5 Talents Podcast - How To Build Wealth Through Real Estate
Welcome to the 5 Talents Podcast - How To Build Wealth Through Real Estate. Your host Abel Pacheco interviews real estate investors, wealth managers, syndicators, operators, and other wealth management strategists. If you’re a top earner in your field, an accredited investor and focused on building wealth through real estate... then this podcast is for you.
Abel served his local church for nearly 10 years as a deacon and finance board member and now combines his passion for real estate investing, professional successes, faith, leadership, and core beliefs to serve his investment community.
If you want to learn what other multi-millionaires, wealth managers, and surrounding industry experts are doing to build and preserve wealth... then this podcast is for you.
www.5Talents.Capital
5 Talents Podcast - How To Build Wealth Through Real Estate
Juan Vargas - $20M of Investor Equity, 2000+ Units; Adding and Creating Value
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
------------------------------------------------------------------------------------------
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
Connect with me:
https://www.5tcre.com/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
