Jake Burhans holds multifamily properties long-term in New Hampshire and Maine while wholesaling deals for active income. Over the past four to five months he's completed several deals in Florida and takes a flexible approach to each opportunity, deciding whether to hold or wholesale based on what the deal offers.
Tell me more about you. You own properties, if I understand correctly, that you also hold.
Exactly. Yep. So we are— I'm originally from New Hampshire, actually. I live in St. Pete's myself now. We own a number of multifamily properties. That's kind of the endgame, right? We do some wholesale for kind of active income. But yeah, we own up in New Hampshire and then that's where all of our holdings are right now. New Hampshire, kind of Maine area. But we've been in this Florida market for probably 4 or 5 months. I've done a number of deals here. We'll start to look to buy properties down here as well because we do like Florida a lot. But yeah, it really depends on the deal. It's like we don't really go into anything with the intention of doing a wholesale or doing a hold. It really depends, hey, once we get the deal, what's on our plate, what makes the most sense? And then we go from there.
