JF3098: A System for Targeting Short-Term Appreciation ft. Mark Updegraff

<p>Mark Updegraff is the founder of Updegraff Group Realty Services, a suite of companies that broker, manage, and provide GC services, as well as Raze Capital, a commercial real estate syndication company. After getting laid off from his job making $70,000 a year in tech, a poor experience with a realtor prompted him to become a real estate broker. From there, he began purchasing distressed assets, eventually scaling into larger assets, including multifamily syndicating.</p> <p>In this episode, Mark discusses his tech background, how he follows local trends to position himself for short-term appreciation, and his approach to choosing and retaining employees and partners.</p> <h2>Mark Updegraff | Real Estate Background</h2> <ul> <li aria-level="1">Founder of Updegraff Group Realty Services and Raze Capital</li> <li aria-level="1">Portfolio: $40MM AUM</li> <ul> <li aria-level="2">One- to four-family rentals</li> <li aria-level="2">Multifamily </li> <li aria-level="2">Mixed-use</li> <li aria-level="2">Commercial</li> <li aria-level="2">Industrial</li> </ul> <li aria-level="1">Based in: Rochester, NY</li> <li aria-level="1">Say hi to him at:</li> <ul> <li aria-level="2"><a href="http://markupdegraff.com/" target= "_blank" rel="noopener">markupdegraff.com</a></li> <li aria-level="2"><a href="http://linkedin.com/in/updegraff" target="_blank" rel="noopener">LinkedIn</a></li> </ul> <li aria-level="1">Best Ever Book: <a style="font-style: italic;" href="https://www.amazon.com/Fountainhead-Ayn-Rand/dp/0451191153" target="_blank" rel="noopener">The Fountainhead</a>, by Ayn Rand</li> <li aria-level="1">Greatest Lesson: Kindness will fuel your business growth more than hard work or luck.</li> </ul> <p> </p> <p><strong>Click here to learn more about our sponsors: </strong><a href="http://mfincon.com" target= "_blank" rel="noopener">MFIN CON</a></p>