Accelerated Real Estate Investor
Business
In this episode, Josh discusses the different types of apartment syndications, focusing on value-add properties. He explains that value-add deals involve buildings that are not fully stabilized and have rents below market value. These properties require cosmetic updates, such as painting and flooring, but do not require major structural work. Josh emphasizes that value-add properties are typically located in B and C class markets, which offer great potential for growth. He also briefly touches on turnkey cash flow deals, which are properties that are already at market value and do not require significant renovations.
Lastly, he mentions deep construction or distressed properties, which are not recommended for newer investors due to the high level of renovation and the need for bridge financing.
Notable Quotes:
Value-add properties are typically located in B and C class markets, which offer great potential for growth.
Turnkey cash flow deals are properties that are already at market value and do not require significant renovations.
Deep construction or distressed properties require extensive renovations and are not recommended for newer investors.
"Value add means the building is not stabilized, the rents are below market value, and it needs just cosmetic updates." - Josh
"Turnkey cash flow deals are great if you have a 1031 exchange or limited partners with a longer time horizon." - Josh
"Deep construction or distressed properties require a highly capable contractor and bridge financing." - Josh
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Key Takeaways:Notable Quotes:Resources:
298: Super Time Management Skills - Elite Entrepreneur Trait #3
297: Producing Passive Income for Financial Independence with Matt Picheny
296: Take 100% Responsibility For Your Life: Elite Entrepreneur Trait #2
295: Learning about Commercial Real Estate Syndications The Easy Way with Andrew Schutsky
294: Invest for Cash Flow Now: Elite Entrepreneur Trait #1
293: Chris Miles on How Cash Flow is the Spark to Better FIRE
292: New Series: The 9 Traits of Elite Entrepreneurs
291: Post Pandemic Strategies for Investing in Self Storage with Scott Krone
290: How the Housing Market Will Impact Class B Apartments
289: From $60M in Assets to Zero: A Comeback Story with Mike Morawski
288: Accessing Capital, Partnerships and Nationwide Financing with Jacob Clopton
287: How Professional Investors Relentlessly Outwork the Competition with Daniel Brisse
286: Unlocking Home Equity Without Taking On Debt with Matthew Sullivan
285: The First Step to Creating Forever Passive Income with Josh Cantwell
284: Zain Jaffer on 3 Tech Tools to Grow Your Portfolio
283: David vs Goliath: Closing a $16.3M Deal
282: Reuben Goldbaum with 4 Properties You Can Make an Offer On, Right Now!
281: Building a Real Estate Portfolio in Your Own Backyard with Tyler Brummett
280: Mastering the BRRRR Method and Buying Discounted Properties with David Dodge
279: The Difference Between Loan and Deal Sponsorships with Josh Cantwell
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