Welcome to the Rhymes with Odd podcast! In this exciting episode, host Ryan Snaadt invites special guest Kelsey Russell to share her insights and secrets about real estate investing and business ownership. Kelsey, an experienced real estate professional, provides valuable advice on finding lucrative investment opportunities and building long-term value in properties.
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During the interview, Ryan and Kelsey discuss various aspects of real estate investing, including the importance of targeting better neighborhoods at lower price points. Kelsey shares her experience of purchasing a unique mid-century modern house to flip, emphasizing the significance of understanding what people are willing to pay more for in a property.
The conversation delves into their personal connection, tracing back to when they first met at a bodybuilding competition in 2017 or 2018. Kelsey also mentions her admiration for Ryan's online presence and business success, leading to her invitation as a guest on the podcast.
As the conversation progresses, Kelsey highlights her passion for real estate, which combines her interests in analytics, running investment calculations, networking, and business development. She shares her experiences as a part of the ReMax team and the benefits of collaborating with other agents in the industry. Kelsey mentions the annual or quarterly get-togethers and conferences organized by ReMax for agents to network and learn from each other.
Ryan asks Kelsey about her early years in the real estate business and the challenges she faced during the initial stages of launching her own business. Kelsey reflects on the importance of aligning oneself with the right people and learning from experienced professionals. She stresses the significance of providing exceptional client experiences and being a resourceful agent, always ready to assist clients in various aspects of their real estate transactions.
The conversation also touches upon the impact of the market on real estate investing. Kelsey explains how the COVID-19 pandemic and changing lifestyle needs have influenced the real estate market, leading to increased demand for housing and opportunities for investors. She advises aspiring investors to consider their financial capabilities, the potential for cash flow and equity capture, and the level of involvement they desire in managing properties.
Towards the end, Kelsey shares insights into building a successful real estate team and the importance of outsourcing tasks to focus on core business operations. She emphasizes the significance of respecting one's time, maintaining a work-life balance, and aligning with individuals who value and prioritize personal and family time.
Don't miss this insightful conversation with Kelsey Russell, as she unveils the secrets and strategies of real estate investing and business ownership. Whether you're a seasoned investor or just starting in the real estate industry, this episode will provide you with valuable tips and inspiration to succeed in your own real estate ventures.
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