JF1386: How Do You Remove As Much Risk As Possible In Real Estate Investing? With Chad Doty

<p><span style="font-weight: 400;">If you ask Chad, the answer to the proposed question in the title, is to buy B class multifamily properties built between 1982 - early 2000’s. We’ll hear a better explanation and reasons why he believes this is the best way to invest in real estate with the least amount of risk. We also hear some difficult deals he’s had and how he was able to work through it.</span> <span style="font-weight: 400;">If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!</span></p> <p> </p> <p><strong>Best Ever Tweet:</strong></p> <p><span style="font-weight: 400;">“Every single deal we carry has a 6 month mortgage reserve and we raise the capital improvement stack for the first 5 years” - Chad Doty</span></p> <p> </p> <p><strong>Chad Doty Real Estate Background:</strong></p> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">CEO of 37th Parallel Properties Investment Group</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">12 years of multifamily real estate investing experience & 10 years of management consulting experience</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Close to $300 million in real estate transactions</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Based in Richmond, VA</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Say hi to him at</span> <a href="https://37parallel.com/"><span style= "font-weight: 400;">https://37parallel.com/</span></a></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Best Ever Book: The Goal</span></li> </ul> <p><span style="font-weight: 400;">Get more real estate investing tips every week by subscribing for our newsletter at</span> <a href="http://bestevernewsletter.com"><span style= "font-weight: 400;">BestEverNewsLetter.com</span></a></p> <p> </p> <p><span style="font-weight: 400;">Made Possible Because of Our Best Ever Sponsor:</span></p> <p><span style="font-weight: 400;">List and manage