JF2539: 100% Returns in 35 Months with Jimmy Edwards #SkillsetSunday

Jimmy Edwards just closed his first full cycle deal in his college town, giving 100% returns in just 35 months. Today we’re getting down to the numbers and learning his exact step-by-step process for successful rehabbing and rebranding. Jimmy shares what he told investors when he found out how poor conditions actually were, 6 key things he did to let the community know there’s new ownership, and how he knew it was time to sell. 

Jimmy Edwards Real Estate Background: 

• Previous episode: JF1421
• Just closed on first full cycle deal - 2x multiple in 35 months, purchased at 50% occupancy, decreased to 38% occupancy, sold at 92%
• Full time multifamily investor
• Invested in 570 units
• Purchased, rehabbed, and successfully sold over 100 SFRs
• Based in Dallas, TX
• Say hi to him at: www.HighFiveMultifamily.com

 

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