Investing in Multi-family

[Anthony Greene]

Hello BP family,

I want to learn how to invest in multi-family apartment buildings (16 units +) and apartment complexes. I want to build a solid portfolio of income producing properties and build that generational wealth. But the most important thing is, I want to learn how to do it the right way. I want to speak to investors that are doing deals and having success in the NYC metropolitan area. I want to start locally and eventually start investing in other markets around the country. Please help a fellow investor learn the multi-family business. Any help, mentoring and advise is greatly appreciated. Thanks.

Best,

Anthony Greene

[Joshua Nicholas]

Hi Anthony,

Thanks for clarifying.

I would say you're smart to not pay the $10-$20k on coaching even if you had the money. You can probably learn everything you'd need to know for free on here and blogs, and definitely everything you'd need to know by spending under $250 on Amazon.

Unfortunately, if you don't have a lot of money yourself I would say NYC is going to be a VERY uphill battle at best, and most likely you won't be able to invest here. 

If you know a lot of wealthy people maybe you can make it happen, but this is a hyper-competitive market where there are no shortage of super rich investors so you might want to consider looking elsewhere.

I don't know if you have any specific questions but feel free to message me with anything you're curious about. 

Step 1: buy Dave Lindahl's book "Multifamily Millions", Steve Berges "The Complete Guide to Buying and Selling Apartment Buildings".