#multifamily real estate investing 101

[justinbrennan]

Closing on you first multifamily 10 units. Multifamily Investing with Justin Brennan

Closing on you first multifamily 10 units. Multifamily Investing with Justin Brennan https://www.youtube.com/watch?v=hRHMH0LBIFc ✅ Watch this short 20 minute training: https://ift.tt/YTzrE28 ✅ https://ift.tt/HElg9kL ✅ ABOUT JUSTIN: https://ift.tt/HqUegAa DISCLAIMERS: Any information or advice available on this channel is intended for educational and general guidance only. Justin Brennan, BrennanRealEstateGroup.com, SanDiegoHomeFinders.com, JustinCBrennan.com, Multifamilyi.com, BrennanPohle.com, shall not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this channel. Consult a financial advisor or other wealth management professional before you make investments of any kind. Although Justin Brennan and his affiliates take all reasonable care to ensure that the contents of this channel are accurate and up-to-date, all information contained on it is provided ‘as is.’ Justin Brennan makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this channel. Any links to other websites are provided only as a convenience and Justin Brennan, BrennanRealEstateGroup.com, SanDiegoHomeFinders.com, JustinCBrennan.com, Multifamilyi.com, BrennanPohle.com encourages you to read the privacy statements of any third-party websites. All comments will be reviewed by the Justin Brennan, BrennanRealEstateGroup.com, SanDiegoHomeFinders.com, JustinCBrennan.com, Multifamilyi.com, BrennanPohle.com staff and may be deleted if deemed inappropriate. Comments which are off-topic, offensive or promotional will not be posted. The comments/posts are from members of the public and do not necessarily reflect the views of Justin Brennan and his affiliates. © Justin Brennan, JustinCBrennan.com, Multifamilyi.com, MultifamilySchooled.com, BrennanPohle.com. All Rights Reserved. multifamily investor nation, apartment syndication, apartment investing, multifamily syndication, multifamily investing, multifamily syndicator, passive income, apartment syndication structure, dan handford, multifamily apartment investing, multifamily investing 101, multifamily investing academy, multifamily real estate investing 2020, multifamily real estate investing for beginners, passive income ideas 2020, how to find multifamily real estate deals, multifamily investor, multifamily real estate investing, multi family, bigger pockets, passive income, bigger pockets, rental property, syndication, income property, multifamily, wholesaling real estate, multi-family, owner financing, buying apartment buildings, multifamily real restate, grant cardone motivation, rentals, landlord, hard money, financial freedom, real estate investing for beginners, real estate wholesaling, multi family real estate investing, multifamily real estate via Justin Brennan https://www.youtube.com/channel/UCjR741czRkmAzoBKAlrPf6Q June 28, 2024 at 07:04PM

[multifamilyinvestingcourse]

Investment Property 101: Navigating the Basics and Beyond

Investing in property is a dynamic journey that demands a solid understanding of the fundamentals. Whether you're venturing into real estate for the first time or expanding your portfolio, Investment Property 101 lays the groundwork for success.

Investment Property 101: Navigating the Basics:

Understanding Property Types: Begin your journey by exploring the various types of investment properties – residential, commercial, and multifamily. Each comes with its own set of opportunities and considerations, and a solid grasp of these distinctions is crucial.

Location, Location, Location: Uncover the importance of location in real estate investment. Learn how to evaluate neighborhoods, assess market trends, and identify areas with growth potential. The right location can significantly impact the success of your investment.

Financing Your Investment: Demystify the financing process for investment properties. From traditional mortgages to creative financing options, understanding how to fund your investment is a key component of successful property ownership.

Property Management Essentials: Explore the basics of property management to ensure a smooth and profitable investment. From tenant relations to maintenance, understanding the operational side of property ownership is vital for long-term success.

Investment Property Classes with Laura Alamery:

Laura Alamery's real estate coaching takes your knowledge to the next level with specialized classes designed to meet the unique challenges of real estate investment:

Advanced Property Investment Strategies: Elevate your expertise with in-depth classes covering advanced strategies like flipping, wholesaling, and creative financing. Gain insights into maximizing returns and navigating complex investment scenarios.

