Josh Ferrari of Greenlight Capital joins lance to discuss how he got his start in real estate. His journey started 2 1/2 years ago when he bought his first multifamily property which was a fourplex. Josh shares his unique story about how he met his two business partners and emphasizes real estate investing as a team sport. Josh and his team enjoy operating in the value add space, because provides them with more control over the outcome. The three operate mainly in Alabama with the goal of acquiring 1,000 units!
This Week’s Guest
My name is Joshua Ferrari. I grew up not knowing anything about finances or investing. I always thought I was just going to work until I was 65, retire on a farm out in the country, and travel with my wife to see the world. I had no background in financial education and I seriously hated school. Yet, somehow the idea of investments caught my attention when I read that famous book titled “Rich Dad Poor Dad” by Robert Kiyosaki.
My eyes got big, my mind opened wide and I began diving into the idea of wealth creation. “How am I possibly going to ever make enough money to live the lifestyle I want and create a legacy and stability for my family?” Then I found real estate.
I specialize in raising private capital, locating, negotiating, & acquiring value-add multifamily assets, & teaching others how to follow in my footsteps.
I have grown to have a passion like no other for multifamily real estate. My journey started 2 and a half years ago when I bought my first multifamily property which was a fourplex. My experience throughout that journey has given me the needed expertise in managing contractors, subcontractors, and materials for multi-unit rehabilitations.
I have been a licensed Aircraft Technician for the last 3 years. The job of an Aircraft Technician is fun, and it requires meticulous attention to detail for the safety of the flight crew. I have never had any aircraft required to be reworked due to unsatisfactory work. My attention to detail allows me to be the expert needed to run these types of assets.
My ability to manage other people’s money as a financial coach positions me to be a high-class asset manager & financial investor. My ability to raise private money has gotten me the title of primary capital raiser at over $7,000,000 raised in my less than 3-year real estate investing journey.
I currently have over $13MM AUM which equates to 239 units in my portfolio.
I’m happily married to my wife, Alicia for over three years. We have a Pembroke Welsh Corgi named Pecan who loves traveling, eating, & chewing fingers. I’m an active member in my local church where I serve as the drummer on the worship team, and I teach investing and finances to local entrepreneurs wanting to get started in the space.