More than half of the real estate agents are female. So might assume that women are well-represented in the Commercial real estate industry. The answer is a big NO. This is because only thirty (30) percent of real estate investors are women. But that figure will soon be amended as more women discover that they have some built-in benefit in terms of flipping and fixing properties to come up with a good profit.
Women who flip. Even though there are some famous property flippers on HGTV, a lot of people still think that construction in real estate can be left to men. There are prominent female REI-flippers and it is not surprising that channels such as HGYTV chose such personalities because they firmly believe in their passion. The city of Dallas is still a hot market for flipping. Based on statistics, the city of Dallas is growing by a minimum of 500 residents per month. So veteran investors are snapping and jazzing up properties near the metro, which are popular with millennials, including older homes, which they can and then convert to multifamily units.
Multifamily units can be a lucrative investment because a single family house purchased for $500,000.00 can benefit a smart flipper with several units’ worth of income for between $650,000 and $950,000. And so why do females still comprise a small piece of the real estate investor’s pie, and what are the routes to be successful?
Becoming a Real Estate Investor
Real Estate investors begin as home inspectors, appraisers, brokers, contractors, and all of which tend to be dominated by men. But those are not the only paths to pave in becoming a real estate investor. Realtors are also excellent candidates for real estate investors with their thorough knowledge of local markets, pricing, and sales cycles. As are those entrepreneurial class who may have to obtain a career break to take care of elders or kids now want to reboot a career.
So what does it take to become an effective female real estate investor? Confidence and knowledge are crucial elements. With a thorough understanding of the market, say for Dallas, and of the figures involved to translate it to a profit. Successful female Real estate investors’ counsel that you should not depend on your guess or intuition when buying properties. Instead, you require to study topics on what costs will be utilized and initialize a system for analyzing properties with the use of numbers.
Persistence is also an essential factor. All you have to do is to follow up with every lead and be the last to give up on a good deal. Create and link relationships with efficient resources like hard money lenders and real estate agents. You can turn to when you need to look for a great deal or obtain a case for your project immediately. Veteran women Real Estate investors suggest that one, if possible, should mimic another investor working on a renovation before flying on her own. One should not be afraid to ask questions and each real estate investor out there was also a newbie at one point in their career.
The Edge of Female Real Estate Investors
When talking at the plus’ and minuses’ of being a woman in the real estate industry, interviews with several successful female real estate investors stated that all have some problems in terms of how the opposite sex treated them. However, the women said being a female real estate investor has a lot more advantages as compared to disadvantages.
Naturally, women are excellent at the skills that are needed for the success of real estate investing. It was known that female real estate investors are very good at creating relationships and looking for solutions to problems. It was also a known fact that women have the inherent ability to acquire network and trust, skills that are tailored to real estate investing. Another important thing is support from family. One woman, who is a married flipper, said that having a working spouse that has a steady income gives her the freedom to pay close attention to her investment properties and allows her to jump on few risks in the course of her career.
Being collaborative versus autocratic is also a reason women, who choose not to discount their femininity, are extremely successful in negotiations and in hodding meetings with their peers. These are essential to success as a real estate investor.
Looking for support for Your Dream
So are you a female who is interested in becoming an Apartment investor, but would like to know more about others to exchange ideas and brainstorm? Or are you already a female real estate investor and just looking for ways to connect to other investment opportunities? Whatever your purpose is, we can offer you resources to become one of the best female real estate investors in apartments.
WE ARE LOOKING FOR MORE INVESTORS LIKE YOU PLEASE HIT THE forward button ABOVE to quickly
> send a friend who can benefit from our strategic, forward-thinking strategies and investments.
Our ideal investor is usually one of these individuals:
Ultimate passive investors-
1031 exchange over 500k-
High net worth individuals
Individual who Worked for a major company over 10 years
Real estate brokers/agents
Individuals with pension funds
Women-owned family offices or family offices/funds who support the social initiative to teach financial literacy to women
Angel investors supporting women
** GET Qualified for the next DEAL or GET more INFO NOW!
> To be qualified for our next investment Let me give you our investor quiz so you’ll be put into the list for events and deals You can find my form “The Apartment Queen™ Investor Questionnaire” at: https://form.jotform.com/200207883604451