Welcome back to The Multifamily Artists Podcast! In this Action Items episode, I welcome back Jason Yarusi! Jason is an active real estate syndicator and investor. In 2016, he founded Yarusi Holdings, a multifamily investment firm currently with over 850 units totaling over $75M in real estate. The firm repositions properties through operational efficiencies, moderate to extensive renovations, and complete rebranding. Jason also hosts "The Jason and Pili Project", a Youtube Channel, and The "Multifamily Live". His monthly Multifamily Meetup has amassed over 2500 members. In 2020 he ran over 2500 miles including over 500 miles in the month of April alone which included over 18 marathons. Jason and his wife, Pili, co-authored the book Fit Rich Life providing tactical advice one can do in 15 minutes or less a day to change the course of your life for the positive.

In this episode, Jason talks about how you can find partners and mentors if you’re starting out in real estate. He talks about the importance of figuring out the value you can provide and knowing your “why”. Jason also shares how he picks markets he invests in and what drivers he looks at to choose those markets. Join us and listen in!

[00:01 – 10:44] What You Should Do If You’re Looking for Partners or Mentors

• Welcoming back Jason to the show
• Jason talks about Alessandra Thompson, an Associate in Yarusi Holdings
• How she helps the team in operations
• How you can find potential partners or mentors
• Figure out where you can provide value
• Starting even without a portfolio or capital
• Focusing on strengths vs. filling in your weaknesses

[10:45 – 18:23] Strategies on Picking a Market

• How you can transition from single-family to multifamily
• It comes down to your “why”
• What Jason looks at when finding markets to invest in
• Job growth and diversity
• Tools he uses to find these drivers
• How you can learn more about multifamily real estate
• Connect with Jason!

Tweetable Quotes:

“Luck is never going to appear and you're never going to be ready for it if action isn't taken.” - Jason Yarusi

“Give it time to grow. Give it four or five months, put the steps in place, and either it's gonna be the right one or not. Then you make the change you have to or stick it out and you'll find your way in that market.” - Jason Yarusi

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Socials and Links

Connect with Jason via his email and Instagram!

Check out Yarusi Holdings on their website!

Sponsor: Invest Next

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