EP46: Converting A Partially Finished Mixed-Use Building To Multifamily Apartments With Larry Kolster

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Larry Kolster joins us in today s episode to discuss the importance of open-mindedness and adaptability in real estate investing He ll also emphasize the significance of exercising caution and skillfully executing strategies when shifting gears in the real estate business to achieve success Tune in to learn how a property can be a profitable venture Key takeaways to listen for Differences between a joint venture and syndication Challenges in converting a mixed-use property to multifamily Importance of understanding real estate deal flow How long does it usually take to break even after buying a property Best practices to rapidly grow in the real estate space Resources mentioned in this episode RE Mentor Mentorship Community Never Eat Alone Expanded and Updated by Keith Ferrazzi and Tahl Raz Kindle and Hardcover Relationship Marketing by Regis Mckenna Paperback and Hardcover ReIndicator Never Split the Difference by Chris Voss and Tahl Raz Kindle Paperback and Hardcover Secrets of the Millionaire Mind by T Harv Eker Kindle Paperback and Hardcover About Larry Kolster Larry is working in commercial real estate focusing on apartment complexes He participates in acquiring class C apartment buildings built in the 1970s and 1980s with a value add opportunity They purchase underperforming units at a substantial discount and provide superior property management and updates to maximize value Then they resell the properties after 3-7 years of hold He and his team allow passive investors to partner with them by creating syndications enabling tremendous returns for those who invest with them Connect with Larry Website QMJ Properties LinkedIn Larry Kolster CONNECT WITH US Learn from an expert group of seasoned investors and advisers in the real estate investing business by visiting our website at https rementor com Join the largest networking event Ultimate Partnering https bit ly 3xX8GLt Get access to our FREE 5-Part Video Series and discover how you could retire In 3-5 Years by investing in apartments https bit ly 3iTszPq Apply for our Mentorship Program https bit ly 3zvWYcN Subscribe to our YouTube Channel https bit ly 3zeuK5k Contact Us https bit ly 3yYAUHc Click here to visit this podcast episode