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Updated about 1 year ago,

User Stats

31
Posts
15
Votes
Syman Scarpellino
Pro Member
  • Investor
  • Eureka Ca
15
Votes |
31
Posts

Finding guidance not “Gurus”

Syman Scarpellino
Pro Member
  • Investor
  • Eureka Ca
Posted

Hey BP, this is a little bit long so thank you up front for the read. 

I’ve spent the past 3 years building a decent portfolio in California and Indiana. I started with about $20,000 and $50,000 in equity from my primary I purchased in 2017. 

9 SFH

1 Duplex 

2 Triplex 

about 3.5 million in total RE with about 2.6 in debt attached to it between first and second mortgages. 

Cash flow is effectively 0 with California properties negative but holding the majority of the equity and Indiana positive but less so in the equity department

As we enter into treacherous times I am either feeling the effects of imposter syndrome or I actually need a leg up. 

I’d love to pick someone’s brain who’s come before me with similar circumstances. 

(Did it this century and did it without several hundred grand from dad) 

this has proven to be harder than expected. Locally my RE investor pool consists of people who haven’t gone quite as far down the path as I have or people who built property on land they bought for $52 and a pack of gum in 1672 

When I’ve sought guidance or even opinions online I end up being pitched a sales program or on the phone with a 20 year old kid who read a real estate terms dictionary but hasn’t actually done any of it. 

My current plan is to flip in California to pay down some debts/buy more cash flow in Indiana. 

Where do I find who’s willing to look at my portfolio in detail and give me their opinion on what I should do. 

I’ve considered submitting a resume with David Green or one of the other bigger pockets pros just to get in the room with them even if I have to work for free

(which is funny for someone who hasn’t considered the idea of interning anywhere for 10 years, and definitely not when I’m not in the market for a job) 


So here’s my pitch. 

1) is anyone who’s a real pro willing to do this out of the goodness of their heart? 
2) does anyone want a highly skilled sales person willing to bust *** for little to no pay in exchange for getting in the room to learn? 

Anyway, thanks for reading 


- Syman 

  • Syman Scarpellino
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