The Wealth Blueprint: Financial Freedom Through Real Estate

How do you level up your investments with the right type of financing? This was the question Tiffany asked of herself as she came to terms with the Open Spaces program and applying the BRRRR strategy.

!!!!! FREE 5-Day Real Estate Investor Accelerator - https://www.openspaceswomen.com/5day 

Tiffany lives in Washington State and is a bank manager by day. She comes from a family background in real estate, and in fact, real estate has always been her passion. 

But it took the Open Spaces program and a welcoming community to whom she was then accountable to fully commit and put in an offer on her first property in Philadelphia.

In today's episode, Tiffany is sharing a nifty trick on how she got a listing agent to take her seriously, how she got her rehab underway by finding the right contractor, and the value of investing in yourself and investing in your future. 

As Tiffany puts it, "Before the program, I was scared. And now I'm excited!" 

These Sensei Sessions are a wonderful opportunity for first-time investors and people new to the BRRRR strategy to learn all they can about the empowering world of owning your own property. Please join us!

"To be able to see Palak's story (as a mother in real estate) and what got her motivated to take her journey in that direction was inspiring for me and made me want to do what we're doing even more." ~ Tiffany

In This Episode:

• 02:37 How did Tiffany settle on the right Philadelphia neighborhood?
• 03:51 Overcoming Analysis Paralysis and pulling the trigger on a property!
• 06:07 TIP: Set up a Google Domain to be taken more seriously by the listing agent
• 09:14 How did Tiffany find her contractors and other BRRRR team members?
• 12:41 What has the Open Spaces program taught Tiffany?
• 14:30 What are some of the challenges and surprises Tiffany has had to deal with?
• 19:15 How has Tiffany been able to work with an East Coast contractor?
• 22:05 How does Tiffany see the BRRRR strategy help her accrue generational wealth?

Resources:

Get a copy of Accelerate Your Real Estate - https://www.openspaceswomen.com/book 

FREE 5-Day Real Estate Investor Accelerator - https://www.openspaceswomen.com/5day 

Connect with Palak and Niti

• Website: https://www.openspaceswomen.com/
• Instagram: https://www.instagram.com/openspaceswomen/
• Facebook: https://www.facebook.com/openspaceswomen
• Twitter: https://twitter.com/openspaceswomen
• LinkedIn: https://www.linkedin.com/company/openspacescapital/
• YouTube: https://youtube.com/@openspaces1251
• TikTok: https://www.tiktok.com/@openspacesacademy

What cycle are you in? What debt is best suited for your real estate deal? What is your exit strategy? 

These are just a few of the questions that Gino Barbaro is getting us to think about as he shares the secrets of his success with Palak and Niti in this impactful and inspiring episode of The Wealth Blueprint that will surely get you thinking of ways in which you can up your real estate game!

!!!!! FREE 5-Day Real Estate Investor Accelerator - https://www.openspaceswomen.com/5day 

Success comes from living in alignment with your values. And to do this, you need to articulate your values. From there, you can make smart decisions once you have these guiding principles in place.

Gino is a multifamily real estate investor and educator and is one half of 'Jake & Gino,' the thriving real estate investment business that continues to grow in size and profitability. As an entrepreneur, he has grown his real estate portfolio to over 2,120 multifamily units & $280,000,000 in Assets under management. 

Gino and his partner, Jake, are teaching others how to do the same through Jake &​ Gino, the premier multifamily real estate education community. Their students have closed over 71,000 units and have $4 Billion in Deal volume!

For Gino, a former pizza restaurant owner, he's learned that his secret sauce involves buying right, financing right, and managing right. Learn about Gino's three-step framework for real estate investment, and his three key pillars of market cycle, debt, and exit strategy. 

 "Very soon, this market cycle is going to shift into what we saw back in '08, '09. Some similarities, some differences – but we're going to be going back into a buyers market cycle." ~ Gino Barbaro

In This Episode:

• 01:37 What was Gino's 'lightbulb moment' when it came to real estate investment?
• 05:45 How do you drown out the noise to focus on market opportunity? 
• 10:20 Unpacking the feeling of accomplishment as a trauma response 
• 12:27 What are the three key pillars of real estate?
• 17:40 What does values-based decision-making mean?
• 24:40 The secret of understanding real estate as building a business
• 31:00 Learning not to take advice from people who haven't done it themselves
• 33:25 Are your 'baby money soldiers' working for you? 

