How To Succeed As A Woman In Real
Estate Investing
By Charles And Kim Petty
The author has permitted the reprinting and redistribution of this
article.
Something that we (especially Kim) get asked about quite a lot is how
women can make it in real estate investing. In fact, some of you may
have even heard Kim speak about this in person. We felt that this
concern was important enough to address it here.
What it Takes to Succeed
There are actually no differently magical keys for women who are
looking to have a successful real estate investing career. In fact, the
same things that apply for men apply for women. The same things that
apply for couples apply for single people. Well, that’s not
entirely true. There is one thing that women need to make sure that
they have, that most mean possess naturally. That one thing is the
knowledge that they can do it and that they deserve it. Because real
estate investing is typically seen as a man’s world, men
never question their right to be there. They feel like it is their
right to move through that world and be successful while they are doing
it. Some women, on the other hand, feel as if they are interlopers.
They know that real estate investing is a good thing, but they
don’t feel like they can do it by themselves. In fact,
countless women will get themselves a male partner (at least when they
are starting out). The partner may not bring anything to the table
other than testosterone, but it helps many women feel comfortable
operating in that world. Unfortunately, many women will find themselves
deferring to a partner who has less knowledge andor experience than
they do, simply because he is a man.
So, how can a woman feel at home in the world of real estate investing
How can she feel entitled to be there and to be successful As you know,
we have first hand knowledge of this, so we have laid out some things
that are important to any female real estate investor’s
success.
Education
We can’t stress this enough. If you have talked to us, then
you know how important getting an education was to our real estate
investing career. We jumped right in, and didn’t get any
formal training at first. Instead, we found ourselves enrolled in the
school of hard knocks. It was not a fun place to be, believe us. It
wasn’t until we began really educating ourselves with books
and courses and started attending seminars and boot camps that things
really took off for us, and we were able to fix some of the mistakes
that we made in the beginning.
This was especially important for me (Kim). When I knew how things were
supposed to happen, I was able to speak to vendors and clients more
effectively. It is sad to say, but many men will use the
“little lady” approach with you. They will not give
you enough information and sometimes they will not even give you the
correct information. They assume that, because you are a woman, you
just don’t know. Well, you can surprise them too. Educate
yourself. Get a firm foundation of good knowledge. And remember, if you
don’t feel comfortable doing business with someone, or if
they are patronizing, don’t do business with them. It is your
choice, and you don’t have to feel bad about it.
MentoringCoaching
Having a mentor or a coach is important for all real estate investors,
male or female. A mentor can help you get to where you are going. They
have already been where you are, so they understand the challenges that
you face in your business. When you are getting together with a mentor,
there are a few things that you should look for
- Your mentor should be actively doing the business. How can someone
coach you along to success, when they are not even doing what you are
trying to achieve This is very important. You want to make sure that
the things you are being taught work in the current market.
- Your mentor should be accessible. In today’s busy world,
e-mail is usually the most common and effective way to communicate with
a mentor or a coach. Face to face meetings, phone and fax are other
options. However, e-mail has the benefit of being written and easily
organized in an electronic format. You can save all of your e-mails and
review them to make sure that you stay on top of your game.
For a FREE Special Report and CD from Charles and Kim Petty and to set
up a one on one strategy session on how you too can make Six or Seven
Figures A Year Buying and Selling Properties across the USA
&abroad go to httpwww.VirtualRealEstateInvestingProfits.com or
call 1-800-311-9228.
If
you would like to take advantage of the market and learn how to invest
in real estate and you are local to the Dallas Fort Worth area, I know
a really great teacher and mentor here in Arlington Texas. Please take
a look at his web site: DennisJHenson.com,
Dennis has a great Mentoring and training program, I know because I am
one of his former students. I learned a lot from his one on one
teaching technique. - Michael Harman 817-457-7572
mchfun.business@gmail.com
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