Ep #192: Wendy Sweet – Making Lemonade from Lemons
Experience and connections are so important to succeeding in any area but in investing, it’s even more important. Wendy Sweet, an expert on investing, trading and real estate, joins the show to talk about the importance of knowing who you’re working with and investing in. She also talks about how her experience and the expertise of her company is crucial to the success of quality real estate investing.
Wendy shares a great story that provides a perfect example of a sticky investing situation that she was able to work out and resolve. She talks us through how the various issues came up and how they were able to get involved in damage control and recovery of a tough investment situation.
- 1:45 – The importance of knowing about the people you’re investing in.
- 3:00 – What Wendy does in real estate.
- 5:00 – The main problem people have with investing.
- 8:47 – Wendy’s goal when training investors.
- 14:38 – The worst number in business and why it’s not good.
- 20:59 – Why seed money is not the way to go.
- 24:00 – How expansion can be costly and why first position is important.
- 25:42 – What caused her client to get bogged down.
- 29:31 – How she figures out the right thing to do in hard situations.
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P.S. Whenever you’re ready, here are some other ways I can help fast track you to your Freedom goal (you’re closer than you think):
1. Grab the first 3 chapters of my latest book: “From High Income To High Net Worth – For Dentists.” The Ultimate guide for anyone who desires to build cash flow and net worth through real estate investment without ever meeting a tenant or fixing a toilet. Visit www.freedomfounders.com/free-book-chapters and start reading.
2. Become An Insider: If you’re committed to Freedom, but still building a practice, paying down school debt, or growing investment capital, Freedom Insider is your entrance ramp onto the fast track! Visit www.freedomfounders.com/insider and click the big orange “Become An Insider” button!
3. Apply To Visit The Mastermind: If you’d like to join dozens of dentists, docs, and practice professionals on the fast track to Freedom (5-7 years max), visit this link to apply for a seat. www.freedomfounders.com/step-1
4. Want to Move to the Front of the Line? Fast Access Insider Group: If you’d like to work directly with me and a small group of my closest investment colleagues, with direct access to the dealmakers and asset classes that I invest in, just send a message to my Executive Assistant (Lindsey@FreedomFounders.com), and put “Fast Access” in the subject line. Or, call 888-548-5855 and leave a brief voicemail for Lindsey. Let her know you’re interested in the Fast Access Insider Group – we’ll set up a time to talk, find out about your goals, and see if there is a fit.