Why Multifamily - All the Reasons to be All in Now with Arleen Garza

Entrepreneurs on Fire

John Lee Dumas

Business, Careers, Entrepreneurship

4.8 • 4.1K Ratings

🗓️ 23 November 2023

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

Jacob and Arleen Garza are a Texan power duo in multi-family real estate, distinguishing themselves with a people-centric focus. They founded REEP, managing 22 properties valued at $690 million with an in-house management approach, prioritizing tenant care.

Top 3 Value Bombs

1. One of the main ways that we benefit from investing in multifamily is depreciation. As owners and investors, we can take advantage of a property depreciating. Everything except the land is depreciating.

2. There's a number one reason people will leave a property and that if they're not getting good service. Be prompt and efficient in maintenance and repairs. Make sure that service levels are the highest and best that they can be.

3. Take action. Educate yourself on multifamily investing. Check out the group that you invest with because they're the ones that are going to be making sure that your money is successful.

Your Path to Passive Income. Reach out to Arleen by visiting Reep Equity website - Reep Equity

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Transcript

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0:00.0	Boom Shake the room Fire Nation, JLD here and welcome to
0:06.2	entrepreneurs on fire brought to you by the HubSpot Podcast Network, the
0:10.0	audio destination for business professionals with great shows like online marketing made easy.
0:15.2	Today we'll be breaking down why multifamily all the reasons to be all in now.
0:21.6	To drop these value bombs I are brought to Jacob and Arlene Garza into
0:25.1	Eophire Studios. Jacob and Arlene are a Texan power duo in multifamily real
0:30.1	estate distinguishing themselves with a people-centric focus.
0:33.8	They founded Reep, managing 22 properties valued at $690 million with an in-house management
0:40.3	approach prioritizing tenant care.
0:42.6	And today, Foundation, we'll talk about multifamily real estate
0:44.9	and why it's a prime choice for generating steady cash flow.
0:48.0	We'll talk about tax benefits.
0:50.2	We'll also talk about property management services and also how multif families exhibit
0:54.6	resilience during economic downturns and so much more. And a big thank you for sponsoring
0:59.0	today's episode goes to Jacob and Arlene and our sponsors.
1:03.2	Business Made Simple hosted by Donald Miller is brought to you by the HubSpot
1:07.7	Podcast Network, the audio destination for business professionals.
1:10.9	Business Made Simple takes the mystery out of growing your business.
1:14.2	Join my friend Donna Miller each week as he shares value bombs on topics like
1:19.2	the secret to making better marketing decisions. Listen to Business Made Simple, wherever you get your podcasts.
1:26.9	Wherever and whatever you're selling, Shopify's
1:29.6	got you covered with their all in one e-commerce platform.
	...

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