Monika Jazyk - Avoiding Million Dollar Mistakes And Finding Success

5 Talents Podcast - How To Build Wealth Through Real Estate

Monika Jazyk, is a wife and proud mother of four wonderful, yet expensive, children. After the completion of her Masters in Teaching and the birth of her eldest son, Monika chose to stay home with her growing family, sacrificing her income of a full-time wage. To create monthly income to be able to fund immediate and future expenses for her children, Monika and her husband Vaughan chose Real Estate as an investment vehicle to build passive income and long-term wealth. They have created a successful Real Estate Portfolio consisting of Buy Rent Hold properties allowing Monika to stay home to raise her 4 children while assuring all of their immediate and future needs are met.

Monika is also co-owner of Real Property Investments, a Real Estate Investment Corporation that helps Real People build Real wealth through Real Estate!
[00:01 - 06:49] Opening Segment

• Introducing Monika to the show!
• She shares her knowledge through books, courses, and real estate investments
• Savers are losers because money does not have the same value as it used to

[06:50 - 16:19] Planning For Contingencies And Stress Testing

• Job security is not the same as it used to be, so passive income is important
• Stress test mortgage rates and have a plan A, B, and C
• Make money when you buy the property
• Common sense is key – ask yourself if you would live there
• Have enough reserves and contingencies in place
• Recession-proof your business and investments

[16:20 - 29:42] Avoiding Million-Dollar Mistakes And Finding Success

• Investors need to be able to make money in any market
• She wrote a book with her husband, “Real Estate Mistakes”
• Providing solutions to help people avoid making the same mistakes
• Her mission is to help fill the wealth gap in developed nations by helping middle-working-class people improve their financial literacy

[29:43 - 34:37] Closing Segment

• Monika advises listeners to
• See the links below to connect with Monika!

Quotes:

“It's a whole new world once you start, but it's impossible not to make mistakes.” - Monika Jazyk

“In real estate investing, there are all these courses, there's all this information, but until you do the application. That's when the learning really starts.” - Monika Jazyk

Connect Monika through Website & Facebook!

Connect with me:

www.5talents.capital

LinkedIn

Instagram

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5 TALENTS CAPITAL | ABEL PACHECO

If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:

1. View our informational video and case study at https://5talents.capital/grow-your-wealth/
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