WIN 26 - Wealth Building, Networking, and Igniting Your Fire Within!

Welcome to win the Women Investing Network, the podcast where you can learn from successful entrepreneurs, business leaders and real estate investors who are winning in business and life. Learning from others is the fastest way to grow your skills, gain knowledge and avoid pitfalls so you can win. Join our hosts, Elizabeth Embry and Jason Hartman. Elizabeth is a seasoned real estate investor, experience, experienced corporate executive and skilled mentor. Jason is a self made multimillionaire investor, entrepreneur and highly acclaimed thought leader. Together with their successful guests, you'll get the tools you'll need to win.

Welcome to another exciting episode of the Women Investing Network. This is episode 26 and today our guest is Deborah Razzo. You heard her originally in an intro piece from a prior episode. And so she's going to be talk about her career, her progression as a real estate investor and also her upcoming event of Ignite your Fire within through the Women Real Estate Network. When I went to that session in October of last year, it was a great opportunity. There was about 100 women, I think, that attended this session actually over that. And one of the women that I got a chance to meet was Jenny Steed. She's a wealth strategist from Paradigm Life. And I got a chance to see her a few weeks ago when I was in Salt Lake Lake City. And I'm super excited that she agreed to help introduce Deborah in this podcast. So, Jenny, welcome.

Thank you. Thank you so much, Elizabeth. This is a great, great opportunity and I'm really, really honored that you thought of me for this. So thank you.

Yeah, absolutely. You know, and Jenny, you're one of those people who is just this neat combination of polish, professionalism, knowledge, but then you're just a fun. And it just. I really enjoyed getting to know you when we were at Deborah's event.

Thank you very much. I lots of times think that maybe I shouldn't show all parts of me, but when I do, I'm always happy that I did. And so getting to meet people like you as well, where you just own who you are and what you do, and it really is a great privilege to be there. And Deborah, she's amazing. I love her to death.

Yeah. So I really enjoyed the Ignite youe Fire event. It was really interesting. There was this neat panel of speakers, people that talked about, I'm trying to recall now, it's been a while, but, you know, people that talked about storage unit investing, syndication, you know, reit, investment groups, a variety of things. What were your favorite takeaways from that event?

My favorite takeaways in general were not so much Individual pieces of information, but the simple fact that everyone there was very super clear on owning who you are and why you're doing what you're doing and having that be part of your foundation for everything that you do. And so while there was a lot of information shared there and a lot of different presenters, the underlying common ground was simply identifying what you want, who you are, and then going for it from there. That was really amazing. And I felt the power in the group. The other ladies there just really come together and support each other. That was the other thing is it wasn't people as individuals there. We were all there together in support. Like we were just one, which is so amazing. And that was my favorite part of it all, is as the event continued and was taking place, you could kind of feel everybody there connect and be together in our purpose there. It was so amazing.

Yeah, you know, that's true. It's funny when you go to a convention that has men and women and in real estate, it's predominantly men, as I'm sure it is with a lot of your finance conventions, that you might have the air in the air. Right. The feeling in the air is always a little different than these women focused environments where, you know, I just feel like it's a lot of collaboration, a lot of support, a lot of enthusiasm. So it's markedly different, I think.

Oh, hands down. Hands down. I've been to many, many events and I'm sure you have, where it's just a combination and more dominantly man, and the same feeling is simply not there.

Yeah. So I want to talk about you. So I talked just very briefly about whole life insurance and how our paradigm life and how it's part of my investment strategy, but I'm really not an expert. And so I was just wondering if you could give people some kind of a brief overview or some ideas on how they might actually leverage this as part of their investment strategy.

