All Forum Posts by: Chibuzor Nnaji

@Francis A. when do you think it will come to an end though?

@Kenneth Lee Welcome! Let me know if I can help any 

Hi @Armando Pastrana Jr welcome. So to answer a few o your questions one being no you’re not too old to do this there a lot of people in this business from as young as 18 up to 70 and beyond so you can definitely operate in this space. Second there are many different ways to get into real estate investing whether it be single family residences, buy and flip homes, buy and hold as rentals, invest in apartments as a passive investor or by being active lead sponsor which you mentioned you’d want to be active I’m focused on the apartment arena so I can give you my two cents on apartment syndication from a passive aspect and more active approach. So if you were to go the apartment route and you wanted to be active and do real estate full time you could be a lead sponsor but there’s a lot that goes into that but I would recommend you educate yourself on that space as much as possible and when ready find a mentor who can help point you in the right direction so that one day you can take down your own apartment deals, and go from there. The other aspect of providing income to live on which you mentioned was one of your goals, through apartments is being a passive investor in syndication deals which would provide you a return on the money you invest which would provide passive income to you and if working with experienced operators in a deal you will also be able to learn on how these guys are doing what you want to do in the future which is be an active full time real estate investor. There are so many different directions you can go in Armando in terms of real estate investing and being able to do it full time and there will be a lot of people on here who can offer you really good advice. I hope this helps and if you have any questions feel free to reach out. 

@Daray Olaleye I love this. Keep pushing and you will surely reach your goals.  Success will never be easy or else everyone would be able to do it but with your mindset, I believe you can accomplish anything you set your mind to because you know as long as you keep going you can't fail. Best of luck to you man and keep us updated. 

I'm looking forward to the conference this year and meeting everyone that will be in attendance. @Mark Allen   lets go! 

Hi @Zach G. what you’re looking to accomplish I think is very common amoungst passive investors in apartment syndications. Most passive investors in these deals have the same situation as you where they have a very busy career, don’t have enough time to invest actively or search for good deals and like you the market they live in is very expensive. So what I recommend you do Is find experienced operators who have a track record of operating apartment syndications and either meeting or exceeding projected returns in previous deals that they have done. This will allow you to feel comfortable in your investments and ultimately help you reach your goal of generating passive income to start slowing down in your career. So the strategy you mentioned above is very common and achievable to execute. [Solicitation Removed] Best of luck to you! 

@Joe Wood if you've ever considered Dallas Tx as a market you'd be interested in, pm and I can refer you to some guys down here. 

@Stephen Kleyn I would like to throw Joe Fairless into there as someone you should look into! joefairless.com 

@Account Closed yeah man lets do it. message me and we will find a good time to get on a phone call. talk to you soon!

@Account Closed Hey Eric this my 2 cents but I think you need to pick one or the other because buying multifamily assets is a bear but its worth it, I think the pay off is better than setting up a wholesale operation in my own opinion. So what I would do if I were in your shoes would be to just go all in on apartment investing or the other, not both. I hope this helps feel free to reach out if you have any other questions.