Pualena chats with two phenomenal women, Rachel Grunn and Andrea Cwik. They are nationally recognized real estate investment experts who aim to educate and empower people to multiply their money and unlock their financial legacy. Rachel and Andrea share how they met, started their podcast and business together, and made multifamily real estate investing work for them and their investors.
Rachel and Andrea also geek out with Pua on business tips, how to effectively work with a VA, the cool apps they enjoy, and a little about how their partnership works. If you’ve ever been curious about how to run a business and collaborate meaningfully with a partner, this episode has gems of wisdom for you!
About Guests:
Rachel Grunn
Rachel Grunn is a seasoned real estate investor and syndicator and is the co-founder of Third Coast Capital. Her portfolio has included large multifamily assets, residential rentals, fix and flips, commercial real estate funds, and mobile home parks. In the past few years, she has traded nearly $100M in commercial and residential real estate. While Rachel is passionate about ensuring the success of every acquisition for her loyal investors, her biggest "why" is her family – 3 month old daughter, Willow, and husband, Dylan.
Andrea Cwik
Andrea Cwik, cofounder and managing partner of BigShine Capital, is a full time real estate investor with ownership in nearly 1,000 multi-family units and over $180M in assets. She is also a single-family real estate flipper, a short-term rental host and a landlord. If there's one thing she’s obsessed with it's using finances to fulfill her purpose. Her passion is to show everyday investors how they can build wealth through commercial real estate. Andrea is also a mom to three amazing young boys and a wife to the best human on the planet.
Resources:
GoodGood Investing podcast
Enneagram test
Smart Mic Plus App
Go High Level
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Pua Pakele - Pualena Digital Design: website | facebook | instagram | linkedin
Rachel Grunn and Andrea Cwik: website | podcast | youtube
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Transcript:
Rachel 0:00
Even with male partnerships, I think there should never be a fight. Because if you're truly leaving ego at the door, then you are receiving what your partner says in love. And you're considering it right and you sit with it thoughtfully and think, yeah, you know what? I could do better.
Intro 0:16
Welcome, welcome to the Course Creators Academy podcast, with digital design and course creation expert, Pualena. Tune in for strategies on how you can use online courses to grow your business. You'll hear how impact-driven entrepreneurs are using online courses to transform lives. Now, let's get started. Here's your host, Pualena.
Pualena 0:41
Today on the podcast, we have two phenomenal women, Rachel Grunn, and Andrea Cwik. They are nationally recognized real estate investment experts on a mission to educate and empower people to multiply their money and unlock their financial legacy. We dive into how they do this through the business that they've created together. And then we geek out on some business tips, cool apps that they enjoy, and a little bit about how their partnership works. And it's just a really, really fun and inspiring episode. So without further ado, here we go. Okay, Rachel, Andrea, welcome to the podcast. I'm so grateful to have you here.
Andrea and Rachel 1:31
Thank you for inviting us, yeah.
Pualena 1:33
Amazing. Well, we just had a super fun pre-recording chat. And so we're pumped, we're ready to go. And I'm going to toss it right over to you. I would love for you both to share. By the way. I love that there's two of you. It's like, it's bringing back so many fun, like Co-hosting podcast vibes from a podcast I had before. So I'm all smiles today. So yeah, I would love for you to introduce yourself to share your stories, how you met, how you got to doing what you do, all that juicy stuff?
Rachel 2:03
Oh, gosh, yeah. Well, I can start with where I come from and how I got here. I'll spare you the boring details. But the short story is, I'm born and raised in Dallas, Texas, which is where we live now. And I was homeschooled growing up. So I grew up in like a real estate family. So I was like scraping tiles and peeling back backsplash off. And I mean, I'm sure there's like some child labor law against that. Hopefully, the statute of limitations has expired, and I'm not incriminating my mother, but it taught me a lot, okay. They didn't have to pay contractors, they just use their six and seven years old. So I'm kidding. But no, it taught me so much. And I just got hooked. And then I actually have a very long career in high fashion modeling, which took me all over the world at a young age. So around 20 years old, I had disposable income. And so I was using that to invest in real estate because it's what I knew. And then my mom about seven years ago found out about commercial real estate as an investment in like the passive side of real estate investing. So instead of doing flips, and being a landlord, she was investing passively and making even better returns. So that kind of blew my mind, changed my life in a nutshell. And so that's what I do full-time now. And Andrea, and I, I'll let her share her story. But we met at a multifamily networking event, because her husband JJ was in like chefs kiss, impeccably dressed like, to the nines, and my mom was at the event with me and she was like, I'm sorry, you have to be she's talking to her husband. She was like you have to be someone. You are someone important because no one just walks around dressed this great. And he goes, it's my wife, Andrea. She's the one that dresses me. And so we're like, we have to meet Andrea. And so we met obviously, we like have very similar energy. We both live in Dallas, and it was just like boom, fireworks.
