AREI 90: Buying Investment Properties with Family featuring Annchen Knodt
In this episode, Annchen Knodt shares how she has found the best part of investing to be connecting with other excellent investors and inspiring each other! Join us and listen in!
Annchen has a background in analytics and works as a research scientist at Duke University. She loves putting her analytical skills to work in real estate investing and has acquired a variety of buy-and-hold single-family investments individually and with partners (including her parents!), as well as partnered in two multifamily syndications. To boost cash flow, she is currently focused on acquiring short-term rentals.
[00:00- 08:49]
We welcome back Annchen Knodt to the show. And how Suzy and her met.
Annchen Knodt's background and how she started investing in real estate.
Realizing that you can start investing in real estate at any time of your life.
What life after retirement you could be having?
[09:39 - 18:39]
From long-term rental to pivoting to short-term rentals?
Converting their properties to short-term rentals and considering medium-term rentals?
Getting your spouse on board with investing in real estate.
How does Annchen see the current market situation?
Having properties that your family and friends can enjoy too.
[18:40 - 26:32]
Her Greatest and worst story in real estate investing
Communicating enough with your vendors and everybody in your circle.
Helping the community to solve problems that they had for years and finding the balance to help people have a great place to live.
[26:34 - 30:51]
Asking Annchen Knodt about the Adventurous Four
Memorable Quote:
"I want to be providing people a good place to live, And I want to be doing everything I can to do that. I'm not gonna do it halfway." - Annchen Knodt
Connect with Annchen Knodt
https://www.instagram.com/annchenknodt
https://www.facebook.com/annchenknodt
Explore more. Adventure awaits.
