EP 608 – Creating Space For Female Real Estate InvestHERS With Elizabeth Faircloth

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This is the no Closer show where you get the latest developments in distressed note investing and learn the secrets of how you can control millions of dollars worth of property for pennies on the dollar. Get educated and entertained by someone who has closed thousands of deals and lives to support you in achieving the same. Now here's your host CEO of We Close notes, Scott Carson.

Hey, not nation. Especially our ladies out there. We've got a great episode that I think you're gonna love. Half of our audience is women right about the point. 49, 50%. So we're honored to have my friend Elizabeth Fairclough from the Real Estate Investor Podcast join us today on the Nutclose Show. Liz shares some of her insight into overcoming obstacles, what she's really working to do in building the community with the real estate investor community and their upcoming event that she's working on to really help provide guidance and counsel to other female real estate entrepreneurs. So stay tuned guys, you can learn a lot from this episode too. So don't log off. Listen to this. If you got somebody who's a real estate investor, definitely recommend this article episode out to her as well. So stay tuned and you learn a lot from Liz up in the New Jersey market. Good morning, good afternoon, good evening everybody. Welcome to this episode of the no Closer show. As always, Scott Carson. Excited to be here with you today. I am honored to have a very special guest who really is kicking butt and taking names out there this episode. You know guys, we've been talking about different markets out there. You know, we've talked about Miami, we talked about San Antonio, Dallas, other parts of the country. And I'm honored to have this lady come in and talk about a market that is our number two market actually as far as our listeners out there. So that if you guys are up in the New Jersey market. Sorry, that's my horrible accent. Trying to make my accent. Our guests are a big one. But this lady is a phenomenal residential and commercial real estate investor up in the Trenton, New Jersey market. Her and her husband have done an amazing job with their real estate business. She's the co founder of the Derosa Group, started with her husband Matt and they are own commercial residential real estate with a mission to transform lives through real estate. She's also big into helping other women out there. She's a co host of the Real Estate Investor Show. It's a podcast providing straight talk strategies along with inspiration from successful women who share the journey. She's also got an upcoming online virtual summit here in a couple weeks. So we are honored to have the always amazing and it's been way too long since we last connected the one, the only Liz Fairclough, join us on the Noclear show today. Good morning, Liz.

Absolutely. Thanks, Scott, so much for having me on. It's an honor. It's so nice to see you again and beyond and hopefully help your listeners in some way.

Yeah, yeah. Well, let's first talk. So you guys have been investors for what, 15 plus years now and you've been through an up and down cycle before like the rest of us, which is a beautiful thing. Are you starting to feel some of the tinglings that you had maybe throughout 15 years ago or I should say 12 years ago when the market went south beforehand with what's going on right now?

Yeah. So I mean, you know, it's interesting because the last market, you know, correction was what, you know, 07 leading into 08. At that point we were, we had a number of multifamily properties and then we had a commercial building and we just bought our commercial space, you know, of this building. It was vacant and we had just bought it literally, and it was vacant and the recession and hit and it was like, this is not good. It was a 10,000 square foot building in Trenton, New Jersey. So it was hard to find one tenant, which was our thought process. We were going to get one tenant to fill the space and bingo bango and be done. And that's totally not what happened. So we had to get really resourceful very quickly and we pulled out of that. You know, we ended up breaking it up into small space because it just made the most sense and we've had that building since, since that time. And. But yeah, I mean it's, you know, I'd like to say this was a very different, I think the recession that's going to now unfold obviously is going to feel probably in some ways similar right to then. But the like impact of just, you know, the pandemic, stay home, this fear, everything shutting down, that was different. That was certainly different. That was not the same feel back then. But yeah, in terms of our multifamily properties, knock on wood, have not missed a beat. We got ahead of the curve with the virtual tours where a lot of these larger apartment buildings, some of them were like, you know, a month in trying to figure it out, to be honest with you. And right when it hit, we were like, we gotta be ahead of this curve and we work with our property managers to just literally do that right when it hit. So we actually Then started really creating more. Our occupancy has gone up significantly even before. Even before the pandemic, which has been great. But that was. But, yeah, our commercial building has taken a little bit of a hit, but we have shared space. It's small office users, so. And it's a great space in Trenton where it's, you know, person who just wants a little office for an affordable amount of money where they can network with other people. And it's less than 30 people in the building, so it's a. I think we're going to do just fine. But, yeah, certain businesses are hurting. Really, a lot of businesses are hurting. So we're going to need to, you know, focus on the businesses that need that. That little retrieve. Right. They're done with being at home with their. Or they're. They're not going back to the big space, but they do want to satell like that's who we really need to be marketing to, which we're putting together a plan for.