Commercial Real Estate Mastery: Explore the nuances of commercial real estate with classes tailored to guide you through evaluating and seizing opportunities in this lucrative sector.

Visit Laura Alamery's Real Estate Coaching for a comprehensive overview of Investment Property 101 and specialized classes that can propel your investment journey to new heights. Whether you're a beginner or seasoned investor, ongoing education is the key to unlocking the full potential of your investment properties.

[ismaelreyreyes]

https://ismaelreyreyes.com/passive-multifamily-real-estate-investing-101-tips-for-success/

[averymosciskius]

Capital Square 1031 Launches All-Cash DST Offering of a 100% Leased Medical Facility in Augusta Georgia

AUGUSTA, Ga. (Feb. 4, 2020) – Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings, announced today the launch of CS1031 Augusta MOB, DST, a Regulation D private placement offering primarily for investors seeking 1031 exchange replacement property. The offering is comprised of a 30,548-square-foot orthopedic clinic in Augusta, Georgia, that was acquired by the DST in an all-cash, no debt, transaction.

“There is unprecedented demand for specialized medical facilities,” said Louis Rogers, founder and chief executive officer of Capital Square. “Because the need for medical services is not correlated to the general economy, medical properties have proven to be recession resistant. Capital Square’s medical properties are very popular among 1031 exchange and other investors seeking a recession-resistant, stable asset class. Moreover, this offering was structured on an all-cash, no debt, basis for investors who do not need or want debt for their Section 1031 exchange, thereby removing the mortgage repayment risk.”

Located at 1706 Magnolia Way, the facility is comprised of a 30,548-square-foot orthopedic clinic which includes 18 exam rooms, a dual X-ray suite, designated waiting areas, a physical therapy center, an MRI suite and space to expand for practice growth. Constructed in 2009 and situated on 1.88 acres of land, the building is 100% leased on a 12-year triple net lease to Champion Orthopedics, a provider of orthopedic and musculoskeletal care; specialized sports medicine treatment; orthopedic surgery; physical therapy and rehabilitation services; and diagnostic imaging.

“This medical property was purchased on desirable economic terms, with annual rent increases and a triple net lease in place where the tenant is responsible for taxes, insurance, maintenance and repairs, thereby reducing future inflation risk,” said Whitson Huffman, senior vice president and head of acquisitions. “The combination of a favorable entry capitalization rate, annual rental increases and a triple net lease make this a very desirable investment for Section 1031 exchange and other investors seeking potential income and profit.”

According to the Centers for Medicare and Medicaid Services, health spending increased by 4.6% in 2018 to reach $3.6 trillion and accounted for 17.7% of gross domestic product.

Collin Hart of ERE Healthcare Real Estate Advisors represented the seller in the transaction.

Since inception, Capital Square has acquired 101 real estate assets for more than 2,000 investors seeking quality replacement properties that qualify for tax deferral under Section 1031 of the Internal Revenue Code.

About Capital Square 1031 Capital Square is a national real estate firm specializing in tax-advantaged real estate investments, including Delaware statutory trusts for Section 1031 exchanges and qualified opportunity zone funds for tax deferral and exclusion. Capital Square has completed more than $1.87 billion in transaction volume. Capital Square’s executive team has decades of experience in real estate investments. Its founder, Louis Rogers, has structured hundreds of investment offerings totaling in excess of $5 billion. Capital Square’s related entities provide a range of services, including due diligence, acquisition, loan sourcing, property/asset management, and disposition, for a growing number of high net worth investors, private equity firms, family offices and institutional investors. In 2017, 2018 and 2019, Capital Square was awarded by Inc. 5000 as one of the fastest growing companies. In 2017 and 2018, the company was also ranked on Richmond BizSense’s list of fastest growing companies. In 2019, Capital Square was listed by Virginia Business on their “Best Places to Work in Virginia” and “Fantastic 50” reports. To learn more, visit www.CapitalSquare1031.com.

