Educated Investor ep29 Late Bloom, Big Boom 14 doors in 4 years starting at age 50. Richard Mercado
This episode's guest is Richard Mercado who went from 0 to 14 doors in 4 years after starting his investing journey at age 50. Richard has done everything from house hacking, full gut rehabs, long distance investing and is now doing ground up construction in South Pasadena. Richard shares the lessons that he learned from:investing in a flood zone where a property that he purchased was destroyed 4 months after purchasing it, dealing with contractors during covid, and how he has been able to problem solve his way to a thriving portfolio of over 14 doors that he owns without any partners.
Richard is not only my guest this month, but also my accountability partner! Richard and I speak weekly and keep each other motivated and on track towards our investing goals. I highly reccommend finding the right partner for this kind of relationship and can attest to the fact that having an accountability partner like Richard has been a huge asset for my own investing journey!
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