184. Breaking Into the Multifamily Space with Nic Cooper and Andrew Jarrett

Join Mike Cavaggioni with Andrew Jarrett and Nic Cooper on the 184th episode of the Average Joe Finances Podcast. Andrew and Nic share their strategies and expertise on entering the multifamily space.

In this episode, you’ll learn:

• Strategies for sourcing deals
• The difference between self-management and third-party management.
• How to find the right business partner
• The advantages of syndication
• And much more!

About Andrew Jarrett:

Andrew Jarrett is a native of Western New York, where he was part of numerous profitable redevelopment opportunities on single family homes. He founded a property management company which managed single family and multifamily units. He sold the company and shifted his focus to the acquisition of smaller multifamily and single family investment properties in Western New York.

Andrew currently holds several hundred rental units in this market with in-place management and maintenance teams. Andrew is also a #1 Bestselling author and the host of “The Passive Road to Retirement” podcast. He scaled his investments to the acquisition of large Multifamily apartment complexes. In the past two years he has gone “full cycle” on several hundred units, located in Florida and Georgia. 

About Nic Cooper:

Nic Cooper saw the power of cash-flowing assets with his single-family rentals but was ready to scale. He sold his remaining single-family rentals in San Diego and got his wife, Jamie on board to reinvest in real-estate on a larger scale. Together they purchased a 24 unit apartment complex in Ohio to create passive income.

Nic brings a pilot’s precision and analytical mind to multifamily real estate with over 22 years as a military helicopter pilot. At present Nic owns 172 units in TX, AL, OH and VA with $11.3MM assets under management.

Find Andrew on:

Website: https://www.jarrettcapital.com

Instagram: https://www.instagram.com/andrewjarrett_/

Facebook: https://www.facebook.com/andy.jarrett.12

LinkedIn: https://www.linkedin.com/in/andrewjarrett

Youtube: https://www.youtube.com/@passiveroadtoretirement

Find Nic on:

Website: https://www.hudsonbluemf.com

Facebook: https://www.facebook.com/nic.cooper.58

LinkedIn: https://www.linkedin.com/in/nic-cooper-abaab057

Instagram: https://www.instagram.com/hudsonbluemf

Average Joe Finances®

All of our social media links and more: https://averagejoefinances.com/links

About Mike: https://themikecav.com

REWBCON: Join me at the Real Estate Wealth Builders Conference. Use promo code “Mike” to save 10% on tickets. https://averagejoefinances.com/rewbcon

Important Tools and Resources that I Use

Financial Resources: www.averagejoefinances.com/resources

CRM Tool: www.averagejoefinances.com/crm

Pay Off Your Mortgage in 5-7 Years:

www.theshredmethod.com/averagejoefinances

https://bit.ly/replaceyourmortgage

Find a REALTOR® in any state: www.averagejoefinances.com/realtor

Make Real Estate Investing Easier with DealMachine:

www.averagejoefinances.com/dealmachine

Podcast Hosting: www.averagejoefinances.com/buzzsprout

Podcast Editing Services: www.editpods.com

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See our full episode transcripts here: www.averagejoefinancespod.com/episodes