The Mom's Wealth Club Podcast with Lynn Plata
Keila Torres bought her first multifamily property in Chicago in 2022, right before interest rates skyrocketed. She had no real estate education, inherited tenants she wasn't prepared for, and figured out landlording on her own. Two and a half years later, she and her team have closed 27 properties and they're buying one a week. In this episode Keila breaks down how they actually fund these deals. Hard money, private capital, draw schedules, and what you need to bring to the table when you don't have all the cash. She also gets real about what it's like being a woman running construction projects, the contractor nightmare that landed them in court, and why she believes co-living is one of the smartest plays in today's market. If you've ever wondered what it actually takes to scale a real estate portfolio fast, this one is for you. In this episode: * How house hacking launched Keila's investing career * Hard money loans and private capital explained * What went wrong with a contractor (and what they're doing about it) * Co-living as a wealth-building strategy * How to fund deals when you don't have 20% sitting around Connect with Keila Torres: Instagram + Facebook 🎵 Music Credit: Creative Commons — Attribution 3.0 Unported — CC BY 3.0 Music promoted by Copyright Free Music - Background Music For Videos https://www.youtube.com/@podcastbackgroundmusic [https://www.youtube.com/@podcastbackgroundmusic]
21 episodes
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