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  • Writer's pictureCole Farrell

MMM Recap - John Becker




If you missed the Multifamily Mastery Meetup this month (5/2), you missed great tips and tricks. This month we featured John Becker who spoke about his experience building his portfolio to triple digits.


John is an independent real estate investor and operator in four states.

He owns 100 rental units with no equity partners. John bought two high-value assets between 2011 and 2013 and worked a full-time job for many years. In 2022, he had the opportunity to scale up with one large transaction and is now full-time in real estate.


John talked about the challenges to scaling and that one of the most powerful metrics is paying attention to EQUITY. Specifically, your Return On Equity (ROE). This is a very powerful metric that is often overlooked which measures how well the equity in the property is performing.


As the property appreciates, it is wise to repurpose some of the equity rather than leave it in an asset.


Lessons Learned:

  1. Building a portfolio takes time

  2. There comes a point where you need to build a team rather than DIY

  3. Out-of-state investing relies on the team

  4. Treat your team well

  5. Be a part of things and opportunities will come

  6. There is no shortcut to success



What's coming up!?


THURSDAY June 6th @ 6:30 - TBD


Also...

  • Real Estate Moguls

  • Industry Professionals and Panels

  • More to come...




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