All Forum Posts by: Elpidio Quiballo

I can't think of a another great way to spend one-on-one time with @Wendell De Guzman. For those that have been trying to pick a brain of a master real estate investor, this is a neat way to reach out to Mr. Creative himself.

Thanks again for giving your valuable time to the newbies.

Elpidio

@ Wendell De Guzman - another great 'eye opening' post.

I just want to add, know your area that you are investing inside AND out. Mimic other investors that are successful in those areas you are interested in. I agree, have an exit strategy as soon as you look at a property for the first time. Have a plan B. Then have a plan C. Treat it like a business and surround yourself with people more knowledgeable than you, this also includes a real estate attorney, title company and of course - an accountant!

@Wendell De Guzman another fantastic post. Oh yeah, back to my first deal. Before the '07-'08 crash, I was able to get a local bank (closed by the feds now ) + a business credit card (ended up defaulting) to fund both my acquisition and rehab. Not so anymore, now there different ways as you mentioned due to the different lending landscape in today's market. With your five choices, a newbie can also play on their strengths to get to their first deal faster! I call that 'no excuses, just git 'er done!' Thanks again!

Thanks for sharing (the memories) @Wendell De Guzman,

I remember trying to do my first deal. I over analyzed it until someone else got the deal. I made every excuse not to make the offer. What made me go over the hump? I started to make more offers, the more offers made the more you are closer to getting your first deal accepted. With these three steps that you laid out, a newbie has a blueprint to get to their first deal faster than I did.

I agree with ALL your 5 C's. The beauty of this is that YOU don't have to do it alone or lack one or several of the C's - LEVERAGE others to get to your first deal. I partnered on my first rehab deal to get it done!

Thanks for these great tips, @Wendell De Guzman

Elpidio Quballo

Just used it! It's a great tool to market to a specific group in our buyer's list.

Thanks for making my day more efficient! AGAIN:)

Elpidio Quiballo

I am thankful for BP's @Joshua Dorkin and @Brandon Turner for giving us a great resource for investors!

Of course, I need to give a shout out to @Brie Schmidt for making the local BP group one of the best go to meet-up's in the Chicago area.

Finally to @Wendell De Guzman for being deligent in channeling BP as part of our business model, especially the people we have met in-person in the past year through BP.

Elpidio Quiballo

Wendell,

Another great topic to share with BP nation. I have experienced first hand with Wendell starting a pipeline and maintaining it. These pipelines are your RE business lifelines! Thanks for everyone's input, thoughts and comments. Looking forward to learning more ...

Elpidio Quiballo

I'll be there! Thanks to all that made this possible. From a great intro to a great speaker, you can't beat that combo - let's turn out for this BP event! See YOU tonight!!

Elpidio Quiballo

HHS Capital LLC

Wendell,

I'll be there at THE Summit! I invite you to join us for this 'learning by doing' event.

Start the month off by signing up and end it with a JV deal with us!

My acquisition team is working hard to have a bunch of properties for attendees to tour.

Can't wait to meet everyone there!!

Elpidio Quiballo

HHS Capital LLC

Acquisition Team