JF2730: Increase Your Community Impact with Multifamily Using These 3 Steps ft. Marcus Long
JF2730: Increase Your Community Impact with Multifamily Using These 3 Steps ft. Marcus Long

JF2730: Increase Your Community Impact with Multifamily Using These 3 Steps ft. Marcus Long

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27 min
Business & Finance
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<p><span style="font-weight: 400;">After spending 15 years focused on single-family properties, Marcus Long took the leap to enter multifamily as a passive investor. Fast forward, and he now is General Partner of 183 units and Limited Partner of 215 units. In this episode, Marcus shares the challenges he faced when transitioning from single-family to multifamily and how he achieved his success.</span></p> <p><span style="font-weight: 400;">Marcus Long | Real Estate Background</span></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Founder of Long Legacy Capital. He primarily focuses on 100+ unit Class B/C value-add properties with project scopes that allow for cash flow to commence in the first year and currently plan for 3-7 year hold periods.</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Portfolio:</span></li> <ul> <li style="font-weight: 400;" aria-level="2"><span style= "font-weight: 400;">GP of 100-unit in Pryor, OK; 75-unit in College Station, TX; and an 8-unit (short term rental conversion) in Arlington, TX.</span></li> <li style="font-weight: 400;" aria-level="2"><span style= "font-weight: 400;">LP of 24-unit mobile home park in Canon City, CO; 103-unit in Mobile, AL; and 88-unit in Tulsa, OK.</span></li> </ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Based in: Cheltenham, England</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Say hi to him at:</span> <a href= "http://www.alonglegacy.com/"><span style= "font-weight: 400;">www.alonglegacy.com</span></a> <span style= "font-weight: 400;">| IG: @alonglegacyrei</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Best Ever Book:</span> <a href= "https://amzn.to/3GWJB7W"><em><span style="font-weight: 400;">The Hands-Off Investor</span></em> <span style="font-weight: 400;">by Brian Burke</span></a></li> </ul> <p><strong>Click here to learn more about our sponsors:</s

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