Burning the Ships to go Full Time Real Estate with Margaret Kozlark Passive Wealth Strategy Show - Real Estate for Busy Pros

To succeed, one must know the importance of learning, taking risks, and having faith in oneself.
 
Taylor welcomes Margaret Kozlark, a successful real estate investor who's achieved financial independence and time freedom through investing in real estate. Margaret started as a limited partner before progressing to post-tax investments. She now helps busy professionals achieve financial freedom through passive real estate investing.
 
In this episode, Margaret emphasizes the importance of gaining experience by starting small and learning what you like and don't like about the investment process. Margaret talks about how real estate investing is predominantly male-dominated and her quest to change that by helping more people invest in real estate. She also shares her experience as a realtor and how many realtors don't invest themselves, giving them a different mindset when analyzing properties. 
 
Join us on this insightful episode as we explore Margaret's journey into real estate investing and discover valuable insights into becoming a successful investor yourself!
 
[00:01 - 05:37] Opening Segment
Margaret Kozlark's brief background and career
From working in W2 jobs to real estate investing
The fantastic benefits of depreciation and tax savings
 
[05:38 - 12:54] From Real Estate Agent to Successful Investor
How Margaret started a small real estate investment company called MGH Investments
Noblivest is only about a year and a half old but has experienced exponential growth
Less than 10% of people who work in real estate investing in it themselves
 
[12:55 - 23:00] How One Woman Built Her Real Estate Business with Small and Steady 
Growth
Investing as an LP first to learn about the process and what to look for
Taking your fiduciary duty seriously and working hard to preserve capital and make money for investors
The importance of confidence and a love of learning to succeed in the industry
Real estate investors struggled to find deals due to high demand and empty nesters cashing out
Many people enter real estate without proper training or treating it like a business
Fear of rejection and lack of initiative also hold back realtors from making money
 
[23:01 - 26:50] Closing Segment
Best investment: Margaret's children 
Worst investment: pot stocks during its hype
Most important lesson: real estate is a team sport, and choosing ethical partners is crucial for success

Quotes:
 
"Everybody operates their business a little bit differently." - Margaret Kozlark
 
"Real estate is a team sport. You are only going to go so far on your own. And the people that you choose to partner with do matter." - Margaret Kozlark

Connect with Margaret:
Website: www.Noblivest.com 

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