Professional real estate investors Liz Faircloth and Andresa Guidelli discuss how women invest differently than men, the importance of elevating women's financial literacy, and the obstacles women face in the investment world.
Women make great investors due to their cautious nature and research skills.
Building confidence in investing involves owning skills, knowledge, and being part of a supportive community.
Successful real estate investing requires focusing on up-and-coming sub-markets, thorough analysis, and working with reliable property managers.
Deep dives
The Importance of Women in Real Estate Investing
Women are becoming increasingly involved in real estate investing, with an estimated 30% of investors being women. They are drawn to the industry for financial freedom and flexibility in their lives. Women have unique strengths as investors, being risk-aware and conducting thorough research before making decisions. Property management is crucial for success, and finding the right property manager involves matching their expertise to the market, asset class, and property type. Overall, women play an essential role in the real estate investing world and are empowering each other through communities like Investor.
Overcoming Confidence Issues and Building Financial Independence
Women often face confidence issues when it comes to money and investing. To overcome this, it's important for women to own their skills, knowledge, and personality traits. Research shows that once women do invest, they make good decisions, as they are cautious and mindful in their approach. Building confidence also comes from being part of a supportive community and learning from the experiences of other women investors. Women can gain financial independence by taking charge of their finances, focusing on financial freedom, and treating every property as a business.
Understanding Today's Real Estate Market
In today's real estate market, it is important to focus on sub-markets that are up-and-coming and have room for growth. Knowing the local market, the asset class, and the type of property is crucial for successful investing. It is also essential to analyze market trends and align investment criteria with market conditions. Women investors should maintain a sniper mindset, carefully selecting properties and ensuring they cash flow well. Additionally, finding and working with a reliable property manager is key for seamless operations and peace of mind.
Tapping Into the Strengths of Women in Real Estate
Women investors bring unique strengths to the real estate industry, including strong research skills, risk awareness, and asking the right questions. Women are focused on achieving financial independence and freedom of time. They prioritize living life on their own terms and maintaining a balanced lifestyle. Confidence is built by being part of a tribe and tapping into the resources and experiences of other women investors. Women hold great potential in the real estate market, and their numbers are steadily increasing.
Overcoming Fear and Taking the First Real Estate Investing Step
Fear is a common obstacle that women face when taking the first step into real estate investing. It is crucial to acknowledge and address this fear. Women need to understand that mistakes are a part of the learning process, and they will get smarter from each experience. Surrounding themselves with a supportive community can provide the encouragement and guidance needed. Taking that first step may feel daunting, but it is important to remember that small mistakes do not define the entire investing journey.
Some professions are categorized as more male-dominated, such as construction work, car sales, and mechanics. Likewise, others are categorized as more female-dominated, including nursing, teaching, and social work. Thankfully, some of these gender stereotypes are falling by the wayside. Today’s guests explain how women are investing (successfully) in male-dominated assets classes. Liz Faircloth and Andresa Guidelli hosts of the The Real Estate InvestHER Show and the and are both professional real estate investors who believe in the importance of elevating women’s financial literacy. Andresa says, “It wasn’t that long ago that women were not able to open a bank account or own a property. We are mentally dependent, financially dependent.” She goes on to explain how her own experience of being in a toxic relationship, she would have had the confidence to leave that relationship. Liz says, “Women outperform men. Women make great investors. Not just my opinion, but statistically because they are more cautious, and don’t invest on a whim.” Host Kim Kiyosaki and guests Liz Faircloth and Andresa Guidelli discuss how women invest differently than men, the resources available to beginner investors, and the importance of elevating women's financial literacy. Learn more about the InvestHER CON 2022: https://www.therealestateinvesther.com
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