Wed, 28 August 2019
Too many aspiring real estate investors never take action because they’re waiting for the right time, or they’re holding off until they know EVERYTHING about multifamily. Spoiler alert: That’s never going to happen! So, what if you simply got prepared for the next few steps and moved forward?
Mauricio Ramos is Managing Member at de Medici Group, a multifamily investment firm based in San Antonio. He specializes in acquiring underperforming assets that can be repositioned to improve the quality of life for tenants and build wealth for investors. Mauricio spent ten years as a Project Manager in the commercial construction industry before leaving to pursue real estate full-time in 2016. To date, he controls $2M in assets and has a portfolio of 234 units across Texas.
On this episode of the podcast, Mauricio joins me to discuss how his life is different now that he’s a full-time real estate investor. He describes how a desire to travel inspired him to pursue passive income and explains how he got his start in mobile homes and single-family wholesaling. Mauricio also shares the impetus behind his transition to multifamily, offering advice around raising money for syndications. Listen in for creative strategies to find off-market deals and get Mauricio’s insight on taking the first step—and THEN figuring out your next move!
How Mauricio’s life is different now
Mauricio’s background and experience
What inspired Mauricio to pursue passive income
Mauricio’s introduction to real estate
Mauricio’s first 10-unit multifamily deal
Why Mauricio transitioned to multifamily
Mauricio’s second and third multifamily deals
Mauricio’s transition to multifamily syndications
Mauricio’s advice to aspiring syndicators
What’s next for Mauricio
Mauricio’s insight on off-market opportunities
How to proceed without a clear plan
Connect with Mauricio