Quiet Wealth

You have the power to secure the financial future you deserve. And in this episode of the Quiet Wealth podcast, we're bringing you the expertise and insights you need to make it a reality.

Host Camilla Jeffs is joined by financial planner Ruzanna Queenan to explore the best investment strategies for building wealth and stability. They dig into the benefits of diversifying your portfolio, taking care of all aspects of your financial house, and empowering women to take charge of their financial lives.

Ruzanna shares her unique approach to financial planning, with a focus on real estate investing. But this episode isn't just about numbers and spreadsheets. It's about empowering you to create a clear vision for your life, overcome the challenges of developing that vision, and take action to make your dreams a reality.

And the inspiration doesn't stop there. Ruzanna and Camilla have an exciting announcement: the upcoming launch of Q3 Wealth. This transformative membership program is designed to empower women to take control of their finances and achieve their biggest dreams.

Q3 Wealth offers a safe and empowering space for women to ask questions, receive expert guidance, and connect with a community of like-minded individuals who are committed to achieving financial freedom. This is your chance to join a movement that is changing the way women think about money, investing, and their own power to create the lives they want.

So don't wait any longer to start on your path to financial security and freedom. Tune into this episode of the Quiet Wealth podcast and get inspired to make your financial dreams a reality. Listen now and take the first step towards a brighter financial future!


Episode Timeline:

[00:00 - 08:02]

• The importance of diversifying your portfolio
• The role of women in managing their finances
• Guiding clients in investing based on their goals


[10:09 - 15:17]

•  The importance of having a clear vision for your life
•  Transitioning from corporate to owning a business
•  Building generational wealth and teaching financial responsibility


[19:34 - 23:01]

• The launch of Q3 Wealth
• The vision for the membership program
• The importance of community and support


Episode Resources

Ruzanna Queenan's Website - https://www.queenvestllc.com/about

Ruzanna Queenan on LinkedIn - https://www.linkedin.com/in/ruzannaqueenan

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Are you ready to try passive investing in real estate? Get access to my FREE Passive Investing Masterclass! 

https://steadystreaminvestments.com/masterclass/

Follow us at

https://www.facebook.com/steadystreaminvestments

https://www.instagram.com/quietwealthcommunity/

https://www.tiktok.com/@quietwealth

https://www.youtube.com/channel/UC2MFOVyPWo0XD0QVJxgDxbQ

https://www.linkedin.com/company/steady-stream-investments 

Hey there, fellow wealth builders! It's time to kick those financial goals into high gear.

In this episode of Quiet Wealth, your host Camilla Jeffs sits down with Leslie Anne Morris, better known as the Cabin Lady, to talk about the importance of building generational wealth. Leslie is gonna share her incredible journey from commercial banking to real estate investing in vacation home properties in the breathtaking Smoky Mountains.

From the appeal of vacation rentals to the smart tactics of theming a property to the absolute musts of effective management, Leslie has got some serious insight into how investing in real estate can help you build a successful business for generational wealth.

Plus, she's passionate about empowering women to get involved in real estate investing, so ladies – this one's for you!

Not only that but Leslie and Camilla chat about the personal fulfillment and unforgettable experiences that can come along with investing in vacation rentals.

Are you ready to take control of your financial future? Then check out this episode of Quiet Wealth to get the scoop on building a nest egg for yourself and future generations.

Don't wait a second longer to start your journey toward financial success. Tune in now and let's get those investments rolling!

Episode Timeline:

[02:05-08:30]

• Leslie's journey to vacation home investing
• Why vacation rentals?
• Investing beyond the traditional box

[09:35-17:04]

• The luxury of vacationing in own properties
• Theming and making cabins unique
• Pros and cons of self-management vs hiring a management company

[18:46-21:39]

• Managing an AirBnB property
• Considerations for investing in vacation rentals
• Empowering women in the industry

[28:16-31:19]

• Building generational wealth
• Services Leslie offers
• Is now a good time to invest?

