All Forum Posts by: Felipe Rodriguez Egana

@Mike Neubauer thanks! Yes we are definitely down to meet up and talk story any time! And ill be glad to help you or advice you with any electrical need!!

@Brandon Turner thanks a lot we look forward to meeting all of you guys! We will make sure we come to Cristhian meetups. Podcast is great so addicted am going back in time and listening to every single one. A lot of good info, you doing great job! Actually just downloaded low or no money down from audible so it looks i may pause the podcast for Few days;)

@Christian Cramer Aloha! Thanks for the welcoming! Yes that will be awesome!!! We would lobe to get to know all the Maui comunity! I will set up alerts as suggested by Brandon, and of course don’t doubt on let me know about them!

Thanks everyone for the warm welcome and your advices! 

Am on the begginers guide already and catching up with all episodes in the podcast! I love em i listen to them while i drive to work every day and sometimes even at work!!:)))

Aloha everyone in BP, we are the Rodriguez Dotro family from Maui Hawaii. We are new to BP and we are realky into the podcast that i found accidentally on spotify!

Let me tell you a bit about us!

Solange the wife: 37. Accountant, she holds a master on finances, a master on coaching and was a bank branch manager for 10 years.

Felipe (me): went to a tech high school and became an Electrician at ageof 19. Have been working on new construction for the last 6 years!

We are starting our own electric company here in Maui check it out:

But the reason we here is because we want to learn real estate!

And i think together we can make an unbeatable team, with Sols experience and ability to put numbers on the table combined with my construction knowledge!

We might be perfect value for someone out there!

We have a lot of drive and we both aimimg to be wealthy and we will do whatever it takes to get there!

We ready to hustle and learn everything about investing!

So if you are Maui and think ill be opportune to grab some coffe and get to know us just tell us!

Mahalo everyone!

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $585,000
Cash invested: $125,000

Bought a 10k sqf lot in a nice neighborhood with a 600sqf cottage built. En route to build new main house and refinance. Looking for options to fund the construction.

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

First off was buying our first house! ( i got the best partner ever, my future wife) and then we started to realized we could make money out of it. And now we are full learning on diferent strategies to increase our assets! We still green but we very committed and both know we want to live off real state!

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

Online on the MLS, we made an offer that was rejected so we went in escrow on a different property, while in escrow we recieve a phone call asking if we where still interested and we came back with same offer but a very strong 1 month closing with us performing our own home inspection.

How did you finance this deal?

Convencional loan for now.
We looking into refinancing on a construction loan.

How did you add value to the deal?

Paying less money then value of property.

What was the outcome?

Still working if build rent and refinance to get another property or build and sell and go on on another deal!

Lessons learned? Challenges?

To many but most still to come.

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

Yes Leslie Mcenzy best realtor in maui!