Manage episode 522458257 series 2564698
Welcome back to another episode of The Richer Geek Podcast, today we are joined by Christina Suter, a seasoned real estate investor, advisor, and educator. Christina shares her journey, starting with inheriting a paid-off house at 17, and explains why she views real estate as a vehicle for location, time, and choice freedom, not just money. Tune in as she discusses her shift from appreciation plays in California to high cash flow strategies like room shares , and how her "Live A Rich Life" coaching helps people find meaning and purpose beyond just achieving financial independence.
In this episode, we chat about…
The "Why" for Investing: Christina's core motivation for investing is to be a mom, allowing her time freedom.
Investing Start: She began investing at 17 when she inherited the family's paid-off $200,000 house in LA.
Money vs. Purpose: Achieving financial freedom in her thirties left her unhappy; she realized money brings freedom, but a sense of purpose brings peace.
Shift from California: Christina moved her focus out of high-appreciation California due to poor cash flow and difficult tenant's rights laws.
High-Return Strategy: She shifted from Airbnb to room shares, a strategy that can generate over $5,000 a month, or double the income of a long-term rental, on a $300,000 investment.
Money gives freedom, but mindset is what brings peace.
If you don't choose your direction, life chooses it for you.
Cash flow and appreciation serve different stages of your financial plan.
Room shares can outperform long-term and mid-term rentals in the right markets.
Your "why" must be deeper than money, the money comes from living your purpose.
Resources from Christina
LinkedIn | christinasuter.com | Email | Contact number: (310) 463-5942
Resources from Mike and Nichole
103 episodes