Resources:

Get a copy of Accelerate Your Real Estate - https://www.openspaceswomen.com/book 

FREE 5-Day Real Estate Investor Accelerator - https://www.openspaceswomen.com/5day 

Book Recommendations:

The Psychology of Money - The Psychology of Money: Timeless lessons on wealth, greed, and happiness: Housel, Morgan: 9780857197689: Amazon.com

The Seven Habits of Highly Effective People - Amazon.com: The 7 Habits of Highly Effective People: 15th Anniversary Infographics Edition eBook: Covey, Stephen R.: Kindle Store

Think and Grow Rich - The Landmark Bestseller Now Revised and Updated for the 21st Century (Think and Grow Rich Series)

Connect with Gino Barbaro

• Website - https://jakeandgino.com/
• LinkedIn - Gino Barbaro | LinkedIn

Connect with Palak and Niti

• Website: https://www.openspaceswomen.com/
• Instagram: https://www.instagram.com/openspaceswomen/
• Facebook: https://www.facebook.com/openspaceswomen
• Twitter: https://twitter.com/openspaceswomen
• LinkedIn: https://www.linkedin.com/company/openspacescapital/
• YouTube: https://youtube.com/@openspaces1251
• TikTok: https://www.tiktok.com/@openspacesacademy

How do you know if you have enough money for your first deal? And what about the deal after that? Depending on your current financial situation, there are certain steps that you can take towards securing your next deal.

!!!!! FREE 5-Day Real Estate Investor Accelerator - https://www.openspaceswomen.com/5day 

ln today's episode of The Wealth Blueprint, Palak and Niti are back as co-hosts, sharing their advice and insights on how much money is 'enough' when it comes to that next investment.

Are you just starting out in your career? Perhaps you have a lot of credit card debt or are paying off a student loan. Are you in a stable job, able to afford an annual vacation but unsure how to invest and grow your wealth? Or do you have hundreds of thousands of dollars sitting in your bank account, and are trying to figure out which investment strategy is best for you?

Whichever of those three categories you may currently find yourself in, Palak and Niti expertly speak to those financial themes and the context you find yourself in as they guide us on how we can leverage our money for time freedom. 

Learn how to increase your income with a side hustle in this new and exciting economy. Understand the benefits of paying off your credit card debt. Appreciate the wisdom of getting a good credit score before you leverage OPM (Other People's Money) and start making your financial dreams a reality.

Those dreams have to start somewhere. The way The Wealth Blueprint breaks it down for us by encouraging us to take a good look at assessing the financial life stage that we are in (and what we can do to improve that) makes it an absolute must that we start here, right now, by downloading and listening to this episode. Invest first – and then spend! Please join us.

"Borrowing money responsibly is the fastest way to grow wealth." ~ Niti Jamdar

In This Episode:

• 01:12 Understand the 3 Key Stages of where people are at (from a money perspective)
• 03:29 Are you finding it hard to make ends meet? 
• 06:36 Unpacking the benefits of paying off your credit card debt
• 07:56 Improving your credit score before you start investing
• 09:32 Three things you can focus on to squash your credit card debt
• 11:26 What should I do if I have a bit of a nest egg to invest?
• 16:59 Flipping the script: learning how to invest first –  and then spend
• 19:44 Palak shares Angie's story of implementing the BRRRR strategy on a duplex
• 25:23 How much inconvenience can you deal with to improve your financial situation?
• 26:56 What should you do if you have a few hundred thousand dollars to play with?
• 32:43 Reverse engineering your dream: figuring out your end goal

Resources:

Get a copy of Accelerate Your Real Estate - https://www.openspaceswomen.com/book 

FREE 5-Day Real Estate Investor Accelerator - https://www.openspaceswomen.com/5day 

Connect with Palak and Niti

• Website: https://www.openspaceswomen.com/
• Instagram: https://www.instagram.com/openspaceswomen/
• Facebook: https://www.facebook.com/openspaceswomen
• Twitter: https://twitter.com/openspaceswomen
• LinkedIn: https://www.linkedin.com/company/openspacescapital/
• YouTube: https://youtube.com/@openspaces1251
• TikTok: https://www.tiktok.com/@openspacesacademy

How do I invest in the current market? And how do I start building wealth as a new investor? Niti is flying solo in today's episode of The Wealth Blueprint, offering us Three Key Points in answer to each of those questions to help us navigate through choppy waters in the current real estate market.

