She Buys It

YAYY!!!!! I absolutely LOVED talking to Taylor about $32,000 deal!!!! Did I mention this was her first deal with me coaching her?!? WOW! If you want to learn more about her deal and how to find the right mentor for you, you HAVE to listen!

If you are ready to get your first deal done FAST click this link and get started!! https://firstdealdonefast.com

Are you curious to see if your investment will grow into a legacy for your family? If so, this is a must to listen to! Elizabeth talks about her family's legacy and how it got to be where it is today!

Are you ready to make your first deal done fast? Go to https://firstdealdonefast.com/ To get started!!

Annie talks about her first deal by herself and the first deal with her partner.....WOW! You gotta listen to this! 

Are you ready to get your first deal done fast and put these great tips to use? Go to https://firstdealdonefast.com/ to get started!

Whitney  talks to Heather O'Brien today on the She Buys It Podcast. Heather went  from a 9-9 corporate job to starting her own business and flipping 29  houses a MONTH.

Heather fell into real estate investing with the help of her friends.  She bought a 3-bedroom townhouse for $450,000. She was single and  rented out a room through Craigslist.

She read a book called Loopholes of the Rich and decided to quit her  job. She started her business and used her other bedroom as an office,  though she was gone a lot for her work. A friend of hers who she had  lectured about finances called her up and asked if she could rent the  room from her. Heather moved her office to her master bedroom and her  friend moved in.

Heather ended up taking a client to the Netherlands. Since she wasn't  living at her house, another friend called and asked her if he could  rent her master bedroom. She agreed and he moved in.

She moved to Scotland to work with a client, met her husband in New  Orleans, and moved to Chicago for her next client. She found out that  the houses were so much cheaper to buy and could be rented for a fair  amount. In Charlotte, NC, she bought two houses and found a property  management company to manage them.

Listen in as Whitney and Heather discuss moving to Puerto Rico,  investing in houses and hotels, and designing and implementing your  perfect day.

You can connect with Heather at Lifestyle Workweek.

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Do You Want Immediate Access to the Top, Easy-to-Implement Steps to Closing Your Very First Deal?! Go to http://getyourfirstdeal.com/ and sign up!

It's so important to celebrate your wins. Especially in this hard time, it's so important to celebrate what you've done. Don't be down on yourself. Build up your confidence by doing what you're good at.

Listen to Whitney's message to lady real estate investors and everyone else.

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Do You Want Immediate Access to the Top, Easy-to-Implement Steps to Closing Your Very First Deal?! Go to http://getyourfirstdeal.com/ and sign up!

Listen in today as Irene Day joins Whitney on the She Buys It podcast. Irene is a real estate investor who's passion is in credit repair. Listen in today to learn how she bought her uncle's house and help her dad out at the same time.

Irene inherited her first house from her grandfather. She had rented her entire life and struggled with taking responsibility for the house at first. When she decided to move into the house instead of continuing to rent, her mindset shifted. She figured that if she's taking out the trash, it might as well be in a house she owned. The house was free and clear, so all she had to do was pay the property taxes and house insurance.

Her second deal was actually on the house her dad lives in. Her uncle lives down south and was renting the house to her dad. He got tired of owning the house so he said to her, "Irene, if you just pay the back taxes on the house, it's yours." So she paid $40,000 in back taxes on the $85,000 house, and he signed the house over to her. Buying the house was a no-brainer. 

Irene's other business is Hannah Financial, a financial service that offers credit repair, tax preparation, and student loan services. When her grandfather passed away, in addition to the house, he left Irene $50,000. She had bad credit and had some debts to pay, so she did. She paid off $30,000 worth of debt and her credit score only rose 12 points. She didn't understand what happened. She checked into credit repair, but they didn't seem legitimate. So she figured it out for herself. She researched credit repair, credit scoring, and credit laws. In 2016 she started helping friends, family, and coworkers. In 2017, she applied to an internal job listing at her job. It fell through and she quit her job to start Hannah Financial. She's been a full-time business owner for the past 13 years, and she has recently opened up Hannah Financial University, a digital school with monthly tuition to help business owners and people alike with their financial life. 

Listen in to the rest of this edition of the She Buys It Podcast as Whitney and Irene talk about the people you allow in your mental space, woman real estate investor problems, and credit repair.

If a woman is wanting to get started in real estate, Irene offers the following advice:

"Get your credit together. There are so many ways to get started other than just having $5,000 sitting willy nilly in your savings account. Ask yourself 'What do I need to fix with me to be in a position to do what I want to do?' Many times we don't want to have those real conversations with ourselves."

You can find Irene at https://hannahfinancial.com/or on Instagram @creditqueenirene or @hannahfinancial.

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Do You Want Immediate Access to the Top, Easy-to-Implement Steps to Closing Your Very First Deal?! Go to http://getyourfirstdeal.com/ and sign up!

