
Show Summary
In this episode of the Real Estate Pros podcast, host Q Edmonds interviews Lou Lopez, a seasoned real estate investor with over 20 years of experience. Lou shares his journey from a corporate background in finance and technology to becoming a successful real estate investor. He discusses the importance of data-driven decisions, resilience in the face of challenges, and the significance of building strong relationships in business. Lou emphasizes his commitment to giving back to the community and creating a legacy that extends beyond financial wealth.
Resources and Links from this show:
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- Investor Fuel Real Estate Mastermind
- Investor Machine Real Estate Lead Generation
- Mike on Facebook
- Mike on Instagram
- Mike on LinkedIn
- Lou Lopez’s Website
- Lou Lopez on Facebook
- Lou Lopez on LinkedIn
- Lou Lopez’s Phone Number: (949) 632-6665
- Lou Lopez’s Email: [email protected]
Listen to the Audio Version of this Episode
Investor Fuel Show Transcript:
Lou Lopez (00:00)
So we’ll go through.you know, the the sub markets and neighborhoods within those sub markets, then we look at a subject property will be ultra conservative in our analysis of that property. We stress test it to ensure that we’re able to deal with any economic a swings in the market that are that may be unexpected. So we try to anticipate and make sure that we are doing our fiduciary best to.
mitigate any potential issues, especially as it relates to our investor money.
Quentin (02:05)
Hello everyone. Welcome to the Real Estate Pros podcast. I am your host, Q Edmonds. And you know what I’m going to say. I’m super excited to be here today. I’m excited about my guests. This gentleman comes with 20 years of experience. comes from a corporate background and listen, he loves data. He lets data drive the decisions. And I’m excited about what he’s doing. I’m excited about his outlook. I’m excited about…just what he’s done in the industry and the experience that he has. And so I am super excited for y’all to just be able to see things through his lens, right? Be able to see things from his perspective. And so I’m going to ask him to take us into his world. And I’m just excited to introduce you to Mr. Lou Lopez. Mr. Lou, how you doing today, sir?
Lou Lopez (02:51)
Doing well, Quentin. Thank you for having me. Look forward to this opportunity to get out and talk to some of your audience and help them understand what it is that I’ve done over the last 20 plus. And super excited, glad to be here.Quentin (02:54)
Absolutely.Yeah.
Thank you so much. Well, listen, let’s dive right in, Mr. Liu. Listen, I want you to take us into your world. Tell us what your main focus is these days. If you want to give us a little bit of your origin story of how you got started within real estate, we love origin stories. But then also tell us what markets you’re operating in as well. So, Mr. Lou you got the floor,
Lou Lopez (03:30)
Okay, thank you. Appreciate that. So it’s been a journey. I started out, uh you know, born and raised in New York City. I was working down on Wall Street for a number of large financial pedigrees and then migrated over into tech and was primarily on the data side and then moved over to telecom, selling large advanced uh technology systems toQuentin (03:32)
and sir.Lou Lopez (03:59)
large carriers, AT &T and the like, which would then distill down that bandwidth into ISPs and ⁓ enterprise accounts and so forth. So I had a lot of fun doing that, but my family was suffering as a result, in particular my children, because I was doing an inordinate amount of travel and really couldn’t see them. So I was looking to strike a greater balance in my life.between work and my, personal life. And, you know, as I was doing that and, and transitioning to that type of balance, I started investing as a limited partner with some guys who were doing flips in Los Angeles. I’m located in Southern California. so, and I’ve been here for quite some time. I had been chasing the sun. So I left New York, went to Chicago.
Quentin (04:51)
Yeah.Lou Lopez (04:52)
Chicagoto ⁓ Cali. So I was investing with these guys and I was getting some, you know, handsome returns, but I was getting disenchanted with the whole corporate world. I was doing very well financially. I had a very large responsibility, but it was a grind, you know, getting on airplanes, hotels, rental cars, doing everything in reverse. got to where I just
Quentin (04:56)
Yeah.Lou Lopez (06:09)
became disenchanted with the whole idea of working for someone else. I’d always had an entrepreneurial spirit. And fortunately, through a lot of my career, I had been with business units that enabled us to grow very significantly. We had a lot of flexibility and we were nimble in our abilities to adapt to change and such.It was a it was a lot of fun, but it started to become ⁓ something that was affecting my ability to be with my children who were very young at the time. So I made that move through my investments and my curiosity about what was happening. I kind of knew about real estate, but I wasn’t sure how to get in the game.
