Ep. 144 Joseph Gozlan: Scaling Your Multifamily Investments Through Secondary Markets

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multifamily investmentsMultifamily investing is often the next step for real estate investors – typically those with single-family experience – looking to scale their investing and increase earnings through investment real estate. However, current market levels in major MSAs throughout the country are causing many multifamily investors to wonder how to continue adopting sustainable growth strategies.

While many multifamily markets may be reaching dizzying heights, you shouldn’t let that deter you. For the investor willing to put in the work, opportunity awaits. A little creativity and diligence can go a long way if you are looking to scale your multifamily investments. Just ask our guest this week.

Joseph Gozlan moved from Israel to Texas in 2007, quickly realizing the single-family investment potential available at that time. From there, he asked himself how to continue scale his real estate operations, finding multifamily investments to be the desirable vehicle.

Founding Eureka Business Group, Joseph has continued to scale and his multifamily investments, applying creative strategies in secondary and tertiary markets to find sustainable growth.

Scaling Your Multifamily Investments Through Secondary Markets

  • Why Multifamily?
    • Major MSAs nearing top of market
    • Huge generational shift from buying to renting
      • Baby-boomers
      • Millenials
  • Looking at Secondary Markets
    • Who are the major employers?
    • What are the major economic drivers? What are the risks?
    • What is the historical performance of the market?
  • Finding the Right Property
    • Focus on sustained returns
      • A-class multifamily may be hot, but B+C properties can fare better in market downturns
    • Think locally
      • Boots-on-the-ground market knowledge is key
      • Work with boutique brokerage firms
      • Build a trusted team on the ground
    • Off-market properties
      • Form local relationships in your desired market

Contact Joseph

Joseph is always looking to form relationships with brokers, property owners and sellers. If you’ve got a multifamily deal or have a question for Joseph, you can reach him be following the link below:

 

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