Real estate professionals often refer to deals in terms of single family. This is because they have developed an expertise in this field and there's been a history of working independently. But when it comes to multifamily units, you'll find it's a completely different story. You're basically working as a team all the time! There are some incredible people out there who actually manage several hundred units by themselves, but for most of us, success will come from having a good team. For example, some folks might provide the equity while others might offer property management or find new deals or sign papers - there are lots of ways people can contribute and make a difference. My friends Ronnie and Jenny have perfected this, they've built a business together and managed their relationship at the same time! Watch the episode and find out how they created a successful company from scratch using both hard work as well as mutual respect for each other's goals - something I'm sure every “real estate power couples” would strive for!
In this episode, we explore:
01:00 – Why partnerships are so important
05:33 – How to partner with passive investors
09:01 – P&G operations to Multifamily
11:31 – Working together as a couple
15:42 – Transitioning to real estate
20:11 – Starting a mentorship program
22:11 – Multifamily interest rates
25:04 – Fear in the marketplace today
26:59 – Advise for new investors
29:53 – https://verticalstreetventures.com/
Connecting with the Guest:
LinkedIn: https://www.linkedin.com/in/jennygou
Website: https://verticalstreetventures.com/
#multifamily
#realestate
#teambuilding
