Nov 2, 2023
Edgar Barbosa is an investor and realtor with a focus on helping clients get into REI to start their wealth building journey!
It’s clear the Military is not for the weak, and Edgar speaks to the lessons learned during his time served along with how he applies those teachings to his current lifestyle and investments. He dives into his first househack in Cicero including how he decided on the investment type, price point, and location. The power of the VA loan is brought up and Edgar discusses his plan to strategically continue leveraging that benefit. Edgar discusses his second investment which was a condo in Fulton Market and gives his perspective on investing in an A+ location. A repeated theme of this episode is the importance of building good habits, being disciplined, and doing right by others to obtain success in real estate and life as a whole!
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Email the Show: StraightUpChicagoInvestor@gmail.com
Guest: Edgar Barbosa, RE Investors Brokerage
Link: SUCI Ep 245 - JD Modrak
02:50 Housing Provider Tip: Check appliances for roaches and other pests!
04:15 Intro to our guest, Edgar Barbosa!
07:43 Joining the military and lessons learned!
15:13 Life after the military and starting in real estate.
18:26 Edgar’s first househack!
21:02 The Power of the VA Loan.
25:14 Edgar’s second deal.
29:59 Renting to family and friends.
31:29 Fulton Market condo as an investment.
35:57 Edgar’s search for a SFH rehab project.
38:52 Getting a Real Estate license.
42:16 What is Edgar’s competitive advantage?
42:47 One piece of advice for new investors.
43:09 What do you do for fun?
43:18 Good book, podcast, or self development activity that you would recommend?
43:57 Local Network Recommendation?
44:25 How can the listeners learn more about you and provide value to you?
Production House: Flint Stone Media
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