Sure, sure. In everything that we do, we want to make sure that we are investing for what we call the right purposes. So, for example, when I think about creating wealth as a woman, that equals security to me. So typically, creating wealth equals security for women, whereas creating wealth for the masculine or for men equals status and power. So when I think about creating wealth and that security, then I want to begin creating that wealth from a solid, stable foundation. Okay. Just like with anything, our foundation is what's going to hold us up. It's what's going to be there for us, no matter what, what comes along, as long as it's Properly set up. And we know that we have the right attributes in that. And some of those attributes include having a very high level of control in our foundation. And so when we have control, then we can then turn around and have control over the returns on our invested dollars that we will build on to our foundation. Okay. And one of the other attributes is we want to mitigate and have little to no risk on our foundation. And in combination with little to no risk, we want to be able to have tax benefits or tax free assets. And so what we do comes in and the whole life, the dividend paying whole life policies are, are a foundation piece. We want to build the foundation of our wealth building strategy with things like insurance, for example, helps us mitigate risks that we may face that could cause us to interrupt building our wealth. So insurance is one of those things that we want to have as the cornerstones of building our foundation. Okay. And not just life insurance, but any type of insurance, auto insurance, homeowners insurance, umbrella, all kinds of things are what help mitigate those risks or transfer risk to a third party so that we can focus on what we do best.

So Jenny, let me ask you a question. A lot. Oftentimes when I'm, you know, I have, I have a real estate rental incomes and I look at the insurance that I have to have as not an investment but as an expense. Right? It's a necessary expense. How is this insurance different than like your typical property insurance or your car insurance?

The biggest difference is unlike those types of insurance that was going to be my next piece is that you get to create a cash equivalent. With this type of insurance. Dividend paying whole life insurance has the ability to create cash and liquidity. So you have a cash value component in your dividend paying whole life policy that will then allow you to have that liquidity that you need to create other investments or to build your wealth. Okay? So with that cash and the cash equivalent, now that we have those pieces of our foundation in place, we can then start building up and that cash equivalent is going to help us do that. So as we all know, and you know that it's very important to have cash reserves and cash as a part of everything that we do in the event that something doesn't turn out the way we planned it to be. And that's where this can come into play. So it'll be a guaranteed piece of your dividend paying whole life policy. The cash value is going to set you up not only for unlikely events that may arrive and for investing in other things Such as investment grade real estate.

Yeah. One of the things that we did with our policy, I had an opportunity to buy a seller financed seven unit here in Washington state. And so we actually used my policies cash available cash as the down payment or the, you know, the 30% down payment for that. So not only did I still have my insurance policy in play, but I was actually able to leverage that money to be able to buy a 7 unit, which worked out really well because the interest rate that I had to pay back was dramatically lower than the, than that opportunity is yielding. It worked out really well. It was a neat tool in my toolkit, so to speak.

Yeah. And while that money is being leveraged, as you mentioned, to be able to buy this piece of property and have that down payment, the cash that you leveraged is still continuing to grow and earn dividends while you have control, use and liquidity of it. And that is where it becomes an and asset. So you have this asset that's continuously growing for you and you still have control, use and liquidity of it to create more power with the same dollar.

So is it just as simple as, I mean like, how do people get started with learning about this? How do they identify ways? What's the right level of policy for them? How do they figure out how they're going to be able to use this as part of their wealth building strategy? What's that process?

Typically I like to meet with people one on one. We can do that through phone webinars. And it really comes down to creating that financial foundation, education. And so because we know it's not mainstream, maybe it might be something completely new that they haven't heard of before. Then I will help them identify if this is the right tool for them, if it fits into what they're doing. Typically we like to see somebody who already has an existing saving habit. And so from there they're wanting to look at different ways to build their wealth that give them more safety and security in what they're doing. So for example, I might meet on webinars with an individual maybe four to six times to educate them on how to utilize this very tool. Does that answer your question?

