EP193: From Zero Experience to His First Rental [Case Study]

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This episode of Investing in Real Estate is brought to you by Mack Weldon. Visit mackweldon.com and use promo code CLAYTON to receive 20% off your order of high quality clothing!

Last fall, I began tracking the progress of an aspiring real estate investor here on the podcast. Pablo Fernandez contacted me wanting to obtain his first rental property, but he had a few limitations in front of him, including a lack of funds and experience. I encouraged Pablo to do some research, and begin looking for a private money lender.

Today on the podcast, Pablo is returning to share his accomplishments since our last check-in! You’ll hear how he found a private money lender, and his experience purchasing US real estate from overseas. Pablo has big news to share; you won’t miss episode 193 to hear part three of his real estate investing journey!

More About This Show
In case you missed episode 50 and episode 59, Pablo is a London based tech entrepreneur, who is interested in increasing his net worth through real estate. By purchasing rental real estate, Pablo aims to have the freedom to work on his startup company, without worrying about bills or income.

After our initial conversation, Pablo began putting steps in action in order to make his real estate dreams a reality. He started reading about real estate investing, and began pursuing private money. In his conversations about real estate, Pablo encountered a friend who happened to have money that he was willing to invest.

Pablo and his friend constructed a deal, and he began working with our team on finding a property that matched his needs.  We're excited to share that he is closing on his first rental property in a few short days!

On today’s show, Pablo is sharing his experience purchasing US real estate from overseas. We’ll discuss the entire process, from setting up business entities, to bank accounts. Pablo’s story is a testament to what can happen when you are proactive. Tune into this episode of Investing in Real Estate to hear how Pablo attained his first rental property! 

If you’re ready to begin building a passive income through rental real estate, book a FREE call with our team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.

On this episode you’ll learn:

  • Why was Pablo unable to secure traditional financing with a bank?
  • How did Pablo find a private money lender?
  • How did Pablo structure his business entities?
  • What was the hardest part about setting up a real estate business from overseas?
  • What are the details of Pablo’s rental property?
  • And much more!

Episode Resources
Mack Weldon
EP050: How to Begin Investing with No Money and No Experience
EP059: How to Secure Your First Private Money Lender
EP034: The Power of Private Money – Interview with Susan Lassiter-Lyons
Getting the Money by Susan Lassiter-Lyons
Getting the Money Course
The Millionaire Real Estate Investor by Gary Keller

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Pablo is sharing his experience purchasing US real estate from overseas. We discuss the entire process, from setting up business entities, to bank accounts. Pablo’s story is a testament to what can happen when you are proactive. Tune into this episode of Investing in Real Estate to hear how Pablo attained his first rental property!