Building Blocks to get to the Ultimate Goal with Chris Grenzig

Listen to the Episode (27:05)

Chris Grenzig, the Founder of JAG Communities is based in Jacksonville, Florida. He started investing in real estate in 2016 by attending the flip houses in New York and after buns of failing, he attended out-of-state flips purchasing tax deeds and finally found his putting in multi-family.

Chris’s joint ventured on just over 100 units before joining Toro Real Estate Partners as their head of Flora operations. They purchased 4,000 units for 300 million dollars with 1,000 units in Flora over a period of roughly four years. Chris left Toro in November of 2020 to start his own company which owns and manages small to mid-sized apartment complexes in Jacksonville.

[00:01] – [08:04] Opening Segment

Let’s get to know Chris Grenzig
Chris talks about his background
First introduction to real estate
Knowing the outcome to get to the goal

[08:05] – [23:11] Building Blocks to get to the Ultimate Goal

Building blocks to get to the goal
Primary focus aside from multi-family asset
Jacksonville and existing multi-family
Development and Storage
Funding the deals
Clarifications on leaving the two units vacant

[23:12] – [26:43] Closing Segment

Chris’s advice to aspiring investors
Understand that some things move a little bit slower
How he stays on top of his game
His way to make the world a better place
How to reach out to Chris – links below
Final words

Tweetable Quotes:

“I firmly believe that time in the market is better than trying to time the market.” – Chris Grenzig

“A lot of things that you think are gonna happen super quick are gonna take a lot longer, and a lot of things that you think are gonna take super longer are gonna happen like quicker.” – Chris Grenzig

“Some things move a little bit slower.” – Chris Grenzig

Resources Mentioned: