property rehab

From being a full-time police officer to an investor, Joseph Cornwell shares his journey of achieving financial stability starting from rehabbing one single-family property.

This episode covers performing value add to an investment property, valuable ideas when hiring a contractor, buying and holding properties, and the ideal partner that will help you scale and grow in real estate.

Key Points & Relevant Topics

• Factors that motivated Joseph to invest in real estate
• Why Joseph decided to start a general contracting business
• Juggling a full-time job with real estate investing and other businesses
• What does “heavy value add” mean in real estate
• Things investors must be looking for and expect from a contractor
• Joseph’s transition from single-family to larger and mid-sized multifamily 
• Having the right business partner and building relationships
• Biggest challenge of scaling to larger multifamily deals
• The key to succeeding in real estate despite having mistakes

Resources & Links
Apartment Syndication Due Diligence Checklist for Passive Investor

About Joseph Cornwell

Joseph was a full-time police officer based in Cincinnati, Ohio from 2011-2021. He began real estate investing in 2016, got his real estate license and started buying small multi-families, duplex, 4plex, etc. He began a general contracting business in 2018 and scaled his businesses and portfolio until he was financially free in 2021. 

He now has 125 units in 13 properties ranging from single families to 40 units valued around 8MM. He sells around 8MM annually in investment property, and they do around 2MM a year in the general contracting business. 

Get in Touch with Joseph

• Facebook: Realty One Stop
• FacebookPrivate Group: Realty One Stop Mastermind
• Instagram: @joecornwellre
• LinkedIn: Joseph Cornwell

To Connect With Us

Please visit our website www.bonavestcapital.com and click here to leave a rating and written review!

This week we had the pleasure of interviewing veteran real estate investor Jay Conner. Jay has been buying and selling houses since 2003 in a North Carolina town of only 40,000 people.

He has rehabbed over 475 houses and been involved in over $118 Million Dollars in transactions. After years of mastering his systems, Jay now profits an average of $78,000 per deal.

He has completely automated his Annual 7-Figure business of buying and selling houses to where he only needs to work 10 hours per week.

His passion today lives in motivating and teaching other Real Estate Investors how to raise private money without every asking for Money. As a result, Jay has consulted with over 2,000 Real Estate Investors on a one-on-one basis.

Throughout the episode we discuss the strategies and systems he has implemented to help others as they get into the business. Make sure to bring your pen and paper as this episode is filled with golden nuggets!

Can you generate more money in real estate by impacting people’s lives positively? Know the answer from this episode full of inspiration and values! Today, Brad Chandler joins us to talk about his investing success from rehabbing houses, all the lessons he learned in life, and how you can find genuine happiness, love, and freedom. Reconnect with yourself by tuning in!

Key Points & Relevant Topics

• Brad’s introduction to real estate fixing, flipping, and rehabbing houses and his decision to leave his W2 job
• A valuable advice for someone starting to build a company or a real estate business
• How you should treat home sellers who are in a distressed situation
• What causes a thinking problem and what’s impacting one’s behavior?
• 3 critical things to change your mental state permanently
• Why self-love matters?
• Reconnecting with yourself and building relationships with people around you
• Some insights about the current market situation and in the coming years
• When is the best time to buy real estate, fix and flip houses?

Resources & Links

• Apartment Syndication Due Diligence Checklist for Passive Investor
• Brad’s Joy Regenerator: www.bradchandler.com/joy 
• Self-Love Quiz: www.bradchandler.com/quiz 
• Podcast: How To Be Happier For Entrepreneurs
• Trello

About Brad Chandler

Brad first got introduced to real estate when he read a book in 9th grade on how to buy houses. In 2002, an investor bought his neighbor's house in Vienna, Virginia, and after talking with the investor, he decided to start Express Homebuyers. 

20 years later, Express Homebuyers has bought and sold 4,000 homes across the country and runs primarily without his involvement. Brad's main focus is making an impact on the team members and the clients they serve by providing a customized solution that best addresses the client's individual needs. 

In early 2021 he went through a major life transformation and found freedom and happiness through self-love. In 2022, because of the profound shift, he felt obligated to share this path with others and started Brad Chandler Coaching. 

Get in Touch with Brad
Website: Brad Chandler / Express Homebuyers

To Connect With Us

Please visit our website www.bonavestcapital.com and click here to leave a rating and written review!

Hello! This is Multifamily Off the Cuff Episode # 17. Thank you so much for listening!

This episode was very special. Fernando had the pleasure to talk to Gina Da Silva. Gina has been working with the multifamily industry for 20 years. She started as a leasing agent, and now she is at senior property level and specializes in rehabs. 

These were some of the questions they discussed:

• Out of the services that’s being provided to the Multifamily which one you think it is the most difficult one to deal with? Hint hint – It’s not cleaning for her!
• In your opinion, How does the life of a property manager look like on site? Tell the vendor what we don’t know!
• How important is the interaction between maintenance and office staff and its downfalls.
• In your opinion if you could change something for the better of the industry. What would that be??

Thank you for listening! Please leave us a review, so we can keep improving! You can follow us on IG – Multifamily_off_the_cuff to see all the behind the scenes and `keep up with the new episodes. If you have any questions or topics you would like to listen here, please send us an email at irene@multifamilyoffthecuff.com

In This Episode Martin Perdomo “The Elite Strategist” Interviews Victor Reynoso on Latinos In Real Estate Investing Podcast where he shares the seven stages of Rehab.

THE SEVEN STAGES OF REHAB

1. INITIAL WALK THROUGH
2. SCOPE OF WORK- EXTERIOR & INTERIOR 
3. CONTRACTOR JOB BIDDING
4. CONTRACT SIGNING (SAMPLE CONTRACT HAND OUT)
5. REHAB PROCESS
6. FINAL TOUCHES
7. CONTRACT CLOSE OUT

Victor covers these steps to help you get ready for your next flip or your next BRRRR Buy , Rehab, Rent Refinance and Repeat. What ever your strategy this episode will give you some tools to help you get there faster. Enjoy!

To Reach Martin Perdomo "The Elite Strategist"

• martin@premierridgecapital.com
• If you want to learn more on how to invest passively in Multifamily Real Estate visit our website  https://www.premierridgecapital.com 
• To get on our news letter http://eepurl.com/gDkX0P  
• connect with us on social media Instagram https://www.instagram.com/elitestrategist/ 
• Facebook https://www.facebook.com/theelitestrategist 
• Like and subscribe to our YouTube Channel  Martin Perdomo "The Elite Strategist"
• Check out our online course and learn How to wholesale Real Estate @ https://real-estate-investing15.teachable.com/p/real-estate-beginner-deals
• Check our Real Estate Investors Club meet-up Website https://stroudsburgrei.com
• Get our Free Habit Register by texting the word  STRATEGIES to 33222