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)

Special RPOA Year-End Update with Erika Farley

Special RPOA Year-End Update with Erika Farley

Meet our new RPOA Executive Director Erika Farley! In this end-of-the year holiday message, Erika will introduce herself and discuss the RPOA's success in pushing back on several bills at the state an...

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EP416 Navigating Industrial Real Estate: A Conservative Investor's Guide with Joel Friedland

EP416 Navigating Industrial Real Estate: A Conservative Investor's Guide with Joel Friedland

My guest today has over 42 years of experience in industrial real estate, and the lessons he's learned during that period are very timely in today's high-interest rate environment. His experiences esp...

18 Joulu 202332min

EP415 How Quality Data Provides Quality Tenant Insights with Vikas Gupta

EP415 How Quality Data Provides Quality Tenant Insights with Vikas Gupta

If you're looking to gain insight into the current state of renting and tenant habits, it helps to have lots of quality data at your disposal. My guest today has access to that type of data through hi...

11 Joulu 202332min

EP414 Is Commercial Real Estate Crashing?  With Paul Moore

EP414 Is Commercial Real Estate Crashing? With Paul Moore

We're hearing a lot in the media about impending doom in the commercial real estate market. Should we be bracing ourselves for a repeat of 2008 and 2009? You might have seen Paul Moore's recent Bigger...

4 Joulu 202339min

EP413 Buying and Selling Waterfront Property with Tia Lilly

EP413 Buying and Selling Waterfront Property with Tia Lilly

Owning waterfront property is the dream of many real estate investors. But buying and selling waterfront property is very different than your typical real estate transaction. Tia Lilly is the founder...

27 Marras 202336min

EP412 Industrial is the Hidden ATM of Real Estate Investing with Shannon Robnett

EP412 Industrial is the Hidden ATM of Real Estate Investing with Shannon Robnett

One of the hottest real estate asset classes right now is industrial. On the surface, industrial investment sounds great – you have a few tenants who pay their rent, all the bills, and sometimes even...

20 Marras 202326min

EP411 Why We'll Continue to See Higher Rents Across the Country with Eric Garrett

EP411 Why We'll Continue to See Higher Rents Across the Country with Eric Garrett

There's a lot of speculation right now about the state of the real estate market and the outlook for multifamily apartments. Will we see a steep drop in value, or will sales pick back up once interest...

13 Marras 202332min

EP410 Real Estate Investment Trends Over 30 Years: Insights on Capital Access Changes with Jon Siegel

EP410 Real Estate Investment Trends Over 30 Years: Insights on Capital Access Changes with Jon Siegel

In today's challenging real estate landscape marked by inflation and rising interest rates, Jon Siegel, a seasoned expert with over $25 billion in multifamily transaction experience, shares his insigh...

6 Marras 202331min

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