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All Forum Posts by: Kadia Lawrence

Kadia Lawrence has started 19 posts and replied 58 times.

Post: Thoughts? WREIN, Open Spaces or other courses?

Kadia Lawrence
Posted
  • Posts 58
  • Votes 15
Quote from @Kathy Leach:
Quote from @Rose Mary King:

Hi Kadia. 

I just finished the Masterclass, and decided to do the mentorship as well. I don't know about open spaces, but I can say that Wrein is actually the first to totally grab my attention. I have been to several n person events, and watched several webinars. you tube, etc.  Most are focused on 1 thing. I loved that they talked about so many different strategies and so detailed. I got so much new information out of the class that I haven't heard anywhere else.  If you can get that much information out of a $17 week long class. I can only imagine the year long mentorship.  I have never paid more than a few hundred dollars for any type of class, either because I wasn't motivated by the speaker, or didn't feel I could learn more from it. Or maybe I wasn't ready yet.  I'm going for it. I feel confident that I will learn, and succeed with this mentorship, and make more than 10X what I invested.  I say go with your gut feeling.  #1mil$by2024.  


 Hi Kadia!  So I see your post was about a month ago.  How is your mentorship going?  I'm considering it but need feedback from others first.


Are you looking specifically into BRRRR? Open Spaces is focused on that. WREIN seem broader

Post: Thoughts? WREIN, Open Spaces or other courses?

Kadia Lawrence
Posted
  • Posts 58
  • Votes 15
Quote from @Corinne Puchalla:
Quote from @Marcy Ramich:
Quote from @Marci S.:

I did WREIN in 2021 and it got me started on a pretty amazing and successful journey! They do a lot of training on wholesaling, BRRRR strategy, funding, etc. I also know Open Spaces and she is very good, but definitely more focused on BRRRR. If you know 100% that BRRRR is the only thing you want to learn, then maybe Open Spaces. But if you want a solid overview of all the ways you can make money in RE, WREIN is great and I love the community of women!

Hello I took the initial 17.00 course, but found that I could do better, without all the loud "Go team" time, with the BP beginner tools/ books, podcasts. That said, it sounds like WREIN  has a strong network once you've had an overview, but I heard that it was over 10k to go deeper.  There are other REI women's networks in FB that are strong.

 BP posts will help you figure out what to look for. In an old discussion about Jerry Norton, I learned really important adjunct  info about the biz  just from a long comment from an experienced investor/ flipper. Sometimes a teaching or YouTube program makes it seem simple, then you realize there are so many details that can come back to bite you.

Im new at this, and certainly grateful for this BP space

Hello Rose Mary,

I just finished the masterclass and I am curious how your experience has been in the WREIN mentorship thus far. How is it going?



 Would love to hear about it too!

Post: Using IRA to fund deals and offset penalties with RE tax breaks(??)

Kadia Lawrence
Posted
  • Posts 58
  • Votes 15
Quote from @Alecia Loveless:

@Kadia Lawrence Have you considered buying real estate in your IRA by converting it to a Self-Directed IRA and avoiding the penalties all together where all the gains and appreciation grow tax free? Just a thought that I'm looking into. I haven't done it the other way.


 Hi Alecia!  Thanks!  I do have an SDIRA that I use for other people's deals.  I have gotten mixed advice about using it for my own.  I was wondering if just using the funds and offsetting penalties with real estate tax breaks can be another path??

Post: Using IRA to fund deals and offset penalties with RE tax breaks(??)

Kadia Lawrence
Posted
  • Posts 58
  • Votes 15

Has anyone taken their IRA to fund deals and offset the early distribution penalties (10% and tax bracket) with RE tax breaks? What kind of tax breaks helped (e.g., depreciation, real estate professional status, etc)?

Hi All,

I am just getting into the BRRRR strategy. I wanted to survey this group to get a sense of the best member perks, tools and technology (particularly those that help you automate, scale and save $) that you have found the most useful in applying the BRRRR strategy at all stages of the lifecycle?

Thanks!

Post: Thoughts? WREIN, Open Spaces or other courses?

Kadia Lawrence
Posted
  • Posts 58
  • Votes 15
Quote from @Lucia Rushton:

@Kadia Lawrence depends on what you are looking to achieve AND what additional resources you will have to invest after taking the initial course and potentially signing up for additional coaching (which is normally the goal at any weekend course) No need to reply here, just food for thought. Best wishes,

Thanks for your advice!

Post: Thoughts? WREIN, Open Spaces or other courses?

Kadia Lawrence
Posted
  • Posts 58
  • Votes 15
Quote from @John O'Leary:

Hi Kadia,

I just spoke at an event for WREIN and it was fantastic. The women in that group are extemely knowledgeable, and have great resources. I'd be happy to connect you with someone from the group if you want to ask them some questions. As for BRRR, we spoke on that very subject and I would be happy to discuss if you want to connect.

Thanks John! Would be good to connect either someone in WREIN particularly if they have done BRRR.

Post: Thoughts? WREIN, Open Spaces or other courses?

Kadia Lawrence
Posted
  • Posts 58
  • Votes 15

Hi,

Wanted to get thoughts on 2 courses I have interest in. Open spaces by Palak Shah or WREIN by Tresa Todd. Both seem like good options (and I appreciate they are women led though not a requirement). Any thoughts on content, network, level of support, etc? Pros and cons? Any alternatives to consider particularly if new and interested in BRRR?


Thanks