Lessons from the Ground Up
Jessica's first investment wasn't glamorous; it came from spotting potential in a property she did a market analysis on for a client dealing with a family estate. Her ability to create a win-win solution helped her secure the home, transform it with minimal updates, and rent it out for steady income. Since then, she's completed over 15 projects, ranging from rental flips to strategic sales, all aimed at building long-term wealth.
The Power of Passive Income—And the Reality Behind It
"Passive income" sounds like a dream, but as Jessica points out, it's a hustle at first. From learning to manage tenants to navigating insurance for different property types (short-term, long-term, flips), her story emphasizes the importance of treating investing like a business. "Buying investments, there is work," Jessica says, "you need to treat this like a job." Jessica also notes that today's interest rates make passive income a little more challenging, but she still buys properties, focusing on appreciation and long-term gain.