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Investing in the multifamily strategy can have its ups and downs and it is very much a relationship-driven strategy. You need to have locals on your side such as a real estate agent, a property manager and even an inspector who can point you in the right direction to off-market deals. This week’s guest, Zeshan Choudhry, Real Estate Investor, provides tips and advice on how to wisely invest in multi-family units. He will also share how he scaled from single-family units to multi-family units with a total of 40 units in only a few short years. The biggest takeaway is to think outside of the box in order to increase rents.
Guest: Zeshan Choudhry, Real Estate Investor
Investing in the multifamily strategy can have its ups and downs and it is very much a relationship-driven strategy. You need to have locals on your side such as a real estate agent, a property manager and even an inspector who can point you in the right direction to off-market deals. This week’s guest, Zeshan Choudhry, Real Estate Investor, provides tips and advice on how to wisely invest in multi-family units. He will also share how he scaled from single-family units to multi-family units with a total of 40 units in only a few short years. The biggest takeaway is to think outside of the box in order to increase rents.
Zeshan Choudhry is originally from Toronto, Ontario and has been actively investing in Windsor, Ontario since 2016. He moved to Windsor to be closer to his properties and he went from single-family rentals to gradually transition to investing in multi-family properties of 6-12 units +. Fast forward to today, he now has a total of 40 units in just a few short years. Zeshan self-manages his units and also manages some other portfolios as well.
The main reason that Zeshan decided to turn to the multi-family strategy is that the properties are valued as a business rather than on comps. Also, occupancy is a big advantage where the more units you have, the better.
Zeshan has experience in the US with fix/flips and buy and holds. He is also an investor in an apartment syndication in Houston, TX.
In this episode you will learn about:
– Biggest differences in the multi-family strategy
– Tips on how to find and get properties under contract
– Advice on processes and procedures to have in place
– How long does it take to fill a vacancy in Windsor?
– Why invest in Windsor?
– Things to look for in tenant screening
– Other tips and advice for multi-family investing
Get in touch with Zeshan:
Instagram: https://www.instagram.com/zeshanchoudhry/
This episode has been brought to you in part by:
Dalia Barsoum at Streetwise Mortgage – https://streetwisemortgages.com/
Jon Tenbrinke of Black Jack Contracting – https://blackjackcontractinginc.ca/
Susan Corcoran & Sue Ore of Complete Properties Inc – https://www.completepropertiesinc.com/
