INVEST IN REAL ESTATE

from Resilient Women Magazine September 2022

HOW EMPOWERED WOMEN

RESILIENT WOMEN MAGAZINE

INVEST IN REAL ESTATE AND ADD COMMAS TO YOUR BANK ACCOUNT

Catherine Bell is a radio show host and a financial Jedi master. Catherine Bell collapses timelines and adds commas to bank accounts.

As a hedge fund owner, Titan Impact Group Catherine has taken a stand in a male dominated industry and is a signal of the American dream. And with the purpose of leaving every perfect person, property and community better than she found them

She creates wealth for her team and investors. Catherine's values family above all as a result of being adopted at the age of 16. Catherine's mission in life is to get 350,000 adoptable children in the U.S. foster care system adopted by loving families within her timeline.

Catherine Bell Award-winning entrepreneur, business leader, and best-selling business author.

RESILIENT WOMEN MAGAZINE

Kim: Catherine, share with us a little bit of who you are.

I'm a radio show host. I'm an investor, a woman, a mom, a widow. Single mom of teenagers. I was adopted. I adopted. There's so many things we are as women. My purpose in life is to aid people in their financial endeavours, and allowing them to see their financial stability grow.

And I absolutely love what you are doing with this resilient series, because anything worth creating or having in the world requires us to be resilient. Any time that we have big goals, or big dreams, we go out there and the reality is we're going to fail. But it's not about failure. It's about how fast we bounce back, get up, and find a way to do it better.

Kim: Let's talk a bit about your very unique business model at titan impact group; ‘to leave every piece of property community better than you found them’. That really speaks to me.

So I started being a real estate investor over 20 years ago, and I went through and you know, did the buy and hold and discovered I don't like tenants and toilets and ended up doing about 500 fix and flip we actually had a little TV show called The Flipping Female then I started my hedge fund and we did vacation rentals. Turns out I don't like guests in toilets either. So that's when I started being a real estate investor.

My very first real estate investing mentor said this to me once; “In a real estate investing transaction you can be the buyer, the seller, the realtor, the title company, contractor, or subcontractor. And he said “which of those positions is most secure? The bank." And then my curious brain asked, well how do I become the bank?

So the Titan Impact Group is the bank. What we do is we hold mortgages on people. So here's what people don't understand about the banking industry: banks are in the lending business; they're not in the real estate business. So what happens is a couple of things. One, banks are only allowed to lend out a certain percentage of the deposits that they have in the bank. So in order for them to lend out more money, they have to actually sell those. They're called notes.

Second thing is if for whatever reason, especially through COVID, right, a lot of people got hit so hard that they weren't able to continue paying their mortgage for whatever reason. So banks, because they're not in the real estate business, don't have the systems and structures and team and capabilities set up to go back and rework with these families to get them back on track.

The main thing we do is, we partner with those banks, buy those mortgages; called non-performing notes, and we match them up with an investor prenup. Our team goes to work with these families and get them back on track, and help them keep their homes.

One of the worst things you can do to a neighborhood is leave empty houses. So if we can help keep that all intact, that's how we're leaving every person, property and community better than we found them.

When it comes to women in the home owner and real estate investment industry, there is this commonly held idea that a woman's investment is not as safe as that of a man’s. So when it comes to statistics, small business, and other startup loans only 3% of these end up being offered to women, and if you're a woman of colour, there is less than a 1% chance of you getting the money you need. In other words, 97% of these funding opportunities are going to males.

Where is a woman who isn't in the position of purchasing a property herself to go? My question for you is,

Kim: Is there an opportunity where she can still build wealth through real estate investment?

RESILIENT WOMEN MAGAZINE

I have studied so many millionaires. And I ask them the tough questions because I'm always looking for things like success leads, clues; so I can find a common thread between all of them. A couple of things that I've learned over all these decades is that every single millionaire or billionaire has some part of real estate in their portfolio.

The second thing is, the average millionaire has seven streams of passive income. Now, I did not grow up with the silver spoon in my mouth, but I was able to learn this. And if I can learn this, anybody can learn this.

When my husband of 20 years died unexpectedly, I was able to take a year with my kids to just heal and readjust, all thanks to the passive income I had accumulated. And so I wrote a book. The book is called Using Your Self-Directed IRA to Buy Real Estate. You can get it on my website.

And so in that book, I literally walk people through how our team can help them set up a self-directed IRA. So it's a self-directed IRA, like a 401 K, but it is now fully controlled by you as the investor. And you can use that for tax benefits, taxable adages. It's way simpler than what they realize. And they use that to turn around and build passive streams of income. If you have a 401 K in a job that you're no longer with, you can pull that over into a self-directed IRA with no financial consequences. And now you are 100% in control of your retirement fund, and that starts giving you passive streams of income. So now you are now setting yourself up to start building those seven streams of income to take care of you, your future, your family.

