Lattes and Leases

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Lattes and Leases

Teaching YOU How to Easily Invest Out of State 🏡 31 Units in 2.5 Years! 🌟 Quit 9-5 at 23

07/13/2023

✨Deal Spotlight✨

Trying something new and highlighting some of YOUR amazing deals!

First up- Diana and Josh! You can follow them over at .i.fi killing it in real estate in 📍Kansas City! 🎉

Diana and Josh are from Seattle but wanted to build a life of financial freedom with real estate. They decided to go all in on real estate investing in 2021 and moved all the way to ✈️ Kansas City in their first (but not last!) house hack!

Check out the numbers of their deal and some 🔥 lessons from their strategy! 🤗

[SHARE THIS] story with someone you know who needs to hear it

06/30/2023

Comment 🙌🏼 if you can relate to any of these!

🤗Diving head-first into real estate investing has absolutely changed my life for the better!

But that doesn’t mean my journey has been perfect 🙃 (hint: no one’s is no matter how they look on Instagram)!

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🌟P.S. Looking to get started investing in real estate? DM me the word ‘COURSE’ for the link to my Rentals 4 Rookies course!

[ ](https://www.instagram.com/explore/tags/realestate/) [ ](https://www.instagram.com/explore/tags/realestatetips/)

06/23/2023

[Share This] + let me know…

Would you buy this deal?! 👀

This rental property is located in Cincinnati and when we initially found it, we ran the numbers as a long-term rental for both units. 🏡

The deal had minimal cash flow, but we felt comfortable buying the deal knowing that we could increase cash flow through the midterm rental strategy. 💰

Swipe 👉🏼 to see all of the numbers!

Share this to your story and let me know if you’d consider this strategy!

06/20/2023

[Share] + Make sure you read this 🤗

Taking consistent action despite not knowing every step you need to take will be instrumental in your success as a real estate investor.

I wasn’t able to live off of my cash flow from my first property (and I find it hard to believe that anyone has ever been able to do this)

But the lessons I learned from this one real estate deal absolutely changed my life and helped me scale my portfolio to what it is today.

And I know…..the market has changed these last few years since I bought this property in 2020, and you might be thinking:

😢 ”There’s nothing on Zillow that cash flows right now”

🗓️ ”There’s a 12-month seasoning period for refinances. I can’t do this strategy”

🔎 ”I can’t find a BRRRR that works in my market”

And you might be right!

But I would also argue that learning the skills 📚 of being resilient 👩‍🏫 and taking action on what you’ve learned are as valuable to reaching financial freedom as buying properties is.

Share this post to your story, tag me, and let me know if you agree!

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06/14/2023

Share This! + Learn How to….⤵️

Scale your portfolio without having to dig into your own bank account 🏦

If you’re feeling stuck in your real estate investing journey and don’t really know what next steps you need to take to scale, start learning about private money!

It wasn’t until my second deal where I got a small loan from a family member that I realized I could keep buying rental properties without needing to have a ton of money. It opened my eyes to the possibility of owning a lot more rental properties and I took the leap to learn how to do this over and over again!

And it’s totally possible for you too! 🤗

If you want to learn more about how to start investing in real estate and build passive income from rentals with none of your own money, my private money course is starting on July 6th, and sign-ups for the course open on June 21st! 🤗

You’ll learn the exact steps I took to raise over 5 million dollars in private money to scale my portfolio! Just DM me MONEY below and get the link to sign-up for the course waitlist!

06/07/2023

My first deal wasn’t perfect but….

Let’s take a peek at the numbers! 👀

🏡 For my first deal ever, I put a 20% down payment on the property. I had saved a ton of money from working full-time in college and thought putting 20% down was the only way I could invest in real estate.

But I was wrong! ❌

I learned about the BRRRR strategy and in the end, I ended up leaving $7k in this deal after I refinanced the property and paid back my 0% credit card. 💳

Because of this strategy, I now own a $155k asset for only $7k down 💰(which is a 4.5% down payment)!

This property cash flows around $500/Month AFTER all expenses, and reserves for vacancy, repairs, and cap-ex replacements! 💸 (which makes it just above 80% cash on cash return).

After this first property, I raised private capital for most of my deals instead of saving up my own money to invest (which could take another three years). 😬

I use the BRRRR strategy for almost every rental property, which has helped me build a multi-million dollar portfolio using barely any of my own money.

🤩 And even though it’s not a perfect BRRRR, I’d buy this deal over and over again.

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Want to learn how to raise private money? My course, Private Money Playbook, starting soon, and registration starts on June 21st! So, now is the perfect chance to learn how to do this on your own! DM me MONEY to learn more!

05/31/2023

Follow >>> for all things real estate investing!

😕I've found that a quality contractor is the hardest team member to find when investing out of state 👷‍♀️

Don’t make these ⬆️ huge mistakes that I made when I first started investing in real estate!

📉I’ve lost thousands of dollars (over $50k!) AND have been sued (we settled🥴) from projects gone wrong.

Starting out as an out-of-state real estate investor, it was impossible for me to check up on my renovations, look at rental properties, and place tenants 🫤

💪I had to learn how to rely on my boots-on-the-ground team to make sure things were running smoothly for me. That’s when I learned how important it was to find and vet team members from thousands of miles away!

