Joe Kovich

Joe Kovich began investing in Real Estate in 2001 with the purchase of his first townhouse in Encino. A year later, Joe and his wife Ana bought the lot on which they eventually built their first home in Big Bear. In 2001, the real estate market was very similar to the current market. Prices were down from previous years and interest rates were low (although not as low as they are today). At the time, their interest rate was 7.75%, but the price was still low. Even after paying taxes and HOA fees, Joe was only paying a little more than what they had been paying for rent. That townhouse in Encino and the lot in Big Bear were the beginning of a string of real estate investments (including several in Texas, Florida, Burbank, San Diego, and Hawaii) that eventually allowed them both to quit their 9-5 jobs and move to the "vacation home" in Big Bear. Joe and Ana now live off the income from their rental properties and are able to spend time helping others find properties that will not only provide years of enjoyment for their families, but hopefully also lead them to the kind of financial freedom found through Real Estate in Big Bear and beyond.