JF2365: Embracing Mechanical Repairs with Mike Bonadies

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7 • 996 Ratings

🗓️ 22 February 2021

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

Like many other real estate investors, Mike started his journey at a corporate 9 to 5 job. His buddy suggested branching out and becoming a landlord. Since then, has Mike grown his portfolio and has now become a property manager. Most of his properties were built before the 1940s, and few construction companies in the area could handle that kind of work. That’s why he opened his own construction company. He now has a nice cash flow coming from these adjacent fields, and his companies are working in synchrony with each other. Mike Bonadies Real Estate Background: Full-time landlord and owner of Side By Side MRO, a construction company that specializes in pre-1940 construction & property preservation Co-owns TerraVestra Property Management 5 years of construction experience His personal portfolio consists of 25 units TerraVestra manages 250 doors, and his construction company works with 600 rental units Based in Sewell, NJ Say hi to him at www.sidebysidemro.com Click here for more info on groundbreaker.co Best Ever Tweet: “The system includes more problem-solving in pre-1940s construction.” - Mike Bonadies. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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1:05.0	I operate mainly C and D neighborhoods, so there can be a decent amount of crime in our area
1:09.7	and maybe the problem that the tentative is complaining about.
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	...

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