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Updated almost 9 years ago on . Most recent reply

User Stats

37
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10
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Gabriel Ugarte
  • Investor
  • Roseville, CA
10
Votes |
37
Posts

Hello from Sacramento California

Gabriel Ugarte
  • Investor
  • Roseville, CA
Posted

Hello BPers, 

I have been a member of BP for several months now but have failed miserably at introducing myself. 

My name is Gabriel Ugarte and I am a new real estate investor from Sacramento, California. I purchased my first primary residence in 2012 and by mid 2015 my property had doubled in value. That's the California market for you. After I sold that property I realized the power of real estate and I was hooked. 

So at the beginning of June 2016 I purchased my first flip out of state in Fort Worth, Texas. The project is well under way and I should do decently well on that property. The same week I closed on my flip I purchased a buy and hold in Baltimore, MD. This property needs full gut rehab and is also well under way. I plan on using the BRRRR strategy on this property and have already lined up a lender to refinance. This week I picked up my third property also in Baltimore for a buy and hold.

I hope that by finally introducing myself I can make more connections. My goal from BP is to learn from experienced investors and hopefully build relationships and/or partnerships that could be mutually beneficial. My goal in real estate is to primarily focus on buy and hold opportunities with an emphasis on multi-family once I meet the right person to teach me that part of the business. I will also continue to flip properties both out of state and in Northern California. 

I welcome all connections and advice and hope to partner up with one of you some day. 

Respectfully, 

Gabriel Ugarte

Most Popular Reply

User Stats

2,771
Posts
1,233
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Al Williamson
  • Rental Property Investor
  • Sacramento, CA
1,233
Votes |
2,771
Posts
Al Williamson
  • Rental Property Investor
  • Sacramento, CA
Replied

Well @Gabriel Ugarte welcome to you Homie! I'm in Sacramento as well.

You're off to a great start. Congratulation.

Hope to meet you in real life at one of our local meet ups. If you haven't already, please sign in at guildsummit.com and get on our email list. That way we can push out info that would be useful to you and your multifamily investing career.

See you around.

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