Join Nick Lamagna as he sits down with guest John Geldert, who is a former construction worker turned real estate investor from Long Island! John currently owns 85 doors and is a Limited Partner on an additional 460 units and counting! He started investing when he lived in his parents basement and worked himself out of his 9 to 5 gig going full time into real estate and even starting his own successful company GMG Home Inspections.
He has made money doing all kinds of different exit strategies over the years building up a lifetime of experience and hands on knowledge which he has taken to now scale up into multifamily real estate investing. Always a great time talking to fellow Long Islanders who are making big moves in the industry!
Topics for this episode include:
✅ How to make enough money in real estate to quit your day job
✅ Hard Money vs Private Money
✅ What is the difference between deferred maintenance and capital expenses (Capex)
✅ How to go from investing in single family homes to multifamily buildlings
✅ The unavoidable reality of paying for mentors
✅ What is a Limited Partner vs General Partner (LP vs GP)
✅ What’s the best pizza on Long Island ➡️ More!
See the show notes to connect with John!
Thank you to Chris Cianciulli and Connexx for linking us up and many others! Check them out
Text Nick today to do some real estate deals together whether you are new or experienced at (516) 540-5733
Check out the affiliates page in our bio link to contact Maryann at Nationwide Business Capital Group to get some money for your real estate deals!
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