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All Forum Posts by: Chang Maeng

Chang Maeng has started 5 posts and replied 23 times.

Thank you for reading my post.

Hi guys. I am interested in being a commercial real estate investor but I have some problems with it.

I am trying to become a commercial real estate investor, and I do have tremendous family support. However, it's been really hard for me to find a right mentor who has success in his/her career.

Our family have few companies that generate over $60 million revenue per year, including a branch office in the U.S. My father's relative is a top government politician who specializes in finance. My family have at least 700k that is in U.S bank at the interest rate of 1%.

This says that I do have a really nice background for investors who actively seek for money. I am not trying to boast my family's wealth. I am just trying to elaborate that I myself worth value for future mentors who are willing to spare time for me.

However, I do need education and guidance that only mentors can provide. #Note: I am not making any investment decisions from those who just want to steal money from me. IT NEVER WORKS. SO DONT TRY TO BOTHER WITH ME saying "here is a nice product". I don't have enough knowledge to make a decision no matter how good your product is.

I do also know that I cannot provide any real values to my future mentor during my learning process. I am keep thinking about nice "return" plans to a mentor who can guide me to become an investor.

Currently, I enrolled BU commercial real estate commercial certificate classes, and am reading commercial RE books. I will not attend commercial real estate meeting yet since I cannot provide any values to members.

If you are a mentor who has interest in teaching me, please send me a pm. I live in Boston, so currently I am only looking for mentors who are in Boston area. It is also ok to just test me out whether I am a right candidate for you or not. I won't get offended at all.

Besides that, any advice is welcome, and I sincerely appreciate for your advice. Best.

Post: New to this website. Any advice is welcome.

Chang MaengPosted
  • brookline, MA
  • Posts 24
  • Votes 4

Thank you for inputs.

It helped me to select a field that I want to specialize in.

Best.

Post: New to this website. Any advice is welcome.

Chang MaengPosted
  • brookline, MA
  • Posts 24
  • Votes 4

Hello guys.

I do have enough cash to make down payment for properties, but I am not too sure how profitable investing RE in Boston.

Probably I am wrong, but it looks really hard to find a property on MLS that provides reasonable positive cash flow.

It looks like most RE investors make profit by rehabilitating buildings or purchasing foreclosured properties.

Any experienced investors, what you guys think about this?

Also, I am trying to select the field I am going to specialize in. Which field should I concentrate so I can make huge profit? (such as multi-family building, condominium, etc)

Any advice welcome.