How to Get Rich Buying Small Apartments | JD Schmerge E297

How do you get started in real estate investing and scale your portfolio over time? In this episode of The Rich Somers Report, Rich sits down with JD Schmerge, a multifamily broker and co-owner of Sabre Group, to discuss the strategies that have led countless investors to success. JD shares how he helped Rich close his first multifamily deal in Cincinnati—a pivotal step that set the foundation for his $80 million portfolio.

They dive into:

-The power of taking action, even on smaller deals, to build confidence and momentum.
-Why Cincinnati’s market, with high cap rates and steady rent growth, remains a strong investment choice.
-Practical tips for adding value to multifamily properties, from RUBS to reducing expenses.
-How to approach brokers, build credibility, and secure deals in competitive markets.

Whether you’re a new investor looking for your first deal or a seasoned pro exploring value-add strategies, this episode is packed with actionable advice to help you succeed in real estate.

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