All Forum Posts by: Jacob Atencio

Thank you everyone for the great feedback. I will make sure and become an expert at analyzing the numbers so I can spot a good deal when I find it. I appreciate everyones comments.

So I started mowing lawns for extra money to put down on my first rental. One of my 75 year old customers and I got to talking and I found out he was a real estate investor. I shared my plans of being a real estate investor and he saw my interest. The next week( today) he invited me inside and we spoke for 2 hours about real estate and his story. He has done everything from development to single family and everything in between. He still owned many properties. He didn’t tell me how many but it sounded like a lot.... long story short, he wants to help me find and guid me through my first deal. The only thing he said that I am questioning is a single family will not cash flow the first couple of years until the rents increase. He was adamant about this. Everything I’ve heard in bigger pockets is saying you can and should only buy cash flowing properties.... my question is, should I take advice from him on single family rentals or should I look for someone else for mentor ship? Ps I live in Albuquerque nm the

Do you have any book recommendations on the nature of money?

Hi Rich,

Thanks for the welcome. I would love to start in multifamily 5 units or larger but I need to learn more about my market before I jump into it. I'm really brand new to real estate. the only experience I have is from bigger pockets podcast, a few books, and my father in law who has a few commercial properties. 

Thank you Andrew.

Ben, its great to see Albuquerque represented here on bigger pockets. Thanks a bunch for the invitation. I have tons of questions that will bore you to death so I will think of the best ones if and when I shoot you a PM.

Thans again

Hello bigger pockets world. I am a 25 year old aspiring real estate investor with no experience. I have been listening to the podcast religiously for the past 3 months. I just wanted to take the time to introduce myself. I’m excited to start my journey.

Hello bigger pockets world. I have been listening to the podcast religiously for the past 3 months. I am an 25 year old aspiring real estate investor with no experience. I just wanted to take the time to introduce myself. I’m excited to start my journey.

Hello bigger pockets world. I have been listening to the podcast religiously for the past 3 months. I am an 25 year old aspiring real estate investor with no experience. I just wanted to take the time to introduce myself.