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Episode 42: He bought and sold a multifamily portfolio for massive profit during COVID-19!

Episode 42: He bought and sold a multifamily portfolio for massive profit during COVID-19!

Jonathan Bombaci
MLS

Back for part two is Jonathan Bombaci of Candor Realty. This time, he shares how he purchased a multifamily portfolio off the MLS for $1,890,000, appraised it at $2,356,000, and sold it off for $2,575,099 in just less than six months during the coronavirus pandemic.

Jonathan shares how they bought the multifamily portfolio with bank financing and how it was cashflow positive monthly. He also breaks down the FHA rule and shares a few tips to keep in mind on working with his strategy.

Jonathan Bombaci
MLS
Jonathan Bombaci

I am a financially independent real estate professional and team lead for Candor Realty powered by Pathways in North Chelmsford MA. I have decades of real estate, financial, and insurance experience. I have worked for many fortune 100 companies over my career in financial and technological leadership roles. I leverage my unique strengths to provide my clients with enormous competitive advantages in the real estate industry. I love 2 things in this wonderful world, my family and my clients. Once you work with me you will be part of my family and you will never have to worry about finding another real estate professional ever again.

I live in Northern Massachusetts with my wife Kristine. We love to travel and consider ourselves adventure seekers. We are financially independent and not reliant on real estate commissions to fund our very modest lifestyle. Nothing makes me happier than when I'm able to help people achieve their financial goals. I have found that most of my clients’ financial goals revolve around homeownership and so I figure the best way to help is to be their real estate agent? Since I do not rely on commissions to pay my families bills you can rest assured that I always behave with integrity and that I always put clients needs ahead of my own.

I have surrounded myself with the best team of real estate professionals. We leverage our with decades of experience to provide our clients with an unparalleled level of support and guidance throughout all real estate transactions. Please feel free to contact me if you have any questions or need any support, even if you are not in real estate my market. I offer free, no-obligation, real estate consultations and would be very happy to meet with you any day of the week.

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Episode 43: She invested as an LP to learn how to be an effective GP!

Episode 43: She invested as an LP to learn how to be an effective GP!
Episode 41: He paid off all his debts by renting out his first triplex!

Episode 41: He paid off all his debts by renting out his first triplex!