Nov 25, 2020
If there is anything that you
want to get done, you just have to put it on paper and start to
look for ways to make it happen
This episode is part 2 of my
conversation with The President of Talie Investment, Anette Talie.
Anette is an Architect by career who became a Multifamily Real
Estate Investor in 2011.
She is also the host of Deal
Closer and 3 Expert Tips Podcast. If you weren’t able to follow
this episode, please go back and listen to part 1.
Let’s jump right into Anette’s
fantastic success journey to financial freedom and learn more about
the mindset of financial independence.
[00:01 - 05:59] Make it Happen
- Anette shares her story about taking a
backpacking trip around the world for six months.
-
- She
talks about the process of deciding and convincing her husband to
do it.
- If
there is anything that you want to get done, you just have to put
it on paper and start to look for ways to make it
happen.
- Move
away the limiting beliefs that hold us back from doing what we
want.
-
- It is
normal to have fear, but it is important not to stay in
it.
- Ask
yourself, what’s the worst thing that will happen when things do
not go the way we want?
[06:00 - 16:30] Insights on Investment in These Pandemic
Situations
- Anette shares some insights for anyone who just
started to invest
-
- Calculate the numbers to make sure it
works
- Do
stress testing on how long you can survive with this property if
there is no tenant.
- Ensure all details when you do the analysis
(tax growth, renovation, etc.)
- It is
very important to underwrite or look at your deals with a little
bit more caution in these particular situations.
- Anette talks about using a modified calculator
to make sure that the numbers are making sense.
-
- Anette shares her experience with an unexpected
raise of tax in her duplex.
-
- Every
time you acquire something new, you learn something
new.
- We
live and learn; it is important to take the lessons and never do it
again.
- Anette talks about her strategy to get an
infinite return in cashing out a property in the long
run.
- Anette talks about taking HELOC (Home equity
line of credit) to your properties and keep the money
going.
-
[16: 31 - 23.01] Passing The Business Mind to the Next
Generation
- Anette shares how she got emerged in the
financial independence concept in the beginning
-
- Found
Suze Orman 'Women and Money’ book in Costco
- Got
the affirmation after she read Rich Dad Poor Dad Book by Robert T
Kiyosaki
- Anette talks about teaching our children the
right concept of money since they are at a young age.
- A
shift in parenting style to raise our kids with a business-oriented
mind
-
- College education does help but it is not the
only answer to success.
- The
harder and smarter you work, the more you are going to get in
life.
Tweetable Quotes:
“If there is anything that you
want to get done, you just have to put it on paper and start to
look for ways to make it happen.” - Anette Talie
“In these particular situations,
it is crucial to underwrite or look at your deals with a little bit
more caution.” - Anette Talie
“Every time you acquire
something new, you learn something new.” - Anette Talie
Resources Mentioned:
You can connect with Anette
on Facebook,
Linkedin, and you can
also visit her website at https://talieinvestments.com/
.
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