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Summary:
In this episode, Whitney interviews Jason Yarusi, owner, Yarusi Holdings and host of the Real Estate Investing Foundation podcast. Jason shares how smart negotiation tactics and thorough due diligence can help you profitably syndicate a real estate deal. Which economic indicators should you consider before you zero in on a syndication property? How can you make the difficult transition from single family investing to multifamily syndication? And, how do you deal with prospects who think you are lowballing them? This show is loaded with some great business tips guaranteed to give you the competitive edge. Tune in now!
Time Stamped Show Notes
- 00:27 – Whitney introduces Jason to listeners
- 01:52 – Jason shares details of his impressive family business
- 02:37 – When did Jason transition to the syndication business
- 05:43 – Jason sells his smaller single family assets to move into the multifamily arena
- 06:41 – Challenges that Jason had to overcome as he moved into multifamily investing
- 08:23 – Jason’s advice for first time syndicators who are looking to syndicate a deal
- 09:25 – Multifamily syndication allows the luxury of hiring more efficient property management teams
- 10:55 – Job growth and population growth are important indicators to consider while zeroing in your first deal
- 13:16 – How to analyze Housing starts and crime rates while evaluating a syndication deal
- 14:25 – How to leverage existing relationships to find your first deal
- 17:56 – How to deal with prospects who think you are lowballing
- 19:14 – Jason looks to invest in properties that can offer good returns from day one
- 21:49 – What advice would Jason give his twenty year old self?
- 23:19 – What is the #1 thing that has contributed to Jason’s success?
- 23:41 – The importance of surrounding yourself with the right people
- 25:59 – Jason shares his contact information
- [spp-timestamp time=”26:19″] – A special thanks to our sponsor, Life Bridge Capital
In this episode, you will learn:
- How to analyze economic indicators for evaluating a real estate syndication deal
- How to overcome challenges as your transition from single family investing to multifamily syndication
- The ART of negotiating with prospects in order to purchase a syndicated property at the right price
Resources
- Jake and Gino Conference
- Best Ever Conference
- Yarusi Holdings
- Bigger Pockets
- Real Estate Syndication Podcast
- Life Bridge Capital
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