Masterning Multifamily - George Diekelman

06/05/2025 52 min Temporada 2 Episodio 27
Masterning Multifamily - George Diekelman

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Episode Synopsis

In this episode of the "Let's Get It" podcast, host Justin Spalding engages with George Diekelman, a rising star in real estate investing. George shares his inspiring journey from owning a few single-family homes to acquiring a 30-unit multifamily property. The discussion highlights his innovative strategies for finding off-market deals, including direct outreach and leveraging platforms like Facebook Marketplace. George delves into the specifics of his first major acquisition, detailing the financial structuring and value-add potential. The conversation also explores property management techniques and the benefits of diversifying into small businesses, such as George's recent venture into a home care agency. This episode is packed with actionable insights and motivational stories for aspiring real estate investors.Chapters:0:00 Intro: Justin introduces guest George Dieman5:04 Finding deals through Facebook Marketplace listings10:16 The importance of understanding your business15:00 Breaking down George's 30-unit townhome deal20:32 Adding in-unit washers and dryers increases retention31:53 The benefits of townhome-style rental units37:15 Justin's aversion to laundry and packing42:56 Small business acquisition as cash flow strategy48:31 George's dream job: college basketball coach