In this episode, I’m sharing a case study for one of our most recent properties, “54 Niles” — a 54 unit apartment building that we bought off-market for $2.43M, and could now sell for over $4M in less than a year! The seller originally bought the building for $1.2M in July 2020 and only 6 months later, our commercial broker brought it to us with an asking price of $3M. Find out how we negotiated a better deal, raised rents to increase value, hired a property management firm to fill vacant units, mitigated risk, and created multiple exit strategies. If you want to get a behind-the-scenes look at our proven business model for creating million-dollar deals in real estate, you won't want to miss this video walk-through! Key Takeaways How one deal can literally change your life. The 5-step business model we use to create million dollar deals in real estate. The 10 pillars of risk mitigation when buying property. How we negotiated the seller down from $3M to $2.43 with a contract provision to improve 34 vacant units. How we leveraged a 3rd party property management company to fill all vacancies — and the fee we agreed to pay them. The scary moment when the building's occupancy dropped from 20 to 15 units. Raising rents, refinancing, and paying off the existing loan. Having the guts (and the business plan) to buy a building that’s only 40% occupied. The importance of building multiple exit strategies into your deal — and how this deal could make us over $1M in less than a year. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit https://acceleratedinvestorpodcast.com/207 Rate & Review If you enjoyed today’s episode of The Accelerated Real Estate Investor Podcast, hit the subscribe button on Apple Podcasts, so future episodes are automatically downloaded directly to your device. You can also help by providing an honest rating & review over on Apple Podcasts. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU! Connect with Josh Cantwell Facebook YouTube Instagram LinkedIn Twitter Sign Up For My Coaching Program! To unlock your potential and start earning real passive income, visit joshcantwellcoaching.com Get The Flip System Book! To get access to a free copy of The Flip System, visit getflipsystem.com/podcast