Looking to share, learn, and build connections!

[Victor Mora]

Hey everyone! This is my first post on BiggerPockets! I'm looking to build connections and wanted to introduce myself.

I’ve been investing in real estate for about 3.5 years now. I started with turnkey single-family rentals and have since expanded into a mix of:

• 3 single-family rentals
• Passive investments in a multifamily syndication
• A hotel-to-apartment conversion fund
• Stake in a short-term rental and a couple of PadSplit deals

I went the turnkey route initially because I was working full-time and wanted something more hands-off, but over time I’ve gotten more interested in optimizing for returns and understanding where the real performance comes from.

Biggest thing I’ve learned so far: the projected numbers are almost never the real numbers.

Looking forward to learning from others here and sharing what’s actually worked (and what hasn’t).

[G. Brian Davis]

Quote from @Victor Mora:

Quote from @G. Brian Davis:

Hi @Victor Mora. Sounds like you’ve built a really solid foundation and gotten exposure to a good mix of deals early on. And completely agree with you the real numbers are where the real education happens. If you find yourself leaning more toward the passive side, I have a co-investing club where we focus on underwriting and vetting operators together. 

Thanks @G. Brian Davis! I am also involved in an investing group where we vet operators and do due diligence on deals together. It is through that group that I learned of and invested in the funds/syndications beyond my 3 SFRs. I've learned that operator track record is very important when evaluating opportunities! What types of deals does your investing group focus on? 

Absolutely, operator quality is huge. We actually like doing a mix of deals, land, self-storage, multifamily, boutique hotels, and even a barndominium recently.

We keep it accessible with smaller investments around $5K, so people can diversify across deals and operators instead of going all-in on just one. Sounds like we have a similar approach.