
THE REAL ESTATE TAKEOFF
In Episode 115, Rich, Shawn & Mike breakdown their latest 32 unit deal from acquisition, operation, to exit with learning lessons along the way. Rich, Shawn & Mike cashed out their 401Ks to purchase this deal back in 2019 along with a couple of their equity partners. Recently they sold this property for almost 3X what they had bought it for just 25 months prior. In this episode the guys cover everything from how the deal was sourced, how it was financed, the business plan, renovations, best strategies, mistakes made, learning lessons, and why they decided to sell.
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