Strategic Real Estate Investment: Reserves and Renovations

Interested in someday making the leap to bigger investments? Don't miss this one!

Ben Leybovich and Sam Grooms join us for a high-level conversation about how they transitioned from flips and smaller assets to 100-plus-unit, value-add multifamily deals.

Since the first part of this show was recorded pre-coronavirus, we brought the guys back on to hear their thoughts on today's market and get an update on how their business is doing amid the volatility (spoiler: pretty well!).

In This Episode We Cover:

• Finding the perfect partner for you
• The 6 factors they look at when analyzing a market
• Why Sam & Ben keep such a large reserve fund
• Why investors sometimes overvalue cash flow
• Why they like the Phoenix market
• How to establish a competitive edge in real estate investing
• How they look at multifamily syndication as "a long flip"
• Why equity protects you
• Buying insurance against interest rate increases
• Hiring their own construction team
• How they're adjusting to COVID-19
• And SO much more!

Links from the Show

• BiggerPockets Forums
• BiggerPockets Bookstore
• BiggerPockets Podcast
• BiggerPockets Calculators
• BiggerPockets Podcast 382: No Money Down BRRRR Investing with Josiah Smelser (Part 1, Recorded Pre-Coronavirus)
• BiggerPockets Podcast 382.5: Surviving When the BRRRR Hits the Fan with Josiah Smelser (Part 2, Post-Coronavirus)
• Deloitte
• BiggerPockets Conference 2020
• BiggerPockets Podcast 356: 30+ Rentals (in a Pricy Market) Through BRRRR and Section 8 with Joe Asamoah
• Open Door Capital
• BiggerPockets Podcast 313: How to Be Happy AND Grow a Massive Business with Entrepreneur Jesse Itzler (and Josh!)

Check the full show notes here: http://biggerpockets.com/show383

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