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Growing Your Success By Plugging Into A Community With Deborah Razo – Real Estate Women

 

We all want success, but what happens next when we get it? Grow it! And one sure way to grow your success is to plug yourself into a community. Moneeka Sawyer’s guest today is Deborah Razo, the Founder of WREN – the Women’s Real Estate Network. Deborah talks with Moneeka about the beauty of being in a community of women and why you need them as a support system to help you succeed. Are you interested in joining the community? Listen to this episode!

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Growing Your Success By Plugging Into A Community With Deborah Razo

Real Estate Investing for Women

I am excited to welcome back to the show, Deborah Razo. You have met Deborah but let me read her bio so that you can be reminded of who she is and a little bit more about how she and I have grown our relationship together. She always an independent spirit. She started her first business in 1990. After owning several businesses, she realized that her path to financial freedom is through real estate investing and her personal mission to teach others who seek to grow and want to live life fully.

In 2009, she began her journey with Tony Robbins and now as a Robbin’s trainer traveling globally to provide onsite coaching to attendees. In addition to her degree from UCLA, she expanded her investing education with a series of intensive workshops. It felt like a natural transition to her shifting gears from her design firm to a booming rehab business that led to developing multifamily fourplexes. She is currently focusing her energy on partnering with investors seeking financial freedom through the acquisition of real estate assets. She’s also passionate about helping other women find success in real estate investing through networking and education.

To this end, she founded the Women’s Real Estate Network, which we call WREN in 2016. WREN is what we’re going to be talking about. One of the things that I hear much from you is, “I want a community.” You’ve tried a few communities and I feel blessed because you keep coming back to me and say, “I want a community with you.” I have to say that this is a place where I fail. I’m sorry that I’m failing because I don’t love Facebook. I haven’t found a platform that allows me to be engaged and to be there for you. I feel bad about it.

I’ve been on a hunt for a way to fill that need that I’m not fully responsible for. It doesn’t mean that I don’t want to be responsible for you but I don’t want to be responsible for the tech. I don’t want to remain responsible for Facebook ads. There is so much stuff involved in this that I don’t have expertise in. I’m not interested in it.

What I’m interested in is chatting with you and helping you grow and being your best selves and having conversations. When we first met, she mentioned that she has WREN and it was of in its baby stages. I was excited to chat with her. We’ve stayed in touch. The community has grown. It’s on Facebook. There’s a lot of people managing that and I’m a part of that. As it’s grown, I thought, “This is a place where my ladies could go.”

Some of the things that I love about this is this not a Facebook group, it’s a paid membership. Not huge amount of dollars like penny, super cheap but because of that we have a group of ladies that are interested in talking real estate. There are no trolls and no advertising. We’re there to help one another. That’s why I’m bringing Deborah back is because I want to talk about what she’s doing and how this can help you.

As we move into a new year, I’d like you to consider what are your goals. You ladies asked for the community because you need it. As women, we are very good at building community in many areas of our life. However, building community and talking about money, investing in real estate somehow, we shy away from it. We shy away from asking questions, answering other people’s questions and hanging out. I’m not sure totally why that is but I do know that women have some ideas about money and what we should and shouldn’t be talking about. It’s not conscious, it’s deeply ingrained inside of us.

We’re not like them. We’re fine sitting around the dinner table, talking about money and mortgage rates. To us, it might seem a little bit boring but when you’re talking with another woman that’s passionate about it, it’s not boring. This year I’d like you to consider building your community because it will support you. It will help you get the education you need when things go wrong or you have issues, you have a place to go to ask questions. You don’t have to feel bad about it. There’s never a dumb question.

REW 93 | Growing Your Success

Growing Your Success: The pandemic has made us all reevaluate whether we’re living our best lives and living how we want to live.

 

We’re all there to support each other. You need that. All of us need that. We have that in many areas of her life, we need this in our real estate business too. As we move into this conversation, I want you to plant the seed inside of yourself that, “It’s time for me to build a community. That’s going to support my expansion.” That’s one of your goals for 2022. I’m giving it to you. Let me bring in Deborah. Welcome to the show.

