#131: Adelaide & Renate Carriere - Never Too Young, Never Too Late
b'
#131: Adelaide & Renate Carriere - Never Too Young, Never Too Late
On this week\\u2019s show Gary chats with Adelaide Carriere and her grandmother Renate, who bought their first investment property together. This episode is for new investors, or those considering getting into it. If you\\u2019re 18 or 60, this show talks about the basics and fundamentals of investing, searching for a property, screening, property management and more! Adelaide started as the admin at Smart Home Choice, and became interested in becoming a real estate investor by asking a lot of questions, and deciding to invest at age 18!
WHAT YOU\\u2019LL LEARN:
- How did Adelaide start out and become interested in real estate
- The books she read at age 12, and books her grandmother read as well
- Why they chose to invest together
- How they researched for a property
- Where they chose to invest
- The issues with the property and maintenance
- How they divide duties for joint ownership
- The tenant screening process
- Some of their favourite quotes
- And MORE!
Adelaide\\u2019s Bio
Adelaide Carriere\\xa0is a 20-year-old entrepreneur, real estate agent & real estate investor on a mission to\\xa0lead with intent, inspire people, and innovate.
As a young girl, Adelaide loved to read books and would take any opportunity to learn from the people around her. At age 12, Adelaide picked up 2 books that would change how she saw the world & reshape her mindset.\\xa0The Secret\\xa0by Rhonda Byrne and\\xa0Rich Dad, Poor Dad\\xa0by Robert Kiyosaki taught her the importance of financial literacy and a positive mindset. After reading both books several times, Adelaide knew her purpose was something greater than she\\u2019d imagined but didn\\u2019t know where to start.\\xa0
Adelaide was accepted into university but decided to pursue real estate instead and completed the Humber Real Estate\\xa0Salesperson program in 2021. Her initial interest in real estate began in March 2019 while employed at Smart Home Choice. One day Adelaide asked at what age she could begin investing and Gary revealed that she could start now if she wanted to.\\xa0The conversation propelled her on a journey of determination to see if it was true that she could own property despite being young, financially unstable, and unable to qualify for a mortgage.
October 2019 while at an event featuring the world\\u2019s best motivational speaker, Les Brown, Adelaide was introduced to Mathew Frederick, a real estate investor with over 30 years of experience and many mentees. After a little persistence, Mathew agreed to mentor Adelaide as well.
With the support and encouragement of her mentors, Adelaide convinced her grandparents to take a chance and invest with her. Now, she and her grandmother Renate, are on a mission together to create generational wealth and encourage others to do the same. Their goals are to show people under 30 that they don\\u2019t necessarily need to follow what society says and should feel comfortable taking a chance, while showing people over 30 the importance of building generational wealth for their families.
\\xa0
In March 2020 during the Covid-19 pandemic, Adelaide & Renate partnered to purchase their first investment property in Pembroke, Ontario.
\\xa0
Renate Carriere was born in the Czech Republic and was 13 years old when her family immigrated to what they called \\u201cthe land of opportunities,\\u201d bringing only a suitcase and being unable to speak the English language. As her family attempted to establish a new life in Canada, Renate watched how her parents purchased land near water to build a cottage, purchased their primary home, and then several rental properties. Renate saw it, but never knew HOW it was done.
Growing into a young and curious adult, she became an entrepreneur and this spirit followed Renate throughout her life. She\\u2019s had businesses from cleaning, pizza takeout, to owning a working farm.
Aside from her parents, Renate\\u2019s first experience investing in real estate began when she and her husband purchased land and built a home in Pickering, Ontario. The home consisted of one 2-level main unit, and 2 lower basement units one under the other (as the home was on a hill.)\\xa0 After considering the benefits of her own previous real estate investment, she decided to take a chance (now 37 years later) and invest with Adelaide as she trusted that Adelaide had the knowledge and tools that could contribute to a successful partnership. Renate plans to grow their portfolio and educate the rest of her grandchildren on the benefits of real estate investing.
Website/contact info for guest
Instagram: callmeadey
Web: https://www.workwithadelaide.com
Resources:
The Secret
Rich Dad Poor Dad
This episode proudly sponsored by AGHI Home Inspections and Brian Daley.
Whether buying or selling a property, AGHI recognizes that the process can be stressful. It is critical that any decision you make be one that is based on knowing all of the facts. Purchasers, vendors, insurance companies and lending institutions have come to recognize the professionally trained residential home inspector as a credible source of key information vital to making these decisions, and AGHI has been doing it for over 15 years!
\\xa0
Contact http://www.bookahomeinspection.com\\xa0 or call (416) 526-7482
Interested in learning more about Real Estate Investing? Visit\\xa0https://www.smarthomechoice.ca
To learn more about Gary\\u2019s mentorship program, visit https://garyhibbert.ca
'