Accelerated Real Estate Investor 371: 28 Riverside Case Study: A Great Starter Deal
I've got some exciting news to share, so I decided to jump on the mic and talk about it with all of you today.
We recently acquired a nice little 28-unit apartment property called 28 Riverside. You'd probably want to ask, "Josh, after doing 19 syndications and buying 4,500 units, several 300, 500, and 700+ unit buildings, why would you bother with such a small building?"
The answer is very simple: good deals go fast and are hard to find. And no matter how many residential or small multifamily deals you've done, a property like 28 Riverside is a great starter deal or a perfect deal for someone like me.
In today's episode, I want to give you a clear explanation of the why behind 28 Riverside. I'll walk you through the strategy we're using to add value fast and how to get a similar property cash flowing in your portfolio within a year.
Key Takeaways with Josh Cantwell
- Why deal size doesn’t matter when you have full-time employees you need to keep busy.
- The one thing I’m always looking at when I underwrite deals.
- How to make sure your financials set you up to cash flow and turn a profit.
- How we found 28 Riverside–and how you can find a similar deal.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit https://acceleratedinvestorpodcast.com/371
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