Simplifying Real Estate Investing with Laura Navaquin
Jun 18, 2024In a recent episode of the podcast "Keep What You Earn," host Shannon sat down with real estate expert Laura Navaquin to discuss the ins and outs of real estate investing. Laura shared her journey from corporate America to the world of real estate investing and mentoring others in the field. Through her personal experience, Laura emphasized that real estate investing is more accessible than many people think and does not necessarily require a significant amount of money to get started.
Laura's story began in 2015 when she and her husband decided to explore real estate investing. Despite initial hesitations and financial constraints, they took a leap of faith and enrolled in a training program that equipped them with the knowledge and confidence to kickstart their real estate journey. They started with wholesaling, a strategy that allowed them to connect motivated sellers with interested investors without actually owning the properties themselves. This approach showcased the power of networking and leveraging relationships in the real estate market.
One of the key takeaways from Laura's journey is the importance of building a strong network and actively seeking off-market properties. She highlighted the value of attending events, joining online communities like BiggerPockets, and establishing relationships with wholesalers and investors. By immersing themselves in the real estate market and continuously learning and adapting, Laura and her husband were able to grow their portfolio and achieve their financial goals.
Wholesaling, as explained by Laura, offers a low barrier to entry for individuals interested in real estate investing. It allows aspiring investors to focus on networking and deal-making rather than property renovations and management. By understanding the principles behind wholesaling and honing negotiation skills, anyone can potentially enter the real estate market and start building wealth through strategic transactions.
Moreover, Laura addressed common challenges faced by individuals looking to start their real estate journey. Many aspiring investors often feel overwhelmed by the perceived complexity of finding and financing properties. Laura's approach to simplifying the process involves educating mentees on different methods of property sourcing, emphasizing the importance of building relationships in the industry, and exploring creative financing options. By breaking down these barriers and providing practical guidance, Laura empowers others to take the first step towards real estate investing.
Through her mentorship and community-building efforts, Laura continues to inspire and guide individuals who are eager to explore the world of real estate investing. By sharing her knowledge, experiences, and insights, she helps demystify the real estate market and encourages others to pursue their financial goals with confidence.
In conclusion, Laura Navaquin's real estate journey exemplifies the power of perseverance, networking, and continuous learning in the realm of investing. Her transition from corporate America to a successful real estate investor and mentor showcases that with dedication, resourcefulness, and the right guidance, anyone can embark on a rewarding path to financial growth and success in the real estate market.
Laura Navaquin transitioned from corporate America to focus on personal business endeavors in 2023 notably expanding the Inspire Her foundation and mentoring aspiring real estate investors. Through speaking engagements, Laura inspires others to pursue their dreams, emphasizing the importance of mindset in achieving success.
Website: www.lauranavaquin.com
LinkedIn: https://www.linkedin.com/in/lauranavaquin/
Instagram: https://www.instagram.com/lauranavaquin
What you'll hear in this episode:
04:18 Reevaluated priorities, transitioned to new opportunities in 2023.
08:39 Hesitant about investment, but ultimately convinced.
12:17 Started with personal funds, expanded real estate portfolio.
15:55 Teaching methods for finding off-market properties.
19:28 Sell home contract, leverage relationships, assign contract.
21:55 Networking key in real estate investment strategy.
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