THE THOUGHTFUL ENTREPRENEUR PODCAST
In this episode of the Thoughtful Entrepreneur, your host Josh Elledge speaks with the Real Estate Investor and Coach of Wealth Building Concierge, Tamar Hermes.
Staci advises that anytime is a good time to invest in real estate. However, it is an interesting time today to invest due to the shift in the market bringing about new opportunities. Staci explains that the best avenue for real estate investment is different from person to person and can depend on factors such as portfolios, connections, and lending. Connection to investments and returns is quite rare as many individuals are trying to understand their positions and make a profit off of them.
Staci explains that women are more cautious when it comes to risk which allows for advantage once mitigating risk has been learned. Real estate has a large focus on connections and relationships where women excel at due to being nurturers as biology suggests. Staci explains that buying your first property may have to take place in a different state based on the cost to gain ratio. Low loans are helpful as individuals usually only have to put 3% down to obtain their first home. Partnerships and passive investment resources are other avenues to get started if an individual does not want to go into it alone or put all their time into it.
Key Points from the Episode:
- Why now is the time to look into real estate
- Avenues of investment
- Connection with returns
- Advantages to the feminine perspective
- Real estate investment scenarios
- How to work with Tamar
About Tamar Hermes:
Tamar Hermes is a Los Angeles native, who has lived in San Francisco, New York City, and Rome over the years. She holds a B.F.A. from Pitzer College in Film/Fine Arts and studied Art and Art History at The American University of Rome, Italy. After years of building successful companies and working in creative roles, Tamar decided to dedicate her life to art, particularly the art of portraiture. Her mission is to spread a love and appreciation of portraiture and watch how it enriches the lives of others. Her varied experience gives her a unique talent for curating portraiture that captures the essence of the subject and the heart of the viewer. Tamar believes that personal art is the best gift one can give or get as it decorates one's life visually, spiritually and emotionally.
03:07 – “It's a matter of realizing what the opportunity is in real estate, which is that you can build wealth, that you can have passive income…”
05:35 – “If you don't have time, which is a huge resource. Also, a huge question that we need to ask ourselves as entrepreneurs, because time keeps getting away from us. So one of the things that you can do is there is to invest passively.”
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Links Mentioned in this Episode:
Want to learn more? Check out the Wealth Building Concierge website at https://wealthbuildingconcierge.com/
Check out Wealth Building Concierge on LinkedIn at https://www.linkedin.com/company/wealth-building-concierge/
Check out Tamar Hermes on LinkedIn at https://www.linkedin.com/in/tamar-hermes-53b9114a/
Check out Tamar Hermes on Facebook at https://www.facebook.com/tamarhermesinternational/
Check out Wealth Building Concierge on Instagram at https://instagram.com/wealthbuildingconcierge
Check out Tamar Hermes’s book The Millionairess Mentality at https://www.amazon.com/Millionairess-Mentality-Professional-Building-Through/dp/1956955291#:~:text=The%20Millionairess%20Mentality%3A%20A%20Professional,9781956955293%3A%20Amazon.com%3A%20Books
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