This week we'll discuss Opportunity Zones with Eng Taing, what they are, and why you should get involved!

Eng the CEO & Founder of Touzi Capital (pronounced Toe-Zee) and is an experienced real estate investor with $100M assets under management. Eng is an economist by training, from the Wharton School of Business. He also has experience leading data science and analytics at Apple, Capital One and AT&T. He's the classic immigrant story, born in a refugee camp in Thailand escaping the Khmer Rouge and finding success in data & math in America. Eng focuses on high cash flow investments and providing passive income to investors by acquiring and optimizing multifamily, senior living facilities, & bitcoin mining operations.

A bit about Alex:

Graduated college in 3 years with a degree in Finance. He bought his first property right out of school, a 6 bedroom for $160k. While living there, he started renting out 2-3 spare bedrooms, what is now commonly known as “house hacking.” He’d go on to sell that house two years later for $200k. He would go on to rent out his next property on Airbnb on the weekends and gross enough to cover the double the mortgage.

Realizing his passion for real estate and helping others, he started working as a lender shortly thereafter at one of the fastest growing mortgage companies, LoanDepot.

These days he’s doing $1-2M a month in loans. Mostly working with investors, focusing on cash-out refis and BRRRR deals. In addition to conventional financing, he has some knowledge on creative financing strategies; bank statement loans, cash flow loans, hard money options.

As part of the #30daystobuyahomechallenge, we’re going to start cramming some classes

This second is going to be about finding deals and identifying markets