All Forum Posts by: Omar Monsalvo

@Omar Monsalvo

You’re doing exactly what you should be doing, reading, educating, interacting with a site like this, and going to school for a job that will have a respectable W2 income.

Keep saving, that combined with your potential W2 income is a giant help when you start seriously investing and underwriters for loans love seeing it. The loan approval process for someone like you will be a breeze. You'll be able to house-hack immediately once you graduate and that'll leap you into more aggressive REI opportunities as you grow your net worth and number of deals. Just the fact you're even thinking about this stuff yet puts you ahead of 99% of your peers.

@Omar Monsalvo Hey man, I attended UCSB last fall and knew I wanted to get into REI and RE as an agent. I dropped out as soon as I started reading and listening to BP. I entered sales as an agent for income potential, and knowledge about the legalities of RE. I now work with investors as an agent finding on market deals and instead of wholesaling, I just represent them on the purchase and sale of the property. Awesome double ended deal along with working with investors and learning a lot, as well as learning valuable communication and sales skills better than an expensive degree at UCSB could get me. The income potential is what really attracted me. I wasn't held down and could still budget aggressively for REI capital and I just turned 18, have no debt and am saving everything. Learning as much as possible about creative financing, finding off market deals, buy and hold REI (what I love most) and building valuable relationships with investors. Currently living as a broke college student with several other broke college students, but instead of going to school I'm going to the office and working with investors. I personally prefer taking the 4 years I would've spent at college spending time and money to learn and gain experience in real estate and investing.

Hey guys,

So about two years ago I attended a real estate seminar just out of curiosity, that changed my life! I raised my standards and goals from wanting to make $2k a month to $10k a month, ever since then I've felt wealthy, if i could just make it one time I knew I could replicate it. Fast forward two years and im close to closing my first wholesale deal and making that $10k in one month, it's been a long journey, lost alot of friends and my family turned on me, but that was my own fault. 

I also attend a community college for computer information systems.

Hey Omar,

It's awesome that you are thinking about investing while still in school! It's awesome that you're already thinking about living below your means to aggressively invest in your future. The time in your life immediately following college is the best to do that! 

I am just getting into REI and graduated 2 years ago. I was only months away from graduating when I attended my first real estate club meeting in college, and knew it would be a part of my life in the future. Since graduating I landed a knock-out job in my industry, and am the youngest person in my office to buy a home, and have been investing heavily in my retirement all the while - just gotta live below your means.

Good luck on your journey, the best thing you can do now is investing your time in your RE education so that when the time comes you are ready to start. 

@Omar Monsalvo. Found BP the fall after college. Saved a lot of income. Learned a lot. Do some deals, increase net worth and cash flow a lot.

I just love the analyzing part of real estate. I can talk about it all day lol

Hello Omar, my name is Matthew Sann and I also come to UCI. I am a Freshman and I am currently undeclared, but I am wanting to get into Quantitative economics and minor in Statistics. I am surprised to see that someone else has similar interests on this forum and goes to the same school! 

Just like you I found interest in investing for my future! Just three months ago I started reading up on day trading and some real estate investing. I knew I wanted to do those full time in the future. I plan on graduating college and instead of finding a job, I want to do real estate full time to achieve financial freedom with cash flow. 

You should definitely read and learn more about real estate and other ways to sell properties instead of the traditional fix and flip. Try learning about wholesaling and lease option.