EPISODE · Feb 21, 2024 · 26 MIN
SA894 | Heavy Value Add, Construction, and Buy & Hold with Joseph Cornwell
from How Did They Do It? Real Estate · host Seyla and Aileen Prak
From being a full-time police officer to an investor, Joseph Cornwell shares his journey of achieving financial stability starting from rehabbing one single-family property.This episode covers performing value add to an investment property, valuable ideas when hiring a contractor, buying and holding properties, and the ideal partner that will help you scale and grow in real estate.Key Points & Relevant TopicsFactors that motivated Joseph to invest in real estateWhy Joseph decided to start a general contracting businessJuggling a full-time job with real estate investing and other businessesWhat does “heavy value add” mean in real estateThings investors must be looking for and expect from a contractorJoseph’s transition from single-family to larger and mid-sized multifamily Having the right business partner and building relationshipsBiggest challenge of scaling to larger multifamily dealsThe key to succeeding in real estate despite having mistakesResources & LinksApartment Syndication Due Diligence Checklist for Passive InvestorAbout Joseph CornwellJoseph was a full-time police officer based in Cincinnati, Ohio from 2011-2021. He began real estate investing in 2016, got his real estate license and started buying small multi-families, duplex, 4plex, etc. He began a general contracting business in 2018 and scaled his businesses and portfolio until he was financially free in 2021. He now has 125 units in 13 properties ranging from single families to 40 units valued around 8MM. He sells around 8MM annually in investment property, and they do around 2MM a year in the general contracting business. Get in Touch with JosephFacebook: Realty One StopFacebookPrivate Group: Realty One Stop MastermindInstagram: @joecornwellreLinkedIn: Joseph CornwellTo Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!
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From being a full-time police officer to an investor, Joseph Cornwell shares his journey of achieving financial stability starting from rehabbing one single-family property. This episode covers performing value add to an investment property, valuable ideas when hiring a contractor, buying and holding properties, and the ideal partner that will help you scale and grow in real estate. Key Points & Relevant Topics Factors that motivated Joseph to invest in real estateWhy Joseph decided to s...
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SA894 | Heavy Value Add, Construction, and Buy & Hold with Joseph Cornwell
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