|Land Property where Ricky Hernandez is to build his dream home. Photo taken from Zillow.com|
Q. What attracted you to this field?
- “I have always been around it. My father is a general contractor and as a kid I was always doing the hands-on dirty work. I would help with the projects and renovation as much as I could. My dad also invested in properties of his own and I saw how it worked from him. The best feeling in the world is when you can see a project from start to finish. When I can create something from nothing.”
- “In high school I took four years of drafting and architecture. I loved it. After high school I got my Associates in Architecture at Fresno City College. I had one of the toughest professors, who always gave me a hard time. He would scribble all over my work and called it crap but that was what I needed to push me and it really did make me better. Also, like I said, my dad is a contractor so I constantly saw plans and was exposed to that type of work lifestyle my whole life.”
- “I was 20 years old and I decided to buy my first house. It was a 2007 foreclosure home for $50,000 in Madera. It was destroyed. Doors were missing, there was paint all over the walls. So I had to go in and fix it up. Man it was a lot of work but now I am renting it out and its doing well for me.”
- I am the general manager for a recycling company in Madera. It is called Buy Back Inc. My father created the company and now I run the entire business. I am up and at it from about 7am to 6pm daily. While I’m driving to different locations, I’ll see a property listed for sale and I’ll call. I don’t care if its one million dollars, I want to know the area and the home values. I’m always looking out for the best deals.
- “Simple... great work ethic and most of all budgeting. You have to limit yourself now so you don’t have to later and you can enjoy a much better lifestyle in the future. I’m big fan of fishing and outdoor activities, and I got some great advice from pros out there. One pro I was learning from was also a real estate investor. He asked me, if you were to lose your job right now how long would you survive? That hit me so hard and thats when I realized I have to continue in real estate. I have to find a way to afford my lifestyle and my dreams. I also really believe that you have to surround yourself with successful or like-minded people if you want to be successful.”
- “I want to buy at least one home every five years. By the time I reach 30, I will then have over 8 properties that I’ll be renting out and receiving income from. I can then be able to build my own dream home. I already bought the land by the Country Club in Madera and I am drafting up plans. That is my goal.”
I would like to formally thank Ricky Hernandez for allowing me to conduct an interview with you. Thank you for your time.