I love that you guys did virtual walkthroughs, virtual tours, before everything got rock and rolling. That's an important thing to have to help you market so that people that are looking, that don't want to go out can't still see some things. But it's such a very powerful tool that I don't see a lot of people doing that on a regular basis. They just. Why do you think that is, Liz?

You know, we were honestly, we weren't doing it right before the pandemic, but we knew that, you know, just obviously it was like, this is crazy. We're not sure when our property managers even can get back into these buildings. And they're working from home. Everyone's working from home. Yeah. You know, I think tech is a big, you know, it's in. It's in front of people and it's. It's very uncomfortable for people. Even me. I mean, I'm not someone who is like 95 years old here, but tech could be a little overwhelming at times, and I think we need to move past that and we need to just be like, how can we. And one of our team members, our asset manager, is a little bit. He's really just savvy with different things. And then you start to talk to people. It's like, well, it's easy. You can just do this. And it's just getting the right people and the right solutions together. But, yeah, I think tech feels a little heavy to people. And especially if you think about, like, tired landlords right now or People have, who have buildings. No, no matter. Regardless of size. When I say tired landlords, it's not just like a duplex. I mean you can meet people that have a hundred unit apartment building. That's a mom and pop type of operation. This is not just, you know, small buildings. They have not kept up with the times of tech, online payments, I mean the whole gamut. I mean we, we bought a building, Scott, about six years ago as a 50 unit building, apartment building. And you'd think it have all these like, you know, just, you know, standardized, you know, rent processes in place that one of the tenants would go around once a month to those 50 people and that's how she collected rent every month. Right. Not, not like two duplex. I mean even that's a little crazy. But now 50 units, right. So, and this was before obviously. So I think right now with everything happening, it's forcing people to get more, you know, tech savvy and figure out how do you run your business without having to go to people personally, you know, which I think a lot of people get and a lot of people didn't get and now are getting or having to be forced to get.

I think it's a fear we all get used to doing business as normal a lot of times and as time stretches out, oh, I don't want it. That's not. If it ain't broke, don't fix it. You know, I think as a lot of people, well, look, you know, sometimes just because it ain't broke doesn't mean it's the most effective aspect of things. There are things you can do very inexpensively, ach payments, online forms. I mean there's some of the simple things that do in the note business where now if we get a payment from our borrowers, most of the time it's done electronically. And it's just a matter of educating the borrowers or the tenants to take advantage of those opportunities so they don't have to leave their house, they don't have to write a check. When you say write a check. I couldn't write a check unless I went to the bank and got a custom check made. These days nobody's messing around the checkbook for them.

Yeah, yeah. And cash, people didn't want to touch cash with all the germs. Right. So it's just very interesting. I think it's, you know, there's always opportunity, but it's, it's a transition and you got to stay, you got to move fast and you can't wait.

Now up in Your neck of the woods. The market's been strong. Are you. Have you seen a lot of appreciation the last couple years? Are you not. You're doing mostly commercial and multifamily. Are you doing any single family fix and flips or anymore anything like that?

We are, yeah. So we are actually selling right now. We're in the process of, I keep repeating the perfect buyers coming to me because we're selling this one property in Jersey and it's, it's, it's been a little time. So it's a little bit of a higher end property too, which is not our, wasn't our typical. We're more like the first home buyer type of, you know, flippers, so to speak. But yeah, we've always done flipping kind of part time and our multifamily business has been on more of our bread and butter. We're not actively flipping. Like we didn't have any in the pipeline before this pandemic just because the market was crazy. What people wanted both for multifamily really for anything that you were. It was definitely not the market to be buying unless there was just a really good reason and there's a distress situation. Right. But yeah, I think that market's going to change. It's changing and it's gonna become a buyer's market and it has become in some ways as long as you can get your inspections and you actually can operate business, you know, which I think we're not opened up yet. Yeah, we're in the, you know, even though I'm in, I live in a county that's very low amount of cases which is Bucks county in Pennsylvania. Our business in Jersey. Yeah, everything's really still pretty, pretty shut down. And you know, we're right really close to obviously New York. So you know, Philadelphia, all those sort of things. So we're still kind of in that shutdown mode. Yeah, I think you're going to see a different market. I think there's me tons of opportunity not just in real estate. Right. But in businesses. Yeah, that's, you know, that's what we're thinking about is, you know, we're actually launching potentially something new where we can get complimentary businesses that support our real estate. Because there's going to be a need desperately a need, you know, because the tired landlord phase is now the tired business owner phase. People can't withstand and with, you know, really move through this and a lot of them don't want to. They're done. They were done before the pandemic. Now this is Just a good reason to retire and sell their business.

