My Amazing Journey in Real Estate Investing
In August of 2016, I lost my best friend, husband and business partner Chuck. We were just over a year into our real estate journey when a massive heart attack took his life and forever reshaped mine.
After joining the Creating Wealth USA family, learning the real estate business and putting all the essential systems in place, we were on target for our 12 month goals at that time. We were buying at least one property a month, and ramping up to year 2 goals.
Our initial 12 month goals included purchasing our first investment property in August of 2015 and planning on closing our door to door sales business before the end of the year in 2016.
Trading Dollars for Hours and Dealing with Business Overwhelm
Even though we owned our own business; we went from loving to teach sales training to our dozens of door to door reps and managing multiple offices around the United States to dealing with an overwhelming amount of turnover and stress. That just wasn’t fun anymore. We knew we had to do something different. We were swapping hours for dollars and dealing with too many employee-related problems that required us to put in a large number of hours in each day just to keep up with the issues and the mess.
Finding Passive Income through Real Estate Investing
The promise of financial freedom that real estate investing provides through multiple streams of passive and active income was very attractive! Because Chuck and I were an amazing team, the entrance into real estate investing was a smooth one. We continued pushing and holding each other accountable in every aspect of our businesses and personal life.
We shared responsibilities in our sales company and continued that trend when we started real estate investing. We would trade off calling FSBO’s or Follow Up calls and critiqued each other to ensure we were improving every single day. We knew we were going to be successful and every new creative technique we learned, we looked to implement as soon as possible.
Often we were surprised when creative strategies, that we learned from the Creating Wealth All Access Pass worked; like our 2nd house – a no money down seller financing (who laughed when we presented our cash offer), or having the seller pay closing costs on a deal where we were taking over payments (subject to the existing mortgage).
We spent a few weeks in Alaska just before Chuck passed 2 summers ago and wired funds from our phone to close our 14th property with our Trustee executing the closing docs… all while we were catching fresh salmon, panning for gold and exploring the Last Frontier.
It was an amazing trip and a constant reminder of the fact that Chuck and I lived without regrets.
Luckily our business and our lives were in transition into real estate when tragedy struck in August of 2016, as the freedom it afforded me in my time of need was essential. Because of our multiple streams of passive income Chuck and I had in place through the deals were did together, it allowed me to have freedom that I definitely would not have had in our previous door to door life.
I knew that our rentals would continue to produce income and pay for some of my expenses regardless of what tragedy came our way. A few days after Chuck passed, his parents, my step dad and I loaded up in the truck and headed for Wisconsin for the funeral. I forwarded my phone to another investor and didn’t really think about what was next. We had 9 rentals at the time and knew they couldn’t fully support my expenses forever, but it was an amazing start and allowed me to have a buffer to mourn up north. After things settled a bit, I started to get back into the swing of things and I knew that my goals weren’t going to change. I dove back in, pulling lists, writing letters, making phone calls, knocking doors and driving for dollars as much as I could. I still struggle every day without Chuck, there are calls I don’t want to make, paperwork I don’t want to do, and sometimes I just have the need to break down and cry. I seem to take breaks from what I am supposed to be doing more than I used to but I have figured out how to make it work.
My Real Estate Family
The support from my real estate family is overwhelming and I wouldn’t be here today without them.
I think about how different things would have been without having our systems in place, without our real estate family, without the knowledge of creative real estate investing, without the foundations of passive income that will eventually lead to Financial Freedom.
Since August of 2016, I’ve now done over 70 deals. These have included wholesale deals, rentals, subject-to’s and now I am in the process of lease optioning two homes this Week!
The need for a mentor and community to bounce ideas off of, structure offers with, role play with, or just check in and see how you are doing, is so much more important that I could have ever thought!
The moral of my story?
Say yes to yourself and don’t let fear or excuses get in the way of following your dreams.
If you truly want more time, more money, to be your own boss, to control your future and live the life YOU design, don’t wait. Having the time, freedom, flexibility and the community to support you through your endeavors and life is crucial.
I’m so happy that I’ve become a part of the Creating Wealth Community and have people in my life that push me every day to do better. So don’t wait. If you want to jump start your business and learn about the strategies that I’ve implemented to create multiple streams of income that helped support me through my tough times, I’d love for you to join me at a live event or on a quick phone call. (My number’s at the top of every page.)
I can talk to you about Unleashing Your Power, Sales and Negotiating and show you my real deal case studies that exemplify how I’ve been able to create multiple income streams for life.
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