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Updated about 10 years ago, 10/20/2014

User Stats

70
Posts
24
Votes
Emerson Miranda
  • Investor
  • Torrance, CA
24
Votes |
70
Posts

Today I Become a Full Time REI

Emerson Miranda
  • Investor
  • Torrance, CA
Posted

After 8 months of countless hours learning the in-depths on Real Estate Investing, networking, coming across a few deals, negotiating, and closing. I decided to quit the J.O.B. for good!

My friends at BP can count on me more than never!

It was a hard not so hard decisions to make. But I'm sure if all the resources, and hard work, I'll make thru a successful career.

Let's connect and close more deals!!!

Regards,

User Stats

5,659
Posts
1,831
Votes
Elizabeth Colegrove
  • Hanford, CA
1,831
Votes |
5,659
Posts
Elizabeth Colegrove
  • Hanford, CA
Replied

Congratulations!!!That is awesome! It is nice when baby steps reach big goals.

User Stats

70
Posts
24
Votes
Emerson Miranda
  • Investor
  • Torrance, CA
24
Votes |
70
Posts
Emerson Miranda
  • Investor
  • Torrance, CA
Replied

It's a great feeling, Elizabeth!

Thanks for the post.

Regards,

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User Stats

1,991
Posts
1,135
Votes
Sharad M.
Pro Member
  • Carlsbad, CA
1,135
Votes |
1,991
Posts
Sharad M.
Pro Member
  • Carlsbad, CA
Replied

@Emerson Miranda 

Congratulations!!

I quit my job over 3 years ago and was the best career move I made. Good luck!!

User Stats

536
Posts
202
Votes
John Van Uytven
Pro Member
  • Property Manager
  • Oconee, IL
202
Votes |
536
Posts
John Van Uytven
Pro Member
  • Property Manager
  • Oconee, IL
Replied

@Emerson Miranda 

Congratulations 

That's great news

Would you summarize your deals and what you have done?

How did you get to this point?

  • John Van Uytven
  • User Stats

    280
    Posts
    68
    Votes
    Jordan Archer
    • Rental Property Investor
    • Stuart, FL
    68
    Votes |
    280
    Posts
    Jordan Archer
    • Rental Property Investor
    • Stuart, FL
    Replied

    Congradulations!

    I can't wait till I'm where you are RIGHT NOW!

    Just started my first marketing campaign, so I have a bit more to go, but very hungry.

    How many deals have you done up to this point?

    User Stats

    16,121
    Posts
    5,815
    Votes
    Joshua Dorkin
    Pro Member
    #2 Questions About BiggerPockets & Official Site Announcements Contributor
    • BiggerPockets Founder
    • Maui, HI
    5,815
    Votes |
    16,121
    Posts
    Joshua Dorkin
    Pro Member
    #2 Questions About BiggerPockets & Official Site Announcements Contributor
    • BiggerPockets Founder
    • Maui, HI
    Replied

    Congrats on going full-time . . . it can be a scary leap sometimes.  Good luck to you!

    User Stats

    4,301
    Posts
    3,985
    Votes
    Jerry W.
    Pro Member
    • Investor
    • Thermopolis, WY
    3,985
    Votes |
    4,301
    Posts
    Jerry W.
    Pro Member
    • Investor
    • Thermopolis, WY
    ModeratorReplied

    @Emerson Miranda , tell us the details please.

  • Jerry W.
  • User Stats

    1,748
    Posts
    928
    Votes
    Justin S.
    • Residential Real Estate Agent
    • Chandler, AZ
    928
    Votes |
    1,748
    Posts
    Justin S.
    • Residential Real Estate Agent
    • Chandler, AZ
    Replied

    @Emerson Miranda Congrats, good luck on your business!

    User Stats

    8,666
    Posts
    4,013
    Votes
    Jon Klaus
    • Developer
    • Garland, TX
    4,013
    Votes |
    8,666
    Posts
    Jon Klaus
    • Developer
    • Garland, TX
    Replied

    Congrats Emerson!  What kind of investing will you be doing?

    User Stats

    4
    Posts
    0
    Votes
    Greg Smith
    • Farmington, MO
    0
    Votes |
    4
    Posts
    Greg Smith
    • Farmington, MO
    Replied
    Originally posted by @John Van Uytven:

    @Emerson Miranda 

    Congratulations 

    That's great news

    Would you summarize your deals and what you have done?

    How did you get to this point?

     Bumping post, as I'd like to hear the answers to these questions too.

    User Stats

    1,636
    Posts
    736
    Votes
    Jonna Weber
    Pro Member
    • Investor
    • Boise, ID
    736
    Votes |
    1,636
    Posts
    Jonna Weber
    Pro Member
    • Investor
    • Boise, ID
    ModeratorReplied

    Way to go - sounds like you've made some quick progress!  Excited to see where your journey takes you. Cheers! 

  • Jonna Weber
  • 208-608-4884
  • Podcast Guest on Show #80
  • User Stats

    195
    Posts
    55
    Votes
    Emily B.
    • Rental Property Investor
    • Greater Lansing Area, MI
    55
    Votes |
    195
    Posts
    Emily B.
    • Rental Property Investor
    • Greater Lansing Area, MI
    Replied

    That's amazing! Congrats! I too would love to hear how you got there, @Emerson Miranda 

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    User Stats

    467
    Posts
    107
    Votes
    Charmaine M.
    • Queens NY, NY
    107
    Votes |
    467
    Posts
    Charmaine M.
    • Queens NY, NY
    Replied

    @Emerson Miranda....Congrats and hopefully one day i can enjoy that same feeling .

    Please share the details..and congrats once!!

