40. How to Know Your Risk Tolerance Before Investing in Real Estate

40. How to Know Your Risk Tolerance Before Investing in Real Estate

Send us Fan Mail [https://www.buzzsprout.com/2542604/fan_mail/new] What if the biggest risk in real estate investing isn't the market—but choosing a strategy that no longer fits your life? In this episode, Violeta and Lindsay have an honest conversation about one of the most overlooked parts of building wealth through real estate: understanding your personal risk tolerance. As both of them navigate major life transitions, they share how they're reassessing their investment goals, evaluating new opportunities, and making decisions that align with the lives they want to build—not just the returns they hope to earn. Rather than offering a simple checklist, they invite listeners into the real conversations they have behind the scenes. By thinking out loud, they walk through how they evaluate potential investments, balance financial security with growth, and determine when taking on more risk makes sense—and when it doesn't. Throughout the episode, Violeta and Lindsay discuss why risk tolerance isn't fixed but evolves with experience, financial stability, and life circumstances. They explore how changes like leaving a W-2 job, starting a family, changing careers, or pursuing entrepreneurship can completely reshape the types of investments you're comfortable making. They also explain why comparing your investing journey to someone else's can lead to poor decisions and how building confidence over time allows you to gradually take on larger opportunities. Whether you're buying your first rental property, considering a new investment strategy, or simply trying to decide if now is the right time to invest, this episode will help you think beyond numbers and focus on building a portfolio that matches your goals, lifestyle, and peace of mind. Before making your next investment decision, tune in for a candid behind-the-scenes look at how experienced investors evaluate risk, adapt to changing seasons of life, and create long-term wealth without sacrificing what matters most. Links Mentioned: Free Latinas in Real Estate Community [https://www.skool.com/real-estate-jefas-9075/about] Real Estate Starter Kit [https://moneychisme.kit.com/rei-starter-kit] Support the show [https://www.buzzsprout.com/2542604/support] Join my Latina Real Estate Investors Community (FREE) https://www.skool.com/real-estate-jefas-9075/about [https://www.skool.com/real-estate-jefas-9075/about] Get my FREE Real Estate Investing Starter Kit https://moneychisme.kit.com/rei-starter-kit [https://moneychisme.kit.com/rei-starter-kit] Property Management made easy with RentRedi https://app.rentredi.com/signUp/AOK400?utm_medium=copylink&utm_campaign=referralShare [https://app.rentredi.com/signUp/AOK400?utm_medium=copylink&utm_campaign=referralShare] Manage Your Funds with BASELANE Banking https://invite.baselane.com/Violeta84614 [https://invite.baselane.com/Violeta84614] Follow us on Social Media https://www.instagram.com/money_chisme/ [https://www.instagram.com/money_chisme/] https://www.instagram.com/lindoesinvesting/ [https://www.instagram.com/lindoesinvesting/] Disclaimer: We are not financial advisors. The information contained in this video is for entertainment purposes only. Please consult a licensed professional before making any financial decisions. Affiliate links: I may earn a small commission when you click on the links at no additional cost to you. This helps me provide you with free content, like this podcast! You can read my full disclaimer here: ... [https://moneychisme.com/privacy-policy/]

39. Why This Airbnb Arbitrage Business Failed in the First Month (And How to Avoid It)

Send us Fan Mail [https://www.buzzsprout.com/2542604/fan_mail/new] What if Airbnb arbitrage seems like the perfect way to get into real estate—until everything falls apart in the very first month? In this episode, Violeta and Lindsay break down one of the most talked-about real estate investing strategies: Airbnb arbitrage. They explain how the model works, why it's become popular among new investors, and the advantages of getting started without purchasing a property. But they also reveal the hidden risks that many beginners overlook before jumping in. Using a real-life story from someone in their community, they walk through how an Airbnb arbitrage business went from exciting new venture to complete shutdown in just a matter of weeks. After investing thousands of dollars furnishing two rental units, one guest's reckless behavior led the landlord to terminate the lease, leaving the new investors without a business and scrambling to recover their losses. Throughout the conversation, Violeta and Lindsay unpack the biggest lessons from the experience, including the dangers of shiny object syndrome, why proper planning matters more than speed, and how borrowing money before validating a business model can increase your financial risk. They also discuss the importance of screening guests, understanding local regulations, preparing for unexpected setbacks, and treating short-term rentals like a real hospitality business rather than passive income. Whether you're considering Airbnb arbitrage, exploring your first real estate investment, or simply looking for ways to build wealth with less capital, this episode offers a balanced look at both the opportunities and the challenges of this strategy. Before signing your first lease or furnishing your first Airbnb, tune in for practical advice, real-world lessons, and the questions every aspiring short-term rental investor should ask before getting started. Link Mentioned: Free Latinas in Real Estate Community: https://www.skool.com/real-estate-jefas-9075/about Support the show [https://www.buzzsprout.com/2542604/support] Join my Latina Real Estate Investors Community (FREE) https://www.skool.com/real-estate-jefas-9075/about [https://www.skool.com/real-estate-jefas-9075/about] Get my FREE Real Estate Investing Starter Kit https://moneychisme.kit.com/rei-starter-kit [https://moneychisme.kit.com/rei-starter-kit] Property Management made easy with RentRedi https://app.rentredi.com/signUp/AOK400?utm_medium=copylink&utm_campaign=referralShare [https://app.rentredi.com/signUp/AOK400?utm_medium=copylink&utm_campaign=referralShare] Manage Your Funds with BASELANE Banking https://invite.baselane.com/Violeta84614 [https://invite.baselane.com/Violeta84614] Follow us on Social Media https://www.instagram.com/money_chisme/ [https://www.instagram.com/money_chisme/] https://www.instagram.com/lindoesinvesting/ [https://www.instagram.com/lindoesinvesting/] Disclaimer: We are not financial advisors. The information contained in this video is for entertainment purposes only. Please consult a licensed professional before making any financial decisions. Affiliate links: I may earn a small commission when you click on the links at no additional cost to you. This helps me provide you with free content, like this podcast! You can read my full disclaimer here: ... [https://moneychisme.com/privacy-policy/]

