53. How To Build Wealth With Real Estate | REI Brothers

Yo Quiero Dinero

English - October 18, 2020 04:00 - 1 hour - 74.9 MB - ★★★★★ - 59 ratings
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Previous Episode: 52. How To Make A Career Pivot And Reinvent Yourself | Fabi Paolini, Brand Strategist & Business Coach

Next Episode: 54. How To Channel Your Inner Hustler | Delilah Dee, Founder and CEO of SHFT Media

Oscar & German Buendia are are the founders of REI Brothers and GoodDay Capital. REI Brothers is a social media outreach and education platform, where Oscar & German showcase their podcast, blog, and projects. Good Day Capital is their Real Estate Investing Firm for the purpose of syndicating apartment buildings.⁣

⁣German Buendia is an active duty Gunnery Sergeant, in the United States Marine Corps, and has been serving the nation for the last 18 years. Currently Stationed at Camp Pendleton, California, where he is fully pursuing his dream of owning and operating multi family real estate and helping others achieve their financial freedom goals. ⁣

In 2016, German began his real estate investing experience by fixing and flipping houses in Southern California. During that time, he realized that buy and hold real estate strategy aligned best with his goals. He currently owns and operates 20 units worth $1.5 Mil. and plans to retire from the Marine Corps in 2021, and from there fully devote his time and skills to continue growing his real estate portfolio and business.⁣

Oscar has been investing in real estate since 2013. He initially attempted different real estate strategies such as wholesaling and fix & flip with a local area group. Quickly, he realized that this was not his niche. In 2017, he went the buy and hold route and purchased his first duplex. For this, he was able to buy below market value, do a minor rehab and force appreciate the asset. This opened his eyes to the benefits and long-haul journey to financial freedom.⁣

In 2019, Oscar partnered up with his brother German, with the initial intention to purchase a few properties in Ohio. That soon changed when they found a 20-unit rental portfolio. From there they networked and problem solved their way to purchasing this portfolio. Currently they are working towards stabilization and then disposition of assets. Their eyes were open on how to scale to larger assets, and from there they have set their sites on raising capital and apartment syndication.

You can follow Oscar & German on Instagram, Facebook, YouTube & LinkedIn.

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Purchase Turnkey Rental Properties Through Roofstock

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