In this episode I talk to Jean Marshburn, another stay-at-home mom, turned realtor and real estate investor. Jean is also one of many real estate investors in our group called Powerhouse at eXp Realty, LLC. Here are some takeaways from this episode:

1) It's not too late to become a real estate investor, even in midlife. In fact, it may be the solution to make up for lost time if you're feeling a bit behind financially.
2) The equity in your home can be accessed to make you money. Using it to build an ADU (Accessory Dwelling Unit) caan brin in several thousands of dollars monthly and it adds value to your property
3) It pays to do your research. It's what bulds confidence to help you move forward and become a real estate investor.
4) Airbnb earnings are typically at least double tht of long-term rentls. LTR can always be your 'plan B' if Short-term rental doesn't work out.
5) If you play your cards righ, adding a unit to your existing property can be the ticket to living mortgage-free.
6) Overthinking can keep you from getting started. Moving past that and taking action are the keys to success.
7) When you understand the numbers and how to leverge the equity in your home, you can start to play with possibilities in the realm of real estte investing.

If you'd like to know more about Jean's Real Estate journey, you can reach her at jean.marshburn@exprealty.com or on IG @jeansellsportland

If you'd like more info. on becoming a real estate investor, you can reach your host, Ann Reed at ann.reed@exprealty.com, or follow along on IG @annreedandco

Vince makes it so easy to understand and digest just how attainable it is for the 99% to create wealth over time with real estate. Here are the key takeaways from this episode:

1. House Hacking is the key for the average American to make owning multiple investment properties a reality. If you can qualify for one mortgage, you can qualify for multiple mortgages by using rental income to help you qualify.
2. Contrary to lots of real estate investing advice, focusing on cash flow alone can be very limiting because if you tell someone that they need $150,00 or more to put down on a property, most people won’t be able to do that in their lifetime. Teaching people that the real wealth effect is owning multiple properties that appreciate over time, and that cash flow can be developed as rents increase, is the key to more people creating wealth with real estate.
3. Choose opportunity over terms when analyzing an investment property. Both Vince and I have created multi-million dollar investment portfolios by purchasing homes with little to no money down. Had either of us waited until we had a 20% down payment, we’d probably each only own one property.
4. Start thinking holistically about real estate investing. Sometimes less favorable terms is the price you pay for the privilege of owning more than one property. Don’t let this keep you out of the game. Mortgage insurance will eventually fall off, interest rates can be refinanced and due to the shortage of housing supply, there is very little chance that home prices will go down any time soon.
5. Financial investment are faith based, meaning, we invest because we believe that there will be a return on our investment. Real estate is no different. There was never a 10 year period when we didn't look brilliant, right?
6. Harvesting a property every 5-6 year is a virtuous cycle where you could realize tax free income for life while still maintaining the whole asset base. You only need to have 4 or 5 properties, which is actually the inspiration for the name of this podcast, “A Few Good Doors.”
7. The best time to buy real estate was in the past. The second best time is right now. We have a supply shortage of several millions of homes in the United States, and several decades of data that shows that real estate has always appreciated decade for decade, so it’s hard to imagine a situation other than it continuing to appreciate over time.

Vince has graciously offered to give our listeners their own personal "Get Rich Slow," seminar, based on each individual's situation. You can email him at vkingston@guildmortgage.net to set up your appointment.

“A Few Good Doors,” is a podcast that proves that you don’t have to choose between making money and living a purposeful life, and that investing in real estate just might be the tool to help you do both.

I’m your host, Ann Reed, and I’ll be sharing my own journey of becoming a real estate investor, turned advocate for housing the homeless and how I found that you don’t have to choose between making good money and doing good things. In fact, we need more good people with checkbooks that are willing to help those in need.

In addition to my own story, I’ll be sharing the stories of others so you can walk away knowing the nuts and bolts of how to become a real estate investor, the mindset shift necessary to go from interested to invested, and the heart it takes to discover what living in alignment with your purpose is all about.

Whether you’re making lots of money and not feeling fulfilled or you’re living in service and broke, this podcast is for you. I’ll show you that investing in A Few Good Doors just might be the ticket to living a more prosperous and purposeful life.