I’m writing that as the top of my goal for 2022. Thank you much for having me back.

For those, that haven’t heard your story in a little while, could you give us the high-level version of how you got into real estate?

I’ve been an entrepreneur for years. I’m going to qualify that by saying I built my own job. It wasn’t that I had a system where I was building passive income. I had built my own job. I was paid money to do work for clients. Then, I was in a bad car accident. It made me think about what I wanted out of life. A lot of people are going through that now. We’ve had this pandemic and it makes you reevaluate. “Am I living my best life? Am I living what I want to live?” It’s created a space for transition for people. That’s what my accident did for me.

it created the space of transition and me asking the questions like, “What am I doing? Am I living my best me?” The answer was no. That didn’t mean I had a bad life but it wasn’t the life I wanted or dreamed of. There was a part of me that was scared to dream and to want all that. With this decision and this accident in my life, I was like, “It’s now or never. We got to grasp now.” I decided to make some changes and I wanted passive income. I started googling passive income.

There are lots of things that come up. There’s real estate, royalties and all kinds of things that come up but real estate always, pops up. That’s when I thought, “I want to get me some of that mailbox money that everybody talks about.” I transitioned and started my journey towards that. I look at some of the mentors that I follow and I haven’t been always the most focused. I tried things and love them. I’ve tried things and hated them. That’s all in the journey and all in the learning process. Along the way, I found other women who would encourage and support me, which is what we’re talking about here.

Talk to me a little bit about that. What did that look like and what happened?

I was going through a frustrating time. I didn’t have a lot of money after the accident, and then I borrowed some money to help flip a house and thinking that I’ll get the capital from flipping and then I’ll reinvest in buy and holds for the cashflow. Cashflow has always been my long-term goal. The wealth in the cashflow so that I could get out of the rat race and travel the world and all that stuff. I wanted freedom. I was flipping and a bunch of hedge funds moved into my area and they were buying up so many of the properties that I would put offers in for and try to flip.

I was super frustrated. I was like, “I can’t find anything that’s working.” Where the numbers are working, I’m being outbid all the time. I felt like, “Where are my girls?” I need my support system around me. It’s not to say that I haven’t gotten great education from men, I have. They don’t think the thing way we do. They’re not balancing the things that we’re balancing.

Having some people with whom you can bounce ideas and share resources is amazing.

I put together a brunch in downtown LA on a Sunday and I invited a bunch of women who were full-time investors. They weren’t all flippers that. There are two women that owned eighteen storage units across the US. There was a woman that was a lender. There was a woman that was into notes. They were all full-time real estate investors. It was fun. We got together and were fun but what started happening is we started talking to each other about our problems and offering help.

That is one of the things that come naturally to women. “You need a lender? I know this guy, he’s a hard money lender. Do you need a babysitter? Do you need a gardener?” We share resources. Having some people that you can bounce ideas off of and share resources with is amazing. At the end of that brunch, I said, “I was thinking about doing this quarterly.” They said, “Let’s do it every other month.”

People started opening up their homes and there was usually wine involved. What ended up happening is not only did I know, like and trust these women but we started doing business together. I would JV with one of them. Somebody would lend on my job. I would lend on somebody’s project. I would buy into something. I look at that group of women and I realized they have affected my bottom line. That’s when networking becomes productive. That is productive networking.

At some point, I realized there were all these other women out there that didn’t even know about these rockstar women because they weren’t at the front of the room. They weren’t telling their story. They weren’t sharing their business models. I thought, “Let’s start a meetup that so I can take from this group of amazing women and put them in front of the room and say, ‘There are other women that are out there doing this.’” It means something when people see somebody like them. When another woman sees a woman, that’s amazing. She goes, “She’s doing that. I can do it.” That’s what started happening and then we grew quickly then technology came into play.

I am good at face-to-face. I’ve run meet-ups. I had groups that ran for years. It’s not that I’m not technically savvy. I am but for whatever reason, there are certain pieces that I’m not awesome at. I appreciate that you took that on. It was interesting, I was talking to somebody about the show. They were like, “Why do you focus on women? What’s the difference between men and women?” I was like, “You’re not interested in talking about menopause or what it’s like to be a mom that has a brand-new baby and still wants to run a business or to be a stay-at-home mom and your husband’s the main bread breadwinner. You feel like you don’t have any right to the money to invest.