Episode Resources

• Leslie Anne Morris' Website - https://leslieannemorris.com/

• Leslie Anne Morris on Instagram- https://www.instagram.com/leslie.anne.morris/

•  Leslie Anne Morris on LinkedIn - https://www.linkedin.com/in/leslieannemorris

•  Leslie Anne Morris on YouTube - https://www.youtube.com/channel/UChCb0ZdCepiVQmyU01jrNFA

•  Leslie Anne Morris on TikTok - https://www.tiktok.com/@leslieannemorris

•  Invest in the Smoky Mountains - https://www.investinthesmokymountains.com/

===

Are you ready to try passive investing in real estate? Get access to my FREE Passive Investing Masterclass! 

https://steadystreaminvestments.com/masterclass/

Follow us at

https://www.facebook.com/steadystreaminvestments

https://www.instagram.com/quietwealthcommunity/

https://www.tiktok.com/@quietwealth

https://www.youtube.com/channel/UC2MFOVyPWo0XD0QVJxgDxbQ

https://www.linkedin.com/company/steady-stream-investments 

In this episode of the podcast, join host Camilla Jeffs as she takes you on a journey through the power of reframing failure. Using the analogy of a pinata, Camilla explains that failure is not a definition, but an occurrence - one that can be an opportunity to learn, gain new insights, and become a better person.

Drawing on inspiring stories of high-performing athletes who have turned their failures into successes, Camilla sheds light on the importance of understanding that success is not always a given. She challenges the notion that novices should be held to the same standards as experts and instead encourages listeners to embrace their setbacks as a chance to grow and improve.

With a thought-provoking tone, Camilla explores how reframing failure can help you achieve your goals, overcome obstacles, and ultimately, smash your way to success. So, grab your bat and get ready to take a swing at the pinata of failure - because in this episode, you'll learn how to turn your setbacks into sweet, sweet rewards.

Episode Timeline:

[00:50 - 5:00]

• Analogy of a pinata
• The power of compounded failure
• The issue with failure and success

[5:01 -9:35]

• Why you need failure in your life
• The cost of stagnancy
• Reframing and changing one's perspective about failure

[9:36 - 12:31]

• There's no shame in being a beginner
• Adopt a beginner's mindset
• What happens if we avoid failures?

[12:32 - 18:15]

• Perfectionism is the enemy of good
• Hal Elrod's experience with failure
• Hold yourself to realistic expectations

[18:16 - 26:18]

• Instead of focusing on outcome goals, focus on process goals
• Process goals can take more time than outcome goals
• Self-compassion and empathy are the cures for beating yourself up

Episode Highlight
I want you to remember that when you fail at something, it just means you're trying. You're trying. And that is really important.  - Camilla Jeffs

===

Are you ready to try passive investing in real estate? Get access to my FREE Passive Investing Masterclass! 

https://steadystreaminvestments.com/masterclass/

Follow us at

https://www.facebook.com/steadystreaminvestments

https://www.instagram.com/quietwealthcommunity/

https://www.tiktok.com/@quietwealth

https://www.youtube.com/channel/UC2MFOVyPWo0XD0QVJxgDxbQ

https://www.linkedin.com/company/steady-stream-investments 

Hey there, have you ever wondered what the difference is between defensive and offensive wealth strategies? Well, in this episode of our podcast, Camilla Jeffs breaks it down for us.

Camilla stresses the importance of defensive strategies such as appropriate insurance, saving and investing at least 20% of gross income, minimizing taxes, and seeking wise investment advice. She advises against scaling too much too fast and stresses the importance of having a system in place to manage money, including insurance, asset protection, investing, debt management, spending, giving, and estate plans.

The key takeaway from this episode is that every investor must manage their risk well and craft a portfolio that allows them to take bigger risks without fear. So, whether you're just starting out or you're a seasoned investor, tune in to this episode to learn how to manage your wealth effectively.


Episode Timeline:

[00:52-02:48]

• Importance of defensive wealth strategies
• Examples of defensive wealth strategies
• Steps to obtain offensive wealth strategies

[09:35-10:31]

• The varying levels of risk tolerance when it comes to investing
•  Importance of building a portfolio with a firm foundation and tight risk management
• Defensive strategies are important to manage money

[11:37-19:13]

•  Scaling your portfolio is important to build real wealth, but timing is crucial
•  Scaling incrementally is okay, and leveraging other people's experience can be powerful
• Tips for building a real estate portfolio


Episode Highlight
Every investor needs to not only manage their risk well, but you need to craft the kind of portfolio that allows you to take bigger risk without fear.    - Camilla Jeffs

===


Are you ready to try passive investing in real estate? Get access to my FREE Passive Investing Masterclass!