Disclaimer: Securities offered through WealthForge Securities, LLC, Member FINRA/SIPC. Capital Square and WealthForge Securities, LLC are separate entities. There are material risks associated with investing in DST properties and real estate securities including illiquidity, tenant vacancies, general market conditions and competition, lack of operating history, interest rate risks, the risk of new supply coming to market and softening rental rates, general risks of owning/operating commercial and multifamily properties, short term leases associated with multi-family properties, financing risks, potential adverse tax consequences, general economic risks, development risks, long hold periods, and potential loss of the entire investment principal. Past performance is not a guarantee of future results. Potential cash flow, returns and appreciation are not guaranteed. IRC Section 1031 is a complex tax concept; consult your legal or tax professional regarding the specifics of your particular situation. This is not a solicitation or an offer to see any securities. Please read the Private Placement Memorandum (PPM) in its entirety, paying careful attention to the risk section prior to investing. Diversification does not guarantee profits or protect against losses.

Via https://www.capitalsquare1031.com/capital-square-1031-launches-all-cash-dst-offering-of-a-100-leased-medical-facility-in-augusta-georgia/

source https://capitalsquare1031.weebly.com/blog/capital-square-1031-launches-all-cash-dst-offering-of-a-100-leased-medical-facility-in-augusta-georgia

[justinbrennan]

Who Is Justin Brennan Really? - Great Motivational Video

Who Is Justin Brennan Really? - Great Motivational Video https://www.youtube.com/watch?v=xa-qv4yisNc Learn about Millionaire apartment investor Justin Brennan. https://ift.tt/NxwM6Ff 🔗 Important Links: ✅ FREE MULTIFAMILY TOOLKIT: https://ift.tt/sy3UVjw ✅ Considering Mentorship? Learn more and apply here: https://ift.tt/uFT5gRb ✨ Multifamily Schooled website: https://ift.tt/pjg6K4Q 💬 Book a free multifamily strategy call: https://ift.tt/uFT5gRb ✨ Visit for free training & Multifamily Toolkit: https://ift.tt/6fMozUc 📖 Testimonials and Case Studies: https://ift.tt/UOAvPRI This video is about Best Ways To Achieve $18K Multifamily Investment In 90 Days: Expert Case Study! But It also covers the following topics: Multifamily Real Estate Investing Best Multifamily Investments Real Estate Investing For Beginners Video Title: Best Ways To Achieve $18K Multifamily Investment In 90 Days: Expert Case Study! | Justin Brennan 🔔 Unlock multifamily real estate success! Subscribe for inspiring podcast insights on acquiring and developing multifamily properties, success stories, & growth strategies. https://www.youtube.com/@JustinBrennan/?sub_confirmation=1 🔗 Stay Connected With Me. 👉 Facebook: https://ift.tt/foDzWuk 👉 Instagram: https://ift.tt/9ZICwy5 👉 Linkedin: https://ift.tt/60hsoMf 👉 Watsapp: https://ift.tt/yex6LPk 👉 Website: https://ift.tt/NxwM6Ff ============================= 🎬 Recommended Playlists 👉 APARTMENT INVESTING https://www.youtube.com/playlist?list=PLStA37XUJ_FH8nPpDK_bQksoz9F8G9-Fo 👉 A2G Short Clips https://www.youtube.com/playlist?list=PLStA37XUJ_FGBgSZU_GQ_6KhXcTAxVG_B 🎬 WATCH MY OTHER VIDEOS: 👉 Why is mentorship and networking so important? | Justin Brennan https://www.youtube.com/watch?v=UmHiH-kQ5lU 👉 How Michael teaches AirBnb Investing | Justin Brennan https://www.youtube.com/watch?v=hECaa-gGsjE 👉 The IRS loves you for this | Justin Brennan https://www.youtube.com/watch?v=AgTktRIVoHM 👉 Creators vs Contributors in US Economy | Create generational wealth | Justin Brennan https://www.youtube.com/watch?v=d5LBXGJp3fw 👉 How To Gain TRUE Financial Freedom In Real Estate & Multifamily | Justin Brennan https://www.youtube.com/watch?v=VFAQhI5Sdys ============================= ✅ About Justin Brennan. Welcome to Justin Brennan's channel! As CEO of The Brennan Pohle Group, I focus on acquiring and developing multifamily properties across the U.S. With over 500+ units and $157M in assets, my team and I aim for 10,000+ units and $4B in assets. Here, I share my journey and expertise in real estate, from title insurance to property management. Join me for insights on multifamily real estate, investment strategies, and personal growth. Subscribe for tips on achieving financial freedom and giving back. © Justin Brennan, JustinCBrennan.com, Multifamilyi.com, MultifamilySchooled.com, BrennanPohle.com. All Rights Reserved. multifamily investor nation, apartment syndication, apartment investing, multifamily syndication, multifamily investing, multifamily syndicator, passive income, apartment syndication structure, dan handford, multifamily apartment investing, multifamily investing 101, multifamily investing academy, multifamily real estate investing 2020, multifamily real estate investing for beginners, passive income ideas 2020, how to find multifamily real estate deals, multifamily investor, multifamily real estate investing, multi family, bigger pockets, passive income, bigger pockets, rental property, syndication, income property, multifamily, wholesaling real estate, multi-family, owner financing, buying apartment buildings, multifamily real restate, grant cardone motivation, rentals, landlord, hard money, financial freedom, real estate investing for beginners, real estate wholesaling, multi family real estate investing, multifamily real estate via Justin Brennan https://www.youtube.com/channel/UCjR741czRkmAzoBKAlrPf6Q June 20, 2024 at 04:43AM

