🔥 On this Real Estate Hustlers Podcast episode, we will be talking with Eddie Austin a Serial Entrepreneur / Real Estate Fund Coach. Eddie, is a serial entrepreneur, visionary, & CEO of JE Capital. Eddie has had numerous role models, mentors, and business experiences that helped him understand the importance of recognizing profit opportunities in changing markets. He has developed a bold, vision for a new type of real estate company which will use changes in the multifamily real estate market, and an innovative capital structure to drive profitability and aggressive growth. Eddie’s focus is to build companies with better values. With this drive, he is building companies that give back and offer great returns to investors. Eddie believes in doing the things that give you chills through hard work, excitement, and interactions. All while studying the growing real estate market in different areas of the country and discovering new ways to build a better real estate investment company. After eight years of studying and taking the proper steps forward, Eddie and Jennifer launched their first real estate investment Fund.

What actionable value will our listeners get out of this episode?

To give Value & Education
Ideas for JE capital are shaped by mentors and business experiences.
Eddie Austin's potential without a W2 job
The advantages of joint venture partnership
The disadvantages of syndication
The idea, the hope is for that split to kind of equalize because that's an alignment of interest
How to accumulate the eight preps until it's, April to be paid? Or do you wait until it's deployed?
Challenges faced in the real estate industry and how have overcome
Retainment of tenants
The difference in common structure compared to a syndication

Key Takeaways:

“And on our next fund, we're gonna do more of a fund-to-fund model to where we can provide pre-equity and, opportunities to people that need equity right away. So those properties with cash flow almost, you know, within the first day of closing you. “ Eddie Austin

“So, we've faced many challenges, but having the right people on your team that can help you with underwriting, um, help you with debt, you know, sourcing debt, um, we're all out here looking for money and deals, you know, that that's our number one. “ Eddie Austin

“So I guess first I would give someone, read Rich Dad, poor Dad, and then don't stop there. Keep reading, get on YouTube, man. YouTube the day is, you know, this is probably gonna go on YouTube. Find one of these real estate meetups on Facebook and go there and just collaborate with people. I guess the big advice I'd give to somebody, Is when you find a good mentor, someone that you feel like you wanna model after, ask them how you can add value to them. Yeah. And most likely it's gonna be for free.” Eddie Austin

“A syndication you're raising and you're building money up in your escrow to be able to close on closing day. With a fund, you might have.” Eddie Austin

Connect with Eddie Austin:

Facebook: eddieaustinbex

Linkedin: Eddie Austin

Connect with Josh Appelman:

Facebook: https://www.facebook.com/josh.appelman.108/

Facebook group: https://www.facebook.com/groups/realestatehustler

Linked in: https://www.linkedin.com/in/josh-e-appelman-97767973/

Website: https://www.appelmanproperties.com/

Real Estate Fund vs. Syndication With Eddie Austin | Episode 14

Real Estate Hustlers with Josh Appelman