Bait and Switch - Oscar and German Buendia
Episode description
I have the pleasure of talking with Oscar and German Buendia of the GoodDay Capital. Oscar and German own 1.5 million dollars worth of assets distributed to over 20 multifamily units. They bring years of experience in leadership and management to real estate investments. Today, they will share their multifamily missteps and the processes to address them.
Let's dive right in and get expert advice on real estate investing!
[00:01 – 04:59] Opening Segment
- Let’s get to know Oscar and German Buendia
- How to get in touch with Oscar and German
- They talk about their path to multifamily
[05:00 – 13:10] Higher Number, Easier Funding
- Oscar shares the first big lesson in real estate
- They share the multifamily misstep they experienced
- Proper documentation is a must
[13:11 – 24:04] Due Diligence
- Listen to their plans to venture into larger multifamily deals!
- They talk about the power of social media to build an investor base
- The mistake they made with good people
[24:05 – 26:32] Closing Segment
- Hear words of wisdom from Oscar and German!
- Final words from me
Tweetable Quotes:
“If [a property is] so mismanaged, we have an opportunity and upside here to turn it around.” – Oscar Buendia
“We have to stick to the plan. We cannot deviate just because of excitement.” – German Buendia
Resources mentioned:
Connect with Oscar on LinkedIn and Facebook. You can also reach out to German via LinkedIn, Facebook, and Instagram. Visit their company’s website https://gooddaycapital.com/ and check out their LinkedIn and Facebook pages. Listen to their podcast.
Learn more about Myers Methods of Multifamily Investing: http://bit.ly/37u6oK3
Register for Myers Methods Multifamily Investing Course: https://bit.ly/37iozkB
Learn more about the Mid-Atlantic Multifamily Conference: https://bit.ly/2V7SlCC
Are you feeling overwhelmed with Multifamily deal analysis? Are you uncertain about the right investment? Christy is an expert underwriter and mentor and wants help you on your journey! Visit her website at www.ChristyKeeton.com to book a discovery call now.