Multifamily...

[Rikard Lorén]

Hi !

I have been listening to Ken McElroy audio books, he talks about real estate investing and why MULTIFAMILY investing is the best investment, I STILL have problems to translate his meaning of the words "Multi family apartments" to swedish/what that would mean in my language, as far as I know, he have been talking about 1:st floor and 2:d floor when talking about renters, for example: that old people rather want to live on the 1:st floor instead of the 2:nd floor, he never talks about 3:d or 4:th floor for example, so that means it's only max 2 floor on the buildings he talks about? and I now know that "1 apartment building" can be 1 building, splited to for example 4 properties" so when he says "building" does that mean that he mean a BIG building? or 1 building divided into 4 properties ?

All I want is just 2 know what type of apartments to look for... could u guys help me :( ?

*Hints*

e-book *Ken McElroy "The advanced guide to real estate investing"
quotes:

*residents prefer the 1:st floor over the 2:nd floor
*Multi Family apartments buildings
*150 unit complex ( in my mind, I see a big building with like 10 floors that got 15 apartments on each floor ) but that's not a "FAMILY APARTMENT?"

family apartments is like a house, but u renting it, right ?

I know my text is messy but if someone could explain for me WHat Buildings Ken McElroy is talking about, that would be GREAT. Thank you !