From humble beginnings as the oldest of 4 children living in a 1 bedroom trailer, to homeless single mother of 3, Rachel Young has certainly seen her share of hard times.
She was at a loss as to what to do next when she read Robert Kiyosaki's Rich Dad Poor Dad. She made a decision to move forward and take control of her life. She knew she wanted to create her own wealth and decided that through real estate she would be able to achieve that goal.
Rachel, her new husband and her 3 children lived in a basement apartment for a year and a half while they started investing. They started wholesaling a few houses and realized they needed to set short-term and long-term goals. Some goals were easily attainable and others were difficult to achieve. She made each day count by working as hard as possible to accomplish what she set out to do. Brian Tracy's book, "Goals" was a book she attributes as a lifesaver during the trying times.
Drive, determination, and spectacular marketing abilities brought Rachel "out of the ashes" and led her to being one of Atlanta's most successful real estate investors in single family homes. The most important suggestion Rachel gives to other investors starting out is do not give up. Gather as much information as you can. Rachel considers REIA clubs a great opportunity to gain free advice and network with other investors to create a wholesale buyers list so that when you get that first property under contract, you've got someone to sell it to. She also recommends picking up copies of free real estate publications in your local grocery store. It may give you a good idea of what the market is like in your area, what home prices are going for, and what areas are hotter than others. This may help determine both your buying and selling strategy.
It was the ability to bounce back from failure and keep going that led to Rachel's success in real estate. Most folks are so used to hearing about how easy it is to invest and Rachel Young does not believe this to be true. She feels that her ability to learn from her mistakes and to recognize what Zig Ziglar says, "Failure is an event, not a person. Yesterday really did end last night. Today is your new day and its going to be magnificent!"
Rachel's willingness to teach her strategies and marketing techniques to others has made her a much sought-after business woman in the real estate investing community. Her company, Big Cheese Marketing, has skyrocketed through the ranks of other marketing businesses.
She is an investor as well as an entrepreneur. Rachel Young is the author of "Subprime Real Estate Profits", received an Honorary Mention for GKIC Information Marketer of the Year 2007 and is a Renegade Warrior of the Year 2007 nominee.