Reigning Real Estate | Think Realty

The Apartment Queen, Kaylee McMahon, empowers female investors

The path to success often begins with questions.

Kaylee McMahon, Known as The Apartment Queen, her multi-family home journey began by asking the right questions. And although she initially relied on curiosity, she soon found that the answerer is just as important as the questions she asked.

McMahon knew her curiosity would be good for her, and she wasn’t afraid to ask and learn. But what she wished for when she began her journey as a real estate investor was a female mentor.

“All of the men who helped me in the beginning were great. I don’t mind, but women look at life experiences from a different perspective and know how to overcome certain challenges that only women go through. It really helps when someone gets your point, ”she said.

She now wants to be a lens for other women in the industry. And what she saw through this lens in her four year REI career opened her eyes. For McMahon, working with mentors, finding partners, and supporting other prospective investors is not just about trust, but also verification.

McMahon began actively investing in flipping a rent and passively investing in a home note.

“I didn’t have enough money to invest in large apartment offers, but I had a small IRA and invested on a house note with a group before getting into apartment buildings.”

Now, four short years later, her business is flourishing. What other industries can you take you so far so quickly? “Maybe technology,” she said. “But that depends on whether you have a unicorn idea and stick to it. Unicorns aren’t born every day. Real estate is amazing that way. “

But everything amazing almost always comes with tough lessons.

Kaylee McMahonLearning the hard way

McMahon, like some real estate investors who started their businesses, found himself in a bushel of bad apples. People in the industry talk about bad actors and the untrustworthy people. Unfortunately, they exist in every industry. McMahon learned this lesson the hard way – twice.

As the kind of person who knows how to ask the right questions but also trusted the wrong people, McMahon’s main question became, “Who do I trust?”

“Someone’s past behavior is always an indication of their future behavior. You have to trust but verify, ”she said.

She admits that she naively assumed that other people would act like her – with honesty and integrity, and according to the golden rule. “I just trusted. I haven’t checked, ”she said.

Had she verified the first bad apple, she would have learned that this person had no one to verify their deals. This person didn’t have a track record.

“When you start out in the industry you may not have a track record, but I haven’t spent enough time with this person to see if they align with my goals. I opened up widely by working with someone who had different goals. “

“I wish I knew you could do a thorough search and find active information to determine if a character is someone you want in your life. Because your behavior will ultimately affect your physical and emotional health. “

“This is how life works: you tap the shoulder to learn a lesson. At some point that rooster turns into a slap. Until you learn a lesson, it will keep coming back to test you. Desperate every lesson, I rushed to make decisions and ended up in a place where I needed to be saved. I allowed a frightening situation to determine my behavior. “

Now she’s waiting to answer, thinking about it and not making decisions out of fear.

“At the end of every scary experience: blackmail, threat or whatever, I remember my legs still hanging! When things are completely out of control, go into your yard and feel your feet in the grass. It really helps. The feeling of being physically connected to the earth has been a tremendous healing process for me and keeps me present, ”said McMahon.

The dating game of partnerships

Whether you are in a syndication or a founder / co-founder relationship, McMahon said that any type of partnership is like a beginning date. She advises finding a trustworthy partner and spending a year with him. Travel with them. Get referrals.

“When you have exhausted doing things by yourself, it is time to seek help. It’s not about how I do it, it’s about who can help me, ”she said.

First, she said it was imperative to find someone active in the real estate niche you are in. Check out this person by spending time with them to see if they can be trusted. But the extra step – checking someone out – is crucial.

Then it is important to assess a potential partner’s skills and motivation.

“In a limited partnership or LPGP structure, you need to find someone you can trust over the long term to take over the reins. Joint Ventures / Tenants in Common and Co-Founder relationships are different – everyone is seated at the table, but you need to find out each other’s strengths and make sure everyone stays on their own and respects each other by avoiding them Come across, “she said.

McMahon’s unfortunate experiences with bad business partners gave birth to her start-up, Big Sister Security, which is still in its infancy. The focus is on getting substantive information about someone before doing business with them – figuring out how someone is motivated, their business history, personality traits, previous business relationships and transactions, unspent services, links to crime, bad deals, etc. Being able to find this information was the starting point for her search because she needed data to be influential and to protect herself.

“When you’re in a situation where your word goes against theirs, you need this empirical data,” she said. “I believe in justice and doing the right thing. It is very important to hold people accountable. “

Branding based on a cause

Every third woman is abused in some way, be it physically, emotionally, or financially. McMahon was one of them, and cash-flow real estate was their way out. Now she and her company have a mission to do something about it by empowering women to generate life-changing passive income through investing in homes.

Kaylee McMahon“When women are empowered and secure, they are no longer victims,” ​​she said.

McMahon’s company name is Apartment Queen Investments, which owns 1,000 units in Texas and Arizona, but they quickly took on Apartment Queen as a brand because they learned the name was in demand, so she immediately set out to make it hers To make names.

Two criteria were high on McMahon’s list when she found out her brand. And the list was made by asking herself another question: “What is important to me?”

1. Get people’s attention

2. Be feminine focused

McMahon’s passion for working with women in the real estate industry has permeated her brand and is a cause close to her heart and rooted in previous personal experiences. She wanted to “create independence and space for those experiencing codependency and toxic relationships that hinder their ability to imagine and manifest what their amazing reality really could be.”

Apartment Queen Investments’ mission is to “stop abuse and co-dependent relationships by providing women with investment opportunities and hands-on training on how to create wealth through real estate investments”.

The idea is to create financial freedom and a powerful mindset that will ultimately lead the individual to find purpose and live without fear.

“Women are more cooperative and emotionally more intelligent. Because of my abusive past, I need freedom of choice and I’ve found women to be more democratic and more open to other perspectives. I am not the end of everyone, be everyone in every decision. There are different lenses and in partnerships you need them. I don’t know exactly what the perfect partnership is, but our effective leadership comes from the empowerment of women to be leaders, ”said McMahon.