Managing your Capex Budget with Jorge Abreu
🔥On this Real Estate Hustlers Podcast episode, we will be talking with Jorge Abreu invests in property for 16 years. He went from single-family to modest multifamily to 100+ units. Jorge wholesaled 250+ single-family homes. Fixed/flipped 200+ SF. Created $40 million projects from start.
His construction company makes $30 million+. Full-time multifamily real estate investor that actively and passively. Deal Sponsors Jorge and Elevate bought 8,038 multifamily apartments. He sold 1,608 units and had $550M+ after cycle.
Management.
JNT Construction CEO Jorge and Elevate Commercial Investment Group. JNT Construction supports multifamily investors with improvements and due diligence. His in-house management firm, Elevate Real Estate Management, completes his vertical integration. Multifamily real estate growth is his advice.
Dallas-based, he owns properties in Texas, Oklahoma, Georgia, South Carolina, Florida, Arkansas, and South Dakota, but is open to more. Deal finding, due diligence, capex, new development, and equity raising are strengths.
He wants 10,000 doors by 2023 through clever collaborations and scaling. He wants to expand Elevate in 2023 to fulfil demand.                   Â
Watch the episode here:
Listen to the podcast here:
Key Points From This Episode:
George transitioned from single-family properties to multifamily syndications to achieve his goal of scaling his real estate portfolio.
Vertically integrating his company with a construction division and property management team allows George to have more control over the business plan and ensure the success of his investments.
George’s recent acquisition of a Class A property in South Dakota offers opportunities for rent increases and minor upgrades to increase the property’s value.
The current real estate market is experiencing a slowdown, but George believes there will be opportunities for deals in the future as some sellers become more willing to negotiate.
For those looking to get into real estate investing, George recommends investing passively in a few deals to gain experience and learn from experienced operators. He also suggests finding a way to bring value to an experienced group to learn from them.
About Anders:
🔥On this Real Estate Hustlers Podcast episode, we will be talking with Jorge Abreu invests in property for 16 years. He went from single-family to modest multifamily to 100+ units. Jorge wholesaled 250+ single-family homes. Fixed/flipped 200+ SF. Created $40 million projects from start.
His construction company makes $30 million+. Full-time multifamily real estate investor that actively and passively. Deal Sponsors Jorge and Elevate bought 8,038 multifamily apartments. He sold 1,608 units and had $550M+ after cycle.
Management.
JNT Construction CEO Jorge and Elevate Commercial Investment Group. JNT Construction supports multifamily investors with improvements and due diligence. His in-house management firm, Elevate Real Estate Management, completes his vertical integration. Multifamily real estate growth is his advice.
Dallas-based, he owns properties in Texas, Oklahoma, Georgia, South Carolina, Florida, Arkansas, and South Dakota, but is open to more. Deal finding, due diligence, capex, new development, and equity raising are strengths.
He wants 10,000 doors by 2023 through clever collaborations and scaling. He wants to expand Elevate in 2023 to fulfil demand.
Get In Touch With Jorge :
LinkedIn: www.linkedin.com/in/jorgelabreu/
Facebook: www.facebook.com/jorge.abreu
Instagram: www.instagram.com/jorgemultifamily/