Small Multifamily Mastery in a Big Market - with Lior Rozhansky | TLS070

In this episode, Lior Rozhansky shares how he's built a 9 million dollar portfolio of small multifamily real estate in a major market and a successful real estate brokerage group within a few short years of getting started.

>>>Interested in partnering with us on future opportunities? Connect with me at CanovoCapital.com.

KEY TOPICS:
2:00 Over-view of Liors background
4:05 explanation of his first multifamily property - a 3 plex.
5:15 why he decided to go with multifamily versus single family
6:15 how he found the deal
8:15 two rehab projects that he completed and some challenges and mistake she made
10:05 how he decided to focus on buy and hold versus fix and flip
12:08 tips and strategies on how to deal with problem tenants
16:20 over-view of the numbers on the two gut rehab projects
17:12 some realizations of the benefits of buy and hold versus fix and flip
19:30 would he consider investing outside of Boston?
21:50 an explanation of his brokerage business and his plans for it in the future
22:55 how the brokerage business and the investing business work together
28:00 his biggest mistake
30:24 his best advice for someone just starting -- selecting the right market to invest in

KEY QUOTES:
"With so much uncertainty in the market... it's important to choose high-quality markets"

ABOUT OUR GUEST:
- Finished college for pre-med studies, withdrew med-school apps, and decided to work for a management consulting firm

- Bought my first multi-family at age 23 and shortly after partnered with a developer on 2 condo development deals that had sellouts of over $3 million

- Fired from a corporate job as was trying to manage projects and rentals at the same time

- Since then have acquired about ~$9 million dollars of property with partners by raising money and using the BRRRR strategy in Boston

- Also became a licensed agent and started a group that sells over $20 million per year in residential sales

CONNECT WITH OUR GUEST:
Email at lrozhansky@gmail.com, or visit his website LiorRozhansky.com

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