JF2539: 100% Returns in 35 Months with Jimmy Edwards #SkillsetSunday

<p><span style="font-weight: 400; font-size: 10pt;">Jimmy Edwards just closed his first full cycle deal in his college town, giving 100% returns in just 35 months. Today we’re getting down to the numbers and learning his exact step-by-step process for successful rehabbing and rebranding. Jimmy shares what he told investors when he found out how poor conditions actually were, 6 key things he did to let the community know there’s new ownership, and how he knew it was time to sell. </span></p> <p><span style="font-size: 10pt;"><strong>Jimmy Edwards Real Estate Background: </strong></span></p> <ul> <li><span style="font-size: 10pt;"><span style= "font-weight: 400;">Previous episode:</span> <a href= "https://joefairless.com/podcast/jf1421-using-passive-investing-to-catapult-into-your-own-large-multifamily-deals-with-jimmy-edwards/"> <span style="font-weight: 400;">JF1421</span></a></span></li> <li><span style="font-weight: 400; font-size: 10pt;">Just closed on first full cycle deal - 2x multiple in 35 months, purchased at 50% occupancy, decreased to 38% occupancy, sold at 92%</span></li> <li><span style="font-weight: 400; font-size: 10pt;">Full time multifamily investor</span></li> <li><span style="font-weight: 400; font-size: 10pt;">Invested in 570 units</span></li> <li><span style="font-weight: 400; font-size: 10pt;">Purchased, rehabbed, and successfully sold over 100 SFRs</span></li> <li><span style="font-weight: 400; font-size: 10pt;">Based in Dallas, TX</span></li> <li><span style="font-size: 10pt;"><strong><span style= "font-weight: 400;">Say hi to him at:</span> <a href= "http://www.highfivemultifamily.com"><span style= "font-weight: 400;">www.HighFiveMultifamily.com</span></a></strong></span></li> </ul> <p> </p> <p><br /> <span style="font-size: 10pt;"><strong>Click here to know more about our sponsors:</strong> <a href= "https://www.realestateaccounting.co/cfo/?utm_source=joefairless"><span style="font-weight: 400;"> Real Estate CFO Services</span></a> <span style= "font-weight: 400;">|</span> <a href= "http: