Jamila Souffrant, the host of the Journey to Launch podcast joins Bobbi to talk about how she used a risky but well-researched investment in real estate to begin her path to financial freedom.
In Jamila’s story you will learn:
-How Jamila’s mother and grandmother taught her the value of investing in real estate
-Jamila’s strategy to research and invest in undervalued real estate
-Specifically how she raised the money for the downpayment while still a college student
-The exact characteristics she looked for in a geographic region in deciding where to buy an investment property
-Her 2-year plan to be ready to buy real estate
-Jamila’s decision to live at home and how that helped her build up the money she needed.
In Jamila’s lesson you will learn
-Why real estate investment early in life is a great foundation for financial freedom
-How she rose despite many challenges including being the child of a single mother.
In her Money tip you will learn:
-What Jamila never orders at restaurants
-How to train your mind to be more intentional with your money.
In my take you will learn:
-Strategies to buy a home at a young age
-What to look for in an investment property, especially if you have a small budget
-Specific things you can do to save a solid downpayment