Breaking into the Commercial Multifamily Investing World - with Josh Ferrari | TLS080
The Lead Sponsor - Real Estate Investing Through Syndications and Funds02/22/21 • 53 min
In this episode, Josh Ferrari walks us through his journey as an aircraft technician to acquiring his first investment property and recently closing on a 42 unit, c-class, value-add, syndication in Mobile AL.
>>>Interested in partnering with us on future opportunities? Connect with me at CanovoCapital.com.
WE DISCUSS:
- Josh's background
- How Josh got started in real estate
- His first investment property (4 plex)
- How he found a mentor to help him break into commercial multifamily
- How he found his real estate investing partner
- How he found his first commercial multifamily deal
- 42 unit, value-add, multifamily deal in Mobile, AL
- His experience in raising money for the first time
- His biggest mistake
- His biggest win
- His best advice
KEY QUOTES:
"Get after it! Be careful but take action!"
ABOUT OUR GUEST:
My name is Joshua Ferrari. I grew up not knowing anything about finances or investing. I always thought I was just going to work until I was 65, retire on a farm out in the country, and travel with my wife to see the world. I had no background in financial education and I seriously hated school. Yet, somehow the idea of investments caught my attention when I read that famous book titled “Rich Dad Poor Dad” by Robert Kiyosaki.
I have grown to have a passion like no other for multifamily real estate. My journey started 2 and a half years ago when I bought my first multifamily property which was a fourplex. My experience throughout that journey has given me the needed expertise in managing contractors, subcontractors, and materials for multi-unit rehabilitations.
I have been a licensed Aircraft Technician for the last 3 years. The job of an Aircraft Technician is fun, and it requires meticulous attention to detail for the safety of the flight crew. I have never had any aircraft required to be reworked due to unsatisfactory work. My attention to detail allows me to be the expert needed to run these types of assets.
I’m happily married to my wife, Alicia for three years. We have a Pembroke Welsh Corgi named Pecan who loves traveling, eating, & chewing fingers. I’m an active member in my local church where I serve as the drummer on the worship team, and I teach investing and finances to local entrepreneurs wanting to get started in the space.
CONNECT WITH OUR GUEST:
www.FerrariCapital.com
CONNECT WITH US!
- Visit our Website: https://www.apartmentinvestingjourney.com/
- Connect with us on Facebook: https://www.facebook.com/apartmentinvestingjourney/?modal=admin_todo_tour
- Follow us on YouTube: https://www.youtube.com/channel/UCpmNIzpEzxGn5ZuNgjAVV-w/featured
- Follow us on Instagram: https://www.instagram.com/apartmentinvestingjourney/
- Listen on Apple Podcasts: https://podcasts.apple.com/us/podcast/apartment-investing-journey/id1464256464
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ARE YOU A PASSIVE INVESTOR LOOKING FOR PRE-VETTING COMMERCIAL MULTIFAMILY INVESTMENT OPPORTUNITIES? VISIT CANOVOCAPITAL.COM TO CONNECT WITH US
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02/22/21 • 53 min
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