Virtual Real Estate Investing Offers an Alternative Strategy for Women

As the world continues to shift more to online business, virtual real estate investing provides a way for women investors to grow their business despite in-person restrictions still in effect in many parts of the country. In fact, virtual investing works well for women anytime.

Traditionally, women investors face barriers to find financing, networking and knowledge opportunities. Men dominate real estate investing. Also, the market wasn’t created with female success in mind. Yet, women thrive at real estate investing.

Virtual real estate investing generates a way to break down barriers to entry. Women can access investment opportunities from anywhere. In fact, with virtual investing, you can target the best investment markets in the country all from the comfort of your home.

What is Virtual Real Estate Investing?

Virtual real estate investing takes traditional real estate investing online. With virtual real estate investing the investor uses tools, like video conferencing, to find and close deals remotely. Virtual real estate is simply investing in real estate using online tools to find, purchase and sell properties without the need to connect in-person.

The flexibility to continue to grow your business remotely is the biggest benefit of virtual real estate investing. For times like the current pandemic and even if your local market isn’t in great shape for buying or selling, you can broaden your perspective with virtual investment.

Virtual Real Estate Investing Toolkit

As we said, virtual real estate works well for women. In fact, the COVID-19 shutdown hit women the hardest. With job losses and school closures, daily life changed drastically. Yet, the good news is that with a desire to learn and step outside the box, you can grow your business with virtual real estate investing.

As technology grows across the world, new tools continue to enter the market regularly. Stay on top of the latest news and industry leaders to remain current with new information, technology and regulations.

Video conferencing tools – Online tools like Zoom, Google Hangouts and Facetime provide a way to make a personal connection from anywhere. However, be flexible. Quarantine fatigue may make more people comfortable with a traditional phone call.

Online real estate sites – Find properties and learn about new markets with sites like Zillow and Trulia.

Real estate market reports – The National Association of Realtors and many state and local real estate associations offer informative online market reports with up-to-date information.

Google Earth – Google Earth offers a satellite view of properties almost everywhere. Use this tool to understand the surrounding area of a potential property.

Local government websites – Most counties and towns have websites with lists of probate, tax delinquent and foreclosure properties. Before you move forward with a deal, check the current shutdowns and essential business listings to determine allowable activities.

Virtual Real Estate Guide for Success

Building a strong virtual real estate investing business means you need a specific strategy for success. Like with other investment strategies, a solid business plan and organized approach leads to greater achievement.

Organized administrative process – You need an organized process and tracking system to stay on top of virtual real estate investments.

A solid support team – Some real estate activities do require a local presence. Locate contractors to help with on-the-ground support, like renovations and property tours.

Online real estate investment groups and mentors – A strong network not only helps you find deals, it also helps you avoid mistakes and learn about new investment strategies.

Social media and website – Online tools, like an effective website and social media provide a way to reach people via the internet.

Benefits of Virtual Real Estate for Women

Women investors thrive with virtual real estate investing. As we’ve seen more recently, women often bear more of the weight with family responsibilities while also balancing traditional work and their investment business.

Virtual real estate means you don’t have to be physically present to move deals forward. This flexibility allows you to buy and sell real estate from your home. Plus, now with most childcare options unavailable, virtual real estate allows moms a way to take care of their families and work.

Being the only woman in a male dominated field can feel intimating. When you aren’t in the room with only men but instead communicate online or over the phone, that intimidation fades. Virtual real estate investing is a great way to even the playing field.

Virtual real estate investing gives women a route to financial freedom and independence, even when much of the world feels out of our control. It’s a way to guide your own success and future.

Think Outside of the Box

One way to move forward in uncertain times is with creativity. Don’t be scared to think outside of the box. Women have strong intuition. Now is a great time to listen to your inner voice as you make decisions.

We know new pursuing new strategies creates discomfort, but remember it is worth it to take calculated risks. While virtual real estate investing may feel unusual, it is a proven and accepted method.

Start with virtual wholesaling, which translates well online. In fact, much of wholesaling occurs without in-person contact in normal conditions. Investing in a virtual wholesaling deal may give you the confidence to try other real estate investing strategies virtually.

Overall, trust in yourself! You are capable. With the right tools and knowledge, you’ll pave a path to wealth with virtual real estate investing.