23: Kendra Barnes on Turning Her $50K Mistake into Real Estate Mastery

[BACKFLIP] Struggling with property data and financing? Discover Backflip—the all-in-one platform that instantly analyzes properties, pulls high-quality comps, and provides fast evaluations. Plus, apply for loans directly through the app and get help choosing the right investment strategy. Transform your real estate investing today! Click HERE to download the Backflip app.  Are you thinking about starting a short term or mid term rental? I have a free download for you- 10 Things you must do before before you host your first Airbnb guest. 10 Things To Do Before You Host Your First Airbnb Guest – Owning It & Living It In this episode, we’re joined by full-time real estate investor Kendra Barnes, founder of The Key Resource, for a powerful conversation on redefining success and creating generational wealth through real estate. Kendra takes us behind the scenes of her journey, from playing the CASHFLOW game to becoming a full-time investor. She reveals the pivotal moment that sparked her passion for real estate and the hard-earned lessons she learned from costly mistakes. KEY POINTS: - How Erika and Kendra met  - How CASHFLOW game influenced Kendra into real estate  - The value of learning about real estate education  - Challenges and mistakes in early investments  - The pivotal role of surrounding yourself with the right people  - Different rental strategies and new investors to set financial goals - Is real estate a passive income?  - The importance of starting with a manageable property  - A preview to ACRES book by Kendra Barnes  - What does owning and living mean to Kendra?  QUOTES: “People don't realize how much their environment shapes their mindset. It's one of those things where we just exist and we live; and we don't realize what we're like, what we're taking in [and] how much it influences our behavior, our belief, process, and everything.” - Erika Brown “Make sure that you're getting into real estate for you, and not because you saw this podcast and because I said it's amazing. Such a big part of the journey is making sure you're doing it, and setting a goal [that] is good for you.” –  Kendra Barnes GUEST RESOURCES:  Kendra Barnes - @thekeyresource  IG | @thekeyresource  [ORDER NOW!] Grab your copy of ACRES by Kendra Barnes — and learn more about the changing narrative around Black wealth in America at https://getyouracres.com/.  RESOURCES:  [BACKFLIP] Struggling with property data and financing? Discover Backflip—the all-in-one platform that instantly analyzes properties, pulls high-quality comps, and provides fast evaluations. Plus, apply for loans directly through the app and get help choosing the right investment strategy. Transform your real estate investing today! Click HERE to download the Backflip app.  [OILI EXPERIENCE] Use code PODCAST10 to get 10% off your ticket to the Owning It and Living It Experience, November 1-3 in Atlanta, Georgia! Don’t miss out on learning from top industry experts like Henry Washington, Kendra Barnes, Jackie and Preston Perry, Lecrae Moore, and more. Plus, I'm giving away a fully renovated house—this year only! No virtual tickets—be in the room to level up your real estate game and immerse yourself in a unique blend of culture and knowledge. Click HERE to get your ticket.  [FREE CONSULTATION] Looking to buy, sell, or invest in real estate in Atlanta? My team of expert, investor-friendly agents is here to help! Book a free 15-minute consultation with one of my agents today, and let’s figure out your next move together. [FB GROUP] Loving the podcast and want to connect with me and our incredible guests? Join the Owning It and Living It Facebook group! It’s your go-to spot for real estate tips, advice, and a supportive community of investors just like you. Join us today and let's take your real estate journey to the next level.  Erika Brown IG: @erikabrowninvestor LinkedIn: @erika brown Wealth Within Reach is produced by EPYC Media Network