Groundbreakers: Episode 33 - Jefferson Ortiz, Founder of Ortiz Equity Group

Groundbreakers: Episode 33 - Jefferson Ortiz, Founder of Ortiz Equity Group

The thirty-third episode of Groundbreakers Podcast by Homebase! Listen in for an amazing interview with Jefferson Ortiz, Founder of Ortiz Equity Group

Domingo Valadez

Oct 15, 2024

Podcast

Episode Summary

In this episode of Groundbreakers, Jefferson Ortiz, founder of Ortiz Equity Group, shares his inspiring journey from immigrating to Canada to building a $40 million multifamily real estate portfolio. Jeff discusses how he started in wholesaling before transitioning into multifamily investing, and how mentorship played a crucial role in his rapid success. He dives into his approach to creative financing, market selection, and value-add opportunities, offering listeners valuable insights into scaling a real estate portfolio.

To listen to this episode, follow this link to Groundbreakers on Spotify!

Key Points Discussed

• From Wholesaling to Multifamily: Jeff’s transition from wholesaling real estate deals to investing in multifamily properties, and how he leveraged his early experience to scale his portfolio.
• The Power of Mentorship: How mentorship helped Jeff complete 35 wholesale deals in his first year and continues to drive his success in multifamily investing.
• Creative Financing Strategies: Jeff’s use of seller financing, fixed-rate loans, and other creative financing methods to close deals and optimize his portfolio’s growth.
• Market Selection and Demographics: Why Jeff focuses on low-vacancy, job-rich areas with strong economic diversity, and how the “Starbucks indicator” plays into his decision-making.
• Adding Value for Long-Term Success: Jeff’s approach to identifying value-add opportunities in multifamily properties, improving both tenant experience and investor returns.

Guest Information

• Name: Jefferson Ortiz
• Role: Founder at Ortiz Equity Group
• LinkedIn: Jefferson Ortiz
• Website: Ortiz Equity Group

Conclusion

Jefferson Ortiz’s story is a powerful example of how hard work, smart mentorship, and creative strategies can help scale a real estate business. His insights into financing, market selection, and long-term growth provide valuable lessons for both new and seasoned investors. Connect with Jeff on LinkedIn to learn more about his work and the vision behind Ortiz Equity Group.

DOMINGO VALADEZ is the co-founder at Homebase and a former product strategy manager at Google.