So these guys groomed me and showed me, you know, how to flip deals and, you know, how to obtain the financing and all of that. We had a 17,000 employee workforce reduction in the corporate uh space that I was involved in. After that concluded, I was done. I said, that’s it, I’m not going back. So I immersed myself in real estate, was doing some light industrial.
Quentin (06:59)
Yeah.Mmm.
Lou Lopez (07:27)
He was looking at student housing, single family flips and, and, know, buy and hold. And then, the market took a turn through wait. And we saw what happened then. I dove into, you know, my comfort zone. So I was doing, so I did some investment banking work. I was doing, I did some corporate turnarounds and, and, and so forth. And then,You know, that extended me for the next, you know, 10 to 12 years, started a couple of businesses. and then once COVID started happening, I was already diving back into, real estate in a large way. And so, to this point, you know, we’re sitting on somewhere in the order of about 34 plus hundred units.
across five states, about $980 plus million in assets under management. And, you know, we look primarily in the Sunbelt region. We’re open to other areas. I’m looking at owner friendly environments. So while I live in California and I’ve been here for for several decades, the reality is that, you know, it’s a very small
holding that I have here. But I’m always looking because there’s tremendous opportunity here. It’s just finding the right asset in the right area of the state. Um because there’s rent control here and there’s lot of other you know regulatory issues that you need to deal with. So I try to keep it simple. We look you know very closely at specific markets.
We aggregate a lot of data. You know we spend a tremendous amount of money in being able to have the technology to be able to support our abilities to get very granular with the data that we look at. And so there’s a very specific criteria model that we follow. And as long as we’re able to check all the boxes, we’re able to move closer towards ⁓ looking at a subject.
So we’ll go through.
you know, the the sub markets and neighborhoods within those sub markets, then we look at a subject property will be ultra conservative in our analysis of that property. We stress test it to ensure that we’re able to deal with any economic a swings in the market that are that may be unexpected. So we try to anticipate and make sure that we are doing our fiduciary best to.
mitigate any potential issues, especially as it relates to our investor money.
Quentin (10:35)
Yeah. Mr. Lopez, I love it, man. Thank you so much, sir, for taking us from the origin story to where you are now, talking even about some of your processes and strategies. know data is a big thing for you. So thank you so much for for taking us, you know, just do your perspective down that lane. Um and I want to ask you, I mean, you got 20 years of experience. I know you’re very successful. You’ve given me the numbers.I’m 3400 units like giving me the numbers. So I know that there has been a journey to that success. And we got people that’s listening there from different walks in their path when it comes to their their business. And I was just wondering, you know, I’m sure you come up against moments where times got real. Maybe like deals went sideways times when you had to pivot fast. And I was wondering maybe if you could share a moment like that.
again, to show people that there is a process to success, things are not always going to be easy. And so I was just wondering if you had any stories like that, Mr. Lopez
Lou Lopez (11:40)
Yeah, of course. mean, you know, I’ve been around a minute. So first and foremost, you know, I I have a very strong Christian faith, you know, my Lord and Savior, Jesus Christ, you know, baptized in the River Jordan in Israel. And, ⁓ you know, I’ve got a strong faith. so you know, I find that the biggest challenges are always when I’m, notas connected as I need to be with with the Lord. So um you know, when I’ve been most challenged is when, I’ve not stayed true to my discipline, what it is that I need to do. I need to, you know, invest in myself, not only from an educational standpoint relative to, that vocation and…
and such that I’m keenly interested in. But I like to go wide and deep in in my knowledge base. I know some people have a silo mentality. like to be, stay in their lane, we’re told and so forth. I’m not a big believer in that. think that knowledge is power. I’m a big believer in that. My mom spoke to that, that truth to power.
forever in a day. So I’m a believer in learning, be a student of your craft, be a person who can go and speak to your potential investors, your vendors, with a degree of intelligence where you can educate your investors in particular.
be a fiduciary show that, you got the wherewithal to, be a steward of their investment. Give them that confidence, be a, a person who can provide guidance, educate them, let, you know, the days of, you know, people just handing money over to you and, turning their attention elsewhere.
Quentin (13:27)
ThankLou Lopez (13:41)
Those days are kind of gone. You’re better served if you really want to build goodwill and strong investor relations. You really want to be, turn yourself into a confidant to that investor, educate them, let them make an informed decision, be wide and deep in your, fiscal, literacy.So that way you can educate them and help them understand, look, these are the other types of investments that are out there. Here’s here’s the types of returns that they’ve been able to provide. Here’s how real estate measures up or stacks up against that. And here’s why this is safe and an effective means of you know building wealth for for you. and and if you know so desire to build a legacy, how this fits into that as well.