https://steadystreaminvestments.com/masterclass/

Follow us at

https://www.facebook.com/steadystreaminvestments

https://www.instagram.com/quietwealthcommunity/

https://www.tiktok.com/@quietwealth

https://www.youtube.com/channel/UC2MFOVyPWo0XD0QVJxgDxbQ

https://www.linkedin.com/company/steady-stream-investments

===

Are you ready to try passive investing in real estate? Get access to my FREE Passive Investing Masterclass! 

https://steadystreaminvestments.com/masterclass/

Follow us at

https://www.facebook.com/steadystreaminvestments

https://www.instagram.com/quietwealthcommunity/

https://www.tiktok.com/@quietwealth

https://www.youtube.com/channel/UC2MFOVyPWo0XD0QVJxgDxbQ

https://www.linkedin.com/company/steady-stream-investments 

Are you considering investing in real estate but unsure about the best time to do so? Look no further! In this episode, Camilla Jeffs shares her expert insights on the different strategies that work best in each phase of the real estate market cycle.


Camilla explains that timing the real estate market to maximize profits is difficult, but investors can still make money in any real estate market if they have a broad understanding of different strategies. She shares her knowledge on the best time to invest in real estate and provides tips on how to do so successfully.


Camilla emphasizes that the best time to invest in real estate is now, and shares a quick tip that the number of properties available for sale usually drops in winter, creating an opportunity for motivated investors to get properties at a lower price point.


If you're interested in investing in real estate, this episode is a must-listen. Tune in to learn about the different strategies that work best in each phase of the real estate market cycle and how you can make the most out of your investment. Don't miss out on this valuable information!

Episode Timeline:

[01:10 - 06:56]

• How to build wealth in every phase of a real estate market cycle
• Understanding real estate market cycles
• How real estate prices fluctuate in a wave

[09:21 - 12:45]

• How to invest in a declining market
• Accumulating rental properties using creative financing strategies
• How to use creative financing to buy properties in a declining market

[13:53 - 19:22]
• Benefits of buying rental properties during the bottom half of a declining market
• Flipping houses in the top half of an appreciating market
• How to deal with the fear of a market correction

Episode Highlight
The best time to invest in real estate is now as long as you implement the right strategies. - Camilla Jeffs

===

Are you ready to try passive investing in real estate? Get access to my FREE Passive Investing Masterclass! 

https://steadystreaminvestments.com/masterclass/

Follow us at

https://www.facebook.com/steadystreaminvestments

https://www.instagram.com/quietwealthcommunity/

https://www.tiktok.com/@quietwealth

https://www.youtube.com/channel/UC2MFOVyPWo0XD0QVJxgDxbQ

https://www.linkedin.com/company/steady-stream-investments 

Get ready for an exciting episode of the Quiet Wealth podcast as we catch up with Camilla Jeff on how her first passive investment is currently going!

Camilla shares the details of her investment plan, setbacks, renovations, distributions, and tax advantages she is experiencing with her first passive investment in a 107-unit apartment complex in Tucson, Arizona. She invested $50,000 into the property and was not involved in the decision-making or management of the property.

Despite setbacks such as COVID-19 and sewer line issues, Camilla's investment continued to make progress with renovations, resurfacing the parking lot, and repairing the swimming pool. This episode is packed with valuable insights and lessons learned from Camilla's experience as a passive investor.

If you're interested in learning more about passive investments and want to hear about Camilla's journey, tune in to this fun episode! You won't want to miss it.

Episode Timeline

[00:56-3:50]

• Camilla's first passive investment in a 107-unit apartment complex in Arizona
• Details of the investment plan, renovations, and distributions of this passive investment

[3:51-8:40]

• COVID strikes
• Temporary closure of amenities
• Enhanced cleaning and sanitation
• Implementation of programs to help tenants pay

[8:41-11:31]

• How the 'cash-out refinance' strategy allowed Camilla to redeploy the funds in another investment
• Returns and successes of Camilla's first passive investment
• Free guide and strategy session for passive investing

Episode Highlight
 "I'm so glad that we did it because it's provided some really great returns for us and it's been a really great investment." - Camilla Jeffs

===

Are you ready to try passive investing in real estate? Get access to my FREE Passive Investing Masterclass! 

https://steadystreaminvestments.com/masterclass/

Follow us at

https://www.facebook.com/steadystreaminvestments

https://www.instagram.com/quietwealthcommunity/

https://www.tiktok.com/@quietwealth

https://www.youtube.com/channel/UC2MFOVyPWo0XD0QVJxgDxbQ

https://www.linkedin.com/company/steady-stream-investments 

On this episode of the podcast, get ready to cringe and laugh as our host Camilla Jeffs shares her top 5 biggest mistakes as an investor. From bad deals to missed opportunities, Camilla holds nothing back as she recounts her most dramatic investment fails.

