2. Debt free real estate investors, helping tenants find affordable housing, 3 kids and 5 recessions later | Dan & Liz from Mindful Money Coaches
Episode description
YAS. The first real episode. I was beyond excited to bring you guys some expert knowledge from the power couple behind @mindfulmoneycoaches, Dan & Liz! I had to have these two amazing individuals on, as they were the best mentors I could have asked for as we walked through our first few deals. We talk about risk, the first steps they took when Corona Virus hit, how to protect yourself in a downturn, and how their relationship with debt has evolved over their investing career. They have been through 5 market downturns, and their use of debt evolved through this time (all while having 3 babies!). They currently own 17 SFHs, and have reached FI.
MY FAVORITE part of this whole interview is the part where Dan & Liz dish about a big secret they are glad they did not have to share with Dave Ramsey. These two are so real, and I love it.
Okay, I have two favorite parts. They also take us on a deep dive into seller financing. And somehow make it all seem so less complicated. They talk through their first two seller financing deals, and the specific types of sellers you want to find, who may WANT seller financing. Hint: They may be at your local bingo halls.
We talk about how to treat your tenants right, and how proactive landlording approaches can really pay off down the road. You will hear them talk about the impact of Corona Virus today, which is the topic at the forefront of most people's minds in 2020. If you want to learn ever more about Dan & Liz, check them out on Instagram or their website. Enjoy!
LEARN MORE:
Life Coach School Podcast (Liz is a trained life coach!)