Wealth Building Through Out-of-State Investing with Soli Cayetano
Venturing beyond your local real estate market can lead to big success in real estate investing, a principle Soli Cayetano tested. On this episode of Zen and the Art of Real Estate Investing, Soli shares her journey of starting with out-of-state properties, a strategy that propelled her from a nine-to-five job to becoming a millionaire by 25. Using her Instagram account—Lattes & Leases—Soli shares her experiences, inspiring others to explore investment opportunities beyond their immediate locations.
In her conversation with Jonathan, Soli reveals the role of documenting her story on Instagram in establishing her business, finding community, and how it continues moving her forward. From her initial interest in real estate investing as a college student to her strategic choice of Cincinnati for her first property, Soli shares the steps she took as a young female investor. Hear how her Out of State Investor Academy and authenticity on social media have paved the way for fun, bigger projects, proving that starting small and learning from your mistakes can lead to great success.
Jonathan and Soli further explore:
Cincinnati impressed Soli with its quality of life, food, people, activities, and real estate. It was also incredibly affordable.
A conventional loan worked for her first couple of investment properties. Still, Soli quickly discovered that if she wanted to continue investing, she would have to find less traditional financing methods.
Social media—particularly Instagram—brought opportunities to partner with other investors and created a community of people with similar interests with whom she could connect.
If you want to move on to bigger, more fun projects, you need to first establish a foundation of boring, unexciting, cash-flowing investments.
Soli Cayetano may be a young investor, but she’s created a thriving community of like-minded investors and a profitable business from which anyone can learn.
If you want to learn more about Zen and the Art of Real Estate Investing Podcast, check out http://www.trustgreene.com/podcast/zen/122 .