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User Stats

5
Posts
2
Votes
Maria D Manriquez
Pro Member
2
Votes |
5
Posts

Property 1 bought

Maria D Manriquez
Pro Member
Posted

I found an amazing real estate agent/Mentor here in BiggerPockets. From our initial call to today, has been 2weeks. I read the book Rental Property Investing by Brandon Turner, did some research, played with the buying calculator and rental, listened to some podcast. A whole month in really vested in doing this and here I am today with one contract signed. I'd say I hope for my best, but I will continue to learn and make sure I make it the best. I plan to be posting in about 60 days when property is rented out. 

A genius learns from others' mistakes. I don't know if that is word for word but its Einstein.

#autismawareness

  • Maria D Manriquez
  • User Stats

    1,671
    Posts
    1,690
    Votes
    River Sava
    Pro Member
    #1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
    • Lender
    • USA
    1,690
    Votes |
    1,671
    Posts
    River Sava
    Pro Member
    #1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
    • Lender
    • USA
    Replied

    Hi Maria, congrats on your first property!

    Is it a rehab or turnkey?

  • River Sava
  • [email protected]
  • User Stats

    5
    Posts
    2
    Votes
    Maria D Manriquez
    Pro Member
    2
    Votes |
    5
    Posts
    Maria D Manriquez
    Pro Member
    Replied
    Quote from @River Sava:

    Hi Maria, congrats on your first property!

    Is it a rehab or turnkey?


     Yes thank you

    Turnkey because it’s a new build 

  • Maria D Manriquez
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    User Stats

    19
    Posts
    5
    Votes
    Manuel Mungaray
    • New to Real Estate
    • Santa Barbara
    5
    Votes |
    19
    Posts
    Manuel Mungaray
    • New to Real Estate
    • Santa Barbara
    Replied

    Hello Maria! Sounds exciting. Im working to get my first one done, Keep going you Inspiration

    User Stats

    76
    Posts
    50
    Votes
    Maureen McCann
    • Investor
    • San Diego, CA
    50
    Votes |
    76
    Posts
    Maureen McCann
    • Investor
    • San Diego, CA
    Replied

    Maria...Congratulations on closing on your first investment property! Wow, girl...you soaked up the information and took quick action. BRAVO!!  Investment real estate is such a great way to build long-term wealth.  New BTR properties are exceptional and perform very well.  The new builds tend to attract better-quality residents.  They tend to stay longer and take better care of the property. 

    I'd love to see your follow-up message in 60 days. 

    I have been in investing real estate for the last 16 years both as an investor and as an operator.  I love helping women create wealth in real estate. Keep up the great work! Cheers!

    User Stats

    88
    Posts
    52
    Votes
    Matthew Gentile
    • Real Estate Agent
    • Worcester, MA
    52
    Votes |
    88
    Posts
    Matthew Gentile
    • Real Estate Agent
    • Worcester, MA
    Replied

    Congratulations, Maria!

    Very happy for you taking the leap into Real estate investing, it's a venture that some folks never get off the sidelines for. Kudos to you. 

    Is this build a multi-family home or a SFH? Excited to see your 60 day update.

    Goodluck!

    User Stats

    5
    Posts
    2
    Votes
    Maria D Manriquez
    Pro Member
    2
    Votes |
    5
    Posts
    Maria D Manriquez
    Pro Member
    Replied
    Quote from @Maria D Manriquez:

    I found an amazing real estate agent/Mentor here in BiggerPockets. From our initial call to today, has been 2weeks. I read the book Rental Property Investing by Brandon Turner, did some research, played with the buying calculator and rental, listened to some podcast. A whole month in really vested in doing this and here I am today with one contract signed. I'd say I hope for my best, but I will continue to learn and make sure I make it the best. I plan to be posting in about 60 days when property is rented out. 

    A genius learns from others' mistakes. I don't know if that is word for word but its Einstein.

    #autismawareness

    Update: house is on 1.5 months rented. Working, more like searching for house no.2!
  • Maria D Manriquez
  • User Stats

    621
    Posts
    347
    Votes
    Sarita Scherpereel
    Agent
    • Real Estate Agent
    • Chicago, IL
    347
    Votes |
    621
    Posts
    Sarita Scherpereel
    Agent
    • Real Estate Agent
    • Chicago, IL
    Replied

    That's awesome! Thanks for the update. Really great that you're already looking for the second one!