Many people buy real estate hoping to make great cash flow. But all too often that cash flow is quickly eaten away by a silent but deadly thief.

In this episode of the BiggerPockets Podcast, Josh and Brandon sit down with real estate investor Jesse Fragale to hear his story and learn more about how this silent killer can eat away your profits if you don’t analyze a deal right. You’ll also learn how Jesse found a way to invest in a crazy expensive market, as well as tips on using partners, scaling to larger properties, and the worst pickup line Jesse has ever used!

In This Episode We Cover:

How Jason got into real estate because of a car
Why he chose the niche of student rentals
4 ways to earn in real estate
Tips for managing student rentals
The worst day of Jason’s life (aka why CapEx is important)
How much you should prepare for capital expenditures
The pros and cons of student rentals
Thoughts on jumping into multifamily
What you should know about the 50% rule
Tips for finding the cap rate in an area
How to fund a deals using a partnership
A discussion on setting expectations with property managers
And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

“The bigger the deal, the easier it is to do.” (Tweet This!)
“If you bring people a good deal, I believe that they will take it for what it’s worth.” (Tweet This!)
“I think there’s success in every facet of real estate.” (Tweet This!)

Connect with Jesse

Learn more about your ad choices. Visit megaphone.fm/adchoices

220: Student Rentals, Multifamily, & the Silent Cash Flow Killer with Jesse Fragale