Newly married planning for the future

[Benjamin Barraza]

Hello my name is Ben and I'm  newly married man planning for his future. I have a big background in construction and am more than willing to get my hands dirty. I'm in a mentorship of the robuilt airbnb community and am eagerly looking to make something happen in real-estate. I'm hungry and always willing to learn and I tend to think outside the box. Not positive on what real-estate path I want to take, just as long as it's profitable. 

[John Mausteller]

Welcome Benjamin and congrats!  Having a skill like construction will go a long way!  Try out a few areas and see what you like best!  House Hacking is how we started - and did a lot of the updates ourselves in both units (new flooring, tile, etc).  It has been an awesome journey - of course full of ups and downs but all learning experience!

[Wale Lawal]

@Benjamin Barraza

It's wonderful to learn about your building experience and zeal. You'll have a great start in the real estate business with your abilities and desire to learn. As you investigate your options in real estate, keep the following tips and ideas in mind:

Determine Your Real Estate Objectives
Make Use of Your Construction Skills
Examine Various Approaches
Maintain Your Mentorship Learning
Think about short-term rentals and Airbnb
Create a Network and Look Into Local Real Estate Markets
Spread Out Your Investments Financial Planning
Remain Flexible

Remember, your hunger for learning and willingness to think outside the box are powerful assets in real estate. As you explore different paths, stay focused on your goals and be proactive in seeking opportunities. Best of luck on your exciting journey in the world of real estate! If you have specific questions or need further guidance along the way, feel free to reach out.

[Bradley Buxton]

@Benjamin Barraza

Congratulations on your marriage and beginning your wealth building journey.  I'm from SLO and have some good friends from Ojai and Ventura. Amazing area. 

[Mike Paolucci]

@Benjamin Barraza congratulations on tying the knot! 

Have you thought about out of state investing? I'm originally from San Francisco, CA and started investing in 2021. It was pretty hard to find properties where the numbers and landlord laws made sense which is what ultimately led me to investing in Columbus, OH.

Not to mention the upcoming legislation on the November ballot that can really hinder your returns from rental properties. Check out this link for more info. California Prohibit State Limitations on Local Rent Control Initiative (2024). They're calling it the "Justice for Renters Act." They tried passing it back in 2018 but failed and now they've renamed it and are trying it again.

The numbers and landlord laws out here made sense then, and they still do today. I've been able to get a healthy combination of both cashflow and appreciation from all my properties after a little TLC.

Happy to share my experiences. Good luck on your REI journey and property search!!

[Nick Maugeri]

Quote from @Benjamin Barraza:

Hello my name is Ben and I'm  newly married man planning for his future. I have a big background in construction and am more than willing to get my hands dirty. I'm in a mentorship of the robuilt airbnb community and am eagerly looking to make something happen in real-estate. I'm hungry and always willing to learn and I tend to think outside the box. Not positive on what real-estate path I want to take, just as long as it's profitable. 

Congrats on marriage and getting into REI, two sizable commitments that yield high returns when held long enough! I'm in the Central Valley and happy to share development insights and prospective zoning and happenings. CA is offering incentives for new builds, tiny home, and AB1033 encourages ADU's to be conveyed separately. It's a great time to be in development, not necessarily AirBnB in CA due to the ever-increasing restrictions and fire hazard severity zones - but that's still something great to have experience with. Happy to jump on a call and discuss markets! Good luck Ben.

[Elle Grey]

Congrats on tying the knot! Your enthusiasm for diving into real estate is awesome. With your construction background, you've got a solid foundation. The fact that you're part of the robuilt Airbnb community is a smart move. 

Keep that hunger alive, man! Real estate's a maze, but with your willingness to learn and think outside the box, you'll find your path. Just go for what feels right and profitable.

[Greg Parker]

Definetaly use the construction skills to get started.  You can cut out the middle man on renovations and have some instant equity.

[Remington Lyman]

Quote from @Benjamin Barraza:

Hello my name is Ben and I'm  newly married man planning for his future. I have a big background in construction and am more than willing to get my hands dirty. I'm in a mentorship of the robuilt airbnb community and am eagerly looking to make something happen in real-estate. I'm hungry and always willing to learn and I tend to think outside the box. Not positive on what real-estate path I want to take, just as long as it's profitable. 

 Welcome to the site!

[Travis Main]

Hey Ben, 

Congratulations and Welcome! You're in good hands here in the BiggerPockets community. There are plenty of knowledge and resources available for you. If you ever are in need of consultation for financing on your future deals, I would be more than happy to help. 

[Alfath Ahmed]

Quote from @Benjamin Barraza:

Hello my name is Ben and I'm  newly married man planning for his future. I have a big background in construction and am more than willing to get my hands dirty. I'm in a mentorship of the robuilt airbnb community and am eagerly looking to make something happen in real-estate. I'm hungry and always willing to learn and I tend to think outside the box. Not positive on what real-estate path I want to take, just as long as it's profitable. 

 Congrats on tying the knot!  I recommend looking into the Columbus market. A lot of out-of-state investors from the east and west coast are investing here due to the crazy growth over the last 3-5 years. Columbus has become a major tech hub in the midwest with large companies like Intel investing $20 billion, Amazon investing $3.5 billion, Google building 2 new data centers: one in downtown Columbus and the other in right outside of U.S. 33 in Lancaster.

I recommend working with an investor-friendly agent who focuses on cold-outreach methods like cold-calling, cold-texting, etc to bring you off-market deals. That is where you will be able to buy deals tht are 70 to 80 cents on the dollar.

[Kevin Aranha]

Congrats on this new chapter in Life Benjamin. Let's connect! I house hacked in 2021 (built 2 ADUS in Ventura) which helped me buy and launch an Airbnb (in Ventura as well) in last year. I've been running a meetup in this year since 2022 when I figured people like us just need to share our stories and learn from each other. I'm a W2 employee and not a relator so the meetup is not pitching any products or trying to sell you a course, it's a way to network!   

PS: I'm a Host camper too ;) and the meetup is 2nd Thursday of every month.