Michael Margarella (Nextplay Investments): From Law To Real Estate, Unlocking Your Hidden Talents To Level Up & Benefits Of Self Storage + 20% Discount Strategy

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Michael Margarella from Nextplay Investments discusses his background in law and how he transitioned into real estate investing He shares his experience in flipping residential properties and eventually moving into commercial real estate specifically self-storage and multifamily Michael emphasizes the importance of education and networking in overcoming the challenges of entering the real estate industry He also discusses the process of raising private capital and syndicating deals In terms of asset analysis Michael explains the 20 discount strategy and the importance of understanding expenses and income projections He also touches on the management of self-storage and multifamily properties including the use of in-house management for self-storage and third-party property management for multifamily Keywords real estate investing self-storage multifamily flipping commercial real estate private capital syndication asset analysis property management Takeaways Education and networking are crucial for entering the real estate industry Raising private capital and syndicating deals can help scale real estate investments Analyzing assets involves understanding expenses income projections and aiming for a 20 discount Self-storage properties offer diversification and can be more recession-resistant In-house management can be effective for self-storage while third-party property management is common for multifamily Titles The Benefits of Investing in Self-Storage Analyzing Assets The 20 Discount Strategy Sound Bites When COVID hit in 2020 I think it reset a lot of folks expectations including my own as to what safe income looks like You do a deal you do a couple deals and all of a sudden you know I don t want to say you don t have to do anything because that s just not true But if you put in the effort and you re doing and you re moving forward whether that s through deals or otherwise there s just a lot of things that start to line up At its highest level basically what we re trying to do is buy properties for a 20 discount Michael Margarella Website hthttps www nextplayinvestments com tps securedinvestmentcorp com Instagram https www instagram com nextplayrei Investories YouTube https www youtube com investoriespodcast7744 Instagram https www instagram com investoriespod Email investoriespodcast gmail com John Instagram https www instagram com hoopeezy hl en Airbnb https airbnb com h ponderosapinehaus Click here to visit this podcast episode