JF3243: Jim Fredo — Applying the BRRRR Method to Multifamily, How to Know When It’s Time to Cash Out and Refinance, and How to Source Adequate Contracting Work

Best Real Estate Investing Advice Ever

English - July 22, 2023 07:00 - 22 minutes - 15.7 MB - ★★★★★ - 961 ratings
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Previous Episode: JF3242: Christine Hsu - The Best Tactic to Vet Syndicators, the Importance of Having Friends in the Multifamily Investing Industry, and Tips on Attracting Investors Outside of Your Network

Next Episode: JF3244: Brooke Ceballos-Pinero — 3 Pieces of Advice for Women Coming Up in Real Estate, Why Real Estate Is a Pay-to-Play Game, and Why Mentorships Are the Greatest Shortcut to Success

Jim Fredo is the key principal and founder of Spring Capital Partners, which employs the BRRRR method to add value and refinance funds quickly, holding long-term for cash flow. In this episode, Jim shares his business plan and timeline for cash-out refinancing on multifamily deals, what he learned from a recent 28-unit purchase, and how he’s overcome the biggest struggle of finding adequate contractors to cover the renovations.

Jim Fredo | Real Estate Background Key principal and founder of Spring Capital Partners Portfolio: 97 doors
Single-family rentals and multifamily Based in: Pittsburgh, PA Say hi to him at: springcapital.partners Facebook LinkedIn Best Ever Book: Can’t Hurt Me by David Goggins Greatest Lesson: Be creative, but don’t force a deal.

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