Nic saw the power of cash-flowing assets with his single-family rentals but was ready to scale. He sold his remaining single-family rentals in San Diego and got Jamie on board to reinvest in real estate on a larger scale. Together they purchased a 24-unit apartment complex in Ohio to create passive income. In the first year, they optimized systems and as a result, more than doubled the property’s value! They saw first-hand the power of multifamily real estate investing as an opportunity to create passive income and build wealth for their family. Nic brings a pilot’s precision and analytical mind to multifamily real estate with over 22 years as a military helicopter pilot. Jamie delivers an unwavering resolve towards producing results and an innate ability to build relationships with over a decade in medical sales. Jamie and Nic saw that their skills would be the perfect fit for multifamily real estate investing. At present Hudson Blue owns 292 units in MO, TX, AL, OH, and VA. Their company is valued at $29.0MM in assets under management.
What You’ll Learn in This Episode:
- The power of cash-flowing assets and how they doubled the value of a 24-unit apartment complex in Ohio within the first year.
- Transitioning from military and medical sales careers to becoming successful multifamily real estate investors.
- The significance of moving from single-family to multifamily real estate for scalability.
- The concept of syndication in real estate investing.
- The importance of improving the quality of life for tenants when acquiring and managing properties.
- Balancing the demands of owning a business and the benefits of time freedom in the real estate industry.
Resources Mentioned in This Episode:
- Hudson Blue Multifamily Website
- Hudson Blue Multifamily on Social Media
- Nick Cooper’s Email: nick@hudsonbluemf.com
