RPP - Exploring Jacksonville Market with Steven McAdoo

Jake & Gino: Real Estate Investing & Multifamily

Jake & Gino

Smartinvesting, Buyingrealestate, Investing, Multifamilyrealestateinvesting, Business, Investingsmart, Apartmentinvesting, Management, Makingmoney, Realestateinvesting, Cashflow, Jakeandgino, Realestateinvestment, Commercialrealestateinvesting, Buyingapartmentbuildings, Entrepreneurship

4.9 • 842 Ratings

🗓️ 16 October 2019

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

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Summary

Dylan Marma and Mike Taravella interview Steven McAdoo,Associate Director of Multifamily Investment Sales at Prime Realty Commercial Real Estate, to discuss the Jacksonville market. Steven moved back to his hometown of Jacksonville because he saw the progress in “snapshots” over the past 8 years Jacksonville is a hot market because: Lower cost of living Warm weather year round No State income Taxes Low Property Taxes Landlord Friendly The path of progress in Jacksonville includes: Downtown Murray Hill Riverside Avondale Springfield Make sure you have boots on the ground when dealing with a new market Expert Pro Tip: Know your investing criteria before investing in a deal Contact Information: Phone Number: (904) 574-7400 Email: smcadoo@primerealtyinc.com Attend Multifamily Mastery 3 and use the discount code “RPFAM” for 20% off! Invest with Rand Partners Follow Us on Linkedin @Randpartners Follow Us on Instagram @Randpartners Follow Us on Facebook @Randpartners

Transcript

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0:00.0	All right.
0:02.0	Welcome to the Wheelbarrow Profits Podcast, Rand Partners Edition.
0:10.3	What's up, everyone?
0:11.5	This is Dylan Marma, bringing to you the Rand Partners podcast, joined by my co-host, Mike
0:16.2	Taravella.
0:17.0	How you doing today, Mike?
0:18.0	Just living the dream, making it happen, Dylan.
0:20.4	And today we have my good friend, Stephen McAdoe, who's the associate director of multi-family
0:26.7	investment sales at Prime Realty Commercial Real Estate.
0:30.5	So Stephen, welcome to the podcast.
0:32.9	How's everything going in your world?
0:34.9	Everything's going great.
0:36.2	Thanks for having me, guys.
0:37.2	I appreciate it's an honor to be here with you guys. But yeah, Everything's going great. Thanks for having me, guys. I appreciate,
0:37.9	it's an honor to be here with you guys. But yeah, everything's going great here in Jacksonville.
0:43.0	I'm by to be back and enjoying the fort of weather. So I can't complain. You know, stuff's been
0:51.3	busy. I'm getting a lot of attention from out of market investors that are, you know,
0:59.0	Jacksonville is coming on the radar.
1:00.5	So getting a lot of calls from groups in the Northeast, out west, you know, it's exciting time to be in Jacksonville just because, you know, we're drawing a lot of
1:14.7	attention for good reason. So it's good to be here. It's good to be in multifamily. Now, you
1:22.3	were from Jacksonville initially, right? You took a few years away and now you're back in town. Is that right?
1:27.7	Right, right. So I left Jacksonville about eight years ago, moved to Chicago, just wanted to do
	...

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