EP034 Infinite Returns through Multi Family Investing, Starting your own Management Company and Turning Around a 24 Unit with 42% Occupancy with Josh Sterling

EP034 Infinite Returns through Multi Family Investing, Starting your own Management Company and Turning Around a 24 Unit with 42% Occupancy with Josh Sterling

Last week I spoke with Josh Sterling about his Single Family Rental Investments and the plateaus he's overcome while building his portfolio from 1 to 160 units.

This week, in part two of our conversation, Josh and I discuss the 24 Unit Apartment Community he purchased on Land Contract that had a 42% occupancy rate and how he managed to turn that around. Josh shares how he improved the occupancy to near 100%, and cash-out refinanced all of the money he originally invested.

We discuss the "Infinite Return" he's created by no longer having any of his own money in the investment, while still cash-flowing $5,400 a month. This is the Holy Grail of real estate investing, and Josh is going to tell us how he did it.

We'll also talk about the 53-unit Josh purchased next, how he built his team at Epic Property Management, the systems and property management software he put in place to help build his portfolio, as well as new construction projects he's undertaken recently.

This episode is bursting with great information for novice & seasoned investors. Be ready to take lots of notes!

http://epicpropertymanagement.com/

Jaksot(588)

EP470 From Setbacks to Success: The Journey to Multimillionaire Status with Jose Berlanga

EP470 From Setbacks to Success: The Journey to Multimillionaire Status with Jose Berlanga

My guest today is a successful inner-city builder, real estate investor, and developer with over 25 years of experience. Jose Berlanga's story is one of building, losing, and rebuilding from the groun...

30 Joulu 202434min

EP469 Buying and Selling Real Estate on Your Terms with Chris Prefontaine

EP469 Buying and Selling Real Estate on Your Terms with Chris Prefontaine

Chris Prefontaine has figured out a way to navigate all kinds of real estate investing challenges by 'buying on his terms'. He's engineered his entire business to weather all storms and economic cycle...

23 Joulu 202429min

EP468 Which Floor of the Wealth Elevator Are You On? With Lane Kawaoka

EP468 Which Floor of the Wealth Elevator Are You On? With Lane Kawaoka

When Lane Kawaoka was last on the show, it was shortly before he left his day job as a licensed professional civil/industrial engineer. Since then, Lane has gone on to found The Wealth Elevator and ow...

16 Joulu 202426min

EP467 Scale Your Business to $10 Million with Edwin Carrion

EP467 Scale Your Business to $10 Million with Edwin Carrion

My guest today is a highly sought-after business strategist who helps entrepreneurs build to 8-figures or more through optimized systems and processes they can scale fast. Edwin Carrion's faith in God...

9 Joulu 202430min

EP466 Creative Strategies for Mobile Home Park Investing with Derek Vickers

EP466 Creative Strategies for Mobile Home Park Investing with Derek Vickers

My guest today is a seasoned mobile home park investor. Not only does he own just over two thousand units, through his company Vicktory Capital he also controls 41 parks worth over $130 million dollar...

2 Joulu 202430min

EP465 How to Avoid Real Estate Scams with Ginger Crystal Faith

EP465 How to Avoid Real Estate Scams with Ginger Crystal Faith

My guest today is a truly impressive real estate investor. Ginger Faith has been in this business for over 30 years. She's a broker/builder/CEO who has flipped over 57 houses, several of which were f...

25 Marras 202435min

EP464 Are You Paying Too Much in Property Taxes? With Joseph Noor

EP464 Are You Paying Too Much in Property Taxes? With Joseph Noor

If you own rental property, then chances are you're paying property tax. In many areas around the country, property tax assessments can be confusing, unpredictable, and sometimes overly expensive. How...

18 Marras 202429min

EP463 Election Roundup – Is Rent Control Dead? with Erika Farley

EP463 Election Roundup – Is Rent Control Dead? with Erika Farley

No matter which party and candidates you voted for, one thing I'm certain that we all can agree on is that it's good to have election day behind us. But what does the outcome mean for real estate inve...

11 Marras 202427min

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