RPP - Learning Your Way to 3,000+ Units with Chris Grenzig

Dylan Marma interviews Chris Grenzig who is the Asset Manager for Toro Real Estate Partners.  Stick to your underwriting and your numbers and deals will follow  Scale responsibility, don’t feel you have to jump to large units Builds confidence with investors, brokers, and the rest of the team Chris started with an 8 unit property and is now looking at 300+ unit deals Partnerships allow you to earn and accelerate the learning curve Have one clear focus  Make sure the deal is the correct fit based on your investing criteria “Pain + Reflection = Progress” - Ray Dalio When a deal is underperforming be transparent and honest Continue “Trial & Error” to find the niche that you love about real estate Don’t dwell because it inhibits your growth going forward Find a way to give back to the community because it provides a bigger why and impact on your day-to-day life “Teaching is the highest form of learning” Dylan Marma Always continue to learn and ask questions Vetting Property Managers What is their track record? Are they in the same market you are investing in? Make sure property managers understand the business plan How flexible is the management team? Asking investors referrals for property managers Expert Tip: Weigh the downside of a property    Contact Information: Instagram: @Chris.Grenzig [email protected]   Invest with Rand Partners  Follow Us on Linkedin @Randpartners Follow Us on Instagram @Randpartners Follow Us on Facebook @Randpartners

Episode 115 of the Jake & Gino: Real Estate Investing & Multifamily podcast, hosted by Mike and Dylan, titled "RPP - Learning Your Way to 3,000+ Units with Chris Grenzig" was published on October 30, 2019 and runs 66 minutes.

October 30, 2019 ·66m · Jake & Gino: Real Estate Investing & Multifamily

Summary

Dylan Marma interviews Chris Grenzig who is the Asset Manager for Toro Real Estate Partners.  Stick to your underwriting and your numbers and deals will follow  Scale responsibility, don’t feel you have to jump to large units Builds confidence with investors, brokers, and the rest of the team Chris started with an 8 unit property and is now looking at 300+ unit deals Partnerships allow you to earn and accelerate the learning curve Have one clear focus  Make sure the deal is the correct fit based on your investing criteria “Pain + Reflection = Progress” - Ray Dalio When a deal is underperforming be transparent and honest Continue “Trial & Error” to find the niche that you love about real estate Don’t dwell because it inhibits your growth going forward Find a way to give back to the community because it provides a bigger why and impact on your day-to-day life “Teaching is the highest form of learning” Dylan Marma Always continue to learn and ask questions Vetting Property Managers What is their track record? Are they in the same market you are investing in? Make sure property managers understand the business plan How flexible is the management team? Asking investors referrals for property managers Expert Tip: Weigh the downside of a property    Contact Information: Instagram: @Chris.Grenzig [email protected]   Invest with Rand Partners  Follow Us on Linkedin @Randpartners Follow Us on Instagram @Randpartners Follow Us on Facebook @Randpartners

Episode Description