Preview Mode Links will not work in preview mode

Living Off Rentals


Mar 24, 2021

Financial freedom is the ultimate goal that real property investors are yearning for. Reaching this goal is why they work hard despite all the extreme stresses brought about by strenuous transactions. But what if there is an easier way to do it for less?

For today's show, our guest will share her perspectives about an opportunity to make real property investors' lives easy -- real estate investment portfolios in low-priced minority neighborhoods - profitably and compassionately. Lisa is the author of the book Investing in Rental Properties for Beginners that contains gems for those new investors. She is a well-known real estate investing influencer and mentor in the rental property coaching space and a sought-after guest for personal finance and real estate investing radio shows and podcasts. Also, she is the founder of Affordable Real Estate Investments that aims to turn black professionals into rental property owners.

In this episode, Lisa Phillips will dig deep into investing in the sub-$30K market in property investing, a lucrative strategy most people do not consider. She will talk about how she discovered the strategy and what it is like to invest in the sub-$30K market. She will also give advice and recommendations on ideal deals, managing properties, and being proactive amidst the pandemic.

Are you curious to know how to invest in affordable neighborhoods and learn the new strategy? Hear it from the expert. Listen to this podcast to know about it and more!

Key Takeaways

[02:17] A little about Lisa and how she discovered the new investment strategy  

[12:37] Her advice on putting time and energy into work 

[14:18] Her advice for people who are affected by the pandemic

[17:29] What the sub-$30K market is and how her ideal deal works in this category

[19:05] The typical solid deal for Lisa

[23:43] On resiliency during COVID

[26:03] Lessons she learned the hard way that made her do business better

[28:16] Her recommendations for beginners on managing properties 

[30:07] On acquiring properties for her business

[30:52] Issues she encountered as a remote investor during the pandemic

[35:09] To get hold or work with Lisa

Links
Lisa Phillips on LinkedIn - https://www.linkedin.com/in/affordablerei/

Lisa Phillips Website - http://affordablerealestateinvestments.com/

Lisa Phillips FB Group - https://web.facebook.com/groups/292425587999267

Living Off Rentals YouTube Channel - https://www.youtube.com/channel/UCRpWXe2mWqBm5vvbO2R2AdA?sub_confirmation=1

Living Off Rentals Facebook Group - www.facebook.com/groups/livingoffrentals

Living Off Rentals Website - www.livingoffrentals.com

Living Off Rentals Instagram - www.instagram.com/livingoffrentals

Book
Investing in Rental Properties for Beginners by Lisa Phillips - https://www.goodreads.com/en/book/show/41036041-investing-in-rental-properties-for-beginners