Tiffany Ward is a new mother, cross-fitter, and real estate investor. She started investing in real estate by buying a foreclosure at the age of 23 in Richmond, VA. In 2019, she turned to multifamily investing and in her first apartment deal invested out of state and served as a Key Principal. Tiffany founded Utmost Capital and works with others to invest alongside her in apartments.
Let’s dive in to hear more on real estate investing and business. LISTEN HERE:
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[00:01 – 05:20] Opening Segment
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Tiffany talks about her background.
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Why she is pursuing real estate
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How her parents being debt free affected her approach to real estate
[05:20 – 11:28] Why Real Estate?
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What the first deal she did was like
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How she overcame paying too much and other obstacles in her first deal
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Lessons Tiffany took away from her first deal
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Why you should definitely have a property manager
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Why having operating reserves is crucial
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How a mentor can accelerate your process exponentially
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How thinking bigger allowed her to pivot to multifamily
[11:28 – 19:20] Covid Aftermath and Joint Venture
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How Tiffany started seeing the effects that COVID had on her business later on
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Joint Venture vs. Syndication
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The key differences between a key principle and an operator.
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How Tiffany got comfortable with the market.
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Best practices to learn about an area to invest in.
[19:20 – 24:49] Bullseye Round
Apparent Failure:
Not trusting her gut
Digital Resource:
Canva
Most Recommended Book:
Daily Habit:
Taking her dog to walks
Curious About:
How she can get her kid to bed at night
I Wish I Knew When I Was Starting:
The power of a partnership
Best Place to Grab a Bite in Richmond
Lilly Pearl
Contact Tiffany:
Reach out to Tiffany at utmostcapital@gmail.com
Tweetable Quotes:
“If people don’t know you, they are not going to be interested in investing in deals with you.” – Tiffany Ward
“Trust in your gut as it pertains.” – Tiffany Ward
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