Changing careers and not sure where to start? Today’s guests share how they knew it was time and steps you can take to get there. On today’s episode, we talk with Palak Shah and Patricia Red Hawk on how the made the transition to a new full-time career in real estate.
Palak and Patricia both started climbing the ladder in their careers but quickly realized that their current jobs didn’t align with the lives they wanted to live. Once they became crystal clear on their vision, they each took a leap of faith and started working in real estate full time. These ladies share how to get that clear vision which was so vital to their change, the steps you need to take to ensure a successful transition, and how the skills you’ve gained thus far in your career are not wasted as they can be used in the real estate industry.
Dr. Red Hawk is an award-winning residential remodeler and experienced real estate investor with dozens of projects completed. She is a true “utility player” with a broad skill set in the investment space utilizing multiple strategies including BRRRR, Fix-and-Flip, Value Add/Forced Appreciation and Wholesaling to great success.
Today Dr. Red Hawk is a full-time real estate investor and business owner, living with her wife and kids in the Pacific Northwest. She swims a mile a day, enjoys riding motorcycles, painting, sailing, teaching investing/wealth building and great BBQ. Every February she is heard to say, ”…maybe this is the year I buy a sailboat…”.
Palak Shah is the founder and owner of Open Spaces Capital that generates over $1M in revenue. An Engineer by trade, after the birth of her two kids she decided to make the move to entrepreneurship to be able to spend more time with her children. She brought her knowledge and 17 years of experience in building systems, processes and scaling from her corporate career in engineering leadership to fast track her real estate investing journey.
In her first two years investing full-time, she purchased, renovated, rented, and refinanced properties creating a $4M rental portfolio. It is now her passion to empower other investors to pursue entrepreneurship through real estate investing to live an empowered and financially free life without taking undue risks or over-leveraging through her coaching program at Open Spaces Women. Follow her on Instagram @openspaceswomen for tips and motivation for building and scaling your buy and hold portfolio.
On today’s episode, we discuss a ton with Palak and Patricia including:
Tactical steps to take to become a full-time investor The conversations you need to have with yourself before making the transition Exercises you can do to get a clear vision for your life How to evaluate your current skills to dominate in real estate
Contact Information
Dr. Patricia Red Hawk
Palak Shah
In The Only Woman in the Room, 20 incredible women share how they were able to achieve financial freedom in a world historically dominated by men. From residential to commercial, this book is packed full of knowledge and inspiration on all facets regardless of where one is in their real estate investing journey. Our passion behind this book is to help women secure a financially strong future especially during these unprecedented and uncertain times.
The early reviews for The Only Woman in the Room - Knowledge and Inspiration from 20 Successful Real Estate Women Investors have been amazing!
“Throughout my career there were multiple occasions where I have stood as the only woman in the room. This powerful book is a must read and I only wish it had been available early on in my career!”
-Barbara Corcoran
Founder of The Corcoran Group
You will learn TONS of tips, strategies and “hacks” to implement immediately in the following areas:
Creatively finding and financing deals Getting started Scaling a multifamily portfolio Raising private capital Marketing Construction Management And Much More!!BUY THE BOOK NOW!
https://therealestateinvesther.mykajabi.com/book
InvestHER Community
Our mission is to support and inspire women real estate investors around the globe to live a financially free and balanced life. We are dedicated to creating empowering online and in person communities where women have a non-intimidating environment to ask questions and receive the support they need. Our vision is to see all woman investors achieve her financial freedom goals on her own terms.
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 Itunes Subscribe via Android Subscribe via Stitcher2) InvestHER Community on Facebook
We have 2k+ 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!
3) InvestHER Meetups Around the Globe
We have over 4k+ meetup members attending close to 25 InvestHER Meetups 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!
