I feel like a lot of us get caught up in flipping houses because we see it on TV, and it looks so exciting. Well, it is, but you have to remember that what they show is only one house. They don’t show the 800 other projects you lose money on flipping and taxes. So, what if you could quit flipping single-family houses and start investing in large multifamily properties? Well, that’s exactly what my guest Jonathan Barr has done. He started flipping houses and realized it’s just too much work, but he’s discovered how to go from flips to large multifamily deals with such ease. We discuss exactly how he made that switch. Jonathan tells us his story and how he did it in such a short time frame. You will be blown away by how easy he made it look however it’s nothing but! We talk about taxes, leveraging technology, being memorable to brokers, and how this giant transition happened in Jonathan’s life.
In this episode, we explore:
01:22 – Growing up in a real estate family
04:01 – Cashflow is king
05:37 – Jonathan’s multifamily flipping
07:46 – Scaling quickly from single family
09:11 – Multiple deals with brokers
10:57 – Building an out-of-area team
13:05 – Being memorable to brokers
14:10 – Leveraging technology
15:19 – Putting out something of value
16:09 – The thought leadership long game
17:29 – Learning more about multifamily
19:33 – Money printing effects on multifamily
22:56 – The Price of Tomorrow book
24:44 – Invest in someone else’s deals
25:55 – https://www.jb2investments.com/lower
Connecting with the Guest:
Jonathan’s E-book
Website
Twitter: @Jb2Investments
#houseflipping
#syndication
#mailboxmoney
