Even when Steve was trading commodities, his passion was multifamily real estate. When he got his shot with Berkadia, he persevered and demonstrated grit and determination through over a year of no deals. In this episode, we dive into how exactly Steve built his business even through those tough times. We’ll explore his thoughts on hustle and his passion to always act in the best interest of his clients.
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Important Highlights:
0:55 – How Steve began in real estate
10:45 – What types of deals did Steve start out doing vs the deals now
12:46 – Mistakes that new investors make
13:54 – What are the most successful investors doing today
14:40 – Hot areas in Birmingham to invest in
16:34 – Investing mindsets for single-family -> small multi-family -> large multi-family
18:37 – Tips for new investors in multi-family real estate
21:23 – The Closing process + issues to be prepared for
23:01 – The market in a COVID world – Is it a good time to invest?
24:52 – Collections in the apartment world during COVID