Yeah, it does. And I gotta say, meeting with somebody four to six times before you actually decide you want to leverage this maybe may seem like a lot, but I gotta tell you, on the surface, this is very complicated. I know my husband and I, you know, reviewed the videos that you have online. We talked about it a lot. But you know, it took like five or six times for my husband And I discussing it before I could actually get how to use this right. It, on the surface, it's simple, but yet when you start digging in, it becomes like, this is too good to be true and how on earth am I gonna be able to use this? And it just like, it's sparks so many questions so quickly once you start dipping your toe in, which then makes a lot of sense why you might want to spend some quality time building a foundation with somebody.

Yeah. And it just comes down to be everything. And if you're really wanting to create that solid foundation, which is what this does, it's worth investing that energy and time. And you're right. It does feel like, oh, I don't really want to do that. I just want to get started right now. But what I've discovered is that it's a very important piece. And some people go faster. Some people need a few more webinars. And that's totally okay. I like to work with people where they're at and just kind of grow and evolve with them and feed them at the level that they are hungry for that new information.

Jenny, how do people get ahold of you if they want to learn more about you in Paradigm Life? What's the best way?

Best way to reach me would be on my cell phone. Can text or call me directly at 801-557-6450. Or if email is more convenient. My email is jlikejennysted s t e e daradigmlife.net Obviously, there will also be my link to my Direct website page on the show Notes.

Okay.

Awesome. Terrific. So, Jenny, this is a really interesting topic. I think that I need to have you back for a later episode so we can kind of dig in more. And one of the things that you were mentioning was the differences between men's investment strategies and women's investment strategies. And so I want to kind of dig into that as well. I hope to see you at the Ignite youe Fire within event coming up in October with Deborah. I think it's going to be a lot of fun.

I do too. I do, too. I can't wait.

And now our guest today. Our guest is Deborah Razzo. Now, you've heard a little bit of Deborah's story when we played an episode a couple of months back, I believe. But this is an opportunity to have a longer, more juicy conversation with her. So I've known Deborah quite a while. I'm super excited because I know you'll. You'll love getting to know her too. So Deborah Welcome.

Thank you, Elizabeth. Thanks for having me on.

So for those of you that may not have gotten that earlier episode, or people that don't know your story, I'd love for you to help people understand you and your passion around real estate.

Wow. There's a lot of passion for me around real estate, but it didn't really start there, to be honest. I've been an entrepreneur for over 20 years. I've had several different companies. But about seven, little over seven years ago, I was in a really severe car accident. And I think, like a lot of people, you know, something happens in your life and it's a turning point. And sometimes maybe it's physical illness or maybe it's the death of a loved one or, you know, whatever that is, a divorce. You know, some people go through something and you kind of reevaluate where you're at, and that's what happened to me. I was in a really bad car accident. In fact, I was laid up for over a year, healing. And, you know, I had a lot of time to think about what I really wanted out of life. And I really have loved the businesses that I've run, but they were really like me, making my own jobs. And I wanted something that was more liberating. I wanted to spend more time with family. I wanted to travel the world. All of a sudden, knowing that the end could be any minute, you kind of appreciate life a little more.

Yeah, absolutely.

Yeah.

I started looking into how to make money in a way that would be more passive. I mean, and I looked into all kinds of different things, whether it was royalties. I reread Kiyosaki's book Passive Income. A rich dad, poor Dad. I really just started looking at all kinds of things to think, how can I have more time and more freedom in my life and still have a passion for it? And I've always kind of had a passion for real estate. And so that was really intriguing to me. And I thought, well, let's just start looking here and start educating. And that's what I did. And at the same time, I also was kind of, like, not sure how to change my life. I knew I wanted some radical changes, and I wasn't quite sure how to get there. And I went to my first Tony Robbins event, and flash forward seven years later, and I have a real estate portfolio, and I'm gaining passive income. I now work for Tony, and I travel with him all over the world to help people transform their lives. And what was born out of that is a love for helping people to Their financial freedom, and in particular, women. And that's why I started the Women's Real Estate Network. We're there to help educate and support and bring women into their financial independence and their families. Well, I love that.

