Feb 28, 2022
In today’s show, Pancham interviews Whitney Elkins-Hutten - founder of ASH Wealth and the Investor Accelerator Program.
After buying the house with her ex-partner, she began to rehabilitate and rent the house for a while before finally selling the property and making a profit from it. Unaware that she was investing at first, she is already getting the hang of it and is fully enjoying her experience as she is already a partner in $700 million worth of real estate!
In this episode, we’ll dive deeper into various topics as Whitney shares her transition from investing in single-family homes to big passive investments, her investing approach that helps scale up her portfolio, and how her personal goals help build her wealth creation strategies.
Listen and enjoy the show!
Quote:
“I actually made more in that one transaction than I had in my whole income working 80 hours a week that year.”
Timestamped Shownotes:
- 0:37 - Pancham introduces Whitney to the show
- 2:37 - How she unintentionally got started in real estate investing
- 10:03 - Aligning your investing strategy to your financial goals
- 15:27 - On building relationships to be able to scale your portfolio
- 21:14 - Her ultimate checklist that helps in vetting a potential investment
- 24:13 - Lessons she learned and the things she would have done differently
- 29:01 - Taking the Leap Round
- 29:01 - Her first unexpected investment outside of Wall Street
- 30:03 - Overcoming her fear of having failed investments
- 31:58 - One investment that didn’t go as expected
- 34:58 - On investors grasping the idea of controlling their own destiny
- 35:49 - Where you can connect with Whitney
3 Key Points:
- Understanding what you want to achieve, and your personal financial goals can help with implementing your own investing strategy.
- Investing in a team that best fits your investing strategy is also crucial aside from the investment deal itself.
- Focus and don’t lose sight of your goals. Money is a tool to help you reach your goals and is not the goal itself.
Get in Touch:
- Whitney Elkins-Hutten Website - https://www.passiveinvesting.com/whitney/
- Ash Wealth Website - https://ashwealth.com/
- The Gold Collar Investor Club - https://thegoldcollarinvestor.com/club/
- Pancham Gupta Email - p@thegoldcollarinvestor.com
Books:
- Home Improvement 1-2-3: Expert Advice from The Home Depot by The Home Depot - https://www.amazon.com/Home-Improvement-1-2-3-Expert-Advice/dp/0696213273
- Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert T. Kiyosaki - https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194