Multifamily real estate investing can turn anyone into a multimillionaire - but only if you buy the right deals, achieve the right cash flow, and run your business the right way!
In this groundbreaking first volume of the Multifamily Millionaire series, experienced real estate investors Brandon Turner (cohost of The BiggerPockets Podcast and author of The Book on Rental Property Investing) and Brian Murray (author of Crushing It in Apartments and Commercial Real Estate) share the exact, step-by-step blueprint you need to get started with small multifamily real estate. No matter how much cash or experience you currently have, this book will take you on a journey through buying your first multifamily investment property and give you a framework for turning that single investment into long-term financial freedom.
Millionaires are created every day. Isn’t it time you joined their ranks? It won’t happen overnight and it won’t always be easy, but the Multifamily Millionaire series will make sure it happens sooner than you ever thought possible!
Inside this book, you’ll discover:
How to create a million-dollar net worth in five years using the Stack method
The seven different types of small multifamily real estate and which make the best rental properties
How to quickly and accurately analyze your multifamily investment property, whether it has two units or 20
Three creative no- and low-money-down strategies that work in any market
A game-changing algorithm for estimating your ongoing repair and reserve expenses
The powerful Multifamily Millionaire Method, which shows you how to create a million dollars in net worth from one single deal
Six off-market acquisition strategies to help you land incredible deals, even in a competitive market
How the BRRRR strategy can help you supercharge your small multifamily portfolio
Detailed instructions for managing your growing portfolio (hint: five-star tenants!)
And so much more