Jay Patel and Tedi Nati Quickly Raise Money & Add Doors On Chicago’s West Side!
Jay Patel and Tedi Nati of JP Acquisitions join us to explain how they’ve leveraged mentors and discipline to build a sizable multifamily portfolio on Chicago’s West Side!
Jay and Tedi explain how they networked and built their team to set themselves up for success when starting in real estate! They break down raising money and setting up a syndication to acquire their first multifamily building in Austin. The duo discuss their next 16-unit building acquisition and lessons learned on that deal. Jay and Tedi close by sharing their motivative business plan hammering home their go-getter attitude which has led to their great success!
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01:08 Intro to our guests, Jay and Tedi!
09:20 Learning how to execute a real estate deal!
16:34 Jay and Tedi’’s first syndication deal.
22:45 Software and tools for asset management.
27:07 Mistakes on an 8-unit acquisition.
33:38 The importance of an experienced team.
38:04 Acquiring a 16-unit building in Austin.
44:35 How to make money when starting a syndication?
49:58 2-Year outlook for Jay and Tedi!
56:10 What is your competitive advantage?
56:30 One piece of advice for new investors.
56:40 What do you do for fun?
56:55 Good book, podcast, or self development activity that you would recommend?
57:32 Local Network Recommendation?
58:20 How can the listeners learn more about you and provide value to you?
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Connect with Mark and Tom: StraightUpChicagoInvestor.com
Email the Show: StraightUpChicagoInvestor@gmail.com
Guest Name: Jay Patel & Tedi Nati
Guest Company: JP Acquisitions
Guest Link: https://jpacq.com/
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