Build Wealth with Araceli PODCAST

Is Real Estate Investing Daunting for Beginners? Diving into the world of real estate investing can seem like a daunting task for many. But why is that? In this video, we'll unravel the mysteries behind the challenges faced by new real estate investors. From understanding market dynamics to navigating financial hurdles, we'll explain the challenges and offer insights to help you embark o...

New homes vs older homes Join real estate experts Colette and Araceli as they delve into the fascinating world of older homes versus newer homes in the real estate market. Discover the unique construction styles, potential challenges, and advantages of each option. From foundation quality to electrical wiring, they provide valuable insights and tips to help you make an informed decision when buyin...

Why is having a survey important? In this video, we dive into the crucial importance of property surveys for real estate investors. 🏡✍️ Discover why a property survey is the blueprint of your dream property, and how it can save you from potential disputes and unexpected issues. From understanding boundaries to uncovering hidden easements, a survey is more than just a map—it's your ticket to...

Starting a Real Estate Investing Business Ever wondered about the journey into real estate? Join Araceli and Colette Rabba as they delve deep into this topic! From their personal adventures in the property world to the intricacies of the Canadian and US markets, they've got you covered. Discover the challenges of house flipping, the rewards of long-term rentals, and the crucial role of unders...

Consider this before downsizing, A lot of individuals when they get close to retirement also considering downsizing from their current home and this is a very unique decision for everyone depending on what is going on in your life, here are some of the things to consider making your decision easier.  1.Location - Do you want to remain where you are due to some of the activities you are used to?  2...

How long does it take to get started in Real Estate Investing? This is a question that beginners must ask, and it has many layers as this will depend on many factors from your skills, resources and motivation. Join this discussion today. Subscribe to my Facebook group: www. BuildWealthwithAracelionline.com. -------------------- Learn how to start investing in real estate, join the next masterclass...

What is micro-flipping and who is it for? Microflipping is an intriguing investment strategy that appeals to those seeking to generate quick returns through small-scale real estate transactions. -------------------- Learn how to start investing in real estate, join the next masterclass www.wealthywomenandrealestate.com Get More Involved: Leave a 5 Star Review & Subscribe  https://buildwealthwi...

Benefits of forming a partnership in Real Estate Unlocking Real Estate Wealth: The Advantages of Real Estate Partnerships Many new investors have these questions specially because sometimes they don't have enough money to do it on their own. There are a numerous advantage of getting into a partnership and we discuss some of these in today's show. if you find this magical person that have...

4 ways to build equity in your house Equity is the difference between the fair market value of your house and the money you owe in your mortgage, the more equity you have the better for your financial well-being and the sooner you build this equity the sooner you can build your wealth. Here are 4 ways to build equity fast: 1) Buy a fixer upper - If you are able, have the skills and time to take on...

How often to renovate. Renovations implicate various things and by definition is altering, adding or subtracting to the permanent structure of your home, making changes to walls like adding a door or window, adding or changing rooms layout, flooring, cabinets, plumbing or electrical changes are consider renovations. How often you renovate will depend on several factors. 1) Your financial situation...

Main reasons buyers don't buy. Most people have an excitement when they are looking to buy a new property, but a lot of them don't end of buying for several reasons, the main one as follows: 1) Not having a strategy, there are lots of things to say about this but the main one is having a WHY. This will determine the reasons you are moving, list as many reasons as you can because this wil...

How do you know when to sell? Whether you have been living at the same place or not a life transition is usually one of the main reasons decide to sell, at the end of the day, your decision will affect your financial life these steps will help you decided if you want/need to sell: Self-Reflection, do a timeline and imagine what it would be like and what you would need at time of selling. Do a budg...

Steps and time after your receive an offer Remember that when you are selling this is a business transaction. 1.       Negotiation price and timing to close, also when the deposit is received and time for conditions like financing or inspections. 2.       Timing for appraisal, that is the inspection that will determine the value of the property and this is trigger when a buyer has financing of any...

