044: How to Pay Off Debt Using Real Estate w/ Stephanie Davis

12/04/19 • 60 min

Stephanie Davis is a Certified Financial Educator, Real Estate Investor, and Creator of Finances On Point - a financial empowerment blog and community dedicated to helping women create wealth starting where they are, using what they have. Her mission is to empower women to become discipline with their resources so that they can achieve financial freedom, create generational wealth, and live life on their terms.

She believes that EVERYONE can achieve wealth, you just need the right plan.

I learned so much from speaking with her about real estate investing and smart money habits in today’s episode! Be sure to tag us on Instagram if you enjoyed it.

Resources:

Stephanie provided some AMAZING resources throughout the episode and I have provided some of my favorite real estate investing resources as well.

Click HERE to get Stephanie’s Quick Start Checklist to real estate investing. She even lists some of her favorite real estate investing books!

One of my favorite rental property management websites is iPropertyManagement! They have guides, resources, tools, templates, a breakdown of landlord/tenant laws and SO MUCH MORE that will help you become a profitable landlord!

So many people ask me if I have contracts and templates for rental properties and I just use the landlord/tenant templates that iPM provides! They have templates for rental applications, eviction notices, sublease agreements, move out checklist and SOOO MUCH MORE... I could literally go on forever lol there’s a template for just about anything you can think of! Not only are there universal templates, they have templates for EACH state that are simple and easy to use.

Another frequent question that I get a lot is “how to find good contractors?” I personally use Home Advisor. You can literally type in exactly what you’re needing done and they will match you with the best contractors for the job, show you recent reviews from other people who have worked with them AND allows you to click a button that will request a quote from all of the ones you were matched with. It just makes finding contractors so much easier!

Social Media Info:

Finances on Point IG: @financesonpoint_

Finances on Point Website: financesonpoint.com

I Don’t Do Budgets IG: @idontdobudgets

Email: [email protected]

Website: www.idontdobudgets.com

Patreon: https://bit.ly/IDDBPatron

#IDontDoBudgets #IDDB

She believes that EVERYONE can achieve wealth, you just need the right plan.

I learned so much from speaking with her about real estate investing and smart money habits in today’s episode! Be sure to tag us on Instagram if you enjoyed it.

Resources:

Stephanie provided some AMAZING resources throughout the episode and I have provided some of my favorite real estate investing resources as well.

Click HERE to get Stephanie’s Quick Start Checklist to real estate investing. She even lists some of her favorite real estate investing books!

Social Media Info:

Finances on Point IG: @financesonpoint_

Finances on Point Website: financesonpoint.com

I Don’t Do Budgets IG: @idontdobudgets

Email: [email protected]

Website: www.idontdobudgets.com

Patreon: https://bit.ly/IDDBPatron

#IDontDoBudgets #IDDB

Previous Episode

043: 5 Things You Need to Do to Achieve Your Big Money Goals

We all do it... Create money goals every year and struggle to achieve them. Then as it gets to the end of the year, we say “2020 is going to be my year for real!” Listen... I don’t want you to start the New Year off with the same goals as last year or with new goals without a plan. It’s time to take some action! So today I’m going to give you 5 Things You Need to Do to Achieve Your Big Money Goals . I hope that after today’s episode you use these tips to actually achieve your money goals!

Next Episode

045: Personal Finance is Not One Size Fits All w/ Taryn Bushrod

You are going to love this episode because Taryn and I just had a conversation as if we were just friends sitting on the couch talking about money! Taryn Bushrod is a financial coach that focuses on "behavioral finance", which is a field of study that uses psychology to help explain people's spending or investing habits. When talking with Taryn, we discussed the importance of how our childhood or early adulthood trauma can affect our relationships with money. By approaching our money matters from this angle we can get a better understanding of WHY we spend the way we do.

Taryn was such a pleasure to talk to... even after the episode was done recording we talked for an additional hour! I really enjoyed talking with her and I hope you enjoy some of the wisdom she brought to the show! Don’t forget to check out the links mentioned for more on the 2020 Money Planning Workshop and more.

AND go ahead and share this with a friend that you would love to have money conversations with, and don’t forget to tag me and Taryn on IG with your top 3 takeaways!

Links Mentioned:

Secrets of A Millionaire Mind

https://www.amazon.com/Secrets-Millionaire-Mind-Mastering-Wealth/dp/0060763280

Cashflow Quadrant

https://www.amazon.com/Rich-Dads-CASHFLOW-Quadrant-Financial/dp/1612680054

I Don’t Do Budgets Shop

https://www.idontdobudgets.com/shop-now

Support with as low as $1/month here:

https://www.patreon.com/idontdobudgets

Social Media Info:

I Don’t Do Budgets IG: @idontdobudgets

Taryn Busrod's IG: @itstarynsworld