Leveraging Different Vehicles In Your Real Estate Journey with Tonya Weathers Episode #177

We’re in the lab again to uncover Tonya Weathers’ multiple learning journeys — what we call experiments in our lab to evidently get to her investment end goal of becoming a multifamily syndicator. Tonya leveraged one property to another to get to her end strategy which is what we reinforce and encourage you to do in your own lab. Tonya’s mission has been to break the generational curse and has been able to accomplish this and share her success with others — predominantly minority women with her experience in short-term rentals, house hacking, multifamily investing, including her most recent project of flipping a home simultaneously. Today, she’s on a mission to catapult women and their families into financial freedom. Tonya is the founder of Breaking Curses: Real Estate Investing Academy, where she mentors women through 1-on-1 and group coaching. Her goal is to help women get a handle on their finances and understand why real estate is one of the most powerful tools in doing so. If you’re looking to leverage multiple strategies outside of real estate such as whole life insurance, self-directed IRAs to then leverage those into real estate opportunities such as Airbnb, flipping to then get to your end goal i.e. multifamily investing like Tonya, this episode is for you to see how one experiment can domino effect into another to get to your ultimate end goal. HIGHLIGHTS OF THE EPISODE: 3:27 - Tonya’s aha moment: Breaking the generational curse with real estate 41:35 - What is Whole Life Insurance? 57:34 - Investing on the moon KEEPING IT REAL: 17:03 - Experimenting with short-term rentals 20:31 - House hacking for beginners 25:41 - Selling for multifamily 28:40 - Going through learning journey phases 33:17 - Building a portfolio to get you into multifamily 36:45 - From employed and real estate investor 44:55 - Talking about infinite banking 46:57 - Leveraging your 401K 54:31 - Tonya to her younger self 1:05:13 - Mentor vs. coach NOTABLE QUOTES (KEY LESSONS): “Don’t be afraid to dream big…heck, maybe do some investing on the moon.” “Never invest in a 401K.” “Make your money work for you a little quicker and in a better vehicle than to let your employer only give you X percent which you probably can’t afford to match.” CONNECTING WITH THE GUEST Websites: https://www.tonyaweathers.com Instagram: https://www.instagram.com/tonyaweathers/ Email: [email protected] #Leverage #Journey #RealEstate