You have to feel the fear and do it anyway. On today’s episode, we talk with Chat Sarmiento-Steinwald, multifamily syndicator and investor, about how you can overcome fear and manifest the life you want through real estate investing.
After the sudden death of her husband, Chat began investing in real estate as a necessity. Through education and networking, she began to invest in apartment syndications and then transitioned to become a general partner. We discuss with Chat how to bring value to a team, what questions to ask when choosing a team, and resources you can use to under write large syndication deals. Chat also shares how she overcame the challenges she faced as a female in a male dominated industry.
Chat Sarmiento-Steinwald is a native of the Philippines. Her dream, as a child, just like any other Filipino was to live in America. As a best laid plan to pursue her dream to come to America, she worked as an Accounts Analyst with Philippine Airlines for two years to use her travel benefit to migrate to the USA. She migrated to Los Angeles at the age of 23, armed with a hundred dollars and a degree in accounting and a fearless drive for the American dream. After landing a job at Dunn & Bradstreet as a Trust Accountant, becoming a mother, and opening an award-winning spa, she decided to focus on multi-family and commercial real estate investing. Chat has become a limited partner in 800 apartment units and a GP in over 400 units.
Chat has also co-founded a women’s group focusing on Multifamily investing called Multifamily Women’s Mastermind with over 500 very successful and active members in the industry. She is also a chapter leader and host for a meet up in Los Angeles area. Chat loves to travel and loves to give back and plans to do more philanthropic works in the near future.
On today’s episode, we discuss a ton with Chat including:
Ways to learn about multifamily syndication How to transition from a limited to a general partner What questions to ask when evaluating a potential syndication team How to invest by showcasing the value you can provide others The importance of knowing your valueBooks/Resources
Rich Dad Poor Dad by Robert Kiyosaki
The Only Woman in the Room Compiled by Ashley Wilson
Contact Information
Facebook – Chat Sarmiento-Steinwald
We have partnered with the Best Ever Conference to offer our InvestHER community discounted tickets for this year’s virtual conference that is happening from February 18 - 21!
If you are looking to invest in Commercial Real Estate...this virtual conference is a MUST attend!! This year’s virtual conference will feature hand-picked industry leading speakers, free mini-coaching sessions, exclusive content on member's only Facebook and LinkedIn group pages and much more!
Liz, one of the founders of InvestHER, is so excited to be speaking at this year’s conference! Liz began investing in 2005 with very little of her own money. Her company now owns and controls over 1000 units of residential and commercial assets throughout the east coast.
She has put together a powerful session called “How to Build a Powerhouse Investing Team.” She will be discussing the critical steps to finding, cultivating, and growing a successful team and/or partnership. You will walk away with new insights and strategies to form the perfect team to achieve your real estate investing goals!
Although the ticket price is going up every week, we were able to "lock in" a ticket price of $547 for our InvestHER community! CLICK HERE TO BUY YOUR TICKET! https://www.bec2021.com/investher
And, special bonus, if you are a STRIVE InvestHER Member, you will receive an extra 35% OFF! If you are a SOAR member, you will receive an extra 20% off! Just head over to the STRIVE and SOAR FB Groups to get the coupon code!
InvestHER Community
Our mission is to support and inspire women real estate investors around the globe to live a financially free and balanced life. We are dedicated to creating empowering online and in person communities where women have a non-intimidating environment to ask questions and receive the support they need. Our vision is to see all woman investors achieve her financial freedom goals on her own terms.
How To Join the InvestHER Movement
1) The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves.
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