!!!!! FREE 5-Day Real Estate Investor Accelerator - https://www.openspaceswomen.com/5day 

Niti's sage advice starts with a reminder that every market cycle has its pros and cons that you, as an investor, need to evaluate. And to think clearly, you need to be able to drown out the noise and choose who you listen to wisely!

When it comes to investing in the current market, buying a cash-flowing asset and learning how to analyze a deal holistically will stand you in better stead.

And for the new investors out there, there's great advice on learning how to take action, and how to reverse engineer your retirement by starting with the end in mind and starting with your why to give you the drive you need. 

Impactful advice is on hand for you to start creating that time and money freedom! Please join us. 

"As an investor, I always tell people: focus on the controllables." ~ Niti Jamdar

In This Episode:

• 01:00 How to filter out 'the noise' of what's going on in the current market
• 02:20 How did the pandemic affect money lending and property prices during the pandemic?
• 04:25 The value of buying a positively cash-flowing asset 
• 07:05 How do you analyze a deal holistically?
• 10:00 What do you need to do today to start building your wealth?
• 11:50 How 'knowing your why' will give you the drive you need
• 13:30 Starting with the destination in mind - creating a vision board
• 15:10 How to TAKE ACTION (educate yourself to overcome your fear)

Resources:

Get a copy of Accelerate Your Real Estate - https://www.openspaceswomen.com/book 

FREE 5-Day Real Estate Investor Accelerator - https://www.openspaceswomen.com/5day 

Connect with Palak and Niti

• Website: https://www.openspaceswomen.com/
• Instagram: https://www.instagram.com/openspaceswomen/
• Facebook: https://www.facebook.com/openspaceswomen
• Twitter: https://twitter.com/openspaceswomen
• LinkedIn: https://www.linkedin.com/company/openspacescapital/
• YouTube: https://youtube.com/@openspaces1251
• TikTok: https://www.tiktok.com/@openspacesacademy

What do you do when you set out to own one property and end up with two under contract? That is the challenge that Cassie and EJ were faced with, and this is the inspiring story of how they overcame that challenge.

FREE 5-Day Real Estate Investor Accelerator - https://www.openspaceswomen.com/5day

Living in Dallas, Texas, Cassie and EJ are a married couple with two kids and two full-time jobs, so they are no strangers to dealing with challenges in twos! But when the first property they had their eye on involved a seller going through bankruptcy, they started their search again. 

Within months, they found their second property, and issues with the first property were resolved enough for them to chat with Niti and change their perspective on ways in which they could make the numbers work on two houses! And now their goal is to own ten properties by year-end! 

Learn about their BRRRR strategies to get their numbers down, finding contractors you can trust, and the power of the Open Spaces network in this absorbing episode that provides a fascinating insight into the portfolio program graduates and their success stories. 

If you're new to real estate and want to learn more about what Open Spaces offers, this episode will surely strike a chord with you. Please join us! 

"Before the program, I was like dreaming about it, reading about it, thinking about it. Now I'm doing it. We're doing it. We're in the middle of it." ~ Cassie

In This Episode:

• 03:13 Two careers, two kids, two houses under contract!
• 07:32 What is the strategy to make the numbers work before they sign? 
• 11:50 What are the parameters for the first property that's still under contract?
• 16:30 How is EJ coping with the pressure of owning two properties?
• 18:00 How did Cassie and EJ find people that they could trust to work with?
• 24:34 How has the Open Spaces program helped Cassie and EJ? 
• 31:10 The power of being with people who've been there before
• 34:19 EJ shares their plan to make real estate a full-time enterprise

Resources:

