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Ep 112: Caring for the Three Legs of Real Estate with Bruce B. Wuollet
Manage episode 312671380 series 3241171
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As Bakerson Founder Bruce B. Wuollet explains in this episode, your residents, investors, and your properties are the three legs that support your real estate business. Today we speak with Bruce about what he does to care for these three legs of real estate. We open our conversation by exploring Bruce’s start in the industry and why he transitioned from single to multi-family investing. After reflecting on why residents are so important to your business, Bruce gives listeners his tips on what you can do to foster community and safety for residents. We then touch on how Bruce appeals to repeat buyers and investors through adding value and conservative underwriting, where he looks for deals, and why you need to know the ‘why’ behind each of your investments. Bruce also shares his take on partnerships, the value of building relationships with the right people, and how you can survive a downturn by creating a robust investing model. Later, Bruce unpacks the best ways to break through bureaucracy when dealing with city officials. Throughout our discussion, Bruce presents hard-won insights that come from two decades of experience in the industry. Tune in to hear his real estate secrets.
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