Diversifying Assets to Stay Ahead in Any Real Estate Market with Jeremy LeMere, Ep 120
Manage episode 452448825 series 3371550
Welcome to the Journey to Multifamily Millions podcast, where we speak with professionals on financial topics!
Jeremy LeMere is the Managing Principal of Star Capital Management Group where he helps investors achieve above-average returns outside the stock market through real estate.
Jeremy talks about his real estate journey, beginning in middle school and progressing through several asset classes, such as single-family homes, multifamily apartments, and self-storage facilities.
He highlights the need to build up funds to get true time independence, the adaptability that real estate investing provides, and the shift from active to more passive investment roles.
Jeremy offers a thorough guide on creating and diversifying a real estate portfolio that is suited to individual and market circumstances. He also covers the BRRRR technique, difficulties encountered during the Great Recession, and the numerous advantages and factors of various asset classes.
Episode Topics
[01:26] Meet our guest, Jeremy LeMere
[03:41] Scaling Up: From Duplexes to Multifamily
[05:46] Transition to Self Storage
[06:50] Diversifying with Commercial Properties
[07:19] The Importance of Passive Income
[28:12] Fund Structures and Investment Strategies
[28:52] What is one red flag every investor should look out for?
[29:29] What is a myth about the real estate business?
[31:13] Connecting with Jeremy
Notable Quotes
- "We’ll move funds into a fund-of-funds model to focus on hard money lending and smaller syndications where others take the primary GP role." – Jeremy LeMere
- "The Great Recession presented opportunities, but there was a snapback in terms of who was getting loans and how much, making capital very restrictive." – Tim Little
- "Fix and flips can be a good way to build a lot of capital quickly, but the problem is the taxation." – Tim Little
- "The self-directed IRA was its own entity, allowing us to double our assets and escape limitations banks placed on us as individuals." – Jeremy LeMere
- "Flipping is almost like a job itself. Many transition into syndication or passive investing to achieve time freedom through capital." – Jeremy LeMere
- "Self-storage appealed for its low-touch aspect; you can automate operations, save time, and focus on finding more assets or improving the existing product." – Tim Little
👉Connect with Jeremy LeMere
- LinkedIn: Jeremy LeMere
- Website: Star Capital Management Group
- Email: jeremy@lemere.com
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
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https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
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