All Forum Posts by: Adrien Salvador

Nice to see a fellow individual get into real estate. I've dmed you Gerardo! Let's connect and go through this journey together!

Hello BP Community,

I hope everyone's doing well and staying safe during this pandemic. I'd just like to introduce myself... My name is Adrien Salvador and I am 23 years old. Recently, I began my real estate journey 6 months ago and so far I have managed to purchase two properties under my name with the help of my partner, agents, family and friends! As of today(7/16/20), I am now a full-time real estate investor and future agent! I've managed to replace my engineering income from other sources of incomes. I decided to quit because I was very unhappy with my job and was not passionate about engineering at all. Would love to connect with other investors, agents, contractors, or anyone involved in real estate for that manner! 

Reading this thread has been very helpful! Thank you to all of those who contributed.

 Always appreciate your input man! Would love to connect with you whenever you're available.

 Thank you so much! I appreciate it! 

1.  Sorry it came out that way! Two properties is definitely not enough track record, but I'm pretty proud of it myself for having come from nothing. 

2. My property is actually cash flowing a $100 dollars a month because the first and second units completely covers PITI! I do eventually plan to turn the detatched two car garage into two storage units and rent each out for 250-350 a month! :D If the third unit was rented, I'd actually cash flow $1200 a month (w/ the two storage units completed I will be at $1700 conservatively).

3. If you'd like to know about the plans for the second property, I would gladly connect you to my partner who is in charge of the operations team! He's the one I'm learning from and he's teaching me how to raise capital. I know for sure he didn't tell me to post my plans publicly on anything like this, but I was very excited on closing on this first property. Although I know the summary of what we will be doing, he knows the details more than me. For all of our deals, the plan is to buy and refinance/hold or flip! 

4. I'll take what you said into account and apply it to my future ventures in investing! All of my "private investors" as of right now are friends and family who are willing to support us in our journey and succeed. Their main goal is to get the return they don't get in the stock market and also help us grow what we have going on. We understand that not many people will want to invest in us because we are still new. We understand that the first couple deals... it will be harder to raise money for them. We are completely accepting the fact that these things won't come easy, but it never has! We truly appreciate the info you've put and will be practicing it for the future! (:

We truly truly appreciate everything you've said. We'll make sure to keep it in mind!

Hello everybody! Let me first introduce myself... My name is Adrien Salvador and I declared that I will purchase a home with the intention of house hacking in 6 months when I turned 23! When I decided to write this on a piece of post-it notes attached on the back of my phone covered by my clear case so that I can look at it every day... I did not know which steps I had to take in order to get there. All I knew was that that was the beginning of my day as a sponge; I absorbed every knowledge I could get from people I've met here in Biggerpockets and through the amazing books and podcast that this site provided. At the time, I didn't even have the down payment to get this house! I wanted to say that I am an option trader myself who wasn't very successful and was failing for 8 months straight. When 2020 began, my option trading took a turn and when everything came crashing down I've managed to ride the wave all the way down with a load of put options thanks to my mentor "TheTradingFraternity" on YouTube. While you can call that lucky, I call it faith. Going into 2020, I really thought this was my year. Hell, it was even the "Year of the Rat" and as a Filipino who grew up in Philippines... Chinese Culture has pretty much stuck to me because we heavily believe in it as well...

My background... I am one of three boys raised by a single mother who works 16-20 hours a day in 2-3 different hospitals varying on the day of the week. For many years, it hurt seeing my mother go through this type of hardship and not knowing how I can help her, but go to college... get a degree.. get a full-time job..(which I proudly accomplished with a B.S. in Mechanical Engineering). I knew it wouldn't be enough that's why I've began to search for better answers! Thankfully I wasn't alone because my brothers were just as passionate about it as much as I was!

Come April, I've managed to get something under contract with the help of some amazing people who helped me find a great house hack deal! This past tuesday, I've managed to close on the property (Yes, we were on escrow for 2 months due to some problems rising because of Covid-19).

