Real estate entrepreneurship is not an easy task and a lot goes into making it work, says Tyraa Caldwell founder of 'Tyraa Nicole properties' who has been in the business since long and knows its workings in and out. Tasting success in any niche at present not only requires hard work and best efforts, but one also has to stretch well beyond their capabilities to acquire that much desired success. Giving it all and getting results is worth all the hard work put in, believes Tyraa who has been there, done that. She has made it big all on her own as a real estate entrepreneur, and her work from the past 16 years says it all. She has vast experience in working with investors to first time home buyers to luxury housing, including property management and rentals.
Furthermore, she has achieved many milestones in her career spanning more than a decade but wants to give a special mention to her most memorable years which were in 2012, when she successfully crossed more than 2 million in sales from 88 transactions. Then in 2014 she established her own property management company 'Tyraa Nicole Property Management LLC' and in 2015, she obtained her real estate brokers license which was her most desired achievement. There has been no looking back since then as in 2020, she was recognized by property spark as one of the top 50 agents in Michigan and the top 10 entrepreneurs to look out for on social media as well as on Yahoo Finance recognizing her amongst top 20 female entrepreneurs of 2021. Her list of achievements don't end here as in the current year she has succeeded in managing over 250 properties, which has been her target for quite some time now.
Having been able to grasp the workings of the real estate business to its roots, she wants to share a few tips which can help one excel in this field to a great extent, here are her views:
Manage your finances well: Real estate entrepreneurs should start at a basic level and learn how to manage their finances without taking the long leap initially. They first need to learn the ropes and then steadily move forward, which would help in avoiding any catastrophic consequences.
Have a clear vision: Starting small doesn't mean you dream small. Put in all your efforts to scale your business to astounding levels without compromising on the quality of work.
Train under a mentor: Your initial days should be spent under the guidance of a mentor who can guide you right and throw valuable insights on the subject with their knowledge.
According to Tyraa if these few points are kept in mind there can be no stopping in your real estate career, for sure.