Kim: Let's talk about, real quick, interest rates. Because a lot of people are running scared right now. And I understand inflation is scary; we are seeing the highest rates since 1981. So the reality is, if we're looking at inflation with our current mortgage rates, the average person needs to find an additional $500 a month. What are your thoughts on these rates, and how can the people deal with them?

Here's what I can tell you based on economics, is that everything is cyclical. All real estate, all economies, they're all cyclical. So even if you do buy a house right now at whatever the interest rate is, just know, eventually the interest rates are going to come back down.

There is a way for you to be able to get in, and plan for the future, to be able to save money and build equity inside of whatever that real estate is. Because what do we know for sure? We know that real estate equity over time always goes up, right? Proven. So the worst thing you can do is wait for the right time. It's like waiting for the right time to have a baby. So stop waiting and just get into action, and there's multiple ways that you can turn it around.

I want to create a hypothetical person for you, She is between the ages of 38 and 45. She is part of the great resignation that we are seeing. She's coming out of corporate America, she's launching her own business. She's either single or has no ex. And she really wants to have some sort of equity held within real estate anywhere in the United States.

Kim: What are the top three pieces of advice you would give to this person?

Get yourself educated inside of real estate. Just like what I did, I went down the journey and played all the different roles and figured out what I liked and what I didn't like. Figure out what works, what doesn't work and keep moving on. But learn, learn, learn, learn, learn, learn. And you're eventually going to figure it out. Which leads me to my quote. I always say: ‘if it's your genius, it's your job.’ You just need to find your genius.

I ended up starting a financial firm family mastermind at my kitchen table for my teenagers, in order to teach them how to set up investing accounts, etc. My advice is that every little bit counts. Every little step counts. After one year, the entire family that had come to my kitchen table; my kids, fiance and his family, and they had earned more than $100,000 collectively, and they invested over $50,000 collectively as a family.

My last piece of advice would be; ‘respect yourself enough to believe that you’re the one here to make

RESILIENT WOMEN MAGAZINE

that difference.’ Do not let the world that has been built around creating opportunity for men hold you back; you are capable.

Kim: Why are you doing this? Why go to the trouble to help others with their financial stability?

Being in foster care from such a young age, there were also an extraordinary number of adults and families that I did have the opportunity to be taken care of by and I got to experience and see different families and different lifestyles of what worked, and what didn't work. I am the woman I am today because of my adopted parents; they selflessly gave themselves to me and showed me more love than I can describe with words.

And when it comes to being widowed, and raising my kids alone, I had the strength to tell myself to get educated, to make a plan, and move forward. There is no excuse. There is zero. In this day and age, for anybody to not create lives that they love, seriously, what is preventing you?

And so it was really that love from the people around me, and that drive I had to create something great out of misfortune that pushed me to share my knowledge and give a helping hand to others.

Kim: Would you share with us a time in your life that without resiliency, we would not be having this conversation, here, right now?

I think the biggest one, the most painful one, was definitely my husband dying unexpectedly. I was left to raise my two teenage twins on my own. Having to figure it all out and now provide for them, and make sure I've checked all those mom check boxes before they go into the world. It was just like, ‘you know what, girl, you've got to pick yourself up, put on your big girl panties, dry your face off and let's go.’

I thank God every day that I have so many wonderful women around me. There's something really profound in having extraordinary women be there for us and with us and hold our hearts when our hearts are literally shattered. When we're encouraging and inspiring and uplifting and loving on each other, that is everything. That has been a huge part of my journey and what got me through the darkest year of my life.

Kim: Share with us a little bit about your book, and give us another book you would recommend everybody to read.

So it's all about how to do so using your self-directed IRA to buy real estate, and diversifying your portfolio.

But here's a book I give to everybody, and I tell them to read. Every millionaire billionaire I know has read this book and studied it. It's called the Scion of Getting Rich by Wallace de Walls. And, everybody, take it for homework; read the book once.

I got this book from my mentor who told me to read chapter four, seven, 11 and 14 every single day for 90 days. If you miss a day, you start all over. I promise you, it only takes like 20 minutes to read those chapters. If you can do that, your neuron pathways are absolutely going to be changed forever, and you are going to start seeing opportunities all around you like never before.

The longest journey we will ever take, ladies, is right here. It's between your ears. You can change that. You literally change your world and the world around you.

Kim: What's a quote that you recite in your head on hard days?

God and the universe are conspiring to have all of my heart's deepest desires come true.’ It's from the richest man in Babylon. Read that book too!

Watch the interview now! youtube.com/c/KimTalks

Connect with Catherine Website: .titanimpactgroup.com Facebook: @CatherineBell10 LinkedIn: linkedin.com/in/catherinebell-tig/

YOU’RE GREAT AT WHAT YOU DO AND YOU’RE WILLING TO GO ALL-IN FOR YOUR CLIENTS.

But you’re faced with a problem: you need more clients.

And not just any clients… you need the right clients.

Clients who are committed to you, who are decisive, and who are willing to pay your full commission. We teach our clients timeless and proven strategies for marketing, lead generation, and conversion that actually work. 500 Doors Real Estate coaching focuses on generating organic leads within your community.