Women are 50% of the population, but less than 30% of real estate investors are women. Why is that?
One reason is that many women don't even see it as a possibility for themselves. Another big reason is fear.
Women are scared to get involved in real estate investing because: they don't know enough about it; they don't think they have sufficient resources; they don't know who they can trust; and/or they don't have the right guidance or mentorship to begin powerfully.
That's why I'm so passionate about the REI Goddesses community.
I successfully invest in real estate with my husband, Peter, and we get asked all the time: how do we do it? How do we work together, raise a family, and stay passionate?
It's not luck. Well, there is some luck and a whole lot of grace. We have been intentional though! So here are four tips we credit for our relationship and business success. (And yes, we know the last one may sound crazy to some, but even Napoleon Hill talks about this in Think and Grow Rich.)
As Real Estate Investor Goddesses, we teach women (and their partners at our Real Estate Investor Soulmates Retreat) how to acquire cash-flowing rental properties so they can create...
Ready to be inspired? It's time for a Goddess Spotlight!
I want to introduce you to members of our community who are successfully building their real estate portfolios and are on their way to financial freedom. Some are relatively new, while others have been at it for a while.
These goddesses invest in almost every niche imaginable, and they ALL have a lot of insight to share!
Today, I'm sharing my interview with Donna Byron - our Wealthy Goddess last May!
Here’s a recap of what we talked about:
Brene Brown said it - “If you’re not in the arena getting your butt kicked too, I’m not interested in your feedback”.
When I invite experts to speak to the goddesses in my Wealthy Goddess Program, I look for people who have fought my fight and won. Leaders who experience and speak to the highs and lows of investing instead of pretending they have all the answers. Women who are in the game, in the arena, right now.
Last August 9th South Africa celebrated National Women’s Day in honor of the more than 20,000 women who shifted the course of history for their nation when they marched for social justice in 1956. They understood the importance of being brave and getting into the arena. These women also understood the power of standing together, raising each other up, and walking together.
Within the REIG community, I know that often we need to know how other women are handling the challenges of the real estate industry - financially, socially, in our...
Interest rates are incredibly low due to the Federal Reserve's attempt to stem negative effects from the pandemic and stimulate growth. This is what it means for you as a real estate investor:
- When you're borrowing money, you are borrowing it at sometimes less than the cost of inflation right now. You can use OPM (Other People's Money) for next to nothing.
- There is a record-low supply of homes for sale, and homebuyers are facing competitive bidding wars. The low-interest rates are also helping to drive up prices.
- The low-interest rates make refinancing particularly attractive. In 2020 refinancing activity reached a 17 year high. Savvy investors are doing cash-out refinances (a non-taxable way to access cash from the equity in your home) to have funds available for more investing.
If you can find the right property at the right price, low-interest rates make buying with leverage particularly great right now!
One of the first questions you need to ask yourself, as an aspiring real estate investor, is what resources do you currently have at your disposal for real estate investing? This will give you a better idea of how to create a personalized plan or blueprint that helps you making the most of what you have.
As a real estate investor, your best resources (other than money) are time, experience, education, and relationships. Let me break them down a little further:
One question to ask yourself as you begin your investing journey is, how much available time do you have? Realistically you need time for finding the property, finding the financing, managing and renovating the property (if needed or desired), managing outside investors, etc. If time is not one of the resources you have, then partner with someone who has that resource more available!
Here’s the thing- the more experience you have, the more time and money you will save. With...
Probably the hardest part of getting into real estate investing is knowing where to start. Here are three tips to get started investing in real estate as a goddess:
Many/most people don't take action because they don't know what to do. Lack of knowledge/clear steps leads to paralysis. Education for effective action is the antidote to this.
I created a free training to help you know what steps to take so you can get into effective action >>>How to Get Started in Real Estate Investing Even as a Busy Professional Woman. Click here to sign up for an upcoming session.
The more clarity you have on what you want, the easier it will be to bring it forth. I cannot overstate enough how important this step is. Clarity is rocket fuel for your desires.
Here are some of the questions you can ask yourself over the next few days to help yourself find clarity before starting investing.
"The real question is not IF you should make this investment, it's WHEN."
— Monick Halm.
Do you want to make money in your sleep? Do you want to have the financial freedom to travel wherever you want? Do you want to be able to quit your 9 to 5 and be your own boss?
If you answered yes to any of the above questions, then it’s not a question of IF you should take the leap into real estate investing… it’s WHEN. So when would now be a good time to start?
Andrew Carnegie said, “90% of millionaires become so through real estate. More money has been made in real estate than in all industrial investments combined.”
I know I preach a LOT about how important investing in real estate is to build generational wealth. I know I am always sharing how it has allowed me, and so many goddesses I know, to achieve real financial freedom. But it’s not just me who believes this to be true! People all around the world have created millions because they invested in real estate. They put their money in properties, homes, complexes, commercial buildings, etc and their money made them more money until they achieved the millionaire status that they enjoy today.
Here is a list of some of the female real estate investors who have had the greatest impact on the real estate industry:
- Barbara Corcoran: Judge on Shark Tank + real estate investor.
Barbara Corcoran was committed to succeeding. At the age of 23, she quit her job...
"Get comfortable with feeling challenged. That means you are growing."
— Boss Babe.
Growth can feel overwhelming, stressful, and sometimes even scary. That’s where we come in. We are here to remind you that you are not alone. When you’re a REI Goddess you have the support of tons of incredible women who are here to cheer you on every step of the way. So when you feel the effects of your growth, both the good and the bad, know that we are here to lift you up or celebrate with you.