RISE Real Estate Investing Podcast Ep. 137: Transitioning to Multi-family Investing & Investing in Multiple Active Businesses
Jack is a retired professional snowboarder, who transitioned into a full-time real estate investor overseeing a diverse real estate portfolio surpassing $10 million in assets under management. Thriving as a multifaceted realtor specializing in multi-family properties, Jack also pursues several other entrepreneurial ventures.
In this episode we discussed:
- Overview of five or six active income businesses
- Transition to Multifamily Investment and Broker Role
- Joining Mike's team at Keller Williams and forming a partnership
- Lessons learned from sizing up offers on 20-25 unit buildings
- Exploring the true cost of bridge financing and understanding the capital-intensive nature of multifamily
- Highlighting the importance of considering factors such as long-term CapEx and tenant profiles
- Differentiation in underwriting between larger investors and residential investors
- Exploration of VTB strategies, exit plans, and the prevalence of strong VTB offers
and much more!
Follow Jack Daniel’s social media on:
Instagram: https://www.instagram.com/bernstonecapital/
Website: www.bernstonecapital.com
Follow Austin on Instagram at: https://www.instagram.com/austinyeh6/
Follow the RISE Network Facebook at: https://www.facebook.com/groups/risenetworkevent
Follow the RISE Network Instagram at: https://www.instagram.com/risenetworkevent/
RISE Real Estate Wholesaling 101 Course:
https://rise-network-course.teachable.com/p/real-estate-wholesaling-masterclass-101
RISE Network Real Estate Investing Essentials Bundle: https://rise-network-course.teachable.com/p/rise-network-real-estate-investing-essentials
If you or anyone you know is looking to sell their house, visit: www.fastontariohomebuyer.ca
Disclaimer: This podcast is all about providing you information, not financial or legal advice. So if you need the real deal for your situation, hit up a professional. We can't promise you our information is always up to date or accurate, and we're not responsible for any investment decisions you make based on it.
Markets change, Information change. You know the drill. Anyways. Thank you for hanging out with us responsibly.