All Forum Posts by: Stephen Horan

Hello all! Motivation has a strong hold on myself and I want to capitalize. Reviewing my portfolio has me more curious to leverage what I have built. Having mostly gone this far independently, I want to seek mentorship in what I should do with my built equity. Strong multifamily interest and scaling from current portfolio. I have some online mentorship options I am strongly considering, but hope to hear of others preference and success. Anyone share this view?

1 Vote

Sacramento, California

Quote from @Eshe Harvey:

Quote from @Jaycee Greene:

Quote from @Eshe Harvey:

Quote from @Jaycee Greene:

Quote from @Eshe Harvey:

Quote from @Jaycee Greene:

Quote from @Eshe Harvey:

I had a coffee meeting today with a well-respected figure in real estate that turned into something far beyond what I expected. This wasn't just networking - it was a shift. He told me he sees something in me. He said he'll personally mentor me to help perfect my pitch and business plan - and he wasn't playing. He gave me real homework assignments, and we'll be meeting again to make sure I can articulate the vision, not just dream it. And the most life-changing part?

He said I don't need to worry about funding - he and his team will provide that once the vision is solid and well-crafted, he insisted that money isn't an issue. He is helping me make sure that my vision is solid. But he says he sees my potential or else he would have not taken time out of his very busy schedule to meet with me. He says I am on his radar.

He also told me something that stuck: move intentionally - and be willing to cut ties quickly with anyone who doesn't align with the mission. This journey isn't about pleasing everyone. It's about precision, purpose, and positioning. I'm still taking it all in, but I wanted to share this as a reminder: the right people will meet you where you are - if you're willing to show up prepared, focused, and open.

Hi @Eshe Harvey. As you obviously know, this is tremendously valuable for you. How did you first come in contact with this person?

I went to a real estate networking event. We talked for like an hour there and then he said he would love to talk more in person over some coffee and breakfast in a quiet atmosphere. So that was yesterday and he voluntarily agreed to mentor me and provide the capital, him and other wealthy people that he personally know are looking for great ideas to invest in . I am forever thankful. Now the pressure is really on.

@Eshe Harvey What is your homework?

The first assignment I was given was to deliver a clear mission statement by a set deadline. From there, the plan is to start working on crafting my pitch and learning how to articulate it effectively. That structure pushed me to organize my vision with more clarity and gave me a real sense of accountability. It’s been helping me move with even more purpose and preparation for upcoming opportunities

@Eshe Harvey And how do you foresee that mission statement translating into real estate?

I'm not just asking to add posts to my profile, but I've worked with similar developers whose mission is to give back to their community through their real estate development skills, particularly in an area/neighborhood where they grew up, they still go to church in, or have relatives that still live in...which I'm getting a slight glimmer of that with you...though I could be wrong!

If you’re willing to connect, I’d be more than happy to share my mission statement with you. So you could get a better scope of my vision. :)

Also interested in the mission statement!

1 Vote

Hello. Looking to connect with like minded of the Redding Ca area. Currently live in Rocklin Ca. Investor currently looking for potential deals. sweat equity, seller finance, multi unit value add. thank you!

1 Vote

Redding, California

Investment Info:

Single-family residence fix & flip investment.

Partnered on poor condition property. Minimal profit but a lot of learning!

0 Votes

Investment Info:

Single-family residence fix & flip investment.

Cash invested: $20,000

Subject-to purchase with partner

0 Votes

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $365,000
Cash invested: $70,000

Single family home with triplex on property seller financed found on loopnet.

0 Votes

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $140,000
Cash invested: $32,000

Single family home purchased through word of mouth as 2nd single family rental ever purchased.

0 Votes

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $108,000
Cash invested: $160,000

Short sale just prior to COVID. Terrible condition sweat equity deal needing a cash buyer. My first step into real estate using the BRRR method. Renovation cost was under estimated but purchase price was well protected from a financial loss. Home has more than doubled my original investment since 2018 (7 years).

What made you interested in investing in this type of deal?

Worst home on the street. Great entry point to the market. Great upside. 2 bathrooms versus 1 for this price point. Fear of waiting and not acting on opportunity. Numbers worked.

How did you find this deal and how did you negotiate it?

MLS. Ran escrow through its time and asked for significant price reduction at end of escrow.

How did you finance this deal?

pulled home equity line of credit loan following completion.

How did you add value to the deal?

Renovation.

What was the outcome?

Consistent rent and appreciation.

Lessons learned? Challenges?

Renovations are a TEAM project. You will be stuck and losing income if you do not flip a house with a TEAM.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Yes. Daniel Miller (real estate agent)

0 Votes

All Forum Posts by: Stephen Horan

Stephen Horan has started 8 posts and replied 18 times.

Post: Equity and mentorship

Post: One Coffee. One Conversation. Life Changing Moment....

Post: Connections and network!

Post: Dunsmuir ave. Fix and flip

Post: Montana Ave. SFR

Post: Dunsmuir ave. 4 unit

Post: Second st. SFR

Post: Weldon Street SFR investment