091 » How You Can Definitely Start an REI Business and Find Loads of Success in Virtual Deals » Gena Horiatis




Real Estate Investing Mastery Podcast show

Summary: In this episode, Alex Joungblood and I are talking with an awesome investor, Gena Horiatis, who is killin’ it in multiple virtual market. With not a lot of women in REI, Gena took the bold move – and had the courage – to jump in. She saw REI as a terrific opportunity instead of a men’s-only, intimidating club. And she talks about her inspiration for starting as a real estate investor – and it’s something that might actually surprise you. Gena has certainly learned a ton throughout her years, and her main takeaway is that you can’t simply read an REI book or take a course, you have to take action and implement what you’ve learned. She also talks about why goals are so important and how she had to go through a mental mind shift to appreciate that idea, and how she banished negativity from her life. This episode is really packed with tons of awesome info; we really covered a lot of topics. I know you’re going to love this one. So, get to it! Listen and enjoy: What's inside: 4:25 – Why REI gurus are necessary and helpful 6:30 – How Gena got started in REI 13:00 – Why you should give investors who teach (more than they actually do deals) a break 22:21 – How Gena moved past being overwhelmed when starting out 27:58 – Why Gena recommends wholesaling to those who are just getting started in REI 30:31 – How Gena decides to wholesale a prop versus to buy and hold it 34:35 – What kind of team Gena has in place that allows her to do loads of virtual deals 38:30 – Gena’s process when updating the interior of a house for a deal 44:23 – Why direct mail is still a big, useful marketing tool 50:28 – Gena’s thoughts and advice for other women investors 58:53 – How Gena answers Joe’s interesting hypothetical scenario question 1:04:16 – Gena’s final thoughts Mentioned in this episode: <a href="http://WWW.1800fairoffer.com" target="_blank">1 800 Fair Offer</a> <a href="http://www.onehourleads.com" target="_blank">1 Hour Leads</a> Gena’s website <a href="http://www.victoryventuresbuyshouses.com" target="_blank">Victory Ventures Buys Houses</a> <a href="http://www.deangraziosi.com" target="_blank">Dean Graziosi</a>’s website <a href="http://www.hiremymom.com" target="_blank">Hire My Mom</a> <a href="http://www.collegenanniesandtutors.com/nanny/" target="_blank">College Nannies</a> <a href="http://www.care.com" target="_blank">Care</a> <a href="https://www.facebook.com/groups/realwomenrockinrealestate/" target="_blank"> Gina's Women in Real Estate Facebook Group</a> Tweetables:  [Tweet "Being an educator makes you a better investor; teach others &amp; keep learning from mentors AND students"] [Tweet "You MUST implement what you’ve learned from REI books &amp; courses or its all a worthless education"] [Tweet "I see nothing wrong with going after the REI money so you can do more good in the world"] Transcription: <a href="http://www.realestateinvestingmastery.com/wp-content/uploads/2015/01/091-REIM-How-You-Can-Definitely-Start-an-REI-Business-and-Find-Loads-of-Success-in-Virtual-Deals-.pdf" target="_blank">Download episode transcript in PDF format here...</a> Joe:                  This is the Real Estate Investing Mastery podcast… So guys, we have a great guest on today, Gena Horiatis. And, I met Gena about a week or two ago. I was speaking at the local St. Louis Association of Real Estate Investors. And, it was a good group and I was talking about wholesaling lease options. And, Gena happened to be there because she was in town. You live on the... in Portland, Seattle... somewhere over there, right? Gena:              Yeah, I'm in the suburb of Seattle. Joe:                  Okay, good. And, you were in St. Louis to teach a class of wholesalers, right? Gena:              Yeah, brand new investors and it focuses on wholesaling. Joe:                  Great. So, we're going to get in your story here in a little bit. But,