REI181: 400 Flips, Midwest Multi-Family, and Mental Health Advocacy w/ Jonathan Barr

Patrick Donley sits down with Jonathan Barr to talk about how he renovated 400 homes in Los Angeles with his family business, how he 1031’ed some duplexes he owned into investing in Midwest multi-family, how he’s managing his properties remotely, why he is a big fan of interest only loans and cost segregation studies, what his “Why?” is, and why mental health advocacy is important to him.

IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
06:40 - How they managed 400 flips in Los Angeles over a 10 year period.
10:18 - How some duplexes he bought in LA after the Great Financial Crisis provided the capital to start his next venture.
11:00 - What his next steps were after the fix and flip business became saturated?
14:09 - How he transitioned away from the family business and started JB2 Investments.
15:11 - Why he chooses to invest in multi-family in the Midwest.
15:11 - How he tripled his cash flow by investing in Midwest multi-family.
19:40 - Why he is a fan of interest only loans.
22:45 - How he’s managing his properties remotely.
22:45 - What the pros and cons of working in his family’s business were.
33:16 - What the advantages of cost segregation studies are.
37:48 - Understanding the advantages of a 1031 exchange.
43:51 - What Jonathan’s “Why?” is.
48:54 - Why he is a strong advocate for men’s mental health and how he practices self-care.
And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
 
BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.

Moses Kagan’s blog

Jonathan’s blog and e-book

Re-Convene

Start with Why by Simon Sinek.

Psychology of Money by Morgan Housel.

Shoe Dog by Phil Knight.

Rich Dad Poor Dad by Robert Kiyosaki.

Related episode: Listen to REI155: Building a Boutique Property Empire w/ Moses Kagan, or watch the video.

Related episode: Listen to REI173: The Power of Cost Segregation w/ Yonah Weiss, or watch the video.

Related episode: Listen to REI170: Transforming Spaces w/ Antonia Botera, or watch the video.

Related episode: Listen to REI159: From Receptionist to Urban Infill Developer w/ Sean Sweeney, or watch the video.

NEW TO THE SHOW?

Check out our Millennial Investing Starter Packs.

Browse through all our episodes (complete with transcripts) here.

Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance.

Enjoy exclusive perks from our favorite Apps and Services.

Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.

Learn how to better start, manage, and grow your business with the best business podcasts.

SPONSORS
Support our free podcast by supporting our sponsors:

Linkedin Marketing Solutions

Fundrise

TurboTax

HelloFresh

NetSuite

Connect with Patrick (@jpatrickdonley): Twitter
Connect with Jonathan: Website |  Twitter | LinkedIn
Learn more about your ad choices. Visit megaphone.fm/adchoices

Patrick Donley sits down with Jonathan Barr to talk about how he renovated 400 homes in Los Angeles with his family business, how he 1031’ed some duplexes he owned into investing in Midwest multi-family, how he’s managing his properties remotely, why he is a big fan of interest only loans and cost segregation studies, what his “Why?” is, and why mental health advocacy is important to him.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

06:40 - How they managed 400 flips in Los Angeles over a 10 year period.

10:18 - How some duplexes he bought in LA after the Great Financial Crisis provided the capital to start his next venture.

11:00 - What his next steps were after the fix and flip business became saturated?

14:09 - How he transitioned away from the family business and started JB2 Investments.

15:11 - Why he chooses to invest in multi-family in the Midwest.

15:11 - How he tripled his cash flow by investing in Midwest multi-family.

19:40 - Why he is a fan of interest only loans.

22:45 - How he’s managing his properties remotely.

22:45 - What the pros and cons of working in his family’s business were.

33:16 - What the advantages of cost segregation studies are.

37:48 - Understanding the advantages of a 1031 exchange.

43:51 - What Jonathan’s “Why?” is.

48:54 - Why he is a strong advocate for men’s mental health and how he practices self-care.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

 

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Moses Kagan’s blog
Jonathan’s blog and e-book
Re-Convene

Start with Why by Simon Sinek.

Psychology of Money by Morgan Housel.

Shoe Dog by Phil Knight.

Rich Dad Poor Dad by Robert Kiyosaki.
Related episode: Listen to REI155: Building a Boutique Property Empire w/ Moses Kagan, or watch the video.
Related episode: Listen to REI173: The Power of Cost Segregation w/ Yonah Weiss, or watch the video.
Related episode: Listen to REI170: Transforming Spaces w/ Antonia Botera, or watch the video.
Related episode: Listen to REI159: From Receptionist to Urban Infill Developer w/ Sean Sweeney, or watch the video.

NEW TO THE SHOW?

Check out our Millennial Investing Starter Packs.
Browse through all our episodes (complete with transcripts) here.
Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance.
Enjoy exclusive perks from our favorite Apps and Services.
Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
Learn how to better start, manage, and grow your business with the best business podcasts.

SPONSORS

Support our free podcast by supporting our sponsors:

Linkedin Marketing Solutions
Fundrise
TurboTax
HelloFresh
NetSuite

Connect with Patrick (@jpatrickdonley): Twitter

Connect with Jonathan: Website |  Twitter | LinkedIn

Learn more about your ad choices. Visit megaphone.fm/adchoices