From the archive: This episode was originally recorded and published in 2022. Our interviews on Entrepreneurs On Fire are meant to be evergreen, and we do our best to confirm that all offers and URL’s in these archive episodes are still relevant.

Jason Yarusi, founder of Yarusi Holdings, has acquired $180M in real estate across 1,500 multifamily units, hosts two podcasts, and is an avid ultra runner.

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Guest Resource

Passive Investing Introductory Call – Download Your Free Passive Investing Guide and Schedule Your Passive Investing Call Today. (Sorry! This gift was active when this episode was first published in 2022. This resource is no longer available.)

3 Value Bombs

1) Everyone has something to offer, you may lack money but you have time to learn and find opportunities, your only limitation is your mind.

2) Surround yourself with good people and take action, which leads to better questions and results.

3) In multifamily real estate, tenants’ rent covers expenses and mortgage, and anything left becomes cash flow, gradually paying off your building.

Sponsors

HighLevel: The ultimate all-in-one platform for entrepreneurs, marketers, coaches, and agencies! Learn more at HighLevelFire.com!

50: Join JLD on his free ’50 days to something’ video series on YouTube and create something special in 50 days!

Show Notes

**Click the time stamp to jump directly to that point in the episode.

Today’s Audio MASTERCLASS: How an Entrepreneur Scaled from 2 Duplexes to over 1800 Units in 6 years

[1:28] – Jason shares something that he believes about becoming successful that most people disagree with.

• It’s the action, not luck, that keeps most people from where they want to be. It’s thinking about where they want to go and do, and taking productive steps to get there.
• Everything we want is in front of us. It’s the action steps to get there that had to be taken as soon as possible to put yourself to the path towards where you want to be.

[2:42] – Scaling from two duplexes to 1800 units in just 6 years.

• Choose where you want to be.
• Most of the time, we look at buying an apartment building.
• There’s an available path on whether to become a passive or an active investor.

[4:48] – Opportunities between good times and bad times when it comes to investing.

• For multi-family investments, it has the ability to have a safety net because of the larger asset.
• Multi-family real estate does well in a deflationary environment because you have a short-term lease releasing throughout the year. You’re able to adapt to market conditions and change.
• Inflationary environment trends to the success of the worth of the building because, as we stand today, we’re going to come up short by about 4 and a half million homes in a course of a decade.
• As people wait, it makes assets be worth more because of replacement cost.
• With multi-family real estate, you have cash flow from your tenants paying rent, which pays for your expenses, mortgage, and anything remains becomes cash flow. As tenants pay rent, they slowly pay for your building.

[9:00] – The Hundred-Mile mindset.

• We see the result but miss the action that took us to that result.
• Know what’s that first step you have to take. See where you’re at and figure out from there.
• Surround yourself with good people. Take action. With action, you get better questions and better results.

[12:28] – A timeout to thank our sponsors!

• HighLevel: The ultimate all-in-one platform for entrepreneurs, marketers, coaches, and agencies! Learn more at HighLevelFire.com!
• 50: Join JLD on his free ’50 days to something’ video series on YouTube and create something special in 50 days!

[14:46] – Attaining funding is tough. How do we raise money without asking for it?

• Bring in passive investors. The SEC allots opportunities where you can raise capital through accredited investors or sophisticated investors as long as we have pre-existing relationship.
• Most investors don’t know that this opportunity is out there for them and how to benefit from them.
• Buying an apartment building can be staggering. You might find the money but it will put a lot of stress to your investors because you need to raise capital.
• It gave time to investors the time without having the real pressure of the deal to understand the process and parameters of how things work.
• What’s in it for us is when we find that deal, we had enough commitment that we felt good and raise capital to go out there to buy that type of investment.

[19:04] – Producing massive income with an effective management team is the dream. How can we attain this dream?

• With apartment buildings, you can look at it and see how it’s not performing. It could be because of the building side or the management side.
• When it comes to the bottom line, the way apartment buildings and commercial real estate are valued, is based on a cap rate.

[22:02] – Narrow focus producing the most opportunities.

• People are so spread out that they can’t tell which is a good deal because they can’t focus on what they’re looking for.
• Focusing in one area will allow you to start finding that opportunity. It cuts down the overall chaos of you trying to find out something you don’t know what you want for.

[25:07] – Jason’s key take away and call to action.

• Everyone has something to offer. You may not have the money but you have the time to learn and find opportunities. Think of yourself as an opportunity provider. Your limitation is just on your mind.
• Passive Investing Introductory Call – Download Your Free Passive Investing Guide and Schedule Your Passive Investing Call Today. (Sorry! This gift was active when this episode was first published in 2022. This resource is no longer available.)

[27:25] – Thank you to our sponsors!

• HighLevel: The ultimate all-in-one platform for entrepreneurs, marketers, coaches, and agencies! Learn more at HighLevelFire.com!
• 50: Join JLD on his free ’50 days to something’ video series on YouTube and create something special in 50 days!

Killer Resources!

1) The Common Path to Uncommon Success: JLD’s 1st traditionally published book! Over 3000 interviews with the world’s most successful Entrepreneurs compiled into a 17-step roadmap to financial freedom and fulfillment!

2) Free Podcast Course: Learn from JLD how to create and launch your podcast!

3) Podcasters’ Paradise: The #1 podcasting community in the world!

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