Building An $11M Portfolio With 1-4 Unit Properties

15/06/2022 45 min

Listen "Building An $11M Portfolio With 1-4 Unit Properties"

Episode Synopsis

Ep 17 - For anyone who has dreams of building their own real estate empire, Jhanel Wilson is a testament that the opportunities to succeed in the industry as a minority and a woman are truly endless. With grit, creativity, and finesse, she started her journey with a lack of capital and, nearly two decades later, has built a portfolio worth over $10 million, comprising 100-plus units.    A chemical engineer-turned-investor, Jhanel’s mission is to assist others in removing the fear and complexities around breaking into real estate. By empowering people with the knowledge and resource they need, she hopes to demonstrate how real estate can help individuals to achieve financial freedom and gain greater control over their lives.   In this episode, she drops some valuable nuggets of wisdom for those looking to break into the industry. Let’s get started!   ________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks  ________________________________ [00:01 - 16:50] Who is Jhanel Wilson? Investing in real estate at 22  Using debt as a capital  Her strategy: Shifting from credit cards to commercial loans   [16:51 - 27:00]  How to Use 100% Financing to Build a Real Estate Empire Types of lenders to make your necessary purchase Use the top-tier lenders who have the best rates  Networking and building relationships are key to success The common misconceptions of new homebuyers Choose who you listen to Listen to people who are successful in real estate   [27:01 - 37:57] Creating Wealth and Setting up a Protection Plan Jhanel  talks about her portfolio and what it is comprised of How to protect her portfolio Making a non-investor a trustee Her advice for those just starting out in the industry  Learn how to spot a property that’s less than what it's worth and know how to get it up and running [37:58 - 44:05] Closing Segment  The final 2 questions Jhanel on diversification: Focus on one thing and master it Connect with Jhanel! Key Quotes    “This is a common misconception that you can only use business loans or commercial loans on business properties. But no, you're just using these properties as a business… You can get a commercial loan, a business loan on a single-family home because it's generating income. ” - Jhanel Wilson   “Some problems are bigger than the next, but they think it's a lot harder than it really is. And maybe once you kind of unlock that, it's not that bad. You kind of start and just go.” - Jhanel Wilson    “It's because there is like so many negative people and naysayers that scare you. And you don't realize that you shouldn't listen to them. You don't listen to people who were not successful with it. You shouldn't listen to people who are not investors.” - Jhanel Wilson Connect with Jhanel Wilson through [email protected]. Visit the https://linktr.ee/Jhanel.Wilson and follow her on Instagram and LinkedIn.   Let’s get connected!  You can find Nicole on LinkedIn,

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