Real-estate investor Guido Nunez has built a portfolio of 150 units across multiple multifamily properties. He shares the refinancing and tax strategies he's used to continually snowball his wealth.
He now has 150 units across multiple states.Guido Nunez's mother has always tried to impart wisdom to him when it comes to how real-estate can be used to build life-changing wealth. But for years, Guido wasn't interested in real estate. He wanted to focus on his career in consumer products instead. "I kind of figured out that when you get laid off, you don't own your path," he said."Somebody owns that and makes those decisions for your future, for your family.
That brought the property value from $1.35 million when he bought it to $3 million, he said. It also raised rents substantially because the units were nicer. For example, he said he was able to raise rents for one-bedroom apartments from $895 to $1,600 on average.
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