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 […]

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 […]

8 Awesomely Simple Ways to Maximize Your Apartment Building Profits

You’re probably already familiar with the power of commercial real estate. For example, if you’re able to increase rents by $50 and decrease expenses by $50 per unit per month and you have a 24-unit apartment building, you’ve increased the income of the property by $28,800 per year. Not that much, you say? It doesn’t […]

The 3 Habits of Successful Apartment Building Entrepreneurs

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, […]

The 3 Pillars of Real Estate Start-Up Mastery

Through over a decade of starting various business and now working with students who want to get started with apartment building investing, I’ve come to the conclusion that the only way you can master any new skill, start any new business, or change anything meaningful in your life is to address each of the following three […]

Don’t Be a “Real Estate Investor.” Instead, Empower Yourself By Doing THIS.

One of the biggest objections I hear from investors about getting into larger real estate deals like apartment buildings is that they don’t have enough cash or experience. So they limit their real estate strategy to their current abilities and resources. This is one of the biggest myths in the world of real estate investing. One […]

8 Simple Ways to Maximize Your Apartment Building Profits

You’re probably already familiar with the power of commercial real estate. For example, if you’re able to increase rents by $50 and decrease expenses by $50 per unit per month and you have a 24-unit apartment building, you’ve increased the income of the property by $28,800 per year. Not that much, you say? It doesn’t seem […]

2 Clever Negotiation Tips to Get More Deals Under Contract

It’s ideal to negotiate directly with the seller in person. You should always work to try to arrange that whenever possible. This allows you to establish rapport and more quickly talk through different scenarios to try to reach an agreement. Most often, however, the broker will make sure you don’t get the chance to do […]