Jonathan sits down with Melissa Nash, founder of Lady Luck Investments, to discuss how she built a real estate portfolio that secured her family’s financial future in under six years on this episode of Zen and the Art of Real Estate Investing. Melissa’s path into investing began out of necessity, but it quickly became a mission to help other women do the same. She believes that achieving financial security through real estate doesn’t require amassing a huge number of properties—just the right strategy. Now, she’s dedicated to changing the narrative around women in real estate and empowering them to build lasting wealth and independence.
Jonathan and Melissa explore her real estate journey, inspired by her grandmother-in-law’s investments in Los Angeles in the 1960s. Melissa opens up about her challenges as a female investor, the lessons learned from early missteps, and the mentor who introduced her to turnkey investing. She shares how a Section 8 property became a turning point in her success, eventually leading her to short-term rentals, which she chooses to self-manage for greater control. Melissa explains the power of STRs in generating immediate cash flow and funding future investments, along with the common mistakes new investors make when first starting.
Melissa shares more about:
- Melissa had a few early failures when she began real estate investing, which she attributes to her unwillingness to learn.
- Turnkey properties gave Melissa the success and stability she sought, which led to short-term rental investing as well.
- Diversifying a real estate portfolio helps create a balance between cash flow and stability.
Melissa Nash built a long-lasting real estate legacy for her family, and she is teaching other women how they can do the same.
If you want to learn more about Zen and the Art of Real Estate Investing Podcast, check out https://zenandtheartofrealestateinvesting.com/podcast/226/.