Social Impact through Real Estate with Felecia Froe, Ep. 337

Felecia Froe, MD is the owner of Money With Mission, an investment company focused on empowering professional women to build wealth and achieve financial freedom through social impact investing. As a real estate syndicator, Felecia has partnered with like-minded investors and has raised money for several social impact projects, including a residential assisted living home in Kansas City, Missouri.

Let’s dive in to learn more about Felecia and her mission on having a social impact while investing. 

 

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[00:01 – 06:08] Opening Segment 

• Felecia talks about his background.
• How she went from being a urologist to real estate investing
• How she switched to investing in apartments and then moved on to residential assisted living

[06:08 – 11:30] How the Mission Started 

• What went wrong with Felecia’s investments in 2009 and what she learned.
• Why being undercapitalized is one of the big red flag
• The importance of finding your tribe and connecting with people
• The importance of creating a platform to engage with other people
• Why Felecia felt it was more about making a difference

[11:30 – 23:46] Social Impact Through Real Estate Investing

• How Felecia always considers how she can make an impact when investing
• The three levels of impact
• The importance of impacting your circle, your community and impacting your causes
• Felecia talks about her podcast “Money with Mission” and how she started it.
• Why Felecia decided to help other professional women.
• Contact Felecia

Links below

 

[23:46 – 29:34] Bullseye Round

Apparent Failure:

Having a credit score lower than 600 in 2008

 

Digital Resource:

Audio books

 

Most Recommended Book:

The Speed of Trust

 

Daily Habit: 

Drinking her green shake every morning

 

Curious About:

How some of her businesses are going to end up

 

I Wish I Knew When I Was Starting:

To have more confidence in myself

 

Best Place to Grab a Bite in Tulsa

Sweet Lisa’s

 

Contact Felecia:

To learn more about Felecia and download “Seven Steps to Creating Real Wealth” go to moneywithmission.com

 

Tweetable Quotes:

“All people who provide housing for people, places for people to work; that’s all impact investing. It’s all for the good. We just have to find the thing that drives us and is making that difference in the world” – Felecia Froe

“You can make money, you can have an impact. You can do those things together and have a return on your investment.” – Felecia Froe

 

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