Average Joe Finances
On this podcast we discuss how to create passive income from real estate, investing, side hustles and more. Our mission is to show people that financial independence is possible no matter their income level. This podcast is designed to be an educational tool to help you become financially independent. We want you to beat your debt, build your wealth, and control your future!
Average Joe Finances
241. Buying Multifamily Real Estate as a Business with Vlad Arakcheyev
Investing in multifamily properties is a preferred choice due to its benefits, including increased cash flow and property value appreciation. But what if you look at multifamily investment as not just a real estate venture but a business opportunity? Get ready to explore this mindset!
Join us on Average Joe Finances as our guest Vlad Arakcheyev shares his journey to becoming a real estate agent and his gradual transition into multifamily investments and turning it into a functionally operational business.
In this episode:
- Emphasize the importance of building a robust team when venturing into multifamily investment.
- Continuously learn and stay updated on industry trends and changes to make informed investment decisions.
- Understand that significant results in multifamily investment may take time to materialize.
- Recognize that multifamily property investment requires a nuanced understanding of business operations within the real estate sector.
- And so much more!
Key Moments:
00:01:17 Vlad's Journey into Real Estate
00:01:33 Transitioning from Graphic Design to Real Estate
00:02:20 Exploring Different Real Estate Strategies
00:02:48 Challenges of Balancing a Job and Real Estate
00:03:11 Taking the Leap into Full-Time Real Estate
00:03:16 Experiencing the Ups and Downs of Single-Family Rentals
00:04:05 Discovering the Potential of Multifamily Real Estate
00:04:27 The Importance of Education and Mentorship in Real Estate
00:05:02 Vlad's Current Real Estate Strategy and Focus
00:08:36 The Benefits and Challenges of Multifamily Real Estate
00:08:59 The Importance of Third-Party Property Management
00:09:16 The Business Side of Multifamily Real Estate
00:10:40 The Power of Partnerships in Real Estate
00:16:06 Finding Deals in Real Estate
00:21:12 The Role of Technology in Real Estate
00:25:51 Navigating Market Changes in Real Estate
00:27:23 Shifting Investment Focus from C to B Class Properties
00:27:50 Understanding the Risks of Older Buildings
00:28:12 The Advantages of Investing in BA Class Buildings
00:28:41 The Impact of High Mortgage Rates on the Rental Market
00:29:18 The Real Estate Market in New Jersey: A Case Study
00:30:23 The Consequences of Waiting for Lower Rates
00:31:05 The Importance of Planning and Strategy in Real Estate Investment
00:31:57 The Benefits of Investing in BA Class Buildings
00:35:45 Adapting to Market Changes: Shifting Investment Locations
00:39:35 The Importance of Teamwork in Real Estate Investment
00:45:11 The Role of Education and Mentorship in Real Estate Investment
00:49:17 The Power of Mindset and Focus in Real Estate Investment
Find Vlad Arakcheyev on:
Website: https://zontikventures.com/
LinkedIn: https://www.linkedin.com/in/vladarakcheyev/
Facebook: https://www.facebook.com/Vlad.Arakcheyev1/
Instagram: https://www.instagram.com/vlad_arakcheyev/
Tiktok: https://www.tiktok.com/@best_apartment_advice
Email: Vlad@ZontikVentures.com
Calendly: https://calendly.com/vlad-arakcheyev/30min
Average Joe Finances®
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