All Forum Posts by: Juan Cristales

Hey Chris!

We can talk about your CPA skills offline. Send me a message, I may have something that may be of mutual benefit regarding flipping or more wholesaling. Good luck and as always, MASSIVE action is the true key to success... (there are caveats though... like massive action catching up with the next season of whatever show... yeah, that doesn't count... Just sayin').

There is SO much content available in the questions you presented. It simply lets everyone know that you are thinking through things correctly. Aside from writing a small book, which there are plenty of and have more experience/expertise than I do, I am simply going to tell you this: 

I've used my own money and have now decided to not go down that road again. 

I've used my own hands as labor (and was advised against it) but did it anyway and now prefer not to do that... We are entrepreneurs and there is a much better use of our time than to figure out why the door isn't closing correctly at midnight on a random day of the week. Why? Because as a non-carpenter, my decision was to shave the door, which looked like crap, was not a straight line (lack of tools) and sucked more of my already stressed time.... Just sayin' bro...

Gimme a call anytime as I enjoy talking real estate like many of the others here. 

Welcome to BP!

Always happy to share some knowledge! I'm in your local market and if you ever need a second opinion, let me know. 

Juan

Hey Kenneth! Welcome to RE Investing! I'd be happy to help you side-step a few land mines (no charge!) as I've had plenty of people help me at no cost.  

Oww man! @Aaron Mazzrillo, school of hard-knocks speaks up! Well put brother and not that I'm hoping ill on anyone, but you are on point about not making as much on a deal as you think you're going to. Doing that math, doing those numbers take time and experience to hone. 

@Tyler Leonard, I'm pulling for ya! If it's a house I'm selling, I will do anything within my ability (morally, ethically and legally of course) to ensure I get that check in hand! 

@Travis Glenn that's always a tough call.  Not sure how seasoned of an investor you are but I will share with you that I too looked at mobiles when I was starting out.  For me the appeal was the lower price point but I will tell you that I was counseled to stay away from them as long-term investments, especially when starting out.  I'm not as seasoned as some of the guys on this forum but I am less afraid to take down a mobile home/manufactured home/trailer.  However, my exit strategy on those will almost inevitably be to buy it super-cheap, all cash and then turn right around and owner finance it to an owner occupant.  It will be a great return on your money but then again, you have to have the money.  We are then again back at the beginning, if you are starting out, though VERY tempting, I would suggest steering clear of mobiles; especially if you are looking to landlord.  Good luck and let me know if can ever help you.  

@Fred Stevensonundefined

Empire Industries is a fantastic company.  They don't manage my own because I now live locally, but from everything I've ever heard/read/researched on them, they are a top-notch property management company.  

Best of luck!

@Steven Spruell, welcome to the BP community! 

This place is awesome and will be a great addition to your support network in learning and growing.  Any time you want to talk, grab a cup of coffee or something, let me know! 

Have you decided what type of RE Investing you want to do?  

Back when I was doing rentals I used Donny Gothard and his team at Gateway. He has since moved to Stonegate Mortgage. Truthfully for me, Donny and his crew made all the difference and if I need something like that again, I will look for Donny.  Exceptional customer service... They understand the intricacies of real estate investing... They are investors themselves... What more could you ask for?  Good luck brother! Welcome to Tejas!

@Sernel Josephwelcome to the BP Community!  Let me know if I can assist in any way.