[csicertified]

Inspecting Commercial Properties | Commercial Inspection 101

Renting, buying, or leasing a commercial space is a big investment. Before you finalize your purchase, it’s wise to schedule a commercial property inspection to rule out potential problems and ensure the investment is worthwhile.

Commercial buildings are categorized into retail/restaurant, office buildings, land, multifamily dwelling, and miscellaneous. Each type of building must be assessed according to the purpose it fulfills, and commercial Inspectors cover all the bases to find signs of damage or costly repairs. They provide an in-depth report that focuses on the investment’s profitability in the long run.

What Constitutes A Commercial Property Inspection

Since commercial real estate acquisition hinges on residual value and ROI, potential investors must know the true cost of investment and the returns it will generate. This is where commercial building inspections come in! Licensed inspectors check the five main essentials:

1.     Structural integrity: foundation and roof

2.     Accessibility: wheelchair access and emergency exits

3.     Exterior: drainage, parking lot, sprinklers

4.     Internal systems: electrical, heating, HVAC systems, plumbing

5.     Interior: ceilings and light fixtures

Commercial inspectors look for damage, safety issues, and the need for upgrades in each area. Cracking foundations, warped walls, or water damage point to structural issues, while improper electrical wiring, inoperable outlets, and frayed wires can cause electrical fires. Inspectors also check for crumbling steps or potholes in the parking lot, in addition to leaks and drafts.

For subpar systems, the inspector estimates the costs of repairs in the report. They also check the building’s alarm system, the fire safety system, and sprinklers.

In some cases, the inspector may consult or hire construction contractors, building code inspectors, or roofing experts to get a detailed report of the building’s exterior.

Reviewing The Building’s Documentation

Commercial building inspectors may also review the following documents to help the investor determine the property’s true value:

·       Building plans

·       Appraisals

·       Occupancy

·       Citations

·       Construction permits

·       Floor plans

·       Environmental studies

·       Evacuation plans

·       Surveys

·       Maintenance records

The final property condition report (PCR) includes evidence and photos, as well as recommendations on how to proceed with corrective action or follow-ups with a specialist. The report also usually includes estimates for future replacements.

