39. Scaling with Out of State BRRRR Investing with Justin Munk

Join Blake Dailey, the Multifamily Journey Podcast host, with his guest Justin Munk as they talk about scaling out-of-state through the BRRRR strategy and finding the right people to execute it for you. Justin is the founder and host of The Money Maven Project Podcast, a top-rated podcast where he interviews leaders, entrepreneurs, and real estate investing experts. He started the Money Maven Project to share his and his wife’s real estate journey, from managing their first single-family property to acquiring several multifamily deals, and in turn, help others do the same. But along the way, Justin picked up the BRRRR method, which helped him transition from single-family to multifamily since then. Now, if you are looking to transition to commercial real estate, stay tuned and enjoy the episode! In this episode, you’ll learn: ● What got Justin into real estate, and how he learned about BRRRR investing. ● The economics of out-of-state deals and what goes into building an investment strategy for them. ● How to find the right people to execute your strategy while you invest long-distance. ● The importance of setting a system up from the beginning to streamline your team’s workflow, whether out-of-state or not. ● Why mentorship is essential when transitioning from residential to commercial real estate. ● And much more! About Justin Munk: Justin Munk is the owner and CEO of Alturas Acquisitions, leading the team to set the vision and road map to fulfill our mission and purpose. The company started in single-family buy-and-hold investing, acquiring properties in several states over the last few years. But eventually, they transitioned into more significant multifamily apartment properties focusing in Utah and Idaho. Meanwhile, Justin hosts the business and real estate podcast “The Money Maven Project,” where he sits down to learn from top business leaders, entrepreneurs, and thought leaders that have achieved great success. Outside of work, Justin loves to go hiking, hunting, and fishing, while spending time with family. Then again, while he does enjoy going out and into the mountains, he also enjoys staying in, reading books, and learning more about the world. You can find Justin Munk on: Website | LinkedIn | Instagram Connect with Blake Dailey and the Multifamily Journey on: LinkedIn | Facebook Account | Facebook Page | Instagram | Youtube