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All Forum Posts by: Raul Mena

Raul Mena has started 1 posts and replied 2 times.

Post: How to start my business

Raul MenaPosted
  • Posts 2
  • Votes 0
Quote from @Jonathan Greene:

You are reading books, but not interacting with real estate investors at meetups which is why both things you said don't make any sense. BRRRR is not a great strategy in most markets now because inventory to buy is low so you have to pay more which shrinks your mini-renovation to rent ratio due to rates as well.

LLCs are of no use to you now at all unless you are going to run a business through it before investing in real estate for two years. This is classica analysis paralysis fodder. You need to meet more real investors to match the overviews you are getting from books.


 Thank you for the response and the feedback.

Post: How to start my business

Raul MenaPosted
  • Posts 2
  • Votes 0

I want to start investing in real estate, and I am going over all these books to see the type of strategy that I am going to follow. Right now, the one that has been catching my attention the most is the BRRRR method. Today, I own a single-family home where I am currently renting out one room. I am starting my real estate investing journey and have been hitting a wall with the type of entity that I should establish to start my business, such as an LLC.