Andrea 3:51
Yeah. It was amazing.
Rachel 3:53
What about your story? Where do you come from?
Andrea 3:54
So, my story is no real estate background actually. But I started out in California. That's where I was born in San Francisco. And I grew up, got, you know, educated, got degrees, went and worked corporate in Silicon Valley. I was trying to climb up that corporate ladder. And then my husband and I realized that we had no time for our kids. And so the desires that once were getting out of our degrees changed and shifted because we had kids now. So we really wanted to find more time for our family. And we decided, well, moving out of Silicon Valley was probably you know, something that we should look into. And we came to Dallas and we absolutely loved it. We love the people. People of Dallas shout out, y'all are so nice, so kind.
Rachel 4:51
She's talking about me.
Andrea 4:53
Especially my partner bestie. So yes, we loved it and we moved here to Dallas. Had some disposable income from, you know, moving from California and selling our house. And we had this capital to deploy and didn't really know what to do with it. So it sat in our bank account for like a year. And we're like, we really need to get educated about investing. And so we started off with a flip, because HGTV lover, love all those shows. So we decided like, oh, okay, well, it doesn't look that hard. Well, it was, we had a crookie contractor who didn't know anything and like, took some money, you know. And so there was a lot of–
Pualena 5:37
You’re now seven-year-old Rachel, that was the problem.
Andrea 5:39
I know. Exactly, yeah. And our kids would go and we actually did it in Waco, like Chip and Joanna Gaines. Our kids would be like, Oh, my gosh, another two-hour trip to Waco, you know, and so, we decided that we wanted to explore other parts of real estate. And we just loved the multifamily passive investing part of real estate. One, because we wouldn't have to drag our kids to all of our projects, but two the returns were just a lot better. So we got really heavily invested in multifamily. That's where we met Rachel and her mom at a conference. And yeah, it's just been the greatest partnership ever since.
Pualena 6:27
Oh, my gosh, this is the best story. So do you dress Rachel?
Andrea 6:33
No, you know, she, she knows how to dress, so well.
Rachel 6:37
Listen, I– not for my lack of trying. Okay.
Pualena 6:42
Because you guys both look amazing. That is such an awesome story. And so now you guys have come together, you created, a you've co-founded a business, right?
Andrea 6:52
Yeah, yeah, we started, we co-founded a business. We started a podcast–
Rachel 6:57
–we're writing a book.
Andrea 7:00
Yeah, we're writing a book, which is a surprise to our investors, because they don't even know. We're gonna book this year. Yeah. And then we're just really looking to get the word out on the knowledge that we once didn't know. And we know now and there's just so much opportunity for people to really take hold of their time, and give, give themselves more time freedom. That, you know, not the everyday person knows. And so we just want to share that.
Pualena 7:30
That's brilliant. I love that. And I love the passion and sort of your heart for sharing what you've learned and, and something that made your lives so much better and more, more abundant, but not just financially but time abundance. Right. That's, that's not what we think of as more valuable, but it kind of is, right?
Rachel 7:53
Yeah. You can’t buy it.
Andrea 7:57
Yeah. So, we're both moms, you know, and so now we can educate our kids and learning this other, I guess, you know, another way for them to live another alternative, right? Like, not everyone wants just a normal career. And there's this other option that they'll learn about. So that's pretty cool.
Pualena 8:16
Yeah, let's dig into that for sure. So multifamily passive investing, is that right?
