35 min listen
JF3098: A System for Targeting Short-Term Appreciation ft. Mark Updegraff
JF3098: A System for Targeting Short-Term Appreciation ft. Mark Updegraff
ratings:
Length:
25 minutes
Released:
Feb 27, 2023
Format:
Podcast episode
Description
Mark Updegraff is the founder of Updegraff Group Realty Services, a suite of companies that broker, manage, and provide GC services, as well as Raze Capital, a commercial real estate syndication company. After getting laid off from his job making $70,000 a year in tech, a poor experience with a realtor prompted him to become a real estate broker. From there, he began purchasing distressed assets, eventually scaling into larger assets, including multifamily syndicating. In this episode, Mark discusses his tech background, how he follows local trends to position himself for short-term appreciation, and his approach to choosing and retaining employees and partners. Mark Updegraff | Real Estate Background Founder of Updegraff Group Realty Services and Raze Capital Portfolio: $40MM AUM One- to four-family rentals Multifamily Mixed-use Commercial Industrial Based in: Rochester, NY Say hi to him at: markupdegraff.com LinkedIn Best Ever Book: The Fountainhead, by Ayn Rand Greatest Lesson: Kindness will fuel your business growth more than hard work or luck. Click here to learn more about our sponsors: MFIN CON
Released:
Feb 27, 2023
Format:
Podcast episode
Titles in the series (100)
JF 10: Ignore the Crazy Talk and Follow Your Vision: Lisa Phillips buys homes for 30k or less. Thats her model and despite all the people who said she was crazy buying at that price point in suspect neighborhoods, she followed her vision and continues to reap the rewards. by Best Real Estate Investing Advice Ever