EP 352: How to Approach the Cash Flow Issue in Today's Market with Nicole Rueth

biggerpockets cash flow entrepreneur generationalwealth investher investing investor investorrealestate market rates womeninconstruction womeninfinances womeninrealestate Mar 03, 2023

Welcome to ladies The Real Estate InvestHER Show! In this episode, we dive into how to approach the cash flow issue in today's market with special guest Nicole Rueth. Nicole is Senior Vice President of The Rueth Team powered by OneTrust Home Loans, and is personally committed to each client’s success story. As an owner of 24 investment properties, an avid educator, and with over 21 years of experience in the mortgage industry, Nicole has the highest level of expertise and passion for helping clients start down the path to financial security. The Rueth Team is dedicated to building multigenerational wealth through real estate and finding creative loan solutions. This driven focus on client success has earned Nicole and her team the distinction of being the #1 Lender in Colorado, listed in the top one percent of National Producers in Mortgage Executive Magazine, as well as being named a multi-year 5280 Magazine’s Five Star Professional.

Nicole joins us to share her 21 years of experience in the real estate industry. Nicole has made a name for herself by creating generational wealth and cash flow strategies in today's market. She dives into her criteria for buying properties, the strategies she and her husband used to help their kids buy their first property at a young age, and how to make decisions quickly to take advantage of good deals. This episode provides valuable insight into creating generational wealth and offers tips on how to get started with investments that align with long-term goals. You will gain knowledge on the importance of finding the right investment opportunities, setting expectations for investments, having grace when goals aren't achieved right away, and building relationships with mentors. Finally, Nicole reflects on two women who have inspired her - Oprah Winfrey and Michelle Obama - as well as sharing her own routines that help lead to financial freedom and balance in life.

Tune into this episode with Nicole for an inspiring conversation about real estate investing and achieving financial success through hard work and dedication.

Quotes

· “For this market, it is essential to make fast decisions. When that good deal comes online, you have to be able to make a good decision that you can capture that deal because we're definitely seeing more demand coming in the market.’” (07:22 – 07:46)

· “Plan your future. Talk about how you want your future to look. Create a vision so strong, it literally pulls you towards it." (08:22 - 08:31)

· “That is why generational wealth is crucial. When I bought that home with my kids, it became the largest learning opportunity they've ever had at age 21. Better than any school, because now they're dealing with finances, home maintenance, and tenant disputes”. (23:53 - 24:12)

· "Start expanding your learning. Start having conversations. Get your whole house together and have dinner, talk about what it looks like to invest, and then set expectations that you're not going to make all your money on the first one.” (29:40 - 29:54)

· "No matter when you hear this, now is the right time to buy because all you're doing by waiting is continuing to push off the opportunities that time gives us.” (30:51 - 31:03)

· "Investing requires creativity. And I think people have forgotten that. Even more now, you got to ask how can you add value and cash flow in today's market with current interest rates.” (33:17 - 33:39)

Connect with Nicole:

LinkedIn: https://www.linkedin.com/in/nicolerueth

Instagram: https://www.instagram.com/theruethteam/?hl=en

Facebook: https://www.facebook.com/theruethteam/

Website: https://www.theruethteam.com/

The Rueth Team Linktree: https://linktr.ee/theruethteam

Resources Mentioned:

· The Miracle Morning by Hal Elrod and Robert Kiyosaki

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