Creative Capital Podcast 100: Designing Your Lifestyle Around Your Investments with Jennifer Beadles

Sep 24, 2021

Welcome back to the Creative Capital Podcast with Josh Ferrari! In this episode, I welcome Jennifer Beadles! At 21 years old, Jennifer had bought her first house, and a real estate developer hired her. She found herself learning the ropes of building new construction, hiring subcontractors, dealing with red tag notices and grumpy neighbors who didn’t want new houses blocking their view. While she loved the variety and constant challenge of finding solutions to complex issues in the development world, she wanted to do and learn more. So in 2009, she officially ditched her 9-to-5 job and become a real estate agent specializing in working with investors. Since her goal was to achieve financial freedom through real estate investing, she figured what better way to earn a living than to help others achieve what she was setting out to achieve. Jennifer has sold more than $120M+ in real estate while buying rentals and building up her own passive income streams.

 

In this episode, Jennifer talks about designing your lifestyle around the investments you make. She talks about the importance of being clear on what you want to do and what it actually takes to bring your real estate business to the next level and live a time and financially free lifestyle. Listen in!

[00:01 - 11:45] Introduction  

 

• An overview of the episode
• Welcoming Jennifer to the show
• How she got into real estate investing
• Her experience as a realtor
• How she built her real estate portfolio

 

[11:46 - 20:34] Taking Your Real Estate Business to the Next Level

 

• Jennifer on when she decided to get more deals
• Having a mindset shift
• How she built a business that allowed her to travel
• The importance of asset management in real estate

 

[20:35 - 33:32] Designing Your Lifestyle Around the Investments You Make

 

• How to design your lifestyle around your investments
• • Being clear on what you want to do
  • Why choosing an asset class to invest in is important
  • Buy what you can afford
  • Just get started!
• Choosing how you’ll make money in real estate
• • What are interested in?
  • How much time can you dedicate to it?
  • How much capital do you have?

 

[33:33 - 47:47] A Closer Look at a Life of Time and Financial Freedom

 

• Jennifer shares her daily routine
• It’s all about experiences
• Helping people get started on their journey
• Saving money by living overseas
• Figure out the ‘why’ first, and  the ‘how’ will follow

[47:48 - 50:20] The Pod Decks Segment

 

• What, are you bored of?
• What is one interesting fact about your ancestors?

[50:21 - 01:02:02] The Core Four

 

• What is your favorite real estate-related book?
• • Rich Dad Poor Dad
•  What do you think your unique skill is that helped you become successful?
• • Systems, processes, and optimization
• Tell me something that's true about real estate that almost nobody agrees with you on
• • You can invest in the US without being in the US
• What one piece of advice would you give the listeners wanting to succeed in real estate investing?
• • Get started!
• Connect with Jennifer!
• A summary of the episode
• Closing words

Key Quotes: 

 

“Once I got really clear on what I wanted my lifestyle to look like, then it's just working backwards.” - Jennifer Beadles

 

“The key is [to] just get started. Whatever that looks like for you – based on your goals, based on your comfort level, based on your risk tolerance, whatever feels right – just do it. Just get started.” - Jennifer Beadles

 

“By focusing first on the why and the what, the how comes later. If you have a compelling reason why to do something, then you're going to do it. But if you don't have a compelling reason why, if you don't really know the direction you're going, then it's going to be really tough.” - Jennifer Beadles

Resources Mentioned:

• Rich Dad Poor Dad
• The 4-Hour Work Week

Connect with Jennifer on LinkedIn!

 

Check out Greenlight Equity Group and ROI ByDesign!

 

Chelsea’s Meetup Group: https://www.meetup.com/salt-lake-city-multi-family-meetup-group/

You can reach and connect with me on Facebook, LinkedIn, Instagram, and Youtube 

For more information about Ferrari Capital visit us on our website https://www.ferraricapital.com

 

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