EP 291: How much profit should I make?
Aug 02, 2022
One of the reasons people go into real estate is to build wealth. However, a lot of investors still struggle to charge what they’re worth and actually make money on a deal. Most of the time, it is left as an afterthought and they end up taking less than what they worked for.
In this minisode, we tackle why personal profit should be a priority. Andresa offers simple strategies to help us put a price on our time and skills depending on the situation. Together with Liz, they also ask women to consider the value of learning and when it is okay to profit less.
Quotes
• “I encourage all women to add that line item (profit) way above, not the last one, because that is your number. That is your worth.” (3:47-4:02)
• “When I'm going solo, it’s a hundred percent of my time. When I am going with partners, it's not a hundred percent of my time. Therefore, I am okay taking less.” (6:19-6:31)
• “Far from my house is just a no. I don't care about the profit.” (7:40-7:43)
• “I don't want women to feel bad about making money. If you were able to make money on that… You're fine. You keep going.” (10:49-10:59)
• “What type of lending am I using? Because my profit will vary if I'm using my own cash." (11:02-11:08)
• “How much is it worth to you to get the experience? Because sometimes profit is going to become secondary over the experience of the opportunity.” (11:52-11:59)
How To Join the InvestHER Movement
1) InvestHER CON 2023
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5) InvestHER Community on Facebook
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