But don't worry, it's not all just for entertainment. Camilla's mistakes have taught her valuable lessons that she shares with listeners on how to avoid similar pitfalls.

So, if you want to learn from Camilla's missteps and have a good chuckle along the way, tune in to this episode! Who knows, you might even find comfort in knowing that even the most seasoned investors make mistakes.

Episode Timeline:


[00:51-5:31]

• The purpose of this episode
• Mistake #1: Buying in a wrong location
• Camilla and her husband's failed fix-and-flip


[5:32-9:10]

• Mistake #2: Not paying attention to taxes
• Why real estate is a great way to save on taxes
• Ways to defer taxes

[9:11-12:45]

• Mistake #3: Buying cheap properties
• Is buying cheap properties really low risk? 
• Don't invest in cheap properties if you want higher net worth

[12:46-14:14]

• Mistake #4: Waiting to partner
• How group investing helps you invest more passively

[14:15-16:46]

• Mistake #5: Quitting
• Why Dave Ramsey's advice on debt does not work for real estate investors
• How Camilla lost a million dollars because of quitting


Episode Highlight:

"I don't want you to be so afraid of investing because you're afraid you're gonna make a mistake. I think, you just have to accept the fact that you are. You are going to make a mistake and it's gonna be okay." - Camilla Jeffs

===

Are you ready to try passive investing in real estate? Get access to my FREE Passive Investing Masterclass! 

https://steadystreaminvestments.com/masterclass/

Follow us at

https://www.facebook.com/steadystreaminvestments

https://www.instagram.com/quietwealthcommunity/

https://www.tiktok.com/@quietwealth

https://www.youtube.com/channel/UC2MFOVyPWo0XD0QVJxgDxbQ

https://www.linkedin.com/company/steady-stream-investments 

Are you tired of feeling like you have to choose between your day job and investing in real estate? Well, buckle up because, on this episode of the podcast, our host Camilla Jeffs shares four tips for investing in real estate while working a W2 job.

First up, find flexibility in your job! Camilla suggests talking to your employer about flexible hours or working from home to free up some time for real estate investing.

Next, learn time management skills! Camilla talks about one of her favorite time management techniques – the Pomodoro technique.

Thirdly, delegate! Camilla suggests outsourcing tasks – even though they cost more - to free up even more time for your W2 job and personal life.

And finally, set a start and end time for work! Camilla shares that investors in the Steady Stream Investments group have found success by setting designated times for work and real estate investing.

So, if you're ready to enjoy the benefits of real estate investing while working a W2 job and without sacrificing your precious time, tune in to this episode!

Episode Timeline:

[00:58-3:53]

• Is it possible to invest in real estate while working full-time?
• Do you want to be an active or passive investor?
• How Camilla and her husband got their start in real estate investing 

[3:54-6:45]

• Balancing a W2 job and real estate investing
• Owning a rental property can be your side hustle

[6:46-8:22]

• Tip #1: Stay flexible
• The silver-lining of the COVID pandemic
• Reasons why you need to stay flexible

[8:23-9:37]

• Tip #2: Time Management
• Pomodoro technique: Why Camilla likes this technique
• How to do the Pomodoro technique

[9:38-12:12]

• Tip #3: Delegate
• Tip #4: Set a start and end time for work
• Benefit of joining group investments

Episode Highlight:

“Most of the investors in the Steady Stream Investor crew still have their W2 job. They invest in real estate like they’ve always wanted to and they enjoy the benefits of cash flow, passive income, appreciation, equity, and tax benefits.” – Camilla Jeffs

===

Are you ready to try passive investing in real estate? Get access to my FREE Passive Investing Masterclass! 

https://steadystreaminvestments.com/masterclass/

Follow us at

https://www.facebook.com/steadystreaminvestments

https://www.instagram.com/quietwealthcommunity/

https://www.tiktok.com/@quietwealth

https://www.youtube.com/channel/UC2MFOVyPWo0XD0QVJxgDxbQ

https://www.linkedin.com/company/steady-stream-investments 

Looking to invest during a recession but not sure where to start? In this episode, we dive deep into the world of recession investing and explore whether it's a smart move to put your money in the market during tough economic times.