As I'm typing this, I still can't believe that I've managed to achieve the goals I have visualized in my head. Right now, I am proud to say that me and my brothers are under contract on our first BRRRR(or flip) property which we are on schedule to closing this month. We couldn't have found this great deal if it wasn't for our mentor and partner who owns 90 properties himself. My brothers and I managed to raise $42,150 in 4 weeks from friends and family who are now acting as our private investors!

If you've made it this far, I've got one thing to say. I AM EXTREMELY GRATEFUL FOR THE BLESSINGS THAT WE ARE EXPERIENCING. We are one step closer to our goals. We've just got to keep pushing and keep raising capital, buy more properties and make sure that everyone is taken care of.

I love real estate, man... I truly enjoy this... I haven't felt this much passion and joy for any profession that I've worked on. Thank you to the Biggerpockets community and to the universe for showing me this path. Much love everybody.

I leave you with one thing! We are continuously looking for investors/loaners to invest with us through real estate for a 10-12% interest on your investments! Contact me if you've got any other questions! We're looking to grow our portfolio with the help of our veteran partner to 20 properties in the next 2 years! At 21, 23 & 26, we are so excited to be in this journey together! 

You got this bro!! As long as you put your mind to it, you will be able to do it! You got this! I believe! If you need anything else, feel free to hit me up!

Thank you! I appreciate it! I ended up grabbbing one from New Brunswick and one from East Orange! Right now I am also working on grabbing another property for my mother... a great FHA 203K property!

Hello everybody! Let me first introduce myself... My name is Adrien Salvador and I declared that I will purchase a home with the intention of house hacking in 6 months when I turned 23! When I decided to write this on a piece of post-it notes attached on the back of my phone covered by my clear case so that I can look at it every day... I did not know which steps I had to take in order to get there. All I knew was that that was the beginning of my day as a sponge; I absorbed every knowledge I could get from people I've met here in Biggerpockets and through the amazing books and podcast that this site provided. At the time, I didn't even have the down payment to get this house! I wanted to say that I am an option trader myself who wasn't very successful and was failing for 8 months straight. When 2020 began, my option trading took a turn and when everything came crashing down I've managed to ride the wave all the way down with a load of put options thanks to my mentor "TheTradingFraternity" on YouTube. While you can call that lucky, I call it faith. Going into 2020, I really thought this was my year. Hell, it was even the "Year of the Rat" and as a Filipino who grew up in Philippines... Chinese Culture has pretty much stuck to me because we heavily believe in it as well... 

My background... I am one of three boys raised by a single mother who works 16-20 hours a day in 2-3 different hospitals varying on the day of the week. For many years, it hurt seeing my mother go through this type of hardship and not knowing how I can help her, but go to college... get a degree.. get a full-time job..(which I proudly accomplished with a B.S. in Mechanical Engineering). I knew it wouldn't be enough that's why I've began to search for better answers! Thankfully I wasn't alone because my brothers were just as passionate about it as much as I was! 

Come April, I've managed to get something under contract with the help of some amazing people who helped me find a great house hack deal! This past tuesday, I've managed to close on the property (Yes, we were on escrow for 2 months due to some problems rising because of Covid-19).

As I'm typing this, I still can't believe that I've managed to achieve the goals I have visualized in my head. Right now, I am proud to say that me and my brothers are under contract on our first BRRRR(or flip) property which we are on schedule to closing this month. We couldn't have found this great deal if it wasn't for our mentor and partner who owns 90 properties himself. My brothers and I managed to raise $42,150 in 4 weeks from friends and family who are now acting as our private investors!

If you've made it this far, I've got one thing to say. I AM EXTREMELY GRATEFUL FOR THE BLESSINGS THAT WE ARE EXPERIENCING. We are one step closer to our goals. We've just got to keep pushing and keep raising capital, buy more properties and make sure that everyone is taken care of.

I love real estate, man... I truly enjoy this... I haven't felt this much passion and joy for any profession that I've worked on. Thank you to the Biggerpockets community and to the universe for showing me this path. Much love everybody. Have a goodnight!