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506: Achieving Financial Freedom Through Small Multifamily Investing

506: Achieving Financial Freedom Through Small Multifamily Investing

FromBiggerPockets Real Estate Podcast


506: Achieving Financial Freedom Through Small Multifamily Investing

FromBiggerPockets Real Estate Podcast

ratings:
Length:
84 minutes
Released:
Sep 16, 2021
Format:
Podcast episode

Description

Financial freedom is attainable for all of us, but how fast we reach it differs greatly. You may be making $100 profit per month on each single-family home you buy, but what if you could multiply that profit? A duplex becomes $200 per month, a fourplex, $400, and a 16 unit apartment will net you a solid $1,600 per month. Now, it’s not a goal of buying 50+ single-family homes to reach financial freedom, it’s buying 10 or so small multifamily investments. This simple mindset tweak can change your life and investing career forever, it certainly did for Brandon Turner, host of The BiggerPockets Real Estate Podcast and author of The Multifamily Millionaire. This pre-recorded webinar walks through the key benefits of investing in small multifamily, how to find and finance deals, risks to look out for, and scaling so you can go full-time in real estate.There are tons of tips, tricks, and free giveaways (including discount codes) throughout this episode, and if you’re looking for visuals, head over to the BiggerPockets Youtube Channel to see the full slideshow! In This Episode We CoverHow to reach financial freedom through small multifamily investingThe four key benefits of investing in multifamily propertiesHow to find deals (even if you live in an expensive area)How to analyze your multifamily deals using the BiggerPockets CalculatorsFinancing your deals using FHA loans, conventional loans, and seller financingRisks and dangers to look out for in your next dealAnd So Much More!Links from the ShowBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets Youtube ChannelThe BiggerPockets Bundle GiveawayBiggerPocketsWebinar: How to Become a Real Estate Millionaire (presented by Brandon Turner)BiggerPockets Podcast 463: How to Get Your First or Next Property (Step-by-Step) in 90 DaysBiggerPockets Rental Property CalculatorBiggerPockets PodcastBiggerPockets Webinar ReplaysBiggerPockets BookstoreBiggerPockets PerksBiggerPockets InsightsBiggerPockets BooksBiggerPockets MultislidesBiggerPockets 7 Years to 7 Figure WealthBiggerPockets Pro UpgradeRealtorOpen Door CapitalGary Keller Multiple Listing Service (MLS)Email Your Questions: podcast@biggerpockets.comCheck the full show notes here: https://www.biggerpockets.com/show506See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Sep 16, 2021
Format:
Podcast episode

Titles in the series (100)

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the over one million members who are learning to invest so they need Bigger Pockets! Visit biggerpockets.com, and follow Joshua Dorkin @jrdorkin, Brandon Turner @BrandonAtBP and David Greene @DavidGreene24.