144: Growing a Real Estate Proof of Concept as a Couple with Tyler and Zosia Madden

Working with a spouse or partner can be tough, but with the right systems in place and a clear vision for your future together, you can also create a healthy business relationship. On this episode of Zen and the Art of Real Estate Investing, Jonathan sits down with Tyler and Zosia Madden, the CEO and COO of Laurelless. They are real estate investors, entrepreneurs, and professional home flippers. Tyler is a general contractor and the visionary, whereas Zosia is the integrator. Jonathan, Tyler, and Zosia begin their conversation by exploring how Tyler started as an aspiring doctor and pivoted to become a general contractor and why Zosia maintained her high-income W-2 position as they started their entrepreneurial endeavors. You’ll hear when Zosia was ready to get on board with leaving her job and becoming a part of their business, Zosia and Tyler’s mutual goal of using real estate to achieve the lifestyle they both desired, and why making the right connections helped them find new properties and learn from others. Tyler and Zosia share their reliance on authenticity to create connections with others, their advice for first-time flippers in this challenging market, and why new flippers need to build good relationships with their subcontractors. Finally, Tyler and Zosia share how they keep their personal relationship strong even amidst business conflicts and failures. For many couples, working together may feel like a recipe for disaster, but Tyler and Zoia Madden discovered the secret sauce to establishing boundaries at work and home so that they could continue moving toward their shared goals for their family. In this episode, you will hear: How Tyler and Zosia Madden’s real estate career started with Tyler working solo and ultimately became a dual endeavor Why Zosia maintained her W-2 as they started their real estate investing business and the benefits it offered Zosia’s realization that she trusted where the business was going and loved the idea of it, particularly after becoming a mom The role of proof of concept in getting a spouse on board Using real estate as a couple to achieve the lifestyle that they want to live Making the right connections to find new properties and learn from them Being comfortable with being uncomfortable and getting into rooms with people who are smarter than you Maintaining authenticity to build genuine connections with others Moving past imposter syndrome and how having just a bit of it can help you continue to learn from others Earning the ability to ask someone for their time and knowledge while being meaningful, intentional, and interested Flipping homes in today’s market and Tyle and Zosia’s tips for first-timers who don’t know much Building relationships with your subcontractors and suppliers who will take care of you because you take care of them JV’ing on a flip with someone else to learn from them how to do a flip Keeping your personal relationship strong when the business side of things feels like it’s falling apart Follow and Review: We’d love for you to follow us if you haven’t yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We’d love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at https://zenandtheartofrealestateinvesting.com/podcast/144/ to download it. Supporting Resources: Visit the Laurelless website - www.laurelless.com Find Zosia on Instagram - www.instagram.com/zosiamadden Tyler’s Instagram - www.instagram.com/tylermadden Connect with Laurelless on Instagram - www.instagram.com/laurelless_ Website - www.streamlined.properties YouTube - www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - https://www.zillow.com/profile/StreamlinedReal Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties Email - info@streamlined.properties Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.