There's a couple of things that I really want to explore more. One is the fact that you were able to start your real estate business even though you were, in essence, in crisis. You had so much going on, you were able to really start this real estate business. Now, so many people are afraid to get started. They don't have the time, they don't have the education, they don't have the connections. So how did you go from all of this chaos, all of this stress, to being able to jump right into, to building these building blocks for becoming a real estate entrepreneur?

It was a really interesting process. First of all, I wanna just say that I was very highly motivated. I mean, I really saw I had that opportunity with the change in my life. I had that opportunity to really choose and say, you know what? I don't wanna live my life the way I've been living it. And I didn't have a bad life. Like, I had a great life. But I wanted time, I wanted freedom, I wanted flexibility. I really wanted all that stuff. And so that was the motivator that started. Started my process. I went to some Tony Robbins events, and through that, I started to learn how to change. And then I really just started surrounding myself with great people, educated people. I started asking around who was doing what, and I did business deals with people who knew more than me.

Getting that shortcut method. I like it.

It's totally getting that shortcut method. Meet people who you want to be your mentors and hang around them. I had a little bit of capital, and I decided at that point I was taught that you should formulate a personal investment philosophy. And I was like, what the heck is that? I didn't have any investment philosophy. I was like, I don't know, make money. I don't know what that is. And I started really digging into asking other people how they were doing it that were more successful than I was realizing. I have resources. Everybody has resources, whether it's money, whether it's time, time, whatever your resource is. How do you generate more out of that? How do you leverage that to the best ability?

I think that a lot of people, when they're wanting to get into real estate, they're thinking they need to go to a $40,000 class, they need to read books for five years. I love the fact that you were able to identify the people that were doing it well and partnering with them, or, you know, glomming onto them, being mentored by them, building a relationship. And then all of a sudden you're able to do it and you don't have to go through that wait period or that expense period. You were just getting in there and doing it.

Yeah, it was really the best thing I could do. And it was scary. I'm not gonna say that it wasn't scary and that I didn't feel like, oh my gosh, what the heck am I doing? You know, I definitely felt that. But you know what, I was like, here you go. Learn by experience. And if there's anything that being an entrepreneur has taught me, it's that, you know, you need to be a creative problem solver. And I always found that, like, there are solutions, you just have to dig for them. And if you're surrounding yourself with people that are already dealing, have already dealt with these problems before, it gives you a sense of certainty that you can get through it. So that was really what I did. And I decided at first to take my little bit of financial resource and marry it with some of my physical resource, my time resource. And I partnered with somebody who knew how to flip. And I thought, well, I'll start flipping houses and I'll take that capital and I'll reinvest it in buy and hold for long term wealth. So I was basically leveraging both types of income. Right? You've got your chunk money, which God love the chunk money can buy lots of shoes with the chunk money, but you also have your streams. And converting those into stream money and knowing that those streams are going to be coming in for years was also part of it.

So when you did this flip, was it something that was down the street or how did you find your flip?

You know, I actually, my first flip was about four years ago, so the market was still really pretty good here in Los Angeles. I was looking everywhere and I ended up actually buying it from a wholesaler. I was out at real estate clubs. I can't tell you how much real estate clubs have affected my life, especially because they're so low cost. I mean, the real estate clubs here are like 20 bucks. And you go there and it's not only about listening to the speaker that they have, but it's about networking with other investors that are actually doing investing and getting to know them. That's how I found my flip house. There was a wholesaler and he had a deal under contract. And I went for It. And it was a hoarder house, you know, it was. But ugly. But those are the ones I really love, believe it or not.

And.

And, you know, it took us start to finish. It took us about. Well, it took us a month for escrow and then about two and a half months for the actual rehab work and then another couple months to sell it. So we were in and out in about six months and we made a great profit. And I was just like, oh, yeah, give me more. And then I started going to auctions and also, you know, learned that process. And yeah, it was great and it was exciting. It was really good.

