What Are You Prepared To Do To Get Into Your First Multifamily Deal?

It’s been frustrating to find good multifamily deals lately. Despite best efforts, your first (or next) deal remains elusive. Are apartment buildings really the ticket to passive income and early retirement? Or maybe it’s you: others can do it (maybe), but can you? Do you have what it takes? And so you begin to question […]

You’re Not Getting Any Deals – How To Handle the Waiting Game

When I first got started with flipping houses, I got my first deal off my first postcard campaign. I thought I was a genius! Then my mentor reminded that me I probably got a bit lucky and that it takes most people 6-9 months to get their first deal. And sure enough, that 2nd deal […]

3 Steps to Get a Proof of Funds Letter for Your Next Multifamily Deal

We multifamily syndicators have it tough: we’re asked to make something happen without having all the resources (money and experience) ourselves. So when a broker tells us “the seller will entertain your offer but only with proof of funds” we’re stumped because we don’t HAVE the funds because we’re going to raise it and presumably […]

How To Purchase Apartment Buildings Without ANY of Your Own Money

I’ve written extensively on about raising money from others to get started with investing in apartment buildings. And others have written about creative financing to get into deals without any of your own money. But then there’s the sticky issue of what to do about the deposit money and due diligence costs. No one really […]

Are You Too Busy to Succeed?

Sometimes we’re so busy that we can’t see that we’re working harder, not smarter. The problem is that being busy can often get in the way of achieving our goals. I remember when I purchased my first apartment building I was spending an inordinate amount of time managing my property manager. I was spending hours […]

The 3 Habits of Top-Performing Apartment Building Investors

Many investors want to get into apartment buildings. They rightly view it as a way to achieve their financial goals, and they recognize that any other investing strategy (such as single family houses) will simply take too long. Some of those investors actually take action and invest in their education; perhaps they buy a course, […]

11 Best Practices to Follow for Peak Rental Portfolio Performance

In my Bigger Pockets article “3 Key Lessons for Avoiding The Dark Side of Passive Income” I make the case that no investment is or truly should be passive. The same goes for managing your rental or apartment building portfolio. While you don’t need to be involved on a day-to-day basis, you need to establish […]