Both (Andrea & Rachel) 8:22
Yeah.
Pualena 8:24
Epic. What is that?
Rachel 8:25
Oh, gosh, in a nutshell, it is, we use a syndication model in real estate. And syndication is a super fancy word for crowdfunding, we are crowdfunding $30 million real estate flips, okay? So we're crowdfunding these huge purchases of these, like 200-unit apartment complexes. And in exchange for the capital that our passive investors bring to the table, they get a piece of equity in the property. So they're getting that tax depreciation benefit, they're getting the benefits of appreciation and cash flow. And then the beautiful thing about it is because there is so much pie to share, that means that they don't have to do any work in order to get all the benefits from a real estate investment. And they are flips, right? We're buying distressed properties, and we're fixing them up, they take longer than a flip because there's tons of units, but it's that same model. So instead of pounding the pavement on a single-family flip, where there's so many things that could go wrong, you're strung out, you're exhausted, fatigued, this is a fantastic alternative to the same thing with less money, and more profit.
Pualena 9:28
Brilliant, that's beautiful. And do you have to have a ton of disposable income to start doing this?
Rachel 9:36
No, no, you don't. If you're thinking about like a flip or maybe a rental property if you're putting down 20% on a rental property, which on a $400,000 property is like around $100,000 or if you're buying a flip, you're probably not going to do it cash because lenders won't lend on a distressed property so you probably need 150-$200,000 liquid to buy the property and also finance the rehab in a small market. With ours, our minimums are 50k. So pretty low barrier to entry. And we don't care about your tax return or your credit score. So that also opens up people that otherwise couldn't buy an investment property to invest in real estate.
Andrea 10:13
Yeah, the, the big huge differential is really like, you can get a loan for a single-family home for a rental, right, but that there's like a debt to income ratio, there's a whole bunch of calculations to see if you actually qualify for the loan. But on multifamily, the general partners that are putting the deals together that are finding the deals, we’re using our credit and our net worth, to buy these large apartment communities. And so then, really like our investors, bring in the capital, as well as we put our own money in as well, but we are buying them together. So everyone's a co-owner of these apartment communities. So it's a really beautiful thing to be able to offer this to multiple people. And I know like my friends in California, they don't have like, you know, a bunch of extra income month to month, right to carry like a rental. Say, if somebody just their lease expires, and they're looking for people, they don't have that extra income to be able to pay the monthly mortgage insurance, property taxes, things that need to get fixed. But do they have maybe something in their 401 K or their retirement funds, that they can diversify from stocks into real estate? They do. And so they can do that through multifamily investing and investing passively with us.
Pualena 11:42
Brilliant. So you guys don't just teach this, but you offer a vehicle for people to actually begin this journey and make it happen.
Both (Andrea & Rachel) 11:52
Exactly. Yeah.
Pualena 11:53
Wow. That is so epic.
Rachel 11:57
Yeah. And, you know, I think like, I think it's not even just like the passive element that that makes it different from single family. It's also how it's valued. I think, like we do, we do a lot of education on our podcast. And for these reasons, because people just don't know about it, and how it's valued, like a single-family home is worth what your neighbor sells for. And in this market, as people are discounting their purchase prices, your home is losing value, the one that you live in, in commercial real estate, it's not based on comps, it's not based on what your neighbor sells for, it’s based on income. And that's it. So it's a formula. And as long as you're keeping rents steady or increasing them and you are lowering your variable expenses, you are increasing the property value. For example, on a on a 200-unit apartment complex, if we were just to increase rent $50, just 50 bucks across all 200 units, we have just increased the value of the property $2.4 million, a $50 rent increase, 2.4 million. If you have a single-family home and you increase the rent $50 a month you make $50 a month extra, and you don't change the value of the property at all. So that is huge, especially as we're heading into a difficult uncertain economic landscape. You want to make sure that the assets that you're investing in are not losing value, based on the economy based on interest rates and stuff like that. You want to make sure that you are mitigating the risk in the market, even the stock market right now. And investing defensively and assets that can withstand a recession.
Pualena 13:25
Brilliant. Hey, if you haven't checked out the, it's called Good Good Investing. Right?
