Jhanel Wilson is a chemical engineer turned thriving real estate investor. She scaled up to an 8-figure portfolio using government programs, and being a defensive investor with a recession and pandemic proof portfolio. She is the Founder and CEO of The Savvy REI. She is on a mission to share her 17+ years of hard lessons & personal strategies to help you become a better investor.
John sat down with Jhanel to learn more about her story, strategy, and secrets to become a savvy real estate investor. Let’s dive in to learn how Jhanel started with no capital and created a pandemic proof portfolio.
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[00:01 – 06:40] Opening Segment
- Jhanel talks about her background.
- How she got started
- The challenges she encountered and what she learned from them
- How she managed to scale her portfolio
[06:40 – 10:03] Investing with 100% Financing
- Why you need time for active investing
- What to do when you have the time but no capital
- Leveraging good credit to get started
- How you can mitigate some of the risk and some of the potential exposure when investing with one hundred percent financing.
- How Jhanel managed to get a $300k appreciation from a $17k property.
- How having access to hard money lenders and credit cards is really helpful
[10:03 – 30:16] Fund Investing
- Jhanel talks about her book “Invest in Real Estate with No Money Down”
- How Jhanel manages to get great appreciation from the properties she buys
- Why she keeps away from the hot areas while investing
- The importance of getting ahead of development before an area gets hot
- Why Jhanel took over the operations for managing her properties
- John breaks down why you should choose the right property managers for the right type of property.
- Why buy and hold is a great way of investing
[30:16 – 34:35] Bullseye Round
Apparent Failure:
Losing so much time on a squatter
Digital Resource:
monday.com
Most Recommended Book:
How to Win Friends and Influence People
Daily Habit:
Reading and learning
Curious About:
Digital marketing
I Wish I Knew When I Was Starting:
That the most important thing is networking
Best Place to Grab a Bite in Philly
Stephen Starr Restaurants
Contact Jhanel:
You can find Jhanel on her Instagram.
Tweetable Quotes:
“You just have to be able to get through the project and even if you use credit cards to do that; it’s ok – as long as you bought right.” – Jhanel Wilson
“Buy and hold is definitely the best because you can just keep re-tapping into your properties without having to buy more and make your money work for you”
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