JF2539: 100% Returns in 35 Months with Jimmy Edwards #SkillsetSunday
Jimmy Edwards just closed his first full cycle deal in his college town, giving 100% returns in just 35 months. Today we’re getting down to the numbers and learning his exact step-by-step process for successful rehabbing and rebranding. Jimmy shares...
The Best Ever CRE Show · Joe Fairless
Audio is streamed directly from the publisher (traffic.megaphone.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Jimmy Edwards just closed his first full cycle deal in his college town, giving 100% returns in just 35 months. Today we’re getting down to the numbers and learning his exact step-by-step process for successful rehabbing and rebranding. Jimmy shares what he told investors when he found out how poor conditions actually were, 6 key things he did to let the community know there’s new ownership, and how he knew it was time to sell.
Jimmy Edwards Real Estate Background:
- Previous episode: JF1421
- Just closed on first full cycle deal - 2x multiple in 35 months, purchased at 50% occupancy, decreased to 38% occupancy, sold at 92%
- Full time multifamily investor
- Invested in 570 units
- Purchased, rehabbed, and successfully sold over 100 SFRs
- Based in Dallas, TX
- Say hi to him at: www.HighFiveMultifamily.com
Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify
Learn more about your ad choices. Visit megaphone.fm/adchoices