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Updated almost 11 years ago on . Most recent reply

User Stats

15
Posts
5
Votes
Anna Smith
  • Mesa, AZ
5
Votes |
15
Posts

New Real Estate Investor

Anna Smith
  • Mesa, AZ
Posted

I am just starting out here in Mesa, Arizona. I am very excited to meet lots of people and learn as much as I can about investing in rentals so that I can be financially free for me and my family and start using those funds for bigger projects. I have a heart to help those who are dealing with genocide and slavery. I want to make a difference in the world and I know that real estate can help me get there!

Most Popular Reply

User Stats

2,188
Posts
1,911
Votes
Wendell De Guzman
  • Investor
  • Chicago, IL
1,911
Votes |
2,188
Posts
Wendell De Guzman
  • Investor
  • Chicago, IL
Replied

I am a very active investor and if you need help analyzing deals let me know. Since you want to do buy-and-hold, listen to my podcast interview as I reveal my worst investing mistake (I bought a 36-unit apartment building) and how I turned it around (by buying a 100+ unit apartment complex!). You will learn a ton and I hope you will not make the same mistakes I made. Here's the podcast:

http://www.biggerpockets.com/renewsblog/2014/04/10/bp-podcast-065-creative-investing-wendell-de-guzman/

Also, you can learn a lot by following my weekly business update where I share with BP Nation what's going on with my real estate business. I share what's working, what's not...even stupid mistakes I still do to this day. Here:

http://www.biggerpockets.com/forums/223/topics/121707-real-life-of-a-real-estate-investor

Lastly, since you want to buy-and-hold...you need to analyze your deals based on their cashflow. Here's a spreadsheet I made to help you:

http://www.biggerpockets.com/files/user/Mister4closure/file/wendells-simple-cashflow-analyzer

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