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Updated about 6 years ago on . Most recent reply

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15
Posts
12
Votes
Antonio J. Mendoza
  • Rental Property Investor
  • Honolulu, HI
12
Votes |
15
Posts

New to BP and Rental Real Estate

Antonio J. Mendoza
  • Rental Property Investor
  • Honolulu, HI
Posted

Hello everyone, I am new to all of this. I have been wanting to start buying real estate for passive income for about 4 years now. I didn't know how to get into it. Currently I am deplyed overseas. When I am not busy with my daily tasks, I am reading, and looking to see what my next move is going to be. Just in December, one of my Military buddies referred the BP site to me. I then looked into it and was instantly hooked with the podcasts when the lightbulb turned on. While listening to the podcasts from December 2018 to January 2019, I found a rare deal in Honolulu for a studio that is part of an estate that is currently in probate. I put in a bid for one of the properties and it was accepted!!! By the time I get back from this deployment, I will have this property paid off, and will have positive cash flow from it. I plan to get a HELOC with this property to buy more in the future.

Most Popular Reply

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28,173
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19,206
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James Wise#5 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
19,206
Votes |
28,173
Posts
James Wise#5 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Replied
Originally posted by @Antonio J. Mendoza:

Hello everyone, I am new to all of this. I have been wanting to start buying real estate for passive income for about 4 years now. I didn't know how to get into it. Currently I am deplyed overseas. When I am not busy with my daily tasks, I am reading, and looking to see what my next move is going to be. Just in December, one of my Military buddies referred the BP site to me. I then looked into it and was instantly hooked with the podcasts when the lightbulb turned on. While listening to the podcasts from December 2018 to January 2019, I found a rare deal in Honolulu for a studio that is part of an estate that is currently in probate. I put in a bid for one of the properties and it was accepted!!! By the time I get back from this deployment, I will have this property paid off, and will have positive cash flow from it. I plan to get a HELOC with this property to buy more in the future.

 Welcome to the site Antonio. Good luck to you & I'll catch you around the forums.

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