Victoria is a real estate investor, specializing in single-family home rentals, all while maintaining a successful career as a registered nurse. Her overarching objective is to achieve financial independence while simultaneously educating healthcare professionals and those eager to learn about the potential of passive income through multi-unit investments. Rooted in a dedication to enhancing financial literacy, Victoria is proactively honing the skills required for active participation in General Partner partner in Multifamily Deals. Her interests span multifamily ventures to single-family fix-and-flip opportunities, all underscored by a commitment to empowering others with the knowledge to take control of their financial futures.
Here’s some of the topics we covered:
- Immigrating From The Philippines
- Transitioning From Single Family To Multifamily
- The First Steps Into Building Multifamily Team
- Figuring Out Your Role On The Team
- The First Setbacks And How To Overcome Them
- The Importance Of Investor Transparency
- Lessons Learned From Being a Passive Investor
- How The Warrior Group Helped Expand Victoria’s Knowledge
To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email Partner@RodKhleif.com
Full Transcript Below
00:00:00:01 – 00:00:19:05
Rod
Welcome back to multifamily rock star. So as you guys know, this is where we interview people that are just crushing it in this business and show you guys the inside scoop as to how multifamily investors are creating that massive success in their businesses and in their lives. And as always, I’ve got my co-host who’s the director of our massive action team for the Warrior Groupon, Mark Nagy.
00:00:19:05 – 00:00:42:20
Rod
There are. Good to be back for another one. Yes, it is. Yes, it is. And we’ve got a real treat today. We’ve got Victoria. Yep. And Victoria is a nurse as her and her husband Jasper are both nurses and which just speaks to the beautiful heart that she has because anybody that can do that has a beautiful heart and she’s in just under 250 units, some as a general partner and some as a limited partner.
00:00:42:22 – 00:00:47:04
Rod
And we’re going to have a lot of fun today. Welcome to the show, Victoria.
00:00:47:06 – 00:01:09:06
Victoria
Well, thank you. Thank you. And like I said, this is part of my vision board coming to life. I’ve been a nurse for 27 years and I emigrated in this country 23 years ago. And it’s been a beautiful journey. And yeah.
00:01:09:08 – 00:01:11:00
Rod
I’m from where? From From where?
00:01:11:00 – 00:01:13:06
Victoria
Victoria and the Philippines.
00:01:13:08 – 00:01:30:11
Rod
Okay. Okay, Well, why don’t you. Why don’t you tell a little bit of your story? Let’s start there. Or just. Just kind of, you know, you immigrated. That’s has to be that’s a big deal. And and just talk about your journey in real estate and, you know, and just kind of bring us current. So go ahead.
00:01:30:13 – 00:02:06:00
Victoria
We are dedicated w two nurses in when I had my third baby, I realized that I don’t think I can retire early. So I started looking, researching back then on ways how to happen. And most of the people from my research, I’ve learned that they’ve been big fans of real estate. And so that’s how I started when after realizing I had my third baby, that, you know, early retirement is not going to be our nursing job, will not be afford us.
00:02:06:00 – 00:02:48:13
Victoria
So we started in the single family space in 2013. And so we realized the beauty and the growth potential of being in real estate. And so as we continuously and slowly growing our portfolio around our area, COVID hit in obviously in 2020, and there’s so many life defining moments that presented us. Number one is tomorrow’s never guaranteed. You know, as frontliners people colleagues were friends were dying, left and right.
00:02:48:13 – 00:03:32:10
Victoria
And it was a reality was like, oh, my goodness, if there are things that I have that I want to do or want to accomplish, I have to do it now. There’s no time for delay. So I’ve deep dive into how I can grow our resources and whatever little savings we’ve had. And that’s how I bumped into Multi-unit Family Investment and the funny thing is I joined a multi-millionaire book club and I just learn and pick up from their brains what are their investment styles, you know, stocks and whatnot.
00:03:32:14 – 00:04:20:05
Victoria
And the syndication was part of it. And so that’s how I got interested, because I’ve already had single family. And so I learn and from most of the LPs, limited partners, how they vet sponsors, what are they looking for? The critical part of trusting the operators. So I kind of like in the front line, I knew what the game was and then I further learned from all the podcasts I can learn, especially at that time when it was very dark and depressing in to healthcare, where when I come home I don’t want to bring that darkness at home.
00:04:20:06 – 00:04:46:17
Victoria
I want to keep on finding a positive vibe, an energy that wanted me to wake up, you know, for another hopeful day. And so that’s how I just invested the rest of my energies for learnings and so one day I bump into a friend who actually posted in social media about syndication and they were doing a due diligence, said, Oh my goodness, this is my time.
