All Forum Posts by: Jensen Escobar

Welcome Claire!

You have come to the right place. good luck on your journey!

Welcome Marc! 

Get ready for the wild ride. I began my journey at the end of 2021 and it has been filled with learning, embarrassing myself, meeting new people and just getting out of my comfort zone. It has been a blast so far. I was able to buy my first rental and although it is not much we all have to get started somewhere. my advice is do not get discouraged and keep moving forward. you won't regret it.

Hey garrett,

If your questioning yourself and trying to find a loop hole in something its more likely not the best choice. Always seek advice from your investment advisor. But personally I would house hack it to at least break even and then refinance out of it or even sell it and 1031 exchange out of it. The FHA is meant for your primary residence that's why you often get better rates. Taking advantage of those rates and using it for investment purposes could be considered mortgage fraud. Hope that helps!

Hi Jason!

Another way to learn how to use other peoples money is to joint venture with someone. Although its not the same as starting a syndication it can be at a lot smaller scale which can be more forgiving for mistakes. They can bring in the money and you can provide the leg work. 

Hello!

I think a great way to go about this is to find a mentor of what ever niche you are trying to go into such as: fix and flips, long term rentals, airbnb, syndication and any other category. Depending on what stage they are in their investing Career will depend the needs and help they might need. Find someone that has similar goals and values and work under their wing. There’s no better way to learn then to be in the middle of it all. 

There are many ways you can go about this as many have mentioned. If you want true passive income look into becoming a limited partner in a syndication. I would go to as many real estate meet ups as I could to meet prominent investors in your community as well as educating yourself. 

Hey Kyle,

I will say a great part of investing in SD is the large amount of military we have here. There is a constant influx of new renters and they tend to he great tenants although there is always exceptions. Military give guaranteed rents which im sure helps a lot of investors here sleep good at night. Hope that helps. 

Hey Justin!

I 100% recommend a mentor as your venture in your journey. The way I found mine was through my local real estate meet up. I realized he was the person I wanted to become one day and we had similar values. There’s a lot of people that can mentor you but if you want a great experience find someone that you can connect with on a personal level as well as business. A lot of people can take you where you need to go but its the relationships that you make that really make the difference. 

Hey Abel,

If you have no experience investing its going to be very difficult for someone to trust you unless its family or friends. At least when you first start off. My recommendation is to go to as many meet ups as you can and create a whole lot of real and authentic relationships with people. The people that invest with you will be the ones that know like and trust you. Add as much value to peoples lives and business as you can and they will give you their trust. People go first. Business second. Hope that helps 

Hey Ryan,

There a definitely ways to mitigate your losses when it comes to investing. One I know for sure is being a limited partner in a syndication. Passive investors are valued and therefore paid before anyone else if there is a preferred return. If the investment goes south the operators will have to take a loss from their earnings so that the passive investors is happy and comes back. Hope that helps and please correct me if im wrong.