Thursday, August 19, 2021

496: Become a (Small) Multifamily Millionaire in 7 Steps w/ Brian Murray and Brandon Turner

For the most part, Brandon Turner was able to achieve financial independence through small multifamily investing. This is why investing in duplexes, triplexes, quadplexes, and even 24-unit apartment buildings can be a fantastic learning experience and money maker for new landlords. But how do you get started if you’ve never bought a property before?

Brandon and his co-author of The Multifamily Millionaire, Brian Murray, walk through the seven steps to go from real estate onlooker to small multifamily master. We talk about everything from defining your criteria, financing, management, lead generation, and more. If you’re looking to build a portfolio of small multifamily properties that will allow you to break out of the rat race and do more of what you love (which may be large multifamily), make sure you not only listen to this whole episode but get Brandon and Brian’s new book!

This is a two-part episode series. In part one we talk about small multifamily and in part two we talk about large multifamily, both episodes have crucial information for anyone trying to get into the multifamily space!

In This Episode We Cover:

The difference between small multifamily properties and large multifamily properties

Financial independence vs. generational wealth and understanding which goal you have

Why you don’t necessarily need to start small in multifamily

Defining your crystal clear criteria and knowing what you want

On-market leads vs. off-market leads and the pros/cons of both

Financing small multifamily properties and house hacking

The “multifamily warp” that takes you from newbie investor to multi-millionaire

And So Much More!

Links from the Show

BiggerPockets Forums

BiggerPockets Calculators

BiggerPockets Youtube Channel

BiggerPockets Bookstore

Realtor.com

LoopNet

Zillow

Jason Drees's Coaching

Ryan Murdock's Instagram

Mike Williams's LinkedIn Profile

Micah Cabagbag's Instagram

BiggerPockets Podcast 126: From 0 to 400+ Units Through Value-Add Investing with Brian Murray

BiggerPockets Podcast 212: Buying a 115-Unit Apartment Complex for No Cash Out of Pocket with Brian Murray

Check the full show notes here: https://www.biggerpockets.com/show496

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Via Home Improvement http://www.rssmix.com/

No comments:

Post a Comment

524: 3 Sales Secrets That Will Help You Close Your First or Next Deal

A decade ago, Chandler David Smith was a broke college student. After searching for jobs, he was given the opportunity to try his hand at d...