In fact, often he doesn’t trust you because he hasn’t studied it himself. Not because he doesn’t respect you or love you but because he’s managed all the money, that’s his job. You’ve managed the kid. There’s been a division of labor and you’re trying to change the paradigm. My husband is amazing. In any case, we have issues as women, that men as much as they might want to understand, it’s impossible.

He doesn’t have our hormones. He doesn’t have the way that our minds work and our feeling of responsibility to our children, fur babies or our aging parents. It’s not just that we think differently because we do but we have very real physical aspects about our life that no man can relate to. You walk into a room of a bunch of men, real estate investors, they will be very respectful and you learn a lot. I learn a lot but I’ve also been hit on a lot, which is not appropriate. We’re talking business. We deal with stuff that is different and men don’t understand.

The way we relate to each other is different. I was flipping here in Los Angeles and we opened a WREN chapter in Seattle. I was up at the WREN chapter in Seattle. There was a woman at the WREN chapter who was a developer. I walked up to her and I was like, “You’re a developer. That’s cool.” You don’t meet women developers. She goes, “You’re a flipper, right?” I said, “Yes.” She goes, “I used to be a flipper but developing is so much easier.” I was like, “What?” We had this conversation that night that opened up my paradigm. I had never seen myself as a developer because I hadn’t met women developers. The developers I had met had been men. None of them had told me, “It’s easier. You can do it.”

REW 93 | Growing Your Success

Growing Your Success: Men don’t think the way women do. Let’s face it; they’re not balancing the things that women are balancing.

 

You’re dealing with these men developers, most of the men that do development are either contractors themselves or have contractors in their pockets. They know each other, it’s like the all-boys network. They don’t perceive how we fit sometimes. I don’t feel like any of it is of malice or maybe sometimes. Mostly their hearts are big but they don’t understand and they can’t because they’re not women. The same way as we can’t understand what it’s like to walk in a man’s shoe. We’ve had a little bit of training because we’re out there in business with them in our society. We don’t know what it’s like to be a guy.

It’s important to be able to have communication that’s open and real. You don’t have to worry about, “Am I articulating this right so that he’ll understand?” You’ve been doing this for years. I’ve been doing this for many years. For me, when I started in this business, it was all men. There were no women mentors. I remember it was exhausting trying to figure out how to communicate right so they didn’t think I was dumb, emotional, hormonal or didn’t know the numbers. There was this impression about women and numbers and all of these things. Everybody knew I was smart. I came from UC Berkeley but there’s a different way of looking at each other.

It’s not even about being smart. It’s about being taken seriously. To finish up that story, I went on to develop. I’ve developed a couple of fourplexes. Sometimes even now I’ll say, “I’ve developed.” It’s so funny the expressions I get on men’s faces sometimes. Some of them are respectful and in awe of me and some of them are shocked. I was like, “What do you know? We do the same thing.”

Every once in a while, to be goofy because I’m feeling very much that I need stand for myself. I’ll say, “I’m the CEO of a multimillion-dollar development company.” They’ll be like, “What?” I’m like, “I developed in Los Altos.” They’re like, “What?” They stop with the, “I know much more than you.” Now, it’s much more of an equal conversation. I never feel like they mean it but it’s the way the paradigm has been in the past and we’re trying to shift that. In the meantime, we need each other.

What’s beautiful in that is that I can see you like that, you can see me like that, we can express that to other women who can look at us and go, “She’s doing that? I could do that?” Like that woman that opened up development to me. I’ll open it up for other women. That’s the beauty of being in a community of women is that we can open up our minds to different ways to do things.

Not only is it, a resource like if I have a problem, I have several smart women on my telephone that could help me with that problem. It’s also a source of encouragement like, “One of the women in WREN, she’s buying her third hotel.” It’s that source of like, “There are these women who are heartfelt but great all at the same time.”

To know that that’s possible and it’s okay. You get to have good conversations with those women. They’re not inaccessible.