Both (Andrea & Rachel) 13:30
Yeah.
Pualena 13:32
Good Good Investing podcast. What I love about you guys so much is that, A. you're such a blast to listen to you guys are so fun, and just very real. And I think the world of investing and specifically this type of investing is very intimidating for people who don't have prior knowledge, right? Like, oh, that's for the realtors. That's for the you know, financial people. That's not for me. And yet what you say now, right? Like you can invest in a single property and get a, get some benefits, right? That's not the worst thing. But there is a way that we can create massive growth, massive passive income and it's not actually that crazy. With your support with your guidance. And you speak about this in such an approachable and non-judgmental way. Because we don't know what, what we don't know. Until we know right?
Andrea 14:27
Yeah, exactly.
Rachel 14:28
You’re gonna make me cry. You just like summed up our whole mission. And like, 30 seconds.
Andrea 14:31
Yeah, seriously.
Rachel 14:33
Yeah, you're amazing.
Pualena 14:34
You're amazing. I'm just I'm just reflecting what I hear. And what I see. You guys are really incredible. Thank you so much.
Rachel 14:42
Yeah, of course.
Pualena 14:43
Yeah. Let's, let's talk more about sort of, if somebody's listening to this, and they're like, this might just get me out of this. Even if it's just a mindset or the situation that I'm in. I'm very interested in this. Where do I even start? Let's start there.
Andrea 15:00
Yeah, so go to a goodgoodinvesting.com. And it really is just a, it's our website, and it'll launch you to more information about multifamily. And then you can set up a call with us, you can download, we have a good tool on there, that is just so amazing. It'll help you discover your net worth, maybe some capital that you can deploy, you might be richer than you think we call it, because some capital is just sitting in places and you don't even think about, like, oh, that's actually extra money I can be investing with, like we are all about make your money work for you. So you don't have to. So we go through that tool to discover where you have, you know, your finances and what do you need to retire comfortably, and hopefully you can retire early, and then how much you need to invest to reach your retirement goal.
Rachel 15:59
Yeah, we call that our freedom number is, how much money you need to make per year in order to retire from your W2 or 1099. And then your magic number is how much you need to invest to make that freedom number in passive income per year. So that is like, that magic number is like should be your beacon, your guiding light. And for people who feel like, like you said, Pua, I couldn't have said it better. People are intimidated, right? They think that commercial real estate investing is for the Warren Buffett's of the world for the billionaires of the world. And yeah, they those billionaires do take advantage of commercial real estate investing, but it's for you also. And we, we structure our deals to accept anyone. There are some people that offer deals to people and they only accept accredited investors, which are essentially super-rich people. We have structured our deals, it's more paperwork and headache for us. But we do it so we can make it available for anyone. And on our podcast, super short episodes. We just like break down every question you could possibly think of. And we really, really try to make it accessible. So I love that you said that.
Pualena 17:00
Yeah, absolutely. Thank you so much. We will link that in the show notes. And definitely check that out, gang. It's so, I just think this is one of those, you guys are a great alternative to the traditional financial advisor. I think, that's sort of like, right? Not to, not to devalue that industry or, or that service. I just think that this could be an alternative that might yield a little bit higher of a result.
Andrea 17:34
And it doesn’t, it's not usually as up and down as the stock market too, because it's in real estate, we still have an asset, we're buying a value add, right, and then we're increasing the net operating income. It's not that up and down, where you're investing in businesses, that you don't even have control over how they're doing. You know, somebody might say something, and then like, their stock goes down, you know that I mean? They are massively awesome. And the stuff–
Rachel 18:03
I feel like you’re talking about someone in particular. The now-owner of Twitter.
Pualena 18:08
No shade Elon.
Rachel 18:11
My brother works for Tesla and a lot of his pay is like his stock options. And he's like, oh, yeah, he's like, my net worth changes daily. Like, I could not, I could not. But yeah, that the volatility is like, what, that's what you see, and like the market, and you can hit it big if you buy right and sell right, but it's such a gamble. And historically, the stock market has averaged 7% a year, historically, our investments do around 20 to 30% a year. So it's kind of a no-brainer, in my opinion.
