Introduction & Investing feedback

[Adrian Rodriguez]

Hey everyone!

My name’s Adrian Rodriguez and am located in the Omaha, Nebraska area. I am currently 22 (turning 23 on the 19th) and am soon to be married next year. My fiancé and I currently rent and plan to do so for the next few years or so (depending on certain factors).  I’ve been listening to the podcast for a month now and am intrigued with the idea of investing and real estate. I currently run and own a lawn & landscape company and work in that almost full time while the rest is in an insurance office. I want to get into the real estate business to grow wealth for the long run and create sustainable passive income. As many of the podcast listeners know, I know this isn’t a get-rich-quick type of deal and understand that there is work to be done. There is much more learning I plan on doing and have a few options in mind of how to start investing. My business allows me to save up to a few thousand a month (after expenses and bills) and plan to do so for many months to come, especially when focusing on growing. With that said, there is no doubt that I’ll continue to save but would appreciate feedback on whether I save enough to the point that I can cover everything major in my first investment or if I should utilize lenders and/or loans to fund the process? 

Glad to be a part of this group and hope to hear from many of you. Thank you!

[Monica Albers]

Please text me to  schedule phone call and talk through the steps. 

Mo Albers- Realtor DVG KWELITE Omaha 

402-609-9495 

[John S. McVay]

Hi Adrian, I'm in the Bellevue and South Omaha area. To answer your question, I'm a fan of the BRRRR process, which may require you to save up more for your first property so you can buy it in cash and then refinance at a higher value, but after the refinance you can repeat the process again without having to save up more for the next property.

[Julien Jeannot]

To add to the BRRR strategy and suggest looking into duplexes, triplexes, and fourplexes.

Favorable financing, easy to self manage and ability to rehab when resources allows.

I might be a bit biased on this strategy, it was my first move and a great launching point to bigger things.