34: Using Real Estate To Build Wealth Despite The Odds with Terrica Lynn Smith

The Traffic Sales and Profit Show

Are you determined to grow your wealth but can’t maintain it? Today’s guest is Terrica Lynn Smith, she is teaching you how to master the real estate game and manage your money once you’ve earned it. You can increase your income but if you’re wasting your money on instant gratification, you’re letting someone else reap the benefit of your investments.

Despite growing up in foster care, enduring abuse and having no role models, Terrica didn't settle for a mediocre life. After spending one fateful night living under a bridge, she promised her children that they would never struggle through poverty again and in the last 17 years Terrica has never faltered on that promise. Real estate was the key to her triumph. She tapped into the potential of investors and has since created the largest real estate crowdfunding company in Louisiana.

In this episode, Terrica demonstrates that anyone can have wealth in real estate if you have the capacity to delay gratification. She teaches you how to leverage relationships with the bank and investors to grow your wealth and how to invest wisely to protect your financial security.

If you want to learn how to win at all costs, listen now!

Want to keep up with Terrica Lynn Smith? Find details here:

► Website:TerricaLynnSmith.com

► Courses: Invest U

► Tickets: 5-Day Property Challenge

► Instagram:@femalerealestateguru

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KEY TAKEAWAYS

[00:00:00] Preserving your wealth

[00:01:40] Anyone can have wealth in real estate

[00:06:00] Reasons sound like excuses to winners

[00:10:10] There is no plan B

[00:12:00] Finding your own niche in Real estate

[00:15:30] How hard are you really working?

[00:20:00] Asking for the compensation you deserve

[00:23:30] Operating at a level of excellence

[00:27:30] Learning how to manage your wealth

[00:30:40] Leveraging relationships in banking

[00:32:00] The 80/20 rule for investors

[00:33:00] Get into the deal anyway you can

[00:34:10] Delayed gratification not instant gratification

[00:36:00]Learning how to take advantage of the system

[00:37:10] Big payouts with multifamily properties

[00:39:40] The bank is loaning out your money