Jonathan is a former flipper of 400 homes in Los Angeles. During that 10 year period, 22 million in profits were created with an average yearly return of 38%. Now he has teamed up with his brother/partner to buy apartments in the Midwest using some of their own funds and now starting to raise from others.

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WE DISCUSS:

His early introduction to real estate.
Why he switched to the Midwest market.
The impact of scaling their business.
The details of their 14-unit deal in Kansas.
His realizations in investing outside of his “backyard” market.
What’s ahead for their business.
His 71-unit deal in Oklahoma.
The structure of that deal.
His biggest challenge.
His biggest win.
His best advice for someone just starting.

KEY QUOTE:
“You don’t have to do the biggest deal in the world right away. House hacking is a good way to get started. Eventually, you could sell and exchange it into a 14 unit"

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From Flipping 400 Homes to Commercial Multifamily - with Jonathan Barr | TLS140