Yeah, that's. We're going to see a huge amount that businesses that don't open right back up, especially the bigger strip malls, you know, some of these tents are never going to reopen. They're just going to go on to do something else. And that's, I mean it's, I don't say it's a perfect storm for distressed assets because you know, we're still having six, six months out come from. Kind of see wherever you're all the cards, you know, fall and what the government's gonna bail out, what's not gonna get bailed out, who's gonna forbear for six months or not? I mean, Fannie Mae's talking about six month forbearance and then a secondary six month forbearance for people to help them out. So the thing that's always interesting about the New Jersey market is in a debt space is we've always kind of avoided it because the longer foreclosure timeframes up in the neck of the woods, interesting, especially being, you know, now the nice thing is if it was a vacant property, they did have an escalated time frame. You know, non contested foreclosures were a little bit faster, but literally it'd be in a two year timeframe to foreclose on occupant for the most part. It's like ouch for a lot of us out there. As long as you're buying reos or dealing distressed homeowners that want to walk.

Away, I think the other opportunity will be, and you've seen it already, where, you know, the interest in living in those cities, you know, the bigger cities like the Newark and you know, in so many of these different cities, people are fleeing them, right? They've been fleeing them because of the pandemic. I think you're going to see that continue. You're going to start to see people that want to move from Brooklyn into a nice little residential area in Jersey. So the need for flipping, you know, I mean, even where we live here in New Hope, we vowed that we were not flipping anything for a long time or focused. And it's plus it was in the market. But now with everything going on, I'm looking around all the time. If I'm taking a run, I'm like, I totally want to flip a property in our area. It's suburbia, it's a little community. People are going to be fleeing the cities and this is where they're going to come to be Honest with you, they're kind of done with that, you know, experience. Not everyone, but I think you're going to see even an increase. So yeah, I mean, in terms of opportunity, just looking for those, you know, beat up properties in nice little neighborhoods that people want to live is only going to increase, I think, big time. So that's a huge opportunity, especially in New Jersey, you know, because it's still a little more affordable than New York and those sort of things.

I totally agree to that. I mean, in the first time homebuyer aspect of things, that's where that's the biggest pond to be fishing and that's where we're going to see the most amount. You know, that's where rents still make the most amount of profits for the most part. If you're going to turn into a long term rental or, you know, try to do an Airbnb in a variety of ways. Let's talk a little bit about the community you've grown though. You've done such an amazing job growing the podcast and growing a community. Let's talk about idea when you first started that. And then maybe I won't say mutated because that sounds like an ugly term, but I would say I think it's a beautiful thing on how you've grown it and some stuff that you got going on there. Let's talk about that, Liz.