What is a HELOC and how to use it These questions keep coming up from the audience and we have a few points about what a Home Equity Line of Credit is, how to obtain it, and some of the most common uses. -------------------- Learn how to start investing in real estate, join the next masterclass www.wealthywomenandrealestate.com Get More Involved: Leave a 5 Star Review & Subscribe  https://buil...

Reasons to get decline on a mortgage. Lately in the GTA (Greater Toronto Area) and while talking to mortgage brokers, this seem coming up, people are not getting approved for a mortgage, so today we discuss a few of the things that could be the reason you are declined when applying for a mortgage: 1) Credit score is low - one of the most forgotten things to look at, if your score is low you will g...

What are the benefits of Refinancing Debt is something that most of us cannot avoid, one strategy that can be used to change your financial circumstances and help you build wealth is by doing a refinancing, but this is always that has to be done along side professionals to ensure you don't fall in the trap of doing a refinance again. Guest speaker Raman will give us some benefits of refinanci...

6 reasons for tenants to become home owners. If you are a renter and thinking to become a home owner, here are 6 reasons for you to consider to take the leap. 1. Tenants can be evicted any time after their lease time is up for reasons like the homeowner wants to move in. 2. Waiting for repairs to be done. 3. Restrictions like not being able to customize your home, not having pets, not being able t...

Wh at is the difference between the letter of opinion vs Appraisal These 2 documents are very similar but are not the same, in this episode we describe what they are how to obtain them and when to use each one. -------------------- Learn how to start investing in real estate, join the next masterclass www.wealthywomenandrealestate.com Get More Involved: Leave a 5 Star Review & Subscribe  https...

Easy DIY projects to transform your outdoor space One of the things that home owners need to do every year is maintenance and when the warmers months come to your location is always nice to dress up the house as well, here are some very inexpensive projects that will add appeal to your house and that will not break the bank. 1. Add planter boxes to your front door, back yard or balcony if you are...

Things to consider that could be fun for your estate planning As you accumulate assets specifically property more planning for the future and to protect your legacy needs to be done. This is not the most fun topic, but a necessary evil. A very light conversation about some of the options that you have and how to make your wishes known and protect the people that you leave behind, estate planning i...

Say Goodbye to Real Estate Stress: Let a Realtor Take Care of These 8 Hurdles for You! 1. Negotiating and knowing how to negotiate for you. Not the other party. 2. Emotional support and encouragement 3. Staying on top of paperwork 4. Knowing the law and how to keep you legally in the best position 5. Understanding the local market and culture of the area 6. Marketing your home effectively to get t...

Things to keep in mind when renovating a condo If you have a condo and want to do an update, here are some of the things to consider as there are some unique circumstances that are very different from renovating a single family home or multi-family. Summary of the points: 1) Ask the condo board what you are allowed to make changes to 2) Major changes to plumbing or electrical may not be possible 3...

Investing for the Future: How to Make the Most of Your 1 Million Dollar Windfall! A million dollars or any amount that you have come across, maybe you inherit money or won a lottery prize, what happens and what can you do with it to maximize your wealth. -------------------- Learn how to start investing in real estate, join the next masterclass www.wealthywomenandrealestate.com Get More Involved:...

Save Money or Save Time? How to Choose Between DIY and Professional Services for Your Home! For Home owners or real estate investors is so important to know when and where to do a DIY or hire a professional. We will give you some tips to make you decide. -------------------- Learn how to start investing in real estate, join the next masterclass www.wealthywomenandrealestate.com Get More Involved:...

Unlock the Power of Long-Term Rentals: 3 Reasons Why This Investment Strategy is a Game Changer! Having a long term rental is a strategy that is not for every investors, but is this a strategy you are considering there are some benefits that you will have by following this strategy. -------------------- Learn how to start investing in real estate, join the next masterclass www.wealthywomenandreale...