All Forum Posts by: Arturo Borges

Hello Rochelle!

A little bit out of context, and because I would advise that to my self if I was you. Try not to leverage to that extent. We all know that sooner or later a crash will come, and one of the most powerful ways to protect yourself is by not over-leveraging, even if you are just flipping and not holding.

I hope you keep killing it in your upcoming deals!

Take care,

- AB

@James G. It is a valid point of view, but I always tend to go against the grain when someone says that something is "better" or "you should never", "you should always". It always depends on your strategy, risk tolerance and pretty much what you like doing. For some investors, it wouldn't make sense to hold on to a property for 20 years, they simply like to add as much value as possible and get rid of it, and be in constant acquisition mode.

Just like the stock market, you can play the game as a "trader", or as an actual investor, both ways you can make money, but then again, what is your strategy? how tolerant with risk are you? do you like being constantly trading stocks and hands-on in the process? or simply deploy your capital in a stock that you actually believe in and have a solid understanding of, and then hold it for years to come?

I hope this helped a bit!

@Luis Barberi That is also a good thing, it will probably be a little difficult unless the company has enough size to be talked about on the internet, but either way, be very diligent and aware and you will do great. Good luck!! 

@Luis Barberi Luis, you are 100% right. Personally, Integrity, Track record, Conservative culture, and Interests alignment are key when selecting a firm to invest with.

You NEED to feel great about investing with a certain company, you need to feel that you can actually trust them and sleep well at night knowing that not only do you believe in the product you invested in, but the people behind it. Of course, it is very important to know that these people have a track record of success and know what they are doing, and most importantly that they show a conservative investment culture where they prioritize a solid, conservative, yet high yielding investment protected from downturns more than looking for non-protected, volatile investments with unrealistic high returns that whenever a correction comes, they are done.

Let me know if you have any other questions, and I wish you a great investing journey!

-AB

@Akash Y. It really comes down to your experience and knowledge. Do you do this as a full-time job? Or you buy your real estate on the side? If so, becoming an asset manager for multifamily real estate really is another game and I would urge you not to go there. If you are doing real estate full time, become an "expert" in your niche, establish a solid investment criteria that is aligned with your beliefs, investment goals and risk tolerance and start growing from there. If not, you can always become a passive investor, which I honestly think would be the best way to go if you have that kind of cash, and allocate it strategically. 

Feel free to shoot me an email if you have any other question.

-AB

@Account Closed You have to realize the current economic cycle we are at. This certainly is not the best time to flip properties, you can definitely do it and still make money, there's a lot of people out there doing money even in an inflated market like we are at right now. How? I'd say PATIENCE and don't get greedy, you gotta understand that you will probably not find deals where you can make a profit like it's 2010, it's just not going to happen, you will mostly make 10%-15% profit in 4-7 months deals. Of course, if you can eliminate leverage of the equation and just focus on finding one big-enough deal, you can do that, but it can take a while for you to find it, again, patience.

@Jordan Ray Absolutely, I can refer you to a couple of great, trustworthy, experienced, investor-friendly realtors in FL. Send me an email.

@Travis Feldewerd That is exactly right, simply put, is a more sophisticated way to refer to the payments of the interests and/or principal of the loan for a particular period.

Good luck!

@Jonne Washington Absolutely, as a starting-out investor like yourself I encourage you not only to go to your local REIA events, but be proactive, read books, listen to podcasts, interviews, and also try to find other networking events at meetup.com for example and even eventbrite.com

Don't hesitate about shooting me an email if you have any more questions Jonne, I will be more than happy.

@Tiffany Naka Hey Tiffany, sounds great that you are wanting to start as a real estate investor. By reading this, I can advise you to do your homework and don't just invest because you want/need another stream of income other than your job and try to do it all yourself. You mentioned you want to invest in a multifamily real estate, and that's great, I myself invest in that asset class, but you have to be careful, there are other elements involved when investing in multifamily real estate, specially when operating the property yourself!

DM me if you have any other questions if you want. Have a great one!