Yeah, yeah. Thanks, Scott. So, you know, it's interesting because I actually just recorded a little promo video today. I was talking with Jesse yesterday and I told her that 20 years ago she didn't even know this and she's my partner. So 20 years ago I wrote a business plan. I was basically social work school really quick and I met meet all these women who just emotionally, physically, mentally were abused. And I was like, this is really not right. And you know, I knew I didn't want to be a counselor. I actually went through social work school and ended up going into corporate. However, really struck a chord with me and I said I really want to create an organization one day that supports women. And at the time it was going to be in counseling. And then I went to the took a class on businesses, which was unheard of because you're in social work school. But anyway launched a business plan and I wrote it out and it was going to be a woman specific organization to support women in getting them to, you know, the better self, right. Through lots of different avenues and counseling services and what have you. That was 20 years ago, right? So anyway, long story short, here we are and two years ago. My good friend and I have always been drawn to supporting women. We're chatting, and we were flipping property in Philadelphia together. So we were working together in real estate investing, and we were like, you know, it'd be awesome just to create a community of women or even to be part of it. We look for these communities, and there was nothing. There was really nothing. And you'd go to these meetings or these meetups, and you'd be the only woman in the room. And if I went with my husband, they're like, oh, does your husband invest? I'm like, no, I actually got him into it. You know, so you go through that whole story, and so we're like, let's start a podcast, and then simultaneously, we start a Facebook community. But our passion is to support women in creating a financially free and balanced life. That's our mission, and that's really what kind of is the context for everything we're doing. And we really started out as a passion. We didn't even start an LLC at the beginning, you know, and then slowly into it, we were building a community, and we're like, wow, these women want more. And so this might be time to start an actual business and to really, you know, give them what they're looking for, because it's not out there. So that's kind of a little bit of the why behind it. But it really fuels me. And I love real estate, but I love what we're doing with our community, because women have bought properties, Scott. They've. This is just in the free community, like, this is just us creating a platform. They've gotten out of debt, they've bought properties, they've done business together. One's a private lender for another woman's, you know, new acquisition. So it's super awesome what we're. And I feel like we're part of the community. I don't feel like it's all about us. And that's what we've built is something where we're trying to curate just the most gracious but smart, wicked smart women to give a lot of knowledge and lift each other up, quite honestly. And I love men. I really want to make that clear. This is not about us versus them, where. Where that sometimes can go. I don't believe that at all. I have a wonderful relationship with my husband. I work with men. I've honestly never been. I've had a couple experiences, but overall, I've had a very positive experience. I mean, I came from corporate. I worked with men all the time, but I still there's value in creating a space for women and there's a value creating space for men, quite honestly, I think there is. So the idea is to lift each other up and not to be better than or anything, but just to create a space that women can see themselves and other women. And that's what you're trying to create. Is it like, wow, she can do it, I can do it even if I have little ones or I have a full time job. But I know I want to create some financial freedom. And the statistics are staggering, Scott. I mean I didn't obviously study them. This is our space. But you know, women outlive men, you know, six to eight years, you know, and there's a lot of statistics that Show Women invest 40% less than men. So is that because they're just not smart enough? Of course not. That's ridiculous. It's just not creating. We're not putting enough time and energy into money and investing. And it starts with little girls, obviously, but right now we're focused on serving women. But that's a future vision I have is really helping little girls talk about. It's not taboo. Why are we directing those conversations to men? It doesn't. Or little boys. It doesn't make sense anyway. So I can go on and on clearly about this topic, but that's a little bit about the why and that sort of thing.

Well, I love it. I mean that's a beautiful thing is communities are key out there, especially in that aspect of investing. There's not enough female educators out there. Like when I put on events, I'm always okay, let's try to get a mixture of all sexes, all races, men and women, white, black, Hispanic, whatever. So it's a good mix. And it's always harder trying to find women a lot of times in a ratio because it's a smaller ratio compared to male speakers out there. But it's always a beautiful passion and there needs to be more of them. More women need to take action. More women need to need to take responsibilities in their retirement. And you'll face, I mean, don't be wrong, a lot of them do bear the most difficult job of all being a mom. Right. Because it's not an easy. What is it called? The household manager. Some have called is the name I've heard before. You know, that's a beautiful thing. But there are so many opportunities these days with technology and online and training and meetup groups you talked about of getting the word out and going and doing things out there. And I embrace it that's why I'm like, I gotta have you on to share the message out there. Because half of our audience is women.

That's awesome.

And where do you think from your relationships that you've met and the women you help? What do you seem to see? Maybe the top couple mind blocks or things have stopped them from doing things in the past.

