🤯 Monica went from $200K Bad Debt & Family Breakdown to owning her Home Debt-Free plus another FIVE Investment Properties - in just over THREE years!
❤️ She's one of the most inspirational and hard working women I know.
🎓 When things were most bleak, with no one to help her, Monica Salazar, an accountant, decided to get deeply educated.
🏘️ She scraped together some capital, and bought her first investment property. Then another. Then another. Then another. Till she got six properties.
💪 Constantly overcoming, side stepping and jumping over borrowing capacity hurdles.
💰 She added value to her properties, bought below market value, through methods no one else does.
💸 Now she's onto her next phase of financial freedom.
💡 In this episode she shares her entire story with the hope it will provide a beacon of hope to others in her situation.
🙏 Anyone who is financially down, out of luck, new to real estate or new to the country will find immense value from her words.
0:00 - Introduction
2:05 - Monica’s story before property investing.
11:31 - Monica’s journey into real estate.
18:05 - Monica’s first property investment.
19:50 - Property renovation with only 3,000 dollars
23:21 - Monica’s renovation process (Sweat equity).
27:00 - What gave Monica the confidence in Property Investment?
30:30 - How did Monica educate herself on property investment?
34:47 - Monica’s negotiation with the bank.
36:33 - Monica used her pain of debt to push herself
38:38 - How to buy a property with a Deposit Bond?
41:45 - Fake it till you make it!
44:40 - Monica’s relationship with her bank.
47:32 - How did Monica pay off her debt using a property investment?
51:10 - Monica’s source of inspiration.
54:53 - Monica’s future purpose.
57:16 - Conclusion
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12 авг 2024
