All Forum Posts by: Manly Souza

@Crystal Wilson

The best advice I can give anyone, and I'm sure other investors will agree, is to crawl first, learn to walk, start jogging, and then learn to run. A major problem I've been seeing is newbies wanting to jump right into the shark tank. I'll get private messages or I'll meet people in person who want their first deal to be half a million dollars. As long as you pace yourself and understand that this is a marathon and not a spring, you'll be fine.

@Crystal Wilson

It's funny how you want to come here and I want to go to Colorado one day. I've been all over the world and stateside but Colorado for some reason has eluded me. I'd like to pick your brain on investing in Colorado. See you when you get here.

Let me know if I can assist you in any way.

@Adam Bartomeo

I think there are multiple answers for your question.

1) The internet allows the exchange of information to be much more prevalent than it was a decade ago and the word about investing in real estate is getting out. The dialogue has become that everyone wants to invest in real estate. When I started in 2008 the talk about investing wasn't as high as it was today. More word of mouth equals more action.

2) People do not want the 9-5 job anymore where they are working for someone else, and they want to have something for themselves. Real estate seems like an easy option for those that read a couple of blogs and become "experts" in real estate. I know people who don't own real estate who try to offer me advice and I just smh.

3) The real estate marketing machine is much bigger than it was before. The crash of 2008 put real estate investing on the map in a way that it never was before. People want to know what happened, why, and how to avoid that. Donald Trump being in real estate and talking about it gets people hyped about real estate, Robert Kiyosaki's success with books, Warren Buffet, Dolf De Roos, etc. Banks putting out commercials on acquiring loans easily, and the late night infomercials about how to be a real estate millionaire gets people excited and want to start as well.

The cream will always rise to the top and those who know what they're doing will always make it no matter what happens. Those that go after deals without knowledge increase their risk for failure. So to sum it up, there's a ton of people with low knowledge and no mentor attempting to make deals and they wonder why it's so hard to maintain and or to get started.

@Account Closed

What's the name of the building? Do they allow a VRBO type of renting or long term only? The condos I own I do long term rentals. I prefer the west side because it's hard to find positive cash flow elsewhere unless you do it vacation style, which is illegal but people loophole around it.

Let me know if I can assist you in any way.

@Account Closed

You've been investing since 1978. Holy $hit. Let's meet for lunch, coffee, tea, beer, something. I'll buy. I'd love to hear some stories or get some insight. I've been investing since the market crashed in 2008.

@Anthony Rawls

Yea man anytime. ManlySouza.com has all my contact info and you can search for real estate on the site as well. Contact me anytime. Let's get some coffee, tea, or beer.

@Ty Robinson

They can be very expensive. I've been looking to live in a fourplex and utilize my VA loan, but I just bought another condo and am locked into this place for a year.

Let me know if I can assist you in any way. 

@Stuart Spicer

Welcome brother. I used to live up in Wahiawa Heights. Up that road I never needed A/C as the weather was always cool. Welcome to BP.

Let me know if I can assist you in any way.

@Scott Trefethen

Welcome brother. As you are probably well aware of, Hawaii has drastic varying prices from town to town. You could have a million dollar house next within a block of a four hundred thousand dollar house. Condos can be the same way. I bought my first on the west side of the island and I haven't stopped since.

Let me know if I can assist you in any way.

@Anthony Rawls

Yikes! Jumping into the deep shark tank. Why not start off with a couple of condos first? @Ryan Gillette is right. Hard money and a commercial loan would be the best bet in the parameters that you have set. Crawl first, learn to walk, then start running in the real estate game. Contact me if I can assist you in any way.