00:04:46:17 – 00:04:56:05
Victoria
I think that I had to do this based from what I’ve learned. And so that’s how they introduced me to the Warrior program. And this is it. This is where.
00:04:56:07 – 00:05:02:16
Rod
Were you listening to my podcast or other podcasts? How did you did or it was through this friend that introduced you.
00:05:02:18 – 00:05:03:16
Victoria
Correct?
00:05:03:18 – 00:05:30:02
Rod
Okay. Okay. So you didn’t have to suffer through my show at all. Lucky you. So you said something that really resonated with me, Victoria, and that was you came to the realization that you had to do it. Now that, you know, time is the only nonrenewable resource that we have. You know, my, my, my, my dad had a phrase that I used to love, which was if not now when, you know.
00:05:30:04 – 00:05:51:07
Rod
So I really appreciate that that you said that. So I know that you have done you joined the Warrior program back in, what was it, December of 21. And I know you’ve done a syndicate, you’ve done a 40 unit syndication with other warriors. Do you want to tell us a little about that deal? Where is it? How did you find it?
00:05:51:07 – 00:05:54:05
Rod
And just talk about that deal a little bit, if you would?
00:05:54:07 – 00:06:06:23
Victoria
Yeah, of course. After the bootcamp in December 2021, it was exciting, exhilarating, and it was just a very enlightening.
00:06:07:01 – 00:06:13:14
Rod
Oh, so I didn’t know you went to a boot camp, so you suffered through three whole days of me. Then which one was that? Was that Denver wasn’t that wasn’t.
00:06:13:15 – 00:06:13:23
Victoria
It was.
00:06:13:23 – 00:06:20:20
Rod
Orlando Boot Camp OC, which is where we got one coming up. Right. So. Yeah. Okay. All right, All right. Forgive me.
00:06:20:22 – 00:06:55:22
Victoria
And I got to know the faces, the sponsors, the syndication community, such a wonderful group of people. Just amazing. So from different facets of life, engineers, ites, medical professionals, teachers, just anybody. But, you know, we resonated the same core beliefs of wanting to grow together. And that was it. You just be with people, connect a network and and get to know them and you know, you kind of have a sense of who the people you want to work with.
00:06:55:22 – 00:07:23:02
Victoria
And that got me hooked. And of course, after having gone through the training of underwriting the deals, understanding the numbers, it is a process. It’s not an overnight thing that you just jump in because, you know, learning how to develop your skills, either you want to be an underwriter, you want to find the deals, you want to be an investor relations officer, you want to be a capital raiser.
00:07:23:04 – 00:07:44:05
Victoria
You know, you have to grow those skills. Even if you have some natural inherited skills. You have to find and discover yourself in the process. And that’s and that’s how it came about. The year a little over after a year, we it materialize. I was part of an amazing 40 unit deal in Tampa.
00:07:44:07 – 00:07:50:03
Mark
Did you play and how did you decide what role you were going to play on that team? Speaking of roles?
00:07:50:05 – 00:08:19:08
Victoria
Right. You know, as nurses, we’re a people person. It’s easy for us to connect and talk to people. And we also are part of the asset management and investor relation. That’s what we do, you know, as also inherent to our skills. We would be we, we study the terms and then of course we simplify the science of syndication to our investors so that they make it.
00:08:19:10 – 00:08:37:19
Victoria
You make it so understandable and easy to grasp, especially for the first time investors, because it could be as complicated or you want to simplify it. So we were like bridging the gap of under that understood finding that science that needed to be educated to our investors.
00:08:37:21 – 00:09:01:20
Rod
Yeah, yeah, sure. Well, that’s how it works, so. Sure. Did you have any setbacks in this journey, either in your single family time or, you know, in that in that multifamily space, any, any setbacks that failures or, you know, I call them seminars any any things that things that you grew from or that you that you could share.
00:09:01:22 – 00:09:37:01
Victoria
Yeah, both in LPC and GP’s. I’ve had experience setbacks and I experience into LP really have helped me tremendously on how to become a better GP. So it gave me a firsthand idea on how to take care of my own GP investors. Of course the setbacks will always going to be there. It’s always going to strengthen you, it’s always going to tap into how are you going to continue to solve problems and how are you going to break it to your investors staying on course?
00:09:37:01 – 00:09:45:16
Victoria
And what are the the deals are there for that. It’s not a get rich to scream. Scream to get rich quick.
00:09:45:16 – 00:09:47:19
Rod
Yeah, no, it’s not a get rich quick. Good thing.
