UREI-28 When To Hold

Welcome to unstoppable real estate investing wealth. My name is Billy Alvaro, AKA the unstoppable BA former billion dollar mortgage banker gone bankrupt turn professional real estate festival where each week you'll learn the tools, strategies, systems, and secrets myself. And other highly successful real estate investing entrepreneurs used to start, grow and scale their businesses, creating massive profits and how you can too. [00:00:31] And we'll teach you how to put those profits to work. So you no longer have to get ready to finally experience financial freedom and generational wealth. Now let's get started. What's up. What's up everybody. This is Billy Alvaro unstoppable BA and this is unstoppable REI wealth. I am shooting still from beautiful sunny, Puerto Rico, 85 degrees here for a month. [00:00:56] Loving life, loving this virtual investing lifestyle and only able to do it, honestly, because of the great. Freaking people, teammates that I have back in the States in New York and New Jersey, I have a team that is absolutely crushing it. I adore them. I love them. They are the best at what they do. And I have all my faith in them that they can handle things I'm still involved. [00:03:24] And more importantly, I didn't have any cash reserves at all. So when I got back into into the real estate market, my mind shifted from buy and hold. To fix and flip and wholesale. And they did that specifically for one reason I needed to in my head, this was my own belief. I needed to build up a large. [00:03:44]Base of cash. So I could be comfortable to ensure that I'm never going to be in the position I was in. Again, once they hit a certain cash number, then I was going to go out and start buying and holding. And now we have 48 units, which honestly is nothing compared to what, where I should be and what I want my goal. [00:04:01] Is in the next nine years to have 5,000 units and I will 100 freaking percent get there, not going to get there with singles. It's going to be with apartment investing. So my next piece of this whole business is building it out. But let me run by you. What I think you should do when you're starting out. Tune in and find out! Check out billyalvaro.com and billyssecrets.com Talk to you all soon!