They’re transparent. We all have bad days. I jokingly say, “Yes, there is crying in real estate. It’s okay we’ve all done it.” It’s not all cashflow and wine. It’s also great to have the girlfriend to go “Get it out. Sit on your pity pot. Are we done? Brush yourself off and we’re going to go again. We’re going to go at it.” One of the things that I find that’s interesting to me, I study a lot of statistics between women and men investors. Oddly enough, maybe to men, women tend to have a higher return on their investments. It’s fascinating. We don’t get in as quickly as men do.

There’s no way around. There’s just walking through.

Sometimes women miss opportunities in real estate because it is about making the offer and getting in on that deal. It’s not that we don’t know it’s a deal because there’s an internal sensor when a woman finds a deal whether it’s shoes, house or whatever it is. There’s something that goes off on us but there’s also a hesitation when the ticket price is a little higher.

There’s a hesitation when that happens. We have a saying in WREN, like “You can borrow my confidence. Make the offer.” That’s how it is. We have to lean on each other to go, “Should I?” Somebody has to stand behind you and go, “Go ahead, do it.” It’s interesting being surrounded by a community of women in that, in that sense.

I love when you were talking about the pity party because I feel like we need our time to honor our feelings and our fears. We also need a little bit of a kick in the butt that says, “You’re done now.” a lot of times what happens is us women are such good listeners. We want to be there. We want to hold space. We want to make sure that you feel heard but we don’t go to that next step because it’s scary. It’s scary to tell another woman, “Are you done yet because now it’s time for you to move forward?”

It’s a hard thing to say and hear as a woman because we want to be loved, liked, heard and I want you to know my feelings. This is me. I know I’m generalizing, if that’s not, you please forgive me but that’s who I am. I know that that’s who a lot of the women that I am around. I used to be a day trader or trading options. I had one morning where I woke up and the brokerage had screwed up the closing out of the option trade and I owed $400,000 in one night.

David and I were making $60,000 a year in California. We had no money. I got out of it. it was a brokerage’s fault. It was all recorded and all that stuff. It was fine. I ended up making $20,000 that day but which is cool but not for that stress. I think what happened was at that point, I was like, “I can’t do this. I can’t wake up in the morning and owe $400,000. I can’t do that.” I stopped trading for two months and stopped.

A girlfriend of mine, we would go for a walk every day after my trading. She says, “Are you trading yet? I’m like, “I’m not going to do it.” It’s too dangerous. It’s too risky. One day, she said to me, “You need to get back on the horse and ride. You can’t live your life in fear.” Every single time that I’m in fear or something has gone terribly wrong and I’m like, “I can’t do this.” I hear her voice.

If my husband says something to me like that, I’d be like, “You don’t understand.” That’s not nice of me. He was also scared too so he wouldn’t say, “Get back on your horse.” He’s like, “No, don’t do any more of this,” because he was emotionally and financially invested too in that situation. Having another woman tell me someone that I knew cared about me to say, “You can’t live in fear. You’re never going to succeed if you keep going like this.” I love that you’ve created this community of successful women that understand that and that we can help each other.

What’s also helpful, which we’ve touched on is that perspective. Having a mentor or somebody who has a perspective of who you are. I’ve had them too. I was in a deal. It wasn’t going well and I got scared. When you get scared, you’re not making decisions from an empowering place. You’re making decisions from a completely disempowered place. You’re not making the best decisions. You’re making decisions out of fear instead of making decisions out of thinking something through.

REW 93 | Growing Your Success

Growing Your Success: It’s not about being smart. It’s about being taken seriously.

 

One of my mentors is also a woman who’s been in the business like your length of time and said, “There’s no way around, there’s just through.” You can just walk through. It took my fear down. I was like, “She’s right. I’m going to put my best foot forward today and then tomorrow. I’m going to do the same thing. The day after that, I’m going to do the same thing.” We’re going to walk through. She was lending me her experience.

I couldn’t see like that I was going to get through it. I ended up getting through it and making a profit. I didn’t lose any money in the long run but I needed somebody there to encourage me that way. It’s interesting how we can encourage each other to step up, step-through and continue through our fear. I love that WREN is an opportunity for a community like that. We have women who have a lot of years of experience like me and you. We need those women coming in that are new to the business because they’re excited.

