Welcome to a new episode of Get Creative. In this episode, Molly chats with Jacob Tapia, a fireman transitioning to a full-time real estate investor in Albuquerque, New Mexico. Jacob shares his experiences and lessons learned from a challenging real estate deal that almost went south. With a mix of humor and sincerity, Jacob shows how community support and smart advice helped him turn a tricky situation into a learning opportunity. Join us in this talk mixing real estate wisdom with personal growth stories.
Highlights:
"Once you get your first deal done, it's going to help out... It's proof of concept."
"It was nice to have the mentors come in and be like, 'That's not how you should go about it.' So I had to go eat crow."
"By being capitalists, we get to actually help people and stand in the gap where normal banks wouldn't."
Timestamps:
00:00 - Introducing Jacob Tapia
01:36 - Jacob's Transition from Fireman to Real Estate
04:19 - Valuable Mentorship and Rejecting a Bad Deal
06:48 - Lessons from the Deal: Listen to Your Wife!
09:16 - Resolving the Deal and Helping a Family
12:01 - Promotional Segment for Sub Two Students
14:47 - The Impact of Community and Investor Ethics
18:37 - Jacob Shares Advice for New Investors
23:59 - Learning from Mistakes with Title Companies
25:47 - Jacob's Goals and Future in Real Estate
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