From engineering to building a real estate empire with Apurva Shah

22/06/2021 1h 4min Episodio 63

Listen "From engineering to building a real estate empire with Apurva Shah"

Episode Synopsis


Join Steve and Vincent, with Apurva Shah of Jays Investments, as they talk about how Apurva built his own real estate brand and business from flipping houses on the side as a W-2 worker in Carolina. As someone who's gone through living in rundown places, Apurva's 'why' currently is to provide affordable and safe housing to low-income earning individuals and families. For a young investor who's proven himself and while separating from his parent's business to scale Jays Investments, Apurva doubles down on the importance of having the right people around you and the self-awareness to acknowledge limitations when it comes to going long in real estate. Listen today to Apurva as he shares more about “Roles” management, the needs to have investing know-how, tenant relations and how they run things differently with mobile home park investing. There's a lot to unpack, so stay tuned and enjoy the episode!



Outline of the episode: 

●    [01:46] Learning real estate from parents who are in the business of converting office buildings to luxury condos.

●    [06:31] The snowball effect from 1st deals.

●    [09:47] Ensuring investor money through conservative investing and due diligence

●    [14:20] To provide quality, affordable, and safe housing to low-income tenants.

●    [16:54] The Historic Chimes Building in Downtown Syracuse.

●    [29:15] The Rumbaugh Estates: How we got into mobile home parks.

●    [36:10] On forming roles, responsibilities, and accountability within the team.

●    [41:33] This is how a successful and safe community is built…

●    [49:13] Whatever role you're currently in, learn from it.

●   [54:42] The team or the folks you have around you is your force.

●   [56:45] On Apurva's biggest learned lesson from real estate.

●   [59:55] "Focus on earning, and not just saving."



Resources:

●   Website

●  LinkedIn

●  The Ride of a Lifetime: Lessons Learned from 15 Years as CEO of the Walt Disney Company, Book by Robert Iger



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