Today I had the pleasure of speaking with one of the most inspiring real estate investors, Maricela Soberanes. She is also a Certified Registered Nurse Anesthesiologist, a Reservist in the Naval Office, and a founder of a non-profit.

Maricela has been in the Real Estate business part-time for over 16 years. She and her husband founded Up Plex Living and manage a rental portfolio of 35 doors. Her goal is to help people to reach their financial independence and apply the concepts of living and bringing people up, uplifting, up living, and living it up!

Let’s jump right into Maricela’s inspiring life story and her passion is to teach better money behaviors to those who want to gain financial independence.

[00:01 - 04:59] Opening Segment

• Let’s bring Maricela Soberanes to the show
• Maricela tells us about her background and the beginning of her journey
• • She came to the US with nothing at 23
  • Jumped to the nursing career
  • Becoming a certified registered nurse anesthesiologist
  • Served in the US Navy
  • Went into the real estate business

[05:00 - 12:00] From Financial Survival to Financial Independence

• Maricela shares the story about her financial survival and mistakes
• • How important it is to share your mistake so others can learn
• Maricela shares some tips and the challenges in real estate
• • Find the right community to support you in real estate
  • The importance of mentorship
• Maricela talks about the importance of structuring your system
• • Learn and structure the Taxation law
  • Make the system and SOP
  • The system will allow you to be more organized and productive
• The benefits and joy of doing real estate
• • Having the options to be independent by real estate
  • Enjoying the passive income
  • Seeing the families that move in

[12:01 - 18:00 ] Up Plex Living LLC

• Maricela talks about Up Plex Living LLC and the background of her company
• • She shares the story about her experience moving from place to place when she was a kid
  • The motivation to help people in her community
  • Getting the first Property for her business
• Maricela talks about the advantages of Multi-living and multifamily real estate
• Maricela shares several strategies and the development in her company

[18:01 - 26:44 ]The Power of Network and Community

• Maricela talks about the risk in the starting
• • Make sure that the deal are makes sense
  • Prepare yourself with many pieces of information
• The importance of training your tenants or residents
• • Have some system in place to prevent unwanted issues
• The power of Networking and community in the real estate business
• • Bounce ideas
  • The platform to reach out and help some people

Tweetable Quotes:

“It is not about how much income you get, but how much choices you have.” - Maricela Soberanes

“When it comes to Multifamily, Just get to your first deal, it might not be the moneymaker, but you will get addicted to it. And once you are in it, you will just keep rolling. It will give you the lesson that you need ” - Maricela Soberanes

Resources Mentioned:

• Up Plex Living LLC
• From financial survival to financial independence

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