How To Thrive with a Looming Recession (Minisode)
Are we entering a recession? With this question hanging over everyone’s heads, it’s better to prepare than to panic. Here are some actionable steps investors can take to recession-proof their business and their wealth. In this minisode, Liz and Andresa talk about how to move forward smartly and conservatively in the face of an economic downturn. Getting in touch with banks, doing research, and networking are keys to mitigating risks. Liz also encourages us to find ways to thrive by keeping an eye out for opportunities and making the right calls. Quotes • “There is a varying degree of conservativeness in banks. Some banks are going to still keep lending right now. Some banks are probably being told not to.”(2:27-2:35) “Don't assume that the bank that you're currently working with did not adjust.” (2:45-2:51) • “Start to be mindful of your cash and what's liquid. You should be trying to get liquid on something so you have it to deployed into an opportunity or to just have buffers.” (4:44-4:57) • “Are you, are you doing your market research? Because right now, if people are getting nervous, this is could be a good time to buy.” (5:19-5:25) • “Be mindful of what's happening. In some ways, the market being not so hot is a good thing in and of itself.” (5:31-5:36) • “How the market it is right now, you need to consider what's the worst-case scenario,” (6:41-6:46) • “To thrive in this market and to thrive in any market is to get the data.” (10:40-10:43) STRIVE Membership Doors are OPEN for a limited time! STRIVE is a one-of-a-kind membership for women Real Estate investors designed to amplify your success. Grow your business to its full potential and build generational wealth by focusing on your core genius while leveraging the experience and resources of other women investors. If you have been looking for a way to make deeper connections with like-minded investHERs and scale your business with confidence, then the STRIVE Membership is for you! Apply here: https://www.therealestateinvesther.com/membership 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