SA224 | From Failed House Flipping to Successful Multifamily Investing with Christopher Grenzig
Christopher Grenzig
Learning how to flip a house and completing your first transaction can be challenging. Simply begin implementing strategies that will help you avoid mistakes. Joining us in this episode is Christopher Grenzig, who shares his experience from flipping houses to multifamily investing and how he made good results by taking action.
Key Takeaways To Listen For
- Important factors to consider when buying a property
- Understanding different types of properties
- Benefits of financing your own business
- Ways on how to close a multifamily deal
- The Importance of building relationships with the right people
- Ups and downs of fix & flips
- Putting a value on time blocking
Resources Mentioned In This Episode
About Christopher Grenzig
Chris is the Founder of JAG Communities which is a vertically integrated multifamily focused investment firm based in Jacksonville, FL. Chris started investing in real estate in 2016 by attempting to flip houses in Long Island, NY. After months of failing, he attempted out of state flips, purchasing tax deeds, and finally found his footing in multifamily. Chris joint ventured on just over 100 units, before joining Toro Real Estate Partners as their head of Florida operations. Toro purchased 4000 units worth $300 mil, with 1000 units in Florida over 4 and half years. Chris eventually left Toro in Nov 2020 to start his own company which owns and manages small to mid-sized apartment complexes in Jacksonville, MSA. JAG Communities currently owns and manages 40 units worth $3 million, with a 10-year vision to scale to $500 million AUM.
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Connect with Christopher:
- Instagram: @chris.grenzig
- Youtube: Chris Grenzig
- Twitter: Chris Grenzig
- LinkedIn: Chris Grenzig
- Website: JAG Communities
- Podcast: The Real Estate Investing Experience
- Email: chris@jag-communities.com