In this week's podcast episode, we sit down with Sara Capra, product manager at TurboTenant and a dedicated real estate investor. Sara shares her journey into real estate with the purchase of her first property during the pandemic. Since then, she’s embraced both the challenges and triumphs of being a landlord, learning valuable lessons along the way.

Sara highlights how refinancing her property to secure a lower interest rate played a key role in boosting profitability. She emphasizes the importance of a thorough tenant screening process, as well as the efficiency gains that come with using property management software like TurboTenant. Sara explains how the right tech stack can transform property management from automating rent payments to staying compliant with evolving regulations.

The episode also explores best practices for evaluating property performance, using checklists for routine management tasks, and the strategic decision to sell underperforming properties. For both new and seasoned investors, Sara’s insights underscore the power of automation and early planning in building a scalable, stress-free rental business.

Tune in to hear how tech and strategy intersect in real estate investing, and why TurboTenant might just be your next secret weapon.

Resources:

• Simplify how you manage your rentals with TurboTenant
• Connect with Sara via email
• Grab your spot in The WIIRE Community
• Leave us a review on Apple Podcasts
• Leave us a review on Spotify
• Join our private Facebook Community
• Connect with us on Instagram

Hey friends, thanks for joining us this week! We are super excited to welcome real estate expert Kathy Fettke to explore the intricacies of 1031 exchanges. Kathy shares her inspiring journey into real estate and highlights how knowledge can help overcome fear and lead to confident investment decisions.

The conversation dives into the mechanics of 1031 exchanges, which allow investors to defer taxes by reinvesting proceeds into similar properties. Kathy walks listeners through real-life examples, including a powerful story about her father’s successful 1031 exchange, emphasizing the importance of planning, timelines, and property identification. She also stresses the value of working with a reputable 1031 exchange company to avoid costly mistakes.

Kathy encourages women to take control of their financial futures through real estate, highlighting how legacy planning can build generational wealth. This episode is packed with actionable insights for anyone looking to leverage 1031 exchanges and make informed investment decisions.

See what Kathy is up to next by following her on Instagram. We hope you love this episode!

Resources:

• Simplify how you manage your rentals with TurboTenant
• To join to speak with an investment counselor, visit Kathy’s website
• Grab your copy of Kathy’s book, Retire Rich with Rentals
• Listen to The Real Wealth Show
• Listen to Real Estate News for Investors Podcast
• Grab your spot in The WIIRE Community
• Leave us a review on Apple Podcasts
• Leave us a review on Spotify
• Join our private Facebook Community
• Connect with us on Instagram

Welcome back, friends! This week, we discuss key red flags to watch for when investing in real estate and share valuable insights from The Community. They highlight the importance of thorough analysis and community support in building confidence. Amelia opens up about her current flip project, sharing detailed numbers and challenges, while emphasizing the need to stay emotionally detached from properties.

The conversation covers essential tips such as watching for foundation issues, considering the end buyer’s perspective, and having multiple exit strategies to mitigate risks. They also stress the importance of building a strong buy box to avoid distractions and using conservative estimates when budgeting for rehabs.

A few things we want you to walk away with…

1. Be mindful of structural issues like foundation problems.
2. Emotional detachment is crucial for sound decision-making.
3. Community insights and a reliable realtor can boost your confidence.

Listen now to learn how to navigate potential pitfalls and make smarter investment decisions!

Resources:

• Simplify how you manage your rentals with TurboTenant
• Download our free Buy Box Template
• Grab your spot in The WIIRE Community
• Leave us a review on Apple Podcasts
• Leave us a review on Spotify
• Join our private Facebook Community
• Connect with us on Instagram