EP13 – {Podcast} When Did You Start Investing in Real Estate?

…this investor considered buying his first property shortly after buying his first car! Listen to more:

tony Muniz tampaTony Muniz, a Tampa, Fl native, started off in real estate investing at the ripe old age of 18, with no money and little real world experience.  Tony bought his first home in 1979 for $5,000 by convincing an owner to provide him financing.  By the age of twenty two years old he owned approximately eighty homes throughout Ybor city and Sulfur Springs.

Like every other real estate investor in America Tony was affected by the economic downturn of 2008, but he not only survived he came out stronger and shares his his experiences on tough markets.

Quotes and Tid Bits of Advice:

  • Real estate investors, especially, have to live within their means.”
  • Have the ability to realize when you are simply not fit for an investment.  Tony reveals that sometimes you need to, “Do what you do best”.  You should not waste your time, energy, or resources on tasks that you are not able to complete successfully.
  • Sometimes its better to me lucky than to be good…..Tony believes that Tampa’s bubbling economy contributed greatly to his real estate success.
  • Losing money is not necessarily a bad experience. The only way to know how to not get your nose bloodied is to get your nose bloodied and then make sure it does not happen again

Is he still in the Market?

Tony is currently looking to invest in retail centers that are anywhere from 20,000-50,000 square feet.

Most influential educational tool? Nothing Down: How to Buy Real Estate With Little or No Money Down ~ Robert Allen.

Favorite Restaurant –  Carmine’s in Ybor City.

The best way to reach Tony is his email Tony@gabrieltampa.com or his cell phone number which is 813-932-7944.

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