Real Estate Investing for Cash Flow with Kevin Bupp

Ep #245: Building a Vertically Integrated Property Management Company Versus Outsourcing to a Third Party


Listen Later

In this episode of the Real Estate Investment for Cash Flow podcast, Kevin brings in his good friend, James Kandsamy.

James is a real estate and multifamily home expert with years of experience in asset management. He is also the director of acquisition and investor relations at Achieve Investment Group, a multifamily investment firm dedicated to acquiring and operating properties with significant value-add components located in high growth top tier US MSA’s.

In the podcast, James talks about why and how he ventured into multifamily real estate. He explains why his property management structure is vertically integrated into his company, a feature which is somewhat unique in multifamily properties.

Kevin and James discuss acquiring leads with today’s online capabilities. James talks about finding and adding value in properties and shares some tools and resources that real estate entrepreneurs can utilize to acquire information about the market.

QUOTES:

“I realized that there’s a lot of magic in multifamily commercial real estate because of the fast appreciation so I said ‘I’m moving to commercial real estate.’”

“The best method right now in this market cycle to get started in multifamily or any commercial, I would say, it’s basically to go direct to the seller and do direct mail, cold texting or cold calling and establishing the relationship.”

“You have to use some kind of value proposition to buy this kind of deal —what is special to you that you are able to buy, that someone else is not able to buy?"

“In general, across all my properties in multifamily in San Antonio, we have seen that Google is the best...So make sure you have good reviews in Google. I think almost 80% of my leads come from Google.”

“I think the most important value-add is just good management.”

HIGHLIGHTS:

9:24 James’ background and how he got into multifamily real estate

19:16 Competition and opportunities in multifamily real estate

21:52 Management structure at Achieve Investment

27:14 Getting leads from a marketing perspective

33:13 James talks about a certain deal

39:30 “Valuable value-adds”

41:45 Online resources and sensitivity analyses

Recommended Resources:

Check out our company and our partnership opportunities by visiting SunriseCapitalInvestors.com
Would you like to partner with us on future MHP deals, call 844-CASH-FLW to learn more or click here to schedule a time on our calendar.
Grab a free copy of our book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them click here

Zumper (management software)
Trulia (Real estate information platform)
ArcGis (Real estate information platform)
[email protected] (James’ email)
Multifamily Investors Group (Facebook group hosted by James)

Review and Subscribe
...more
View all episodesView all episodes
Download on the App Store

Real Estate Investing for Cash Flow with Kevin BuppBy Kevin Bupp

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

673 ratings


More shows like Real Estate Investing for Cash Flow with Kevin Bupp

View all
The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action by The Real Estate Guys

The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action

713 Listeners

BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,794 Listeners

Real Wealth Show: Real Estate Investing Podcast by Kathy Fettke / RealWealth

Real Wealth Show: Real Estate Investing Podcast

401 Listeners

The Best Ever CRE Show by Joe Fairless

The Best Ever CRE Show

992 Listeners

Rental Income Podcast With Dan Lane by Rental Income Podcast

Rental Income Podcast With Dan Lane

829 Listeners

Get Rich Education by Real Estate Investing with Keith Weinhold

Get Rich Education

609 Listeners

Passive Real Estate Investing by Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Passive Real Estate Investing

982 Listeners

Lifetime Cash Flow Through Real Estate Investing by Rod Khleif

Lifetime Cash Flow Through Real Estate Investing

1,413 Listeners

Tax Smart Real Estate Investors Podcast by Hall CPA

Tax Smart Real Estate Investors Podcast

417 Listeners

Master Passive Income Real Estate Investing by Master Passive Income Network

Master Passive Income Real Estate Investing

258 Listeners

Real Estate Investing with Coach Carson by Chad Coach Carson

Real Estate Investing with Coach Carson

607 Listeners

Ken McElroy Show by Ken McElroy

Ken McElroy Show

720 Listeners

Real Estate Rookie by BiggerPockets

Real Estate Rookie

1,837 Listeners

BiggerPockets Daily by BiggerPockets

BiggerPockets Daily

321 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

838 Listeners