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b'Have you ever felt overwhelmed balancing family, work, and ambitions to build wealth through real estate investing? How does one give adequate time to their family, refine investment strategies, and still achieve their financial goals?\\xa0\\n\\xa0\\nIn this episode, Taylor welcomes Aileen Prak to discuss balancing life, family, work and real estate investing. Eileen shares her experience setting priorities and goals and refining the investment strategy with her husband. She talks about managing multiple family, work, and investment commitments, including building a network of connections, creating relationships, and setting small goals. She also explains how two partners with different skill sets can successfully work together to achieve their goals through communication and compromise.\\xa0\\n\\xa0\\nTune in for an insightful conversation on maintaining balance while building wealth!\\n\\xa0\\n[00:00 - 06:12] Balancing Life, Family, and Real Estate Investing\\nFocus on the importance of time and how to spend it\\nSet priorities, goals and delegate responsibilities\\nInvest in multifamily apartments outside of your comfort zone\\nLeverage the experience of a sponsor to learn and be passive investors\\n\\xa0\\n[06:13 - 11:26] Leveraging Strengths and Weaknesses to Achieve Goals\\nThe power of leveraging off each other\'s strengths and weaknesses\\nHaving a support network for help with kids and other tasks\\nIdentifying individual strengths and weaknesses\\nCommunicating effectively to divide and conquer tasks\\nCreating a division of line between what is enjoyed doing and what is good at doing\\n\\xa0\\n[11:27 - 19:31] Navigating Business Goals Together\\nSet goals based on family and overall life quality\\nBreak down goals into smaller steps\\nHandle disagreements by understanding each other\'s perspective\\nThe end goal is the same, but how to get there may require compromise\\n\\xa0\\n[19:32 - 24:07] Achieving Financial Independence and Spending Time with Family\\nDon\'t forget why you are doing it in the first place\\nGrow business to have time freedom and be able to spend it with kids\\nExpose kids to real estate without limiting beliefs\\nEnjoy current job and make a decision when one of them wants to leave\\n\\xa0\\n[24:08 - 29:40] Closing Segment\\nBest investment: first house bought\\nWorst investment: a property with high deferred maintenance and low market value\\nThe most important lesson: always walk away from a bad deal\\n\\nQuotes:\\n\\xa0\\n"I wanted to gain more time and freedom to spend more with my family, not be dependent on that W-2, and have that choice to continue working because I wanted to, not because I had to." - Aileen Prak\\n\\xa0\\n"If you can overcome those limiting beliefs, you can get there and start so much quicker without having to feel like you\'re not enough. And you totally are, but you need to start making the right moves and start getting outside of your comfort zone, networking with other people." - Aileen Prak\\n\\nConnect with Aileen!\\nWebsite: https://bonavestcapital.com\\xa0\\nPodcast: How Did They Do It? Real Estate\\n\\nApply to Invest with Taylor at www.investwithtaylor.com\\n\\xa0\\nTrack your wealth for free with Personal Capital, go to www.escapingwallstreet.com\\n\\xa0\\nPlease leave a review and help others escape Wall Street and build wealth on Main Street!'