117. From RN to ROI - How This Nurse Built a Real Estate Portfolio with Stacey Stegenga

Westside Investors Network

ABOUT STACEY STEGENGA

Born and raised in a small town in Michigan, Stacey joined the Air Force to see the world. After 14 years of living overseas and in multiple different states, Stacey moved to Colorado to settle down closer to family. Despite being a critical care nurse for 11 years, her income was nearly cut in half from relocating. In 2018, she found the book “Set for Life” by Scott Trench and became a devout student, learning as much as she could about real estate investing. Stacey has since acquired 4 duplexes and is a passive investor in a syndication. Stacey’s love for real estate investing stems from supplementing her salary as a full-time nurse. She is passionate about improving healthcare and advocates for legislation to change the harmful work environment that so many healthcare professionals are forced to tolerate.

THIS TOPIC IN A NUTSHELL:

Stacey's career background and journey to real estate

Reading the book - Set for Life

Her WHY of the transition to real estate

How do you remain excited about buying properties after the first deal?

Power of Compounding

About the Duplex Deal in Tampa

Unit mix, description, and how she found the deal

Underwriting, Acquisition, and Negotiation Process

Value-Add projects done

Her biggest pain points in investing

Biggest takeaway

Why she prefers duplexes as an asset

Future projects and diversification of portfolio

Why did you invest as a limited partner?

Her target market for deals

Appreciation vs Cash flow in real estate

Connect with Stacey

KEY QUOTE:

“I have to make changes, in order for me to ever get ahead on a single nurse income. Investing is the only option truly.”

ABOUT THE WESTSIDE INVESTORS NETWORK

The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.

The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.

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CONNECT WITH STACEY STEGENGA:

Website: https://linktr.ee/investforfreedom

LinkedIn: https://www.linkedin.com/in/stacey-stegenga-655b5358

Instagram: https://www.instagram.com/investforfreedom_rn

CONNECT WITH US

For more information about investing with AJ and Chris:

· Uptown Syndication | https://www.uptownsyndication.com/

· LinkedIn | https://www.linkedin.com/company/71673294/admin/

For information on Portland Property Management:

· Uptown Properties | http://www.uptownpm.com

· Youtube | @UptownProperties

Westside Investors Network

· Website | https://www.westsideinvestorsnetwork.com/

· Twitter | https://twitter.com/WIN_pdx

· Instagram | @westsideinvestorsnetwork

· LinkedIn | https://www.linkedin.com/groups/13949165/

· Facebook | @WestsideInvestorsNetwork

· Youtube | @WestsideInvestorsNetwork