How Do You Scale your Multi-family Business?

When we started investing in multifamily, we relied on property managers to handle construction.

As the business grew, we hired GCs to run construction projects with little oversight on our part. And got very mixed results.

That’s when we realized that if we wanted to scale our multifamily portfolio, we needed an in-house team. But how do you build a construction arm for your real estate business?

Jorge Abreu is Cofounder and CEO of Elevate Commercial Investment Group, a multifamily firm based in Dallas, Texas, and Founder of JNT Construction, the in-house construction arm of Elevate CIG.

With 15 years of experience in real estate, Jorge has acquired a portfolio of nearly 7,000 units worth more than $500M.

On this episode of Financial Freedom with Real Estate Investing, Jorge explains why he started his own construction company and how JNT gives Elevate a competitive advantage.

Jorge walks us through the process he used to build an in-house construction business, describing what he looks for in a project manager and how he leverages software to hold the team accountable.

Listen in for Jorge’s insight on the importance of construction contracts and learn how an in-house construction team can help YOU scale your syndication business!

Key Takeaways 

Why Jorge started his own construction company

What issues Jorge ran into before he started his own construction company

The process Jorge used to build his own construction company

How a construction arm gives Jorge a competitive advantage

What Jorge looks for in a project manager

Why interiors are the hardest part of construction

How Jorge tracks construction and holds project managers accountable

How Jorge curbs change orders

The importance of construction contracts

Connect with Jorge Abreu

Elevate Commercial Investment Group

Elevate CIG on YouTube

Jorge on LinkedIn

Jorge on Instagram

Email [email protected]

Connect with Michael Blank

Michael on Facebook 

Michael on Instagram 

Michael on YouTube 

Michael on TikTok

Apartment Investor Network Facebook Group 

Email [email protected]

Podcast Show Notes

Related Articles

How Important is Construction in Your Business?

How I Got Started in Real Estate

Understanding the Multifamily Market Cycle

Resources

Join the Nighthawk Equity Investor Club

Learn More About Michael’s Mentoring Program

Listen to the Replay of Deal Maker Live

Access Michael’s Free Resources in the Freedom Vault

Review the Podcast on iTunes

Financial Freedom with Real Estate Investing by Michael Blank

Podcast Show Notes

Jorge on Financial Freedom with Real Estate Investing EP242

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