From being a full-time police officer to an investor, Joseph Cornwell shares his journey of achieving financial stability starting from rehabbing one single-family property.

This episode covers performing value add to an investment property, valuable ideas when hiring a contractor, buying and holding properties, and the ideal partner that will help you scale and grow in real estate.

Key Points & Relevant Topics

• Factors that motivated Joseph to invest in real estate
• Why Joseph decided to start a general contracting business
• Juggling a full-time job with real estate investing and other businesses
• What does “heavy value add” mean in real estate
• Things investors must be looking for and expect from a contractor
• Joseph’s transition from single-family to larger and mid-sized multifamily 
• Having the right business partner and building relationships
• Biggest challenge of scaling to larger multifamily deals
• The key to succeeding in real estate despite having mistakes

Resources & Links
Apartment Syndication Due Diligence Checklist for Passive Investor

About Joseph Cornwell

Joseph was a full-time police officer based in Cincinnati, Ohio from 2011-2021. He began real estate investing in 2016, got his real estate license and started buying small multi-families, duplex, 4plex, etc. He began a general contracting business in 2018 and scaled his businesses and portfolio until he was financially free in 2021. 

He now has 125 units in 13 properties ranging from single families to 40 units valued around 8MM. He sells around 8MM annually in investment property, and they do around 2MM a year in the general contracting business. 

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