I’m always like get on my calendar and talk to me because they’re the funniest conversations. I’m coaching, I get that. To hear the excitement and the ideas that they bring, there’s so much out there that it’s impossible for me to know what’s out there, what people are seeing and also what they’re needing. It juices me so much.

They need people with experience. They need people to go, “Come on. You’re going to go this way. Okay. You’re not going to get it unless you put an offer in. Put an offer in.” It works well. We also have the framework of being women. There are some definite traits that we have that come up and that is asking for what you need. Women have a tendency not to do that. In our community, we embrace the femininity of that and ask for what we need in that way.

We all can do business in a man’s world because we’ve had to, short, direct and succinct. It’s also wonderful to embrace our femininity and do business like we want to do business, which is more creative, collaborative and win-win for everybody. It’s an interesting paradigm when you shift into a feminine space for your business, operating system, that it becomes more profitable sometimes. It’s pretty cool.

I stole the conversation around us experienced women needing beginners because I got excited about that but I want to hear your perspective.

A woman that’s been in the business for a long time, we take for granted some of the things that we know or some of the little joys that you get from being new in the business. Being able to see how to make money or a certain perspective of something. It’s encouraging to me when I meet women who are getting into this business and they’re all excited. Whether it’s providing for their kids or an at-home-mom who’s wanting to provide a good vacation for them during the summer. It’s cool that all walks of life can be in the same community.

The people that are new to the business need to see the people that have been in the business for a while. They are doing it, successful and they are making things happen and vice versa. We need their energy and their enthusiasm and their go-getterness. It’s a good symbiotic relationship. I’m glad to say that we have women at all levels of education in the community.

Networking is about forming relationships, and there is a way to network that is productive to your business.

We become a little bit complacent because we’re been there, done that. You think you know. We’re surprised when we don’t know. That’s the thing about a beginner is you’re okay with not knowing. For us, it feels a little bit like I should’ve known that. If I do something that was “stupid” although nobody does anything stupid but you might think to yourself, “That was dumb. I should’ve known better.” Things are constantly changing. Having that beginner’s mind and having that around you allow you to feel better also in those moments where you’re like, “I should have known that.”

It’s acknowledging that. One of the meetings that we have is called Power Hour and we feature women who are WREN members, who’ve maybe completed a project and they are presenting their case study. We do this for a couple of different reasons, one of them is because we don’t get the opportunity to step forward as leaders in our real estate community out in the regular world.

Most of the time, a woman is not at the front of the room but maybe once a year at a regular REIA. We want it to give a platform that we could train women to step to the front of the room, to start to feel that confidence, to foster leadership in our community and give that opportunity to them. It’s one of the things that I love best because it’s like I’m being able to contribute to somebody else’s growth.

We have a little mentoring system for that process so that they’re not going on cold turkey. They get a template and coaching so that they can learn to own themselves, their voice and their presentation and feel the reward of that. Sometimes as women, we don’t celebrate our wins enough. That’s what part of that is about too, let’s celebrate our wins. Let’s look at another member and go, “You rocked it.” It’s cool that way.

I want to talk specifically about WREN, the platform and all of your offerings. Before we move into that to get onto the platform, get the membership and get all the details. You go to BlissfulInvestor.com/WREN for Women’s Real Estate Network and then you can go to the page to where you can sign up. When they go to that website, what are they going to find? Talk to us a little bit about the offerings and what women can expect.

We have an annual membership for our networking organization and it’s $249, which is not expensive at all. The benefits are amazing. At first, you become part of our network. We send you a series of network training. We call it Work It Girl Network Training. Here’s the reason why whether you’re in front of a person or whether you’re on a Zoom call, putting your contact information in the chat is not networking. Giving your card to somebody is not networking. Networking is about forming relationships. There is a way to network that is productive to your business.

This is a series of three videos that talk about how to network so that it’s productive for your business. We want you to succeed. We want you to network that it’s productive for your bottom line. We want you to go through that training so that when you’re welcomed into the community that you understand that. We have a Facebook page that is where most of our community activity is going on.

