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:
The Real Estate InvestHER® is more than a community - it is a movement. Our mission is to empower women in real estate 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 receive the support, knowledge, and accountability to live life on their own terms.
How To Join the InvestHER Movement
1. The Real Estate InvestHER Membership
This one-of-a-kind membership offers women investors a supportive community and a step-by-step roadmap to create a steady recurring income to live life on their own terms. Members receive custom content that specifically helps them wherever they are on the path to financial freedom, on-demand and live events that fits into their busy schedules, and mentorship and accountability to propel them to take their business to the next level while taking care of themselves in the process. Join here.
2. The Real Estate InvestHER Podcast
The weekly show that has been downloaded hundreds of thousands of times across the globe details the journey of the most amazing women real estate investors, who open up their lives and share practical and strategic tools for building wealth, becoming financially free, and the mindset to balance it all.
3. InvestHER Community on Facebook
We have thousands of experienced and newer community members in our free Facebook InvestHER Community group. This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals! Join here.
4. InvestHER Meetups Around the Globe
We have thousands of Meetup members attending dozens of InvestHER Meetups across the country and Canada. Meetups are being held monthly by experienced InvestHER Meetup Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Meetup Leader HERE!
5. Amazon Bestseller: The Only Woman in the Room by Ashley Wilson
Twenty 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.
“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)
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