There we were, 4+ years ago – slugging away at our corporate jobs, feeling uninspired, craving financial independence. I remember (Grace here 👋) when I had two male coworkers try to micromanage me at my mechanical engineering job and thinking "Is this what the next 30-40 years is going to be like?!" So when we discovered real estate investing – MTR and multi-family for Amelia, BRRRR & LTR for me – it was like a fuse had been lit. 🔥 It was hella scary, Reader... but all of a sudden, that...
2 months ago • 1 min read
Hey Reader, I just went under contract on my latest project, and I want to share not just the deal - but the powerful lesson it taught me about the power of FREE advertising for your business. Grace here today 👋 Not only is this my most exciting project to date, but this project actually came to ME. How crazy is that? Many of you know how much I push showcasing your real estate business - whether it's social media, a newsletter, an open house or in this case a simple yard sign! So many of us...
3 months ago • 1 min read
Hey Reader, Grace here! 👋 I don’t know about you but I have to give Amelia a huge freaking pat on the back. Not many investors are willing to dive that deep on their deals. And she just gave you the entire run-down on her 11-unit purchase & sale! (read here if you missed it!) If you read that series and are thinking “I want to do that but don’t know how to find deals 🤔”...we’ve got you! Let’s talk about ways that YOU could find your next property. In honor of Valentine’s Day this week (or...
6 months ago • 1 min read
Hey there, it’s Amelia! 👋 If you’ve been following my journey with the 11-unit apartment building, now's probably the moment you’ve been waiting for…how much I made on this deal. I’m breaking down the total profits, including cash flow, bonuses, and the final net profit from the sale. Spoiler alert: it was a big win! 💸 If you haven't read the previous emails in this series...you can catch up [here]! The Numbers Purchase Price: $495,000 Sale Price: $690,000 Equity Split: 60/40 (I got 40%) My...
6 months ago • 2 min read
Hey there, it’s Amelia again! 👋 Ready for round two? I’m diving right into the nitty-gritty of what happened after we closed on our 11-unit apartment building and the real lessons I learned along the way. Spoiler alert: things didn’t always go as planned. 😅 Grace and I always joke that real estate is frequently two steps forward, one step back...and the last 3.5 years with this property are no different! If you remember from last week’s email, I closed on the property in August 2021, and I...
7 months ago • 4 min read
Hey there, it’s Amelia with a much-anticipated update on the sale of my 11-unit apartment building! ✨ Over the next few weekly newsletters, I’m going to take you through my entire journey of acquiring, managing, and selling this property - and of course, the juicy details on just how much I made on this deal (I know that’s what you’re really here for! 😜). So grab your favorite drink, get comfy, and let’s dive in! ☕️ To really set the stage, I need to give you a little background on how this...
7 months ago • 3 min read
Hi Reader, Remember last week when I talked about the mistake of over-pricing rentals in hopes of making a bit more money? (If you missed that email, you can catch up here). Today, I wanted to follow up on that and give you some real numbers (because I know how much you all love those!). 💸 Plus I want to show you how you can learn from my mistakes. So let’s get back to it. My first and only (🤞) eviction happened from this exact over-pricing mistake. I listed a unit high in hopes to make an...
11 months ago • 2 min read
Hi Reader, Today I'm sharing the worst mistake I made self-managing. And I bet it’s not what you think. Grace here this week! 👩🏻👋 When I first started self-managing I made sure to soak up information like a sponge - so many BiggerPockets podcast episode & following other self-managers on Instagram and absorbing their tips and lessons learned and more. Because of this I was able to skip over the most common mistakes self managers make like… ⛔ Not having a robust property management system, and...
12 months ago • 2 min read
Hey there, Reader! Managing your rentals can sometimes feel like a juggling act, but it doesn’t have to be that way! 🎪 Here are three quick time hacks that will help you stay on top of your game as a self-managing landlord: 📅 Calendar Blocking: Your New Best Friend Set aside specific blocks of time each week for your landlord duties. Whether it’s handling maintenance requests, reviewing financials, or checking in with tenants, calendar blocking helps you stay organized and ensures that...
about 1 year ago • 1 min read
