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Kerry Lutz's--Financial Survival Network

May 26, 2022

Real estate rates are going up and sales are going down—is this opportunistic or problematic for making money in this market? I have Farrah Ali, author of Diaries of a Female Real Estate Investor, on the show to discuss this topic. She reassures us about the real estate industry at this point in time, emphasizing that there is always money to be made whether the markets are moving up or down. Tune in for tips on how to maximize cash flow in the current state of the market, and to learn about helpful resources for getting started in real estate

-Farrah owns 41 rentals locked in at 30 year fixed rates; her cash flow is not being affected, but moving forward, increasing interest rates make payments higher
-Rents are also increasing
-She is currently working on Airbnb models—you can take advantage of the area and property type
-There’s always money to be made whether the market is moving up or down
-Her book, Diaries of a Female Real Estate Investor, was named one of the top 100 real estate books
-It is a motivational and informational piece for anyone that wants to get started in real estate—giving tips on how to scale up, where to get the money, etc.
-You have to believe in yourself and persevere; there are going to be roadblocks, but it’s important not to immediately give up
-It’s also critical to have a good mentor, who has encountered success in the industry many times

Useful Links:
Financial Survival Network
Diaries of a Female Real Estate Investor
Farrah Ali