How to Make Money in Real Estate with 100% Financing with Jhanel Wilson, Ep. 339

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. Announcement: Download Our Sample Deal and Join Our Mailing List [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”   Thank you for joining us for another great episode! If you're enjoying the show, please LEAVE A RATING OR REVIEW,  and be sure to hit that subscribe button so you do not miss an episode.