Using Single-Family Investing Rules (2%, 50%, 70%) the Analyze Apartment Buildings
if you’ve completed a successful transaction or two in the single-family world, you’ve probably relied on some tried-and-true rules of thumb – the 2% rule, the 50% rule, and the 70% rule – to help you quickly assess deals and figure out whether they’ll have cash flow.
MB413: Removing Obstacles to Your First Multifamily Acquisition — With Jeremy Lemere
You don’t know what you don’t know. And if you’re doing your very first multifamily acquisition, every little thing that comes up can seem insurmountable. Listen in as Jeremy Lemere explains how a mentor can talk you through roadblocks, prevent rookie mistakes, and alleviate your concerns as an aspiring real estate investor!
Introducing Young Deal Maker – Cody Davis!
Whether you’re going through college, whether you’re going through multifamily, neither way is going to get you rich overnight. With that said, one other question you should ask is What’s the game you really want to play in the long term? Do you want to be in a professional career that you’re going to go to every day? Or do you want to be a multifamily investor?
MB 257: Achieve Financial Freedom Before You Turn 21– With Cody Davis
We’re told that without a college degree, we can’t earn good money. But Cody Davis realized he didn’t need earned income if he could make passive income with multifamily real estate. Today, Cody explains how he built a portfolio of 24 units by the age of 21—without using any of his own money!
How I Bought an Apartment Building Without My Own Money
This is my story about how I bought a 12-unit apartment building with money raised from private individuals. Lessons Learned from a Deal Against all Odds and a Nightmarish First Year. Don’t make the same mistakes as I did and learn how to raise money to buy your first apartment building.
3 Methodologies for picking the Best Areas for Apartment Building Investing
With the market so hot, many investors are looking outside their own backyards in search for multifamily deals. But where to look?
4 Non-Negotiable Rules For Buying a Negative Cash-Flow Property
You’re considering buying a deal with negative cash flow because you like the upside. My first response is, “NO, don’t do it!” This is because I view this as an advanced strategy and not for the faint of heart or the newbie. However, sometimes there are good reasons to take on a negative cash flow […]
6 Common Excuses That Keep You From Investing (& How to Banish Them!)
One of the key factors that prevents people from taking action is making EXCUSES. Here are the 6 most common excuses so that you can recognize and overcome them. Many investors think that they need to quit their job to get started in real estate. Not true! Many investors successfully build large portfolios over the […]
5 Tips to Use Visualization to Become a Successful Real Estate Investor
You can acquire all the knowledge in the world about real estate investing, but chances are, you still have trouble seeing yourself doing the kind of deals you want. This is because our minds tell us that this isn’t possible, that we’re not good enough, that we’re too young or too old, that we don’t […]
3 Ways to Deal With Real Estate Risk Without Letting it Paralyze You
As real estate investors, we recognize that we need to take risk in order to reap any rewards. But how should you go about dealing with this risk? What’s too risky, what’s an educated risk, and when are we not taking enough risk? In this article I give you my thoughts on how I deal with […]