AREI 16: Finding Your Identity as a Military Spouse with Cindy Byler
Finding your identity comes down to finding the impact you can make in this world. Today’s guest, Cindy Byler, talks about that in this episode of The Adventures of a Real Estate Investor Podcast.
Cindy Byler is a military army spouse of 8 years to her high school sweetheart, Jonas. After their first change of duty station, she found herself needing to put her career as a music teacher on hold to move three times in three years. During that season of not working, she grew bitter toward the lifestyle. She had much value to add but felt unable. Through much reflection and improvements in personal finances, Cindy realized the best “job security” for their military lifestyle was through passive income, ultimately utilizing real estate to achieve passive income. As a buy-and-hold real estate investor, Cindy primarily invests in her hometown-area in Elmira, NY. She has been a landlord for 6 years. In the past 2 years, she has acquired a total of 5 properties and 12 doors with an Airbnb partnership on the side.
In this episode, Cindy talks about how she found her identity as a military spouse. She talks about how investing in real estate has been fulfilling and how she creates an impact in people’s lives through real estate investing. Listen in!
[00:01 - 05:37] Opening Segment
We introduce Cindy to the show
Cindy’s background
Life as a military spouse
How she started in real estate investing
[05:38 - 23:15] Fulfilling Your Passion is Your Identity
Jumping into real estate
Cindy talks about long-distance investing
Fulfilling your passion is your identity
Cindy shares her portfolio
Making an impact through real estate investing
How real estate investing gives her satisfaction and fulfillment
Setting smart goals
Her plans of putting up a community garden
Finding your ‘Who’
Cindy talks about ‘Passive Patriots’
[23:16 - 29:17] Closing Segment
Asking Cindy the Adventurous Four
How you can connect with Cindy
Final thoughts
Memorable Quotes:
“Long-distance investing is a thing, and it is possible. I know it did turn out a lot of investors from jumping in other markets, but I can tell you that it can be quite lucrative if you're in the right market, and just don't be afraid.” - Cindy Byler
“Mistakes in real estate can be very expensive, and it's better to be proactive instead of reactive. Should you make those mistakes, make sure you learn from them, because chances are, it's going to cost you something. It's going to cost you time, it's going to cost you money, but what's important is that you don't make that mistake again. You learn from it, and then it's no longer an expense, but an investment.” - Cindy Byler
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Until next time...
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