Women Invest in Real Estate

Amelia McGee, Grace Gudenkauf
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Welcome to the Women Invest in Real Estate podcast where we talk about real estate investing, business, and give a behind-the-scenes look at Amelia and Grace’s lives as full time investors.

  1. WIIRE 224: How I Manage 40+ Midterm Rentals With a Team of 3 (Without Burning Out)

    5D AGO

    WIIRE 224: How I Manage 40+ Midterm Rentals With a Team of 3 (Without Burning Out)

    This week, we sit down with our friend and community leader Emily Karasek, founder of Extend Your Stay. Emily spent 13 years as a nurse before realizing she couldn’t see herself in that role until 65, and she turned to real estate, starting with a flip in 2021, to create a different path. We talk with Emily about how she moved from a long-term rental she hated, self-managing, into mid-term rentals serving travel professionals, and how that “one deal” snowballed into a full-blown MTR management company now overseeing 40+ doors. Together, we dig into what it really looks like to scale: buying imperfect deals, making mistakes, and relying on local meetups, community, and word of mouth instead of having everything perfectly planned. Emily opens up about hiring and leadership—from failed VA hires to finally finding the right one with Airbnb experience, and how she onboarded slowly, with clear expectations and guardrails, instead of dumping everything on her at once. She also walks us through the systems and tools behind her lean operation: Hospitable, Furnished Finder, Notion, Slack, OpenPhone/QO, and Relay. Plus, she dives into how she’s using AI and a custom GPT internally to house SOPs, property quirks, and FAQs so her team isn’t dependent on her brain 24/7. If you’re a female investor, nurse, or mom who wants to build mid-term rentals, protect your time, and step into true leadership, you’re going to love this conversation with Emily.     Resources: Simplify how you manage your rentals with TurboTenant Get in touch with Envy Investment Group Connect with Emily on Instagram Grab our SOP Templates Make sure your name is on the list to secure your spot in The WIIRE Community  Leave us a review on Apple Podcasts Leave us a review on Spotify Join our private Facebook Community Connect with us on Instagram

    36 min
  2. WIIRE 223: Entity Finances 101: How to Pay Yourself, Track Money, and Stay Out of Trouble

    MAR 23

    WIIRE 223: Entity Finances 101: How to Pay Yourself, Track Money, and Stay Out of Trouble

    In this episode, we break down how we manage money inside our real estate entities so we can protect ourselves legally, keep things simple, and actually know if our rentals are profitable. We start with why entity finances matter, including the idea of piercing the corporate veil—what it means, how mixing personal and business funds can wipe out your asset protection, and why it’s so important to get guidance from a CPA and attorney on your specific setup. We walk through: What commingling funds has looked like for us and other investors in real life The simple rules we use to separate personal and business money, even when a property is in our personal names How we structure bank accounts for each entity without going overboard with a separate account for every single property How organized, clean financials have made us more attractive borrowers to lenders We also share what we do when a business bank account runs out of money—how we use owner contributions instead of swiping our personal cards—and how we pay ourselves through owner distributions once we know our true profit. Finally, we talk about how bookkeeping helps us spot problems early, make non-emotional decisions, and make tax time less painful. We explain why trying to DIY our books was a mistake, and why “boring” finances are actually a sign that things are working. If your entity bank account and personal checking are basically the same thing, this episode is your nudge to clean up your money systems and set yourself up for a scalable, sustainable portfolio.     Resources: Simplify how you manage your rentals with TurboTenant Get in touch with Envy Investment Group Listen to Episode 75 with Bonnie Make sure your name is on the list to secure your spot in The WIIRE Community  Leave us a review on Apple Podcasts Leave us a review on Spotify Join our private Facebook Community Connect with us on Instagram