Pualena 18:40
Yeah. Absolutely. Well, thank you so much. I'm super stoked. Let's like, if you remember something that you want to share, we can jump back. I do want to dive into just sort of geeky business stuff with you guys. And just personally, I love business partnerships. And I love to just hear you. So I used to have a business partner, and we would go on these podcast tours. And one of the questions I got asked the most that I hated. And so I just want to like shine light on this. I'm not going to ask you, people would always say, Oh, so you guys are two female business partners. Do you ever fight? Like, what is that question even about? So I’m not going to ask you, I'm just gonna like vent that that was a ridiculous question.
Rachel 19:25
Ridiculous.
Pualena 19:27
Right? I do want to ask, like, what is your business partnership? Like, you know, what, what responsibilities do each of you have? And how do you make this work so seamlessly?
Andrea 19:37
Yeah, I mean, thinking back to that first meeting that we had, right, so we had met each other at the workshop. And we already knew, like, our personalities clicked, really well. And then in that first meeting, it was a coffee, you know, date, we got along really well. And it was like, let's start a podcast together. You know, and we just started from there. I think like we didn't know at that moment that we would be great partners, we just kind of were like, let's do it, you know. But now looking back, I'm like, Oh, our partnership is so amazing. And we didn't even know it back then. But like, we fill in each other's gaps and sentences all the time.
Rachel 20:22
All the time.
Andrea 20:23
And it's like, I more take on the role of like, visionary, like, really big ideas. And, and then Rachel is like, amazing at that, but also, like all the details and the execution. And yeah, I don't know what else, you–
Rachel 20:44
No, I- I completely agree. Andrea is such a huge dreamer. And honestly, she pushes me to do bigger and do better. And there's a ton of things that we would not be doing at GoodGood Investing, if it were not for her. So I'm so grateful for her for pushing me outside my comfort zone. Sometimes I can be too much of a realist, but also I do I implement, right, I implement, I strategize that sort of stuff, more micro-level. But also, I think, whenever you are exploring a partnership with someone, it's so important to leave ego at the door. And I think we both feel very free to voice our concerns, opinions, constructive criticism, that sort of thing to each other. And that's like the, like your note about fighting, I think fighting is it's hilarious. People associate that with female partnerships. But even with male partnerships, I think there should never be a fight. Because if you're truly leaving ego at the door, then you are receiving what your partner says in love. And you're considering it, right? And you sit with it thoughtfully and think, yeah, you know what, I could do better? Or you're right, we'd need to figure this out. And I think we both kind of found like a really good rhythm there, which I think has been instrumental in our success.
Andrea 21:54
Yeah, and one of the things that we value is honesty. And we're gonna be communicating out of love, but like, with, with honesty, right? Like, we're not holding things back. We're sharing, you know, if there's concerns, if it's too much of this or too much of that, and we show each other a lot of grace, like, I've gone through some personal things recently. And Rachel has been so supportive, like, I just love our partnership so much, because she's like, you know, oh, don't worry, I'll take care of this, or I'll get on that podcast myself. Like you just go in, you know, do your thing that you're dealing with. And if I didn't have a partnership, I would have to delay my business, right? But then we just fill in each other's gaps. So well.
Rachel 22:46
Yeah. I just love her.
Pualena 22:47
I love it. I could cry. There’s so much trust. You guys have so much. And I feel like it's, it's like a marriage. Like we joked about this before we started recording. I think it's totally true. Like, it is a business partnership can be as, as strong and loving as a marriage because you truly care about each other, not just from a business success standpoint, but from a personal standpoint, because you know that when your partner is happy and healthy and thriving, and feeling really good, you also will feel that way and your business will be happy and thriving and feeling good and serving in a really great way, right?
Andrea 23:27
Yeah, exactly.
Pualena 23:31
Ah, I love it so much. You guys are amazing. Okay, so–
Rachel 23:36
And you get it, you get it having been like in a partnership yourself?
Pualena 23:39
Totally. And I think the same is true for teams, like small businesses. Of course, this is a little bit easier. But I've seen large businesses also nurture teams in the same way where like, you want to nurture trust and a level of love that is appropriately professional, but also genuine, right?
