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EP 150: Strategies to Change Careers with Confidence

rentals w2 Dec 18, 2020

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
www.patriciaredhawkmd.com
Instagram - redhawkmd

Palak Shah
Instagram - openspacewomen
www.openspacewomen.com

 

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