10 Years with the WRONG Real Estate Strategy with Abel Pacheco, Ep. 428

Abel Pacheco is a Real Estate entrepreneur and Texas native. With a proven track record of repositioning properties, delivering quality renovated housing products to market, and delivering consistent returns to investment partners. Abel has experience in acquiring di We talked to Abel about his investing journey, how education helped him, passive investing and The San Antonio Market.   Announcement: Download Our Sample Deal and Join Our Mailing List   [00:01 – 03:51] Opening Segment  Abel talks about his background. He broadly talks about what they are doing at the moment;  [03:51 – 11:16] The Four Steps to Doing Your Own Deals  How they spent 10 years buying single-family houses to realize that it wasn’t the best way; He talks about why he jumped into commercial multifamily syndications; How they came to realize the benefits of passive investing; From passive investing to active investing [11:16 – 28:05] The Role of Education The importance of education before getting into real estate; Abel talks about their investing strategies and the San Antonio Market; What you should educate yourself on as a passive investor; He talks about how they offer free educational resources to passive investors  [28:05 – 34:16] Round of Insights Apparent Failure: Losing all of his profits after renting one of his single-family homes   Digital Resource: Calendly   Most Recommended Book: The Richest Man in Babylon   Daily Habit: Looking at his milestone generational project plan   #1 Insight for Multifamily Investing  Get started, you’ve got to act.   Best Place to Grab a Bite in Dallas Fort Worth:  Las Palapas   Contact Abel: To learn more go to 5talents.capital   Tweetable Quotes: “You want to do a single-family deal? Go do that but don’t take 10 years doing that. You just need to do two or three deals to build up your confidence before you jump into multifamily” - Abel Pacheco   Thank you for joining us for another great episode! If you're enjoying the show, please LEAVE A RATING OR REVIEW,  and be sure to hit that subscribe button so you do not miss an episode.