Ep.18: Journey to Success: Gorden Lopes Leap from Tech to Real Estate

Hacking Real Estate Podcast

Have you ever wondered how to successfully manage real estate properties from miles away? In a riveting conversation with seasoned real estate investor and Silicon Valley software engineer, Gorden Lopes, we explore this question and many more. Gorden's journey began in 2007 when he moved to the US to pursue his master's degree at Clemson University. His passion for real estate investing was ignited in 2016, and he hasn't looked back since.
In our chat, Gorden generously shares his strategies for buying profitable rental properties, starting with his first-ever purchase in Huntsville, Alabama. He explains how the invaluable experiences from this initial acquisition shaped his investment approach. We also unravel the concept of cash-out refinancing, a game-changing strategy that allows investors to cash in on a property's increased value post-improvement. But that's not all - we also delve deep into the realities of remote property management as Gorden unveils his hands-off investment strategy in the Midwest.
In the final segment, Gorden reveals his favorite books that have significantly impacted his investment journey and provides his valuable perspective on cash flow versus appreciation. Drawing from his wealth of experience, he emphasizes the role of cash flow as the bedrock of building wealth, while also highlighting the appreciation value for those in higher income brackets. Wrapping up our engaging discussion, Gorden offers his top advice for novice investors, underscoring the need for action and relationship building. So tune in and take notes, because this episode is a goldmine of insights for any aspiring real estate investor.
(0:00:00) - Long Distance Investing With Gorden Lopes
(0:11:07) - The Strategy of Buying Rental Properties
(0:26:13) - Remote Property Management and Investment Strategies
(0:39:09) - Favorite Books, Cash Flow, and Advice
(0:43:39) - Connecting With Gorden
About Gorden Lopes
Meet Gorden Lopes, a seasoned real estate investor and Senior Software Engineer based in Silicon Valley. Gorden grew up in India, and moved to the US in 2007 to pursue his Masters degree at Clemson University.
Currently, Gorden is focused on a buy-and-hold strategy, owning several single-family residences and a small multifamily property in Huntsville, AL. His real estate investment journey began in 2016, and since then, he has achieved tremendous success by executing six BRRRRs (Buy, Rehab, Rent, Refinance, Repeat) on single-family homes—all managed remotely.
Real Estate Investing, Buy and Hold Strategy, Cash Out Refinancing, Remote Property Management, Investment Strategies, Cash Flow, Appreciation, Books, Dan Ariel, Poor Charlie's Almanac, Charlie Munger, Never Split the Difference, Diversifying Portfolio, Direct Investing, Midwest, Advice, Future Plans

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