JF3049: Lessons Learned Scaling a Multifamily Business ft. Jimmy Edwards

<p>Jimmy Edwards owns High Five Multifamily, which sources, acquires, and manages multifamily assets in the B- and C-class space. In this episode, he shares the pain points that motivated him to scale his business, how he builds relationships with brokers, and how he learned the hard lesson of knowing when to walk away from a deal. </p> <h2><strong>Jimmy Edwards | Real Estate Background</strong></h2> <ul> <li style="color: #000000;" aria-level="1"><span style= "font-size: 18px;"><span style="color: #000000;">Owner of High Five Multifamily, which</span> <span style="color: #000000;">sources, acquires, and manages multifamily assets in the B- and C-class space.</span></span></li> <li style="color: #000000;" aria-level="1"><span style= "font-size: 18px; color: #000000;">Previous episodes: </span></li> <ul> <li style="color: #000000;" aria-level="2"><span style= "font-size: 18px;"><a href= "podcast/jf1421-using-passive-investing-to-catapult-into-your-own-large-multifamily-deals-with-jimmy-edwards" target="_blank" rel="noopener">JF1421: Using Passive Investing to Catapult into Your Own Large Multifamily Deals with Jimmy Edwards</a></span></li> <li style="color: #000000;" aria-level="2"><span style= "font-size: 18px;"><a href= "podcast/jf2539-100-returns-in-35-months-with-jimmy-edwards-skillsetsunday" target="_blank" rel="noopener">JF2539: 100% Returns in 25 Months with Jimmy Edwards #SkillsetSunday</a></span></li> </ul> <li style="color: #000000;" aria-level="1"><span style= "font-size: 18px; color: #000000;">Portfolio:</span></li> <ul> <li style="color: #000000;" aria-level="2"><span style= "font-size: 18px; color: #000000;">570 units (168 multifamily units, net seller 2022, will be a net buyer in 2023–2026)</span></li> <li style="color: #000000;" aria-level="2"><span style= "font-size: 18px; color: #000000;">Purchased, rehabbed, and successfully sold over 100 SFRs</span></li> </ul> <li style="color: #000000;" aria-level="1"><span style= "font-size: 18px; color: #000000;">Based in: Dallas, TX</span></li> <li style="c