Jesse Fragale approaches real estate from multiple angles. Based in Toronto, he started his investing career in student rental properties before transitioning into multi-family investments. His day job at Avison Young focuses on the brokerage side of commercial real estate. He and Lance break down the unique challenges of investing in Canada versus the U.S., including stricter rent controls, a more conservative financial environment, and lower transaction volume. Buy-and-hold is the chief strategy, and Lance and Jesse dig into how value gets added and deals get structured
Jesse Fragale is a commercial real estate broker and investor. He started investing in student rental properties a little over ten years ago. As his passion for investing grew, he began investing in single-family homes and condos. Following this, he transitioned to investing in multi-family apartments, and that is his focus today. In this episode, Jesse shares his on-the-go attitude of going after deals of “If people can do it, I’m pretty sure I could do it.” He shares the mindset of getting scared and doing it anyway. As to him, the deals that he is so most proud of are the ones that he was scared of closing on. And look where it has gotten him now — not only stretching out of his comfort zone but also stretching out on to far better deals out there. Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/ What you’ll learn in just 17 minutes from today’s episode: Find out how scalable multifamily deals are Learn how to live a lifestyle you want and not just live every day punching a card around a specific job Find out how to have the mindset of acting on your fear and becoming successful Resources/Links: http://www.jessefragale.com/podcast Topics Covered: 01:01 – Transitioning from single-family homes to multi-family properties 03:51 – Becoming a broker after years of investing in real estate and what advantage it has given him in running his real estate business 05:29 – Sharing how his first multifamily deal went about 07:33 – How he raised capital for his multifamily deals 09:21 – How did the idea of real estate investing kicked in for him, and who influenced him to pursue it 11:30 – Why his first deal was a student rental property, and how did he do it despite only nineteen then at the time 13:33 – What could be the reason why he sees opportunities and go after them while others do not 14:59 – What mindset has got to do with deals he is most proud of 17:45 – How socializing with like-minded people and listening to podcasts help him in his real estate business Key Takeaways: “The move to apartments was the scalability of it. And then I think it was my exposure to the fact like you mentioned, I’m a broker, and my partner, he is a broker specifically in multifamily. So, when you start seeing people do 20, 30, $50 million deals, all of a sudden, the one to five start looking pretty reasonable and achievable.” – Jesse Fragale “I was thinking how does my Dad’s friend afford those big cars. I found out that he owned like 25 single-family rental properties. And that was kind of my first window into this idea that you don’t have to go punch a card every day or have a specific job, you can actually be a business owner or be a landowner.” – Jesse Fragale “It wasn’t till years later in university that I saw that friends of mine were renting out places to other friends that they lived with and sometimes your buddies, their parents buy a house in a student residential town, and then they rent out to their friends. So, once I saw that, it kind of all clicked.” – Jesse Fragale “I think the thing that I try to tell people getting into real estate is kind of push yourself to think that there are certain deals that you think you can do right now where you don’t think you can do. And you really can actually go a couple of steps further past that point of comfort.” – Jesse Fragale “The reality is, once you start seeing yourself as having the ability to buy a seven-unit — that means maybe going out to see it, walking the building, going with the agent having those conversations. It becomes more and more part of your DNA or part of your identity.” – Jesse Fragale “I know it sounds somewhat far-fetched, but I found that I have always been most proud of deals, looking back. And it’s been the ones that I was the most uncomfortable and slightly scared about closing on.” – Jesse Fragale Connect with Jesse Fragale: Jessefragale.com Instagram LinkedIn Twitter YouTube Connect with Dave Dubeau: Property Profits Podcast www.davedubeau.com www.investorattractionworkshop.com Facebook LinkedIn Enjoyed the Podcast? Please subscribe on iTunes for updates
672: How To Find Creative Financing for Real Estate with Jesse Fragale - Episode 672
Investing in Real Estate with Clayton Morris | Investing for Beginners
What do you think of when you hear the term creative financing? If you're a new investor, you might feel a sense of hesitation or fear. But the world of creative financing is not as scary as it seems, and it can yield incredible results for your portfolio. Today's guest, Jesse Fragale, is here to share multiple ways you can access creative financing. Jesse is a fellow podcaster and real estate investor who shares simple, straightforward, and effective strategies for building wealth via real estate. On this episode of Investing in Real Estate, Jesse is covering seller financing, hard money loans, private lending, and more!
