Business
This episode with Jessica Myers was powerful! The turning point for Jessica was when she got her 5-year plaque to recognize her years of service at her job. She also noticed someone receiving a 20 year plaque at the same job. At that moment, she decided that chasing a 20-year plaque was not the path she wanted to pursue. It was perfect timing because she attended a real estate conference shortly after where she learned about wholesaling. Starting out as a wholesaler allowed her to develop her ability to find and analyze deals. With the help of a mentor, she was able to close her first four deals. Starting off with wholesaling allowed her to build up the next egg that helped her to leave her job. From there she got into AirBnb rentals, revitalizing communities in Brunswick, Georgia, additional real estate investments and more. Next on Jessica's goal list was hotel ownership. She reconnected with her friend, Davonne Reaves and decided to pursue their goal of hotel ownership. Their firm closed on a $8.3 million dollar hotel in El Reno, Oklahoma which is two hours away from Tulsa, Oklahoma. In this episode, we discuss hotel ownership, getting started in real estate, future plans and more.How to find herIG- @itsjessicamyersHighlights1) Never give a contractor all of the money for a job upfront. Make sure you have a good contract in place. 2) When looking for real estate opportunities, follow where the jobs are. If there are consistent jobs in the area, that is one indicator that it can make a good investment.3) If you're interested in hotel ownership or real estate, make sure to network as much as possible. Find people who are doing what you want to do. Access all of our resources on our website- https://www.blackrealestatedialogue.com/linksJoin the B.R.E.D. Real Estate Investing Community for $1- https://www.outofstatemoney.com/community-sales-page-1Learn how to invest out of state- https://www.outofstatemoney.com/