Going Big and Working with Partners with Tiffany Ward, Ep. 334

Tiffany Ward is a new mother, cross-fitter, and real estate investor. She started investing in real estate by buying a foreclosure at the age of 23 in Richmond, VA. In 2019, she turned to multifamily investing and in her first apartment deal invested out of state and served as a Key Principal. Tiffany founded Utmost Capital and works with others to invest alongside her in apartments. 

Let’s dive in to hear more on real estate investing and business. Announcement: Download Our Sample Deal and Join Our Mailing List

[00:01 – 05:20] Opening Segment 

• Tiffany talks about her background.
• Why she is pursuing real estate
• How her parents being debt free affected her approach to real estate

[05:20 – 11:28] Why Real Estate?

• What the first deal she did was like
• How she overcame paying too much and other obstacles in her first deal
• Lessons Tiffany took away from her first deal
• Why you should definitely have a property manager
• Why having operating reserves is crucial
• How a mentor can accelerate your process exponentially
• How thinking bigger allowed her to pivot to multifamily

[11:28 – 19:20] Covid Aftermath and Joint Venture

• How Tiffany started seeing the effects that COVID had on her business later on
• Joint Venture vs. Syndication
• The key differences between a key principle and an operator.
• How Tiffany got comfortable with the market.
• Best practices to learn about an area to invest in.

[19:20 – 24:49] Bullseye Round

Apparent Failure:

Not trusting her gut 

Digital Resource:

Canva

Most Recommended Book:

Unshakeable

Daily Habit: 

Taking her dog to walks

Curious About:

How she can get her kid to bed at night

I Wish I Knew When I Was Starting:

The power of a partnership

Best Place to Grab a Bite in Richmond

Lilly Pearl

Contact Tiffany:

Reach out to Tiffany at utmostcapital@gmail.com

Tweetable Quotes:

“If people don’t know you, they are not going to be interested in investing in deals with you.” – Tiffany Ward

“Trust in your gut as it pertains.” – Tiffany Ward

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