Let me break this down for you:
1. The Right Vision: this means getting really clear on what you want your real estate investments to do for your life. Financial freedom? Tax benefits? Leave a legacy? What types of investment properties do you desire? How do you desire to work in real estate? (investor, property manager, etc.) Where would you like real estate to take you in 5, 10, 20 years?
2. The Right Team: real estate investing is not something you can do alone. That’s why we at REI goddesses believe so strongly in bringing great team members to our community. Make sure that you are surrounding yourself with people who can help answer your questions, give you tools and resources to help support you, and guide you through the highs and lows that are part of the investing process.
3. The Right Market: Is the market you want to invest in landlord and business-friendly? What is the cost of housing? Is there a high job and/or population growth? Is it a market that you’re...
"Wanting something is not enough. You must hunger for it. Your motivation must be absolutely compelling in order to overcome the obstacles that will invariably come your way".
― Lee Brown.
YES! Because the obstacles will come, goddess, and it’s up to you how you are going to handle them when they do…
Ready for me to blow your mind? All 3 of these reasons are based on myths and misconceptions.
Those excuses are just excuses! They are not necessarily true.
- You don’t need a ton of money to invest in real estate (in fact, there are ways to get started investing with as little as $0!)
- You don’t need to have a ton of time to invest in real estate (in fact, some investments are completely passive!)
- You definitely don’t have to deal with tenants, toilets or termites in order to invest (in fact, many investments never require you to touch the 3 T’s!)
And yet, women use these three excuses ALL the time and prevent themselves from achieving the financial freedom they desire. When I hear one of these excuses I know that the woman saying it just doesn’t know enough about real estate investing and all the numerous ways that she can get involved. So I created a 40-page guide titled: Investing in Real Estate from $1 to $1 Million to help educate women on 12...
I often hear people say that they feel more comfortable investing in the stock market or keeping their money in a bank account. To them, this choice feels safer and more reliable. But this is a myth. I believe that they say this because they have not done the work of comparing how money grows in different investments. So I’ve broken it down for you.
Let’s say you start with $50,000. Now if you put that money in a bank account, where it compounds at 1% interest, after 20 years you will have made a profit of $11,009.50.
Now let’s say you want to invest that money and you choose to invest that $50,000 in the stock market, which averages a 7% annual return on investment. So after 20 years compounding at 7% you will make a profit of $143,484.
Now let’s compare those two options to real estate investing. Let’s say you purchase five 3/2 single-family houses in Cleveland, OH for $50,000 down (20% of value - $250,000 total in assets). The average rent for that...
“When you've worked hard, and done well, and walked through that doorway of opportunity, you do not slam it shut behind you. You reach back."
- Michelle Obama.
That is what makes a true GODDESS! That is the beauty of a SISTERHOOD! That is the power of WOMEN!
And reaching back, supporting each other, and lifting each other up is exactly what we at REI Goddesses are all about.
I am tired of seeing a room full of wealthy investors where so very few are women. And we know you are tired of this as well.
It's SOOO possible, and I'm tired of the excuses we make that keep us from getting in the game. Some of it is due to fear. Much of it is due to myths and misinformation, and not knowing what's possible!
That's why I've written this 40-page guide and am giving it away for free right now - to show you how you can start to invest in real estate even if you have little to no money, little to no time, and don't want to ever deal with tenants.
In my new guide, I've shared 12 strategies:
-3 that are sweat equity strategies (for the goddess who is willing to roll up her sleeves, but wants to invest little to none of her own money).
-3 are passive investing strategies (for the goddess who wants her money working for her and doesn't want to spend time finding or managing properties)
-3 are buy-and-hold strategies (this is for the goddess who wants to invest in a more...