Wed, 27 July 2016
In the previous episode titled, "How to Expand Your Mind To Go BIG with Multifamily Investing," I make the argument that Bigger is Better. I stand by that, so please listen to that episode before you listen to this one! However, if you go through the exercises laid out in that episode and still don’t feel comfortable with going big, I have a Plan B: duplexes
Key Takeaways:Why Duplexes Are the Perfect Way To Get Started With Multifamily Investing[3:22] Reason # 1: There's more of them and they're easier to find
[4:39] Reason # 2: You need less money
[5:01] Reason # 3: They're easier to analyze
[7:05] Vision setting is important but don’t let your vision stop you from achieving your goals
[8:08] 90 day plan to buying your first duplex[8:51] Week 1: Educate yourself
[9:35] Week 2: Determine investing area
[10:27] Week 3: Analyze 5 deals
[15:33] Criteria:
[17:58] Week 4: Start raising money
[19:04] The Last two months
Direct download: MB_042-_How_To_Do_Your_FIRST_Apartment_Building_Deal_in_the_NEXT_90_days-2.mp3
Category:general -- posted at: 4:14pm EDT |