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All Forum Posts by: Sergio Sanchez

Sergio Sanchez has started 3 posts and replied 16 times.

Post: Student Loans vs Real Estate

Sergio SanchezPosted
  • Jacksonville, FL
  • Posts 16
  • Votes 3

I have recently started doing research on how to get involved with real estate investing and brought up the idea to my girlfriend.  She is in the mindset that I should pay down my student loans before getting into real estate.  I have about $30,000 in student loans.  She thinks that I won't get approved for any loan in order to make a purchase.  

I believe that with doing more research I will find a way to finance a deal.  Like it has been mentioned in the podcast and in other posts that if I find a deal the money will come.  If I am able to flip a house and make a profit I then can use some of that profit to pay down my student loan.  

I am 30 years old and currently own a lawn care business. I am projected to make about $30K next year.  Still a pretty young company.  Not sure if these details matter but wanted to include them.

So my question to you all is, should I look for a deal or pay down my student loans first?

Post: Newbie from Jacksonville, FL

Sergio SanchezPosted
  • Jacksonville, FL
  • Posts 16
  • Votes 3

@Andrew Syrios thank you.

Post: Newbie from Jacksonville, FL

Sergio SanchezPosted
  • Jacksonville, FL
  • Posts 16
  • Votes 3

@Brandon L. thank you for the useful links.  I look forward to reading the posts and gaining more knowledge.

Post: Should I become a Real Estate Agent?

Sergio SanchezPosted
  • Jacksonville, FL
  • Posts 16
  • Votes 3

@Tammie Jones thank you. I appreciate that. That is definitely a plus to be licensed in another state as well.  Thank you.

Post: Should I become a Real Estate Agent?

Sergio SanchezPosted
  • Jacksonville, FL
  • Posts 16
  • Votes 3

@Corby Goade thank you.  I figure it can't hurt to be an agent.  

Post: Should I become a Real Estate Agent?

Sergio SanchezPosted
  • Jacksonville, FL
  • Posts 16
  • Votes 3

@Nathan Gesner  I will look into that.  I am getting involved with a referral group and maybe someone in there may know someone who can give me some guidance.  I truly appreciate this.  Thank you.

Post: Should I become a Real Estate Agent?

Sergio SanchezPosted
  • Jacksonville, FL
  • Posts 16
  • Votes 3

@Nathan Gesner thank you for your response.  I was thinking about it more for the knowledge and understanding the markets.  I currently own a lawn care company and will be starting a paint company with my cousin and figured being an agent could help with those businesses as well.  

I will definitely try to talk to some realtors here and do more research.  Thank you again for your input. 

Post: Should I become a Real Estate Agent?

Sergio SanchezPosted
  • Jacksonville, FL
  • Posts 16
  • Votes 3

I have looked into taking a real estate agent online course.  I figured this could help me in the future but obviously it will take some time.  Should I follow through with this or just find a realtor to help me find properties here in Jacksonville, FL?

Post: Newbie from Jacksonville, FL

Sergio SanchezPosted
  • Jacksonville, FL
  • Posts 16
  • Votes 3

@Mitchlyn D. thank you for the welcome.

Post: Newbie from Jacksonville, FL

Sergio SanchezPosted
  • Jacksonville, FL
  • Posts 16
  • Votes 3

@Dmitriy Fomichenko thank you for the helpful links.  I really appreciate it.