JF1421: Using Passive Investing To Catapult Into Your Own Large Multifamily Deals with Jimmy Edwards

The Best Ever CRE Show

Best Ever CRE

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

4.8 • 983 Ratings

🗓️ 24 July 2018

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

After being a very successful house flipper, Jimmy decided he wanted to pivot into buy and hold. In order to gain experience, knowledge, and credibility, he decided to be a limited partner on some deals first. With everything learned from that experience, Jimmy and his team were able to start acquiring their own multifamily deals. Hear how he did it, and what he learned along the way. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“6 weeks into the deal, and we’re still discovering surprises” - Jimmy Edwards

Jimmy Edwards Real Estate Background:

Owner of High Five Group
Been in real estate space for 12 years, flipped over 100 houses and in 400 multifamily units - both passively and actively
Has primarily focused on single-family homes, and is aggressively looking to acquire properties in the multifamily space.
Say hi to him at www.highfivemultifamily.com
Based in Dallas, TX
Best Ever Book: Rich Dad Poor Dad

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Transcript

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0:00.0	Did you know that within a decade women will hold $30 trillion in investable assets?
0:05.3	Yet somehow only 19% of women reported feeling confident in selecting investments that align
0:11.0	with their long-term goals. Our friends at Invest Her are out to change. that and it's happening June 2nd through the 4th in Austin, Texas.
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0:35.5	control of their financial futures. Gain the knowledge and skills you need to grow
0:40.0	your portfolio and build a sustainable business all while connecting with over 500 women who are playing at the same level.
0:48.0	To learn more and to get your tickets, visit InvestHERCON.com today and use the code 100 best ever to get $100 off your ticket.
0:56.6	That's Invest Her, H-E-R-K-D-K-G-G-G-O-K-G-G-O-K-K-K-O-K-O-K-O-Kom,
1:00.6	Prom best ever to get $100 off your ticket.
1:05.0	Do your due diligence and make sure that you have a team.
1:08.0	If you don't have the experience, have a partner or mentor or a coach that can guide you in the right direction.
1:14.0	I think you can save a lot of time and headache by having good partners and good teammates.
1:18.0	Best ever listeners we have launched Best Ever Causes.com. that's Best Ever Causes.com.
1:24.8	We profile a non-profit or cause that is near and dear to our heart,
1:30.3	get the word out about their cause, and also donate money towards their cause.
1:35.0	If you'd like to, one, learn more about the causes that we're profiling.
1:40.0	We do one a month, then go to best ever causes dot com and if you want to
1:45.8	suggest a cause that we profile that is near and dear to your heart then go to
1:51.1	best ever causes dot com and there's a little form at the bottom of the page where you could submit one and we'll check it out.
1:58.0	Best ever listeners, how you doing? Welcome to the best real estate investing advice ever show. I'm Joe Fairless. This is the world's longest running daily. Real estate investing advice ever show I'm Joe Fairless this is the world's
	...

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