NPR's top stories about business, money, Wall Street, companies and the economy that you can't miss. Subscribe to the Business Story of the Day RSS feed.
Manage episode 299483994 series 2391190
By Eric Odum, Steven Silverman, Eric Odum, and Steven Silverman. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
The multifamily market is hot everywhere, but especially in Florida, and it can be difficult to find good deals with the current cap rate situation and fierce competition. Today we talk with Vehano Joseph about his strategies to finding good multifamily deals in Florida. Key Discussion Points [00:58] Opening remarks by Eric Odum & Steven Silverman [03:38] About our guest: Vehano Joseph [05:40] What's your background and how did you get into real estate? [10:26] What do you look for in acquiring a property? [12:46] What parts of Florida do you like and dislike for real estate? [17:14] What cap rates are you seeing that enable you to acquire properties? [19:24] Tell us about your syndication deals, and any tips you can provide [21:08] Where do you investors come from? Mostly U.S.? [22:06] Do you farm out your property management? [23:44] Moving forward, is your strategy to go into more of the urban tupe environments? [25:08] Do you investors invest in the portfolio or in individual assets? [26:15] Are you utilizing brokers? [28:20] How do you get brokers to pay attention to you? [33:26] How can folks reach you? [35:05] Closing comments by Eric & Steven