38. How to Know When It's Time to Sell a Rental Property

Send us Fan Mail [https://www.buzzsprout.com/2542604/fan_mail/new] What if holding onto a rental property is actually keeping you from reaching your financial goals? In this episode, Violeta and Lindsay tackle one of the toughest questions real estate investors face: Should you keep an underperforming rental property, or is it time to let it go? Using a real question from a community member, they break down how to evaluate whether a property is still serving your long-term goals—or quietly draining your finances. Violeta shares the personal story of walking away from three investment properties despite others telling her to hold on, while Lindsay offers practical strategies for weighing your options before making a big financial decision. Together, they explore the emotional side of letting go, the importance of staying focused on your investing goals, and why sometimes selling isn't a sign of failure—it's a strategic move that creates new opportunities. The conversation also covers how rising property taxes, negative cash flow, debt payoff goals, and changing life circumstances can all impact whether a rental property still deserves a place in your portfolio. Rather than relying on emotions or the fear of missing out, they explain how to make decisions based on numbers, strategy, and the future you want to build. Whether you're struggling with an investment that's no longer performing, trying to become debt-free, or wondering if it's time to pivot your real estate strategy, this episode provides a practical framework for making confident decisions. Ready to decide whether your rental property deserves another chance—or it's time to kick el tóxico to the curb? Tune in for actionable advice, real-life investing lessons, and the questions every landlord should ask before making their next move. Support the show [https://www.buzzsprout.com/2542604/support] Join my Latina Real Estate Investors Community (FREE) https://www.skool.com/real-estate-jefas-9075/about [https://www.skool.com/real-estate-jefas-9075/about] Get my FREE Real Estate Investing Starter Kit https://moneychisme.kit.com/rei-starter-kit [https://moneychisme.kit.com/rei-starter-kit] Property Management made easy with RentRedi https://app.rentredi.com/signUp/AOK400?utm_medium=copylink&utm_campaign=referralShare [https://app.rentredi.com/signUp/AOK400?utm_medium=copylink&utm_campaign=referralShare] Manage Your Funds with BASELANE Banking https://invite.baselane.com/Violeta84614 [https://invite.baselane.com/Violeta84614] Follow us on Social Media https://www.instagram.com/money_chisme/ [https://www.instagram.com/money_chisme/] https://www.instagram.com/lindoesinvesting/ [https://www.instagram.com/lindoesinvesting/] Disclaimer: We are not financial advisors. The information contained in this video is for entertainment purposes only. Please consult a licensed professional before making any financial decisions. Affiliate links: I may earn a small commission when you click on the links at no additional cost to you. This helps me provide you with free content, like this podcast! You can read my full disclaimer here: ... [https://moneychisme.com/privacy-policy/]

