Ready to be inspired?  It's time for the Goddess Spotlight!

Each month I spotlight members of our community who are successfully building their real estate portfolios and are on their way to financial freedom. Some are relatively new, while others have been at it for a while. 

These goddesses invest in almost every niche imaginable, and they ALL have a lot of insight to share!

Today, I'm sharing my interview with Cheryl Fung - our Wealthy Goddess of the Month!


CLICK HERE TO VIEW HER INTERVIEW

Here’s a recap of what we talked about:

• Why she joined the Wealthy Goddess Program even after she'd already created financial freedom through real estate investing!
• The importance of having a sisterhood of support instead of "floating out there by yourself." 
• Why it's sometimes just as important to know what you don't want to do.  
• How she got into 4 deals in 4 different asset classes (all in the middle of a pandemic) diversifying and scaling.
• The importance of accountability in helping
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The active investor, sponsor, or syndicator (these terms are used interchangeably) is the person that is arranging a syndication. They bring together a group of investors to collectively purchase a property.

Typically, they will find the deal, structure it, enroll investors, arrange outside financing, and then manage the asset afterward.

A syndicator is not necessarily acting as a property manager, but they will need to manage the property manager(s) and other aspects of the deal (e.g., get insurance for the property, make sure that necessary rehabs are done, ensure taxes are done for the entities and K-1s are provided each year to investors, etc.)

If you're considering syndication, you don't have to do all of this yourself. You can partner with other syndicators and be a sponsorship team. I recommend this approach and this is how I do it myself. As a team, you split the responsibilities and the rewards.

NOTE: PRACTICE SAFE SYNDICATION.  Typically (at least in the United States)...

If you're in the States, I want to wish you a very Happy Thanksgiving. I want to say THANK YOU! I'm so grateful that you're along on this journey with me!

I firmly believe that real estate is one of the best ways to build wealth, and that women with wealth give back to their families, communities, and the world. Thank you for doing your part to make the world a better place!

As you enjoy your Thanksgiving feast (or not), remember that not much happens in the Real Estate Investment world in this period between Thanksgiving and New Years' Day.

After Thanksgiving, most sellers will wait until mid-January to put their properties on the market. Many of the insurers, lenders, contractors, lawyers. etc. go on their holiday breaks, so the timelines for closing deals and doing rehab slow way, way down.

It's a sleepy time for deals, but there are definitely things you can be doing. So what can you do to get ready to start making some/more money in real estate next year?

I have three suggest...

Andrew Carnegie said, “90% of millionaires become so through real estate. More money has been made in real estate than in all industrial investments combined.”

I know I preach a LOT about how important investing in real estate is to build generational wealth. I know I am always sharing how it has allowed me, and so many goddesses I know, to achieve real financial freedom. But it’s not just me who believes this to be true! People all around the world have created millions because they invested in real estate. They put their money in properties, homes, complexes, commercial buildings, etc and their money made them more money until they achieved the millionaire status that they enjoy today.

Here is a list of some of the female real estate investors who have had the greatest impact on the real estate industry: 

- Barbara Corcoran: Judge on Shark Tank + real estate investor.

Barbara Corcoran was committed to succeeding. At the age of 23, she quit her job as a waitress and borrowed $1,...