Optimal Passive Income Investment Strategies with Jorge Abreu - E15 - Infinite Cashflow Podcast

Infinite Cashflow Podcast

Welcome to the Infinite Cashflow Podcast! In this latest episode, Carlos Salguero sits down with special guest Jorge Abreu, a seasoned real estate investor. Together, they delve into Jorge's experiences, from his transition from corporate America to smaller real estate ventures and the lessons learned along the way, to his impactful foray into multifamily syndication, where he oversees a staggering 8,000 multifamily doors.

Jorge Abreu studied to be an Electrical Engineer, but knew he wanted to own his own business. After learning about successful individuals who built their wealth through real estate, he began researching how to invest in real estate. Juggling a massive portfolio of single family houses was extremely time consuming. Jorge ultimately wanted passive income, not another job, which is why he shifted his focus to large, commercial apartment communities. This allowed Jorge to focus on what mattered most – spending more time with his family. Through trial and error, he learned the ins and outs of the real estate industry and eventually became a successful real estate entrepreneur.

With insights into raising capital, managing properties, and navigating challenging deals, Jorge and Carlos offer invaluable knowledge to aspiring and seasoned investors alike. Tune in as they discuss it all, from positioning oneself in the market to managing the multifaceted world of real estate investments.

Valuable Insights

Multifamily Syndications Success:

Jorge Abreu shares how his net worth increased from single-digit millions to over 40 million

Navigating Economic Challenges:

Abreu discusses challenges faced with COVID and how economic conditions, including rate hikes and inflation, impact multifamily owners.

Transitioning to Self-Managing Properties:

Discussion on the challenges and process of transitioning to self-managing multifamily properties and convincing lenders and partners.

Resources

Carlos Instagram: https://www.instagram.com/iamcarlos10x/?hl=en

Book a podcast with Carlos: https://infinitecashflow.com/book-podcast

For more information about the Infinite Cashflow Podcast: https://infinitecashflow.com/podcast

Infinite Cashflow Academy: https://academy.infinitecashflow.com/

Jorge Abreu

Website: https://elevatecig.com/

Email: [email protected]

Time Stamps

00:00 Miami-born Cuban with engineering background turned entrepreneur.

05:13 Transition from UPS to successful real estate investor.

14:01 Discussing starting small, execution and management strategies.

16:54 Gain experience, partner with experts.

25:32 Understanding the role of a general partner.

29:20 Starting in-house management due to frustration.

36:20 Focused on multifamily real estate after diversifying.

38:57 Investments, COVID challenges, technology implementation success.

44:10 Persistence and financial risk in real estate.

49:57 Thorough vetting of potential business partners.

57:13 Raising equity is a challenging, systematic process.

59:04 Equity raising challenge leads to action.

01:04:33 Assistant and VA help with admin tasks.