Andrea 23:58
Yeah. We haven't even done the Ennea..? Well, you've done the Enneagram test.
Rachel 24:04
Enneagram, yeah And what did you call it enyagram?
Andrea 24:11
I have not done it. But we need to do those personality tests. But I think if we, if we did, right, we would be like, yeah, it would go well together.
Pualena 24:21
Right. horoscopes all that thing?
Rachel 24:25
Yeah. Exactly. Yeah.
Pualena 24:27
Awesome. Well, the nerd in me also wants to ask business owners all the time, what apps and what tech do you love to use to keep your business running and you know, task management calendars? Lay on me?
Andrea 24:41
Okay, so I have I have a fun one. Okay. When you do like a story, you know, they always have those filters on all of these apps. But I discovered smart mic plus, which is a filtered video that we use a lot for our YouTube, you know, because we record our podcasts also for YouTube. So that app, you don't even need, it's free. You don't need anything. It's actually meant for a microphone that Amazon sells. We don't even have that microphone. But we've been able to use that app. And let me tell you, the that filter is so on point–
Rachel 25:24
Makes your lighting look good and make everything just look–
Andrea 25:26
–so smart. Mic app. Wait, smart mic Plus app? Yeah.
Rachel 25:31
And then tell her about the CRM.
Andrea 25:32
Oh, yeah, the CRM, okay. Oh, I feel like I should also send you a link to, I have a link for you because we have the best tool and maybe y'all haven't even heard of it. Okay. So we have a platform that, we can work on our website. So it hosts the website, we can do all of our updates. You can have a sales funnel within this tool, you can do the CRM.
Rachel 25:59
You can write email campaigns.
Andrea 26:00
You can write email campaigns, you can do texting, you can do surveys, you can do email sequences. I said email campaigns. Social. Yeah.
Rachel 26:12
It's like a one-stop shop.
Andrea 26:13
It's a one-stop shop: one user ID, one password, all within this amazing platform.
Pualena 26:24
What is the first letter? I want to guess.
Andrea 26:25
G
Pualena 26:26
Go high level?
Andrea 26:27
Yes.
Pualena 26:28
Oh, oh, my God.
Rachel 26:30
You're good
Pualena 26:31
Universe. I hear you.
Andrea 26:35
Have you been considering it?
Pualena 26:37
So I was introduced to it a few months ago, I didn't even really think anything of it. I mean, I am. As a designer, like everything I create is a work of art that I don't ever want to let go of. So switching platforms is really hard for me for just that reason. I'm like a hoarder. And it's a bit, I've heard this platform has like, repetitively come into my life in the last two weeks, like twice a day. Okay, I hear you. And you can run ads through it. You can manage your ads, right?
Andrea 27:07
Yes, there's like even things that we haven't discovered yet. But we love it. I mean, it's so easy to use still. So if you need a referral, link, I got you.
Pualena 27:20
Yes. Send us your affiliate link. We’ll put it in the comments, or in the in the show notes. Yes. Oh my gosh, okay.
Rachel 27:27
That’s awesome. And then, of course, like, we've utilized VAs in the past, which we love, they're just awesome and make our process so smooth. And they're cost-effective. And like I encourage any up-and-coming business owner, even if you're a seasoned business owner to leverage a VA, because there's so many mundane, monotonous, repetitive tasks that end up eating into your actual productive workflow. So being able to delegate those tasks is, I think, a no-brainer when you're trying to scale.
Andrea 28:00
And like, the ones that we've gotten were from overseas, and they are so knowledgeable, and it's like, $5 an hour. I mean very, very affordable. So we love them. Do you use do you use a VA?
Pualena 28:19
Yeah, we have a small team with two overseas VAs, one US-based VA, and then I have an OBM, and I'm curious. So my issue is, they're amazing. And I don't use them nearly enough. Because outsourcing to keep I get like two, two big blocks. One, I think I'm like, like the control of doing it myself. And I gotta let that go. And I feel bad. Like, oh, I could really just do this myself. I don't want to bother them when like, hello, they want to make money. They, they want the work, right? So do you guys does that happen to you guys at all?
