The Psychology and Strategies for Dealing with Today’s Economic Climate

With swift shifts is the real estate market and economy, it’s time to sharpen your axe. On today’s episode, we talk with Monick Halm, investor and educator, about the lessons she learned during the last economic downturn and the actions you can take now to best position your investments during this epidemic. We discuss the true meaning of the word “crisis” and how you can poise yourself to take control of your life and the opportunities in front of you by flipping your focus and moving against the crowd. Monick also shares her loss mitigation strategy and how to provide resources to your tenants and serve them in a time of need. Monick Halm is an educator and advocate for women to create passive income streams through real estate investing. Her mission is to assist 1 million women to achieve financial freedom through real estate. She is the founder of Real Estate Investor Goddesses and is herself a real estate investor and syndicator with over 14 years of real estate investing experience in multi-family, mobile home and RV parks, flipping, commercial, vacation rentals, and ground-up development. Together with her husband and her investors, she owns over1300 rental units across 6 states. She is the #1 bestselling author of The Real Estate Investor Goddess Handbook and Wealth for Women: Conversations with the Team That Creates the Dream, and host of the Real Estate Investor Goddesses Podcast. She is also a Real Estate Strategy Mentor, keynote speaker, recovering attorney, certified interior designer, avid world traveler, wife and mother of three amazing kids.   On today’s episode, we discuss a ton with Monick, including: How real estate saved her during the last downturn when she was pregnant and unemployed How to shift your mindset during times of uncertainty Her biggest investing mistakes and lessons learned The importance of lifelong education Actions you can take now to hit the ground running when opportunities arise   Books/Resources Already Free: Buddhism Meets Psychotherapy on the Path of Liberation The Game of Life and How to Play It (Prosperity Classic) Real Estate Investor Goddesses Podcast   Real Estate Investor Goddess Handbook; Wealth for Women: Conversations with the Team that Creates the Dream Viral Marketing and How to Craft Contagious Content by Jonah Berger   FREE GIFT The Real Estate Success Blueprint: 7 Crucial Steps to Be a Successful Real Estate Investor.   Contact Information RealEstateInvestorGoddesses.com Real Estate Investor Goddesses Facebook Real Estate Investor Goddesses Twitter Real Estate Investor Goddesses Instagram   How to Survive & Thrive Through Real Estate Virtual Summit: The Strategy and Psychology to Be Successful in this Economic Climate: It’s happening April 7-9. For this summit, we brought 12 extraordinary women ( experts in money mindset, economic forecasting, real estate tax strategies, and in asset classes poised to do well in a recessionary environment) to share with you the exact strategies and mindset you need to get on the others side of this economic storm better than ever.  You’ll learn: How to find the great opportunities that exist in real estate for this market How to psych yourself up so you’ll be able to move forward with confidence and take advantage of them What real estate investment opportunities to stay away from too Register for the summit here!   Looking for Funding? Ladies, you need to check out Fund That Flip! We are excited to tell you about Fund That Flip, a company we are very proud to call our sponsor. Fund That Flip is the leading provider of fast, convenient, affordable capital for experienced real estate investors who buy and rehabilitate residential properties. To date, they have helped hundreds of real estate investors grow their businesses by funding thousands of deals. You deal directly with them, getting your deal funded in as few as 10 days.  85% of their customers come back to do more business with them because of their dedication to exceptional service. It’s why they were named No. 42 of Inc.’s fastest-growing companies in America.  What do they fund? ·     Fix-and-flip ·     New construction ·     Buy and Hold Properties ·     Cash-out refinance projects from 1-4 units Real Estate InvestHERs, Get $500 towards your next closing! Check them out by visiting – www.fundthatflip.com/investher  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 Stitcher  2)  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! Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvesther