The Biggerpockets Real Estate Investing Podcast

214: Building a $30M Fund to Invest in Real Estate with Joel Sherlock

Informações:

Sinopsis

Some investors buy a single house. Some buy a small multifamily. But today on The BiggerPockets Podcast, we sit down with someone who jumped into real estate in a much bigger way! Joel Sherlock is an investor from Canada who put together a $30 million dollar fund to buy real estate in America. You’ll learn why he went this route and how you can follow a similar strategy in your own business. You’ll also learn about Joel’s entrance into the world of commercial real estate, including the pros and cons of that niche. In This Episode We Cover: How Joel started real estate back in college Why he eventually moved his investing in Canada to America How he was able to come up with $32 million in funds What a “hurdle rate” is Why he considers his model to be conservative  The kind of properties he’s buying Why he chose Scottsdale Innovative strategies for finding deals How he “trades deals“ How to get fixed-priced bids from contractors Why he’s made the move to commercial real estate Why people avoi