Real estate investing aims to increase wealth, independence, and confidence. Women real estate investors need help with challenges such as a lack of female role models, discouragement, and lack of knowledge.
According to Gunjan Goel, Director of Goel Ganga Developments, understanding different investment strategies and assets is crucial to building a solid real estate investing portfolio.
- Expand your network by creating a qualified buyers list and connecting with other women in the industry.
- Diversify your portfolio by investing in different geographic locations and periodically reviewing and making desired changes.
- Using the money from refinancing other properties to buy more capitalizes on the appreciation of property value without triggering capital gain taxes.
Read More: How female investors can build their real estate portfolio