JF1701: We Sold Another Deal! Lessons Learned From Taking Another Deal Full Cycle with Frank and Joe

Frank has been on before, both to share his Best Ever Advice, and also to discuss another deal that Ashcroft (Joe and Frank's apartment syndication company) took full cycle. We’ll hear why they bought the property at a time most investors were not optimistic about the market the property was in. They tell us about the business plan, and how it actually unfolded. This was only Ashcroft’s second property purchase, so a lot of learning opportunities along the way! Take their lessons learned with this deal, and apply them to your business, without having to suffer through the trials yourself. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“We could have done a better job with our lease audit, unit walks, and really getting to know the extent of the demographic around us” - Frank

Frank Roessler Real Estate Background:

 

• Founder of Ashcroft Capital
• Has overseen the acquisition of over $700,000,000 of institutional quality multifamily investments
• Based in NYC
• Say hi to him at ashcroftcapital.com
• Previous case study:
• • JF1645: We Completed A Business Plan & Sold A Deal – Here Are The Details – with Frank and Joe
• Frank’s Best Ever Advice:
• • JF810: When Mother Nature DESTROYS Your Property, What Do You Do? #SkillsetSunday

How great would it be to buy a piece of institutional-quality, income-producing commercial buildings?  Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it!

Start investing with as little as $500 at https://www.buybits.us/