You know, I want to be general because I think every woman is different. I mean, we've interviewed now over a hundred women, right? And really successful women all walks of life. And you got some really women who are just like, eff it, I'm doing this. You know, so they're just the, you know, go getter type of women. And we've also interviewed women who are more cautious, you know, naturally, and. But they've figured it out. So I think caution plays into it. I think women are, again, super general, but overall, probably more cautious. And we don't want to make mistakes, and we'd rather not do something than do it wrong. That's a very common thread that seems to be especially for the women who are getting blocked to get started or to grow their portfolio. You know, I don't think we lead from are like, how much money we're making or how many properties we. You know, if we get to get a group of women together, you wouldn't be like, one's like, Well, I own 10,000 units and the other one. That's just not the first thing you talk about, right? That's just. I know. I talked to my husband and he's like, yeah, you get together a group of guys and they're all just bravado. Bravado. Yeah. I own this and I own that. He's. It's just cute because we talk a lot about it. So I think we're coming. You're coming from the aspect of. Again, totally philosophical. But what role women have in society, right? What are we being conditioned? Right? So. But you're playing that into the whole realm of, like, today's society. So how do you. How do you do it all right? You know, you want this more financial freedom. You know, you're gonna outlive your husband. You're gonna need to know these things, right? Even if you don't even know them. Or you. But then you also have these. These other hats, right? You're taking care of the house, you're doing this, you're doing that. How do you kind of get it all done and really peaceful way? Because, I mean, I've worked, you know, I could work 24 hours a day, seven days a week before kids. But obviously I can't do that because I have a three year old and a six year old and I don't want to anymore. But, but the point being is you have to, I think is where are you today? What's the mental blocks or what's just holding you back? And then how do you move through that with a group that's going to support you in a safe way? I think that's really what we're creating. I mean, there's tons of education out there, Scott. You know, I've done flips, you know, and I can give you some tips and strategies. I'm sure there's a lot of other people who could teach you how to flip a property better. But what we're creating is a very kind of special sacred space for women to get the support they need from a lot of different women. So, you know, we're building up a membership where they're going to get a mentor who can help them buy large apartment buildings from a woman who's doing it, actually, not from someone who did it 15 years ago, but doing it now. And it's going to be more of an approach of like a monthly approach like group support and holding women accountable, accountability and mentorship. And that's the biggest thing. If we can provide that to women in an affordable way, not in a like pay me $50,000 way, buy a.

House, let's buy your first flip for 50 grand.

Just go buy a property for that. I mean, and there's a lot of different velocities, a lot of good programs out there that cost quite a bit of money. My husband and I got started, we didn't, we didn't do any of that. We just made a lot of mistakes that probably cost us that much money. But you know, in hindsight, maybe those courses would have prevented some of that. But you're gonna spend it either way. School of hard knocks or through a course, either way. So. But anyway, regardless of your philosophy, I think knowing where you are, where you want to be, and then what support mechanisms, whether it's through us or wherever you find it. We have meetups, 25 meetups around the country. So we'll always do those where you can just literally go to a meetup, an investor meetup, meet some local women and get the support you need. And a lot of those don't cost anything. So that's been going on for over a year now. We have ones across the country. So I don't know. I think the key is support. And get that support however you can find it.

I love it. There's so many people. And this is not women, but guys is that we talked about the second ago comparanoia that I don't match up. I shouldn't be in the room. I'm not good enough to be here. I think we all deal with those inner demons.

That is true. Men and women, absolutely.

But having that safe place, like, hey, we all got to start somewhere. I'll put our pants or our skirt on one leg at a time, depending on where you're doing.

Yeah, I was talking to someone. I was talking to someone. They're like, I was even saying, I don't know if I can really. And then they kind of, like, told me my. My kind of track record. I'm like, yeah, that's true. I can speak to that. You know, but what are we waiting for? Like, do we need to be this. So we always can give and always can get. And I. And that's also the community we're building is you can give something to someone and you also can get something and get the support you need. I believe everyone has that ability. But sometimes we're not in a room or an environment to do that, or we think we have to have, like 15 years experience doing it to give something. That's not true. You bought a property, you have give to somebody who has less experience than you. So I think there's a lot of value in that.

I love it, too. That's what, you know, tell people all the time. People like, well, I haven't bought a lot of real estate. Well, did you buy a primary residence? You buy a condo for yourself? You've got real estate experience. You've got more experience there than 90% of people out there, because we all know only about 5 to 10% of people do something. I know that you get invigorated. I can tell when you hear from somebody in your audience, in your network, hey, they've gone out and, you know, jumped a hurdle and bought a property or they closed on something, they've really had a breakthrough. And that's the biggest joy I get. And I know you're the same way. You can see it coming through. You're just so excited about that because that's giving. That's our way of helping people overcome those obstacles. And you and I have made more mistakes than most people. That's only what the reason it's made us successful is the different mistakes that we have learned from and overcome and learn from Others, right?

