#40: From Valeting Cars to Building a Multi-Million Dollar Rental Portfolio (In His Early 20s!) with Zach Hoereth
The Multifamily Wealth Podcast - A podcast by Axel Ragnarsson - Tuesdays
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This episode with Zach Hoereth is a must-listen for investors operating at all levels, we get into topics like taking down your first deal, balancing investing with being a broker, and the power of building long term relationships with sellers and other folks in your market. For the younger investors out there - we talk about how your age is actually an advantage when getting into the market and taking down deals (rather than the opposite)!Zach is a broker and real estate investor based in Indianapolis, IN, and began his road to investing with single-family properties, later snowballing into just over 35 units in 4 years. Show Notes:2:54 Zach discusses how he worked his way into the real estate business while attending college in Florida.5:31 We discuss what Zach learned when he was initially working in the real estate business.9:15 Zach shares how he started finding deals and started to grow his business in Indianapolis.13:00 We talk about Zach's deal, how he closed his first multi-family property, and the experience that came with it. 18:40 Zach shares what his portfolio looks like now and how it's managed. 21:46 We discuss how Zach structures his deals and why it is so important to choose who you work with.29:35 Zach shares how he finds deals in his market and how he uses his age as an advantage.36:00 We discuss how relationships are when growing deal flow and scaling your business.39:30 We talk about investing at a young age, and why confidence and education are key to gain momentum and traction. 44:00 Zach shares the advice he would give himself before closing his first deal.45:42 We discuss what qualities Zach attributes his success to.46:48 Zach shares his short term goals.CONNECT WITH AXELhttps://www.instagram.com/multifamilywealth/?hl=enhttps://www.linkedin.com/in/axelragnarsson/CONNECT WITH ZACHhttps://www.linkedin.com/in/zach-hoereth-874896104/https://www.instagram.com/zach.hoereth/[email protected]
