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Our mission is to support women to live a financially free and balanced life.

Mar 20, 2020

Financial loss can be tough especially when combined with a personal loss like a divorce. On today’s episode, we talk with Sonia Macias, a single mom who lost her entire portfolio, about how she went from surviving mode to striving mode to rebuild her wealth and inspire her daughters. 

We discuss the importance of helping yourself before helping others, transitioning from flipping to rentals, and how she was able to set herself up for success after such an impactful life event. Sonia also shares how she finds deals in today’s market and what it’s like being a single mom doing it all.

Sonia was born in Mexico City and was brought to the U.S. at 9 years old. She now resides in Omaha, Nebraska. Starting to work at a young age, Sonia learned the value of hard work and realized she wanted to do more with her life. After graduating college, Sonia married her high school sweetheart, had two daughters, climbed the corporate ladder in the banking industry, and built a real estate portfolio consisting of many flips and eight rentals. After 15 years of marriage, she asked for a divorce and lost everything they had built together.

Financially, she saw a 70% household income loss and knew she had to change things fast. To date, Sonia has done 5 flips and has acquired 4 rentals all in an effort to support her family and show her daughters that where there’s a will, there’s a way.

 

On today’s episode, we discuss a ton with Sonia, including:

–      How to transition from flipping to buy and holds

–      The importance of helping yourself before helping others

–      The difference between generating money and creating wealth

–      How to overcome an impactful life event and pivot from surviving to striving

–      How to find and analyze deals in today’s market

Books/Resources

The Every Dollar App by Dave Ramsey

Buy, Rehab, Rent, Refinance, Repeat by David Greene

Rich Dad Poor Dad by Robert Kiyosaki

The Richest Man in Babylon by George Clason

The Real Estate InvestHER Meetup – Omaha NE

Contact Information

BiggerPockets- Sonia Macias

Facebook – Sonia G. Macias

Instagram – 1guera2014

Looking for Funding? Ladies, you need to check out Fund That Flip!

We are excited to tell you about Fund That Flip, a company we are very proud to call our sponsor.

Fund That Flip is the leading provider of fast, convenient, affordable capital for experienced real estate investors who buy and rehabilitate residential properties. To date, they have helped hundreds of real estate investors grow their businesses by funding thousands of deals. You deal directly with them, getting your deal funded in as few as 10 days. 

85% of their customers come back to do more business with them because of their dedication to exceptional service. It’s why they were named No. 42 of Inc.’s fastest-growing companies in America.

 What do they fund?

·     Fix-and-flip

·     New construction

·     Buy and Hold Properties

·     Cash-out refinance projects from 1-4 units

Real Estate InvestHERs, Get $500 towards your next closing!

Check them out by visiting – www.fundthatflip.com/investher 

InvestHER Community

Our mission is to support and inspire women real estate investors around the globe 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 ask questions and receive the support they need. Our vision is to see all woman investors achieve her financial freedom goals on her own terms.

How To Join the InvestHER Movement  

1) The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves. 

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2)  InvestHER Community on Facebook 

We have 2k+ members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals! 

3) InvestHER Meetups Around the Globe

We have over 4k+ meetup members attending close to 25 InvestHER Meetups across the country and Canada. Meetups are being held monthly by experienced InvestHER Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Leader HERE!

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