So I love what you were saying about the fact that you could go to these clubs, these investment clubs, real estate clubs. I remember the first time I went to one of your women real estate network meetings in the Los Angeles area. Gosh, I think it was. Was well over a year ago. It's got to have been over a year ago. I just love that sense of community, that sense of, you know. You know, these are women that are busting ass and knowing, or they're brand new and they're scared and they're trying to figure it out and they're building relationships. It was such a neat atmosphere.

And that's one of the things that I really enjoy about the women's real estate network. You know, we have just fostered an environment of bringing in some, first of all, just real, badass real estate women who have just a ton of heart and are willing to open themselves up, not only personally, but professionally and talk to other women about how they made it, how they're, what they're doing and, you know, and bring them alongside to mentor them and have relationships with them. It's really interesting. Like, so many of us are all doing business with each other now, and it's great. It's incredible. Not that we don't do business with men. I mean, we do do business with men, but it's different. We have a different take on things. We're juggling differently than men juggle. We do business a little differently than men do business. And, you know, it's always great to have a glass of wine at the end and talk girl talk.

That's right. That's right. So are all your investments local? Are they all flips or what's your portfolio like these days? Right.

I'm still doing flips. In fact, I just sold another flip that I just finished and I just cleared that house out of all of its staging this past weekend.

Congratulations.

Thank you. That's Going to be a nice little piece of chunk money. And then I have single family homes in Memphis, Tennessee. I started that portfolio a little over five years ago, so at a really good time in the market. So those homes actually have some equity now.

It's really fun to not only grow some equity, but have the renters be paying off the loans on those. It's kind of cool. And then I have some multi families in Tucson, Arizona and I'm in with several other parts partners on that deal. And that's also fostering things. And I'm on to looking at new stuff. I've been investing now in notes for a little bit. I really am a believer that you need to really look at yourself and diversify your portfolio in what's most comfortable for you. It's really important to me to be able to sleep at night and I need some safe money on the side. And for me, some of the notes that I've invested in, it's not knowing that they're asset backed and they're just fostering some return and they're low risk is kind of my safe money, you know.

Yeah, and I liked what you were saying about this. In essence, you've built this layer cake of these different kind of income streams with different risk profiles with different, you know, assets types associated with them. It's a neat move.

Yeah. I mean, and it's all real estate backed. And I'll just be real transparent with you. You know, I don't invest in the stock market anymore. And I'm going to say one of the reasons that I don't invest in the stock market is because I don't follow it. I invested for a long time and I just don't have that inclination to look at what my stocks are doing. Give me a house, put me on Zillow. I'll be there for hours. Put me on the stock exchange. I'm like, it's just not interesting. So I really encourage you. I mean, if you have an interest in stock market, for all means invest in what you're interested in. Invest in what's going to keep your attention. Like, I think that has got to be the first move that you make.

Right, right. I also started in investing in the stock market when I was quite young. But then I realized, like, I didn't really understand even what I was investing in. You know, and one of the things that Jason talks about is the fact that if you buy, let's say, IBM stock, you don't actually, you know, know what those, you know, the people behind the curtain, so to speak, are actually doing with your money. When it's real estate, it's a lot more tangible. Like you said, it's physical assets.

And you get it, you buy it, you sell it. You know, you understand if there's a problem with the plumbing, you get it. There's. There's not a lot of mystery. And I guess I'm a little simple that way, but it's true.

It's true. And one of the things that I find really interesting was your approach to education. You know, you were also, again, doing this sample of seminars, relationships, and then you had this Tony Robbins component kind of exploring or expanding not only your approach to education, just in general, but it was also exposing you to a lot of different. Allowing you to build a lot of different relationships, too.