00:09:47:19 – 00:10:11:17
Victoria
Yeah, exactly. I mean, you have to let it grow. And as a real estate investor since 2013, I know that. I mean, if you don’t grow overnight, you have to wait for the seeds to sprout and you have to take care of it. And the good thing about our deal is that our team really make it a point and very intentional in giving our investors monthly update.
00:10:11:19 – 00:10:29:08
Victoria
We do investor calls for the good, the bad and the between where we the delays in the distribution, we let them know and we kind of give them the real picture of what’s going on. And I love the transparency because yeah it’s critical.
00:10:29:10 – 00:10:45:02
Rod
Yeah, yeah. No, that’s, that’s critical. You have to do that. You have to you have to show the good bad. It doesn’t matter, but you have to be immediate with that, with that communication. So that’s super, super smart. Let me ask you this. What’s some of the best advice that you’ve ever received.
00:10:45:03 – 00:10:58:18
Victoria
To stay true to your core and that, you know, although people may change but know who the people that you can trust for the long haul?
00:10:58:20 – 00:10:59:16
Rod
Yeah, that’s good.
00:10:59:18 – 00:11:22:20
Victoria
It’s good because in good and in bad times, people will show their true colors. But, you know, you give them grace, but you will know and identify the real people who will be there for you in the long haul, may be in the operators or in the investor side, because some people will start questioning you. But, you know, as long as you know your stuff, you’ll be you’re not hiding anything.
00:11:22:20 – 00:11:41:22
Victoria
It is what it is. The the climate of some of the speed bumps that you’ve mentioned. I mean, everywhere, even even the best deals and the best team are experiencing some speed bumps right now. And it it matters on how the team are dealing with it together.
00:11:42:00 – 00:11:57:03
Mark
Well, you’ve talked about operators, ERS and investing in people. And I know you’ve mentioned something that a lot of people have mentioned on the podcast. You can you can learn a lot through passive investing. What are some of those learning lessons that you’ve gotten from being a passive investor and LP and some other deals?
00:11:57:07 – 00:12:18:09
Victoria
Oh, the beauty of really just sit back and let your money grow for you. I am a passive slash active investors would way more single family and it’s a lot of work but being an LP passive investor you’re you’re earning while you’re sleeping man.
00:12:18:11 – 00:12:41:22
Rod
Yeah that’s a way to multiply your money for sure. It’s a fantastic way. And you know, I don’t know that very many other assets that that offer this, you know, the security and the and the returns that multifamily real estate offer. So let me ask you this, Victoria. How did you get over your fear of taking down that first deal?
00:12:42:01 – 00:12:46:06
Rod
Because it was scary, I’m sure. How what was the purchase price? Just start. Let’s start there.
00:12:46:08 – 00:12:47:22
Victoria
I think it was 7 million.
00:12:48:00 – 00:12:54:18
Rod
7 million. Okay. That’s a lot of zeros. So how did you get over the fear of getting involved in that deal? Talk about that a little bit.
00:12:54:21 – 00:13:33:09
Victoria
I think it wasn’t more of a fear, but it was more of offering something to my investors, an opportunity to grow. It was more like giving them a happy pill because I invested in that deal to and, you know, hey, I’m offering you something that we can grow together. And I just tried and tap friends and now the friends of friends who invested and I get to educate on what are the ways to diversify their income.
00:13:33:11 – 00:13:35:13
Rod
Mm hmm. Yeah. Yeah. Okay.
00:13:35:15 – 00:13:45:15
Mark
How did you even get in to that that deal to even become someone who could do could raise capital? Was it through the warrior group? Was it through your network? How did you get into that deal?
00:13:45:17 – 00:14:04:01
Victoria
It was definitely through the warrior group because there was no other way for me to get started because, you know, being a part of the community that shared the same values. And it’s a small I mean, it’s a small in the sense it is actually a large community, but it is it’s small in the way that we get to know each other.
00:14:04:03 – 00:14:29:23
Victoria
I get to know, you know, their track. I get to know majority of the people and I, I know who to follow. And we’ve got opportunities to network virtually or in bootcamps, you know, from from Orlando. I joined the Denver the following year just to continue staying connected. Oh, you went.
00:14:29:23 – 00:14:32:21
Rod
To Denver, too. Good for you. Yes. Fantastic.
00:14:32:23 – 00:14:42:21
Victoria
I wanted to stay on track with the people that I connect with. And I got to know the members of the network because it becomes your family and extended family at some point.
