Are you a victim of Market FOMO? (Minisode)
With social media fueling the real estate frenzy, it’s easy to feel that you’re going to be left behind if you don’t jump into every opportunity that comes your way. Whether you’re a first-time buyer or a seasoned investor, FOMO is real, and it can lead to a lot of bad investments and regrets. In this minisode, Liz and Andresa discuss the dangers of FOMO or the fear of missing out. Liz stresses the importance of focusing on a specific market. By niching down, you’ll be able to gain expertise in that area and develop more long-term relationships with brokers and realtors. Don’t let FOMO stop you from making smart decisions. Tune in now! Quotes • “I just mean focusing on a market. And really, what does that mean? That number one, you start to look at that market as a long-term play.” (3:32-3:40) • “The opportunity to build relationships is critical when you're focusing on a market rather than popping into different markets." (4:41-4:47) • “You know, with regards to under-the-radar markets, once you focus, you got to have local boots on the ground.” (6:38-6:43) • “Don't get mixed up with the fear of missing out. You need to focus on a market and determine the type of market is, what type of asset class you want to go after, and what type of market you want to get into, how close, how local, all questions you can start to navigate.” (7:31-7:40) • “Had we been so diverse and distracted, I don't think we would have as many units in that area and really be able to leverage with a partner like a property management company.” (8:10-8:20) • “Focus on a market and go all in on that. Build those relationships and start making things happen.” (8:27-8:31) InvestHER CON Time: June 23-24 Place: Charlotte, NC InvestHER CON is a full circle transformational experience created with the women investors’ needs, desires, and schedules in mind. The event brings top-notch experts in Real Estate Investing, Business Strategies, and Self-Care who will push the boundaries, expand the mindset, and promote deeper connections among the attendees. Learn from real teachers who will share actionable strategies so you can leave the event with the knowledge, connections, and confidence to grow your investing business and live life on your own terms. Get your ticket today: https://www.therealestateinvesther.com/investhercon How To Join the InvestHER Movement 1) The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses, and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves. Subscribe via: Apple Itunes Spotify Amazon Music Android Stitcher 2) The Real Estate InvestHER Membership STRIVE is a one-of-a-kind membership for experienced women investors looking to make deeper connections and take their Real Estate business to the next level. It is more than a transactional membership, and it is a transformational experience for women looking to live life on their own terms. Apply today. We open doors in June. https://www.therealestateinvesther.com/reserve 3) InvestHER Community on Facebook We have thousands of members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals! 4) InvestHER Meetups Around the Globe We have Investher Meetup members attending in-person meetings across the country and Canada. Meetups are being held monthly by experienced InvestHER Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Leader HERE! 5) InvestHER™ eXp Team Our mission is to empower women in Real Estate to live a financially free and balanced life, and we are extending our support to Real Estate agents worldwide. We have created exclusive content and support for the InvestHER™ eXp Team: *Top skills and strategies to grow YOUR business *How to utilize your “real estate agent” advantage to become a real estate investor *Monthly live masterminds *Become part of Libertas Organization with top coaches, Tim and Julie Harris. Jonna Hall Weber is leading our team. If you have any questions or are ready to join our team, click here to schedule a call with her. Learn more about your ad choices. Visit megaphone.fm/adchoices