We have all kinds of resources on our Facebook page whether you’re starting as a wholesaler and you need scripts, those are up there. Whether you’re wanting to learn to run numbers for something, those are up there. There are all kinds of resources on our Facebook page. We have monthly member-only meetings. Those members-only meetings, not only do you get to connect with other members and learn about their business models and what they’re doing and see if there’s somebody you can do business with.

REW 93 | Growing Your Success

Growing Your Success: The beauty of being in a community of women is that we can open up our minds to different ways of doing things.

 

If you’re a wholesaler, you need flippers to buy your deals or whatever it is. Maybe you’re a passive investor and you’re looking for investments. Sometimes at the monthly meetings, we’ll have a speaker that might’ve spoke for us and come so you can ask questions that you can get that off-camera relationship going with some of the speakers and the experts.

Those monthly meetings are online. No matter where you are, you can go to that.

WREN has been around for a little bit and we started as an in-person networking company. We have eleven chapters across the US. When the pandemic hit, we went online and we haven’t started opening up yet. Some of the ladies aren’t ready to come out. What we did was go online and it’s been interesting. It’s cool that I’m meeting women from all over the US. don’t know about you but I have flipped in Los Angeles for a while but my buy and holds are not in LA. My buy and holds are in Memphis, Tennessee, Tucson, Arizona and Houston, Texas.

I’m real estate investing in all those areas. I’m meeting women in those areas that are investors. My network is like, “I need a contractor. That’s not in my local area. That’s in your area. Can you help me? I needed an insurance person. That’s in your area. Can you help me?” The value of the network is even expanding because it’s ten feet outside of my house. It’s in that community that I’m already investing in. It’s been interesting to meet women who are all over investing. We have a couple of women who are flipping in Alaska. It’s been great that way. Online has expanded things and in a perspective of, “Where is she investing? Is that a good market? Can you tell me about it?” It’s been interesting that way.

Those are some of the benefits of being a WREN member. We have also other monthly meetings where we bring in a speaker to educate you on a certain business model. For example, we have people come in that are flippers and they talk to you about flipping. Somebody coming in about raising capital or mobile home parks.

It’s all women always at the front of the room so that we can learn from them and we can ask them any question we want, from how they execute their business model to how they’re juggling it. We had one woman come in, who’s got five kids for goodness sakes. It’s like, “How are you doing that?” She was telling us about the systems that she’s using so that she doesn’t have to be away from her kids all the time but still can run her business. That’s helpful too. It’s an interesting community.

You also have Ignite which is your event. Is it one time a year? Tell us a little bit about that.

It’s been one time a year and an in-person event. It was a three-day event, the last time that we had it. It was amazing, great energy, with 250 women coming out. Celebrating not only real estate and our speakers that took the front of the room but also starting the day in meditation. Having that opportunity to open ourselves up for what we’re ready to bring into our lives that day. There’s a feminine touch to it all and the networking at the end with wine and stuff.

Surround yourself with people that you want to be like. Hang around with people who are doing what you want to do.

We went online for the pandemic. We had an event, last November 2021 but it was a one-day event. We’re hoping to have an in-person event in 2022. That’s on our goal list. The online events have been great and we try to do it a little differently. One of the things that we’ve done online is we have a pajama networking party day. Everybody dresses up in their pajamas and we bring a cocktail and we network together. It’s fun and it’s a different way for us to be chicks together. We have plans for 2022. Hopefully opening up and having an in-person event again.

I’m part of the network also. As I said, I love having a community but I’m not over-involved online at least through 2021. 2022, I’m looking forward to also building out my network too because I’ve got some new things coming and going in my life too. Please and come join me and Deborah. It’s at BlissfulInvestor.com/WREN. You can sign up there and then we can all start hanging out like chicks.

We have EXTRA, which is the membership portion of the show. I want to do a little bit of a deeper dive on helping people understand how to network for building their businesses and specifically going online. I feel like that’s been a little bit of a challenge for me. I know that you’ve had this experience through the pandemic of how to help people or women connect when we’re online whether it’s on Facebook or it’s at one of your community calls or one of your meetups online or at Ignite. Before we move into EXTRA, are you ready for three rapid-fire questions?