Limit Investment Risks With Commercial Building Inspections In NYC

Understand the true cost of your investment with Clear Sight Inspections. They provide commercial building inspections in Southern New York State and Long Island, including Brooklyn, Queens, Manhattan, and Staten Island. Their inspectors leverage their vast experience, in-depth expertise, and a keen eye for quality inspections to protect your investment.

The company also offers home inspection services, pre-purchase inspections, pre-listing inspections, radon testing, thermal imaging, and much more.

Get in touch with their team today for more information.

[increaseprofitonline2017-blog]

The Advanced Guide to Real Estate Investing: How to Identify the Hottest Markets and Secure the Best Deals...

Buy Now $13.93 [ad_1] If you're interested in real estate investing, you may have noticed the lack of coverage it gets in mainstream financial media, while stocks, bonds, and mutual funds are consistently touted as the safest and most profitable ways to invest. According to real estate guru Ken McElroy, that's because financial publications, tv and radio programs make the bulk of their money from advertising paid for by the very companies who provide such mainstream financial services. On the other hand, real estate investment is something you can do on your own--without a large amount of money up front. Picking up where he left off in the bestselling ABC's of Real Estate Investing, McElroy reveals the next essential lessons and information that no serious investor can afford to miss. Building on the foundation of real estate investment 101, McElroy tells readers:

How to think--and operate--like a real estate mogul

How to identify and close expert deals

Why multifamily housing is the best real estate investment out there

How to surround yourself with a team that will help maximize your money

How to avoid paying thousands in taxes by structuring property sales wisely

Important projections about the future of real estate investmentHow to think--and operate--like a real estate mogul How to identify and close expert deals Why multifamily housing is the best real estate investment out there How to surround yourself with a team that will help maximize your money How to avoid paying thousands in taxes by structuring property sales wisely Important projections about the future of real estate investment [ad_2]

Customer Review

Source URL: https://www.increaseprofitonline.com/2017/10/02/the-advanced-guide-to-real-estate-investing-how-to-identify-the-hottest-markets-and-secure-the-best-deals-rich-dads-advisors-paperback/

[cleancutpage]

SVN’s Danny Lee Closes Back to Back Multifamily Sale in Phoenix

This post originally appeared on tBL Member, SVN | Desert Commercial Advisor's SVN | Desert Commercial Advisor's News Blog and is republished with permission. Find out how to syndicate your content with theBrokerList.

Phoenix, Arizona – December 27 2017 – Another multifamily sale is recorded this year for the multifamily investment advisors, Danny Lee.  Lee has closed several deals this year under a 60-day escrow.  SVN Desert Commercial Advisors is a full service brokerage however Danny Lee is one of the most knowledgeable advisors in the multifamily market and specifically concentrates in this area.

Bakers Apartments just sold last week for $854,000 at $101 per square feet and $61,000 per unit.  Lee represented the seller, Victor and Donna Quintana with Top Coat Finishing from Phoenix and the Tempe buyer, Nathan Reid with Capital Allocation Partners.  The sale transaction was in escrow for 60 days. This single-story block construction 8,400 square foot property made up 14 units and is individually metered for electricity. The property is located at 3002- 3008 N. 39th St in Phoenix. The Quintana family owned the multifamily property for 22 continuous years and the new buyers intend to completely overhaul the property.

Danny Lee stated, “Nathan Reid is a local experienced investor who specializes in buying properties in the Biltmore & Arcadia area to modernize his new investments.”  Lee expressed the buyer and seller was extremely diligent to ensure a smooth transaction from start to finish. Marie Arce with Chicago Title Agency in Phoenix handled the transaction.

SVN | Desert Commercial Advisors is a full-service commercial real estate services firm providing comprehensive expertise in investment brokerage, leasing, landlord/tenant representation, analysis/valuation and market research. We specialize in multifamily, retail, office, medical/dental, and restaurant property types. Visit our website at www.SVNDesertCommercial.com for more information.

