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All Forum Posts by: Lorenzo L.

Lorenzo L. has started 12 posts and replied 38 times.

Post: How to find partners

Lorenzo L.Posted
  • Investor
  • Boston, MA
  • Posts 39
  • Votes 17

Hello everyone,

My name is Lorenzo. I am 19 years old and interested in commercial real estate investing, specifically multifamily and apartments. I want to start building my portfolio as soon as possible so by the time I'm 30 I reach my goal of $100k/month cash flow (which I don't even know if its realistic). However, I've been struggling because I've only been thought about acquiring deals with seller financing or traditionally with loans. But I just realized that there is many more ways to do this, and one is partnering with someone that has capital. So I was wondering what is the best way to find people to partner with and start building that portfolio together? I also eventually want to get into syndication but for that I need a track record which is what I'm trying to build currently. Anyways, thank you!

Post: Whats the best way to find a partner to invest with?

Lorenzo L.Posted
  • Investor
  • Boston, MA
  • Posts 39
  • Votes 17

Hello everyone,

My name is Lorenzo. I am 19 years old and interested in commercial real estate investing, specifically multifamily and apartments. I want to start building my portfolio as soon as possible so by the time I'm 30 I reach my goal of $100k/month cash flow (which I don't even know if its realistic). However, I've been struggling because I've only been thought about acquiring deals with seller financing or traditionally with loans. But I just realized that there is many more ways to do this, and one is partnering with someone that has capital. So I was wondering what is the best way to find people to partner with and start building that portfolio together? I also eventually want to get into syndication but for that I need a track record which is what I'm trying to build currently. Anyways, thank you!

Post: 19 y/o looking to buy my first multi-family property

Lorenzo L.Posted
  • Investor
  • Boston, MA
  • Posts 39
  • Votes 17

Thanks for the advice Cole. Really appreciate it. Gonna get to work!

Post: 19 y/o looking to buy my first multi-family property

Lorenzo L.Posted
  • Investor
  • Boston, MA
  • Posts 39
  • Votes 17

Hey Cole, I just bought the book the other day! Thanks for the advice. That's what im trying to do.

Right now I'm focusing on learning how to fully underwrite/analyze deals to be able to sell to investors. I tried Rob Beardsley's underwriting model but I found it extremely difficult to understand.

I would be extremely grateful if anybody could help me with this process from scratch. I am a fast learner and have great memory. I just need an experienced folk to explain it to me and I'm on it. 

Post: 19 y/o looking to buy my first multi-family property

Lorenzo L.Posted
  • Investor
  • Boston, MA
  • Posts 39
  • Votes 17

Hey Justin. Thanks for responding, I would love to connect.

Post: 19 y/o looking to buy my first multi-family property

Lorenzo L.Posted
  • Investor
  • Boston, MA
  • Posts 39
  • Votes 17

Right now, I'm just looking to start my track-record, just get something under my belt. Not looking to make huge amounts of money, I just want the knowledge and the experience.

Post: 19 y/o looking to buy my first multi-family property

Lorenzo L.Posted
  • Investor
  • Boston, MA
  • Posts 39
  • Votes 17

Thanks Taylor.

I will definitely do that. I am also studying to get my RE license in MA. I don't really want to be a broker but I'm just getting it for the education and experience.

I am also blessed with very successful parents and I realized that it's an opportunity that not a lot of people have and I have to take advantage of it.

That's why im looking to learn and master how to analyze deals and underwriting so I could possibly go and pitch my parents.

Post: 19 y/o looking to buy my first multi-family property

Lorenzo L.Posted
  • Investor
  • Boston, MA
  • Posts 39
  • Votes 17

Hey guys,

My name is Lorenzo. I am 19 y/o and originally from Puerto Rico. I am currently studying finance in Bentley University, about 20 minutes from Boston. I am an extremely hungry and ambitious person and I've been looking into Real Estate for a few weeks now. Looking to connect with a veteran in the Boston area to learn more about underwriting and raising capital. Thanks.