How to Get a 99% Edge in Your Real Estate Education with John Wei, Ep. 664


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Nov 26 2024 29 mins  

John Wei is the founder and CEO of Astutequity Holdings, LLC., a real estate investment firm headquartered in California. As CEO, he is responsible for developing and executing the company's long-term objectives, growth strategies, and initiatives as well as managing day-to-day operations.

As of 2024, Astutequity Holdings has acquired over $80 Million of assets and a little over 600 units. The firm focuses on capital preservation while striving to return strong, risk-adjusted cash on cash to investors. Astutequity capitalizes its projects with high-net-worth investors. Within the real estate industry, Astutequity specializes in value-added real estate and exhibits expertise in extracting maximum value from every asset it acquires. Rather than attempting to play cycle timing, the firm strives to acquire excellent apartment communities within well-located submarkets in Dallas Fort Worth.

In this episode, we talked to John about out-of-state property management, the importance of patience and consistency, his current real estate portfolio, and much more.

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Property Management;

02:19 John's background;

12:26 An insight into patience and consistency;

15:15 John's current portfolio;

15:56 An insight into out-of-state property management;

18:50 Tips on managing a real estate business;

24:15 Round of Insights

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Round of Insights

Apparent Failure: His investment on a 14-unit property.

Digital Resource: Podcasts.

Most Recommended Book: Best Ever Apartment Syndication Book.

Daily Habit: Working out.

#1 Insight for managing properties out of state: Having a trustworthy partner in the area is key.

Best place to grab a bite in Orlando, FL: Prato.

Contact John:

Website

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