On today's episode we are joined by Rachelle Day. She founded her real estate investing company, Craft Property Solutions in 2020, focusing on ground-up construction of single family homes in Phoenix, Arizona.
Tune in as she shares how valuing diversification helped grow her passive side of the business, while also investing in buy and hold rentals and multi family syndications.
Rachelle enjoys creating win-win situations, helping others earn double-digit returns backed by real estate that is protected, secured, and insured. To date, Rachelle has raised over one million in private money, has completed over 5 million in transactions, and is expected to close another 8 million with the sales of her current 3 new build projects.
Get ready to build & share the wealth, let's dive in.
Episode timeline:
[00:00 - 04:33]
•We welcome Rachelle Day to the Quiet Wealth Podcast.
•How did her investing journey begin? Why did she want to be an investor?
[04:34 - 09:31]
•Rachelle on Long term rentals and why they pivot to tear down new builds?
•Living in Arizona and having rentals in Kansas but had never seen them.
[09:39 - 14:10]
• Flipping a house and then knocking it down and building a brand new one.
• Knowing the numbers renovating vs. building.
[14:28 - 18:38]
•Experience is better than winning or losing money.
•Does she still use their own money for their projects?
[18:45 - 23:47]
•Private lending and its benefits.
•Doing business with people that know what they're doing and with licenses.
[23:50 - 32:09]
•Rachelle advises women in their 50s wanting to start real estate investing.
•Led a women's investing group. What do her meetups look like?
•See you on the next episode.
Build Wealth | Create Impact | Leave A Legacy
Connect with Rachelle Day: https://www.linkedin.com/in/rachelleday/
https://www.facebook.com/craftpropertysolutionsllc
Episode Highlight:
"Really wanted to have that freedom. And we had looked at other businesses to maybe get into, but kept coming back to real estate investing because there was so much opportunity to build what you want, how you want, how it fits for your family or for you as an individual."-Rachelle Day
Are you ready to try passive investing in real estate? Get access to my FREE Passive Investing Masterclass! https://steadystreaminvestments.com/masterclass/
Follow us at
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Are you ready to try passive investing in real estate? Get access to my FREE Passive Investing Masterclass!
https://steadystreaminvestments.com/masterclass/
Follow us at
https://www.facebook.com/steadystreaminvestments
https://www.instagram.com/quietwealthcommunity/
https://www.tiktok.com/@quietwealth