Buying Miami | Life, Love, and Real Estate 

Season 2 – Episode 4 – Sofia Castro

With Host JoAnne Jones @joannejonesmiami

In this episode, JoAnne sits down to talk with long-time friend Sofia Castro about mindset. Sofia, her husband, and their family created and grew a company to a one-billion-dollar valuation before selling their part to focus fully on their real estate portfolio. Today, she oversees a $750 million dollar multifamily real estate portfolio. 

However, nothing was handed to them. Hailing from Hialeah, Florida, she and Bobby, her husband of over 30 years, started from nothing, less than nothing, when they borrowed a couple thousand dollars to start their business lending company back in the nineties. Times were tough! They worked two jobs while raising a young family. However, with grit and perseverance, they grew into millionaires. 

What I admire about Sofia and Bobby is their down-to-earth disposition. They are not flashy; rather, they are elegantly understated. In a society where people love to flaunt what they have, they quietly stack and rack, as she likes to say. 

In this episode, we peek into the mindset of an ultra-successful person to learn that what she has done is possible with the right mindset. 

Find Sofia on Social Media with @officialsofiacastro

Follow me on Social Media; my handle everywhere is @joannejonesmiami

Check out my book on Amazon, "Buying Miami: The Must-Have Guide To Purchasing A Home"

https://www.amazon.com/dp/B0B5CJQLV6/ref=cm_sw_em_r_mt_dp_3A5S2QV66RR5CW2T0SE3 

Links:

Watch on YouTube

https://www.youtube.com/channel/UCJgImDG6MoL1NKF_381W3Vw

Listen on Spotify

https://open.spotify.com/show/3mMHnnBfP8veBULDdbAC6x

Listen on Apple

https://podcasts.apple.com/us/podcast/buying-miami-life-love-and-real-estate/id1677024323

In a recent conversation with JoAnne, we explored the exceptional investment opportunities provided by Astor Realty Capital. This company excels in offering investors access to institutional opportunities across a wide range of geographic locations and asset classes, enabling them to construct a well-balanced and diversified portfolio. Astor has a proven track record of consistently surpassing expectations and delivering superior risk-adjusted returns.

JoAnne's conversation with Joe Berko and Marika Dzhindzhikashvili of Astor Realty Capital shed light on how the company provides investors with access to investments that are often exclusive to institutional investors. Astor has developed an investment platform firmly rooted in iron-clad principles, emphasizing the preservation of capital, transparency, and effective risk management.

JoAnne was particularly impressed by the fact that the principals at Astor invest their own money alongside their investors in every transaction. This commitment to alignment of interests is at the core of Astor's mission, which is to be a trusted, collaborative, and long-term partner for their clients. It was this unique aspect that drew JoAnne to the company as she sought alternative investment opportunities outside of the traditional real estate sector.

Astor's distinctive offering allows individuals to invest an amount equivalent to a down payment on a typical real estate transaction into a fund primarily supporting multifamily building projects. These investments typically have a holding period ranging from 2 to 5 years.

Find out more about Astor Realty Capital by visiting (www.astorrealtycapital.com)

Follow me on Social Media; my handle everywhere is @joannejonesmiami

Check out my book on Amazon, "Buying Miami: The Must-Have Guide To Purchasing A Home"

https://www.amazon.com/dp/B0B5CJQLV6/ref=cm_sw_em_r_mt_dp_3A5S2QV66RR5CW2T0SE3 

Links:

Watch on YouTube

https://www.youtube.com/channel/UCJgImDG6MoL1NKF_381W3Vw

Listen on Spotify

https://open.spotify.com/show/3mMHnnBfP8veBULDdbAC6x

Listen on Apple

https://podcasts.apple.com/us/podcast/buying-miami-life-love-and-real-estate/id1677024323

In episode two of season two, JoAnne talks to Christopher Tapia, who is a very interesting colleague at Compass who brought an exciting concept to her attention. In this episode, they discuss the retro concept around assumable mortgages. We break down how a buyer can assume a seller’s mortgage at a lower interest rate. Given the current atmosphere of high-interest rates, many buyers are priced out of the game. Acquiring a property with an assumable mortgage could bring buyers off the sidelines and make homeownership possible. But how is this done? Listen on and learn how you can do this with our help. 

Every day JoAnne is looking outside the box for ways to navigate real estate in this ever-changing landscape. How can buyers buy with high-interest rates? Assumable mortgages are a possibility that many people do not know about. In this episode, we break it all down. 

If you are interested in learning more about how to acquire a property with an assumable mortgage reach out to JoAnne. 

Find Christopher Tapia at www.tapiagroupfl.com

Follow me on Social Media; my handle everywhere is @joannejonesmiami

Check out my book on Amazon "Buying Miami: The Must-Have Guide To Purchasing A Home"

https://www.amazon.com/dp/B0B5CJQLV6/ref=cm_sw_em_r_mt_dp_3A5S2QV66RR5CW2T0SE3 

Links:

Watch on YouTube

https://www.youtube.com/channel/UCJgImDG6MoL1NKF_381W3Vw

Listen on Spotify

https://open.spotify.com/show/3mMHnnBfP8veBULDdbAC6x

Listen on Apple

https://podcasts.apple.com/us/podcast/buying-miami-life-love-and-real-estate/id1677024323