37. How We Renovated Our First Rental Property as a Couple (Lessons We Wish We Knew)

Send us Fan Mail [https://www.buzzsprout.com/2542604/fan_mail/new] What if your biggest obstacle to investing wasn't the market—but getting your spouse on board? In this episode, Violeta is joined by her husband, Dave, for an honest conversation about what it's really like building wealth as a couple. From meeting as rivals in the Navy to tackling their first hands-on rental renovation together, they share the highs, frustrations, and lessons that come with investing side by side. For years, Violeta handled the investing while Dave watched from the sidelines, skeptical of buying properties sight unseen and trusting property managers hundreds of miles away. But after relocating to Texas and taking on their first local rehab, Dave experienced firsthand what it actually takes to transform a distressed property into a cash-flowing rental. They pull back the curtain on the realities of renovating an investment property—from uncovering hidden termite damage and unexpected electrical issues to watching a $3,000 renovation budget balloon to nearly $20,000. Along the way, they discuss how dividing responsibilities based on their strengths helped them navigate difficult decisions, manage conflict, and finish the project stronger than ever. The conversation also dives into the importance of communication, trusting your partner's vision, negotiating with contractors, and learning that successful real estate investing is about far more than crunching numbers—it's about teamwork. Whether you're investing with your spouse, considering your first rental property, or wondering if DIY renovations are really worth it, this episode offers an honest look at the challenges and rewards of building wealth together. Ready to turn your partner into your greatest investing teammate? This episode is full of practical lessons, relatable stories, and plenty of laughs along the way. Support the show [https://www.buzzsprout.com/2542604/support] Join my Latina Real Estate Investors Community (FREE) https://www.skool.com/real-estate-jefas-9075/about [https://www.skool.com/real-estate-jefas-9075/about] Get my FREE Real Estate Investing Starter Kit https://moneychisme.kit.com/rei-starter-kit [https://moneychisme.kit.com/rei-starter-kit] Property Management made easy with RentRedi https://app.rentredi.com/signUp/AOK400?utm_medium=copylink&utm_campaign=referralShare [https://app.rentredi.com/signUp/AOK400?utm_medium=copylink&utm_campaign=referralShare] Manage Your Funds with BASELANE Banking https://invite.baselane.com/Violeta84614 [https://invite.baselane.com/Violeta84614] Follow us on Social Media https://www.instagram.com/money_chisme/ [https://www.instagram.com/money_chisme/] https://www.instagram.com/lindoesinvesting/ [https://www.instagram.com/lindoesinvesting/] Disclaimer: We are not financial advisors. The information contained in this video is for entertainment purposes only. Please consult a licensed professional before making any financial decisions. Affiliate links: I may earn a small commission when you click on the links at no additional cost to you. This helps me provide you with free content, like this podcast! You can read my full disclaimer here: ... [https://moneychisme.com/privacy-policy/]

36. 5 Skills You Need to Know Before Real Estate Investing for Beginners

Send us Fan Mail [https://www.buzzsprout.com/2542604/fan_mail/new] What skills do you actually need to become a real estate investor? In this episode of Real Estate Chisme, Violeta and Lindsay break down the essential skills every aspiring real estate investor should focus on before buying their first rental property. From choosing an investment strategy and understanding cash flow to building a reliable team and managing fear-driven decisions, they share practical lessons they've learned throughout their own investing journeys. Lindsay explains why real estate investing starts with clarity and strategy, helping listeners understand the different paths available, including house hacking, long-term rentals, short-term rentals, multifamily properties, and out-of-state investing. She discusses the importance of defining your goals, understanding your risk tolerance, and creating a plan that aligns with your lifestyle and financial objectives. Meanwhile, Violeta shares real-world examples from her latest rental property rehab, including uncovering termite damage during renovations, managing unexpected expenses, and learning how to make confident decisions without letting fear take over. She discusses the mindset shifts that helped her navigate financial anxiety, perfectionism, and the realities of owning and improving investment properties. Together, they emphasize that successful real estate investing isn't about knowing everything before you start—it's about developing the right skills over time, asking good questions, and taking action despite uncertainty. They also discuss: • Choosing the right real estate investment strategy for your goals  • Understanding cash flow, expenses, vacancies, repairs, and CapEx  • How to analyze rental property deals without being a math expert  • Building a team of lenders, agents, inspectors, contractors, and property managers  • Asking better questions during inspections and due diligence  • The importance of understanding your "why" before investing  • Managing fear, financial anxiety, and decision-making as a new investor  • Handling unexpected renovation surprises and property issues  • Creating must-have vs. nice-to-have repair lists  • Why no deal is better than a bad deal  • Learning to balance risk, opportunity, and long-term wealth building  • Developing the confidence to take action as a beginner investor This episode is a practical guide for aspiring investors who want to get started in real estate but feel overwhelmed by everything they think they need to know. Violeta and Lindsay remind listeners that you don't need to be an expert to begin—you simply need to be teachable, willing to learn, and ready to take the next step. Tune in for an encouraging conversation packed with beginner-friendly investing advice, mindset shifts, and actionable lessons to help you build wealth through real estate with confidence. Support the show [https://www.buzzsprout.com/2542604/support] Join my Latina Real Estate Investors Community (FREE) https://www.skool.com/real-estate-jefas-9075/about [https://www.skool.com/real-estate-jefas-9075/about] Get my FREE Real Estate Investing Starter Kit https://moneychisme.kit.com/rei-starter-kit [https://moneychisme.kit.com/rei-starter-kit] Property Management made easy with RentRedi https://app.rentredi.com/signUp/AOK400?utm_medium=copylink&utm_campaign=referralShare [https://app.rentredi.com/signUp/AOK400?utm_medium=copylink&utm_campaign=referralShare] Manage Your Funds with BASELANE Banking https://invite.baselane.com/Violeta84614 [https://invite.baselane.com/Violeta84614] Follow us on Social Media https://www.instagram.com/money_chisme/ [https://www.instagram.com/money_chisme/] https://www.instagram.com/lindoesinvesting/ [https://www.instagram.com/lindoesinvesting/] Disclaimer: We are not financial advisors. The information contained in this video is for entertainment purposes only. Please consult a licensed professional before making any financial decisions. Affiliate links: I may earn a small commission when you click on the links at no additional cost to you. This helps me provide you with free content, like this podcast! You can read my full disclaimer here: ... [https://moneychisme.com/privacy-policy/]