Yes, I am.

Give us one super tip on getting started investing in real estate.

Surround yourself with people that you want to be like. When I started, I wanted to be a flipper so I surrounded myself with flippers. I learned their vocabulary and I saw what they were doing. I asked them to share their numbers with me. I asked them to show me some on-site projects going on. Hang around with people who are doing what you want to do.

What’s the strategy for being successful as a real estate investor?

You touched on fear and walking through your fear. Focus on what you want, focus on why you’re doing this. I had a tremendous amount of focus on the lifestyle I wanted to live. That’s what got me here and I’m living that lifestyle now. You need to continue your focus on what it is that you want because that’s what’s going to pull you through the fear.

Tell us one daily practice you do that contributes to your success.

REW 93 | Growing Your Success

Growing Your Success: We all can do business in a man’s world and be short, direct, and succinct. But it’s also wonderful to embrace our femininity and do business like we want to do business which is more creative, collaborative, and win-win for everybody.

 

Grateful list. It’s funny because I woke up in a funk. I reached out to one of my friends and she was like, “Have you done your grateful list?” I hadn’t done it in a few days. I realized, “That’s what was missing.” When I’m grateful about where I am and what I already have, it’s much easier for me to walk through that day and take on whatever’s brought to me.

I jokingly say that as an entrepreneur, “Nobody calls me unless there’s a problem,” It’s the truth. If things are going right, I don’t hear from anybody. It’s always when things are going wrong that I hear from people but being in a grateful place puts you in a very resourceful place. When that phone does ring, I’m in a place of like, “I’m here. Brainstorm, let’s do it. Let’s figure it out.” It’s the grateful list for me.

It’s such a good perspective on it. It does make us much more resourceful. This has been amazing. We’ve got these pieces or little nuggets that we can share that can completely shift a person’s paradigm. My audience loves the three rapid-fire questions because it’s those nuggets that they can take into their life that can change everything. This has been so much fun. Thank you much for sharing WREN with my audience.

Thank you, Moneeka. This has been great.

Stay tuned for EXTRA. We’re going to do a deep dive on how to that work, not giving your number or giving your card and how to do it online so you can take advantage of all these resources that we’ve got that have been developed because of the pandemic. There are so many good things. The whole pandemic was hard and there was a lot of yuckiness and there were also some amazing things that served our lives that have come out from that too.

This is one of those amazing things that we can learn about and utilize to build our lives and ourselves and our wealth. I’m super excited to talk about that in EXTRA. If you are subscribed to EXTRA stay tuned, if you’re not go to RealEstateInvestingForWomenExtra.com and you get the first seven days for free of the subscription so check it out and see if you love it. Hopefully, you’ll stay with us.

For those of you that are leaving Deborah and me, thank you for joining us for this conversation. I hope to see you at WREN, networking, asking questions and all of that good stuff. I also look forward to seeing you next time. Always remember goals without action are dreams. Get out there. Take action and create the life your heart deeply desires.

 

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About Deborah Razo

REW 93 | Growing Your SuccessAlways an independent spirit, she started her first business in 1990. After owning and partnering in several successful small businesses, she realized that her path to financial freedom was through real estate investing.

In addition to her business degree and graduate work at UCLA’s Anderson School of Management, she expanded her investing education in 2011 with a series of intensive workshops with Robert Kiyosaki, The Rich Dad Advisors and The Real Estate Radio Guys.

It was a natural transition to shift gears from my 20-year design firm to my booming rehabbing business in Southern California. With her first house flip netting near $100,000 in profits her business took off. Her strategy of flipping houses in California for capital and buying and holding for cash flow in other markets for long term wealth has proven to be a success. And just 2 years ago moved from rehab to development.

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To listen to the EXTRA portion of this show go to RealEstateInvestingForWomenExtra.com

To see this program in video:

Search on Roku for Real Estate Investing 4 Women or go to this link: https://blissfulinvestor.com/biroku

On YouTube go to Real Estate Investing for Women

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