Find out a short-term strategy that brings in cash flow, learn about a long-term strategy that accounts for profits at the same time builds your net worth over time, and what tactics to employ when finding deals to stay strong for any eventuality during ...
Find out a short-term strategy that brings in cash flow, learn about a long-term strategy that accounts for profits at the same time builds your net worth over time, and what tactics to employ when finding deals to stay strong for any eventuality during and post coronavirus.
Resources/Links
Summary:
Jose Jafferji is a full-time Real Estate Investor and Business Owner who has been actively involved in the industry for over a decade. His approach to the business is diverse with a large buy and hold portfolio, an in-house property management division, a wholesale/flipping arm, and now just recently a land acquisition and development stream to his operation.
In this episode, Jose will share why he chooses to diversify his business operations and how focusing on income and wealth creation simultaneously has been his key to success.
Topics Covered:
Key Takeaways:
“I have a multi-faceted approach to real estate investing taking into account income, as well as wealth building.” – Jose Jafferji
“We just have to be extra vigilant and take into account a little bit of buffer when dealing with flipping business in this time of COVID.” – Jose Jafferji
“In terms of income, my primary strategy is flipping properties, and we also do some wholesaling as well.” – Jose Jafferji
“In terms of long-term wealth strategy, we always use the BRRRR strategy and we’ve done that with single-family homes to multi-family apartment buildings.” – Jose Jafferji
“When it comes to finding investors and raising capital, the best way is to start off with friends and family, it’s the safest way.” – Jose Jafferji
Connect with Jose Jafferji:
Connect with Dave Dubeau:
Enjoyed the Podcast?
Please subscribe on iTunes for updates