Juan Pablo is able to invest and acquire several rental units using creative financing. And he’s able to do it even in the most competitive real estate markets around, with some of them being out of state. Thanks to this, he’s now earning about six figures a year in passive income. And in one of his recent ads (which you may have seen already while browsing on social media), Juan states that he wants to help new and struggling real estate investors achieve the same. Instead of the usual methods of real estate investing with single-family units, wholesaling, and fix-and-flips, Juan will introduce you to the potentially-much-more-profitable idea of multi-family unit investing.
Juan states more of this in his video ad. “Many people are using the BRRRR strategy. You know, buy, rehab, rent, refinance, repeat. They’re trying all these other real estate strategies in the single-family game. But multi-units, they’re a blue ocean. Nobody can figure ’em out. So there’s no competition.” Furthermore, multi-units also allow you to do deals anywhere, leverage creative financing, and tap into economies of scale. In Juan’s comparison, it takes the same time to close a six-plex as it does a single family, but the latter will produce way more cash flow.
Juan then continues with this statement. “But you must put the cart before the horse. Most people do it backward. They find the deal and then try to find the money. Meaning, they’re reaching out to deal finders: Real estate agents, wholesalers, or they’re reaching out to sellers directly, right? And then once they find a deal, and they lock it down, get it under contract, they then scramble around trying to raise capital. And then what if they don’t? Then what? Well, you lose all your credibility in the eyes of the deal finder. The agent, wholesaler, or seller directly.”
“So what you wanna do instead, is you wanna show them the money. Prior to getting it locked down under contract, you want to be able to show these deal finders your purchasing power. Because, with agents, especially, they’re commission only. They’re looking for a check. So you have to paint the picture in their mind that, ‘Hey, my mission, is your commission.’ And you know you do that by using scripts and so forth so that you’re able to paint that picture in their mind. And once you do that, they’ll find you deals all day long.”
Juan is a firm believer that focusing on just one business model and just replicating what works is the key to success. For this instance, you want to train your deal finders to bring you only multi-units, that fit certain metrics, size, cost per door, and so on. Once you’ve set the criteria, it’s all about finding the right market. For this instance, you need cities with a high percentage of multi-units available. As much as possible, they must be affordable, decent, and able to produce predictable returns. They should also be located in a safe area, with a low crime rate, and good schools. Basically, if the area has a good potential for development in the near future (such as big name infrastructure construction, more jobs opening up, etc.), then it’s a potentially attractive investment.
The next step is to implement a good system in place and to build your team. You’re aiming to become a true real estate entrepreneur here, not a landlord. You don’t wanna be doing all the labor, like sweeping front porches and evicting tenants and coordinating repairs and all that stuff. By removing yourself from the day-to-day labor, you’ll be able to step back and see the bigger picture. Maybe you’ve got a five unit that’s cash flowing that you can legally turn into a seven unit. It’s also possible to learn all this through trial and error, but would you even want to waste all that time and money just for something that isn’t working for you?
Of course not. That’s why, it’s most likely better to work with an expert like Juan Pablo, who can help you get your model, your money, and your market right, and accelerate everything up. He and his team can show you exactly what to do, what errors you must avoid at all costs, where to get the money, which market to go into, and how to scale up quickly to reach your desired level of passive income. And it’s all contained within his 100 Percent Financed Academy. There’s no mention on how much it’s going to cost you, but assume that it’s not going to be cheap at all. But it could be a worthwhile investment if you want to to get started into real estate investment. But with the price, maybe investing in a digital real estate could be better and more accessible for you.