August 20, 2014 in Investing In Real Estate, Successful Women in Real Estate Investing
We Live Outside Our Comfort Zone
I'm happy to have my friend Rachel Hernandez the “Mobile Home Gurl” in the spotlight today for the 7th part of this series, “Successful Women in Real Estate Investing”.
Rachel is an expert in the mobile home expert. She tried other strategies, but found that this particular one was a perfect fit for both her investing goals and the lifestyle business she was creating for herself. She is a full time investor, a wife and the mom of an adorable daughter.
If you missed the podcast I did with Rachel a while back, you can listen to that here …..
The 4 Questions
What made you choose the niche you invest in today? Read the rest of this entry →
December 6, 2012 in Books and Book Reviews
I have a book review today that is about an investing strategy most of us know very little about; the niche of Mobile Homes. What I found out in reading Rachel’s book is that she covers everything anyone would need to know to get started with this particular investing strategy.
Choosing a Strategy
When most of us are just starting out and we are trying to figure out which strategy is right for us, we generally try a couple of different ones before we find “the one” that is right for us. I have said it before; I really believe that a strategy chooses us. You will find one (or more) that seem to fit perfectly with your experience, your goals and the lifestyle you want to create.
This is exactly what happened to Rachel. She had a vision of what she thought she wanted her business to look like; a large portfolio of single family homes. While she was certainly successful at this, it just didn’t provide her with the lifestyle she wanted. Being a landlord is not easy. It’s time consuming and can be very costly especially when the tenants move out unexpectedly leaving behind a lot of damage. For some folks like Rachel (and me), being a landlord was just a miserable experience.
Rachel’s Quest for Passive Income Read the rest of this entry →