SA658 | From Single-Family to Multifamily: Establishing A Multi-Million Dollar Portfolio with Abbas Mohammed

Investing can be challenging and rewarding at the same time, and today we’ll hear Abbas Mohammed's story about successfully establishing a real estate business. He’ll also talk about the importance of understanding REI at a deeper level and being conservative in today’s market, so be sure not to miss this episode.Key Takeaways to Listen forElements that can help you expand your businessChallenges and rewards of investing in multifamily real estateAdvantages of having a business partner with asset management expertiseThe importance of preparing for RE investment and acquisition opportunities Key reasons to get conservative real estate loansResources Mentioned in This EpisodeFree Apartment Syndication Due Diligence Checklist for Passive Investor If you want to connect with Abbas and learn more about their deal flow, create your investor’s account for FREE by visiting: https://modelequity.com/invest-now/.About Abbas MohammedAbbas was born and raised in Iraq. Abbas recalls sleeping on concrete floors growing up because his family couldn’t afford to buy beds. He came to the US at 11 and, years later, decided to get into Real Estate at 18, paying for his start-up costs on a $5,000 credit card he had at the time. After spending an entire year making thousands and thousands of cold calls a day to generate clients, Abbas got his first listing in the Bay Area as an agent and, within a year after that, became one of the top-producing agents in the bay area.He became one of the top 50 agents nationwide with RE/MAX in less than 5 years of business. Wanting to invest his business cash flow, he decided to invest in Multifamily Apartments. Within a year, Abbas invested over 1500 apartments in top-performing locations. He also exited his real estate sales business and went full-time into running Model Equity with the mission to reach $1 billion in assets under management in the next 5 years alongside investors.Connect with AbbasWebsite: Model EquityTo Connect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams