All Forum Posts by: Kate Stephens

Welcome to BP! I live in California and did my first trip to Grand Rapids this weekend and have offers on 2 properties. Great investing city, some wonderful development and most importantly really lovely people. Keep in touch and please shout if I can help K

Megan Greathouse and Rivy S. hi ladies. I admire what you are doing and your work ethic so enormously. It is so challenging to balance being a mom, working, investing and having enough time that you stay sane! I have been doing a lot of reading around "life style design" (I'm not a fan of that term but can't think of a better way to describe it!) and a big shift came in my thinking when I read one of the interviews in tools of titans (tim ferris) that said think about your 10 year goals and ask yourself what it would take to achieve them in 6 months. Dare to dream of what balance you want and what you want your week to look like and map out a business plan of how you would do it in 6 months. It may just be possible to have your cake and eat it! I'm at the start of this journey but found this thought process empowering and it changed my business plan significantly. Just wanted to share this thought in case it is helpful. Keep us all posted on your progress so we can keep learning from you. Thank you both for inspiring a fellow mama investor.

Megan Greathouse you rock! Wonderful story, detail and great for learning. Thank you so much for sharing. I can't wait to hear about deal #2.

Rivy S. I feel for you and hear you. I am a Mom of just 1 kid a 4 year old with a busy full time job and I am an investor and my hubby is a stay at home dad. I have a couple of girl friends in a similar position and we all feel it is different as a mom and the data backs that up in terms of time we spend with our kids, division of house work etc and I have often felt that doing Rep as well would tip me over the edge! I'm sure they are at there but I have yet to meet a man who is pumping gas at the gas station whilst sorting out a plumbing leak whilst ordering diapers for my daughter all on my way to my 50 hour a week job. So what to do ...... yes it is hard and slow going st first but don't give up! I have sold a property, using the equity to live off for a year whilst I invest full time and am leaving work for a year on Friday (hopefully for good not just a year but we will see) to invest in real estate full time. Equity and rei has allowed me to do this. I have 2 other girl friends who are busy working moms looking to do the same thing within a year so we are all on the same path. It is really, really hard to try and do it all. It is possible but there may be other ways to achieve your goal too. Feel free to pm me if you want to be in touch with me and a couple of other ladies who are trying to be moms, investors, breadwinners and maintain our sanity!

Great discussion! Freedom number is $11k a month and my "freedom to fly" number is $15k. $11k supports my family (including a Californian size mortgage!) for comfortable living and my freedom to fly number is comfortable living with some traveling adventures thrown in. I am cashing in equity in my Californian houses and have quit my job (last day in 3 weeks) to be an active investor to get to my freedom number in 1 year and my freedom to fly number in 2. It's an ambitious goal but even if it takes me longer than planned to get there it will be an incredible adventure!

I am interested in this. If you could send me the details I would appreciate it. I'll message you with my e-mail address - thanks!

This was one of my favorite pod casts. It gave me some good ideas and I loved her feedback on lessons learnt and her approach on focusing on what you know and are good at.

Loved your post! I live in southern cal and have spent several months researching. I have had the same experience as you but am a little further along the research process and have begun executing. Send me a message if you want to chat on the phone and I can let you know the markets I have narrowed down, why, the people I have narrowed down and the actions I'm taking if it helps at all.

Really great work. Many congrats. I can't wait to read your updates as you progress and grow your portfolio. You're going to crush it.

Big picture thinking (wealthy people I know are visionaries), effective use of time and ensuring time spent on anything is productive, being fully engaged (be where your feet are) whether it is business, time with kids and segregating the two, excellent and execution.