How I Turned Cold Calls and a $1,000 Bonus into a Real Estate Empire
Description
Welcome back to Radical Wealth Plan, hosted by Paul Mark Morris and brought to you by Entrepreneur Media. In this episode, I sit down with Barbara Isabel, a powerhouse in real estate investment and development. Barbara’s journey is nothing short of inspiring—she moved to Los Angeles from Spain, built a career in law, and then made a bold transition into real estate, where she quickly became one of the most persistent and knowledgeable professionals in the industry.
We talk about what it really takes to break into real estate, from overcoming early struggles with cold calling to mastering the ins and outs of multifamily development. Barbara shares the pivotal moments that shaped her career, including a conversation with a top developer that set her on the path to building wealth through real estate investment. She opens up about the challenges she faced, how she turned skepticism into trust, and the strategic moves she’s making to become the go-to expert for multifamily investors in Los Angeles.
If you’ve ever wondered how to break into real estate, whether it’s buying your first investment property or building a portfolio, Barbara’s insights will give you a real-world look at what it takes. We cover everything from branding and networking to navigating LA’s evolving development regulations. And Barbara doesn’t just talk theory—she recently purchased her first four-unit property, proving that persistence and strategy pay off.
This is an episode packed with valuable lessons on mindset, strategy, and execution. Whether you’re a seasoned investor or just getting started, Barbara’s story will motivate you to take action and think differently about real estate. Stay tuned, and as always, thanks for being part of the Radical Wealth Plan community.
Timestamps
00:00:00 Introduction to Radical Wealth Plan
00:01:05 Journey from Law to Real Estate
00:05:00 Branding and Standing Out as a Realtor
00:09:02 Transitioning into Real Estate Development
00:12:08 Challenges of Breaking into Real Estate
00:17:43 Cold Calling Strategies and Success
00:24:49 Real Estate TV Shows vs. Reality
00:25:55 Squatters and Challenges in Real Estate Development
00:30:00 Competitive Nature of the Real Estate Industry
00:35:00 Personal Drive and Motivation from Family Loss
00:39:08 Buying First Investment Property
00:45:00 Market Timing vs. Long-Term Investment Strategy
00:50:00 Credit Score Importance in Real Estate Investment
00:55:08 Navigating Development Regulations in LA
01:05:00 The Future Vision: Becoming a Go-To Multi-Family Specialist
01:11:20 Final Reflections and Fire Round Questions
01:15:00 Closing Remarks and Podcast Outro
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