What Is Your Business Plan When Buying a Property?

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Our typical business plan is to go in and initially we're just looking to stabilize the asset. The whole period lies anywhere from five to six years. And sometimes we'll plan for re finance year three. That's just something that you have to kind of take the chance that, you know, ther's a chance to knock a teemtory financier three.

In this week’s episode, Robert Leonard brings back Jeffrey Donis from the Donis brothers to talk about how they’ve gone from high-volume wholesalers to multifamily syndicators.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

02:01 - What wholesaling is and how to start.

04:00 - Why having a “why” is so important.

08:10 - How to get started in real estate.

08:10 - How to transition from wholesaling to multifamily syndications.

17:31 - How to find areas and markets to invest in.

24:21 - Potential multifamily business models.

24:21 - How to finance an apartment acquisition.

35:27 - How to raise capital, even at a young age.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Joe Fairless’ book Best Ever Apartment Syndication Book.
Matt Faircloth’s book Raising Private Capital.
Market analysis benchmarks.
Robert’s book The Everything Guide to House Hacking.
All of Robert’s favorite books.
Related Episode: Listen to REI080: Overcoming Limiting Beliefs & Excuses in Real Estate, or watch the video.

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