5 Talents Podcast - How To Build Wealth Through Real Estate

Juan Vargas - $20M of Investor Equity, 2000+ Units; Adding and Creating Value

December 17, 2020 Abel Pacheco Season 1 Episode 64
5 Talents Podcast - How To Build Wealth Through Real Estate
Juan Vargas - $20M of Investor Equity, 2000+ Units; Adding and Creating Value
Show Notes

I always believe that everyone has a value no matter the circumstances. Our guest for today proves just that. In this episode, we will have the one and only, Juan Vargas of GenWealth Capital Group, to discuss how we can add and even create value in real estate investing. Juan currently has in his portfolio more than 2,000 apartment units and $20M of investor equity. He founded GenWealth, which is now known for being hands-on with acquisitions and management and for their institutional perspective backed by data analysis, market research, and due diligence.

Let’s dive into Juan’s story now.  

[00:01 - 06:52] Opening Segment

  • I introduce our guest, Juan Vargas
  • He talks about his background

[06:53 - 18:16] Single-Family to Multifamily

  • Juan walks us through his shift from single-family to multifamily
    • Find out if you should make the shift as well
  • He tells us that earning the investors’ trust is a key step
  • Juan shares the importance of consistency 

[18:17 - 32:06] Adding and Creating Value

  • Juan shares an advice to close your first deal
    • Be honest. Find out why
  • He tells us to look beyond the person’s real estate experience
  • Don’t put yourself in somebody else’s book chapter
    • What does Juan mean by this?
  • Juan talks about the pros and cons of large-scale deals

[32:07 - 40:42] Keeping it Short and Simple

  • Juan talks about investor relations
    • Keep it short and simple
  • He shares his approach in broker relations

[40:43 - 43:53] Closing Segment

  • Connect with Juan - links below 
  • Final words from Juan and Me



Tweetable Quotes:

“Everybody can bring something. That’s the beauty of this business. It’s usually a team effort. There’s no ‘I’ in ‘team.’” - Juan Vargas

“Don’t compare yourself to somebody else. If somebody else is in a more advanced position that you are currently, that’s just because they’re in a different chapter of the book.” - Juan Vargas

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You can call Juan at 713-591-2523. Connect with him on LinkedIn, Facebook, Instagram, and Twitter. Check out their company online and listen to his podcast show

Guest Email: juan@genwealthcapital.com


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