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Welcome to Our Special Issue on Women in Real Estate Investing!
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Whether it's fear that real estate finance is "too complicated" or family members who discourage them from purchasing property on their own, women, more so than men, struggle with money and investing issues. Yet, the numbers tell a new story - single women are purchasing real estate in record numbers. In this issue we bring you three women who share their experience and advice on how you, too, can take charge and reach your financial and real estate investing goals.
Yes, real estate is a "numbers" game and women who think they're "not good at math," may bypass investing altogether. Yet as Ann Bellamy explains in her article, "How to Become Financially Literate Without Getting a Degree in Finance," you can become a real estate finance wiz. All it takes is patience, curiosity, the drive to learn new things - and a great network.
If you've been considering real estate investing, but can't seem to get off the couch, it may be you're carrying around old money baggage handed down from your family. Says Szifra Birke, "It's still a pervasive 'myth' in our culture that a woman can't or shouldn't buy a house on her own." In her article, "Three Tips for Updating Your Financial Myths," Szifra explains how to let go of these limiting beliefs in order to reach your goals.
When Linda Valentine found out she couldn't follow her fulltime job to North Carolina, she knew she was up against a wall. Because she was near retirement age, companies didn't want to hire her. So what did she do? She turned to real estate investing! In her Nothing Succeeds Like Success interview, she talks about how she took a "hobby" and turned it into a fulltime job - and a second career.
In this month's Mortgage Minute, Debbie Siegel explains how the recent bankruptcies on the part of sub-prime lenders are impacting real estate investors. From tighter rules to fewer funds for non-conforming loans, this new environment means all investors need to have their financial houses in order.
* Next 37 17 investors only!
Best regards,
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Jeremy B. Shapiro
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Sheila Farragher-Gemma
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Co-Founders, ForeclosuresMass.com
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