeners

The WealthAbility Show with Tom Wheelwright, CPA by The Rich Dad Media Network

The WealthAbility Show with Tom Wheelwright, CPA

519 Listeners

Real Estate Investing with Coach Carson by Chad Coach Carson

Real Estate Investing with Coach Carson

605 Listeners

One Rental At A Time by Michael Zuber

One Rental At A Time

143 Listeners

Ken McElroy Show by Ken McElroy

Ken McElroy Show

719 Listeners

Real Estate Rookie by BiggerPockets

Real Estate Rookie

1,836 Listeners

The Megyn Kelly Show by SiriusXM

The Megyn Kelly Show

38,897 Listeners

On The Market by BiggerPockets

On The Market

904 Listeners

The Del Walmsley Radio Show by Del Walmsley

The Del Walmsley Radio Show

6 Listeners