Ep #211 – Albert Berriz – From Cuban Immigrant to $4.6 Billion in Multifamily Investments
Here’s some of what you will learn:
- Changing approaches in changing markets
- Finding the gem out of 100
- Basic Investment Criteria
- Understanding the Valuation Delta
- Value Creation
- Long term financing
- Syndication vs Wholly owned
- Buyer vs Seller in Wealth Creation
- “Someone pays you rent to pay off your mortgage”
- The beauty of amortization
- Buckets of Money
- Understanding the time horizon for multi-family investments
- The Relationship Business
- The #1 key to success
- The Importance of Mentors
- The one characteristic every leader should possess
- Learning through Adversity
- Finding the deal vs finding the money
- Understanding the interest rate average over time
- Value creation through interest rates
- The advantage of workforce housing vs luxury housing
- Secret to hiring the right people
- Customer satisfaction via smartphone
- Understanding turnover expense
- The two things they can never take away from you
- Book Recommendation: Winners Never Cheat by Jon M. Huntsman Sr.
About our Guest:
To reach Albert Berriz please visit:
