In Episode 53, we’re hosting Oscar & German Buendia, brothers, active military personnel and real estate investors. We’re talking about how to build wealth with real estate investing.
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 connect with Oscar and German here.
Episode 53 Highlights:
- Starting real estate investing journeys through wholesale and flips
- What it means to purchase a real estate investment portfolio
- What the heck a syndication is
- Multi-family vs single family homes, and why multi-family may offer greater diversification
- The limiting beliefs they had to overcome to get to where they are today
Take your pencils and paper out because we are learning TODAY!
Until next time, stay empowered, stay inspired and #staypoderosa ✨
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