Jim Huntzicker started his real estate career in 2005 as a way to spend more time with his young children. Fast forward to today, and he has closed nearly 500 deals and has rehabbed most of those. It was only until recently that Jim got out of the rehabbing business due to the changes in the market. On today’s episode, Jim explains how he was able to get into multifamily properties and even close on a deal that landed him a million dollars in profit!
Key Takeaways:
Mentioned in This Episode:
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Connect with Jim at Realestateinvestoracademy.com
Go here to partner with Jim on Multifamily Deals (nothing is for sale) - Jim's just looking to grow his network and partner with the right people.
Tweetables:
“The deals are hard to come by now. So there’s a right time and a wrong time. Right strategy, wrong market. I don’t think rehabbing is the right strategy until a year and a half ago”
“I had a contract to sell it for $2.3m, so I was able to show it to one of my lenders and they financed it 100% because we bought it so far under value and I could prove that.”
“There’s a lot more risk. You really have to do your homework and believe in yourself to pull the trigger.”
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