MNS - 200 Units at 23 with Peter Pratti

Topics Covered Include: Why Peter switched from a career in the medical field to real estate. The importance of having the right peer group. How education was the key to scaling at such a young age   Peter’s Bio: Peter is originally from Long Island, New York and has been living in Knoxville Tennessee which is also where he is doing all of his investing.  Peter has been in real estate for over three years.  Halfway into college, he discovered real estate and began wholesaling houses to build up capital.  Peter did this in unison to attending college.    While wholesaling Peter and his partner began looking into multi-family acquisitions and began making offers on small apartment complexes.  They started off with a 7 unit, a 6 unit, followed shortly after by a 35 unit building.  All three were bought by using their own as well as our investors capital along with acquiring bank debt.   They tacked on another 20 units and within about 14 months we had a portfolio worth 4.5 to 5 million dollars.    Peter also just recently purchased a portfolio of mobile home parks (174 lots total) for 4.5 million.  He hopes to hold this property for many years. We're here to help create real estate entrepreneurs...  About Jake & Gino: Jake & Gino are multifamily investors, operators, and owners who have created a vertically integrated real estate company. They control over $350M in assets under management. Connect with Jake & Gino here --> https://jakeandgino.com. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.