Build Wealth with Araceli PODCAST

The Ultimate in Customization and Affordability: Discover the Top Advantages of Modular Homes!
Modular homes have been around for some time but not everyone is very clear about the differences and advantages of getting your home done as a modular home.
--------------------
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://buildwealthwitharaceli.buzzsprout.com
Visit my website: https://www.AraceliHernandez.com
Subscribe on YouTube: https://www.youtube.com/buildwealthwitharaceli

Analysis Paralysis

We all have heard the saying analysis paralysis, this is basically the fear of acting on something that we don't have a lot of knowledge on, and this comes mainly from the fear of making a big mistake. We all have it to some degree or another, so how can we overcome this when it comes to real estate investing, join us today in this discussion.
--------------------
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://buildwealthwitharaceli.buzzsprout.com
Visit my website: https://www.AraceliHernandez.com
Subscribe on YouTube: https://www.youtube.com/buildwealthwitharaceli

Should you flip houses in a downturn market?
This is a very common questions about beginner real estate investing, is too scary to see the market changing, but the reality is that the market changes everyday. In this episode we will talk about what happens in a downturn market and what are the mistakes to avoid if you decide to flip houses is a volatile market.
--------------------
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://buildwealthwitharaceli.buzzsprout.com
Visit my website: https://www.AraceliHernandez.com
Subscribe on YouTube: https://www.youtube.com/buildwealthwitharaceli

Is there a better time to invest in RE?
The best time to buy an income property was 20 years ago, the next best 2 other times is NOW and when you are ready. We cannot predict a lot of things happening in the economy, but we can only be responsible for the things that we can control, like our savings and having a plan that we follow. Our discussion today is about doing all the things that will prepare you to do it as soon as possible.
--------------------
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://buildwealthwitharaceli.buzzsprout.com
Visit my website: https://www.AraceliHernandez.com
Subscribe on YouTube: https://www.youtube.com/buildwealthwitharaceli

Know your returns on income properties
Often enough we get the question on how much can I rent my place for or how good is this investment, after they have purchased a property. Save yourself some headaches but doing all your due diligence up front. We will discuss the questions to answer before buying any investment property.
--------------------
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://buildwealthwitharaceli.buzzsprout.com
Visit my website: https://www.AraceliHernandez.com
Subscribe on YouTube: https://www.youtube.com/buildwealthwitharaceli

What to do when the market changes
A variation of the market is going to happen no matter how much you plan, and we are going to discuss a few things you can do to make this transition easier.

1. Talk to your professionals first

2. Know your finances and what you’re comfortable with

3. What are your long term goals and do they still align?
--------------------
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://buildwealthwitharaceli.buzzsprout.com
Visit my website: https://www.AraceliHernandez.com
Subscribe on YouTube: https://www.youtube.com/buildwealthwitharaceli

FOMO in Real Estate
FOMO: What is FOMO? FOMO stands for Fear of Missing Out, and FOMO shows up a lot when it comes to buying property, we see a ton of opportunities out there and for one reason or another we don't take action, what we discuss today is how to manage FOMO when it comes to your real estate investing.
--------------------
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://buildwealthwitharaceli.buzzsprout.com
Visit my website: https://www.AraceliHernandez.com
Subscribe on YouTube: https://www.youtube.com/buildwealthwitharaceli

Top 6 things to Save on your reno

In many cases saving in a reno is a difficult thing to accomplish, but if you follow some of the tips we give you here you may be able to save a lot of money, it would be specially good if you are flipping this house.

1. Shop for sales and store it before hand
2. Shop second hand
3. Reuse where you can, don't move plumbing
4. Retrofit instead of building custom
5. Know where to splurge and where to save - Selling or Staying.
6. Be your own project manager

--------------------
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://buildwealthwitharaceli.buzzsprout.com
Visit my website: https://www.AraceliHernandez.com
Subscribe on YouTube: https://www.youtube.com/buildwealthwitharaceli

How to analyze your real estate investing options
One of the hardest things for beginner real estate investors is to put the different outcomes of the strategy you are choosing. Come up with 2 or 3 exit strategies for any real estate transaction you do and it will be so much easier to make a decision on what to do and how much to do.
--------------------
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://buildwealthwitharaceli.buzzsprout.com
Visit my website: https://www.AraceliHernandez.com
Subscribe on YouTube: https://www.youtube.com/buildwealthwitharaceli

5 extra things to include in your purchase agreement
From the buyers perspective

1. Closing date that works for you. Think of your monthly payments, an anniversary or other significant date that makes sense to you.

2. Inspection clause including things like pool, septic system etc

3. Ask for past maintenance paperwork or purchase agreements for things like the last septic clean out, furnace maintenance, ac, appliances, pool mechanics etc

4. Clause that’s notes “Upon lawyers approval” for purchases especially condos. To find any hidden issues like liens, encroachments or other special assessments.

5. Don’t be afraid to ask for items that aren’t the norm like “fix the broken window” or when it’s seasonal to “open the pool” many sellers want to give the new owners a happy beginning especially when they’ve taken care of the home.
--------------------
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://buildwealthwitharaceli.buzzsprout.com
Visit my website: https://www.AraceliHernandez.com
Subscribe on YouTube: https://www.youtube.com/buildwealthwitharaceli