All Forum Posts by: Ariel Betancourt
Ariel Betancourt has started 3 posts and replied 6 times.
Post: Unclear whether to start investing in a house hack
- Posts 6
- Votes 3
@Ghassan Jabali thank you, I will take all that into consideration. I will also look further into investing with trust and LLC's.
I wanted to get a 2nd job where I can earn some more money but also learn the ins and outs of real estate. I wanted to become a property manager part time. The issue I came across is looking up job applications as a property manager for firms, there is really not a part time option. Does anybody have any experience with this? I would love to learn more and more about real estate while saving up to get into it. Thank you everyone!
Post: Unclear whether to start investing in a house hack
- Posts 6
- Votes 3
I moved to Sarasota for a new job. I am also new to real estate investing. I love the job and I love the city but it is unclear how long I will be able to stay due to family issues. If I don’t know if I can stay that minimum of a year is it still worth it to buy a house hack multifamily?
Post: New Student of Real Estate Investment
- Posts 6
- Votes 3
Quote from @Rob Drum:
Quote from @Ariel Betancourt:
Hello everyone! This for me feels like a big leap in my life. Admitting to myself and to others that real estate investing is something that I want to pursue with everything I have is a big first step for me. I have no investment experience, only stock market and IRA's, but I hope to learn a lot from professionals on this forum. My family and I are originally from Cuba. We have resided in Miami for 12 years. I am currently 21 years old and was recently hired with my dream job in Sarasota County (I saw that Sarasota wasn't an option so I picked the closest.) I am hungry for knowledge, and hope to learn as much as possible before my first investment. Thank you!!
I moved to the Sarasota area last year, and have been impressed by the REIA meetings here. There are easily 5-6 meetings per week you can go to and learn from people who have been in this business for decades. When I was first starting, that's how I learned a ton. The key is going consistently and talking to as many people as you can.
I appreciate the help, I’ll definitely look into some meeting. Do you have any advice on how to go about attending my first meeting? Anything I should be aware of?
Post: New Student of Real Estate Investment
- Posts 6
- Votes 3
Quote from @Kiernan LaFaver:
You've definitely come to the right place. Something I would recommend from experience working with people is to figure out your ideal niche and stick to that, at least just starting out. Ie// fix and flip, single family vs. multifamily, etc. It can be very easy to get tangled down in the weeds of all the different strategies. Is there a friend, family member, or colleague that has real estate investing experience? Having a solid mentor that can show you the ropes and quicken your learning can be invaluable. Always happy to chat if you ever have any questions. Good luck!
Thank you so much Kiernan! I really appreciate the advice. I have concepts that I hope to expand on, strategies that stick out to me when reading and podcast so far are buy and hold properties, the BRRRR method, and house hacking. I do not have any friends or relatives in the real estate world, but that won't stop me from learning everything I can as fast as I can! I will try to find a solid mentor as soon as possible. Thank you for the reply!!
Post: New Student of Real Estate Investment
- Posts 6
- Votes 3
Hello everyone! This for me feels like a big leap in my life. Admitting to myself and to others that real estate investing is something that I want to pursue with everything I have is a big first step for me. I have no investment experience, only stock market and IRA's, but I hope to learn a lot from professionals on this forum. My family and I are originally from Cuba. We have resided in Miami for 12 years. I am currently 21 years old and was recently hired with my dream job in Sarasota County (I saw that Sarasota wasn't an option so I picked the closest.) I am hungry for knowledge, and hope to learn as much as possible before my first investment. Thank you!!