Quentin (15:12)
Yeah.Lou Lopez (15:12)
Soyeah, I mean, I’ve hit some some some some roadblocks, Um but again, you want to be in a position where you can remedy that situation, get up off the floor quick. Like I tell my son, when you fall and when people fall in general, they’re going to get up. The question is when? When are you going to get up?
Quentin (15:34)
Yeah.Lou Lopez (15:37)
But you’re going to get up, you know, right now, immediately, 10 minutes from now, a day later, a year later, 10 years later, you finally get up and you say, Hey, you know what, I’m sick and tired of this. I’m sick and tired of being sick and tired. I, I, I instill in my son, the confidence to do what’s necessary. And if you fall, it’s okay, but get up immediately.Brush yourself off, keep going. when you quit, you know what I mean? That’s it, you don’t have an opportunity. I played sports, my entire life, and you gotta have that stick-to-itiveness, you gotta have that self-determination. You gotta be coachable. You gotta be coachable. Don’t think you know everything. we have a generation of people who, feel like they can’t be told anything. I’ve got two of them as as children, And and so,
Quentin (16:17)
Yeah.Lou Lopez (16:27)
We have to be able to be open and and listen. That’s part of you know gathering wisdom and discernment. You’ve got to be able to listen. You got to be able to and want to learn. you know so and those situations in my life where I have fallen, I’ve gotten back up. I’ve licked my wounds, And and and I’ve moved on, reinvented myself even.in certain respects. you have to, think positively, glass half full, you know, surround yourself with good people that are, that have your best interests at at heart, that can guide you and mentor you. And if you’re like, you know, like the old saying goes, if you’re the smartest person in the room, you’re not in the right room. So proximity is power, and you need to be able to
lean on people that are wildly successful and that have an ability to want to turn around and give you some love by helping you, mentoring you, speaking a couple of words of encouragement or whatever it is that you need at that moment. So that’s kind of how I how I operate. That’s my orbit, if you will.
Quentin (17:38)
Thank you for sharing so many gems in there, so many, scripture references that’s in there that she was bringing out, ⁓ with wisdom. And you talked about stewardship. You said my favorite word, stick-to-itiveness. That is my absolute favorite word. I don’t hear too many people get to say it. And so thank you so much for saying that word. I love that, And such a great message. Let me ask you this, Mr. Lou What’s the next?real gold for you. Like, what are you looking to solve or scale next?
Lou Lopez (18:07)
Okay, so there’s a method to why I do what I do. It’s not about accumulating units. It’s not about assets under management, nor is it even about how much money I make. I mean, in some respects it is about how much I make, but it’s not for me per se. I know a lot of people talk about legacy and legacy for them is, you know, passing on to their children or even,at a multi-generational level, you know, what it is that you’ve amassed in terms of wealth. But for me, it goes beyond that. And it’s really about helping other people. You know, I’m a coach by nature. You know, I’m a teacher by nature. And so I I have a joy in doing that. But I also have a heart for, human trafficking. You know, that is a big…
big hot button for me, exploitation of, children, stealing, robbing that innocence. That’s something that really burns deep inside of me, to a point where, I have to sometimes, contain myself and that might mean going to the gym, doing some extra reps or what, but, I also have a heart for, homeless veterans.
those suffering from PTSD, troubled teens, disenfranchised you know mothers you know that don’t have any support. Those are my hot buttons. So you know what what as I amass and build my wealth, I want to be able to give back. I want to be able to provide back you know to the world in that respect. That’s legacy in in you know in terms of my…
definition. I mean, I want to teach my children to fish. I don’t want to, I don’t want to just hand my children to fish, right? I might give them a little boost, a little bump, help them along, but you know what? I really want to, I want to do God’s work and give that money away and help, you know, the masses in a much bigger, broader and more hopefully effective way.
Quentin (20:00)
Yeah. Woo.Absolutely. Thank you so much for saying. I listen, I appreciate it. I wrote it down, you know, helping people. I even synthesize it to saying Mr. Lou he really care about people. And it makes sense, you know, that I asked you this question, you know, because I’m hearing you talk about building real relationships, like real relationships with people and value people. Like I think people currency is the most important currency is the relationships that we have. So.
Lou Lopez (20:17)
So that’s my next step.No question.
