Money Makin' Mamas Show

Nancy Wallace-Laabs and Kelcie Leka

You work hard. You earn good money. And yet something still feels uncertain about depending on that one paycheck forever. Welcome to the Money Makin Mamas Show — the podcast for professional women who are ready to transition from paycheck dependency into single family real estate investing without quitting their jobs. Hosted by mother-daughter duo Nancy Wallace-Laabs, a real estate investor and Realtor with 20 years of experience, and her daughter Kelcie Leka, a former corporate manager turned real estate investor and mom of two — this show gives you the honest conversations, practical strategies, and real world proof that this path is possible for women exactly like you. Every episode covers the real stuff — how to find your first deal, how to analyze a property, how to find off market opportunities nobody else is chasing, and how to build wealth one single family home at a time while still showing up for your career and your family. One property can change everything. Let us show you how.

  1. 5d ago

    Private Money for Real Estate: What Borrowers AND Lenders Need to Know — with Chris Naugle

    Connect with Chris Naugle and the Private Money Club:Private Money Club - sign up for Free:   https://privatemoneyclub.com/premier-sales-page Chris Naugle YouTube: https://www.youtube.com/@TheChrisNaugle Chris Naugle LinkedIn:  The Chris Naugle Thinking about buying a rental property?Download the FREE Rental Property Deal Check: 10 Questions to Answer Before You Buy.money-makin-mamas-rkh1lz.subscribepage.io Looking for another way to fund real estate deals—or wondering what it actually means to become a private lender? In this episode of the Money Makin' Mamas Show, Nancy Wallace-Laabs sits down with Chris Naugle, founder of Private Money Club, for a practical conversation about private money and how it works in real estate investing. Chris breaks down the difference between private money and hard money, what types of deals private lenders may consider, and why relationships are such an important part of connecting borrowers with capital. But this conversation isn't only for borrowers. Nancy and Chris also turn the discussion around and look at private lending from the lender's perspective. What due diligence should you do before putting your money into someone else's deal? What should you know about the borrower, the property and the numbers? And how do you avoid making a decision based solely on an attractive return? Chris also shares why he created Private Money Club, who private lenders really are, how self-directed retirement accounts and other sources of capital can enter the conversation, and why education is critical on both sides of a private-money transaction. In this episode:  Private money vs. hard money  What types of real estate deals private lenders fund  How to approach potential private lenders  What lenders should know about borrowers  Due diligence before lending on a real estate deal  Who becomes a private lender  Self-directed IRAs and other potential sources of capital  How Private Money Club connects borrowers and lenders  Why relationships, education and transparency matter Whether you're trying to fund your next real estate deal or you're interested in understanding the other side of private lending, this conversation gives you a look at both sides of the table. Guest: Chris Naugle Founder, Private Money Club Ready to build your own real estate investing system?Thinking about buying a rental property?Download the FREE Rental Property Deal Check: 10 Questions to Answer Before You Buy.money-makin-mamas-rkh1lz.subscribepage.io

    Private Money for Real Estate: What Borrowers AND Lenders Need to Know — with Chris Naugle
  2. Sep 28

    When the Information Changes, Should Your Decision Change?

    Ready to build your own real estate investing system? Get the step-by-step Real Estate Investing System Nancy uses to evaluate opportunities, make better decisions, and build your investing business:   https://pswxb3-cy.myshopify.com/collections/start-investing What happens when you make a decision—and then the information changes? In real estate investing, it happens all the time. You run the numbers. Talk with the seller. Do your due diligence. Agree on a price. Sign the contract. Then something changes. A title problem appears. An unexpected lien is discovered. A repair is much more expensive than anticipated. Another heir has to approve the sale. Or new information changes the deal you thought you were buying.  In this solo episode of the Money Makin' Mamas Show, Nancy Wallace-Laabs shares real deals where that happened—including a foreclosure property derailed by a $70,000 lien, a property with hidden foundation and plumbing problems, and a transaction involving multiple heirs and one person no one could locate.    The challenge isn't simply knowing how to solve a problem. It's knowing whether the problem is still worth solving. Nancy shares the three questions she comes back to when new information changes a deal: What exactly changed? What does that change do to the numbers, risk or outcome? Knowing what I know today, would I still say yes?  Because sometimes persistence means finding a solution. And sometimes good judgment means recognizing that the deal has changed enough that it's time to walk away.

