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:
258: Josh Cantwell on Creating The Life You Want To Live
257: Ken Gee on Building a Successful Multifamily Real Estate Syndication Business
256: Josh Cantwell on Getting Your CapEx Team Rolling with Leasing Events
255: Van Sturgeon on The Art of Renovations and Increasing Your Property Values
254: Focusing On What Brings You Joy with Josh Cantwell
253: AJ Osborne’s Strategies for Growing Your Wealth in Self Storage
252: 52 Lake Progress Update: Creating More Value with a Bigger Budget
251: Five Strategies to Find Off-Market Deals with Stewart Beal
250: Case Study: $1M Short on Closing Day with Josh Cantwell
249: Camilla Jeffs on The Best Way to Avoid Overpaying in a Hot Market
248: Overcoming Your Fear of Accomplishing Your Goals with Josh Cantwell
247: The Pursuit of Big Wins and True Happiness with Josh Cantwell
246: Jay Conner on The Secrets to Locating Private Money for Real Estate Deals
245: Mike Zlotnik on The Economics of Highly Profitable Hotel to Multifamily Conversions
244: David Richter on Real Estate Investing with a Profit First Mindset
243: Jim Monk on The Value-Add Improvement with a 37% ROI
242: Pancham Gupta on The 6 Key Elements of a Profitable Real Estate Market
241: Tim Vest on Finding Bigger Profits in Smaller Multifamily Properties
240: Gino Wickman on The 6 Essential Traits of a Successful Entrepreneur
239: Hunter Thompson on Raising Capital and Respecting the Debt Risks
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