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/

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EP455 Expert Insight into Commercial Real Estate Asset Classes with Bill Himmelstein

EP455 Expert Insight into Commercial Real Estate Asset Classes with Bill Himmelstein

My guest today has been a commercial broker for over 23 years, representing businesses as they lease, buy, and sell office, industrial, medical, cannabis and retail space. He's also part of a team de...

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EP454 Don't Let Squatters Steal Your House with George McCleary

EP454 Don't Let Squatters Steal Your House with George McCleary

My guest today is an expert on squatters and how to prevent, detect, and eject them. You may have seen his viral video "I Stole a House" which details how squatters exploit the system for illicit fina...

9 Syys 202433min

EP453 How to Build a $300 Million Apartment Portfolio with the Kitti Sisters

EP453 How to Build a $300 Million Apartment Portfolio with the Kitti Sisters

My guests today started with $2,000 in their bank account and turned that into a $300 million multifamily apartment portfolio. Palmy and Nancy Kitti are here today to delve into the behind-the-scenes ...

2 Syys 202433min

EP452 Real Estate Tax Strategies You've Never Heard Before with Shauna The Tax Goddess

EP452 Real Estate Tax Strategies You've Never Heard Before with Shauna The Tax Goddess

It always amazes me how many real estate investors are still doing their own year-end taxes, or they're working with a tax preparer who doesn't specialize in real estate. While hiring an expert to do ...

26 Elo 202436min

EP451 Building Lender Relationships with Bobby Fisher

EP451 Building Lender Relationships with Bobby Fisher

As a real estate investor you may have noticed that it has gotten a lot more difficult to acquire financing for your projects. That's why it's so important to build your lender relationships. Often, i...

19 Elo 202438min

EP450 Scaling Your Investment Strategies with Apartments

EP450 Scaling Your Investment Strategies with Apartments

This apartment investing panel discussion was recorded live at the 2024 Midwest Real Estate Investor Conference sponsored by the RPOA. Thanks for joining us today on this apartment investing panel dis...

12 Elo 202453min

EP449 Why He's Doubling Down on Buying Office Buildings with Scott Sherman

EP449 Why He's Doubling Down on Buying Office Buildings with Scott Sherman

There seems to be a lot of fear in the commercial real estate world about the amount of distress in commercial office buildings. In San Francisco, a Market Street tower that was purchased for $62 mill...

5 Elo 202429min

EP448 Why Real Estate Development is the Next Big Thing in Real Estate Investing with Darcy Marler

EP448 Why Real Estate Development is the Next Big Thing in Real Estate Investing with Darcy Marler

Today we're going to talk about real estate development and how you might benefit from this strategy. Darcy Marler is the author of "Land Development as a Profitable Investment" and he's here today to...

29 Heinä 202430min

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