    29 min
  3. WIIRE 222: Non-Negotiables For Buying Rental Properties

    MAR 16

    WIIRE 222: Non-Negotiables For Buying Rental Properties

    In this episode of the WIIRE Podcast, we talk directly to mid‑level investors who’ve moved past their first few doors and are now refining what truly works for their lifestyle and long‑term goals. We unpack our evolving list of rental property non‑negotiables—the standards we refuse to compromise on, even when a deal looks great on paper. We share how our early “hold forever” mindset has shifted into a more strategic approach of “test, then prune”: buying, holding for a few years, then flipping or selling underperforming or high‑maintenance properties to reinvest into better assets. You’ll hear real examples from our own portfolios and our community around: When and why to prune from a position of financial strength Using refinances and equity to scale without over‑leveraging How parking, layouts, trees, and micro‑location quietly make or break long‑term performance The difference between long‑term rentals, MTRs, and Airbnbs, and how Buy Boxes shift by strategy We also revisit the concept of a Buy Box and why your non‑negotiables will (and should) evolve as your experience, capital, and lifestyle priorities change. This episode will help you move from accumulating doors to building a portfolio that actually supports a life by your own design, with fewer surprises and a lot less drama.     Resources: Simplify how you manage your rentals with TurboTenant Get in touch with Envy Investment Group Grab our free Buy Box Template Make sure your name is on the list to secure your spot in The WIIRE Community  Leave us a review on Apple Podcasts Leave us a review on Spotify Join our private Facebook Community Connect with us on Instagram

    27 min
  4. WIIRE 221: Midterm Rental Operators: Leveraging Local Community & Systems for Risky Tenants

    MAR 9

    WIIRE 221: Midterm Rental Operators: Leveraging Local Community & Systems for Risky Tenants

    On today’s podcast, we’re joined again by James Hwang, co-founder of Stellar Housing Solutions in New Jersey, where he and his partners operate 20+ midterm rentals through a mix of ownership, co-hosting, and arbitrage. James breaks down how he’s expanded his reach far beyond his own units by building a local MTR network—a WhatsApp group of New Jersey operators who share leads, referrals, and vendors. That collaboration acts like a “third OTA,” keeping units booked even in slow seasons and opening doors to new co-hosting and arbitrage deals. We dig into arbitrage in today’s market—where it still works, where it doesn’t, and how James structures profitable deals. He targets solid but slightly less “premium” areas near hot markets, negotiates creatively around rent vs. deposits, and positions himself as the stress-free solution for landlords. James also walks us through his landlord conversation playbook: speaking as a fellow owner, addressing pain points like non-payment and property damage, and demonstrating how midterm rentals can mean early, automated rent and better-maintained units. That credibility often leads to repeat opportunities and more doors. If you’re looking to scale midterm rentals, tap into community instead of competing, or revive arbitrage with smart analysis and systems, this episode with James is a masterclass in doing MTRs the right way.     Resources: Simplify how you manage your rentals with TurboTenant Get in touch with Envy Investment Group Connect with James on Instagram Get the deets on Stellar Housing Solutions Find out more about MTR Office Hours Listen to Episode 193 Make sure your name is on the list to secure your spot in The WIIRE Community  Leave us a review on Apple Podcasts Leave us a review on Spotify Join our private Facebook Community Connect with us on Instagram

    48 min
  5. WIIRE 220: Why Amelia Left A 9 Year Relationship (& Why Being Comfortable Has Kept You Stuck)

    MAR 2

    WIIRE 220: Why Amelia Left A 9 Year Relationship (& Why Being Comfortable Has Kept You Stuck)

    In this deeply personal episode of the podcast, we explore what it really means to break up with comfort—in relationships, careers, and life. After ending a nine-year relationship, Amelia shares how staying “comfortable but stagnant” was like dragging a 250-pound anchor while still building a real estate portfolio. We discuss: How real estate investing became the tool to design an audacious, abundant lifeThe difference between being comfortable vs. stagnantHonoring your intuition in relationships, money, and investing decisionsThe power of female investor communities and support systemsTaking messy action, finding “quick wins,” and living in the solutionThis episode is for women in real estate who feel called to something bigger—but are scared to leave what’s “fine.” Follow us on Instagram and share how this episode resonated with you.     Resources: Simplify how you manage your rentals with TurboTenantGet in touch with Envy Investment GroupMake sure your name is on the list to secure your spot in The WIIRE Community Leave us a review on Apple PodcastsLeave us a review on SpotifyJoin our private Facebook CommunityConnect with us on Instagram

