Today’s guest is Sarah Aviles, a real estate investor who has tackled some of the toughest properties. Sarah shares her journey from retail sales to managing multi-unit properties, offering practical insights into real estate investing.
Takeaway 1: Learning from Tough Experiences: Sarah’s first big investment was a 12-unit apartment in a dangerous Stockton, CA neighborhood. She stresses the importance of thorough research and using the right professionals. Despite many challenges, including COVID-19, Sarah gained valuable experience.
Takeaway 2: Section 8 and Subsidized HousingSection 8 offers guaranteed rent and regular inspections, providing stability. Sarah's book, "Confessions of a Section 8 Landlord," provides practical tips for managing these properties. Local subsidized programs often offer better support and resources for landlords.
Takeaway 3: Diversifying Investments: Sarah highlights the need to balance cash flow and appreciation by diversifying investments. She plans to develop properties in California, focusing on affordable housing solutions. Having a knowledgeable team is crucial when navigating new investment opportunities.
Thanks for tuning in to The BreakThrough Podcast. Sarah Aviles' story shows the value of perseverance and smart investing. For more insights, subscribe to our podcast. Connect with Sarah on Facebook at https://www.linkedin.com/in/saraaviles/ or visit https://saraaviles.com/. Stay tuned for more
