All Forum Posts by: Christian Ortega

@John Jacobus thanks for the tip! Just signed up. Certainly looking forward to meeting you and the other members.

@James Wise thank you for sharing!

@Angel-Ty L. thanks for taking the initiative to set this up. I share similar endeavors. Will be in attendance. Looking forward to meeting everyone.

@Raul R. thanks for your response. I'm in the same boat, the local market is the best place to start so I'm doing research on where to start. Right now I have a strong interest in mobile homes and mobile home parks. From what I've learned, the cash on cash ROI is the highest amongst all REI deals. I want to flip and rent a few mobile homes, which is why I asked the LLC question so I appreciate your feedback on that inquiry.

I've noticed that some of these gurus lack integrity when "helping" folks learn about REI. I have invested a good amount of cash already in learning courses and I think I'm done with it. I'm hearing a lot of common information on BP whether its podcasts, articles, youtube videos or books. I will be attending my first REI meetup on Monday so I'm excited to work the room.

Hi @Caileen Gonzalez pleasure to meet you as well. I wish you the best of luck as well. Check out @Raul R. response below, he's also an NY native and provided some great feedback.

@Dmitriy Fomichenko thank you for your feedback. I have already read the Beginner's Guide, it was the first piece of literature I read to start my education. Love the podcast and just absorbing as much info as possible. I will work on connecting with fellow BP members. Networking is one of my exceptional skill sets. Thanks! 

Good evening fellow BP community,

My name is Christian Ortega and I have made the decision to embark on a journey to financial freedom through Real Estate Investing. I'm novice to the industry and have taken the initiative to reach out to my personal network for a 101 on Real Estate. To no surprise, a common reoccurring suggestion was to sign up to BP, take the webnairs and start listening to the BP podcast. And you guessed it, I'm learning a lot! I've also taken a Fortune Builders 3-day workshop to add to my education. I am reaching out to the community to start healthy dialogues with investors, BP members and anyone willing to offer a helping hand with advice in securing my first deal. 

My goals are simple for now and I'm sure will grow with experience. In two years, I want to have enough assets paying off a car lease and rent for an apartment. In five years, I want to have enough assets to purchase a condo and have the mortgage paid with consistent cash flow. In ten years, I want to retire from the rat race and live off and build my Real Estate assets.

I know that this will take hard work, I know that there will be bumps on the road, I know this will be a journey that will test me but I welcome it all. I like to work hard, it is how I'm built. My goal here is to build a foundation, a network, resources and give back when necessary. However, to get there I need help. So to start off, I have two simple and direct questions for veteran/seasoned real estate investors and BP members:

1) How long was your learning curve before you took action on securing your first deal?

2) Is it better to create an LLC prior to securing your first deal?

Looking forward to the responses.

Thank you to those who took the time to read the post and an extra thank you to those who respond. 

-Christian