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The Best Ever CRE Show

JF1386: How Do You Remove As Much Risk As Possible In Real Estate Investing? With Chad Doty

The Best Ever CRE Show

Best Ever CRE

Realestatepodcast, Entrepreneurship, Business, Realestate, Investing, Realestateinvesting, Realestateinvestingpodcast

4.8983 Ratings

🗓️ 19 June 2018

⏱️ 26 minutes

🧾️ Download transcript

Summary

If you ask Chad, the answer to the proposed question in the title, is to buy B class multifamily properties built between 1982 - early 2000’s. We’ll hear a better explanation and reasons why he believes this is the best way to invest in real estate with the least amount of risk. We also hear some difficult deals he’s had and how he was able to work through it. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Every single deal we carry has a 6 month mortgage reserve and we raise the capital improvement stack for the first 5 years” - Chad Doty

Chad Doty Real Estate Background:

  • CEO of 37th Parallel Properties Investment Group
  • 12 years of multifamily real estate investing experience & 10 years of management consulting experience
  • Close to $300 million in real estate transactions
  • Based in Richmond, VA
  • Say hi to him at https://37parallel.com/
  • Best Ever Book: The Goal

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Transcript

Click on a timestamp to play from that location

0:00.0

Did you know that within a decade women will hold $30 trillion in investable assets?

0:05.3

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0:11.0

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1:04.8

You don't really make your money when you buy.

1:06.4

You establish a baseline profit to market averages.

1:09.9

You actually make your money when you operate yourself.

1:12.1

If you can operate well, you can make money

1:14.2

and money. As a loyal best ever listener, you know that's important that we as entrepreneurs

1:19.1

focus on managing our time

1:25.0

and our money-making our business so that we can focus more time on our money-making activities.

1:30.0

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tools that allow you to automate tasks like listing a unit for rent, finding and

1:44.8

screening tenants, collecting rent, and managing the maintenance requests.

...

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