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Marriage Kids and Money: Personal Finance for Families

How This 25-Year Old Developed a $1.5 Million Multi-Family Real Estate Portfolio - with Joel Florek

Marriage Kids and Money: Personal Finance for Families

Andy Hill

Investing, Business, Kids & Family, Parenting

4.9604 Ratings

🗓️ 17 December 2018

⏱️ 55 minutes

🧾️ Download transcript

Summary

Joel Florek has 31 multi-family rental units valued at $1.5 Million and he's only 25 years old. We review his early success on the podcast and discuss the benefits of multi-family real estate investing. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hi, this is Ava from Vanta.

0:02.0

In today's digital world, compliance regulations are changing constantly,

0:07.0

and earning customer trust has never mattered more.

0:10.0

Vanta helps companies get compliant fast and stay secure,

0:13.0

with the most advanced AI automation and continuous monitoring out there.

0:17.0

So whether you're a startup going for your first stock two or ISO-27,001, or a growing

0:22.1

enterprise managing vendor risk, Banta makes it quick, easy, and scalable, and I'm not to say

0:27.2

that because I work here. Get started today at banta.com. I really want to make sure that we're

0:33.1

able to slow our life down and that I can be able to commit a lot of hours to spending time with

0:40.5

my daughter. You know, where I'm at now in real estate, it's, you know, it's been phenomenal the

0:45.8

amount of time that I get to spend with my daughter, going to swim lessons, you know, in the

0:50.3

middle of the day during the work week, I'm one of the only dads that gets to go.

0:55.0

You know, those are really cool experiences that I'm blessed to be able to have.

1:04.9

This show is dedicated to helping you, strengthen your family tree, and live financially free.

1:11.1

Welcome to the Marriage Kids and Money podcast, everybody.

1:13.1

This is Andy Hill.

1:14.2

And today we're talking about investing in multifamily real estate.

1:19.1

Yes, my quest for rental property knowledge continues, my friends.

1:23.0

While Nicole and I continue to save up our money to buy our first rental property,

1:33.8

I figured I would speak with somebody who's had some massive success in real estate to keep me motivated.

1:39.4

Our guest today is Joel Floric at 25 years old.

1:44.2

He now owns 31 units in both Michigan and Indiana.

...

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