136: Real Estate Biz Q&A - Part 3: Strategies for Getting Started, Other Ways to Invest Your Money, How to List Your Properties, and the Challenges We’ve Experienced Along the Way

It’s the final episode of our 3 part series on real estate! We’ll have to do a part 4 sometime down the line with updates, but I hope you have absolutely loved these so far and learned a lot from them. If you’re new here and missed the first 2 episodes, highly recommend going back and listening to those as well. For context on us, we own 3 long term rentals in the Middle Tennessee area. We are far from being “real estate gurus” or anything remotely similar. We’re just regular people, who actually have other jobs outside of real estate investing, who are doing this on the side and learning along the way! Here’s the scoop on the questions we’re answering today: - I’d love to know more about how you’ve set it up as an LLC. We have one rental property that we have been renting for 7 years & we want to make the move to owning another in the next year or so, but we don’t have it set up as a separate business currently. - I’d also love to know the toughest / most challenging aspect of it so far, or something that came up that you didn’t expect. - How do you find tenants to rent your properties? - Have you considered two tenant properties? Why/why not? - Would love to know how you guys went about “studying/learning” about real estate. Books? Course? Google 😝 - Do you think real estate is the best place to invest your money? - When deciding where to invest money… What other options do you like outside of real estate? Links mentioned in this episode: - For all links mentioned, head to the full show notes at https://elizabethmccravy.com/136 - Learn more about my business at https://elizabethmccravy.com/ - Connect on Instagram and tell us what you think at https://www.instagram.com/elizabethmccravy/ If you're a new business owner who still doesn't have a website yet, I made something for you. It's a free 15-page guide that walks you through exactly what you need to launch your first website — what to skip, what actually matters, and the five steps to go from zero to live. No coding, no big budget, no perfection required. Plus you'll get 20% off my Showit templates inside! Get it FREE at https://elizabethmccravy.com/ Need some extra pages to improve or add onto your Showit website, BUT you’re not in the market for an entirely new template? You need my Add On Templates for Showit! You'll find add ons like speaker pages, podcast pages, quiz lead magnets, favorite things pages, Link in Bio pages, and more. Use the code “BBPOD”to save 15% on your add on or full site template for a limited time: https://elizabethmccravy.com/shop