Using Real Estate as A Powerful Tool to Build Wealth With Aqui K Dapaah Ep. 096

Meet Aqui, a lawyer turned real estate investor, focuses on multi-family units, land development, and luxury rentals. She founded Financially Savvy Girl Inc, empowering women in Canada to build wealth through investing. In today's episode we discuss:Converting a line of credit into a loan is ill-advised, as it leads to interest accrual on the entire amount rather than the used portion, highlighting the importance of financial literacy.Understanding that banks prioritize their own interests is crucial knowledge in managing finances effectively.Seeking advice from a financial advisor, the goal was to improve credit scores and venture into real estate investments while still struggling with debt.This experience taught the importance of active participation in financial decisions and vowing never to let others decide the future without being informed.Through diligent learning and understanding personal finance, significant six-figure debt was paid off in two and a half years, leading to an appreciation of the benefits of good debt.Blind trust in individuals based on their titles can result in misguided advice, as they may lack understanding of your situation or be unaware of their own limitations. Trust but verify is essential in all areas, including banking, real estate, and legal matters.About Aqui K DapaahAqui is a lawyer by trade, real estate investor focusing on multi family unit, land development and luxury rentals in tropical locations. She is the CEO & Founder of Financially Savvy Girl Inc - a financial intelligence wealth building platform and coaching programs. She is also the co-founder of The Women Investors Network Canada Inc - a national corporation that empowers women all over Canada from all walks of life to build confidence in their inner investing power, network with likeminded women and provide them with tools that will empower to build generational wealth with real estate and other investment strategies.  She is an economic empowerment advocate who sits on a number of board of directors including Invest Ottawa.  She is on a mission to show high earners how to convert their hard-earned money into passive and investment incomes and to empower investors to understand the value of managing your personal finance with intelligence, not over leverage in your real estate journey and yet reach financial freedom and incorporate physical and mental wealth in the journey. Connect with Aqui K DapahEmail:  [email protected]: https://stan.store/financiallysavvygirlInstagram: https://www.instagram.com/financially_savvygirl/Facebook: https://www.facebook.com/groups/2232202150200189Connect With Danielle Chiasson Website: https://letsgetrealestatepodcast.com/LinkedIn: https://www.linkedin.com/in/daniellechiasson/Facebook: https://www.facebook.com/DaniChiassonInstagram: https://www.instagram.com/letsgetrealTikTok: https://www.tiktok.com/@danichiassonBook in a call: https://calendly.com/strategicsuccess/lets-get-real-estate-20-min-chat