EP.63 Transforming C-Class Properties into Profit: Ed Mathews’ Approach in Multifamily Real Estate
Transforming C-Class Properties into Profit: Ed Mathews’ Approach in Multifamily Real Estate
Welcome to another episode of The W2 Prison Break Show where our host Brian O’Neill sits down with real estate expert Ed Mathews to discuss the secrets of success in the multifamily real estate business. From flipping houses to managing large construction projects, Ed shares his journey and the lessons he's learned along the way. Whether you're a seasoned investor or just starting out, this episode is packed with valuable insights that can help you take your real estate business to the next level.
Ed Mathews opens up about his unique approach to property management, emphasizing the importance of treating residents with respect and humanity. He shares his strategies for buying value-add C class properties and transforming them into profitable investments. With a goal of 1000 units by 2025, Ed's expansion into other regions and focus on class B properties offers a fascinating look into the world of real estate investment.
What you will learn in this episode:
- Humanity in Property Management: Ed's philosophy of treating residents as human beings, not just tenants.
- Value-Add Strategies: How Ed buys and renovates C class properties to create profitable investments.
- Vacancy Rates: A comparison between typical vacancy rates and Ed's impressive 2-3% annual vacancy.
- Expansion Goals: Ed's ambitious goal of reaching 1000 units by 2025 and his expansion into Kentucky and North Carolina.
- The Real Estate Underground Podcast: Ed's podcast aimed at mentoring and educating aspiring real estate investors.
- Overcoming Fear: Ed's advice for those trapped in a W-2 job and longing for something more.
This episode of "The W2 Prison Break Show" is a must-listen for anyone interested in real estate investment, property management, and personal growth. Ed Mathews’ wisdom and experience provide a roadmap for success, while his down-to-earth approach resonates with listeners at all levels. Don't miss this opportunity to learn from one of the best in the business. Tune in, take notes, and take action!
Get in Touch with Ed:
- Website: www.reupod.com and www.clarkst.com
- Facebook: https://www.facebook.com/ClarkStCapital
- LinkedIn: https://www.linkedin.com/clark-st-capital
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