#043 Automation and Delegation to buy $500 million+ of real estate, with Rohun Jauhar of JT Capital

Let’s talk about leverage. Today, building leverage to run a real estate private equity firm. Today’s guest is someone I should have been friends with a long time ago. (We have very overlapping lives.) I’m psyched to be making up for lost time. Rohun Jauhar is the co-founder of JT Capital, a super-efficient real estate private equity firm. JT Capital has purchased over $500 million of real estate in the multifamily space. Rohun talks a lot about how automating, eliminating, and delegating has led to a better business and a better life. Rohun talks about his use of EAs (executive assistants) and VAs (virtual assistants) in his business and personal life. Rohun also talks about lessons learned from his past work experience at Facebook, GE, and McDonalds. Chapters: 00:00 Why Eric and Rohun Should have been friends 10 years ago 02:20 Rohun’s Heroes & family dynamic 09:14 Journeying into Real Estate 14:42 Getting Reps: Underwriting Deals 20:47 The importance of scale 24:04 What is the order of operations for buying a deal? 27:07 How did you find your partners for JT Capital? 29:16 Did your uncle pay you for your apprenticeship? 31:15 What kind of expense ratios are you getting with these large deals as opposed to smaller properties 34:21 What was your vision for building the company? 37:22 Were you thinking about leverage at all in this process? 41:16 Was there anything you brought with you from your career in tech into the RE industry? 44:39 How are you using EA’s and Virtual assistants in your business? 58:54 Is there anything in your business that cannot be automated or delegated? 1:04:36 How has your life changed after making this investment? 1:07:26 How do you balance having partners when you’re structuring your career around freedom? 1:10:05 How do you compare the pressures of your job now vs. all the unique things you did before this? 1:15:43 What was the single biggest inflection point of your career? 1:17:31 Was there any…