383: Finding Your Perfect Partner and the Top 6 Factors When Choosing a Market with Ben Leybovich & Sam Grooms

Interested in someday making the leap to bigger investments? Don't miss this one! Ben Leybovich and Sam Grooms join us for a high-level conversation about how they transitioned from flips and smaller assets to 100-plus-unit, value-add multifamily deals. Since the first part of this show was recorded pre-coronavirus, we brought the guys back on to hear their thoughts on today's market and get an update on how their business is doing amid the volatility (spoiler: pretty well!). In This Episode We Cover: Finding the perfect partner for you The 6 factors they look at when analyzing a market Why Sam & Ben keep such a large reserve fund Why investors sometimes overvalue cash flow Why they like the Phoenix market How to establish a competitive edge in real estate investing How they look at multifamily syndication as " a long flip " Why equity protects you Buying insurance against interest rate increases Hiring their own construction team How they're adjusting to COVID-19 And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Bookstore BiggerPockets Podcast BiggerPockets Calculators BiggerPockets Podcast 382: No Money Down BRRRR Investing with Josiah Smelser (Part 1, Recorded Pre-Coronavirus) BiggerPockets Podcast 382.5: Surviving When the BRRRR Hits the Fan with Josiah Smelser (Part 2, Post-Coronavirus) Deloitte BiggerPockets Conference 2020 BiggerPockets Podcast 356: 30+ Rentals (in a Pricy Market) Through BRRRR and Section 8 with Joe Asamoah Open Door Capital BiggerPockets Podcast 313: How to Be Happy AND Grow a Massive Business with Entrepreneur Jesse Itzler (and Josh!) Check the full show notes here: http://biggerpockets.com/show383 Learn more about your ad choices. Visit megaphone.fm/adchoices