Get a copy of Accelerate Your Real Estate - https://www.openspaceswomen.com/book 

FREE 5-Day Real Estate Investor Accelerator - https://www.openspaceswomen.com/5day 

Connect with Palak and Niti

• Website: https://www.openspaceswomen.com/
• Instagram: https://www.instagram.com/openspaceswomen/
• Facebook: https://www.facebook.com/openspaceswomen
• Twitter: https://twitter.com/openspaceswomen
• LinkedIn: https://www.linkedin.com/company/openspacescapital/
• YouTube: https://youtube.com/@openspaces1251
• TikTok: https://www.tiktok.com/@openspacesacademy

Before the program, Anita was like a tortoise. Looking at properties online but not really doing anything with her curiosity. Now, since joining the Open Spaces Real Estate program, Anita describes herself as more like a cheetah, moving "fast-paced."

And considering that she's just closed on her second property, it's fair to say that Anita is moving fast!

Welcome once again to the Open Spaces Real Estate Sensei Sessions, where we learn from rockstar portfolio program students what it's like to close on your first property deal by working with Palak and Niti's BRRRR-focused program.

Anita is a Registered Nurse who is juggling motherhood (her child makes an appearance in this episode 🙂), and so she needed a simple yet effective way to start earning passive income through property without making too many mistakes.

And this is where Palak and Niti's wisdom comes in as they helped Anita close on not one, but two properties in record time! Please join us as we learn about Anita's journey into the exciting and empowering world of real estate. 

"I realized that ever since I had a change in mindset, it has really helped me to progress and move forward.” ~ Anita

In This Episode:

• 00:55 How did Anita get involved in real estate?
• 06:00 What was Anita's first investment?
• 10:35 Is Anita surprised by how quickly owning her first property happened?
• 17:50 What has Anita learned about herself to get through this process?
• 19:00 What specific mindset shifts has Anita made?
• 23:30 How has the program helped Anita?
• 27:40 What are Anita's future goals? 

Resources:

Get a copy of Accelerate Your Real Estate - https://www.openspaceswomen.com/book 

FREE 5-Day Real Estate Investor Accelerator - https://www.openspaceswomen.com/5day 

Connect with Palak and Niti

• Website: https://www.openspaceswomen.com/
• Instagram: https://www.instagram.com/openspaceswomen/
• Facebook: https://www.facebook.com/openspaceswomen
• Twitter: https://twitter.com/openspaceswomen
• LinkedIn: https://www.linkedin.com/company/openspacescapital/
• YouTube: https://youtube.com/@openspaces1251
• TikTok: https://www.tiktok.com/@openspacesacademy

How fast can you learn, and how soon can you then own and earn? Welcome once again to the Open Spaces Real Estate Sensei Sessions, where students who are going through Palak and Niti's program share the deals they're making, as well as their insights, their ups, and their downs in the world of real estate. This is a valuable way of offering community support to other first-time investors out there. 

Dewey is one such student and he is joined today by Open Spaces' Chief Media Officer, Cheryl Tan, as he shares his rapid journey of investing in real estate, and how Palak and Niti's story of being "busy with life" but also wanting something more resounded with Dewey.

What’s even more impressive is that Dewey at first thought that this was only a program for women looking to earn in real estate! Undeterred, he watched the Facebook videos and signed up! Side Note: This is ABSOLUTELY a program for ANYONE looking to take that next step toward time and money freedom.

Dewey's 'why' (as Palak and Niti have explained to us previously) was strong enough so he decided to 'go for it' and invest in his first property while only having been in the program for a month. But the numbers came out right on the BRRRR calculator and Dewey is now on his way to increased financial freedom!

Please join us as Dewey shares his step-by-step process, and how things have unfolded with his realtor as he pivoted from turnkey properties to using the BRRRR method.  

Dewey also graciously shares on how Palak and Niti's program has supported him as he's applied the BRRRR strategy and now finds himself owning his own property rental. 