    30 min
  6. WIIRE 219: She Converted a Tiny Home Into a Cash Flowing ADU

    FEB 23

    WIIRE 219: She Converted a Tiny Home Into a Cash Flowing ADU

    In this episode of the podcast, we interview investor and nurse Miranda Widmeyer about her first ADU (Accessory Dwelling Unit) project in California—turning a used tiny home on wheels into a fully permitted, high-cash-flow rental. Miranda shares how she intentionally bought a property with space for an ADU, used a rent-by-the-room strategy in the main house to cover her mortgage, and then found a $40,000 tiny home on Facebook Marketplace, negotiating creative seller financing to avoid overleveraging. She walks through the realities of being the first person in her city to convert a tiny home into an ADU, including months of back-and-forth with the city, the manufacturer, and engineers to satisfy code, secure plans, and work through Insignia and permitting challenges. Miranda breaks down her actual numbers—including utilities and concrete —and her target rental income, which comes in under budget and beats the 2% rule. She also discusses funding the project with a HELOC and extra hospital shifts, the power of problem-solving and not taking “no” for an answer, and how the WIIRE Community helped her lead her team and push the project across the finish line.     Resources: Get in touch with Miranda WidmeyerGet all the deets on Miranda's Scrubs2Success Community Simplify how you manage your rentals with TurboTenantGet in touch with Envy Investment GroupMake sure your name is on the list to secure your spot in The WIIRE Community Leave us a review on Apple PodcastsLeave us a review on SpotifyJoin our private Facebook CommunityConnect with us on Instagram

    35 min
  7. WIIRE 218: Multiple Investing Strategies: Smart & Opportunistic or Shiny Object Syndrome?

    FEB 16

    WIIRE 218: Multiple Investing Strategies: Smart & Opportunistic or Shiny Object Syndrome?

    In this episode of the podcast, we’re unpacking the difference between smart, opportunistic investing and shiny object syndrome for female real estate investors who want to build real wealth without burning out. We dive into: What shiny object syndrome actually looks like in real estate—and how it can keep you from ever doing your first dealThe fine line between being distracted and being scrappy and resourcefulWhy committing to one strategy, one market, and one buy box is the fastest way out of analysis paralysisHow we’ve seen experienced women investors stay opportunistic without creating chaos in their portfoliosWe also share real examples from women in the WIIRE community using creative financing, rent-to-own, long-term rentals, mid-term rentals, and short-term rentals—all within a clear, focused ecosystem. If you’re a woman in real estate wondering whether your many ideas mean you’re evolving or just avoiding going all-in, this episode is your honest sanity check and practical roadmap.     Resources: Simplify how you manage your rentals with TurboTenantGet in touch with Envy Investment GroupMake sure your name is on the list to secure your spot in The WIIRE Community Leave us a review on Apple PodcastsLeave us a review on SpotifyJoin our private Facebook CommunityConnect with us on Instagram

    28 min
  8. WIIRE 217: Off-Market Deal Panel: Real Investors Share How They’re Finding Deals in 2026

    FEB 9

    WIIRE 217: Off-Market Deal Panel: Real Investors Share How They’re Finding Deals in 2026

    In this episode, a powerhouse panel of female real estate investors breaks down exactly how they find and close profitable off‑market deals—even while juggling full-time jobs, businesses, and motherhood. You’ll hear real stories from  investors using house hacking, BRRRR, flipping, new construction, and short‑term rentals to build wealth and design a lifestyle they love. You'll hear... When it’s time to pivot from on‑market to off‑market real estate dealsRelationship-based lead generation: community groups, contractors, social media, Instagram, and Facebook groupsOvercoming imposter syndrome and confidently telling people “I’m a real estate investor”Negotiating with sellers, creative financing, and solving seller problems with compassionFollow-up systems, referrals, and paying meaningful referral feesWhether getting your real estate license as an investor actually makes senseThis episode is perfect for beginners to experienced investors who want more deal flow without sacrificing their lifestyle.     Resources: Simplify how you manage your rentals with TurboTenantGet in touch with Envy Investment GroupMake sure your name is on the list to secure your spot in The WIIRE Community Leave us a review on Apple PodcastsLeave us a review on SpotifyJoin our private Facebook CommunityConnect with us on Instagram

    46 min
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5
out of 5
169 Ratings

About

Welcome to the Women Invest in Real Estate podcast where we talk about real estate investing, business, and give a behind-the-scenes look at Amelia and Grace’s lives as full time investors.

Information

  • Creator
    Amelia McGee, Grace Gudenkauf
  • Years Active
    2022 - 2026
  • Episodes
    226
  • Rating
    Explicit
  • Copyright
    © 2022 Women Invest In Real Estate
  • Show Website
    Women Invest in Real Estate

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