Ep 34 - There’s no one way to build wealth. Some people go all in all at once while others take slow, calculated steps. In this episode, Sia Senior takes us through her transition from educator to investor. While her husband immediately jumped into real estate, she chose to stay as a teacher for 10 more years before stepping away when it made sense to her and her family. We hear about how she’s been conservative and realistic in her journey and how that helped them mitigate risk and make sound business decisions. She also talks about her commitment to empowering others to achieve financial independence through education and connections. Sia started her journey in real estate investing, alongside her husband, in 2005 while working as a math teacher. Ten years later, she left the security of her W-2 and became a full-time real estate investor. Sia’s experience includes house-hacking her first property, flipping 8 properties, and buying and self-managing multiple properties to hold long-term. Her portfolio also consists of a 16-unit asset acquired through a JV partnership. Sia is a principal at Arrowhead Capital. Arrowhead Capital is a real estate firm that acquires multifamily assets in the Mid-Atlantic and Southeast. They are committed to providing our investment partners with excellent opportunities which allow them to passively create generational wealth and enhance the apartment communities of our residents. ________________________________ FREE Discovery call for The Microfamily Investing Accelerator https://calendly.com/noirvest/microfamilymavericks ________________________________ [00:01 - 18:22] Who is Sia Senior?
- Sia on the moment they realized the potential of real estate
- She wasn’t initially comfortable with leaving her job, so her husband decided to make the jump first
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- The feast and famine of real estate - sometimes you have clients and deals, sometimes you don’t
- Health insurance is also a consideration and she didn’t want to let go of having that security
- After 10 years, she finally decided to quit her job and go into real estate full-time to scale the business with her husband
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- Sia remained to be levelheaded and calculated in every venture they take
[18:23 - 27:44] Giving Back to the Community
- Sia discusses their trust and her plans for future alterations
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- The goal for the family is to have their trust last for generations and to have it be able to provide passive income for them and their family
- It’s important to be able to help yourself first before you are able to impact others positively
- How Sia is sharing opportunities with others to get started on real estate
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- Creating a fund for people who don’t have large capital and offering them investing exposure and experience
[27:45 - 30:04] Perspectives on the Market
- Sia lists the areas they are focusing on right now
[30:05 - 37:03] Closing Segment
- The final questions
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- There’s safety in diversification as opposed to me going all in in this one space
- Sia shares his strategy in choosing between Baltic Avenue and Boardwalk
- What does Sia need right now to get to the next level?
- Connect with Jordan!
Key Quotes “I'm the good investigator on the side, like, I will check everything. And so once I realized, oh, this is legitimate, I was like, okay, yeah, I'm good to go.” - Sia Senior “Our plan is one to make sure that our family is set because before you can help other people, you first have to be able to help yourself. You can't pour from an empty cup.” - Sia Senior “People need an experience, it doesn't have to be a major...