Interested in learning about a strategy that can be extremely lucrative?
Well, keep reading, Moguls…
Jason Lucchesi here with a fascinating lesson. See, I’ve been thinking about the various strategies that can be used for investing, and I was talking with a friend (a fellow investor), who deals in apartments.
The information he shared with me was very helpful and actionable. It occurred to me that you could learn a lot from it as well.
Of course, as many of you already know, landlording single-family homes will always be a great strategy, but that strategy is very different from investing in apartments – multifamily units and buildings.
Let’s take a look at both options...
Investing in Single-Family Homes
Pros
- Single-family homes are more affordable. You can easily get a good cash-flowing property for under $100k.
- It’s possible to cash flow a few hundred dollars every month.
…
Jason Lucchesi
Jason Lucchesi is the co-founder of real estate and marketing company Global Fortune Solutions, LLC. Jason has been in the real estate industry since 2002, where he began his career as a Loan Officer. His career flourished in the mortgage business when he accepted an Account Executive position with Countrywide in 2004. Within his first six months, he had achieved the #1 Account Executive in the Midwest territory. In January of 2006. During this time, Jason began investing part-time in multi-family rental properties while also becoming involved in wholesaling. By 2006, Jason was transferred to the Indianapolis area to save a struggling branch. He quickly took the branch out of the red into the green while also beginning to purchase distressed residential properties part-time. In 2007, Jason began pursuing his ultimate dream of becoming a full-time real estate investor and began investing in REOs in 2008. Since then, Jason has been involved with many aspects of real estate including short sales, tax sales/deeds purchasing, purchasing homes in distress, wholesaling, and many other avenues. Jason has been married to his wonderful wife Jamie since 2007, and they are proud parents to their sons Brady and Gavin.