Guide to MF Real Estate (Acquisition and Due Diligence) with Jorge Abreu - Part 5

For the final episode of our Guide to MF Real Estate, we have Jorge Abreu who’s gonna talk to us about the final piece of the puzzle. Jorge has been investing in real estate full-time for over 14 years. He started in Single-family and small multifamily properties. He’s wholesale over 200+ properties, fixed and flipped over 100+ properties, and developed several new construction projects. For the past 3 years, he has solely focused on large multifamily properties. 

Join us in this episode as we talk and learn about Acquisition and Due Diligence

[00:01 – 06:25] Opening Segment

I welcome our guest, I talk about the background of our guestJorge talks about his background and recent investmentsJorge’s strength when it comes to multifamily

[06:26 – 24:50] Acquisition and Due Diligence

Jorge’s approach to sourcing dealsBuild your criteriaGet to know the marketBuild relationships with brokersFiltering the deals they want to take onHow they manage expensesUnderwriting dealsJorge talks about Due Diligence

[24:51 – 27:49] TIME TO TAKE ACTION

Actionable steps/tips listeners can do to help their real estate investing careerBuild out your property criteriaPut more focus on finding deals to fix and improve your criteriaHave a system to deal with the flow and processThe main takeawayConnect with Jorge. See the links below.Final thoughts

Tweetable Quotes:

“You can waste a lot of time in multifamily. There’s a ton of deals out there, you can just run in circles and drive yourself insane. So first you have to have some type of system--how you’re gonna source deals, how you’re gonna evaluate them, and really focus your energy so you can find deals.” -  Jorge Abreu

“We’re pretty efficient, want to make sure we know what we’re buying and turn over all the rocks.” - Jorge Abreu

 Resources Mentioned:

JNT Constructions

To learn more, Send Jorge an email at [email protected] or visit https://www.elevatecig.com/ 

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Visit www.nokacapital.com to learn more about investing in multifamily real estate.

I’d like to connect with you! Send me an email at [email protected].

Book Recommendations:

Rich Dad Poor Dad

Think and Grow Rich

Best Ever Apartment Syndication Book