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Ep10 Juan Vargas: The Details of Multifamily Acquisitions

May 04, 2020
XN STATE
Ep10 Juan Vargas: The Details of Multifamily Acquisitions
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XN STATE
Ep10 Juan Vargas: The Details of Multifamily Acquisitions
May 04, 2020

Ten years ago, Juan Vargas was working at a BMW dealership in Houston, he had a wife, two young kids and felt that he was not spending nearly enough time with them as he should. And that’s when he decided to turn to real estate. 

Today, through his company GenWealth Capital Group, Juan oversees the operations of over 700 units and is an equity partner in over 1,500 units. 

In our interview we discuss: 

  • Exactly why multifamily often makes more sense than investing in single family. 
  • The process of acquiring an out-of-state property, and how to start from zero in a new market. 
  • And we go into some pretty specific aspects of the multifamily investing process, such as what banks want to see in a borrower in order to get comfortable with making a loan. 

You can find out more about Juan through his Commit To Wealth podcast, his all-Spanish podcast El Cashflow Café, as well as by e-mail at juan@genwealthcapital.com. 

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Show Notes

Ten years ago, Juan Vargas was working at a BMW dealership in Houston, he had a wife, two young kids and felt that he was not spending nearly enough time with them as he should. And that’s when he decided to turn to real estate. 

Today, through his company GenWealth Capital Group, Juan oversees the operations of over 700 units and is an equity partner in over 1,500 units. 

In our interview we discuss: 

  • Exactly why multifamily often makes more sense than investing in single family. 
  • The process of acquiring an out-of-state property, and how to start from zero in a new market. 
  • And we go into some pretty specific aspects of the multifamily investing process, such as what banks want to see in a borrower in order to get comfortable with making a loan. 

You can find out more about Juan through his Commit To Wealth podcast, his all-Spanish podcast El Cashflow Café, as well as by e-mail at juan@genwealthcapital.com.