Yeah, and that's the key. To me, it was building relationships. I think that in the businesses that I've built prior to real estate, I've been, you know, kind of a loan shark. You know, like, I've just done it on my own, and I've had business partners. But it, you know, wasn't all about relationship building. And when I. After my accident and when I started in the Robbins realm, I realized what I was really missing out on, the depth of relationship there, and I really started to build that muscle. And honestly, you know, I think that the women's real estate network was really marrying two loves, and the two loves are real estate, because I really believe it's such an amazing vehicle for financial wealth, financial freedom, and coaching and being able to coach and mentor people coming into real estate, people who want to, you know, somebody who just wants to afford a vacation for their family or somebody who wants to support their family through it. It's an amazing realm to be able to do both things at the same time. And I feel like now that I'm a trainer for Toni, I have a different skill set now where I really feel like I can help people in a different way. I came from background. My parents were blue collar. It was, grow up, save your money, pay off your debts, pay off your house. I have a certain mindset. And traveling with Toni and being in that atmosphere, you realize, oh, okay, things can really be different for me and everybody else out there. And it's kind of so spreading that for me that that whole thought of, you know, what life do you desire? You know, make it real, you know?

Well, that's the thing. It's like, have the vision and then put in the time to make it real. Trying to problem solve or you know, you have relationships with people that you can ask, hey, I've got this, I've got this house in Tennessee and I'm having this problem. What do you think? And that's what I love about, you know, when you go to these seminars and you meet these people. Because when you're in your day job, when you're in your nine to five, so to speak, you know, you're around people that have expertise in the area of, let's say, technology or, you know, whatever you might be doing. But then if you're starting to build your muscle around real estate, you need that community, but chances are they're not right next to you. And then having this network of people that can, you can tap into and say, hey, I've got a problem. What do you think? I know that I've tapped into you several times when I was having some.

Challenges, our history there, Elizabeth. I mean, we, your listeners don't know anything about us, but we met each other, what, like six years ago at a due diligence seminar, right?

Absolutely. Yeah, yeah, yeah.

And we realized you guys had, you know, a portfolio in Indy. You know, Memphis is a similar market. And I remember we'd talk to each other sometimes, hey, have you heard of this? And what do you doing about that? And have you talked to your property managers? Do your property managers do this? And I mean, it was a really useful resource to have each other there, right?

Absolutely. And we would actually set up Skype calls and we would do like these mini Mastermind conference calls to kind of problem solve or assess new opportunities. It was a lot of fun. It just made me feel like I wasn't alone, you know, I wasn't alone as I was trying to make these big life changing type decisions.

Right, right, exactly. And there's somebody right next to you going, well, I don't know, but I've heard this or I've tried this or this has worked for me, you know. And you feel armed, right? You are, you're armed with a little more knowledge and a little more support and you can execute wherever it is that you're trying to go a little better.

Yeah, absolutely, absolutely. You were talking about when you purchased properties initially, you know, it was a really good time in the market. Do you see a bubble coming again or what are your feelings about? Because you've inferred both changes in the Los Angeles market and the Memphis market. What are your thoughts about what the future might hold?

I really wish I had a crystal ball when it comes to that. I see the Los Angeles market being at the top of the market, we're plateauing right now, and I'm selling assets here. I figure that with every top comes a bottom.

I'm kind of figuring that we are going to have some kind of recession pullback of some sort. We'll recede in some way. And I listen to a lot of. I can't encourage people enough to listen to some economic indicators just so that you're making smart decisions about what market you're in. And each market is different. You know, one of the reasons I invested in the Memphis market is because it doesn't have really high highs and really low lows like the California market does. You know, it varies maybe 5, maybe 7%. And so I'm not going to make a lot of appreciation like I might make in California, but I'm also not going to get a lot of depreciation like I would get in California.

Right.

You know, I think that it's really important for you to watch your markets and also watch generally the economy. You know, we're. We're starting to see interest rates creep up a little from year to year, you know, and there are changes being made ever so slowly with a new president coming in and, you know, there are changes being made and, you know, you just have to keep on top of the local things. But once again, I do it. You know, I talk to people that are smarter than me and watch the markets better than me and then I follow what they do.

Smart move. I like it.

