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Join us as we speak with Sri Latha about how she has consistently grown her real estate portfolio exponentially on every deal she’s done. Sri Lathata is a multifamily investor in the San Francisco Bay area that uses out of the box thinking to make her BRRR strategy work for over 50 multifamily units in high cost of living areas. Sri is also currently in contract on a 115 unit hotel to multifamily conversion deal.
Episode Highlights:
- Despite rent-controlled units, you can force appreciation on your properties by implementing a cash for keys strategy
- Even in high cost MSAs you can add tremendous value to your multifamily property by creating units via ADUs (Accessory Dwelling Units)
- Understand zoning to convert properties into other types of assets and work with multiple contractors to understand the cost of converting
- Grow your assets exponentially by doubling your capital on each investment; while you may not cash flow $100K on your first property, it’s definitely possible on your subsequent investments
Best Way to Contact Sri:
https://www.thesrilathagroup.com/
Instagram: bayarea_multifamily
Best way to contact your host, Mason Klement:
mason@masonklement.com
Be sure not to miss any future episodes by subscribing to the Scalable Real Estate Investing Podcast using the links below.
YouTube channel: https://www.youtube.com/channel/UCgDaSaSQP0KLoVCgydDd9Hw
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