podcast
Show Notes:
In this power-packed episode, we delve deep into the world of multi-family real estate with none other than Hugh Jones. From initially knowing nothing about the sector to becoming a respected player in the industry, Hugh’s story is a testament to the transformative potential of multi-family real estate investment.
Key Points:
Hugh discusses how you can start in multi-family real estate with zero money, sharing his insights on syndication and leveraging other people’s money (OPM).
Learn the importance of an acquisition fee and how it can help you step away from your job and focus on finding your next deal.
Understand how to increase your deal flow and become a proven commodity in the real estate space.
Discover the three ways you can profit from apartment complexes: through an acquisition fee, cash flow, and equity on the resale.
Hugh provides insight into value-add strategies, explaining how for every dollar you increase the income of the property, you increase the resale value by 10 times that amount.
Understand why multifamily real estate can be seen as a hedge against inflation and how rising rents can work in your favor as an investor.
Hugh leaves us with a key piece of advice for anyone looking to enter the multifamily real estate sector: Consistency and long-term vision are key, and though it's not a get-rich-quick scheme, it is a surefire way to get rich.
Quotes:
"If you're willing to do what most people aren't willing to do, then you'll eventually get to the point where you can do whatever most people can't." - Hugh Jones
"In multifamily real estate, you're literally one deal away from retirement." - Hugh Jones
Resources:
Hugh Jones's Training Program - YouCanBuyApartments.com
Connect with Hugh Jones:
Website: YouCanBuyApartments.com
Promotion:
Don't forget to rate and review our podcast if you enjoyed this episode. It helps us immensely. If you know someone interested in real estate investing, make sure to share this episode with them! We'll be back next week with more insights and inspiring stories from the world of real estate investing.
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