###

Media Contact: Melissa Swader melissa.swader@svn.com

RSS Feed provided by theBrokerList Blog - Are you on theBrokerList for commercial real estate (cre)? and SVN’s Danny Lee Closes Back to Back Multifamily Sale in Phoenix was written by SVN Desert Commercial Advisors.

SVN’s Danny Lee Closes Back to Back Multifamily Sale in Phoenix published first on https://greatlivinghomespage.tumblr.com/

[eiresionexa]

[PDF] Download The Advanced Guide to Real Estate Investing: How to Identify the Hottest Markets and Secure the Best Deals - Ken McElroy

    Read/Download Visit : https://tt.ebookbiz.info/?book=1937832511

Book Synopsis :

If you're interested in real estate investing, you may have noticed the lack of coverage it gets in mainstream financial media, while stocks, bonds, and mutual funds are consistently touted as the safest and most profitable ways to invest. According to real estate guru Ken McElroy, that's because financial publications, tv and radio programs make the bulk of their money from advertising paid for by the very companies who provide such mainstream financial services. On the other hand, real estate investment is something you can do on your own--without a large amount of money up front. Picking up where he left off in the bestselling ABC's of Real Estate Investing, McElroy reveals the next essential lessons and information that no serious investor can afford to miss. Building on the foundation of real estate investment 101, McElroy tells readers:How to think--and operate--like a real estate mogulHow to identify and close expert dealsWhy multifamily housing is the best real estate

[angostur]

Download The Advanced Guide to Real Estate Investing: How to Identify the Hottest Markets and Secure the Best Deals - Ken McElroy

    Read/Download Visit : https://tt.ebookbiz.info/?book=1937832511

Book Synopsis :

If you're interested in real estate investing, you may have noticed the lack of coverage it gets in mainstream financial media, while stocks, bonds, and mutual funds are consistently touted as the safest and most profitable ways to invest. According to real estate guru Ken McElroy, that's because financial publications, tv and radio programs make the bulk of their money from advertising paid for by the very companies who provide such mainstream financial services. On the other hand, real estate investment is something you can do on your own--without a large amount of money up front. Picking up where he left off in the bestselling ABC's of Real Estate Investing, McElroy reveals the next essential lessons and information that no serious investor can afford to miss. Building on the foundation of real estate investment 101, McElroy tells readers:How to think--and operate--like a real estate mogulHow to identify and close expert dealsWhy multifamily housing is the best real estate

[meraenthusiast]

The 7 Best Real Estate Books For Investing

The 7 Best Real Estate Books For Investing

One of the more popular Google searches today has to do with achieving financial freedom.

When I turned 40, we reached debt-free status which felt great for about….two weeks. As a periodontist, my life has been centered around setting and accomplishing goals.

After getting into dental school then a residency; the next goal was starting a practice then eventually paying off student loan debt and our home.

So when I hit 40, I asked myself, “Hey self, what’s next?” At that time, we had only ONE income source coming in and that was from the practice.

*Active or earned income is the HIGHEST taxed source of income.

Something else that bothered me was the thought of not being able to work.

What if I was injured or disabled?

How would I take care of my family?

I continue to play tennis, basketball, football and ski with my kids. Yes, we’re an active family which increases the risk of injury.

Also, what if a pandemic struck causing the U.S. to shut down again?

Well, I really didn’t ask myself about the pandemic but I would certainly put it on my list of (what-if’s) moving forward.

I realized that I had to do something about the one income source issue but also wanted to spend more time with our boys before they moved off to college.

After performing research and networking, it seemed that passive income was the answer.

New goal

My new goal was set: Educate myself and begin acquiring multiple streams of income which would eventually lead to financial independence.

The next question that had to be answered was:

How do I get passive income?

The Road To Passive Income

When I first started learning about passive income, it took awhile to wrap my head around getting paid for work that I didn’t have to physically do.

After maintaining a lawn service for 10+ years and then on to treating patients, the thought of receiving a check each month without having to perform labor sounded too good to be true.

My first stop during the education process was to take a look at what millionaires do. If you can’t beat ’em then join them, right?

