From Zero to Multi-family Real Estate Investor with Hugh Jones
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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
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