JF2889: Hidden Perks of D-Class Value-Add Investing ft. Craig Berger

<p><span style="font-weight: 400;">Craig Berger is the founder and CEO of Avid Realty Partners, which buys, owns, renovates, and eventually sells multifamily apartments along with other commercial realty assets. He is a GP of 1,149 units and is based in Manhattan, NY. In this episode, Craig shares about the struggles and wins of investing in what he refers to as class D- properties, his criteria for what makes a great deal, and the importance of diversifying your portfolio across asset classes and markets.</span></p> <p><strong>Craig Berger | Real Estate Background</strong></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Founder and CEO of Avid Realty Partners, which buys, owns, renovates, and eventually sells multifamily apartments along with other commercial realty assets.</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Portfolio:</span></li> <ul> <li style="font-weight: 400;" aria-level="2"><span style= "font-weight: 400;">GP of 1,149 units</span></li> </ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Based in: Manhattan, NY</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Say hi to him at:</span></li> <ul> <li style="font-weight: 400;" aria-level="2"><a href= "https://avidrealtypartners.com/"><span style= "font-weight: 400;">avidrealtypartners.com</span></a></li> <li style="font-weight: 400;" aria-level="2"><a href= "https://www.linkedin.com/in/craig-berger1/"><span style= "font-weight: 400;">LinkedIn</span></a></li> </ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Best Ever Book:</span> <a href= "https://amzn.to/3bdnMHF"><em><span style= "font-weight: 400;">Building an Elite Organization</span></em> <span style="font-weight: 400;">by Don Wenner</span></a></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Greatest lesson: There are no shortcuts to building a real estate platform. It requir