I voraciously read books either written by or about millionaires to find out how they accomplished their wealth.

Some of the books were:

The Millionaire Next Door

Think and Grow Rich

Everyday Millionaire

The Richest Man in Babylon

Secrets of the Millionaire Mind

Real Estate Is The Key

“90% of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.” – Andrew Carnegie

Even though the majority of millionaires achieve their wealth through real estate, that doesn’t mean you’ll do the same if you become a real estate investor.

But one of the best ways to avoid failure and improve your chances of success is to learn by reading books.

Why Books?

With so much information out there online and on podcasts, you may wonder why I started with books.

I’ve always loved reading but also learned from research some of the daily habits of the rich and poor that Tom Corley of Rich Habits performed.

He found that your daily habits are responsible for your financial circumstances in life.

Here’s a few stats that he uncovered:

86% of the wealthy loved reading vs. 26% for the poor

63% of the wealthy listened to audio books commuting vs. 5% for the poor

85% of the wealthy read two or more self-improvement books every month vs. 15% for the poor

88% of the wealthy read 30 minutes or more each day vs. 2% for the poor

94% of the wealthy, on a daily basis, read newspapers, newsletters, magazines, blogs and other digital media vs. 11% of the poor

The stats speak for themselves. If you want to be wealthy, learn the habits of the rich and read.

I’m a big believer of never investing in anything that you don’t understand and real estate is no different.

Here’s a list of the 7 best real estate books to get you started.

7 Best Real Estate Books

Note: The following books are not listed in any particular order.

#1 The Millionaire Real Estate Investor

In the book, The Millionaire Real Estate Investor, author Gary Keller of Keller-Williams Realty interviewed over 100 millionaire real estate investors to put together a guide for building wealth through real estate. 

If you’re just starting out in real estate, then reading this would be similar to taking a Real Estate Investing 101 course.

I’m a firm believer that if you want to accomplish anything in life, then you have to start with the right MINDSET.

Keller’s book does a great job putting the reader in the investing mindset.

It starts off discussing basic investing advice we all need and then dives deeper into how it can be applied to real estate.

Personally, I feel that this is one of the best books on real estate investing.

#2 Rich Dad Poor Dad

The second book on our list of best real estate books is Robert Kiyosaki’s Rich Dad Poor Dad. It’s the ultimate book to get you started in real estate with the right frame of mind.

He obtained life lessons from his poor dad (real dad) that held a Ph.D in education, and a “rich dad” that was a successful business owner (one of the wealthiest in Hawaii) who only had an eighth grade education.

In the book, Kiyosaki shares six important lessons that he learned over a thirty year period from his rich dad.

These include:

Lesson #1: It’s not how much money you make, it’s how much you keep.

Lesson #2: The poor and the middle class work for money. The rich have money work for them.

Lesson #3: It’s not the smart who get ahead, but the bold.

Lesson #4: Corporations are the biggest secret of the rich.

Lesson #5: The rich focus on their asset columns while everyone else focuses on their income statements.

Lesson #6: People who avoid failure also avoid success.

#3 The ABC’s of Real Estate Investing

For many real estate investors, “The ABCs of Real Estate Investing” by Ken McElroy is their go-to book that teaches the basics of real estate investing.

McElroy has over 26 years of senior-level experience in multifamily asset and property management.

In it, he discusses how to achieve wealth with real estate by:

negotiating deals

finding and evaluating properties

using property management tools to increase income

plus much more

Even though the book mainly focuses on apartments, most of the concepts can still be applied to other types of real estate investments too.

#4 What Every Real Estate Investor Needs To Know About Cash Flow

When I first started investing in real estate, two things stood out:

I needed to learn a new set of terminology

Math is a big deal in real estate!

The fourth book on our list of best real estate books is Frank Gallinelli’s What Every Real Estate Investor Needs to Know About Cash Flow… and 36 Other Key Financial Measures. This book can help you figure it all out, especially for newbies.

