EP 143: From Bankruptcy (Twice) to $1.4 Million In Income Producing Properties with Jennifer Grimson
Oct 30, 2020You do not need to start with a ton of money to build your own real estate empire. On today’s episode, we talk with Jennifer Grimson, about her journey from bankruptcy to financial independence and how she was able to move through crisis to reach her goals.
Jennifer has created over $1.4 million in income producing investments while working a full-time job. We discuss how perseverance and grit helped Jennifer overcome challenges, why she ultimately chose to be a passive investor instead of an active one, and the three numbers she’s always has in her head to make sure she’s on the right track to financial freedom. We also talk about how success comes from being comfortable with the uncomfortable.
Jennifer Grimson was a single mother who twice found herself broke and hopeless. The second time, she rebuilt by creating small “empires” for financial independence. She created over $1.4M in income producing investments with a W2 and some grit. In 2019, Jennifer created the Micro Empire Podcast to share her story and to pull back the curtain on the path to financial independence. She invests in three short term rentals, multifamily, and businesses.
On today’s episode, we discuss a ton with Jennifer including:
- What a micro empire is
- How to rebuild after going broke twice
- The three steps to get you through a crisis
- Why it’s important to know what wealth means to you
Books/Resources
The Only Woman in the Room Compiled by Ashley Wilson
The Gift of Fear by Gavin de Becker
Women Don’t Ask by Linda Babcock
Contact Information
Instagram – Jennifer Grimson
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InvestHER Community
The Real Estate InvestHER® is more than a community - it is a movement. Our mission is to empower women in real estate to live a financially free and balanced life. We are dedicated to creating empowering online and in-person communities where women have a non-intimidating environment to receive the support, knowledge, and accountability to live life on their own terms.
How To Join the InvestHER Movement
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This one-of-a-kind membership offers women investors a supportive community and a step-by-step roadmap to create a steady recurring income to live life on their own terms. Members receive custom content that specifically helps them wherever they are on the path to financial freedom, on-demand and live events that fits into their busy schedules, and mentorship and accountability to propel them to take their business to the next level while taking care of themselves in the process. Join here.
2. The Real Estate InvestHER Podcast
The weekly show that has been downloaded hundreds of thousands of times across the globe details the journey of the most amazing women real estate investors, who open up their lives and share practical and strategic tools for building wealth, becoming financially free, and the mindset to balance it all.
3. InvestHER Community on Facebook
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4. InvestHER Meetups Around the Globe
We have thousands of Meetup members attending dozens of InvestHER Meetups across the country and Canada. Meetups are being held monthly by experienced InvestHER Meetup Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Meetup Leader HERE!
5. Amazon Bestseller: The Only Woman in the Room by Ashley Wilson
Twenty incredible women share how they were able to achieve financial freedom in a world historically dominated by men. From residential to commercial, this book is packed full of knowledge and inspiration on all facets regardless of where one is in their real estate investing journey. Our passion behind this book is to help women secure a financially strong future especially during these unprecedented and uncertain times.
“Throughout my career there were multiple occasions where I have stood as the only woman in the room. This powerful book is a must read and I only wish it had been available early on in my career!”
-Barbara Corcoran (Founder of The Corcoran Group)
Click here and get your copy TODAY!
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