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Social Proof Podcast

Real Estate Is The Only Way to Wealth - David Shands & Terrica Lynn Smith

Social Proof Podcast

Social Proof Network

Entrepreneurship, Business

52K Ratings

🗓️ 17 December 2022

⏱️ 67 minutes

🧾️ Download transcript

Summary

#entrepreneur #smallbusiness #podcast #howto


JOIN THE PROPERTY CHALLENGE TODAY!!!

https://www.thepropertychallenge.com/ticket-sales-page


Follow Terrica:

https://www.instagram.com/femalerealestateguru/


Terrica Lynn Smith talks about the difference between building a stream of income and buying a stream of income. Both are beneficial, but which one will set you on a course of being paid passively for decades. Terrica got her start in real estate by investing $5,000 into her first rental property. Now, she owns hundreds of properties. This can be you as well. Joining The Property Challenge can help you get started on reaching your real estate investment goals. This challenge is well worth the investment.


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http://www.themorningmeetup.com⁣


Do you want more Social Proof? If you do, check out the Social Proof Blog! Click here to tap in & get the resources you need to grow yourself & your business!

https://www.thesocialproofpodcast.com/.



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Apple Podcasts: https://podcasts.apple.com/us/podcast/social-proof-podcast/id1374373035


Spotify: https://open.spotify.com/show/6GT6VgjBy0zviALR8xkRe1?si=82LcP8siQXGVHb2ibg5axA&nd=1


David on IG : http://www.instagram.com/sleepis4suckers



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Transcript

Click on a timestamp to play from that location

0:00.0

Look family, in the last year or year and a half, I'm about to tell you some things that you are not going to believe, but they're actually true and have the receipts for it.

0:07.0

Okay, so for one, I bought a portfolio of three properties. Also, we closed on a six unit deal in like in the French quarter in New Orleans.

0:19.0

I don't know if you've been in the French quarter, but it's like prior and real estate. It's a six unit. We're gutting it and we're waiting on the permit so we can build it, but it's already gutted.

0:27.0

We closed on a 60 property deal. I mean, it's not a, there's not one building. It's literally, literally 60 houses over a few blocks in Louisiana.

0:37.0

Also, we purchased some land that we're building up six stories. So we purchased the land. We got the schematics. We know what the buildings that it looked like and I'm naming it after my last name.

0:47.0

So my family can drive by a building at Atlanta and see their father's last name and their last name. I say all that to say, Terika did all that. I still don't know a whole lot about real estate, but I'm learning. Okay. My sister Terika Lynn Smith, which I give, like, I will promote her to note in because this is literally life changing money that I'm encountering.

1:10.0

This is like legacy money. I make content and make money if I can sell a product, sell a course, something like that. But when you have property, you can make money that's not attached to your personal brand.

1:20.0

That is the beginning of wealth. So even if y'all cancel me, I'm still going to have bread. Well, listen, my sister Terika is going to be teaching you exactly what she did for me. This, these are real receipts. Everything I've talked about. I know it sounds crazy. There's no way I'm telling you, I will show you the receipts. Okay. When you see me in the streets, write a book and be like, y'all, let me see y'all. Let me see the schematics in your building.

1:39.0

We got it. I'm telling you all the deeds, all that, the property challenge.com. I want you to go to the property challenge.com because Terika is literally going to be teaching you all all the stuff she teaches me. And in fact, she's not one of those out personalities like that. She don't be wanting to do all that. And I said, listen, you have me acquiring property in a major way.

1:58.0

And like you got to teach other people, you got to teach my friends, the people to watch social proof podcast that want to get in the game. And, and we're coming up on a recession, y'all. And she says this is going to be one of the biggest wealth transfers for the common person. And she is on a mission to teach all of us how to do it. That's why we're acquiring so much.

2:17.0

But listen, go to the property challenge.com. You do not want to miss this. She is going to be teaching how to get the bank and how to build true wealth.

2:25.0

The property challenge.com, my official stamp, my co-site, Terrick Linsman, and then follow on Instagram, female real estate guru. All right. The property challenge.com. Let's go.

2:35.0

All right. Welcome to another edition of the social proof podcast. I'm going to introduce my sister no more. I'm not introducing no more, right?

2:41.0

Yeah. I'm still in a full introduction. Yes. Why not?

2:44.0

Yeah. Okay. All right. And I have a really good introduction. So, so today we have the female real estate guru.

2:52.0

Okay. And this is not just a cool Instagram name. Right. She literally is the most proficient real estate investor that I've ever met in my life.

3:03.0

And the reason I'm telling you this is because she is a master, a huge, huge portfolio of properties hundreds and hundreds and hundreds of properties.

3:13.0

And not only that, but she helped me. Am I 100? I'm at 60.

3:19.0

I thought she was over 100, though. Hey, not all on 60. Then we did the 20. Yes. We're over 100. You're over 16. Did we do the 28?

3:27.0

Mm-hmm. Then we got three. Then we got six. Mm-hmm. So I am in the. And 16. We're building. Let's not forget the chance building. It's a lot of.

3:35.0

We're building 100 percent. What an event space. Oh my gosh. And this space. They're in now. I am now in triple digits of properties.

3:45.0

And impressively five figures monthly. Yes. In real estate income. Passive. How does it feel? It feels amazing.

...

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