Episode 126: Commercial Investment Strategies with Jesse Fragale
Breakthrough Real Estate Investing Podcast
Here’s What You’ll Learn in our Interview with Jesse: Strategies for buying multi family properties Investing in commercial properties How the commercial investment world has changed in 2020 The importance of great mentors And much, much more!Jesse Fragale - a commercial real estate broker and investor - started investing in student rental properties a little over ten years ago. As his passion for investing grew, he began investing in single-family homes and condos. Following this, he transitioned to investing in multi-family apartments and that is his focus today.Through his YouTube Channel, Podcast and Bigger Pockets Contributions, he hope's to provide you with simple and straightforward real estate advice and education no matter what investing experience you have.When he's not in front of the camera, you can find him in Toronto playing a few licks on guitar, enjoying the roar of a beautiful engine or spending time (read: eating) with friends and family.Get In Touch With Jesse: Website InstagramEmail: email@example.com
#48 with Jesse Fragale: How to Utilize Social Media to Scale Your Real Estate Business
Millennial Millionaire Real Estate Podcast
In this episode, Jonathan Farber interviews Jesse Fragale on his path from his first house hack in college to crafting a nationwide portfolio across Canada. Jesse is a real estate agent and investor in Toronto utilizing social media to drive his business. In this episode, we delve into topics like investing in multifamily real estate, networking to boost your business, growing your network through content creation, and more! Top Takeaways: How to start investing in multifamily real estate - 26:00 - 33:45 Determine your goals and your desired level of involvement Get boots on the ground and meet with property managers in the area for expertise Do the work to figure out the numbers and decide if it can work How networking can boost your business - 41:00 - 46:45 Putting yourself in an environment with like-minded people will create connections Your second and third connections can be an unexpected opportunity Reaching out to connections you haven’t heard from grows your network How to use content creation to grow your network - 47:30 - 51:00 The more people you let know about your business, the more opportunity will find you Putting yourself out there is the hardest part Put forward your unique angle and you’ll attract more interest to yourself How to bring value to Jesse Fragale: Share and engage with his content Resources: Jesse Fragale on YouTube Book by Frank Gallinelli: What Every Real Estate Investor Needs to Know About Cash Flow Social Links: biggerpockets.com/blog/contributors/jessefragale avisonyoung.com/professionals/-/ayp/view/jesse-fragale/in/toronto twitter.com/jesse_fragale Instagram: @jessefragale Connect With The host, Jonathan Farber Here! LinkedIn: https://www.linkedin.com/in/jonathanfarber1/ Instagram: @jonjfarb FaceBook: https://www.facebook.com/jonathan.farber.9 Facebook Group: Real Estate Mentorship Mastermind BiggerPockets: https://www.biggerpockets.com/users/JonathanF29 Schedule a time to talk: https://calendly.com/jonathan-farber/1-on-1-with-jonathan-farber-mmtr
Jesse is a real estate agent and broker working in the commercial space. He is also an investor with experience in student rentals, single-family rentals, and apartments. Jesse also gives some ideas on how being a real estate agent can help you find good deals and shares with you a specific line he uses to lock in good deals. Jesse Fragale Real Estate Background: A commercial real estate broker and investor 10 years of real estate investing experience Located in Toronto, Canada Say hi to him at: https://www.avisonyoung.com/ Click here for more info on groundbreaker.co Best Ever Tweet: “Noone is looking to sell but when you have an offer in front of them, maybe they are looking to sell.” - Jesse Fragale
WS290: Buying US Real Estate While Living Abroad with Jesse Fragale
The Real Estate Syndication Show
As a successful real estate broker and investor living in Canada, Jesse Fragale dive into the difficulties of finding deals in Canada and why he is now looking for apartments in the US. Jesse discusses how he had to change his mind about partnerships and how he is looking to syndicate US real estate even while living in Canada. After transitioning from student rentals and single-family homes to multifamily apartments, Jesse has grown to learn the ins and outs of this part of the industry. He is a wealth of knowledge about commercial real estate as you will hear in this episode.
220: Student Rentals, Multifamily, & the Silent Cash Flow Killer with Jesse Fragale
BiggerPockets Real Estate Podcast
#220: Student Rentals, Multifamily, & the Silent Cash Flow Killer with Jesse Fragale
BiggerPockets Real Estate Podcast
Many people buy real estate hoping to make great cash flow. But all too often that cash flow is quickly eaten away by a silent but deadly thief. In this episode of the BiggerPockets Podcast, Josh and Brandon sit down with real estate investor Jesse Fragale to hear his story and learn more about how this silent killer can eat away your profits if you don’t analyze a deal right. You’ll also learn how Jesse found a way to invest in a crazy expensive market, as well as tips on using partners, scaling to larger properties, and the worst pickup line Jesse has ever used!