How a Single Mom Achieved Financial Independence thru Real Estate with Farrah Ali

On this episode, we have special guest Farrah Ali sharing her inspiring journey of overcoming challenges as a single mother and achieving financial independence through real estate investing. Tune in to hear about her first deal, the obstacles she faced, and her strategies for overcoming biases as a woman in the industry. Farrah’s story is one of perseverance and determination and offers valuable lessons for anyone in the real estate investing space. Don’t miss this informative and motivating episode! 

[00:01 – 06:50] From Single Mom to Successful Real Estate Investor 

• Farrah Ali turned to real estate investing as a way to support herself and her children 
• Farrah educated herself and made investments through local resources 
• Farrah’s background in insurance and education helped her make smart investments 
• Farrah founded an organization to help other women get into real estate investing 

[06:51 – 18:35] Overcoming Hurdles and Finding Success 

• The importance of finding a genuine mentor who can guide and teach you the business 
• The power of taking calculated risks and putting yourself under pressure to achieve success 
• The possibility of finding private money lenders who can provide 100% financing for your deals 
• The significance of having a stable income and credibility as a person in attracting private money lenders and closing deals
    

[18:36 – 24:28] The Mindset of a Successful Real Estate Investor 

• Believe in yourself and don’t let others discourage you 
• Keep trying different strategies and don’t give up, even if progress is slow 
• Real estate investing is not just about accumulating properties, there are many other benefits such as passive income and the ability to set an example for your children 
• A strong belief in oneself and commitment are key personality traits for success in real estate investing 

[24:29 – 31:03] Closing Segment 

• Quick break for our sponsors

• The first step to growing your wealth is tracking your wealth, income spending and everything else about your finances, you can start tracking your wealth for free and get six free months of wealth advisor.  Learn more about Personal Capital at escapingwallstreet.com  

• What is the best investment you’ve ever made other than your education? 

• Giving time to herself and knowing herself 

• Farrah Ali’s worst investments? 

• Learning from the lessons of life and growing from it 

• What is the most important lesson you’ve learned in business and investing? 

• Do something bigger than yourself
  
   

Connect with Farrah Ali: 

Website: https://www.farrahali.org 

Social Media: Instagram, Facebook, LinkedIn 

Invest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/ 

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms. 

Join our Passive Investor Club for access to passive commercial real estate investment opportunities. 

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Tweetable Quotes: 

“To grow in business, it can’t be about yourself.” – Farrah Ali