23: Kendra Barnes on Turning Her $50K Mistake into Real Estate Mastery

Are you thinking about starting a short term or mid term rental? I have a free download for you- 10 Things you must do before before you host your first Airbnb guest. 10 Things To Do Before You Host Your First Airbnb Guest – Owning It & Living It In this episode, we’re joined by full-time real estate investor Kendra Barnes, founder of The Key Resource, for a powerful conversation on redefining success and creating generational wealth through real estate. Kendra takes us behind the scenes of her journey, from playing the CASHFLOW game to becoming a full-time investor. She reveals the pivotal moment that sparked her passion for real estate and the hard-earned lessons she learned from costly mistakes. KEY POINTS: - How Erika and Kendra met  - How CASHFLOW game influenced Kendra into real estate  - The value of learning about real estate education  - Challenges and mistakes in early investments  - The pivotal role of surrounding yourself with the right people  - Different rental strategies and new investors to set financial goals - Is real estate a passive income?  - The importance of starting with a manageable property  - A preview to ACRES book by Kendra Barnes  - What does owning and living mean to Kendra?  QUOTES: “People don't realize how much their environment shapes their mindset. It's one of those things where we just exist and we live; and we don't realize what we're like, what we're taking in [and] how much it influences our behavior, our belief, process, and everything.” - Erika Brown “Make sure that you're getting into real estate for you, and not because you saw this podcast and because I said it's amazing. Such a big part of the journey is making sure you're doing it, and setting a goal [that] is good for you.” –  Kendra Barnes GUEST RESOURCES:  Kendra Barnes - @thekeyresource  IG | @thekeyresource  [ORDER NOW!] Grab your copy of ACRES by Kendra Barnes — and learn more about the changing narrative around Black wealth in America at https://getyouracres.com/.  RESOURCES:  Did you miss The Owning It & Living It Experience 2024?? The OILI Experience is coming back in 2025!!! 🎟️ Don’t miss out! Join the waitlist now to be the first to know when the tickets drop- and snag an exclusive early bird discount. https://erikab.kit.com/0e77490fcc [FREE CONSULTATION] Looking to buy, sell, or invest in real estate in Atlanta? My team of expert, investor-friendly agents is here to help! Book a free 15-minute consultation with one of my agents today, and let’s figure out your next move together. [FB GROUP] Loving the podcast and want to connect with me and our incredible guests? Join the Owning It and Living It Facebook group! It’s your go-to spot for real estate tips, advice, and a supportive community of investors just like you. Join us today and let's take your real estate journey to the next level.  Erika Brown IG: @erikabrowninvestor LinkedIn: @erika brown Wealth Within Reach is produced by EPYC Media Network