Yeah, a ton. A ton. You know, too many to count right now.

You've taken the community and you've got something really cool that you're launching. Let's talk about that a little bit here. What you've got going on in what, three weeks now, I think from the time we're recording this?

Yeah, yeah, about a couple weeks away. So it's June 12, Friday, June 12. And so we've been really just building our community the last couple years. You know, we've not offered anything for any cost, so to speak, you know, from a perspective of that. And, you know, Andresa, my partner, I'm more, let's take things slow, you know, I mean, I like to grow, but I'm very. I know it sometimes in my own way of being. I know what happens and I don't like to get too overwhelmed. That's just something I have to work on. But anyway, she's like, this is the time. These women need a virtual summit. Like we've been to. Everyone's been asking us, are we doing a conference? We doing a conference? Are we doing an investor conference? The women in our community. And we're like, soon, soon, soon. And now we're like, okay, we got to do something. We got to pull this together. I mean, and you know, obviously you have little ones at home. There's no school. I thought I was busy before, Scott. It's like, you know, my husband and I are literally just passing your kids back and forth, right? So, you know, I'm like, I. Yeah, I'm like, oh, I have my three days and I was working three days a week. I wasn't working five, I was working three days a week. I have a little one who's not in school yet. My son's in kindergarten. I'm like, I want balance in my life, right? That's our mission. I have to live our mission right. Or at least work really hard at it. And now my time has gone down and now we've created a new event. But I said, this is worth it and we'll make it happen. And. And it's gonna. And so I'm excited about it because it's a one day conference where we're bringing in speakers that are gonna cover three really important topics. Real estate, investing, business operations, and self care. So really aligned with our mission is not just about the real estate knowledge, but also the balance. So we have a woman that's amazing on self care. She's coming to speak. We got a woman talking about mindset, really excited to get unstuck. We have two presentations. We asked our community what they wanted to hear about and we pretty much built the day from the suggestions. Two women talking about creative financing. One woman, you know, we both know Jillian Sidoti, who's awesome, talking about raising private money legally and ethically and obviously the psychology behind it because there's a ton of psychology because we've done it and there's a lot of limiting pieces there. And another one of our really active women in our communities talking about owner financing. Because you know, Scott, you and I know the opportunities are not going to be the problem right now, but the financing and the creative financing is going to be it. And if a woman can take away how to put a deal together creatively, that to me is going to be awesome because there's, you know, so I'm excited about that. Another woman talking about how to scale your business. So we've got a nice little. And then a woman owned construction owner in Philadelphia, she's won tons of awards. She's gonna be talking about like rehabbing a project from A to Z. And then our keynote's talking about economics and how to really take distressed properties and make something from it. So yeah, I'm excited. It's a really packed day and we've literally handpicked the speakers. Everyone we asked to fill in a slot said yes. Sponsors. They're like yes. Like so it's really super cool. Like I feel like the, you know, I feel like the universe came together for this because we haven't heard too many no's, which is now just we're figuring out the tech and making sure the day runs well and everyone gets what they need from it. But yeah, I'm super excited about it. It's June 12th and right now we have early bird pricing. It's $47 for like a whole day of just great content and you get the recording. So it's kind of a no brainer. But yeah, super excited about it.

What's the website for those?

Oh sure, yeah, it's our, it's our main website. Therealestate Invest in an her dot and then up on the top right hand corner you'll see Virtual Summit and that'll take to the registration page. You can learn a little more about the speakers and those things.

Yeah, I mean I'm excited for what we were talking before we record this. And you've got a great lineup, you've got great content there. For you, it's just the start of it. I think you will find the One day thing won't last. The next time you do it, it'll be a two day or a multi day event because you've built so much momentum, you've built a great network across the country. We started doing individual meetup groups across the country when we launched our educational platform, you know, five, six years ago when we got heavy like that. And it's just a great way to organically build it. And it's like planting seeds. You plant a seed here in the city or a city pops up and it grows from one person to five to 50. And you know, before you know it, you're just, you can't go anywhere, you can't fly to see without somebody saying, hey, are you Liz? Are you Liz out there with the investor? I love it.