Quentin (20:45)
Just briefly, I just want you to speak, you spoke a little bit on relationships, but how important is it to you to build good relationships?Lou Lopez (20:54)
Well, I guess I can go back you know to when I was a kid. You know I was always somebody who really relished in what a friendship represented. It was much more than, hey, how you doing? Let’s go play some ball. Let’s go do this. Let’s go do that. Even to this day, I’ve got a handful, a handful of deep.relationships, deep friendships. I know a lot of people. I know a lot of people. I mean raised in New York, 250 kids in my neighborhood, plus, lived in Chicago, lot of business relationships, lived in Cali for a long time, know a lot of people here. Many, many acquaintances, but only a small handful of really deep friends. So that for me is something that
started at a very young age. As I started to, fast track through my career, you know, I was fortunate enough to be with some very, very good marketeers who spoke about relationship building. Not slam dunking deals, not, you know, trying to get over on people, but truly building a long lasting relationship.
because when you measure the cost of what it is to garner a new client and what it is to keep them, know, I mean, the numbers are, they’re stark, they’re there, you know it’s ever present. But if you take the time, nurture that relationship, and this is on the personal side as well.
I mean, it’s probably more impactful on the personal side, but this is a business podcast. But I can tell you that it crosses over in a big way. you really have to, pay attention to it because there is a, an effect on other people based on how you’re treating people and how it is that you, you you’re caring for being thoughtful of other people. so.
When you’re looking at raising capital for real estate, you have got to build a relationship, going out and trying to just, get somebody to stroke a check. that’s not realistic. you may get somebody for one deal, but what about the next deal? And what about the one after that? How is it that you can create that staying power? It’s through relationship building. You’ve got to be empathetic to what it is.
that they need, what is it that they want? What are their pain points and how is it that you can provide an effective solution to get them to where it is that they want to go? And it takes relationship building in order to be able to do that. That’s how you keep a customer for life.
Quentin (23:44)
I mean, y’all hear him? He’s giving you the playbook. This is 20 years of experience. I ain’t even gonna give you the number that he gave me with just how expansive his network is. But let me just tell you, the man know what he talking about. And I thank you, man. know, when I listen to you talk and you brought up God and so, you know, there’s just several scriptures and proverbs that really pop in my brain as you talk. And one of them is like, you, it says,When you refresh others, you in return will be refreshed. And to me, that’s like a core relationship building tool. If you are looking with honesty and integrity and making sure the people that you come in contact are refreshed, you in return will be refreshed. It’s like planting a seed and reaping on that seed. And so when I hear you talk about relationships and really building real relationships,
Man, that turns into lead generation. That turns into maybe funding, get referrals. You know So you set it best. And I thank you for just talking about relationships and bringing it from that perspective. Listen, Mr. Lou, before we wrap, if someone wanted to reach out to you, connect with you, partner with you, what’s the best way for them to reach out to you, Sir
Lou Lopez (24:45)
Referral.I mean, the best way is to you know hit me up on my email or I’m available 24 seven via phone as well. I’m old school in that regard. I don’t mind texting and I don’t mind. You know I’m good with email as well with any form of technology, you know social media, et cetera. you know there’s nothing like you know a a phone call.
you know, and being able to hear somebody, uh, you know, cause a lot of times things get lost in translation with text and, and even via email. So I don’t mind a phone call. The best number to reach me on is nine four nine six three two 66 65 again, nine four nine six three two 66 65, or you can reach me via email at L.
LJL0812 @ proton, p-r-o-t-o-n mail.com LJL0812 @ protonmail.com Feel free to reach out if you need some guidance or counsel or suggestions. If you want to bounce something off of me, you know, by all means.
Feel free to reach out to me. Happy happy to help in any way I can. I’m here to serve.
Quentin (26:33)
There he is, Mr. Lou Lopez. Sir, thank you so much for your story, for your time, for your perspective. You, my friend, are a very wealthy man. And I’m just not talking about money. You are a very, very wealthy man. So I appreciate you being on the show today.Lou Lopez (26:46)
Thank you.Thank you for recognizing that. appreciate it. Thanks for the opportunity. Glad I can be a part of it.
Quentin (26:55)
Absolutely.Yes, sir. Absolutely. Well, listen, everyone, you got the value. You cannot tell me that this was not a very, very valuable episode and conversation. And so just subscribe. That way we can continue to let you know when we bring in you this incredible content, because we’re going to continue to just bring people that’s incredible, just like Mr. Lou Lopez. And so, sir, I thank you so much again for being here.
And to everyone else, we will see you on the next time.
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