54 min listen
496: Become a (Small) Multifamily Millionaire in 7 Steps w/ Brian Murray and Brandon Turner
496: Become a (Small) Multifamily Millionaire in 7 Steps w/ Brian Murray and Brandon Turner
ratings:
Length:
100 minutes
Released:
Aug 19, 2021
Format:
Podcast episode
Description
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 propertiesFinancial independence vs. generational wealth and understanding which goal you haveWhy you don’t necessarily need to start small in multifamilyDefining your crystal clear criteria and knowing what you wantOn-market leads vs. off-market leads and the pros/cons of bothFinancing small multifamily properties and house hackingThe “multifamily warp” that takes you from newbie investor to multi-millionaireAnd So Much More!Links from the ShowBiggerPockets ForumsBiggerPockets CalculatorsBiggerPockets Youtube ChannelBiggerPockets BookstoreRealtor.comLoopNetZillowJason Drees's CoachingRyan Murdock's InstagramMike Williams's LinkedIn ProfileMicah Cabagbag's InstagramBiggerPockets Podcast 126: From 0 to 400+ Units Through Value-Add Investing with Brian MurrayBiggerPockets Podcast 212: Buying a 115-Unit Apartment Complex for No Cash Out of Pocket with Brian MurrayCheck the full show notes here: https://www.biggerpockets.com/show496See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Aug 19, 2021
Format:
Podcast episode
Titles in the series (100)
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