Okay, friends: HERE’s the PIVOT! I’m so excited! Since last year I have been researching how to help women build wealth without burning MYSELF out. It is what I need now, after all, in menopause. I REQUIRE good income, part-time work, ease & grace... Meeting with my own counselors & coaches, I began to see the light dawning… There is something I have ALREADY been doing ANYWAY for years. It is so easy, natural and fun for me, I didn’t even see it: Creating homes for people through real estate investing! We have unique circumstances. My husband is 22 years older than me, and we started investing late. We have both owned many properties over the years, but we have focused on real estate exclusively for his retirement over the last decade. The returns are higher for short time frames like ours than the socially responsible mutual funds normally I would recommend for folks my age(51). Also, we are “hands-on” people who tend to remodel and add value. The profit comes when we provide something nicer for someone than what existed previously. And that feels great! *We have done A LOT ALREADY to create nice homes for people: SIX renovations & flips that we sold at affordable prices, TWO rental units that we bought & renovated, ONE home we bought for someone we love, and we are now purchasing our THIRD “buy and hold” unit which will soon be renovated to add value. Out of the 10 transactions we have done, I have found 9 of them myself. *I LOVE researching real estate, creating spreadsheets, crunching numbers, making contracts with tenants, etc.(I do this all the time even when I'm not being paid, and love putting together "deals") *I have been a landlord/property manager in some capacity for 12 years, and am familiar with leases and Fair Housing laws. *I have always created welcoming space in homes, and when I turned 50, many of my friends said I had helped them find a home in some way!  "After" photo from a project in 2021: Paint, Pergo & New Kitchen Cabinets *I have served on the Ashland Housing Committee for 3 years studying the City’s process for supporting housing. *After the Almeda Fire destroyed thousands of homes in our area I worked for the non-profit Zone Captains helping connect people who lost their homes with home replacement grants. *We are mindful to support affordable housing~while we do midterm rental at our 2 unit so that we may keep it as a primary residence, we are leaning into longterm rentals for future projects in order to preserve housing for working people in our area. *We bought a mobile home for someone we love who had a health challenge and was experiencing housing insecurity. *We are super inspired by friends who maintain longterm affordable housing units, including Monique & Nick Lee who own 20 units and are now partnering with Age+ to provide affordable senior housing! *Significantly, all of my Vision Boards over 30 years have had homes in them. *AND…this gives me chills: someone once told me what our mothers were doing with us in the womb is a key to our life purpose. My Mom was LOOKING FOR A HOME and FOUND IT while pregnant with me! SO….the step to my next career move was right under my nose! Intriguing and amazing.
"After" photos from a project in 2022: Paint, Pergo, & New Furnishings. If you know me, you know I always love to teach and share what has helped me. I am now offering private coaching & group mentorships to teach women the general principles & strategies of real estate investing. During this process I help them shop for their next property, and make sure the numbers make sense. My 18 years of Money Coaching is an extra “tool” in my toolbox to help women do financial “fine-tuning” to get ready to make their next investing move. (And I am well versed in the "hoop-jumping" required for self-employed borrowers to get loans!) To be clear, I am NOT a realtor, though I love to work with realtors to close transactions! I am an investor and a coach. Please feel free to book a call or hop on my email list if any of this sounds interesting to you and thank you friends so much for your support! And if any investor-friendly real estate agents want to reach out, please do as well. It has always been my passion to see women prosper, and real estate is a great way to do that!
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Kathy KaliCoach. Teacher. Author. Speaker. Archives
March 2024
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