Passive Income Through Multifamily Real Estate
Episode #135: How to Close on a 1,200+ Unit Portfolio Deal with Jorge Abreu
- Autor: Vários
- Narrador: Vários
- Editora: Podcast
- Duração: 0:20:48
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Sinopse
While moving from single-family into multifamily is a gamechanger, once you start closing 1,000+ unit deals, things definitely switch gear again! Our guest on the show today is Jorge Abreu, and he joins us to talk about what it takes to close deals of that size, having recently closed on both a 1,000-unit portfolio and an 850-unit property too. Jorge is the co-founder and CEO of Elevate Commercial Investment Group and has over 1,700 doors on the GP side as well as over 1,400 doors on the LP side under management. He has the huge ambition of growing that number to 10,000 units in the coming years! Jorge believes that the more units you can manage, the easier managing them becomes and we get into why that is with him today. We chat with Jorge about how valuable systems, procedures, teams, and the right network of invested people are to the deal closing process, and especially so for larger deals. These factors help Jorge with everything from due dilligence to capital raising, acquisitions, and focusing on the b