All Forum Posts by: Jeison Rosado

Welcome to BP!

I can't speak for the Miami market, but as another newbie investor, I'd like to offer some advise that's helped me quite a bit.

Network! Get to a local meetup, learn about deals other investors are putting together. What are they doing right that you might be able to emulate? What are some of the horror stories you hear? Learn from them.

Define your why and how. I know my long term goal is to build generational wealth. How am I going to do that? Maybe it's buying rental properties. Don't have a bunch of cash to tie up into a long term investment? Get creative, there's so many tools that can allow you to break into real estate, pick what works best for your situation and get really good at it.

Lastly, just start. Put yourself out there and connect with others. Joining this forum is already a great start!

 Definitely! I think with the right number of units, in the right area, you can definitely live for free or possibly even cash flow. 

 Exactly, key phrase being "way under market value". My first mistake when I made the decision to pursue Real Estate was thinking that'd it be easy to find deals through sites like Zillow, Redfin, etc... It's definitely possible but few and far between. After analyzing so many properties and nothing making sense, I hit a wall. J Scott's book really drives the point of finding a property or owner in distress and offering a solution. Huge mind shift.

Hi Everyone,

I'm a 27 year old living in the Hermosa neighborhood of Chicago. I'm first generation Latino, born in Ponce, Puerto Rico. I've gotten the privilege to see my mom earn her citizenship and watch my dad work so incredibly hard to provide a future for us. Now, I'd like to return that favor. I'm a new investor and just wrapped up my first joint venture (and only venture) deal.

I've probably watched hours of bigger pocket videos and podcasts in the last year, along with reading J Scott's book on house flipping. I want to take all of this information and start actually applying it on some deals of my own. I'm interested in purchasing distraught properties, specifically, 3bd/2ba SF homes in the 60639 and surrounding zip codes. I'm also interested in smaller MF properties in the same area. Working on something outside of that? Let's chat anyway!

I don't have as much capital as I'd like but I like numbers. I believe I can bring value to other investors by offering my creativity and bringing potential deals to the table. I hope to connect with many of you and potentially partner on some deals!