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(589)

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

My Property Insurance Just Tripled, What do I do? - Next Level Thursday

My Property Insurance Just Tripled, What do I do? - Next Level Thursday

I've heard horror stories from some of my investor friends in Texas who saw their property insurance costs go from $350 a door to $1,500 a door over the past year. That made me happy to be investing i...

2 Marras 202310min

EP409 How 1031 Exchanges Can Accelerate Your Real Estate Wealth with Dave Foster

EP409 How 1031 Exchanges Can Accelerate Your Real Estate Wealth with Dave Foster

The last time my guest was on the show he shared some mind-blowing 1031 exchange strategies that can help you shelter your real estate sale profits from the IRS. That was episode #237 if you want to c...

30 Loka 202333min

Spend the Night In A Haunted House - Next Level Thursday

Spend the Night In A Haunted House - Next Level Thursday

Spend the night with me in a haunted house! Welcome to part 2 of our Halloween series on haunted houses, apparitions, paranormal experiences, and the roommates who don't pay rent and can't be evicted....

26 Loka 202333min

EP408 The Top 3 Strategies to Increase Your Short-Term Rental Cash Flow with Luke Carl

EP408 The Top 3 Strategies to Increase Your Short-Term Rental Cash Flow with Luke Carl

If you're struggling with your short-term rental property and wondering how you can get more guests, better reviews, more cash, and become a better property manager, you'll definitely benefit from thi...

23 Loka 202329min

Haunted Houses, Paranormal Activity, and Incredible Ghost Stories - Next Level Thursday

Haunted Houses, Paranormal Activity, and Incredible Ghost Stories - Next Level Thursday

In continuation of our celebration of all things Halloween, it's time to bring back this incredible episode we recorded three years ago... Welcome to our special Halloween edition with hair-raising st...

19 Loka 202353min

EP407 From BMX Freestyler To Multimillion Dollar Entrepreneur With Ross Hamilton

EP407 From BMX Freestyler To Multimillion Dollar Entrepreneur With Ross Hamilton

My guest today left behind a promising career as a BMX freestyler to become a real estate investor. He built a portfolio of 50 residential properties prior to the great recession, and then pivoted to ...

16 Loka 202333min

When Your Rental Property is Haunted: Real-Life Ghost Stories - Next Level Thursday

When Your Rental Property is Haunted: Real-Life Ghost Stories - Next Level Thursday

This is one of my all-time favorite episodes, and since Halloween is coming up I wanted to scare our listeners one more time. Get ready to get scared by this special Halloween episode with real ghost ...

12 Loka 202326min

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