Free resource: 10 Questions to Ask Before You Buy That Rental Property

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Email: nancy@moneymakinmamas.com

A property can look like a great investment until you start asking the right questions.

In this episode of the Money Makin' Mamas Show, Nancy Wallace-Laabs and Kelcie Leka discuss real investment properties they've recently evaluated, including a potential rental that developed an unexpected plumbing problem and a property where wholesaling made more sense than renovating and flipping.

They share how new information changes investment decisions and why the right opportunity depends on more than the purchase price or potential profit.

In this episode, you'll learn:

• Why a property that looks like a good deal may not be one after inspections
• How hidden repairs can change your investment strategy
• When wholesaling might make more sense than flipping or holding a rental
• Why cash reserves, financing, and carrying costs matter
• How to evaluate rental income beyond the mortgage payment
• Why your time, available cash, and personal goals should influence your decision
• When walking away from a property is the smartest choice

You'll also hear how Kelcie's perspective on investing has changed as she balances family responsibilities, financial goals, and the realities of participating in real estate deals.

The important question isn't simply whether a property is a good deal. It's whether it's the right deal for you.

Before you commit your money to an investment property, take time to ask the questions that can reveal expenses, risks, and opportunities you might otherwise overlook.

Free resource: Download our 10 Questions to Ask Before You Spend Money on an Investment Property guide.

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Follow Money Makin' Mamas on YouTube for more real estate investing education, property walkthroughs, and actual deal evaluations.

https://www.youtube.com/@moneymakinmamas

What if the thoughts running through your head are actually giving your brain instructions to keep you stuck?

In this episode of the Money Makin' Mamas Show, Nancy Wallace-Laabs sits down with Dr. Lucette Beall for a conversation about how our brain patterns, self-talk and beliefs influence the decisions we make, the habits we repeat and our ability to change.

Dr. Lucette explains why capable people can know exactly what they want to change and still find themselves returning to the same mental loops. She breaks down the role of the reticular activating system, how our brains filter information based on what we already believe, and why simply telling ourselves to “think positive” isn't necessarily enough.

The conversation explores self-judgment and shame, age-related beliefs, boundaries, responsibility and the stories we continue telling ourselves about who we are and what we're capable of doing.

Dr. Lucette also explains her Brain Reset Method, a practical approach for recognizing an unproductive mental loop, interrupting it and beginning to create a different response.

Nancy and Dr. Lucette discuss why change doesn't have an expiration date and how decisions, daily appreciation, self-care and intentional action can begin shifting patterns that may have existed for years.

You'll hear them discuss:

• Why our own self-talk can reinforce the problems we're trying to solve
• How awareness helps interrupt recurring mental loops
• The connection between judgment, shame and feeling stuck
• Why age doesn't have to determine your ability to change
• How the Brain Reset Method works
• The role of boundaries and personal responsibility
• Why joy, appreciation and self-care matter
• How small, repeated actions can create meaningful change

The larger message is simple:

You don't have to keep believing every story you've been telling yourself.

Change starts with recognizing the pattern, deciding what you want instead and beginning to give your brain a different set of instructions.

Contact Dr. Lucette Beal:
Dr. Lucette’s: linkedin.com/in/dr-lucette-beall-aa395744
Website: drlucette.net

Thinking about buying a rental property?
Download the FREE Rental Property Deal Check: 10 Questions to Answer Before You Buy.
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Have a real estate question or want to talk through a deal?
Schedule A Call with Nancy
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Questions?
Nancy Wallace-Laabs
nancy@moneymakinmamas.com

In this episode, Nancy Wallace-Laabs shares her extensive experience with distressed real estate deals, emphasizing when to persevere and when to walk away. She discusses common complications like title issues, liens, and seller demands, and offers strategies for evaluating whether a difficult deal is worth saving.

