Inspiration for investing in real estate can come in many ways. In this episode, Jennifer Falloon talks about what led her and her family down this path and how they continue to capitalize on real estate investing opportunities. She shares her no-nonsense approach to building generational wealth.
LISTEN FOR THIS
- Jennifer’s reason “why” is one of the most compelling reasons to build a real estate investing business.
- There is no problem “sleeping at night” when you’ve done your due diligence on an apartment investment. If there is a hurricane or fire, the building is insured. Also, everyone else involved in the buying process - the property management company, insurance company and lender - have all signed off on it being a good investment.
- Jennifer takes a careful approach when evaluating the apartment investments she presents to investors, ensuring they're as safe as possible.
- When looking at housing markets, it’s important to know that single family homes are in a completely different market than multifamily apartments.
- Financial advisors are not telling you all the ways to build your wealth but only about the investments that build their wealth regardless if it does yours.
QUOTES
“You need to just get over that fear and turn that fear into an excitement.”
“If you have any dormant money at all, especially in old IRA and 401K accounts, you are losing money. You need to pull that out right now, put it in a self-directed account so it's a rollover — so it's non-taxable, and get it in real estate. I don't want to say ‘I told you so’ three years from now.”
ABOUT JENNIFER FALLOON
Jennifer is the owner of Vorsa Investments. She currently owns and operates over 900 apartment units nationwide. She partners with her investor to offer alternative investments outside of the stock market.
CONNECT WITH JENNIFER
Website: https://www.vorsainvestments.com
CONNECT WITH US
Learn more about passively investing in apartment buildings:
Website: hansenholdings.com
Free Webinar Training: hansenholdings.com/webinar
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