Jade discusses how his background in electrical engineering helped him with acquiring and managing properties. He also recounts how his professional journey as an engineer led him to become a landlord and buy houses in Arkansas. He talks about the challenges of the current market, which forced him to move to Houston in 2012. After 8 years in Houston, Jay decided it was time to move back home and focus on buying properties in Arkansas. Jade became a multifamily investor after working as an attorney, and he now advises investors on apartment investments. 

Jade Laye is an Investor and Attorney who assists investors in obtaining above-market returns through apartment investments. With 10 years of experience in the acquisition, rehab, and operation of 2500+ single and multi-family units in Texas, Arkansas, Memphis TN & Atlanta GA, Jade has acquired $230M+ in real estate assets under control and/or ownership. Jade also has 15+ years of legal/management experience in major law firms.

[00:01 - 06:53] Opening Segment

• Introducing Jade to the show
  • Engineer/attorney
• Assisting investors in obtaining above-market returns through apartment investments 
• Jay’s background as a real estate investor

[16:54 - 33:08] The Best Market Is Always Your Backyard

• It’s always better to start where you’re most comfortable
• Why multifamily is a better investment
• The ability to force appreciation in apartments in a way that isn’t possible with houses

[33:09 - 49:38] Bringing Equity to Multi-Family Portfolio

• Modern-day syndication is more common with larger general partnership teams, where each partner brings in equity
• One of the things that have evolved in modern-day syndication is the structure of the team, with each partner taking on specific responsibilities
• Character and capability are important factors when selecting a syndicate partner
• Sponsors should take a balanced approach to evaluate deals
• Sponsors should also be aware of the risks associated with entering new markets

[49:39 - 57:13] Closing Segment

• Jade’s tips for a successful sponsorship
  • It is important to have a long-term perspective when vetting potential sponsors
  • It is important to partner with people who have experience in the real estate industry
• See the links below to connect with Jade

Quotes:

“Everybody has to have specific roles outlined. Everybody has got to be a team player.” - Jade Laye

"I invest with people I can trust." - Jade Laye

Connect with Jade on LinkedIn, Facebook, or email him at [email protected].

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