The key to evaluating deals is knowing your numbers and this book does a great job breaking that down for you.

Some of the terms the book details are:

cash-on-cash return

equity multiple

cash flow

net present value

internal rate of return

cap rate

You’ll also find thorough explanations of all the calculations you need to learn to evaluate real estate deals.

#5 The CashFlow Quadrant

Yes, another Kiyosaki book makes the list!

This time it’s the sequel to Rich Dad Poor Dad titled, The CashFlow Quadrant.

If you’re a frequent reader of this blog, you know that I’m a big Kiyosaki and Grant Cardone fan.

Do I recommend or agree with everything they say?

No.

But I do enjoy both of their styles of teaching financial freedom using real estate.

The book centers around the 4 quadrants he claims we all fall into:

Image Courtesy of Wealthfit.com

Which one are you in? 

Kiyosaki claims that most people are on the left side or the “poor side” of the quadrant. They’re either employees or self-employed.

Most physicians and dentists are typically on the left side too as they mainly trade their time for money.

In order for them to make money, they must perform…or they don’t get paid.

The goal of the book seems to motivate the masses to move from the left to the right side of the quadrant….and he does a pretty darn good job of it too.

#6 Retire Early With Real Estate

Do you want to eventually reach financial freedom sooner rather than later?

What better source to learn from than someone that has done just that by the age of 37. Real estate coach Chad Carson put together a comprehensive guide to financial freedom called Retire Early With Real Estate.

Can’t beat that title.

His book provides a five-step process to creating your own real estate early retirement plan.

Other takeaways include:

How to use rental income to pay all your monthly bills

A step-by-step process for using rental properties to retire within 10-15 years

Case studies of everyday people who have used real estate to retire

#7 The Book on Rental Property Investing: How to Create Wealth and Passive Income

Owning residential real estate is one of the most popular ways active investors currently invest.

When I first started learning about real estate, investing in single family homes was my first stop.

The Book On Rental Property Investing’s author, Brandon Turner, is the co-host of the “Bigger Pockets” podcast, which is one of the best resources for real estate investing.

If you’re just getting started or want to learn more about building wealth with real estate, look no further than Turner’s book.

The book highlights:

how to find deals, even in competitive markets

strategies to finding good paying tenants

finding property financing

why cash flow is so important

tax reduction strategies as a part of your investment strategy

plus, much more

The Bottom Line

If you’re looking for a way to build wealth plus diversify your portfolio, then real estate investing is the key.

But before you begin to deploy your money, make sure you begin the self-education process (as with any type of investing).

One of the best ways to do this is to start reading some of (or all) the books on our best real estate books list.

However, reading these are only one way to gain real estate knowledge.

Consider other options such as:

podcasts

seminars

real estate mentor(s)

courses

Are you ready to to start investing for cash flow? Join the Passive Investors Circle today.

The post The 7 Best Real Estate Books For Investing appeared first on Debt Free Dr..

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[realestatemarathonpodcast]

Episode 47 Asset Management 101 with Kyle Mitchell

Kyle Mitchell is a real estate entrepreneur who has a focus on Multifamily Syndication and currently has $17MM Assets Under Management.  He is the Managing Partner and Co-Founder of APT Capital Group, their mission is to positively impact the lives of their investors and the communities in which they invest through the highest level of transparency and fiduciary responsibility. Kyle is also the co-host of the weekly real estate podcast, Passive Income through Multifamily Real Estate, where he speaks with various experts in the real estate industry to help educate and create clarity for passive investors. With a background in operations, management and logistics, he has overseen multi-million dollar businesses and has a passion in doing the same in the multifamily syndication space.  Go to www.amsummit2020.com for tickets to the virtual summit coming up.

Check out this episode!

[marketerintel]

Tenants Stopped Paying Rent - My Response

Tenants Stopped Paying Rent – My Response

Date: 2020-04-13 22:30:00

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Lets discuss the recently headline that 1 out of 3 American Tenants didn’t pay their rent in April – Thanks! Add me on Instagram: GPStephan

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