Jan 12, 2021
HGTV has inspired quite a few real estate ambitions. It’s no surprise that many get inspired by the magical renovations and reveals from shows like The Property Brothers, Fixer Upper, and Flip or Flop. And that’s exactly what sparked Chiagozie Fawole to launch a side hustle as a real estate investor.
She started with a flip project, which Chiagozie now refers to as the best real estate education she ever received. Spoiler alert: it was not quite like the experience she witnessed on TV. She learned from that experience and grew a portfolio, including a 12-unit building where she raised capital from investors.
Chiagozie is a physician by trade living in Syracuse, New York. She created the Savvy Docs platform to teach other medical professionals how to invest in real estate on the side to shine a light on the parts reality TV tends to leave out. In this episode, she shares how to invest in real estate as a side-hustle, some of the mistakes she made starting out, and wins from helping others get started with investing.
Partner: Text: “EQRP” to 72000 and receive a special eQRP report on taking control of your retirement money
Key Insights on Multifamily Investing as a Side-Hustle
Your first deal will teach you what books won’t
I have to remind myself that I was able to purchase a 12-unit apartment complex with $900 out-of-pocket
You can spend your money on actual education or painful education.
Bullseye Round:
Apparent Failure:
During med school, I wanted to be a neurosurgery resident, but didn’t make it. Not getting in allowed me the mental space to do other things in my life, like real estate.
Digital Resource:
Most Recommended Book:
Never Split the Difference: Negotiating As If Your Life Depended On It (Chris Voss)
Daily Habit:
Praying in the morning
Wish I Knew When I Was Starting Out:
Trust what I know
Curious About:
How to stay focused on my goals
Best Place to Grab a Bite in Syracuse, NY
Kirby’s Tap House
Contact Chiagozie: