Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Dan Zambrano

Dan Zambrano has started 2 posts and replied 57 times.

Post: My Journey to $20M in assets

Dan ZambranoPosted
  • Investor
  • Western Suburbs, IL
  • Posts 57
  • Votes 30

This week I see real signs that our economy is walking into some significant pain. With the outlook for cutting rates by the fed looking like it will be a very slow trickle, I believe we are in the early-mid stages of a recession. Depending on how bad it gets the fed will step in and fire up the money printer, of course that would be after a big bank fail and/or massive layoffs. The signs are around and I choose this week to get started with options trading haha.  


A large part of me feels guilty for playing in this win-lose game that the establishlent has set up that makes people rich while at the same time sidelining others. The older I get the more deeply I feel connected to this idea of only being involved in Win-Win situations. 

So I am here to make the most of what I have, and work hard to make proud the people around me and be an inspiration.

Namaste folks.

Post: My Journey to $20M in assets

Dan ZambranoPosted
  • Investor
  • Western Suburbs, IL
  • Posts 57
  • Votes 30

Whats up folks!

So yeah after quite a bit of research into options I have decided I will be deploying a semi aggressive strategy with them to raise $$$. 

If anyone is interested, follow meetkevin, he is a wizard. Just this past week he 5x his 100k investment through Tesla options. $500k in a week, not bad at all. I am not quite in that boat of disposable income that I could stomach losing, but I have determined a reasonable strategy of maybe going in 1k at a time on a 3-6 month journey to 10x 5 to 10 transactions. Should make a cool 100k. I should have looked into doing this 4 years ago, I'd be retired by now. Its risky but risk can be mitigated.

In case anyone is wondering how this applies to real estate, my goal is to raise 100k for my dream of building a short to mid term rental on land I have already purchased in Northeastern IL in the style of FLW usonian homes.

Cheers folks!

Post: My Journey to $20M in assets

Dan ZambranoPosted
  • Investor
  • Western Suburbs, IL
  • Posts 57
  • Votes 30

I have been really preoccuppied with my last undergrad project, graduating May 5th!

I am in the begining stages of producing a conce0t drawing for the rental property. Really fun activity but also requires alot of energy and meditation to determine the right kind of structure to grace the land and also frame the view of the soft prairie slopes.

So I travelled to Sedona I didn't buy property there I wish I had that kind of wealth haha. Sorry for the confusion as I usuaply write these pretty fast. May will be a great month with some cool updates.

cheers!

Post: My Journey to $20M in assets

Dan ZambranoPosted
  • Investor
  • Western Suburbs, IL
  • Posts 57
  • Votes 30

Much needed vacation this week. Wife and I are out to Sedona Arizona for the first time ever. We purchased a cosmetic fixer upper in August of last year and have been sprinting ever since to get it the way we want it. Replaced floors throughout, painted every interior space, new hardware everywhere. It has been a grind. Now we are on the 3rd day of our trip and its been an incredible experience, horseshoe bend, grand canyon, tuzigoot and of course the famous pink jeep tour all have not disappointed. I am astounded by the very obvious general wealth of folks around town here in Sedona. On another note, I am vigorously researching construction methods for the new house, and also chipping away at some concept drawings for it. I want it to be perfect as I have been yearning for this moment for over a decade.

cheers yall!

Post: My Journey to $20M in assets

Dan ZambranoPosted
  • Investor
  • Western Suburbs, IL
  • Posts 57
  • Votes 30
Quote from @James Phillips:

Hey Dan, 

Yes, I'd love to connect sometime. Nice job on moving forward on your new lot--best of luck on what you do with it next.


 Thank you :)

Post: My Journey to $20M in assets

Dan ZambranoPosted
  • Investor
  • Western Suburbs, IL
  • Posts 57
  • Votes 30

Wow James! Love that reply. I will definitely check that video out. Wright saw these things 150 uears ago, which just melts the mind to consider. He predicted our current state 100 years ago, but he never let that deter him from making beautiful architecture. Wow James I can't tell you how refreshing it is to hear someone else with a similar visiom, hope we can commect sometime.

******

Well folks, I have an incredibly exciting update!!! I and a bisiness partner are the new proud owners of 8000 sq ft lot in McHenry County. Beautiful infill lot that overlooks a sweeping prairie below, pics below. Now I am diving into the rabbit hole of site prep and septic/ water systems ti get this baby moving forward!

Post: My Journey to $20M in assets

Dan ZambranoPosted
  • Investor
  • Western Suburbs, IL
  • Posts 57
  • Votes 30

So I had a talk with an architect and he basically quoted me $100k for a set of plans. I almost fell out of my chair. 

So yeah that's not happening, what I am going to do instead is draw up the concept myself in autocad since I know how to do that and then basically will he looking for a young hungry architect that can produce construction drawings off of my concept plans.

This will be a grind, I may not finish the concept drawing for another 1-2 months but hey at this point its going to literally save me 10s of thousands and I love this piece anyway. No brainer. 

The land deal is slow motion, maybe have something to report on that end in a few weeks.

Hope everyone is having a great week!

Post: My Journey to $20M in assets

Dan ZambranoPosted
  • Investor
  • Western Suburbs, IL
  • Posts 57
  • Votes 30

I follow a youtuber by the name of meetkevin. The guy is a total machine, and it is incredibly humbling that he is 6 years my junior but knows more about real estate and building wealth than I may ever. Anyway he made a video about the market being red today and then showed, very casually that his portfolio was up 24% on the same day!

I think this is the sign I need to push me to familiarize myself with investing in markets. Because admittedly my money is languishing being so over invested in Tesla. Lol

that is all, hopefully I can make a cool announcement on here soon.

Post: My Journey to $20M in assets

Dan ZambranoPosted
  • Investor
  • Western Suburbs, IL
  • Posts 57
  • Votes 30

Ok guys, I have been procrastinating at putting this business plan together, but I am committing to put an hour into it tomorrow morning. I am having a ton of fun just ideating and am so energized and excited by the next project. Will be a single fam short term rental build.

Post: My Journey to $20M in assets

Dan ZambranoPosted
  • Investor
  • Western Suburbs, IL
  • Posts 57
  • Votes 30

Still working on my business plan but things seem to be moving fast. I am going ti be meeting up with a developer I met on Linkedin tomorrow so that should he fun. I think I need at least one of these events per month moving forward just to get myself well situated with folks that work in the industry.