7 Steps To Real Estate Investment Success

We share our 7 top tried and tested tips to being successful when investing in property

RISE WITH US & INVEST WITH CONFIDENCE

Hello, Empowered Women!

Looking for some top tips to get you started in real estate investing?

We´ve got your back!

Investing in real estate doesn’t necessarily just mean buying houses and buildings. There are many ways you can get started investing in property.

If real estate investment is something you´ve been thinking about or you would to explore, either on its own or as part of a bigger portfolio to spread the investment risk, one thing you will need to do is research.

Follow our 7 steps to real estate investment and boost your chances of success.

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7 Steps To Empower Yourself In Real Estate Investing

  1. Start With Education: Seek out education courses, network at conferences and workshops, explore diverse investment options and gain insights from other influential women investors.

  2. Set Clear Goals: Define your investment strategy: Is the goal additional income? Do you want to build a portfolio of income to secure your retirement? Create a timeline, allocate the necessary funds, and decide on your investment strategy.

  3. Make Research is your Superpower: Set aside time to learn about the market, different types of properties, and how to analyze important data like rental rates and potential returns. Collaborate with specialized real estate agents and make use of online resources to streamline your research process.

  4. Build Your A-Team: Surround yourself with a network of real estate agents, attorneys, accountants, and property managers you trust. Their expertise will help mitigate risks and enhance your returns along the way, providing you with ongoing support throughout your investment journey.

  5. Think Long-Term: Real estate investing is not a get-rich-quick scheme; it requires patience and a long-term mindset. Seek out properties with long-term potential in growing markets with strong economies.

  6. Embrace PropTech: Property Technology has revolutionized the real estate industry, boosting accessibility and efficiency for both investors and tenants. Take advantage of online resources and property management software to enhance your property value and tenant experience.

Think Outside The Box: Broaden your real estate investment horizons by exploring non-traditional options. Look into real estate crowdfunding platforms and REITs to diversify your portfolio, and seek guidance from a financial advisor to identify suitable alternative investments aligned with your goals and risk tolerance.

Madam C.J. Walker

DID YOU KNOW…?

Madam C.J. Walker, the first self-made woman millionaire in the U.S., achieved success through her hair-care line, which was specifically made and manufactured for black women. However, did you know that by the time she died, Walker had amassed a real estate investment portfolio worth close to $600,000? That's equivalent to almost $11 million in today's money! This is a sizable portfolio for a woman known first and foremost for her business and work as a philanthropist and Black rights advocate.

FINANCE IN THE NEWS

(we read so you don´t have to!):

The Fed Maintains Interest Rates, For Now….

The Federal Reserve held off on raising interest rates this month following 10 consecutive interest rate increases. While this is good news in the short term, Federal Reserve Chair Jerome Powell stated that "nearly all committee participants expect that it will be appropriate to raise interest rates somewhat further by the end of the year." All signs are pointing to at least another two increases by the end of this year.

So what does this mean for real estate investors?

Rising interest rates may cause some prospective homebuyers and investors to take a step back and reevaluate the profitability of their investment portfolio. However, higher mortgage prices are leading many people to choose to rent over buy, meaning higher returns for investors renting out their properties.

Chicken or the Egg: Which Costs More?

At the same time we learned that inflation has dropped to half of its 2022 peak, another bit of relieving news, but we are still not in the clear. The latest consumer price index reveals a 4% increase from last month, primarily led by housing-rental prices, used vehicles, and you guessed it, food prices.

While we may still be experiencing sticker shock at the grocery store check out for the next few months, we can leave you with the peaceful knowledge that egg prices dropped 13.8% (now that avian flu season is over…)

Investment Mastery: One Street Capital's Roadmap to Thriving in Real Estate

LATEST EVENT

Investment Mastery: One Street Capital's Roadmap to Thriving in Real Estate

Denise Piazza, Partner from One Street Capital discussed how to grow tax-free wealth through investing passively in real estate. Denise walked us through real estate syndications, how they work, and the types of returns targeted on these investments.

Click here to replay the webinar.

@risethemovement

www.risethemovement.com

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