All Forum Posts by: Adrien Salvador

 Hey Eddie, if you're interested in getting guided to the right steps, let's definitely connect. I've got a mentor of mine who has helped me excel this year(my first 1/2 year in the business) and he's already helped me secure 3 properties and I have 3 more under contract that I am looking forward to closing. There's really no way to go around it, you just have to keep pushing. I also understand that there is this scarcity mindset that is happening right now within investors. I can assure you that that is not the case with what I am experiencing with my mentor. He secured 20 properties himself for his buy/hold properties, this isn't even including the flips that he's done and as you already know I secured 3 myself and have 3 on the way... Most of which we found through two wholesalers who are giving us most of the deals that we are doing right now. 

Hey Justin! Let's connect! I think you can provide better value better than that especially if you have the hunger and willingness to work. 

 Man that is phenemonal! I LOVE IT. We've got a beast in our group now y'all! We all have to catch up to him now!! I'm coming for you Devin. You've just got me FIRED up!

You already know damn well that non-engineers are WELCOMED! You can be ANYTHING as long as your life-long dream is to retire using the amazing path of real estate, then you are welcome to my world. That's amazing man. 5th property! I love it.

Of course! Here's my MeetUp group! I'm just getting started with it. Absolutely no clue what I am doing. The only thing I want is to get people together and create this accountability group. https://www.meetup.com/f-i-r-e...

Thank you Kevin!! We've got to catch up man! I just created a MeetUp Group! Would love for you to come by and hangout with us.

Thank you Marlen! I appreciate it. I couldn't have done it without modeling a mentor of mine who is such a beast in the New Jersey market. Safe to say that I am rolling with a SHARK :D 

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $480,000
Cash invested: $67,000

Retirement Home / Appreciation Play Home

What better way to be in love with your retirement home than to purchase a property in a location where growth is inbound? It's a WIN-WIN! She gets the house she simply want to retire in and she's now able to start her retirement source.

What made you interested in investing in this type of deal?

I was interested in investing in this type of deal because we got it an awesome location and an awesome price for an area that my mother would love to retire in. Also, this property is an appreciation play even though it will cash flow if she ends up moving out. Also, we put an offer for this house at the height of investor fear where no one else was putting offers on properties. Our FHA offer came out the strongest(can you believe it?! ME NEITHER).

How did you find this deal and how did you negotiate it?

We found it through my agent. We didn't have to negotiate it. They were set on our first offer.

How did you finance this deal?

FHA Loan

How did you add value to the deal?

Rehab! :D

What was the outcome?

It is still on the way

Lessons learned? Challenges?

It is very important to keep going and plugging away even if it gets annoying. Most difficult part of this her underwriter to approve it for closing! That process took so long!

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I wish I could, but my realtor is also my partner!

 Thank you so much Jonathan! I appreciate it. I'm also an investor in Essex County. We'll keep in touch!

 Thank you for letting me know! I'm actually planning on starting my own MeetUp group as well for like-minded individuals whom I would love to encounter and have encountered! :D