What did I do?

👍🏻Asked for personal recommendations for tried and tested contractors from local real estate investors and my agent

👍🏻Did a thorough vetting process with each potential team member - asking them specific questions based on their previous experience, jobs, timelines, and types of properties they typically work on

👍🏻Created a payment plan based on when the work was completed (NOT what the contractor asked for upfront) and then kept them accountable to their schedule.

👍🏻And tried my best to pick quality contractors over the cheapest one (even though I fell for that a couple of times too!) 🥴

Comment below and share some of your horror stories with contractors so others can learn from your mistakes!! ⤵️

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05/30/2023

If I have 1️⃣ big lesson from this year it's… ⤵️

👉🏼Don't get so caught up in building a business / cash flow / etc. that you forget about yourself.

It’s easy to get SO wrapped up in executing big goals that you neglect your well-being.

I’ve learned my lesson this year and struggled a lot with health issues 🫠. It’s opened my eyes to make sure that I’m investing in my business AND in myself (which I suggest you do too!) ❤️

I've slowly started to prioritize my well being and health over getting to my goals faster (which ultimately leads to burnout 🥴). Recently I've…

📚Outsourced a lot of tasks I hate doing (like bookkeeping) to really focus on things I LOVE doing in my business

🥗 Hired a nutrition coach who is helping me maintain a healthy diet and fuel my body after my nightmare year of sickness from travel! (p.s. outsourcing in personal life is WAY underrated)

🎾 Picked up some hobbies outside of real estate! I started playing tennis and going to yoga, which provides both physical activity and a mental break from work!

⏳ I’ve made sure to dedicate time to completely disconnecting from work (which I know might sound crazy to some of you but it’s been amazing for me!). Unplugging allows my mind to rest, recharge, and gain fresh perspectives for the next day of putting out fires in my business 👩‍💻

Remember, taking care of yourself is not a luxury—it's a *necessity* for long-term success and happiness in both your business and personal life✨

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How do you implement self-care in your life as an entrepreneur? Comment below! ⬇️

05/17/2023

Follow >>> for real estate investing tips!

🏡Using the MTR strategy is a great way to increase your cash flow in today’s market!

Mid-term rentals have given me a lot of opportunities to diversify my portfolio and bring in more cash flow 💰to offset my lower cash-flowing long-term rentals🏡

I also really tend to enjoy the tenants that rent my MTR properties, and I tend to have less of a hassle with MTR’s than I do with long-term or short-term rentals 😖

My top sites for finding tenants?

👉🏻Furnished Finder

👉🏻AirBnB (mark your property as a 30+ day stay)

And if you’re looking for a way to analyze potential MTR properties, I have an awesome new cash flow calculator that helps you do this! 🤗

Just DM me the word ‘DEAL’ to get my cash flow calculator that you can use to analyze your midterm rentals!

05/12/2023

Follow >>> for real estate investing tips!

We’re going into the spring and that means that the market (and my allergies 😭) are about to heat up! 🔥

But don’t let this scare you away from putting in offers, even if they’re far below ask.

As Michael Scott says, “you miss 100% of the shots you don’t take” ‼️

So don’t be afraid to stick to your numbers, be patient for the RIGHT deal, and expect to get a lot more “no”s than yesses! 🏡 It’s a numbers game, so the more you submit, the more chances you’ll have to go under contract!

And if you’re feeling unsure about how to analyze deals, don’t worry!

>> DM me WEBINAR for the link to my FREE Deal Analysis Training on May 22nd at 5pm pst!

I’ll teach you how to analyze deals for cash flow in today’s market! 💰

05/10/2023

Biggest Myths Busted! 💥

There will always be rumors, myths, and lies about real estate investing and I’m here to help you understand some of these common (yet not true) rumors about investing in real estate! 🏡

Don’t let social media fool you into thinking some of these big myths either!

Share this post and tag an investor friend who needs to hear this! ⬇️

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Just getting started investing? 👀 Want to learn how to easily analyze deals??

DM me the word WEBINAR to sign up for my FREE Deal Analysis training on May 22nd!!

05/06/2023

Officially 3️⃣ years of sharing Lattes & Leases with all of you! 🥳

Did you know I created this page before I even owned a rental property?? (🙋‍♀️🙋was anyone here for that?!)

My goal was to share the authentic journey of someone trying to get started in real estate (yes, all the ups & the downs🎢), and I never could've guessed my portfolio or this page would get so big! 😱🤗

If I've learned anything from both real estate investing and Lattes & Leases, it's that ✨consistency✨ is KEY🔑!

🏡How do you grow a portfolio? Show up every day and do the boring things - analyzing deals, calling contractors, networking with new team members, etc. etc.

📲How do you build a brand? Show up every day and provide value to your community!

Over months and years of planting seeds 🌱 (aka doing the boring stuff consistently), you'll begin to reap the rewards!

❤️THANK YOU to each one of you for being here! I'm so honored to share my real estate journey with all of you and to be a small part of your own 🥰

Address

Santa Barbara, CA
93101–93103, 93105–93111, 93116–93118, 93120–93121, 93130, 93140, 93150,

Website

https://snipfeed.co/lattesandleases, https://www.lattesandleases.com/

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