JS 106 – Australians Love US Real Estate! with Reed GoossensApril 16th, 2016 by Adam S | Comments Off on JS 106 – Australians Love US Real Estate! with Reed Goossens
Reed Goossens is a real esate entrepreneur and founder of RSN Property Group. As a native Australian, Reed moved to the U.S to pursue his career. A qualified structural engineer and project manager, Reed has been involved with large-scale commercial construction and real estate development projects worth over $500 million since 2007; in Australia, the United Kingdom, and the U.S., including the London 2012 Olympic Games. After gaining valuable experience working in the engineering and construction industry, Reed decided to pursue his passion for real estate development and investing by starting RSN Property Group.
Throughout recent years Reed has developed his personal portfolio of solid cashflow investment properties. He believes now is the time to enhance and utilize the power of syndication investing to purchase apartment communities across the U.S. Reed’s commitment to the development of a structured approach to researching, acquiring and managing investments provides the basis for RSN’s sound operating system.
Reed and Jason discuss the US market, finding the right deals, how things get done and more.
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[2:36] The differences between US and Australian real estate
[5:17] Reed’s target properties
[7:18] The markets Reed likes and where he’s invested
[9:56] Looking at the costs associated with large multi-family purchases
[13:24] Reed’s 4 P’s
[16:19] Where you’re going to actually find the deals and what kind of talk should make you leery
[19:59] Reed’s first deal under contract, how he lost the deal, and how it came back
[23:29] Getting money for your first loan