2,102 - From 16 Units to 150: Chris Grenzig’s Raw Journey in Multifamily Investing

Pull up a chair. Pour yourself your favorite beverage. This one’s personal, practical—and packed with value.In this compelling episode of the Multifamily Collective, I sit down with Chris Grenzig https://www.linkedin.com/in/chris-grenzig/, a resilient New York native who took a leap of faith in 2020, trading the bustling streets of NYC for the sunny shores of Florida. With no prior property management or construction experience to speak of, Chris embarked on an audacious journey—acquiring a 16-unit property armed only with his grit, tenacity, and an insatiable curiosity to learn.Consider this: what does it take to transform such a bold vision into reality? Fast-forward to today, and Chris has not only navigated the complexities of the real estate market but has built a thriving enterprise, JAG Capital and JAG Property Management. He has successfully scaled his portfolio to over 150 units in Jacksonville, proving that with the right mindset and determination, barriers can be broken. His story is not just about numbers; it’s about the intricate dance of relationships—managing everything in-house, from acquisitions to renovations, leasing, and resident relations. It exemplifies the power of commitment, the art of persuasion, and the importance of building trust within the community. Here, we uncover valuable insights and strategies that resonate deeply, whether you’re in real estate or any field that demands perseverance and ingenuity. Join us and discover how Chris’s journey can illuminate your own path to success.In this conversation, we go deep on:1 What it’s really like running value-add deals from the ground floor2 Lessons learned the hard way from managing contractors and construction chaos.3 How to keep residents happy when units are in flux4 The mindset shift from operator to owner-operatorThis one brought me back to my own early days buying single-family homes and small multifamily properties. If you’re looking to break into real estate—or take your current game to the next level—this is the episode for you.Grab your notebook. Hit play. And enjoy the ride.If this resonated, smash the like, hit subscribe, and share it with someone grinding toward their first (or next) deal.