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)

EP439 What the Next Ten Years in REI Looks Like with Nic DeAngelo

EP439 What the Next Ten Years in REI Looks Like with Nic DeAngelo

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EP438 Investing In Boutique Hotels and Resorts with Jeremy Garcia and Alex Jarbo

EP438 Investing In Boutique Hotels and Resorts with Jeremy Garcia and Alex Jarbo

We recorded this exciting panel on boutique hotels and resorts at the recent 2024 Midwest Real Estate Investor Conference. As the host of this podcast, Brian Hamrick doesn't often have the opportunity...

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EP437 Mid-Year Economic Update with Dr. Paul Isely

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Everyone is paying close attention to the Federal Reserve and wondering when they will begin lowering interest rates. The lower-than-expected jobs report from two weeks ago certainly got people excit...

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EP436 From Homeless to $100M with Dustin Gutkowski

EP436 From Homeless to $100M with Dustin Gutkowski

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EP435 Triple Your Rental Income with Student Housing with Ryan Chaw

EP435 Triple Your Rental Income with Student Housing with Ryan Chaw

My guest today became a millionaire at the age of 28 by cracking the code on student housing. Ryan Chaw figured out how to double and triple his rental income with his co-living and student housing in...

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EP434 From $20 in His Pocket to a $35 Million Portfolio With Jason Engelman

EP434 From $20 in His Pocket to a $35 Million Portfolio With Jason Engelman

When it comes to real estate investing, there are two types of investors – those who choose to actively find, fund, and manage their portfolio, and those who prefer to take a more passive role and let...

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EP433 Foundation Repair Secrets with RK Bob Brown

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My guest today is concerned with the structural integrity of your home and your rental properties. RK Bob Brown is known as "The Dirt Whisperer", and he's renowned for his deep understanding of founda...

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EP432 Navigating Foreclosures with DJ Olojo

EP432 Navigating Foreclosures with DJ Olojo

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