You need real estate friends. We need to stand up as women and help each other. We need to make friends with our tribe and lift them up so we can all live our best life. You need friends to encourage you and so you can encourage them.

You need to talk to people when you invest in real estate. These people could be your sellers, buyers, contractors, private money lenders, attorneys, and accountants. Talk to people so you can find sellers especially. Let people know you buy houses and that you help people.

Whether you're just getting started or you are a seasoned investor, you need to find real estate friends. 

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Do You Want Immediate Access to the Top, Easy-to-Implement Steps to Closing Your Very First Deal?! Go to http://getyourfirstdeal.com/ and sign up!

This week on the She Buys It Podcast, Whitney sits down with Jennifer Peek. Jennifer started with apartments and is now working on 1031 Exchanges and a Delaware Investment Trust.

Jennifer has been investing for 12 years. It all started with Jennifer and her husband looking at duplexes and single-family homes while they worked for corporate America. Their next-door neighbor who was a real estate attorney and had done a lot of development said, "What do you think about commercial properties?" This led them down a path into looking at apartment buildings. 

Their first apartment buildings were red brick boxes that were 100 years old and had 12 units in them. They bought the first one and closed on the second one 3 months later.

Why did they decide to get into real estate? Jennifer and her husband decided that they needed to diversify their investments. They wanted to make it into an income stream for the future so they could retire comfortably. Their goal was to start this process while they still had their corporate jobs so if they messed it up that they would still have their paycheck to fall back on. 

Listen in to the rest of this week's edition of the She Buys It Podcast to hear Whitney and Jennifer talk about staying in real estate when it gets tough, the flexibility of real estate investing, getting into real estate with your partner, and 1031 Exchanges and Delaware Investment Trusts.

Jennifer Peek's advice to you? "The timing will never be perfect. Start now."

Connect with Jennifer at https://peekadvisory.com/ or on LinkedIn. 

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Do You Want Immediate Access to the Top, Easy-to-Implement Steps to Closing Your Very First Deal?! Go to http://getyourfirstdeal.com/ and sign up!

Question: "My question is about 1031 exchange. How do I keep my depreciation going?"

A 1031 exchange is basically where you defer your taxes. A lot of people advertise it as tax-free, but it isn't. You still have to pay your taxes. A 1031 exchange says you don't have to pay them now, but instead, you can pay them later. 

Let's say you bought a house and flipped it. You sold it and made $100,000. You can either pay the taxes on this $100,000 or you can say you're going to do a 1031 exchange. Therefore, you roll those proceeds into your next property.

To do this you have outline three properties in your contract and close on them in 90-180 days. You already have to have three properties dedicated to this before you do a 1031 exchange. If you don't close on one of them, you lose your 1031 exchange abilities. 

You defer the taxes of your $100,000 onto one of the three properties that you outlined. 

Listen to the She Buys It Podcast as Whitney explains a 1031 exchange in more detail and lets you know what to watch out for.

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Do You Want Immediate Access to the Top, Easy-to-Implement Steps to Closing Your Very First Deal?! Go to http://getyourfirstdeal.com/ and sign up!

Storage Units, Real Estate, and Time Management with Rebecca Del Pozo

Today on the She Buys It Podcast, Whitney sits down with Rebecca Del Pozo. Rebecca started as a real estate agent. She's now an author of two books on real wealth, a real estate investor, and she trains people all over the world on how they can double their income and their business.

Rebecca got started in real estate as a real estate agent. She and her husband saved up the money and were getting ready to make the leap when they came down with "analysis paralysis." They ended up partnering with someone who had several investment properties and he kept an eye out for properties for her. He was an actual agent and she hired him, saying, "I don't want to do my own deal. I'm going to hire you to represent me through this process because I know what kind of buyer I could potentially be." 

Together, they wrote a backup offer on a duplex that was already pending. The first offer fell through and they were able to swoop in. It was like a heavenly sign from God himself. The appraisal came in and it was worth $50,000 over the price they bought it at. Instant equity! It felt like a green light that they were headed in the right direction.

Why did she hire a professional? Rebecca had several other businesses she was juggling, so she knew it was important to hire a professional to get the job done. 

Join Whitney and Rebecca as they talk about storage units, how to handle your real estate investing as a business, moms supporting each other in real estate, and time management.

Rebecca's advice for ladies who want to get started in real estate: 

"Don't wait. Many times our brain goes to the 'How am I going to do this?' That's not the question to be asking. The question to be asking is who. Who has already done this? Who can I sit next to, who can I sit under, who can I collaborate with, who's podcast can I listen to, who's group can I join? Who is doing what I want to do? After you ask this, go and listen to them, be learning-based, and take notes. Then take action and that's who you'll become."

Connect with Rebecca in her Facebook group, Millionaire Real Estate Moms or on her website, https://realcareersworldwide.com/.

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Do You Want Immediate Access to the Top, Easy-to-Implement Steps to Closing Your Very First Deal?! Go to http://getyourfirstdeal.com/ and sign up!