Happy Women's History Month and International Women's Day!
International Women's Day (March 8) is a global day celebrating the social, economic, cultural, and political achievements of women. The day also marks a call to action for accelerating women's equality.
Here at Real Estate Investor Goddesses, we are committed to accelerating gender wealth equality in this country and the world.
We have a real gender wealth gap that is startling! Many people know about the gender pay gap (for every dollar that a man makes, a woman only makes 82 cents). What's even more troubling for me is the gender wealth or net worth gap. For every dollar of net worth that a man has, a woman only has 32 cents! And that figure gets even more shocking when you factor in race. For every dollar of wealth that a white man has, a black or Latina woman has less than one penny! We need to change that!
I'm super grateful to the women who came to our Wealth Through Real Estate Event last weekend here in Los Angeles...
For better or for worse, your success in real estate will be determined by WHO YOU KNOW.
Real Estate is a relationship business. Who you know, and who you are working with, can make the difference in what deals you get, and how much money you have access to.
You will need relationships with great service providers such as agents/brokers, lenders, property managers, CPAs, contractors, attorneys, and with great potential partners – deal and investment partners.
Without these right relationships you either:
(a) can’t acquire a good cash flowing property (especially in a competitive market), or
(b) you can’t run it well, if and when you do acquire it.
A lot of people think that’s not fair. Maybe it's not, but that’s the way it is.
There is something you can do about it though…
You can absolutely get yourself some of those "right" relationships!
So how do you do that?
There are three ways to do this. These are what I’ve done that have made...
On average, women see better results in real estate investing and yet there are significantly less women involved in this field. Why is that? I believe it's a lack of awareness and education on what investing in real estate really is, and fear of this male-dominated space. Women can be extremely successful in this field if they allow themselves to show up.
Ready to be inspired? It's time for another Goddess Spotlight!
In these Goddess Spotlights, I introduce you to members of our community who are successfully building their real estate portfolios and are creating 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 Dorothy Salomon - our Wealthy Goddess of the Month!
CLICK HERE TO VIEW HER INTERVIEW
Here’s a recap of what we talked about:
Have you ever dreamed of being a millionaire -- and I don't mean just a millionaire with $1,000,000 but with at least $10,000,000+? And much of that showing up as passive cash flow coming to you monthly?
When you were younger, did you ever imagine you'd have homes around the world or Ferraris at your whim?
Well, $1,000,000 just isn't what it used to be. In the past, it could have guaranteed you a pretty cushy lifestyle. Think about it, the average cost of a house will be over $1,000,000 in a few years. It's already pretty close in LA where I live and in many other coastal cities.
That said, if that dream is still just a dream, don't worry. It's not too late!
One of the keys to accumulating lasting wealth is to learn the art of investing. This way your money grows automatically and exponentially!
Some people think they can save their way to millions or acquire their millions by getting raise after raise. If you're trading your time for...
Happy Black History Month! To celebrate we will be sharing inspiring quotes from some of our favorite black leaders in history. Starting with the one, the only, Oprah.
Happy Black History Month! In the spirit of the month, I want to share a story about a prominent African-American figure in real estate investing.
Meet Biddy Mason! Biddy Mason lived through slavery and still managed to become one of LA’s wealthiest women and one of the city’s first real estate moguls!
Biddy was a slave for most of her life, and she eventually moved to California with her master’s family where she spent many years working as a midwife, cook and livestock breeder. But because California was a “free” state, Biddy eventually petitioned for her and her family’s freedom and won.
When she gained her freedom in 1856 she worked for a prominent LA physician where she learned about the various enterprises that existed in the city and it sparked her interest in becoming a landowner. She saved her income from her job, and nearly a decade later she bought her first piece of property in downtown LA. It proved lucrative for her so she continued...
Mentors are here to help you, answer your questions, and guide you so that you don't make the same costly mistakes they did. A mentor's guidance is invaluable!
Maybe you can relate… My parents always told me I could be ANYTHING I wanted (so long as it was a doctor, lawyer, professor or engineer. ) Being a “good girl”, I dutifully graduated from an Ivy League law school. But as a lawyer, the slow itch of dissatisfaction started creeping up. Truth be told? Before long, I was full-out miserable. But I did what I thought was “right” until one Tuesday morning, in seemingly “perfect” health - it happened: The crippling pain. The frantic drive to the hospital. The panic about what was wrong with me. And then? A 9-day stay in the hospital and 30 days at home to recover from an emergency appendix rupture. But here’s the truly tragic part- after I realized I wasn’t dying? Relief. Relief at not having to go back to the office to attend to my mundane and miserable career as a lawyer. And then it struck me- who would rather be holed up in a hospital than living life? Had I really become so...
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