Wealth Building: Why Hispanics Don't Invest--(with Carlos Amaya) | REM #159

Growing up in a Hispanic household, we weren’t taught about building wealth or financial freedom. We were curious to know if we were alone in this. But, the reality is that we’re not. In 2019, only 5% of Latinos reported receiving a type of monetary or estate inheritance. While there are many factors that go into this, we wanted to dive into the reasons behind why Hispanics that have the means to invest in real estate don’t. This topic isn’t just relevant for Hispanic or Latinos. It’s useful for anyone who wasn’t taught about how to make money, invest it, and build generational wealth by their family or schools. The importance of this topic is why we decided to have today’s guest on. Carlos Amaya, along with his wife Juliana Estrada, co-host Hablemos de Real Estate, a show and platform dedicated to providing information and tools to the Latino community in everything related to Real Estate, Family and Finance. He also founded a mastermind where he helps people achieve financial freedom through real estate investments. He is a limited partner and a general partner in multifamily projects in Texas, Florida, and Louisiana. We talk to Carlos about how he got into real estate, why he eventually began buying smaller multifamily, and his journey to scaling into larger assets. We also touch on common money misconceptions that members of the Hispanic community as well anyone without financial education may have. Topics range from why Latinos don’t invest, how our sources of news and information can impact our wealth, common limiting beliefs newer investors have, and how Carlos is determined to build and preserve wealth by empowering his children with the right knowledge and tools. This episode is filled with gold nuggets, such as how to overcome your own limiting beliefs, how to teach your children to keep their wealth, and how to change your view of money. Make sure to tune in! Connect with Carlos: Website: http://hablemosderealestate.com/ Facebook: https://www.facebook.com/hablemosderealestate Instagram: https://www.instagram.com/carlosamayanewyork/ If you want to download our FREE 3-Step Passive Investing Checklist, go to https://www.donisinvestmentgroup.com/checklist.  Follow Us: @donisbrothers on Instagram, Twitter, Facebook @Donis Investment Group on Linkedin Website –  www.donisinvestmentgroup.com