Lindahl student in Bay area, CA

[Mick Harvey]

Im new to the bay area and to BP, but old to multifamily investing per the Lindahl model. Im looking for other students or people that have attended seminars to bounce ideas and/or partner with, using his model.

I still have contacts and actively searching in the SE of the US but now want to peruse in my back yard of the bay area.

Welcome any discussions.

[Kevin Young]

@Manch Hon lindahl covers the basics of MF investing in his bootcamps.  he has a strong focus on market cycles and talks about buying in the low part of the cycle, selling at the high part, etc.  for me, it was common sense stuff ;-)  his formula: look for properties with a problem, buy at a discount b/c of the problem, fix the problem, sell for more.

 he covered the following topics in the boot camp:

1) how apartments will make you wealthy ... overview and mindset stuff

2) how to find deals (he brought in a guru to up-sell profit grabber)

3) the quick and easy way to evaluate properties (i think he now sells a subscription for an analyzer tool)

4) how to determine where and when to buy

5) the buying process (0 money down ... up-sells another syndication bootcamp)

6) negotiation

7) how to write offers 

8) how to protect what you have - buying properties in the right entities

9) property management overview (he up-sells another 3 day managing the manager bootcamp)

10) overview on 1031 exchanges

11) tips on how to increase your sales price (i.e., increasing NOI)

12) ends with an up-sell to his coaching, which i think starts at 5k, + a monthly fee.  

i did walk away with a lot of good knowledge ... but theres a bit too much hype in the boot camps for me (as measured by getting 25% of the room to rush to the back to sign up for the next bootcamp or another guru's product) he IS a good pitchman and IMHO sells hope as much as information. 

dave built his business from nothing and knows the apartment business ... he is also an entrepreneur and makes no excuse for charging a premium of his materials. 

you could learn what he teaches on BP, but the reality is it would take longer, you would have to invest more time, and learning on a forum is a meandering process.  the boot camp condenses months of meandering into a few days...but so does his books.     

Manch, i'd be happy to connect some time if you're interested talking about MF, its a passion of mine ... i've been at it for 10 years, have a pretty deep understanding with commercial, have been a partner in projects as big as 465 units, have syndicated, and can speak to owning/managing smaller 10-20 unit MF buildings.  also, i'll be at @Johnson H. meet up in SJ on the 15th, maybe we could connect there.