Adding Value through Highly Efficient Management with Steven Weinstock, Ep 98

Journey to Multifamily Millions

Today's guest is Steven Weinstock, he is a Principal with WE Capital. In real estate over 20 years, Steven provides secure, long-term investment opportunities to private investors.

In this episode, Steven shares his 20-year journey in real estate, starting with a single-family home in Trenton, NJ. He discusses his shift to multifamily properties, overcoming the 2008 financial crisis, and using creative financing techniques like seller financing.

Steven offers insights into his investment strategies, the importance of self-managing properties, and scaling up in markets like Cleveland and Louisville. He emphasizes long-term investment, cash flow, and balancing work with personal time.

Episode Topics

[01:08] Meet our guest, Steven Weinstock
[01:28] The Early Days: Breaking into Real Estate,Creative Financing, and Scaling Up
[08:58] Surviving the 2008 Financial Crisis
[12:34] Transitioning to Multifamily and Commercial Properties
[17:39] The Importance of Market Selection and Management Strategy
[22:23] Insights on Partnerships and Property Management
[29:48] What is one red flag every investor should look out for?
[30:48] What is a myth about the real estate business?
[34:25] Connecting to Steven

Notable Quotes

• "Seller financing became my friend. I tried it with a couple of brokers." -Steven Weinstock
• "It's all about finding solutions to problems, I think at the end of the day." -Tim Little
• "The availability of knowledge and networking nowadays is such a huge advantage." -Tim Little
• "Sometimes the older investors really know how to appreciate the tax benefits." -Steven Weinstock
• "I really like to buy turnkey properties and add my aggressive management." -Steven Weinstock
• "Appreciation is nice to have, it's the icing on top." -Tim Little

👉Connect with Steven Weinstock

• LinkedIn: Steven Weinstock
• Website: WE Capital
• Email: [e-mail]
• Telephone: [phone]

👉 Connect with Tim

• Linkedin: Tim Little
• Instagram: @tim_at_zana
• Email: [e-mail]
• Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
• Get your Passive Investor's Cheat Sheet FREE

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https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497