"After a few weeks of being into the program and after I signed up, I basically binged on all of the modules. And I got to the 'Hard Money Lending' and lights started to click." ~ Dewey 

In This Episode:

• 02:50 How did Dewey zero in on the property he has under contract now? 
• 05:00 How did Dewey deal with the anxiety of everything coming together so soon? 
• 07:00 Dewey shares on his turnkey avatar and shifting to BRRRR properties
• 08:55 How do you find a realtor that you can trust?
• 10:00 What parameters did Dewey give to his realtor?
• 16:25 Learning how to ask your contractor to be creative in cutting costs
• 23:25 What does 'stretching your money' look like to Dewey?
• 24:40 How does Dewey see the market looking? 
• 28:00 How 'Hard Money Lending' and understanding the BRRRR strategy has helped Dewey

Resources:

Get a copy of Accelerate Your Real Estate - https://www.openspaceswomen.com/book 

FREE 5-Day Real Estate Investor Accelerator - https://www.openspaceswomen.com/5day 

Connect with Palak and Niti

• Website: https://www.openspaceswomen.com/
• Instagram: https://www.instagram.com/openspaceswomen/
• Facebook: https://www.facebook.com/openspaceswomen
• Twitter: https://twitter.com/openspaceswomen
• LinkedIn: https://www.linkedin.com/company/openspacescapital/
• YouTube: https://youtube.com/@openspaces1251
• TikTok: https://www.tiktok.com/@openspacesacademy

When will it be enough? How much wealth do you want to build? How many properties are enough? These are often the kinds of questions that Palak and Niti get asked by their community, so in today's inspiring episode, they are addressing these issues head-on!

They are providing us with three key reasons why we should want to succeed in business on our own. And as we have come to expect from The Wealth Blueprint, this involves a mindset shift. 

Have you been trained to think that rich people are not good people, or that if you have more money, you will have more problems? 

Have you been drinking the Kool-Aid where you've let other people determine your fate in the corporate world? Have you fallen victim to seeking external validation from your parents?

No one ever says they want to work less because they're lazy. No, you want to work hard, for yourself, so that you can live a life of financial and time freedom, which means no one gets to tell you what to do. 

You choose this life because you want to set a good example for your kids to follow. 

And you choose this life because you know that the more you fulfill your potential, the more you can impact the lives of others. Please join Palak and Niti as we learn that it's indeed our job to do more. 

 "I didn't want financial freedom because 'I didn't want to work.' I wanted financial freedom because I didn't want anyone to tell me how much to work, when to work, and what to do." ~ Palak Shah

"The best way to teach something to your kids is by doing it yourself." ~ Niti Jamdar

In This Episode:

• 01:30 Why do you want financial freedom? 
• 02:20 Why Palak chose a path of financial freedom
• 03:55 How someone else determines your worth (in corporate)
• 05:43 #1 Question: Why are you doing this? 
• 06:45 The importance of working for yourself (for your kids)
• 08:10 Inspiring your kids by letting them witness what you do
• 09:35 How women are expected to show up as selfless
• 11:30 What are the ways you can teach your kids?
• 13:45 The responsibility of fulfilling your potential
• 15:20 The goal of greater impact by creating more wealth
• 16:37 How money doesn't change who you are

Resources:

Get a copy of Accelerate Your Real Estate - https://www.openspaceswomen.com/book 

FREE 5-Day Real Estate Investor Accelerator - https://www.openspaceswomen.com/5day 

Connect with Palak and Niti

• Website: https://www.openspaceswomen.com/
• Instagram: https://www.instagram.com/openspaceswomen/
• Facebook: https://www.facebook.com/openspaceswomen
• Twitter: https://twitter.com/openspaceswomen
• LinkedIn: https://www.linkedin.com/company/openspacescapital/
• YouTube: https://youtube.com/@openspaces1251
• TikTok: https://www.tiktok.com/@openspacesacademy

What does it mean to create wealth? As Palak shares with us today, building wealth has allowed her to give back so much more than she ever could have. It has empowered her to actually feel like she has a place in society, to know that she can actually give back.

Unfortunately, not all women are in quite the same position as Palak, and she gets asked a lot about why it is, exactly, that women aren't the ones building wealth and that this is usually a job left to the men. 

And for Palak, there are three key reasons why women lack the motivation, courage, and support to build wealth. This is because it is unfamiliar, and unseen, and it makes women feel unproductive when there are seemingly more pressing tasks at hand.

