My guest today is Paige Panzarello. Paige is the “Cashflow Chick”. Having been a Real Estate investor and entrepreneur for over 20 years, Paige has had experience in many different forms of real estate investing and is an expert in her field. She currently focuses on Non-Performing Notes that she purchases all across the United States. Paige teaches a Note class that drills down into the details of how to buy non-performing notes, what to look for, due diligence to perform, and how to mitigate risk.
Having experienced the hardship of economic downturn, and what she calls “a very difficult learning experience”, Paige knows first-hand how “life can happen” to everyone. Her company, Coal to Cash Homebuyers, Inc. was founded to help people in distress. She lives by the motto, “People first, profit second.”
Paige is driven to help educate people on the importance of passive income, deal evaluation, money and debt management, and how to review a profit and loss and balance sheet. She wants everyone to elevate their situation and become free of dependence, so that when “life happens”, they will be ready, not broken. In order to do this Paige hosts Robert Kiyosaki’s “Cashflow” game monthly for free. Paige says, “This is such a vital part of our “Life” education that is too often missed in formal education. I love to see the “lightbulb come on” and the excitement of doing a creative deal, when one of my group members has that epiphany or makes that great deal happen.” Several of her attendees have taken their education and actually applied it to their real life by investing in various different forms of real estate that provide passive income.
Real Estate investing is a “Team Sport. She believes that everyone can, and should, invest in real estate: whether for your own portfolio, as a Private Money Lender, or as a Joint Venture Partner. She teaches her students, JV partners, and Private Money Lenders not to settle for 2%, 3% or 4% returns.