2 - Barry Rogge’s Journey into Commercial Real Estate

Description:

In this conversation, Paul David Thompson and Peter Conti, were joined by Barry Rogge, a commercial real estate investor who transitioned from single-family homes to multifamily properties. Barry shares his experience of diving into the world of commercial real estate, navigating unique challenges like creative financing, property repairs, and even beekeeping! Tune in to hear how Barry's perseverance and strategic thinking helped him acquire 34 units in less than a year, all while developing a balanced approach to real estate investing.

 

Takeaways:

• Understanding the local market is crucial for investment success.
• Financing strategies can include creative solutions like loan stacking.
• Property management comes with its own set of challenges.
• Networking and marketing are essential for finding deals.
• Negotiating price reductions is a viable strategy in real estate.
• Wholesaling can provide quick capital for further investments.

 

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About the Guest:

Barry Rogge is a commercial real estate investor based in Ocean Springs, Mississippi. Originally from Louisiana, Barry transitioned from owning single-family homes to multifamily properties and has quickly scaled his portfolio. With a background in project management for heavy industries and engineering, Barry brings a strategic and analytical approach to real estate. Despite encountering challenges like high insurance costs and property repairs, he has continued to find success through creative financing and off-market deal sourcing. When he's not closing deals, Barry enjoys travel and is preparing for an exciting trip to Japan.