What strategies enable educators to use their skills and experiences to thrive in real estate investing?

 

In this episode, Angel welcomes Morgan Gutierrez, a former educator who transitioned into real estate. Morgan emphasizes the importance of financial literacy and the challenges she faced along the way. The discussion covers the intricacies of managing real estate investments, the value of having a reliable team, and practical advice for new investors. Listeners will gain insights into the realities of real estate investing, including risk management, the importance of creative problem-solving, and the impact of community support.

 

 

[00:01 - 05:20] Welcome & Introduction

• Introduction of Morgan, a former educator turned real estate investor
• The prevalence of educators in real estate investing
• Morgan's background in residential real estate and her transition to commercial investments

 

[05:21 - 10:24] Overcoming Financial Illiteracy

• Morgan's focus on helping people avoid foreclosure through financial literacy
• The slow yet creative nature of residential real estate
• Infinite returns and building equity outside of initial investments

 

[10:25 - 15:08] First Deals and Lessons Learned

• Morgan's first real estate deal and the mistakes made
• Importance of getting the right tests done on older properties
• The need for knowledgeable and investor-friendly realtors

 

[15:09 - 20:12] Navigating Property Management

• Challenges with initial property management experiences
• The significance of finding a good property management company
• Strategies for dealing with unexpected property issues

 

[20:13 - 24:45] Knowing When to Walk Away

• Recognizing when it's time to walk away from a deal
• Creative ways to exit a problematic property investment
• The importance of maintaining a positive outlook and being adaptable

 

 

 

 

Key Quotes:

 

"The root cause of foreclosure is financial illiteracy. People don't know how to manage their finances." - Morgan Gutierrez

 

"Fear is the enemy of action. Whenever someone's afraid of something, they're not going to take action and figure it out." - Morgan Gutierrez

 

 

 

Connect with Morgan:

 

Instagram: https://www.instagram.com/morganrollinsgutierrez

 

 

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