How to invest in real estate from a property management CEO - Business Insider

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How a financier turned property management CEO went from losing money on his first rental to raking up a portfolio worth $3.5 million and counting

Financier turned property management CEO Tony Julianelle has streamlined his real estate investing strategy over the last 20 years. About 20 years ago, Tony Julianelle lost money on his first property investment.

"A good market can even fix stupid," he said, "but if you're going to invest in a town of 6,000 people, you should probably live there for the rest of your life." In his time in banking, 401s and stock options were the focus of Julianelle's investments. "My wealth accumulation was in vesting over time and matching contributions," he said. "But that was income-based, not asset-based, and to be more asset-based creates a stronger foundation."

 

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