EP267 How She Went From Being Homeless to Building a 250–Unit Portfolio and a $14M Development with Terrica Lynn Smith

EP267 How She Went From Being Homeless to Building a 250–Unit Portfolio and a $14M Development with Terrica Lynn Smith

My guest today can best be described as someone who has overcome great odds to achieve incredible things.

Terrica Lynn Smith is a real estate broker and investor holding over 250 properties in Louisiana. She's the developer of a $14Million mixed-use community and founding partner of one of the largest private real estate crowdfunding companies in her state. She also has created her own board game that she designed to teach development concepts, and she's been invited to the White House.

Terrica has also had to overcome enormous difficulties and challenges, including growing up in the foster system, homelessness, and Hurricane Katrina.

Today Terrica is going to share how she was able to get her real estate license after failing the test many times, how she realized that 3% commissions weren't going to cut it, how she sought out a particular type of client, and why most of those clients left her when she made a pivotal business decision.

We'll also discuss Terrica's rehab projects, the board game she developed to teach development principles, and the mixed-use $14Million development she'll be breaking ground on in 2021.

I know you're going to enjoy this conversation with Terrica and hope you'll be as inspired by her story as I was. You can find out more about her and her businesses through the following websites:

https://www.developersboardgame.com

http://saltcapitalequitygroup.com

http://www.terricalynnsmith.com

Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.

https://www.livegreenlocal.com

And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and medicare benefits.

https://www.rcbassociatesllc.com

Jaksot(591)

House-Hacking, Shotgun Holes, and Buying an Island with Michael Cossette — Episode 486

House-Hacking, Shotgun Holes, and Buying an Island with Michael Cossette — Episode 486

Great investors don't just thrive in good markets—they find big opportunities in tough ones as well. Mike Cossette has spent 20 years building a diversified real estate portfolio, navigating market cr...

30 Huhti 202534min

Scott Ellsworth: Midwest Real Estate Investor Conference Speaker Spotlight

Scott Ellsworth: Midwest Real Estate Investor Conference Speaker Spotlight

The Midwest Real Estate Investor Conference is just two weeks away—join us April 24-25 at DeVos Place in Grand Rapids, Michigan for two days of high-level strategy, networking, and growth. Register to...

23 Huhti 20254min

From Firefighter to Flipping Boston TV Star, with David Seymour — Episode 485

From Firefighter to Flipping Boston TV Star, with David Seymour — Episode 485

Not everyone goes from fighting fires to building a $350 million private equity fund, but today's guest did just that. Dave Seymour started his career as a firefighter, but during the last market cra...

21 Huhti 202535min

Tyler Cauble: Midwest Real Estate Investor Conference Speaker Spotlight

Tyler Cauble: Midwest Real Estate Investor Conference Speaker Spotlight

The Midwest Real Estate Investor Conference is just two weeks away—join us April 24-25 at DeVos Place in Grand Rapids, Michigan for two days of high-level strategy, networking, and growth. Register to...

18 Huhti 20253min

Lee Yoder: Midwest Real Estate Investor Conference Speaker Spotlight

Lee Yoder: Midwest Real Estate Investor Conference Speaker Spotlight

The Midwest Real Estate Investor Conference is just two weeks away—join us April 24-25 at DeVos Place in Grand Rapids, Michigan for two days of high-level strategy, networking, and growth. Register to...

17 Huhti 20256min

Finding Rental Markets that Cashflow with Tapan Trivedi — Episode 484

Finding Rental Markets that Cashflow with Tapan Trivedi — Episode 484

For many investors, skyrocketing prices and low cash flow make investing in their own backyard nearly impossible. But what if you could pinpoint exactly where the best opportunities are—without ever s...

14 Huhti 202547min

Donna Bauer: Midwest Real Estate Investor Conference Speaker Spotlight

Donna Bauer: Midwest Real Estate Investor Conference Speaker Spotlight

The Midwest Real Estate Investor Conference is just two weeks away—join us April 24-25 at DeVos Place in Grand Rapids, Michigan for two days of high-level strategy, networking, and growth. Register to...

10 Huhti 20255min

Will Adding Solar Boost Your ROI? With Carl Moose — Episode 483

Will Adding Solar Boost Your ROI? With Carl Moose — Episode 483

Renewable energy isn't just about sustainability—it's a strategic tool for boosting cash flow, increasing net operating income (NOI), and maximizing property value in commercial real estate. Carl Moo...

7 Huhti 202537min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
rss-rahapodi
psykopodiaa-podcast
hyva-paha-johtaminen
ostan-asuntoja-podcast
rss-rahamania
rss-lahtijat
rss-startup-ministerio
rss-seuraava-potilas
rss-sami-miettinen-neuvottelija
rahapuhetta
rss-rentotapaus
rss-sisalto-kuntoon
rss-porssipodi
sijoituspodi
rss-lain-elamaa
rss-rikasta-elamaa
rss-tuottava-ja-hyvinvoiva-pk-yritys
rss-asiakaskokemusklubi