Joseph is a multifamily investments specialist. Leading group acquisitions of over $11MM in real estate and providing asset management services to a portfolio of 156 units with 97 additional units currently under contract and growing. Joseph began his real estate investing back in 2005, when he purchased with his wife Rita their first investment property in Israel. In 2007 Joseph & Rita relocated to Plano, Texas and in early 2008 started their US real estate investment journey with the purchase of a duplex in Plano. Since then they grew their portfolio and strengthened their equity positions in multiple single family properties and this is the main focus of this episode. If you are interested in growing your business and making a leap in apartment business you will find a lot of useful information in this episode. EBG Acquisitions – www.ebgacquisitions.com

Show Notes: 00:00 – 02:46 Introduction 02:46 – 05:40 When is the time to make leap in a bigger game? 05:40 – 08:35 The first apartment deal 08:35 – 10:12 Working with brokers 10:12 – 13:50 Size points. Number of units. Equity. 13:50 – 18:18 Valuing deals 18:18 – 21:40 Profit centers in an apartment business. 21:40 – 25:11 Calculate rent rates 25:11 – 27:07 Inspecting units 27:07 – 28:42 Option and earnest money 28:42 – 30:48 Financing deals 30:48 – 38:28 Join ventures. Syndication structure. 506(b) and 506(c) 38:28 – 40:39 The best way to fund a deal 40:39 – 43:45 Exit strategies 43:45 – 44:57 Typical time frame from start to finish if you are buying apartments 44:57 – 48:13 Good indications related to location 48:13 – 51:02 Dallas market 51:02 – 55:37 Property management process 55:37 – 58:36 Contact information