Mastering Becoming an Active Multifamily Investor with Juan Vargas
Juan is both an accredited passive investor in over 1,000 units and an active investor in over 1,600 units of multifamily real estate. He started off in single family investing like many of us do and eventually transitioned into larger apartments after experiencing a vacancy that costed more than expected.
Juan shares:
✔️The biggest ways he believe new multifamily investors can lower their risk of making mistakes
✔️How he made the leap into larger multi families from a 30 unit multifamily as his first active apartment investment
✔️His advice on buying and operating real estate investments remotely successfully
Key Insights:
00:00 Introduction
02:36 Being your own boss
05:57 Transitioning from single family to multi-family
08:17 Saving the major part from W-2 job for real estate investment
11:13 Challenges figured out with multi-family investment
14:20 Tips on selecting the best project for passive investor
20:00 Changing strategies according to the state of economy
22:33 Being persistent is the secret
25:00 Criteria today to buy the property
29:45 Helping kids to get financial education
31:30 Wrap-up
📲 Connect with Juan on IG @thejuanvargas or at juan@genwealthcapital.com
ℹ️ Learn more about Elisa at: https://www.ezfiuniversity.com/meet-elisa-zhang
Other ways to stay in touch:
Instagram: @elisazhang_fi
LinkedIn: https://www.linkedin.com/in/elisa-zhang-9641aa21/
Facebook: EZ FI (Financial Freedom) Lab