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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EP426 How Build-to-Rent is Solving the Housing Crisis with Bethany Finch

EP426 How Build-to-Rent is Solving the Housing Crisis with Bethany Finch

Today we're going to discuss the build-to-rent model. Build-to-rent, also known as BTR, is an emerging trend that has been gaining significant traction in recent years. It involves the construction of...

26 Feb 202429min

RPOA Special Speaker Announcement – Ryan Kilpatrick

RPOA Special Speaker Announcement – Ryan Kilpatrick

We have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held TODAY and TOMORROW - February 22nd through 23rd - right here in Grand Rapids, Michigan ...

22 Feb 20246min

EP425 How to Invest in Laundromats with Sam Wilson

EP425 How to Invest in Laundromats with Sam Wilson

Today we're going to talk about investing in laundry facilities. This is a unique asset class with a huge potential for success, yet few understand how to gain entry into this type of investment. Sam ...

19 Feb 202432min

RPOA Special Speaker Announcement - Maria Giordano

RPOA Special Speaker Announcement - Maria Giordano

We have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the Devos Place confe...

16 Feb 20243min

RPOA Special Speaker Announcement - Katie Johnson

RPOA Special Speaker Announcement - Katie Johnson

Hello everyone, we have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the D...

15 Feb 20245min

EP424 Where to Find Apartment Loans That Pencil Out With Maxwell Wu

EP424 Where to Find Apartment Loans That Pencil Out With Maxwell Wu

One of the consequences of the rapid rise in interest rates over the past year and a half, has been the difficulty in finding suitable loans for commercial real estate. There's just not enough funds a...

12 Feb 202427min

RPOA Special Speaker Announcement - Kate Stoermer

RPOA Special Speaker Announcement - Kate Stoermer

We have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the Devos Place confe...

8 Feb 20244min

EP423 What is Preferred Equity with Paul Moore

EP423 What is Preferred Equity with Paul Moore

Over the past year and a half, the unprecedented rise in interest rates has had many ripple effects across the commercial real estate investing world. These ripple effects have put many investments th...

5 Feb 202427min

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