{"id":154,"date":"2020-12-13T22:20:17","date_gmt":"2020-12-13T22:20:17","guid":{"rendered":"https:\/\/wordpress-655153-2137993.cloudwaysapps.com\/?p=154"},"modified":"2020-12-13T23:18:12","modified_gmt":"2020-12-13T23:18:12","slug":"msfire4","status":"publish","type":"post","link":"https:\/\/msfiremama.com\/msfire4\/","title":{"rendered":"Case Study: REI in the Time of COVID"},"content":{"rendered":"\n
The Coronavirus Pandemic put more than a wrinkle in 2020. It put the economy at a standstill and created a mess of uncertainty. While it slowed real estate transactions, the demand for homes, whether to buy or rent, continues to remain strong. Properties are selling, people are buying and home continue to appreciate, or increase in value without actually having to update or improve a property. <\/p>\n\n\n\n
The value of real estate investments, both as a source of income and stability, continues to shine through the insanity that has been 2020. <\/p>\n\n\n\n
A perfect example of someone realizing the benefits of real estate investing (REI) is my friend Jennifer Ward. I met her at a Meetup group she hosts called Long Distance Real Estate Investors.<\/a> The first time I went, she commanded a group of 10 to 12 people in one corner of Zeppelin Station in Denver, CO. It was early 2019 and she was pregnant. That expecting mother glow was bright. <\/p>\n\n\n\n I was excited to both be at the group and meet another mother in the REI realm. I couldn\u2019t wait to talk to her after the meeting.<\/p>\n\n\n\n I found out Jennifer and her husband Justin \u201cbuy and hold\u201d (purchase homes to rent) properties in Indianapolis, IN. They currently own three single family homes and one duplex for a total of five doors. They own their home and lease out their basement, also known as \u201chousehacking.\u201d We\u2019ll expand on that a little more in a minute.<\/p>\n\n\n\n Jennifer planned to pursue investing full-time once the profit from investments replaced her income. But with the baby on the way in 2019, she decided to leave her job working at a local university before she hit that goal to become a stay-at-home mom. She hoped to balance motherhood with real estate investing. Like many mothers realize, doing anything while having an infant or a small child is a challenge. However, Jennifer remained undaunted and took on a different investment strategy.<\/p>\n\n\n\n