00:14:42:21 – 00:15:00:15
Rod
Yeah. Yeah. That’s a good way to describe it. I don’t know if you’re going to be able to make the bootcamp coming up here in 30 days, but we’ve got Orlando again, you know, and this this will come out before then. And then of course, we’ve got our warrior only event in Phenix in November, which should be our largest warrior only event because we can hold more people than we could here in Sarasota.
00:15:00:15 – 00:15:18:03
Rod
We always sold out with 300 people here for this Sarasota warrior event, but we’re doing one on the West Coast this time. So let me say this. If you’re considering possibly getting some guidance, you know, so you can experience the life you’re wanting this year rather than later, or maybe you just thought you could be more effective with really just doing it now.
00:15:18:03 – 00:15:37:03
Rod
Like like Victoria said, you know, text the word crush to seven two, three, four, five to see if the Warrior program might be able to help you overcome that or any other challenges with taking action so that you can accomplish, you know, what you want with lifetime cash flow. That’s how this works. And, you know, and so that’s what you do is you text the word crush to apply.
00:15:37:03 – 00:15:46:18
Rod
7227234, five. And and you will, I promise you, you will leave that call better than when you went on it. Because we add a ton of value whether we work together or not.
00:15:46:20 – 00:16:16:16
Victoria
So joining the Warrior program has taught me to be really strongly convicted in pursuing my vision Board two for it was just like a bucket list, you know. But then somewhere in that three day program it sparked in me that, yeah, I can actually put up a mission board and one of which actually we just accomplished because I told myself that I want to go travel with my family.
00:16:16:18 – 00:16:50:19
Victoria
And after getting through deals, I realized that I think we can afford it already because I’m earning extra income. And I just brought my whole family, including my two sets of parents, desperate stands and our parents. We went to Europe. And to me that was really a that’s awesome. It’s also this like, you know, it’s not just about massive deals or doors and massive money, but it’s actually realizing that you’re in this.
00:16:50:23 – 00:16:58:01
Victoria
And it’s it’s a process of getting there. And one by one it’s coming to light.
00:16:58:03 – 00:17:18:09
Rod
Now and oh, that’s so beautiful, so beautiful that you got to take your parents to. I can tell you, that was so rewarding for me. The time I took, you know, Tiffany’s parents and my parents on on cruises. We took them on a couple of cruises and just had a phenomenal time. And it’s just so rewarding when you’re able to do something like that.
00:17:18:11 – 00:17:28:18
Rod
So thank you for sharing that. That’s absolutely beautiful. So here’s a question for you, Victoria. What words of wisdom would you share with aspiring commercial real estate investors?
00:17:28:23 – 00:17:49:13
Victoria
So coming from the health care industry, we know that we’re evidence based. We want to see the evidence before you kind of like have to unlearn some part of it, because, yes, you get to know the people that you can trust with. You’ve got to educate yourself and just do it.
00:17:49:14 – 00:18:09:01
Rod
That is so powerful because that’s so, so many people need to see the whole road. They need to see it. And and what a great definition or description you just gave, because you’re right, everything you do is based on evidence. But if you moved into this business and you want to see evidence, you’re not going to see it until you actually take action and do something.
00:18:09:01 – 00:18:24:01
Rod
So what a great parallel. I love that description because, you know, we get so many people that are, you know, analytical and they have to check off every box before they make a move as well. So we get that dynamic as well. But I love watch those. Beautiful loved it.
00:18:24:01 – 00:18:26:14
Victoria
Because that was me. Right before the warrior.
00:18:26:16 – 00:18:49:12
Rod
Yeah, Yeah, I get it. I get it. And, you know, that’s the hardest part. And, you know, is is convincing someone that’s analytical just to take that first step and recognize the next step will be revealed. And you’re not going to see the whole journey. And that’s okay. You know, like Dr. Martin Luther King said, you take that first step and faith and then you see the next step and the staircase reveals itself.
00:18:49:12 – 00:19:01:19
Victoria
And and just like any other profession, when you invest in your advance education, investing into educating before jumping into commercial real estate is worth the investment.
00:19:01:19 – 00:19:12:08
Mark
So once you did do that, you took that first step, you educated. What were some things that surprised you that maybe you didn’t expect First going into this business.
00:19:12:10 – 00:19:34:17
Victoria
There was so much to learn, so much to unpack, but then you realized that you don’t have to do it yourself. There’s a team. There’s a team that are experts in underwriting, there’s a team and experts in deal sourcing so you don’t have to do it yourself, just like what we’re doing in our single family and that’s way.