Andrea 28:59
So, um, the way that I just pay on salary, so I just do like 40 hours at the $5 an hour, and just send them like everything. But training is key. That's the thing. My friend Jenny just is amazing at managing her VA she has like a checklist daily checklist of everything. Then they communicate through that checklist with notes. Also, hers is like very organized. I hope to be there someday. But for now I just kind of throw stuff at them all the time. So yeah.
Rachel 29:40
I don't have an issue delegating, unfortunately. I love it. I love it. I love it. I mean you, you check everything right before they send out an email, you have to proofread it, that kind of stuff. But yeah, but I can understand how someone would have issue like giving up control because it feels like a reflection of you and your business.
Pualena 29:57
Totally. And like most of the time they're better at everything that I am anyway, so I just need to remember that.
Andrea 30:04
If you train them well, yeah, right?
Pualena 30:07
Training and communication.
Andrea 30:10
For sure. Key for sure. Yeah.
Pualena 30:12
Brilliant. Oh my gosh, amazing. Is there anything that we didn't touch on that you're like, please ask me this?
Rachel 30:20
Oh, you know what, we always get the question, how did we come up with the name? Good Good. We can tell you that.
Pualena 30:27
Yes, I'd love to hear.
Andrea 30:32
Yeah. So “Good” is for we're doing good for our investors, and, you know, helping them build their wealth so that hopefully they will, you know, then build a community build, you know, better, and give back to wherever they, you know, see fit. And then also the other “Good” is for our apartment communities and making those better, because we want to not only just focus on making profit, but also making our apartment communities a better place to live.
Rachel 31:02
Yeah, I think giving back to our communities and giving pride of ownership to our attendance is, is a huge part of our business as well. So if we can make money while doing that, it's just a win-win. It's Good Good.
Pualena 31:13
It's Good Good. Oh, my gosh, I love that so much. I, I feel like any, any business and business owner that can weave in some sort of community aspect or philanthropic aspect. And if somebody's listening, you're like, Oh, crap, I don't do that. I'm such a bad person. You're not a bad person. It's, it's something that we intentionally have. I think everybody kind of wants to, and it's just intentionally weaving that in. So I love that you do that. And yeah, thank you for the work that you do. It's beautiful. You empower people who may never actually think that this is something that's possible for them. You make it a reality for, quote, unquote, the normal people of the world, who aren't these big, famous, rich people. And we all get to be big, famous, rich people when we work with you. Right?
Rachel 32:04
Exactly. Exactly. That's the goal. So it's, it's just, we tell people all the time that the best time to start investing was probably 10 years ago. But the second best time is today. And instead of getting into a cycle of analysis, paralysis, you can educate yourself all day long for the rest of your life, but never take action. So that I think the most important thing to do is once you feel confident and excited to take action, because the you in five years will thank you today for all that you're doing to make a difference.
Pualena 32:36
Better, for sure. I'm sure people are listening to this and they're like, I'm feeling excited. So act on that excitement. Go ahead and visit their website. Listen to their podcast. You will not regret it. These girls are amazing. These women are amazing. And yeah, thank you so much for spending time here today. I'd love to do it again. If you're down.
Both 32:57
Yes, Yeah!
Rachel 32:58
Thank you, Pua. Anytime.
Andrea 33:02
Anytime. This felt like just catching up with an old friends. Yeah. Yeah.
Pualena 33:04
No, I can't wait to see what happens when we, when we hit stop. Should we just keep recording and see, no, I’m just kidding.
Rachel 33:09
I don't want to scare your listeners.
Pualena 33:12
Well, we'll save that for round two.
Rachel 33:15
Sounds good.
Pualena 33:16
Amazing. Thank you both so much for being here.
Rachel 33:19
Thanks, Pua.
Andrea 33:20
Thank you. Bye.
Outro 33:22
Thanks for joining us for another episode of the Course Creators Academy podcast. Join the conversation in the Course Creators Clubhouse on Facebook. And if you love this podcast, don't forget to subscribe and share the love with a five-star review, and tag us on Instagram @pualena.co, for a shout-out on the next episode. And be sure to visit pualena.com, for more info. Thanks again for listening.