🚀 Exciting News: My Podcast Interview is Live!

🌟 From Rocket Scientist to Real Estate Investor: My Journey

Oct 29, 2024

Great news, I’ve been featured on Dave Dubeau’s Property Profits Real Estate Podcast! The episode, Rocket Scientist Jettisons Job for AirBnBs with Amanda Fadely, will be out on Spotify and all of your other favorite podcast platforms *soon* but TODAY it dropped live on YouTube, woo hoo!🥳🎉

So what better time for the inaugural “How to Make Money in Real Estate” Substack publication post!?

Welcome friends, readers, and current & future real-estate-ers!

Remember, your quick ‘like’ 💗 on this post helps other people find us and makes all of this possible!

Listen now to hear about my journey in short and mid-term rentals!

[The following summary was provided by the Property Profits Podcast team.]

From Rocket Science to Real Estate: Amanda Fadely’s Inspiring Journey

In the latest episode of the Property Profits Real Estate Podcast, host Dave Dubeau interviews Amanda Fadely, a rocket scientist turned real estate investor. Amanda's unique journey showcases how she leveraged her technical background to successfully transition into short-term rental investing, inspiring those seeking financial freedom and fulfillment through real estate.

A Leap of Faith

Amanda's foray into real estate began when she purchased a single-family home in Cape Canaveral, Florida. Initially, it served as her residence, but life circumstances soon led her to a new path. After relocating to California to assist her family during a challenging time, Amanda decided to list her Florida property on Airbnb. To her surprise, the rental market was thriving in 2021, and she quickly found success without professional photos or extensive preparations. This experience ignited her passion for real estate investing.

Expanding the Portfolio

Amanda didn't stop there. After moving to Colorado for work, she began searching for her next investment opportunity. She discovered a triplex in the Upper Peninsula of Michigan, which she purchased in 2022. Despite her limited experience in the Midwest market, Amanda was eager to dive in. The triplex posed several challenges, including managing tenants and navigating a property that needed significant renovations.

"It was a whole different ball game," Amanda recalls, highlighting the extensive learning curve she faced. Working with a designer to manage the renovations, Amanda discovered the importance of hiring professionals and understanding local resources, especially in rural areas.

Overcoming Challenges

One of Amanda's biggest challenges involved handling existing tenants in the Michigan property. With a compassionate approach, she communicated with each tenant, offering support and even financial incentives to facilitate their transition. This experience not only strengthened her relationships within the community but also highlighted the importance of empathy in real estate investing.

After about two months, all tenants vacated, allowing Amanda to commence renovations. She faced the realities of working in a rural area with limited contractor availability and different market dynamics compared to her Florida property. However, Amanda's determination and willingness to learn allowed her to adapt and successfully launch the triplex as a short-term rental by the end of 2022.

Embracing Flexibility and Growth

Looking to the future, Amanda is committed to continuing her journey in the short-term rental market. She plans to treat her real estate endeavors like a business, focusing on data analysis and strategic management. Additionally, she is considering co-hosting opportunities to expand her reach and grow her portfolio.

To hear Amanda's full story and gain valuable knowledge from her experiences, check out the original interview on YouTube: Watch Now.

I’d love to hear your questions!

What do you specifically want to learn about related to short or mid term rentals?
What questions do you have about my journey or how this all works?

Let me know in the comments, or feel free to shoot me a DM! Remember, the goal of this publication is to provide accessible information regardless of where you are on your journey - we are Newbie-friendly!