Unveiling Real Estate Strategies: Duc Ong's Wisdom on Business Blueprint Podcast

Business Blueprint Podcast hosted by Dearonne Bethea

In this episode, host Dearonne Bethea engages in a compelling conversation with Duc Ong, the CFO of Tri City, a real estate firm specializing in multifamily properties. Together, they explore the intricacies of real estate investment strategies, from analyzing job markets and loan types to discussing the impact of recourse and non-recourse debts. Discover how Duc Ong's journey from teaching high school math to delving into real estate led to the establishment of Tri City, managing millions in assets and achieving impressive returns for investors.
00:00 Private equity real estate firm, specializing in multifamily.
05:18 Accelerate assets, qualify, invest, leave day job.
09:06 Bob and I made multifamily deals happen.
10:47 Interest rates impact property values in substantial ways.
13:16 Acknowledgment of asset manager Vince's leadership impact.
19:03 Join us, no risk, reach out.
20:36 Real estate market trends in Texas summarized.
25:46 IRR measures return accounting for time, money value.
29:10 Discussion of investor protection and legal structures.
30:11 Reg D, 506 B and 506 C offer exemptions.
33:08 Leverage real estate for gains, dividends, tax benefits.
36:11 Low property management standards led to new company.
40:41 Annual Hawaii Millionaire Mindset Blueprint Conference summary: Focus on scaling businesses, investing wisely, tax strategies.
42:56 Informative business podcast sign-off with gratitude.

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