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It's never too late to start investing in Multifamily! with Ed Modzel on Episode 135 of APTOPR
Joining Joseph Gozlan, host of the Apartments Operators Podcast, Ed Modzel shares how he started his multifamily journey when he turned 60(!) showing that it's really never too late to start investing in multifamily.
00:00
08:25 Ed's Process of Hiring a Property Management Company
10:09 Why you really shouldn't move to the property you're managing!
11:40 The most successful properties that we have are ones that we self-manage
12:59 Self-Management saved us from the COVID downfall
15:59 Before you hire a manager, you should make sure that they buy into your business plan
18:52 How does Ed work with his management team
20:03 The magic of using charts
41:35 Advice to younger self
Ed Modzel's website:
https://www.gimmeshelterequity.com/
Episode 135 Show Notes: https://aptopr.com/episode-135-its-never-too-late-to-start-investing-in-multifamily-with-ed-modzel-apartments-operators-podcast/
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This is an episode of The Apartments Operators Podcast where you can learn from experienced operators what it really means to be apartments operators.
No fluff, no sugar coating, just the raw unfiltered truth of the ups and downs of operating multifamily communities.
Our host, Joseph Gozlan, is an experienced owner/operator and a multifamily broker living in Texas. We gathered a phenomenal group of operators for you that share not only the upside of a multifamily operator but also the downside, the challenges, and the surprises this business keeps coming up with.
------------------------SUBSCRIBE ----------------------------------------------------------
on iPhone: https://podcasts.apple.com/us/podcast/the-apartments-operators-podcast/id1519907176
on Android: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkLnBvZGJlYW4uY29tL2ViZy9mZWVkLnhtbA?sa=X&ved=0CAcQrrcFahcKEwiI2_OFn7P8AhUAAAAAHQAAAAAQCg
------------------------ LINKS ------------------------------------------------------------------
The Apartments Operators Podcast website: https://www.AptOpr.com
All The Apartments Operators Podcast Episodes on YouTube: https://www.youtube.com/watch?v=YIZzxCrT_fY&list=PL5SEY4gVQHKJXfy70oeq7f5AGm_m5VOf1
Eureka Business Group: https://www.ebgtx.com
EBG Creative:https://www.EBGCreative.com
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Tags: #realestate, #realestateagent, #realestateadvice, #realestatepodcast, #realestatebrokerpodcast, #multifamily, #realestateinvestment
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