Real Estate Agent Glennda Baker on Finding Deals in This Market, Why Divorce Can Leave You “House Poor,” and the $47 Trillion Reason You Can't Buy a Home Right Now

About this episode

Glennda Baker discusses her experiences in real estate, the impact of divorce on finances, and strategies for building wealth in today's housing market.

Glennda Baker has been a real estate broker for decades, built a massive social media following teaching everyday people how to buy and sell smart, and learned some of the biggest money lessons the hard way… including a divorce where her ex looked her in the face and called her a "cash cow." Today, she joins Nicole to share what she knows about protecting your wealth, winning in today's housing market, and building real estate into generational wealth. Glennda gets raw about her own financial trauma: the manipulation she didn't see coming in her marriage, the moment she was evicted to a vacant rental with her son and hit rock bottom, and why she will never get married again. She explains exactly how divorce hits women differently than men, including a hidden math problem most people miss when splitting a house at today's interest rates. Then Nicole and Glennda get into the real estate playbook. They fact-check the viral real estate advice flooding your feed, from writing letters to homeowners to get off-market deals, to using a HELOC for a down payment, to buying property through individual LLCs. Glennda also makes her case for why buying a house for your kid beats a 529, why…

People in this episode

Host: Nicole Lapin

Guest: Glennda Baker

Topics covered

• real estate
• divorce
• financial trauma
• housing market
• wealth protection
• generational wealth

Keywords

• real estate
• divorce
• financial advice
• housing market
• wealth building
• generational wealth
• home buying

Mentioned in this episode

Organizations: Money News Network

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