    User Stats

    70
    Posts
    24
    Votes
    Emerson Miranda
    • Investor
    • Torrance, CA
    24
    Votes |
    70
    Posts
    Emerson Miranda
    • Investor
    • Torrance, CA
    Replied

    All my dearest BP Friends,

    With hard, non-stop work, I setup my system to have a REI company.

    Now, I have a solid list of Buyers, and I JV a lot with Wholesalers.

    Analyzing these properties, and passing them to my Buyers have been critical.

    As you all know, finding a real deal is not easy.

    Most of the deals I've done have been wholesale deals.

    I'm still waiting to get my hands on a great rehab opportunity.

    Now that I'll have more time to focus on what I really want, I'll definitely come across my "Big Deal" soon.

    My Nephew, recent grad in Financing, is my partner as well. He's been a helpful hand.

    So, the goal now is to close four deal per month for the next four months.

    We want to get into Hi-Fi's, and build our rental portfolio.

    So much to learn! Let's get it done!

    I'll be in touch with you guys with questions, and sharing some of my thoughts.

    Thanks again for your replies!

    Regards,

    User Stats

    1,158
    Posts
    655
    Votes
    John Horner
    Pro Member
    • Flipper/Rehabber
    • Columbus, OH
    655
    Votes |
    1,158
    Posts
    John Horner
    Pro Member
    • Flipper/Rehabber
    • Columbus, OH
    Replied
    Originally posted by @Emerson Miranda:

    All my dearest BP Friends,

    With hard, non-stop work, I setup my system to have a REI company.

    Now, I have a solid list of Buyers, and I JV a lot with Wholesalers.

    Analyzing these properties, and passing them to my Buyers have been critical.

    As you all know, finding a real deal is not easy.

    Most of the deals I've done have been wholesale deals.

    I'm still waiting to get my hands on a great rehab opportunity.

    Now that I'll have more time to focus on what I really want, I'll definitely come across my "Big Deal" soon.

    My Nephew, recent grad in Financing, is my partner as well. He's been a helpful hand.

    So, the goal now is to close four deal per month for the next four months.

    We want to get into Hi-Fi's, and build our rental portfolio.

    So much to learn! Let's get it done!

    I'll be in touch with you guys with questions, and sharing some of my thoughts.

    Thanks again for your replies!

    Regards,

    What kind of marketing are you doing to find deals at this point? 

  • John Horner
  • User Stats

    1,158
    Posts
    655
    Votes
    John Horner
    Pro Member
    • Flipper/Rehabber
    • Columbus, OH
    655
    Votes |
    1,158
    Posts
    John Horner
    Pro Member
    • Flipper/Rehabber
    • Columbus, OH
    Replied

    Also, @Emerson Miranda  , what is a Hi-Fi?  

  • John Horner
  • User Stats

    10,020
    Posts
    4,832
    Votes
    Andrew Syrios
    Pro Member
    • Residential Real Estate Investor
    • Kansas City, MO
    4,832
    Votes |
    10,020
    Posts
    Andrew Syrios
    Pro Member
    • Residential Real Estate Investor
    • Kansas City, MO
    ModeratorReplied

    Congrats and good luck!

    User Stats

    95
    Posts
    21
    Votes
    Ken Cooper
    • Investor
    • Redondo Beach, CA
    21
    Votes |
    95
    Posts
    Ken Cooper
    • Investor
    • Redondo Beach, CA
    Replied

    Congratulations!  What markets are you working in?

    User Stats

    28
    Posts
    22
    Votes
    Jose Reyes
    • Full Time Rehabber
    • Covina, CA
    22
    Votes |
    28
    Posts
    Jose Reyes
    • Full Time Rehabber
    • Covina, CA
    Replied

    Congrats. Best advice I ever got was to go full time. I did and haven't looked back since. Build you network and the deals will come in any market. If you have any wholesale deals East of Hollywood and as far as the Inland Empire, please email me. I'm also open to JV. Good luck!

    User Stats

    128
    Posts
    30
    Votes
    Samantha Lotti
    • Realtor
    • Albany, OR
    30
    Votes |
    128
    Posts
    Samantha Lotti
    • Realtor
    • Albany, OR
    Replied

    @Emerson Miranda 

    WOW! Congrats to your big news and decision. I too have that same goal... do real estate full time. :) I am a new comer, but I am very determined and very excited to learn and accomplish my goal. 

    Will you be doing any out of state investing or is it too soon to know? 

    I will be starting out with wholesaling, but at the same time... learn the trade of fix and flip. That is my passion.

    User Stats

    472
    Posts
    272
    Votes
    Joshua McGinnis
    • Rental Property Investor
    • Beverly Hills, CA
    272
    Votes |
    472
    Posts
    Joshua McGinnis
    • Rental Property Investor
    • Beverly Hills, CA
    Replied

    Congratulations! I wish you lots of continued success!

    User Stats

    70
    Posts
    24
    Votes
    Emerson Miranda
    • Investor
    • Torrance, CA
    24
    Votes |
    70
    Posts
    Emerson Miranda
    • Investor
    • Torrance, CA
    Replied

    Dear @Samantha Lotti 

    Thanks for your reply.

    I'm currently working in Arizona, as well.

    Expanding to New York.

    Follow Your Passion! You'll Feel Great!

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    User Stats

    128
    Posts
    30
    Votes
    Samantha Lotti
    • Realtor
    • Albany, OR
    30
    Votes |
    128
    Posts
    Samantha Lotti
    • Realtor
    • Albany, OR
    Replied

    @Emerson Miranda 

    That is awesome that you are expanding. I am in Oregon, so keep me in mind if you venture this way. :)

    I will continue to follow my passion and its stories like yours that keep me going! 

    Thanks for sharing!