Multifamily Insights: A Scientist's Approach to Multifamily Investing with George Roberts, Ep. 360
Multifamily Insights: A Scientist's Approach to Multifamily Investing with George Roberts, Ep. 360
George Roberts is an award-winning data scientist as well as a published bioscientist. He is a founder of Walnut Grove Homes, and the principal at Horizon Multifamily, which sponsors value-add multifamily opportunities in the Southeast for qualified passive investors. Â
George is a General Partner (GP) on a 34 unit apartment near Knoxville, TN. He also owns a 14-unit apartment in Orlando, FL as a joint venture. In addition to his active multifamily investments, he is passively invested in 468 multifamily units in Jacksonville, Florida, and Houston, Texas.
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Let's dive in to learn more about George's shift from being a bioscientist to a real estate investor.
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[00:01 â 06:01] Opening SegmentÂ
- George talks about his background.
- Why George decided to go into real estate from the world of science.
- The story behind how he got into value-add real estate investing.Â
[06:01 â 12:50] Good Partners
- George talks about his latest deal.
- The importance of understanding how to find an opportunity.
- Why you should follow up.
- How finding units where rents havenât risen in the last three years can help you.
- George's criteria for a deal.
- How having good partners can help you grow.Â
- Why George prefers to invest in the Southeast region as opposed to his home state of Michigan.
[12:50 â 22:52] Ways to Network
- Why you should try multiple approaches to network.
- Why you should consider converting to multifamily.
- Where people focus first to start networking.
- George talks about his free e-book âMultifamily Investorâs Guide to Financial Freedomâ
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[22:52 â 28:21] Round of Insights
Apparent Failure:
Trying to make friends with everybody around the property
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Digital Resource:
Audible
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Most Recommended Book:
The Honey Bee
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Daily Habit:Â
Making lists
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#1 Insight for Multifamily Investing
When you incorporate your returns from your multifamily investments within your IRA, the returns are much sweeter.
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Best Place to Grab a Bite in Orlando:
Fogo de ChĂŁo
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Contact George:
To learn more go to horizonmultifamily.com. Reach out to George via email.
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Tweetable Quotes:
âWhen you walk into a place and things are a little off; if youâve got the right mind for that - thatâs the smell of moneyâ - George Roberts
âIf the right partners are in place, we can take down any deal.â - George Roberts
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