Wednesday, December 8, 2010

Women in Real Estate

Women in Real Estate – Build Your Net Worth – and Self Worth
by Sheila Gallagher
The reason I entered real estate is to help women invest in real estate – to build their net worth.
So much emphasis is placed on building self worth – primarily through spiritual and emotional growth – and too often those methods prove lacking and can end in disappointment.  What if you were to redirect your effort in the direction of building your net worth? Would it contribute to your self worth? I believe it would.
How do you feel when you receive payment in dollars for your time/effort? Do you feel empowered? Self sufficient? Joyful? I do.
A few months ago, I worked with a client whose husband left her for a younger woman – an all-too-frequent situation. After the divorce, she had a small balance in her bank account and was renting a one-bedroom apartment in a modest neighbourhood – a far cry from the half-million dollar home she and her husband shared. With an income of $54,000 and $25,000 from the divorce, she bought a condo that was priced below $200,000. In a few months, after the condo is reappraised, she will have enough equity to invest that money into another property.  She stands taller, smiles brighter, and sheds a more joyful presence.  
It’s about making the decision. Seven decisions for success are defined In Andy Andrews book, The Traveller’s Gift. In January 2011, we’ll look at one decision every two weeks. The first decision for success is based on Harry Truman’s famous quote, “The buck stops here.” And, it does. He writes, “I am where I am today – mentally, physically, spiritually, emotionally and financially because of decisions I have made.”
Whether you are educated, divorced or modestly-employed, money holds no prejudice. It can come to those who invest. This gift is available to everyone. Decide today.