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All Forum Posts by: Jackson Risse

Jackson Risse has started 2 posts and replied 2 times.

Post: Looking for an assistant?

Jackson RissePosted
  • Posts 3
  • Votes 6

I'm writing this post with the hope of finding an investor in need of a real estate investment assistant. I'm 23 years old and have been immersed in the real estate industry since 2018. I've gained hands-on experience in various aspects of property flipping, including demolition, tiling, framing, plumbing, and more, while working alongside my parents. In addition, I currently work for a real estate investment brokerage that focuses on buying and selling value-add single-family homes to investors. My daily responsibilities include calling investors, running comps, inspecting properties, connecting investors to lenders and contractors, and building relationships with wholesalers.

While I appreciate the experience I'm gaining in my current role, I don't see myself in this job long-term. Instead, I'm seeking a mutual relationship with an investor where I can exchange my legwork for mentorship. I'm eager to work 24/7 and my passion for real estate investing drives me to continually learn and grow. Real estate investing is all I think about and I'm excited about the possibility of finding a mentor who shares my passion. I'm also willing to move anywhere for the right opportunity.

I'm curious if this type of relationship is common in the real estate investing world. While I've heard gurus tout the benefits of such arrangements, I'm not sure how prevalent they are in practice. If you're an investor looking for an ambitious and hardworking assistant, please don't hesitate to reach out. 

I keep on hearing from investors that "I'm waiting for interest rates to go down" or I hear "I need rates to go down for the numbers to make sense". Maybe these investors are saying this because they just got into investing in the past decade where the rates were basically zero or close to it. The past decade of interest rates on a 30 year fix mortgage has never happened before 2008. In the 70s and 80 they were 8, 9, 10, 11, 12, even 18 percent. Now do I think they will continue to reach those levels I don't know I'm not Jerome Powell or the chairman of Chase or BoA. One thing I will say if you are waiting for the interest rates to back down to 2, 3 percent, you might be waiting a long time. All I am saying, is if you are one of those investors that say "I'm waiting for interest rates to go back", you probably need a reality check and do some digging into the history of interest rates. And ask yourself, were we just really lucky in the past decade to be able to lock in a mortgage at 3%. Start to look at the 30 year fixed mortgage rates history graph.