82 min listen
497: Bigger Deals, Better Profits: 10 Steps to Your First Large Multifamily w/ Brian Murray and Brandon Turner
497: Bigger Deals, Better Profits: 10 Steps to Your First Large Multifamily w/ Brian Murray and Brandon Turner
ratings:
Length:
115 minutes
Released:
Aug 22, 2021
Format:
Podcast episode
Description
We’re back for part two with The Multifamily Millionaire authors Brandon Turner and Brian Murray. This time, Brian is on the mic to give you the ten steps to purchase your first large multifamily property. You may be thinking that these ten steps sound too easy for such a large deal, but that is part of the advice that Brian gives.Brian wants smaller multifamily owners or even single-family owners to know that buying a large multifamily property is just more volume, not a completely different skill set. If you own one or multiple units right now, you may have more skills than most to take down a 100-unit apartment building or a big mobile home park. The only thing standing in your way is the mindset.This episode just scratches the surface of what’s possible in large multifamily real estate investing, the rest can be found in The Multifamily Millionaire Volume II. As a reminder, if you purchase before the end of August 2021, you’ll get a four-week multifamily masterclass, taught by Brandon Turner.In This Episode We Cover:Why chasing larger deals leads to larger profits Understanding the skills needed to become a successful multifamily investorShrinking your criteria down to a micro-level, not just a macro overviewStarting (or investing in) syndications so you can get into bigger multifamily dealsCapital stacks, debt, and other types of financing when buying large propertiesWhy underwriting is more than just putting numbers into a spreadsheetAnd So Much More!Links from the ShowBiggerPockets ForumsBiggerPockets CalculatorsBiggerPockets Pro MembershipBiggerPockets Youtube ChannelBiggerPockets BookstoreBrandon's InstagramDavid’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 MurrayDiscover the Multifamily Book bonuses Click here to check the full show notes: https://www.biggerpockets.com/show497See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Aug 22, 2021
Format:
Podcast episode
Titles in the series (100)
#26: Building a Scalable Real Estate Business and Tenant Management Tips with Chris Clothier: Successful real estate investing involves a lot more than just tenants, toilets, and trouble. Successful investors have learned to manage their investing like a business and not a hobby by creating systems to scale their efforts and build wealth... by BiggerPockets Real Estate Podcast