Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 1 year ago on . Most recent reply

User Stats

1,434
Posts
677
Votes
Jason Malabute
  • Accountant
  • Los Angeles, CA
677
Votes |
1,434
Posts

After 3 years of failure...I'm finally a GP on 342 doors

Jason Malabute
  • Accountant
  • Los Angeles, CA
Posted

In 2010, I was looking to open a wine bar in Los Angeles. I made a costly mistake of partnering with the wrong person. This led me to losing thousands of dollars. Basically, my former partner chose to prioritize his new girlfriend over the business. I had to come out of pocket to pay the architect and the city people. My ego was bruised, but at least I didn't have any smuts on my name. Most importantly, I didn't let that experience scare from future partnerships and opportunities. All that experience taught me is to be more selective with the people around me. Fast forward to 2023, I have bought and sold a portfolio of single family homes out of state, I'm a general partner on 342 doors across 2 buildings, and I am in rooms with real movers and shakers. I will be writing an article outlining how exactly I did it shortly . Spoiler alert ...it's all about joining the right mentorship group.

Loading replies...