Boston and Small Multifamily w/ Willie Mandrell

Boston and Small Multifamily w/ Willie Mandrell

There’s a lot of value in being rooted in the town you’re investing in. You can keep a close eye on things, operate with excellence, and your portfolio will excel as a result. With this kind of base, you can then expand your operations thoughtfully and successfully. This is what today’s guest is doing. Willie J. Mandrell is a self-made multi-millionaire real estate investor, broker, coach, lecturer & author. As a buyer, seller, and broker he’s been involved with well over 200 million in real estate transactions. He has been featured in numerous trade magazines and he is a frequent guest on real estate and wealth related podcast, television, & radios shows across the US. Willie is the author of Cash Flow Secrets, a book on real estate investing & finance tips most people are never taught but need to know. We discuss the city of Boston, what makes it tick, and what it looks like to invest successfully in this type of market.

Key Points:

How and why Willie came into real estate (0:31)

How much should you allocate toward real estate and how much should you keep liquid? (4:06)

Willie’s favorite asset class (6:55)

Willie’s preferred investment, and how he applies the BRRR Strategy (8:02)

Willie shares his views on the Boston market and what he sees going forward (9:37)

What will it take for Boston rental rates to recover (13:51)

What other major employers affect the Boston rental market? (16:31)

What’s next for the Mandrell Company? (17:21)

Resources:

The Mandrell Company YouTube – https://www.youtube.com/wmandrell

Cash Flow Secrets: Real Estate, Investing & Wealth Management Principles They Failed To Teach – https://www.amazon.com/Cash-Flow-Secrets-Management-Principles/dp/1734960906

Is your real estate portfolio running like a well-oiled machine? Do you know how you stack up? Find helpful resources here – https://mrcdmills.com/resources/

Learn more about The Haney Company here – https://www.thehaneycompany.com/

Know any new parents? Order them a copy of Legacy 101 here – https://www.amazon.com/Legacy-101-Practical-Christopher-Mills/dp/0692684050

More Skyline Views episodes – https://mrcdmills.com/skyline-views/

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Passion is an understatement when it comes to Christopher Mills and his desire to help families and family owned businesses. Chris has over 15 years of real estate experience as an investor, and has experience as a loan originator, property manager, and an agent. At The Haney Company, Chris specializes in working with individuals and organizations who have or desire real estate holdings and helping them map out and achieve their financial goals. His real estate experience helps him address the complexities and opportunities unique to real estate investors. His specialties include alternative investments, 1031 Exchanges, and liquidity solutions. Working closely with members of The Haney Company, attorneys, and CPAs, his clients are able to benefit from a comprehensive approach to each individual situation. Chris is the author of Legacy 101: A Practical Guide. He lives in Northern Virginia with his wife and 3 children. In his free time, he enjoys gardening, hiking, cooking, and classical music.