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Zen and the Art of Real Estate Investing with Jonathan Greene

Stabilizing and Refinancing Multifamily Real Estate with Zachary Gray

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When COVID-19 disrupted Zachary Gray’s career as a personal trainer, he realized he needed a more resilient career path and turned to multifamily real estate investing. On this episode of Zen and the Art of Real Estate Investing, Jonathan welcomes Zachary, who shares how he started his business three years ago and rapidly scaling it through partnerships and strategic investing. Zachary focuses on stabilizing and refinancing multifamily buildings, which has helped him navigate economic uncertainties and build a robust investment portfolio.

Jonathan and Zachary delve into Zachary’s early exposure to real estate, the motivation behind starting his business, and his self-education. Zachary shares his initial fear of meetups, his first two property purchases, and his preference for adding bedrooms over living space in most acquisitions. He explains his strategy of targeting tenants with multiple income-earning adults, the importance of partnerships in scaling his business, and the strategic use of lines of credit and leverage. They also discuss Zachary’s offer formula, the necessity of building a contractor database, and social media’s role in forming relationships and partnerships with other investors.

During their conversation, Jonathan and Zachary cover more in-depth:

  • COVID-19 forced Zachary to consider alternative career paths.
  • Zachary’s first multifamily purchase was a duplex in Massachusetts that turned out to be a hidden gem.
  • He leverages social media and meetups to build relationships and partner with other investors.

 

Zachary Gray may be relatively new to real estate investing, but he’s established a formula that is helping him establish a strong presence in the investing world.

If you want to learn more about Zen and the Art of Real Estate Investing Podcast, check out https://zenandtheartofrealestateinvesting.com/podcast/153/.