00:19:34:17 – 00:19:41:15
Victoria
And that is why when you want to scale up and when you want to grow, you have to do it in a with a team.
00:19:41:17 – 00:19:59:10
Rod
Well, that’s a beautiful thing about this business. Beautiful thing about a program like the Warrior Program as well. And again, guys, you can go do this on your own. You just got to go find people that are doing this and connect with them. But, you know, it certainly is certainly easy in our program. And if you haven’t signed up for a freakin boot camp, get your butt to my boot camp.
00:19:59:16 – 00:20:08:12
Rod
If you do me on any social, you can come for $197 for three days of training. It’s not a big sales pitch, is it? Is that a good investment, Victoria?
00:20:08:17 – 00:20:22:10
Victoria
Yes, and I know, Rob, you’re a giver. You don’t have this, but I think it’s embedded in you. The beauty of educating people because we find joy in sharing the good news. Basically.
00:20:22:10 – 00:20:40:04
Rod
Yeah, no question. Let me ask you this. When you were just getting going, how did you get what did you do about self-talk? What did you do about these questions and fears that you kept, you know, before you actually took the plunge and got into this?
00:20:40:06 – 00:21:07:16
Victoria
I think it’s the reality that, you know, stop comparing yourself to others and comparison trap, right? We have our own family dynamics, you know, and we’re into Generation X that I have aging parents to take care of and I have a growing active kids to take care of as well. And a profession that is sort of like a calling.
00:21:07:18 – 00:21:38:08
Victoria
So knowing and finding yourself and keeping yourself grounded. And I’ve I kind of I compare myself as as as a turtle in this journey. It’s it’s not a sprint, but I’m gaining traction. And I like it because, you know, I don’t want to think of it that I’m super investing in this and I’m forgetting my family. So it is finding that balance and each is different.
00:21:38:10 – 00:22:00:16
Victoria
I mean, and like I said, that’s the beauty of this business because if you’re like in your sixties and you want to be aggressive or if you want to be in your twenties and thirties and you want to be aggressive, that’s totally fine. That’s totally fine. But when you’re in the middle of it and there’s so many things that you are responsible and have a lot of things to do on your plate, that’s also fine.
00:22:00:16 – 00:22:04:14
Victoria
It’s finding your niche in every season of your life.
00:22:04:16 – 00:22:06:07
Rod
What? How old are your children?
00:22:06:07 – 00:22:14:22
Victoria
Victoria My eldest is turning 27, middle child is 17 and I have an 11 year old.
00:22:15:00 – 00:22:35:18
Rod
Wow. Wow. Your hands are still full. Wow. And you’re still doing this on the side with a full time, very consuming job. And nursing is very consuming. And again, I just I want to salute you because it just speaks to your heart and maintaining and so glad you talked about balance. You know, we I talk about that a lot in the Warrior program and at our at my boot camps.
00:22:35:18 – 00:22:52:18
Rod
This is maintaining that balance. It’s not just about the financial success. It’s about, you know, being successful in all the aspects of your life, your relationships, your spiritual health, your, you know, your health in general, you know, your emotions and so on and so forth. So, you know, so let me ask you this. I may be one of the last question.
00:22:52:18 – 00:22:54:15
Rod
So what are you proudest of?
00:22:54:15 – 00:23:19:12
Victoria
I’m proudest when, you know, when we went to that travel in Europe, yeah, it was a teaching moment for my kids to say that I’ve dreamt for days and it’s happening right before us. And this is a testament that I’m teaching you that if you put yourself and your heart into it, everything is achievable. And just I just showed them how I did it.
00:23:19:18 – 00:23:34:14
Victoria
You know, I work hard. We have passive income and we have stayed the course on the goals that we want to achieve. We prepared for this and it was such a special moment for the kids. They hugged me and thank me at the end of.
00:23:34:16 – 00:23:44:20
Rod
It was beautiful and that’s beautiful. And here you are with your vision board. You’re on the largest commercial real estate podcast in the world because of your success in taking action and making things happen.
00:23:44:22 – 00:23:46:06
Victoria
Thank you for you.
00:23:46:08 – 00:24:07:07
Rod
Thank you. So glad, so glad to have you here. Well, I appreciate you coming on. This has been really, really nice. And I’m sorry we didn’t get to see Jasper. Please give him my regards and and, you know, I look forward to seeing you either in September in Orlando or Phenix in November and giving you a hug.
00:24:07:08 – 00:24:08:17
Victoria
Looking forward. Thank you.
00:24:08:18 – 00:24:12:06
Rod
Are all right, Marcus. Mark. I’ll see you later, buddy. I’ll take care.
