The Multifamily Millionaire, Volume II: Create Generational Wealth by Investing in Large Multifamily Real Estate Audible Audiobook – Unabridged
Multifamily real estate investing can turn anyone into a multimillionaire - but only if you buy the right deals, achieve the right cash flow, and run your business the right way!
Volume II of The Multifamily Millionaire series is the definitive guide to investing in large multifamily properties - all based on the authors’ experience of starting with nothing and building their real estate portfolios to thousands of units. Brian Murray (author of Crushing It in Apartments and Commercial Real Estate) and Brandon Turner (cohost of The BiggerPockets Podcast) share the secrets to their success in large multifamily investing with proven methods and practical advice that will help take your investment strategies to the next level.
Are you ready to go big and create generational wealth? It won’t happen overnight and it won’t always be easy, but The Multifamily Millionaire series will make sure it happens sooner than you ever thought possible!
In this book, you’ll learn how to:
- Acquire large multifamily rental properties without using your own cash
- Find, underwrite, and negotiate great deals in any market
- Get commercial loans and secure the best terms
- Build a team of rock stars who can help take you to the next level
- Boost property values by using dozens of proven strategies
- Make sure your properties thrive even during a recession
- And so much more!
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|Listening Length||12 hours and 31 minutes|
|Author||Brian Murray, Brandon Turner|
|Whispersync for Voice||Ready|
|Audible.com Release Date||August 24, 2021|
|Best Sellers Rank|| #3,127 in Audible Books & Originals (See Top 100 in Audible Books & Originals) |
#15 in Real Estate Investing & Finance
#30 in Real Estate Investments (Books)
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There's stuff in here I didn't know, that I didn't know! Brian really does a great job breaking things down without dumbing them down. There's a bunch of stories about particular deals he has done and tables of real numbers from properties he has worked on, suuuuper helpful for me to understand these new concepts. Now, I know enough to start looking and talking to other multifamily investors to learn from them and I also know that when they mention a complicated/scary concept, I can almost certainly find out about it in this book.
I was able to take the information in this book and create an underwriting excel sheet that I have been using to analyze 20 unit deals in my area, I have seen other underwriting tools online for $2,000... If you are ready to go bigger and are willing to put in the work but don't even know where to start, again, I think this is the perfect book. AND finally, this book has shifted my mindset from a belief that I should just stay in single family/duplexes to generate wealth for myself there... to --> I can overcome any problem I might encounter in large multifamily and I can create generational wealth for my family and others that will invest with me on my journey!
Sorry for the wall of text review, I'm just super pumped to be looking into big multifamily now like I had kinda dreamed of, just got off the phone with an investor looking to sell 20 units, that I would not have been talking to if I had not read this book!!
By Tim Schmitz on December 26, 2021