Welcome to this enriching episode of "Newly Invested," hosted by Judith Tait. Dive into an enlightening conversation with our guest, Angie Ross, also celebrated as the Money Coach. Angie, with a commendable blend of educational backgrounds in business administration, teaching, and a certification in cash flow management, shares her journey and wisdom in the realms of personal finance and real estate investing.
Episode Highlights:
Meet Angie Ross: Beyond her business acumen and teaching experience, Angie is a Certified Cash Flow Specialist dedicated to demystifying personal finance for her clients, advocating for financial liberation without stringent budgeting.
The Genesis of Investment: Discover how a casual suggestion from Angie's sister led her and her husband into the world of real estate investment, beginning with a multifaceted property in Port Hope, Ontario, before venturing into vacation rental space in Mont Tremblant, Quebec. Angie highlights the mixture of calculated risk and familial support that kick-started their investment journey.
Cash Flow Is Key: Angie emphasizes the crucial role of managing personal cash flow as a fundamental step towards investment. Learn how an exhaustive analysis of their finances enabled them and Angie's husband to confidently step into the property market.
Managing through Market Volatility: Reflecting on the unpredictability of the real estate market, especially with recent interest rate hikes, Angie shares how their diversified investment strategy remains sustainable and profitable.
The Power of Property Management: From overcoming challenges with an initial property management hiccup to celebrating the success brought by a reliable property manager, Angie discusses the importance of vetting and partnering with competent professionals to manage rental properties effectively.
Advice for Aspiring Investors: Angie encourages potential investors to begin their journey without waiting for perfect conditions or absolute knowledge. She underscores the importance of starting somewhere and learning through the process.
Looking Ahead: With a dream of creating their ideal home and contemplations of expanding their portfolio internationally, Angie reflects on the flexibility real estate investing has afforded them both financially and personally.
To watch this episode, visit us on our YouTube Channel HERE
Get social with Angie and connect with her on:
Instagram: https://www.instagram.com/angieross.moneycoach/
Facebook: https://www.facebook.com/angieross.moneycoach
LinkedIn: https://www.linkedin.com/in/angie-ross-0a2b2111/
Connect with Angie for a Free consultation to chat about cashflow: https://bit.ly/3Q48juF
This episode is a treasure trove for anyone looking to venture into real estate investing or yearning to improve their financial health. Angie's story is a testament to the transformative power of mindful investment and financial planning.
Thank you for tuning in to "Newly Invested." Be sure to subscribe for more inspirational stories and actionable advice from our community of successful investors. Happy investing!
Judy
XO