Bust the Myth of Multi-Family Rental Properties

Released Thursday, 23rd July 2020

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Bust the Myth of Multi-Family Rental Properties

Thursday, 23rd July 2020

Good episode? Give it some love!

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Anthony Scandariato of Red Knight Properties looks at the potential for multi-family rentals beyond the pandemic. Take steps to get educated, find a mentor, and define your role to bust the idea that you need a ton of money to begin in apartment building investments.

SHOW NOTES

1:05 - Introducing Anthony and some of his background with Red Knight Properties.

1:56 - What Anthony’s experience during the coronavirus pandemic has been.

4:15 - What he thinks the multi-family residential rental business will look like in the next 6 - 12 months.

6:40 - The lessons Anthony’s learned about managing rental properties.

8:24 - The kinds of projects he’s typically looking for and how that affects the property management decisions.

10:13 - How the value-add business model works and some of Anthony’s investment criteria.

11:17 - Details on what Anthony’s role in his company is and how they work with investors.

12:51 - How he sees the current situation compared to the recession of 2008.

14:12 - Anthony’s advice for getting into rentals as an investment class.

15:51 - One of the biggest myths in the industry that he’s identified.

17:08 - Something he wishes he’d known when he was starting out.