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Multi-Family Millions: How Anyone Can Reposition Apartments for Big Profits by [David Lindahl]

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Multi-Family Millions: How Anyone Can Reposition Apartments for Big Profits Kindle Edition

4.7 out of 5 stars 341 ratings

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Editorial Reviews

From the Inside Flap

Dave Lindahl was a broke landscaper when he used a cash advance on his credit card to buy his first three-unit apartment house—and immediately reaped a $972 per month positive cash flow. Twelve months later he owned eleven multi-family buildings and had $10,000 per month in extra income. Today, he controls over $140 million in real estate. In Multi-Family Millions, Lindahl shows you how anyone can get started investing in small apartment houses and make great money doing it. You can do it on a part-time basis, and best of all, you never need to deal with tenants.

Compared with single-family homes, multi-family properties hold much greater profit potential and allow you to earn more money on each deal you complete. There is also far less competition in the multi-family market. In addition, having more units under a single roof reduces your investment risk and offers higher long-term profits. The rewards of multi-family investing are obvious, but how can you benefit when you have very little time or money?

Multi-Family Millions is the step-by-step guide that shows you how to get into the multi-family game—and get out with big profits. It provides expert coverage of the most effective investing strategies and gives you guidance on every stage of the process—from finding properties with great profit potential to buying, renovating, and reselling them for big money.

With Lindahl's expert help, you'll discover how to:

  • Identify troubled multi-family properties that are ripe for repositioning

  • Negotiate great purchase prices for target properties

  • Flip properties for fast cash or improve them with affordable, value-adding repairs

  • Resell properties at maximum value with minimum hassle

No matter your level of investing expertise or experience, Multi-Family Millions gives you the perfect strategy for success—especially for investors with little time and little cash on hand. Whether you're an expert investor or just starting out, Multi-Family Millions reveals the proven strategies, tactics, and infor-mation you need to make big profits—faster and easier than you ever thought possible.

From the Back Cover

Discover why apartment houses are the best investment in today's real estate market

The key to making big profits in real estate is to go against the traditional wisdom. When the masses are buying, it's often time to sell. When everyone is selling, there are huge bargains to be found. In Multi-Family Millions, contrarian real estate investor Dave Lindahl shows you how to read the market cycle, and explains why now is a great time to get started investing in apartment houses—even if it's your first time investing in real estate and you have no money for a down payment.

With a simple two- to five-unit multi-family property, or a thirty-unit apartment building, you can implement the same strategies Lindahl used in over 500 deals to build his own real estate fortune:

  • How to reposition a multi-family property for maximum profit

  • Where to get the money for your first deal

  • How to own an apartment house and never deal with tenants

  • Ten bad mistakes rehabbers make

  • Three proven principles for attracting great deals on multi-family properties

  • When and how to resell for huge profits

Conventional wisdom says real estate investors should start with single-family houses. Discover why it's easier and much more profitable to invest in multi-families!

Product details

  • ASIN ‏ : ‎ B008NBZ7FQ
  • Publisher ‏ : ‎ Wiley; 1st edition (July 25, 2008)
  • Publication date ‏ : ‎ July 25, 2008
  • Language ‏ : ‎ English
  • File size ‏ : ‎ 946 KB
  • Text-to-Speech ‏ : ‎ Enabled
  • Screen Reader ‏ : ‎ Supported
  • Enhanced typesetting ‏ : ‎ Enabled
  • X-Ray ‏ : ‎ Not Enabled
  • Word Wise ‏ : ‎ Enabled
  • Print length ‏ : ‎ 273 pages
  • Lending ‏ : ‎ Enabled
  • Customer Reviews:
    4.7 out of 5 stars 341 ratings

About the author

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If you need a refresher on my background, I was a burned-out landscaper 14 years ago. I had:

No money (OK, that's not totally true; I did have a whole $800 in the bank);

No time (that one is definitely true, because each night after a full day of grunting dirt and railroad ties around in my landscaping business, it was all I could do to pop a cool one and collapse in my chair in front of the TV);

No experience. My family didn't know anything about real estate. In fact, I got the "Dave, you're making a big mistake!" speech when I mention real estate.

I didn't "luck into" a fortune. I instead made it using tested and proven systems I developed over time. At first they were crude, but I hate making the same mistake twice, so I got better fast.

Dave Lindahl is an accomplished real estate investor who has been involved in over 550 deals and controls over $240 million in real estate. Dave is the principle owner of the Lindahl Group and the Bostonian Investment Group, a real estate investment company that acquires properties in emerging markets across the nation.

Dave also operates RE Mentor (, a publishing and seminar company that shows investors how to profit from all forms of real estate investing. He is also a popular speaker and trainer at real estate investment clubs, national conventions, and seminars throughout the country.

Other Programs & Highlights

David is considered as the Nation's Leading Expert in Buying and Selling Multi-Family Properties. Currently owning over 7,200 units around the US, David has been investing in Real Estate for the last 14 years. David regularly shares the same stage as Robert Kiyosaki, Tony Robbins and Donald Trump. Among other publications David has been featured in Reader's Digest, Creative Real Estate Lifestyles, AOL, & Kiplinger Magazine.

Dave Lindahl was hand picked by Donald Trump to write Trump University Commercial Real Estate 101. When asked why Donald Trump picked Dave Lindahl he said, "I chose David Lindahl to write it because he's not only a highly successful investor, but he has a knack for clarity in explaining commercial real estate investing."

Favorite Quotes & Thoughts from David Lindahl

"Take action"

"Money does not make money; It's the movement of money that makes money!"

Ignore the media when they focus on national real estate trends: The

only cycles that count are LOCAL ones"!

"Do You Have "The Attitude"?

That's when you Get To Do:

--WHAT you want

--WHEN you want

--WHERE you want

--WITH WHOM you want!

"My Systems Will Get You There!"

"Whenever you reduce your price or give something up, ask the other

party also to make a concession."

"Practice the "Safe Island Technique" Summarize each step you'll take

the seller through so nothing's a surprise."

"Happiness is Positive Cash Flow!"

Dave Lindahl's Principles of Successful Investing

Have integrity in everything you do

You're not in the real estate business; you're in the marketing


You have to respect yourself in order to get that from others.

Start small, simple, and inexpensively. But start!

Expect to feel a little uneasy at first, and be HAPPY about the fact

that some parts of the business take work.

Be thrifty. Don't be cheap.

Follow my systems before you create your own.

Don't waste time with unmotivated sellers.

Delegate before you think you are ready.

If it works, keep using it; if it doesn't, then tweak it. If it still

doesn't, toss it.

You're marketing to a "moving parade".

Track your activities and results.

Follow Up!

Keep going.

David Lindahl is passionate about real estate investing & that same excitement carries over into his speaking events. Donald Trump best described Dave when he said, "I chose David Lindahl to write it because he's not only a highly successful investor, but he has a knack for clarity in explaining commercial real estate investing." David Lindahl travels the United States holding seminars and real estate camps. Dave's Camps include: "Managing the Manager Boot Camp", "Apartment House Riches Boot Camp" "Private Money Syndication Boot Camp" & "Chunker Boot Camp". To learn more about David Lindahl & all of his products and events go to

Customer reviews

4.7 out of 5 stars
4.7 out of 5
341 global ratings

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Top reviews from other countries

5.0 out of 5 stars Amazing book!
Reviewed in Canada on September 30, 2017
Luc dC
4.0 out of 5 stars Très satisfait !
Reviewed in Canada on March 15, 2013
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