Ernest Mallonga

Ernest Mallonga USAF Veteran | Real Estate Investor | Tech Professional

What You Need to Know Before You Buy an Investment Property 👇
https://www.ernestmallonga.com/rwsready
I teach how to invest with confidence and build generational wealth through real estate.

What's the difference between debt that builds your net worth and debt that drains your income?Most people were taught t...
06/05/2026

What's the difference between debt that builds your net worth and debt that drains your income?

Most people were taught that all debt is bad.

Pay it off fast. Live debt-free. Sleep easy.

I believed that too. Until I bought a a 4-unit apartment building in 2019.

VA loan. 0% down. $240,000 purchase price.

The tenants covered the mortgage from day one.

By 2024, that same building appraised at $428,000. $188,000 in appreciation. Another $25,000 in principal paydown, paid by my tenants.

That debt made me $213,000 richer.

Now contrast that with a car loan. You borrow money. You make the payment. The asset loses value every single month.

This is the difference between good debt and bad debt.

The question is whether your debt is produces or consumes your income.

Good debt is when somebody else pays it down for you. Bad debt has you paying it down alone.

I have a W-2 job. But I also have 10 properties bought with good debt.

Debt isn't always the enemy. Learn the difference and let it build wealth for you.

How was debt affected your decisions in life?

06/04/2026

A single book changed the way I thought about money.

Instead of chasing the next paycheck, I started looking for ways to build passive income and long-term wealth.

That's what led me to real estate, and it changed everything.

The best investment isn't real estate, stocks, or crypto. It's you. What's the best investment iin yourself you've made ...
06/04/2026

The best investment isn't real estate, stocks, or crypto. It's you. What's the best investment iin yourself you've made so far?

My wife and I are terrible at celebrating wins.Seriously. We hit milestones and just move on to the next thing.This week...
06/04/2026

My wife and I are terrible at celebrating wins.

Seriously. We hit milestones and just move on to the next thing.

This week we decided to stop doing that.

So here's a win worth acknowledging.

In 2019, I bought an investment property for $55,000.

Earlier this year, it appraised at $140,000.

That's $85,000 in appreciation.

But here's the part that 's really interesting.

That equity doesn't just sit there. I was able to pull $55,000 out and use it as a down payment on another property.

Now I have two properties cash flowing, appreciating, and building equity at the same time.

I didn't earn a promotion to make this happen.
I didn't get a bonus.
I just bought a house, held it, and let time do the work.

That's the game.

What's the one financial move you've made in the last five years that you haven't given yourself enough credit for?

06/03/2026

Most people were taught that working harder, saving more, and waiting is the safest path to wealth.

But in today's world, that advice alone isn't enough.

The rules have changed, and many people are still playing by the old ones.

Key question: Are you willing to put in the work?
06/03/2026

Key question: Are you willing to put in the work?

What are some of the most common reasons why people never buy an investment property?Someone posted their honest fears i...
06/03/2026

What are some of the most common reasons why people never buy an investment property?

Someone posted their honest fears in a group I'm in.

Three of them.
➡️ I’m afraid of failing and losing all my money
➡️ I’m not handy and I’m afraid of messing up
➡️ I’ve never done it before and I don't know everything it entails

I completely understood where they were coming from.
Because these are all the questions I've asked myself before.
I couldn't help myself but respond.

Here's what I told them.
👉 On losing money: start simple. Turnkey property. Twenty percent down. Cash-flowing asset from day one. It's hard to lose money if you keep it simple. You lose money by trying to overcomplicate it more than you need to.

👉 On not being handy: I'm not handy either. I haven't fixed anything on any of my rentals for years. I couldn't even if I wanted to. I live in Texas. All my properties are in Missouri. You hire a property manager so you can focus on what you're really good at.

👉 On never being a real estate investor before: Every investor started with zero doors. Don't let that stop you. If it's something that's been done by thousands of people before you, I guarantee you can learn how to do it too.

Ultimately, I concluded my response with this.

Don't let your fears get in the way of you building generational wealth for you and your family and achieving financial freedom

Which of those three fears has been the loudest one for you?

Agree?
06/02/2026

Agree?

05/31/2026

Your credit score plays a big role in real estate loans.

It can affect both your approval and the interest rate you get.

While 740+ usually gets the best terms, even 600 can get you started if you’re working with the right plan.

Address

San Antonio, TX

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