EPISODE · Apr 24, 2021 · 46 MIN
Ep 67: [Onaje Barnes] Apartment Investing , Laundry Mats, Vending Machines While at a 9 to 5
from The Deal Pro Podcast with Jamel Gibbs · host Jamel Gibbs
On this podcast episode, Onaje Barnes and I will share some tips on apartment investing for beginners. Onaje will talk about how he grew his business using the BRRRR strategy in order to be able to buy his first apartment building. We'll also discuss how he created multiple streams of income from the apartment building as well. Check it out! Timeline: 0:00 Prelude 0:35 Introduction 3:00 About Onaje Barnes 8:08 What did you do with the initial refi-cashout money? 9:01 Did you use a HELOC? 11:33 How did you get into the BRRRR strategy? 13:23 How did you make the money grow? 16:32 Do you agree that you make money when you buy and hold? 18:22 Did you refi-cashout the discounted property as well? 22:42 How did you get the first multiunit property? 26:49 How did you get into the laundry mat business? 28:38 What did you do with the additional space? 37:18 How to contact Onaje Barnes? 40:33 Recommended Reading 44:47 Last words from Onaje Barnes 45:23 Closing comments
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Ep 67: [Onaje Barnes] Apartment Investing , Laundry Mats, Vending Machines While at a 9 to 5
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