So I do believe there's going to be some recession happening, but I think it's going to hit each market in a different way. So being on top of that and that being said, are there always good deals out there? Yeah, there are. I think in a market that's peaking, they're a little harder to find. You might not find them on the mls, but you're going to find them through relationship. You're going to find them through wholesaling. You're going to find them through just building relationships with other people. The flip that I just did was building a relationship at a cash flow game. And she actually owned the house outright and seller financed. It was beautiful. Right. So there are deals out there. It's just going to. You're going to have to go about it in a different way.

I think this is where the event got that smart piece of being geographically dispersed too, because bubbles, you know, if they burst, right. They don't. It doesn't happen in all the same place, you know, all, all at once. In all the locations. So not that you would ever want to time the market, but you know, your play of the geographically dispersed portfolio really goes in your favor that way.

Yeah, it does. And it's funny because I speak to a lot of investors and some investors are very wanting to keep all their investments within driving distance, you know, and I obviously don't have that need. I invest out of state and I think, you know, Elizabeth, you even invest out of country, which, you know, congratulations to you. I haven't yet done that. But you know, I also feel a little more diversified. You know, if something affects a particular market, it's not bringing my whole portfolio down.

Hey, before we go, I really wanted to make sure that we talk about your upcoming event, your Wren Ignites.

Yes. Well, I'd love to talk about Wren in general. You know, we've been growing and it's been great. You know, you were so, you know, amazing in helping us with the Seattle Wren chapter. And we are actually opening Orange county chapter next month.

Congratulations.

We're really excited about that. And we're also opening a Phoenix chapter. So those two chapters are going to come on board just in time for our big Ignite event. And our Ignite event was our first annual Ignite event last October and we're going to do it again this October and we had over 100 women come out and this year we're expecting 200 to 250 and we're making it an all day event. It's going to be October 21st and it's going to be some kick butt women that are going to run breakout sessions as well as, you know, we've got some keynote speaker coming in and it's going to be just really fun. So if you're Interested, go to reninspires.com we're starting just to get things up and going there. Or send me an email drazzoeninspires.com and we'll make sure that you get on the list. But it's going to be really fun. Going to talk a lot about real estate, but we're also going to cater to the whole woman. We're going to have a meditation session. We're going to do some really fun, fun things that are just chick stuff.

I like it.

I like it. And it's like this combination of the trend of self care with the steady Eddie of real estate in creative new ways and mashing them together. I love it.

Yeah, you know, it's one of my objectives to like help pamper us, you know, I mean we're doing a lot during the day. We usually have every minute filled, whether it's with children or parents or cats and dogs, whatever it is.

I really think that Wren should be a place where you not only get fed intellectually by surrounding yourself with women who have been there and have done more than you, but you should get nourished both physically and have a laugh and enjoy the moment. We really are looking at making our rent events like that.

You know, last time I did the rent ignite, I felt, like, totally empowered and invigorated, and I met so many people that I'm still in contact with. It was a lot of fun. I'm really looking forward to the next one. It's going to be great.

Yeah, I think it's going to be wonderful. And, you know, as always, there's the opportunity to surround yourself with people who know more than you and start doing business with them, learn from them. I mean, this is a group of women that are open books. They're saying, hey, this is what I've done. This is how I do it. This is where I get my money. This is where I get my resources. This is who I use for a team. I mean, they're really like amazing, gracious women. So it's really fabulous.

Well, Deborah Razzo, founder of Run Inspires, Tony Robbins, coach, and just an amazing entrepreneur. Thank you so much for joining us today.

Oh, thanks so much, Elizabeth. And as always, it's wonderful talking to you.

Thank you so much for listening to the Women Investing Network. Be sure to subscribe, rate and review the show on itunes or the platform of your choice. You can find the show notes and resources for today's episode@womeninvestingnetwork.com remember that guest opinions are their own and information is of general nature, so be sure to consult appropriate tax, legal or other professionals for specific advice.