MISR EP63: Shifting Gears on the Fly amidst Uncertainty

Jim Biggs has been an entrepreneur for the larger part of his life after serving in the military. He is a Partner at Jiroma Enterprises, which is an apartment syndication group investing in real estate assets across the country. Jim is a powerhouse of knowledge and experience, having been in the business for more than 22 years, experienced many economic cycles and closed multiple deals. In this episode, Jim shares his key takeaways from a deal he went into contract in on December 25th, 2019. He walks us through five months of him and his team feverishly working to close the deal amidst uncertain and rapidly changing economic conditions. He goes into detail about his mindset on some of the critical variables that changed, including the business plan, property management company, lender and more. You don’t want to miss this one!

Contact:

LI: https://www.linkedin.com/in/jimbiggs1/