    When the Information Changes, Should Your Decision Change?
  3. Aug 3

    The Clues I Look For Before I Buy a Rental (That Have Nothing to Do With the Numbers)

    After years of buying single family rentals, I've learned that the numbers are only the first filter. They tell you if a deal can work. They don't tell you if it should. In this episode, I'm walking through the clues I look for once the spreadsheet checks out. Hoarder houses next door that no fence can hide. Neighborhoods where pride of ownership is missing and the whole block would need renovating, not just the house. Streets so narrow that parked cars turn a duplex into a daily traffic jam. I talk about why I stay away from properties near open, undeveloped land, and what happened when I found out a property near a firehouse got me a real discount on insurance. I also share two properties I walked away from for reasons that had nothing to do with price. One sat on a busy thoroughfare with a bedroom facing the noise. Another backed up to railroad tracks with no fence between the yard and the rails. Both were good deals on paper. Neither made the cut once I stood outside and actually looked. None of these clues are dealbreakers on their own. But they belong in your due diligence right alongside your comps and your cash flow numbers, because they are exactly what will affect your exit, whether that is renting the property long term or selling it down the road. If you want help with the number side of due diligence, our  property analyzer is in the resource center. MMM Resource Center

    The Clues I Look For Before I Buy a Rental (That Have Nothing to Do With the Numbers)
  4. Jul 27

    Why One Rental Property Creates More Options Than Most Investments

    Begin with our FREE Real Estate Investing Masterclass: How to Build Income Beyond Your Paycheck with Real Estate ▶️ https://youtu.be/HqKRPymCFb8 🛒 MMM Resource Center: https://pswxb3-cy.myshopify.com/ 📧 Questions? Contact Nancy Wallace-Laabs nancy@moneymakinmamas.com Description: What if I told you that one rental property won't make you rich? It probably won't replace your income or let you retire next year. But it might do something even more valuable: it might give you options. Options to work because you want to, not because you have to. Options if life changes, if your priorities shift, or if you simply want more control over your future. When I bought my first rental property, I wasn't trying to build an empire; I was trying to build options. The Power of One Rental Property One rental property can profoundly change your life. Many people assume that one rental isn’t enough to make a difference, but that’s where they get it all wrong. Here’s why: Monthly Cash Flow With just one rental property, you create an additional income stream. This monthly cash flow continues even when you’re not actively working, providing you with financial stability and freedom. You don’t have to rely solely on your job. It’s this income that allows you to say yes to opportunities because you want to, not because you have to. Building Equity and Confidence Owning rental property is also about building equity. As you pay down the mortgage, your asset appreciates over time, even while you sleep. More importantly, each step in real estate investing builds confidence. The first deal teaches you invaluable skills and knowledge that you can apply to your next investments. This process eradicates self-doubt, allowing you to pursue further properties with assurance. Flexibility in Life Changes Life is unpredictable. Job loss, health issues, or family changes can happen at any moment. Having a rental property creates a financial cushion that gives you breathing room in these situations. It allows you the flexibility to pivot without panic, enabling you to respond thoughtfully rather than react in desperation. The Mindset Shift Investing in real estate shifts your mindset from being a consumer to becoming a creator. You start thinking like an owner. This transition not only changes how you view money but how you approach life. You’re no longer just getting by; you’re actively building a future. This perspective fosters a sense of empowerment and control over your finances, which many women find invaluable. The Journey of Growth Starting with one rental property is just the beginning. Each additional property you acquire builds upon the last, compounding your knowledge and confidence. The real returns from your first rental property extend beyond financial gains; they instill a belief system that you can repeat this process. This is especially empowering for women, as it opens doors to more choices and financial independence. Investing in real estate is not merely about the properties you acquire; it’s about the options you create for your future. More choices lead to more freedom and flexibility in life. If you’re ready to take the first step toward building your options, consider starting with just one rental property. Remember, the journey begins with a decision to act.

    Why One Rental Property Creates More Options Than Most Investments

About

You work hard. You earn good money. And yet something still feels uncertain about depending on that one paycheck forever. Welcome to the Money Makin Mamas Show — the podcast for professional women who are ready to transition from paycheck dependency into single family real estate investing without quitting their jobs. Hosted by mother-daughter duo Nancy Wallace-Laabs, a real estate investor and Realtor with 20 years of experience, and her daughter Kelcie Leka, a former corporate manager turned real estate investor and mom of two — this show gives you the honest conversations, practical strategies, and real world proof that this path is possible for women exactly like you. Every episode covers the real stuff — how to find your first deal, how to analyze a property, how to find off market opportunities nobody else is chasing, and how to build wealth one single family home at a time while still showing up for your career and your family. One property can change everything. Let us show you how.