Key Topics
Distressed property scenarios and challenges
Evaluating if a deal is worth the wait
Common title and lien issues and solutions
The importance of relationships with title companies and lenders
Decision-making criteria for walking away or proceeding
Impact of emotional reactions on deal decisions
Strategies for problem-solving in real estate
Assessing risk and value after problems arise
The difference between a complicated and a bad deal
Four questions to evaluate deal difficulty

Thinking about buying a rental property?
Download the FREE Rental Property Deal Check: 10 Questions to Answer Before You Buy.
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After almost 20 years of real estate investing and walking through hundreds of houses, Nancy Wallace-Laabs has learned that she's rarely walking into just a piece of property.

She's walking into someone's life.

As an investor, Nancy may walk through the front door and immediately see flooring, foundation issues, HVAC, repairs, ARV, rent and an exit strategy.

But the seller standing next to her may see the room where their children grew up, the kitchen where their family gathered or the home their spouse spent years maintaining.

They're standing in the same house, but they're seeing two completely different things.

In this solo episode of the Money Makin' Mamas Show, Nancy shares what hundreds of properties and seller conversations have taught her about the human side of real estate investing.

She talks about working with distressed sellers facing foreclosure, divorce and financial problems; families navigating probate and inherited properties; multiple heirs who don't agree about what should happen to Mom's house; and properties that have simply become more than their owners can manage.

Nancy also shares a lesson that applies far beyond investing:

Don't judge the person by the condition of the house.

Deferred maintenance, clutter or a property in serious distress doesn't tell you what happened to the person living there. Illness, job loss, death, financial problems or simply becoming overwhelmed can all be part of a story you can't see during a property walkthrough.

You'll also hear why relationships with sellers, lenders, title companies, Realtors and other investors have become such an important part of Nancy's investing business.

The numbers still matter.

Due diligence still matters.

The contract still matters.

But after 20 years, Nancy has learned that real estate isn't only a property business. It's a people business.

Because every house has a story.

And sometimes you don't know the rest of it until you're willing to listen.

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.
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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

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.

A good opportunity can still be the wrong opportunity for you.

Real estate investors are constantly presented with opportunities: properties, partnerships, syndications, networking groups, coaching programs, new systems and new ways to grow a business.

But experience has taught Nancy that the goal isn't to figure out how to make every opportunity work. Sometimes the better decision is to walk away.

In this episode of the Money Makin' Mamas Show, Nancy shares several real experiences that changed how she evaluates opportunities, including a property that raised too many questions, investment opportunities that looked good until due diligence changed the picture, and business decisions that required her to look beyond the potential upside.

She also shares the three questions she now asks before committing her time, money or attention:

Does it make sense?
Does it fit what I'm doing right now?
What will saying yes to this take away from?

Because sometimes the decision isn't between a good opportunity and a bad one.

It's deciding which good opportunities actually belong in the life and business you're building.

Visit our Resouce Center and get your copy of the How To Analyze an Investment Property:
https://pswxb3-cy.myshopify.com/products/how-to-analyze-an-investment-property?variant=51906351169826

What are you building beyond your paycheck?

As Money Makin' Mamas begins a new season, Nancy and Kelcie are having a different conversation about real estate, money and the decisions we make at different stages of life.

Kelcie shares how her priorities have changed as a mom, including why an investment strategy that once sounded perfect no longer fits her life. Nancy shares why she's also looking at deals differently today and why being capable of doing something doesn't necessarily mean you should do it.

They also talk about the financial decisions women tend to put off while they're busy building careers, raising families and handling everything immediately in front of them.

Season 3 will still include real estate investing, deals and practical strategies. But the conversation is getting broader: How do our beliefs about money influence our decisions? What options are we intentionally creating? How does the right investment strategy change as our lives change?

This season will also bring more guests, more seller and deal stories, and perspectives from people with expertise in private money, financing, title and other parts of real estate investing.

Because building income beyond your paycheck isn't about following someone else's plan. It's about creating options that make sense for the life you're actually living.