All Forum Posts by: Bruno Ferreira
Bruno Ferreira has started 2 posts and replied 10 times.
Post: Looking for connections with investors in Porto, Portugal

- Porto , Porto
- Posts 10
- Votes 4
Originally posted by @Luis Bivar Ramos:
@Joao Vieira hi João, it all depends on the deals you can get but it will be hard to get one for 130k.
You can also check a little bit further away from Porto but near a metro station, could be easier
Thanks for your advice.
However, what specific areas would you recommend?
Think Vila do Conde is also overpriced?
Post: Investor from Birmingham UK - (also interested in Spain/Portugal)

- Porto , Porto
- Posts 10
- Votes 4
I'm from Portugal, and I'd recommend investing in emerging suburban areas of Lisbon and Porto.
Post: In Portugal Landlords Can't Evict Elderly

- Porto , Porto
- Posts 10
- Votes 4
Well, that's something I've learnt here about my country.
Don't think it is as bad as David mentioned about Spain. Eviction processes here have become much faster now. Takes 3 months from what I was told.
Post: Anyone onboard from Porto Portugal ???

- Porto , Porto
- Posts 10
- Votes 4
Hi David.
I'm a local from Porto, and I've gotta say investing in downtown had its days a couple of years ago. At the moment we are sitting on top of the bubble.
But if you can find a good deal in emerging areas, I'd go for it. Anything around 15km radius around downtown can apreciate a lot in the long term as the city is expanding.
Post: Is Portugal a good place for investing now?

- Porto , Porto
- Posts 10
- Votes 4
From 2010 to present day Real Estate has exploded in Portugal.
I'm now curious to know if you went through with this deal...
Post: Should a newbie become a Realtor first before becoming Investor?

- Porto , Porto
- Posts 10
- Votes 4
Originally posted by @Bryan O.:
Being a Realtor doesn't teach you anything about investing. Just like working on computers doesn't teach me anything about buying IT stocks. Most agent training is less than 1% investor focused. What you do get out of it is direct access to the MLS and a job that lets you see more properties, analyze more deals, and hopefully build a better network.
Thanks for your reply Bryan.
If you were in my shoes, would you do it or not?
Post: Should a newbie become a Realtor first before becoming Investor?

- Porto , Porto
- Posts 10
- Votes 4
Hey guys!
I'm a new guy here, and I do have some contact with Real Estate as I was managing several Airbnb rental units, and dealt with many landlords in the process.
I'm reading the best books I find about RE (you can recommend some too), and listening to Podcasts.
But I wander if I become a Realtor myself, I'll be able to learn so much more pratical knowledge, than I get from books. Moreover, all books are focused on the United States market, and some stuff does not apply in Portugal.
I have some rental sublettings that give me a passive income that is enough to survive right now. That's important because starting realtors don't get a salary in companies like Remax and Era. But they accept pretty much anyone who's interested in being a realtor, and has decent looks and selling skills.
Just wander if it would be worth my time.
Kind regards,
Bruno
Post: Bruno, 32 from Sunny Portugal

- Porto , Porto
- Posts 10
- Votes 4
Thanks for your comments guys.
I'm sure this forum will be really helpfull :)
Post: Best BiggerPockets Podcast Episodes

- Porto , Porto
- Posts 10
- Votes 4
Originally posted by @Jonathan C.:
There are a bunch, but the here are a few that stick out for me:
Jefferson Lilly- His niche is interesting
Sharad- I agree is funny and inspiring.
Grant Cardone- Straight up MOTIVATING!
Scott Smith- Protect your assets.
Hope you enjoy, but again there are plenty of good ones.
Can you tell me the numbers of all of them?
Post: Bruno, 32 from Sunny Portugal

- Porto , Porto
- Posts 10
- Votes 4
Hey guys!
I was a Airbnb property manager for the last year (rented 6 houses, sublet them on the website), but as the goverment raised the taxes six times, I decided to sublet those houses to international students making a smaller, but almost passive income.
Now, I want to have more of these reach a confortable montlhy passive income. As I want to be a real estate investor with no money down.
I've just found out about this community. The only real estate Podcast I was listening before was from Jay Massey.
Do you guys recommend any online course I can purchase on how to become a real estate investor without putting my own money upfront?
Thanks guys :)