Have you ever wondered how to build wealth through real estate investing, even without dealing with tenants and toilets? In this Aid to Assets episode, Host Tiffany Watson sits down with Acquania Escarne, a real estate investor and wealth strategist behind The Purpose of Money, to discuss her journey and portfolio.
Acquania shares her insights on investing in rental properties, hotels, and apartment syndications and reveals the challenges of managing properties from a different state. She also emphasizes the importance of communication and building relationships in the real estate industry. She shares valuable tips on networking and finding reliable property managers and highlights the financial benefits of investing in real estate, such as tax advantages and the potential for passive income.
If you've ever considered investing in real estate but didn't know where to start, this episode is for you. So grab your notepad and get ready to be inspired to take the next step towards financial freedom!
Key Takeaways
00:00:00Aid to Assets Introduction
00:03:26Acquania Escarne’s investing journey
00:08:58Starting with a rental property
00:09:59Expanding into real estate investing
00:12:04Purchasing the first out-of-state property
00:13:04Renovation and finding a tenant
00:17:18Dealing with maintenance issues
00:24:14How she got her seed money
00:24:14Consideration of becoming a landlord
00:26:19How she became interested in RE
00:34:38Finding contractors
00:35:30Renovation process and challenges
00:39:29Making a business pivot
00:44:43Hotel investment opportunity
00:45:53Benefits of investing in hotels
00:46:59Factors to consider in hotel investing
00:55:42The hotel investment
00:56:44Apartment syndication explained
00:57:00Options for investors
00:59:12Tiffany's appreciation
Connect with Acquania
https://www.linkedin.com/in/acquania-escarne
https://www.instagram.com/thepurposeofmoney/
https://thepurposeofmoney.com/
Resources and Links
Rich Dad Poor Dad book by Robert Kiyosaki https://www.amazon.com/Rich-Dad-Poor-Robert-Kiyosaki/dp/0368959090
Free consultation with Acquaina https://thepurposeofmoney.com/
Let’s Chat About Your Goals!
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Connect With Tiffany 🎙️
Linkedin: https://www.linkedin.com/in/watsontiffany/
Instagram: https://www.instagram.com/aidtoassets/
Facebook: https://www.facebook.com/tiffany.aid.to.assets
Website: https://www.aidtoassets.com/