The good news is that a revolution is afoot! More and more women are empowering themselves as wealth builders, shunning the supposed shame of enjoying earning money and providing for their families in new and important ways. 

Please join Palak in this episode that is all about empowering women in their wealth-generating goals!

"Women are realizing (especially after COVID) that the weight of the world falls on us. And it's up to us to build wealth for our family." ~ Palak Shah

In This Episode:

• 01:00 The impression Palak was left with when her mom sold a property (and acquired a chunk of cash)
• 02:45 Understanding the impact of women not being exposed to entrepreneurial opportunity
• 03:30 How wealth building has historically been the man's job
• 04:10 How some women are shamed for liking 'making money'
• 04:45 How building wealth has empowered Palak
• 05:41 How wealth building is 'unseen': understanding the power of external validation
• 07:05 Why women are driven by productivity (and how building wealth is more long-term)

Resources:

Get a copy of  Accelerate Your Real Estate - https://www.openspaceswomen.com/book 

FREE 5-Day Real Estate Investor Accelerator - https://www.openspaceswomen.com/5day 

Connect with Palak and Niti

• Website: https://www.openspaceswomen.com/
• Instagram: https://www.instagram.com/openspaceswomen/
• Facebook: https://www.facebook.com/openspaceswomen
• Twitter: https://twitter.com/openspaceswomen
• LinkedIn: https://www.linkedin.com/company/openspacescapital/
• YouTube: https://youtube.com/@openspaces1251
• TikTok: https://www.tiktok.com/@openspacesacademy

How do you deal with the naysayers? It's fine when you're following the rules and traditional money-making paths, but as soon as you do something different, start thinking out of the box, and challenge the status quo, there are going to be people on the sidelines who disapprove. 

Palak and Niti are offering their tools and strategies for dealing with those real estate naysayers who just can't see your bigger picture. 

Whether it's an estate agent who simply doesn't get that part of your BRRRR strategy involves buying a distressed property in a less-than-ideal neighborhood (so that you can add value!), or someone who's offering advice without owning property of their own, these naysayers come in all shapes and sizes. And you shouldn't let them throw you off your game!

It's all about taking limited risks, understanding what you're doing, running the numbers, having an exit strategy, and sticking to the plan. Building real wealth takes time and diligence in the application as you ride out the market ebbs and flows. 

Palak and Niti are reminding us that NOW is a good time to invest because you do have the skills. Instead of questioning your own path, perhaps just consider what it is that you still need to work on. 

This episode of The Wealth Blueprint is a wonderful affirmation to block out the noise of the naysayers and keep building your self-confidence and self-belief. Please join us!

"When you have an open mind, you grow much further. And you see that reflected in successful people." ~ Palak Shah

 "We've seen live examples how, if you invest prudently in real estate, if you know what you're doing, if you learn the right way to invest, it doesn't matter what the market is doing because you're investing for the long-term." ~ Niti Jamdar

In This Episode:

• 01:15 - What to do when encountering an agent who makes you doubt your decision
• 03:00 - Why is it that the most "sure" people are those with the least experience?
• 04:50 - How negative news gets the most eyeballs – and how to counter that when investing
• 08:40 - How the naysayers are risk averse, stay where they are, and limit their growth potential
• 15:40 - The importance of creating a tribe and building a moat to protect you from the naysayers
• 21:30 - Why the numbers don't lie: focusing on the numbers when faced with doubt

Resources:

Get a copy of  Accelerate Your Real Estate - https://www.openspaceswomen.com/book 

FREE 5-Day Real Estate Investor Accelerator - https://www.openspaceswomen.com/5day 

Connect with Palak and Niti

• Website: https://www.openspaceswomen.com/
• Instagram: https://www.instagram.com/openspaceswomen/
• Facebook: https://www.facebook.com/openspaceswomen
• Twitter: https://twitter.com/openspaceswomen
• LinkedIn: https://www.linkedin.com/company/openspacescapital/
• YouTube: https://youtube.com/@openspaces1251
• TikTok: https://www.tiktok.com/@openspacesacademy