JF2703: How This 20 Year Old Built a Multifamily Portfolio in One Year ft. Brad Simtob

The Best Ever CRE Show

Best Ever CRE

Investing, Entrepreneurship, Business

4.7 • 996 Ratings

🗓️ 26 January 2022

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

Brad Simtob started investing in commercial real estate when he was just 19 years old. Now at 20, he has grown his portfolio to 350 units and has no plans of slowing down anytime soon. In this episode, Brad shares how he found his current deals and the goal-setting strategy that has helped him achieve his success. Brad Simtob | Real Estate Background Founder of Simtob Management & Investment LLC which purchases value-add multifamily in the Midwest. They are proprietary with their in house construction and property management team. They typically utilize a unit renovation value-add and are able to complete it for 30% less than the closest general contractor quote. Portfolio: GP of 350 units in Michigan. He’s 20 years old Based in: Grand Rapids, MI Say hi to him at: www.simtob.com | brad@simtob.com Best Ever Book: Traction: Get a Grip on Your Business by Gino Wickman Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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1:09.0	You're never too young to start and anything is possible.
1:12.8	As long as you say your mind to it.
1:13.8	Quick disclaimer, the views and opinions expressed in this podcast are provided for
1:17.8	informational purposes only and should not be construed as an offer to buy or
1:22.0	sell any securities or to make or
1:24.4	consider any investment or course of action. For more information go to best ever
1:29.5	show.com. Hello best ever listeners welcome to the best real estate investing advice ever show.
1:35.7	I'm Ash Patel and I'm with today's guest Brad SimTob.
1:39.6	Brad is joining us from Grand Rapids Michigan.
1:42.0	He is the founder of Simtop Management, which purchases
1:45.4	Value Ad Multifamily in the Midwest. Brad's company is able to complete renovations
	...

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