EP 170: How this Full Time Nurse Manages Multifamily Syndications with Savannah Arroyo
Apr 30, 2021Look at the life you want to live five years from now. Will your current investing strategy get you there? On today’s episode, we talk with Savannah Arroyo, investor and registered nurse, on how to transition into multifamily syndication while working full-time.
When you work backgrounds from your end goal, there lays a blueprint of what actionable steps you need to take. We discuss with Savannah why she transitioned from single family rentals to syndicating multifamily properties, how to invest in real estate while working a full-time job, how to vet a property management company, and the most important question to ask a person you may have a working relationship with. Savannah also shares her experience with a coaching and mentorship program and why she felt that was a great decision as she grew her real estate business.
Savannah "The Networth Nurse" is a full-time Registered Nurse in Los Angeles, California. She uses her skills as a leader in healthcare operations to manage multifamily syndications. She also helps busy medical professionals create passive income through real estate investing. Her husband and she started investing in single family homes and quickly transitioned into multifamily after they learned about the opportunities to build and scale a business through multifamily with less risks and higher rewards. The couple completed a syndication in Oregon and are in the middle of another 24-unit syndication in Oregon. They have 2 young daughters (1yr and 3yr) and love spending time at the beach and in the outdoors. They are a very active family, striving for financial freedom so that they can spend a chunk of the year in Hawaii and other places throughout the country with their family.
On today’s episode, we discuss a ton with Savannah including:
- How to transition from single family rentals to value-add multifamily syndications
- Productivity tips to stay organized and streamlined when investing
- What she wishes she knew when she first started investing
- The mindset needed to excel in real estate
- How to move through mom guilt in order to create an amazing future for her family
Books/Resources
Think and Grow Rich by Napoleon Hill
Law of Attraction by Michael Losier
You Are a Badass at Making Money by Jen Sincero
Contact Information
Instagram – @thenetworthnurse
Facebook – The Networth Nurse
YouTube – The Networth Nurse
***
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
1. The Real Estate InvestHER Membership
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
We have thousands of experienced and newer community members in our free Facebook InvestHER Community group. This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals! Join here.
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!
Follow us on:
Facebook: @therealestateinvesther
Instagram: @therealestateinvesther
Take your business to the next level without losing your sanity!
Join STRIVE membership and get the support and accountability you need to take the next steps towards achieving your goals on your own terms