Fear you’ll never invest in real estate because you’ve been dealt a bad hand? Today’s guest had a struggling business, a $70,000 tax lien, a pending divorce, and was on the brink of bankruptcy, but through hard work and persistence, she was able to completely flip her circumstances. Now, she owns a real estate portfolio of cash-flowing rentals, despite starting in her 50s!
Welcome back to the Real Estate Rookie podcast! Beth Smart is the ultimate real estate success story. Despite juggling a recent divorce and a mountain of debt, all while taking care of two toddlers, she found a way to climb out of the financial hole she was in. And she didn’t slow down once she was back on her feet. From there, Beth figured out how to build real wealth with rental properties—dabbling in everything from short- and medium-term rentals to long-term rentals and even a few messy house flips!
In this episode, Beth talks about the bulletproof mindset that helped her rebuild her life, the exact moment she realized she was an actual real estate investor, and the strategies she used to snowball from one property into the next!
Ashley:
If you’re sitting there thinking you can’t get started in real estate because life’s too hard or you have this going on or you can’t do it, today’s story is with Beth and she’s going to provide you the motivation and inspiration to know that you can do it. At one point in time, Beth was going through divorce, had a struggling failing business, had $70,000 in IRS debt and on the verge of bankruptcy, but she made it out and she ended up getting her first real estate deal.
Tony:
And in today’s episode, Beth is giving us not only how she got out of that very precarious and difficult situation, but how she built a cashflowing real estate portfolio that includes flipping, long-term rentals, mid-term rentals and short-term rentals all in the span of a few years. So if you want the tactical guide along with the motivation, then this…