The Real Estate Takeoff - How to Turn Around Distressed Apartment Buildings - Jimmy Edwards

How to Turn Around Distressed Apartment Buildings - Jimmy Edwards

05/30/22 • 48 min

Jimmy Edwards is the owner of the High Five Group. His experience includes property evaluation, underwriting, loan origination, rehab, asset management, finance, marketing and sales. Jimmy has a knack for taking worn down things and making them incredible. He’s been buying distressed assets in Dallas Fort Worth since 2011, has rehabbed and successfully sold over 100 single family residences and now is solely in the multifamily space.

In this episode Jimmy talks about one of his early investments in a 16 unit deal where he partnered with the police department in an 18 person round table strategy session to drive out crime. Jimmy talks about his well oiled machine business specializing in multifamily investments and his bullish investment approach. Lastly he talks about where interest rates are headed with volatility in the stock market.

Connect with Jimmy:

Website: www.highfivemultifamily.com

Partner with us: www.pac3capital.com

Follow the show on Instagram: @themultifamilytakeoff

Connect with Jimmy:

Website: www.highfivemultifamily.com

Partner with us: www.pac3capital.com

Follow the show on Instagram: @themultifamilytakeoff

Previous Episode

Leveraging Multifamily Mentors to Short-Cut Success - Chihiro Kurokawa

Chihiro Kurokawa started multifamily investing in 2017 and has been a principal in four multifamily transactions totaling 479 units and $28.9 million in purchase volume. He has also invested as a limited partner in mobile home parks, development, multifamily, retail and self-storage. He was previously an analytics professional and holds an MBA from UCLA Anderson. He is training to qualify for the Boston Marathon and enjoys alpine skiing.

In this episode Chihiro talks about leveraging the power of relationships and mentorship to enter the multifamily space and manage his first syndication deal in 2019 for a 128 unit property. He also talks about cash flow as a syndicator or primary sponsor and the experience of quitting your W2 job.

Connect with Chihiro:

Instagram: @cgkurokawa

LinkedIn: Chihiro Kurokawa, MBA

Facebook: Chihiro G Kurokawa

Partner with us: www.pac3capital.com

Follow the show on Instagram: @themultifamilytakeoff

Next Episode

Leveraging Mentorship Programs and Strategic Partnering - Hoa Nguyen

Hoa Nguyen is an entrepreneur, author, business leader, eye doctor, and an accredited real estate investor and syndicator. She is the CEO and co-founder of Blacksteel Investment Group. She has ownership in over $360M in real estate acquisitions and is invested in over 5,300 units as general partners and limited partners. She owns 2 successful eye practices in DFW named Eye Pieces for over 10 years and co-founded 20/20 Platinum Capital to help families/busy professionals invest passively in apartment communities. She is a blessed mother to a 7 year old daughter and proud wife to her life partner for 17 years. Her passion is to travel the world to immerse in different cultures, empower the youth, empower women, and contribute back to her community and many non-profit organizations.

In this episode Hoa talks about how she quickly grew to over 5000 units in 5 years. She shared her journey of joining a mentorship program and finding partners that complemented her skill sets to co-sponsor deals. This episode will give you insight on barriers to enter to multifamily industry and why partnering with people who have experience is valuable in your journey.

Connect with Hoa:

Website: www.passivewealth23.com

Partner with us: www.pac3capital.com

Follow the show on Instagram: @themultifamilytakeoff