Ep 120: The Unique Real Estate Investing Strategy Anyone Can Use with Palak Shah

On this week’s episode I got to sit down with Palak Shah, a mechanical engineer-turned-real estate investor, who is on a mission to empower women and minorities to build their own real estate empires, despite the risk-averse conditioning of their past. Palak is the founder and CEO of Open Spaces, a company with two arms: Open Spaces Capital, an investing arm with a $10 million portfolio of residential and commercial rentals, and Open Spaces Women, an education arm that helps others transition from the corporate grind to real estate investing.   Palak previously worked as a mechanical engineer for 17 years and, after deciding to have kids, realized she had to choose between motherhood and career growth. She and her husband decided to buy a few rent ready rentals and, after realizing it was something they wanted to pursue, Shah quit her job to focus on real estate investing. She found a value add investing strategy that allowed her to buy distressed properties   "We don't realize that the higher up we climb in the corporate ladder, the less time we have for the family. And it came to a point where I felt like I was in a very unfair position where as a woman I had to choose between enjoying motherhood and enjoying career growth."     In this episode you will learn: How to build wealth through long-term rental properties as opposed to flipping them. How to leverage money up front when starting out in real estate investing. How to use systems and processes to make real estate investing more profitable.   Visit ElizabethLevitin.com and book your free PlayDate Consultation Call today!   Connect with us: We’d love to hear from you. Comment on this week’s episode’s Instagram post with how this has inspired you. If you have any other tips or ideas leave a comment under the post for this episode on our Instagram page @quotablemediaco or shoot me a DM. You can also connect with us at our Quotable Magazine Instagram account @quotablemagazine. For any show ideas, to submit a guest to the podcast, or if you have any questions, please visit quotablemediaco.com/podcast.     Did you love this week’s episode?  Leave us a review!   Other episodes you'll enjoy: Use Your Personal Success Code to Create an Aligned Biz with Jess Bubbico Megan Galane on How to Systemize Your Business So It Runs Without You Why Community Is The #1 Secret To Success   Connect with Palak: Website: www.openspaceswomen.com Instagram: @openspaceswomen

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Founder of Quotable Media Co, Alessandra Pollina, is amplifying the stories of women-owned businesses and bringing you authentic inspiration from her years of experience as the leader of her own boutique PR agency. How do I start a business? What are successful female entrepreneurs doing to stand out? How can I get my product in the news? Where are female entrepreneurs investing their time and money? What are the PR tips I need for my small businesses? Whether you’re just getting started with a new business idea, or if you’ve been running a company for years, consider this show your companion through it all. Quotable: A Female Entrepreneur Podcast is a conversation style business and marketing podcast, filled with practical tips to take your brand to the next level, and real life behind the scenes stories from other women in business to inspire you to see what’s possible, dream bigger, and never have to feel alone in business again. Host Alessandra Pollina brings you PR and marketing tips, business and networking hacks, goal setting tips and more to help you grow your brand and check off all of those business benchmarks. Alessandra shares authentic advice on life as a female entrepreneur and staying true to yourself along the way, and as part of the Quotable mission to amplify the stories of women-owned businesses, she’s interviewing female entrepreneurs who are doing it all too. Hear from others who have overcome their challenges and seen success in their own unique industries. From product based businesses, to e-commerce and digital marketing, to finance gurus and business coaches- there is a story here just for you. If you’re interested in more inspiration and stories of female entrepreneurship check out Quotable’s other platform for amplifying women’s voices, Quotable Magazine, online and in print at quotablemediaco.com/quotable-magazine. Because we’re quotable and so are you. Learn more at www.quotablemediaco.com/podcast and follow along at @quotablemediaco and at @quotablemagazine