Quiet Wealth

Investing in Your 60s with Chat Sarmiento-Steinweld | Episode 54

March 02, 2023 Camilla Season 1 Episode 54
Quiet Wealth
Investing in Your 60s with Chat Sarmiento-Steinweld | Episode 54
Show Notes

Join us on today's episode as we chat with Chat Sarmiento-Steinwald, a multifamily syndicator and investor who believes in facing fear head-on to achieve success. After her husband's sudden passing, Chat turned to real estate investing as a means of financial stability. With dedication, education, and networking, she worked her way up to become a general partner and invested in over 400 units. 

On this episode, we discuss how Chat brings value to her team, her approach to underwriting large syndication deals, and the questions to ask when choosing a team. Born and raised in the Philippines, Chat immigrated to the US armed with a degree in accounting and a fearless drive for the American dream. Today, she loves to travel, give back to the community, and is actively involved in the multifamily real estate industry.

Get ready to build & share the wealth, let's dive in.
 

[00:00 - 07:46] 
• We welcome Chat Sarmiento-Steinweld to the Quiet Wealth Podcast.
• Chat on her remarkable investing story on how she became a real estate investor.
 
 [07:50 - 11:49]
• Leasing her house and the struggles of getting a problematic tenant.
• How she discovered multifamily investing. 
• Her take on Luck vs Calculated Risk.
 
[13:03 - 18:06] 
• Having a low-risk tolerance at her investing stage, wanting more manageable risk.
• What made her obsessed with educating herself to understand money and finances? 

[18:18 - 23:48] 
• On the deals that she takes does she go for an active or passive investor? And how did she decide on them?
• How did her confidence level evolve over time with investing and running her own money?
  
[23:55 - 34:12] 
• The story of how I met Chat for the first time at a multi-family real estate investing conference.
• Chat's advice to other women who would want to start in real estate investing today.
•Study, study, study and take action is a good strategy to really get started.  

 Build Wealth |  Create Impact | Leave A Legacy

 Connect with Chat Sarmiento-Steinweld:
https://www.instagram.com/chat.sarmiento.steinwald/
https://www.facebook.com/Chat.SarmientoSteinwald
chasteinvestments@gmail.com                                             

Episode Highlight:

"The only way for me to gain confidence is to achieve competence. And by achieving competence, the only way to achieve competence is studying." -Chat Sarmiento-Steinweld

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/quietwealthcom

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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

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