Hengjiang Mu - $27M, 460 Units On The Spot; How To Buy Distressed Properties and Add Value

Our guest for today is Hengjiang Mu, Co-Founder of All States Capital Group, LLC. All States Capital is a leading commercial and multifamily real estate investment company that buys distressed properties then adds value to them. Their value-add approach is called the ASCG Model, which Mu happily breaks down for us in this episode. 

Let’s dive right and learn the secrets to transform distressed assets into value-add properties! 

[00:01 - 05:21] Opening Segment

• Who is Hengjiang Mu? 
• His path to real estate from China 

[05:22 - 12:06] The Secret to Get Started 

• Mu talks about this business model that worked for him
• He lays out his steps to learn real estate from scratch
• The 3 keys to start in real estate for Mu

[12:07 - 26:44] A Proven Business Model 

• The strategy that can make investing easier and less risky? 
  • Mu explains
• Mu tells us why real estate is a team sport 
• Mu breaks down their process to buy distressed value-add properties

[26:45 - 31:35] Creative Financing Tips 

• Why Mu loves creative financing deals 
• How to respond to deals that didn’t work 

[31:36 - 34:59] Closing Segment

• Connect with Mu! Links below
• Final words from Mu and me

Tweetable Quotes:

“You don’t need to know everything to get a start. There’s nothing like a perfect time to start [in real estate].” - Hengjiang Mu

“Commercial real estate is nothing like a one-person show” - Hengjiang Mu

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Connect with Mu on LinkedIn and Facebook. Visit All States Capital Group LLC to learn more about their work.

Guest email: mu@ascgus.com

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