All Forum Posts by: Jeffrey Almonte

I second that. I'm surprised the inspector never tested the outlets. 

Always attend inspections and personally review the due diligence documents like leases, utility bills, contracts, etc. 

When I was under contract for a 40-unit, I personally walked all units with the inspector and looked through all the due diligence documents. 

This is beneficial for multiple reasons:

- I get to personally see the property and every single unit. It's usually the units they don't show that has the most problems.

- I get to walk the property with my inspector. I can pick his brain and learn about what things to look out for future deals.

- I get the opportunity to walk the property with the real estate agent or owner. I can sometimes get more information on the property.

- I can meet the tenants and ask them questions regarding the property. The tenants will often tell you things the owner will not.

Hi @Enrique Elizondo

I just sent you a PM with the link.

Hi @Bryan Hancock

I just read one of your older posts regarding apartment investing, went on your profile, and saw this post.

My parents are divorced due to infidelity and have seen the effects on my parents, my siblings, and I. It affects everyone involved.

I can only imagine how traumatic the last 15 months have been for you. You have great insight on how your reputation will always stay with you.

Thanks for your involvement in the BP community. I've been a long time lurker of your forum posts and have learned so much by reading your posts. I wish you the best!

Yes, I agree with @Marshall H.

I have done a private loan and the number one thing I look at is trust and experience. Have you met these two people before? If so, I would have called or met them in-person to pitch the offer. A DM is too impersonal for me to lend $50k.

@Junior Soares

Congrats! Apologies if my question has been asked in the previous pages. Are these properties solely owned by you or did you partner? If you partnered, what was your role in the partnership?

@Jeremy VanDelinder

Living in Texas, how were you aware of the vacant house in Rosemead?

@Melanie Hartmann

I truly wish you the best on this journey.

I hope that this was a calculated risk and weighed out multiple options before jumping in. As others have said, a job is very helpful in Real Estate investing because it provides you the capital needed to get started.

I highly recommend shadowing or working for a full-time wholesaler in your area.

@Jason L.

Sure, no problem! I'll send it to you right now.

 Sure, I'll send you a PM with the link.

It depends on your niche. There's a new multifamily meetup by FIBI Pasadena. I plan on attending that meetup.