• Michael Margarella (Nextplay Investments): From Law to Real Estate, Unlocking Your Hidden Talents to Level Up & Benefits of Self Storage + 20% Discount Strategy

  • May 7 2024
  • Duración: 34 m
  • Podcast

Michael Margarella (Nextplay Investments): From Law to Real Estate, Unlocking Your Hidden Talents to Level Up & Benefits of Self Storage + 20% Discount Strategy  Por  arte de portada

Michael Margarella (Nextplay Investments): From Law to Real Estate, Unlocking Your Hidden Talents to Level Up & Benefits of Self Storage + 20% Discount Strategy

  • Resumen

  • Michael Margarella from Nextplay Investments discusses his background in law and how he transitioned into real estate investing. He shares his experience in flipping residential properties and eventually moving into commercial real estate, specifically self-storage and multifamily. Michael emphasizes the importance of education and networking in overcoming the challenges of entering the real estate industry. He also discusses the process of raising private capital and syndicating deals. In terms of asset analysis, Michael explains the 20% discount strategy and the importance of understanding expenses and income projections. He also touches on the management of self-storage and multifamily properties, including the use of in-house management for self-storage and third-party property management for multifamily. Keywords real estate investing, self-storage, multifamily, flipping, commercial real estate, private capital, syndication, asset analysis, property management Takeaways
    • Education and networking are crucial for entering the real estate industry
    • Raising private capital and syndicating deals can help scale real estate investments
    • Analyzing assets involves understanding expenses, income projections, and aiming for a 20% discount
    • Self-storage properties offer diversification and can be more recession-resistant
    • In-house management can be effective for self-storage, while third-party property management is common for multifamily
    Titles
    • The Benefits of Investing in Self-Storage
    • Analyzing Assets: The 20% Discount Strategy
    Sound Bites
    • "When COVID hit in 2020, I think it reset a lot of folks' expectations, including my own, as to what safe income looks like."
    • "You do a deal, you do a couple deals, and all of a sudden, you know, I don't want to say you don't have to do anything, because that's just not true. But if you put in the effort and you're doing, and you're moving forward, whether that's through deals or otherwise, there's just a lot of things that start to line up."
    • "At its highest level, basically what we're trying to do is buy properties for a 20% discount."

    Michael Margarella

    • Website: hthttps://www.nextplayinvestments.com/tps://securedinvestmentcorp.com/
    • Instagram: https://www.instagram.com/nextplayrei

    Investories:

    • YouTube: https://www.youtube.com/@investoriespodcast7744
    • Instagram: https://www.instagram.com/investoriespod/
    • Email: investoriespodcast@gmail.com

    John:

    • Instagram: https://www.instagram.com/hoopeezy/?hl=en
    • Airbnb: https://airbnb.com/h/ponderosapinehaus
    Más Menos
activate_primeday_promo_in_buybox_DT

Lo que los oyentes dicen sobre Michael Margarella (Nextplay Investments): From Law to Real Estate, Unlocking Your Hidden Talents to Level Up & Benefits of Self Storage + 20% Discount Strategy

Calificaciones medias de los clientes

Reseñas - Selecciona las pestañas a continuación para cambiar el origen de las reseñas.