First, we break down what exactly a recession is and whether we should be fearful of it. Then, we share tips on how to prepare for a recession and ways to protect your finances during a downturn.

But the real question is should you invest during a recession? We discuss the pros and cons of investing in a volatile market and explore why real estate can be a great investment option during tough economic times.

 And don't worry, it's not all doom and gloom. We also highlight some of the good things that can happen during a recession, including opportunities for innovation and growth.

Tune in to this episode to learn everything you need to know about investing during a recession and how to make the most of your money during tough economic times.

Episode Timeline:

[1:03 - 4:43]

• Why we're not in a recession right now
• Recessions are a normal part of an economic cycle and investing
• Forecasting a recession is like forecasting a hurricane

[4:44 - 8:30]

• What exactly is a recession
• Three reasons why real estate is a good investment during a recession
• Real estate vs the stock market

[8:31 - 13:44]

• How real estate performed during the great recession of '08
• Pros and cons of investing during a recession
• Camilla's two suggestions for making a good real estate investment

 [13:45 - 18:48]

• Industries that do well during a recession
• Good things that happen during a recession
• What will happen if the economy never slowed?

Episode Highlight

"Over the past 75 years, we have had 11 recessions. So, that's an average of one in about 7 years. We never truly know what direction the economy is heading, but we can figure out a little bit and hedge our bets for better or worse depending on the quality of our decsion-making." - Camilla Jeffs

===

Are you ready to try passive investing in real estate? Get access to my FREE Passive Investing Masterclass! 

https://steadystreaminvestments.com/masterclass/

Follow us at

https://www.facebook.com/steadystreaminvestments

https://www.instagram.com/quietwealthcommunity/

https://www.tiktok.com/@quietwealth

https://www.youtube.com/channel/UC2MFOVyPWo0XD0QVJxgDxbQ

https://www.linkedin.com/company/steady-stream-investments 

Get ready for this exciting episode of the Quiet Wealth podcast!

Host Camilla Jeffs sits down with the amazing Nicole Pendergrass, real estate investor extraordinaire and podcast host, to talk all about building generational wealth through real estate investing.

Nicole shares her inspiring journey, starting with no money or credit and overcoming setbacks in her early deals. They dive deep into investing, building a business, and passing on wealth strategies to the next generation. You'll learn about the importance of having multiple income streams, starting small, and finding a mentor.

Don't miss out on the actionable advice they share to help you kickstart your own wealth-building journey! Tune in now!

Episode Timeline:

[00:18 - 07:04]

• Introduction to Quiet Wealth Podcast
• Nicole Pendergrass' real estate journey
• Learning from real estate failures


[08:44 - 14:26]

• Why starting small works
• What is the rolling capital strategy
• Why house hacking is a great way to start your real estate journey

[16:29 - 23:57]

• Two types of businesses you can build around real estate
• What is generational wealth?
• Generational wealth is not just about the money

[24:42 - 32:04]

• How to build generational wealth
• Teaching your children about money
• Mentorship and wealth building

[33:28 - 36:17]

• Finding a mentor
• Volunteering to learn
• Real estate investors are generous


Episode Resources:

Connect with Nicole on LinkedIn
Connect with Nicole on Instagram
Share the Wealth Show
Noirvest Holdings


Episode Highlight:


"If there comes a time when your job no longer loves you, what do you do if you're not prepared? Will you have income from another source that can help supplement your W2 income? Having a job is just one stream of income, and that is not enough to give you the safety that you need." - Nicole Pendergrass

===

Are you ready to try passive investing in real estate? Get access to my FREE Passive Investing Masterclass! 

https://steadystreaminvestments.com/masterclass/

Follow us at

https://www.facebook.com/steadystreaminvestments

https://www.instagram.com/quietwealthcommunity/

https://www.tiktok.com/@quietwealth

https://www.youtube.com/channel/UC2MFOVyPWo0XD0QVJxgDxbQ

https://www.linkedin.com/company/steady-stream-investments