All Forum Posts by: Rome Star

Dear Jacopo, I wanted to extend my sincere appreciation for dedicating your valuable time to reviewing my forum. I am truly grateful for your positive encouragement, as it has provided me with great motivation. Your attention means a lot to me, and I am genuinely thankful. Warm regards.

My journey began during the pandemic of 2020, when I found myself burdened with debt and a credit score below 500. Fortunately, I had recently started a new job in an essential field, which provided a minimum wage income. It was during this challenging time that I made a decision to prioritize saving money on a monthly basis. As someone who has a tendency to spend excessively and live paycheck to paycheck, the lockdown measures implemented during the pandemic unexpectedly helped me stabilize my financial situation. This prompted me to shift my focus towards planning for the future and setting clear goals.

Motivated by a desire to own a home someday, I began exploring listings on platforms like Zillow and Redfin. As an eternal procrastinator, I never truly believed that I would be able to achieve my dreams. However, I stumbled upon a property in an ideal location and decided to reach out to a realtor. Surprisingly, I discovered that I was eligible for a private loan to obtain a home mortgage. This realization left me astonished at my own capabilities.

In 2021, within the span of a year, I successfully made an offer on my first condo, situated near the famous Las Vegas Strip by Bellagio. To maximize its potential, I utilized the property as a short-term rental on Airbnb. Witnessing my dream come true was a truly remarkable experience. After seven months, I took another leap and purchased a single-family home, which I also converted into a short-term rental. To further expand my real estate endeavors, I acquired another condo near the strip, implementing a house hacking strategy to optimize the use of space. Remarkably, everything aligned perfectly according to my plans, leaving me in awe of the reality I was living in.

Presently, I continue to strategize and aspire to acquire more properties, with the goal of becoming a successful realtor investor, further building my real estate portfolio. While I do not consider myself an expert, I am determined to enhance my knowledge in real estate investing. To this end, I have started listening to the BiggerPockets podcast, which has been instrumental in my educational journey. I extend my gratitude to all the podcast hosts for their valuable insights and guidance.

Greetings Angie,

I am delighted to inform you that I have recently joined the esteemed Biggerpockets forum today. Permit me to express my personal viewpoint: the year 2020 has truly been a turning point in my life, as I made a resolute decision to bring order and organization into my life. I am immensely grateful that the pandemic, in its own peculiar way, presented me with the opportunity to save money and devote time to rectifying my credit score, ultimately enabling me to pay off all my debts within the span of that very year.

Emboldened by this newfound financial stability, I ventured into the realm of real estate by earnestly exploring available condominium options in Las Vegas, Nevada. Through diligent research, I successfully secured a favorable private loan and became eligible for a home loan. Consequently, in the year 2021, I proudly made my inaugural purchase of a condominium, which I now offer as an Airbnb. Building upon this success, a mere seven months later, I acquired a single-family property which I currently lease as a short-term rental. Notably, by the year 2022, I further expanded my real estate portfolio with the acquisition of another condominium, which I presently employ as a house hacking investment strategy. It is worth mentioning that my journey into real estate commenced without any formal education in the field; rather, I relied predominantly on extensive research and avidly consumed the invaluable insights shared through the Biggerpockets podcast.

With each venture, my interest in real estate investment continues to grow, fostering a profound desire to acquire more properties. Undoubtedly, investing in real estate offers an exceptional avenue to embark upon this exciting endeavor. The cash flow generated from these ventures can be astutely utilized to facilitate the acquisition of subsequent homes, which can be subsequently inhabited and further leveraged through house hacking, thus initiating a cycle of continuous growth.

Wishing you the best of luck in your own endeavors.

Warm regards.