Yeah, well, it's cute because sometimes Matt has, you know, book and he's very, he's doing a lot of speaking and this and that. He'll go to conferences and he's like, like, yeah. All the women are like, where's Liz? They don't even want to talk to me. You know, they're just like, where's Liz? Are you Liz's husband? You know, and my husband's like, you know, he likes the limelight and he's like, well, I'm Matt, you know, in a cute way. But. But yeah, it's not, but it's really, you know, Scott, I like being in front of people, I like supporting them, but I'm not. Andres and I were very clear because I think, you know too, when you start something educational, there's either the person at the front and they're learning from you, or it's like this more collective approach. And we were really, really clear when we started. Like, there's things that I know a lot about, but I don't know everything about everything. And we're not going to be standing in the front, but like we're creating a circle, right? Creating a circle of women. And I'll be someone who jumps in and gives you a bunch of knowledge about something that I know about. But then I'm going to go back and the other woman's going to jump in. And that's really what we were very, very, very mindful in creating. That wasn't like, that didn't become organic. That was like, that's what we want to create. I don't want everyone, I'm not coaching people one on one. That's just not my thing. I want to support you and help you, but I don't know everything about Everything. You don't want to be learning everything from me. Certain things, sure, but not everything go to that person. They know a lot more about that than I do, you know, so that's what we're creating.

I love it. That is a sign of strength out there. Not. And some people would look, oh, that's a weakness. I don't know anything. No, no. The signs are like, I know what I know and what I don't know. I will get you. I will direct you. You think about Henry Ford was famous for that. If I didn't know. But he had a phone call. He was one phone call away from something on the floor to get the person up to talk to. That's the same way you've got your circle of advisors to helping your community out there.

Yeah. And as women, we have to let go of trying to know everything or do everything ourselves. Getting, asking for help, asking. I mean, it's just. I think we all have to learn that as human beings. But, you know, people who like to kind of take care of everything themselves, it's a hard one. And I've had to learn that, you know, ask for help. It's not easy. You're not superwoman. You can't do everything.

But that is a superpower, being able to ask for help. I think it is definitely out there.

Absolutely. Absolutely.

Liz, we're so honored to have you on the podcast. What's the best way for people to connect? Just going to the investher website or what's the best way for people?

Yeah, that's one way. Therealestate investher.com we're active on Instagram and Facebook. We have a community. If you just go to real estate, invest her, reach out to me. I love hearing from people. My email is liztherealestateinvester.com really active in our Facebook community? Andresa and I are always kind of jumping in. I feel like Andresa responds to everyone. That mess. I mean, how do you do that? How do you respond to everybody? You know, I don't know if we'll do that as we can, but, you know, it's hard to do that.

Right.

When you're growing a community. But we really. If somebody isn't spoken to or they asked a question, no one's gotten to them. We tend to jump into. So we're really active on our community and Facebook. And that's free now. Always be free. The meetups will always be free. We always wanted to create a space. If women never wanted to give us a dime, they can get Some support. Absolutely. But yeah, that's the way to get in touch with me.

That's awesome. Well, we love it. Definitely gonna have you on again in the future. I'm gonna give you a couple more names, potential guests for you in the year for you. Cause it's. That's the beautiful thing about. That's why I love. I mean, the real estate space can be pretty cutthroat in a lot of areas out there. You and I both love that. But absolutely, the podcasting community is. It's just a one big happy pod family for the most part. And that's a beautiful thing out there. You've done a great job growing yours, growing your community and doing amazing things. We look forward to seeing how much more you grow and exponentially light the way, light the path for so many female investors out there.

Scott, thank you for having me on. It's been a pleasure.

Same here, Les. Alright, guys and gals, that's gonna wrap it up for this episode of the Note Closure Show. Ladies, ladies, ladies. Half of our audience out there in Note Nation out there, check. Take the time, guys. You know what? Check out the show. Check out everything as well too, in case, you know, a female investor, somebody out there who's wanting to take things to the next level. You've got a recommendation and a safe place for them to go to learn network and really gain some knowledge and hone their skills to help them grow their future. So go out, take some action, everybody, and we'll see you all at the top, everybody. Bye.

Sam.