JF3811: Third-Party Property Management Strategy, Market Supply Challenges, & Operational Growth Decisions ft. Chris Grenzig

Slocomb Reed interviews Chris Grenzig, co-founder of JAG Capital Partners and JAG Property Management. Chris shares his journey in real estate, detailing his transition from working for a larger firm to starting his own company. He discusses the current challenges in the Jacksonville market, including rising insurance costs and the impact of new construction on rental prices. Chris also explains his decision to pivot to third-party property management and the operational strategies he employs to manage properties effectively. The conversation concludes with insights on the long-term outlook for the Jacksonville real estate market and how Chris is positioning his business for future growth.

Chris Grenzig is the owner of JAG Capital Partners and JAG Property Management, which focuses on the acquisition of multifamily properties in Jacksonville, FL and Orlando, FL ranging from 10-80 units. JAG Capital has acquired 150 units to date totaling roughly $10m and still owns 51 units. JAG Capital focuses on value-add multifamily opportunities and has directly managed and overseen millions in renovations. JAG Property Management handles the property management of these properties and also manages long term traditional rentals for other owners ranging from single family homes to 80 unit multifamily properties. in the Orlando and Jacksonville areas.

https://orlandoproperty.management/

https://www.linkedin.com/in/chris-grenzig/

https://instagram.com/chris.grenzig

https://jagcapitalpartners.com/

Sponsors:

Crystal View Capital

Capital Gains Tax Solutions

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