5 critical steps to evaluate investing in a new real estate strategy (Minisode)

Are you contemplating a pivot in your real estate journey but grappling with the crucial question: "When is the right time to dive into a new niche?" You’re in luck. We delve deep into this dilemma troubling many women in our investing circles. With the current fluctuations in the market and the struggle to secure financing, it's an opportune time to either explore new avenues or reassess and strengthen what you're already doing.   In this episode, we will equip you with practical tools to discern if you're merely chasing a shiny new object or making a strategic pivot. We'll walk you through scrutinizing your long-term goals, understanding the whys behind your inclination to pivot, and researching potential niches with your community of like-minded people. We also emphasize the significance of aligning your choices with market trends and economic sense. So, get ready for the 5 critical steps that will fuel your self-analysis and strategic planning in your real estate investing. "The most important thing I would say when you're presented with which road to take: stay on the course or shift. You have to go back to your goals… even more importantly, your long-term goals.” (1:48 - 1:59) "I think the honesty and the transparency of the ‘why’ behind even considering [a new strategy] is really important. And I don't think enough people give themselves space to even ask that question." (3:16 - 3:28) Alignment is important. You can't just flip houses because you want to flip houses in a market that, quite honestly, is going down in value. That's just not going to work. So, the alignment with the economy in the market—it's critical." (4:38 - 4:51)   How To Join the InvestHER Movement   InvestHER CON 2024 Austin, TX Omni Barton Creek Resort June 3-4 - "ALL IN – It’s Time to Thrive”   Here is what you can expect at InvestHER CON 2024: Pre-event network, 2 full days of transformational experiences, access to over 20 Sessions with Keynotes and Speakers, recordings from all sessions, access to investors, mentors, and influencers, mindful networking, opportunities to connect with our sponsors + vendors, coffee and lunch included, Final Reception: Red Party, Live 30-day Group Accountability Virtual Session with the Founders Liz and Andresa, Exclusive Breakfast for STRIVE members only.   "InvestHer CON was truly a transformative experience. I have felt so alone for so long and now I feel like I have a community of support. I don’t have to be the master of everything and take it all on my shoulders, I just have to do what I am excellent at." - Heather Giammichele   Join us in. Get your ticket today https://www.therealestateinvesther.com/investhercon   2)  InvestHER Community on Facebook : a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals!    3)STRIVE Membership - for highly ambitious and decisive Real Estate investors looking to grow your Real Estate portfolio on your own terms while making deeper relationships with successful women playing at the same level.  APPLY today at https://www.therealestateinvesther.com/membership   4) InvestHER Meetups Around the Globe : attend in-person meetings held monthly by experienced InvestHER Leaders! Find the location near you: https://www.therealestateinvesther.com/investhercon    5)The Real Estate InvestHER Podcast - straight talk and inspiration for current and aspiring female real estate investors to live both balanced and financially free lives. Subscribe here: https://podcasts.apple.com/us/podcast/the-real-estate-investher-show/id1346815972   6)InvestHER™ ORG with eXp : all-woman investment group for agents and build your personal portfolio while creating generational wealth! Get the benefits of being part of a team without extra fees! Schedule a discovery call: https://www.therealestateinvesther.com/investherorg