From Navy Aircraft Carrier to Successful Rehabber with Beka Shea – “The Best of the Best Show”
My guest today is a successful rehabber, Beka Shea. Beka is a wife and the mother of 3 daughters. She is an engineer by trade.
Beka also spent 4 years in the Navy. Part of that time was spent on an aircraft carrier so she has an interesting story to tell when it comes to how she transitioned from the Navy to become a successful rehabber.
If you're wondering how to make the decision to ditch the “9 to 5”, you will hear how Beka took a leap of faith and dove headfirst into entrepreneurship.
I talk a lot about the importance of building a lifestyle business. At the end of the day, having the lifestyle you are passionate about living is what drives so many investors. It certainly plays a big part in the day-to-day decisions that we make.
So How does a successful rehabber scale their business?
Once you are finding properties on a regular basis, how do you scale your business and build a team? Learn how Beka started from ground zero to doing 39 rehabs in her 4th year of business. Make no mistake, it all started with buying her first property.
Quotes
“At the end of the day, having the lifestyle you are passionate about living is what drives so many investors”.
“You have to be a self-starter to succeed as an entrepreneur”.
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About Beka
I'm the youngest of 4 daughters and I grew up in rural Pennsylvania. I've always been an exuberantly tenacious person, setting stretch goals and moving on to the next one. I went to college at WPI for Mechanical Engineering on an ROTC scholarship, then I spent about 4 years in the Navy.
After that, I put my engineering degrees to use working for an Energy Efficiency company out of Boston for 7 years. When my 3rd daughter was born, I decided to spend less time traveling and more time at home.
We bought our first rehab, which was a hoarder house that we essentially gutted, and I was hooked. Making ugly things pretty is my favorite. The first year I flipped 3 houses, the second year I flipped 6, and then I moved up to one flip a month and started building out a team to support that. This year we're on track to do 15 flips and about 20 wholesales, as well as venturing into the rental arena.
As an aside – It's crazy that I always feel like the little fish because I keep moving to bigger ponds. If you had told me 3 years ago where I would be now, I would not believe it. But here I am, and it still doesn't feel like “enough”! 🙂
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This blog which was originally published in 2018 has been updated.
I'm the youngest of 4 daughters and I grew up in rural Pennsylvania. I've always been an exuberantly tenacious person, setting stretch goals and moving on to the next one. I went to college at WPI for Mechanical Engineering on an ROTC scholarship, then I spent about 4 years in the Navy.
That’s quite the story. I hope that Beka continues to enjoy success in all of her endeavors.
She’s doing great Gabe. Thanks for listening.