Join Daniel Szczepanski and guest Zaram Bukhari as they explore Zaram's background in business and real estate, delve into the dynamics of Rockford, Illinois, and discuss the preference for single-family homes. They tackle the 1% rule, multifamily property challenges, and the significance of competition in the market. Gain insights into Section 8 housing, government incentives, and Zaram's first major deal. Learn about overcoming challenges, portfolio growth, acquisition strategies, and contractor management. Discover investment advice, the BRRR strategy, wholesaling, and mentorship. Hear about Zaram's future plans, market trends, and community focus.
(0:00) Welcome and introduction
(0:17) Background and early experiences in business and real estate
(5:08) Overview of Rockford, Illinois and single family homes preference
(7:40) The 1% rule and multifamily property challenges
(15:33) Competition in real estate and the significance of "toll"
(25:56) Section 8 housing insights and government incentives
(36:01) Zaram Bukhari's real estate journey and first major deal
(41:22) Overcoming early challenges and recognizing growth opportunities
(46:03) Splitting partnership, portfolio growth, and acquisition strategies
(49:16) Renovations, maintenance operations, and contractor management
(58:08) Real estate investing advice, BRRR strategy, and DSCR loans
(1:07:00) Wholesaling, mentorship, and transitioning to full-time investing
(1:14:41) Future plans, market trends, and community focus
(1:21:32) Investor strategies, flipping challenges, and investment returns
(1:27:42) Deal sourcing, comparing investment locations, and tenant management
(1:31:18) Owner financing, rent-to-own strategies, and closing remarks