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Updated over 5 years ago on . Most recent reply

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Jason Lee
  • Rental Property Investor
  • Jersey City, NJ
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7 years to 7 figure wealth

Jason Lee
  • Rental Property Investor
  • Jersey City, NJ
Posted

I re-read Brandon Turner’s 7 years to 7 figure wealth pdf and I understand the whole year by year scaling process but I don’t understand how he’s getting these multifamily houses for 80% of market value and not accounting for rehab?? Is he actually just finding multi units that are turnkey and ready to move tenants in or?? Can anyone further explain this to me so I can get a better understanding. Thank you in advance.

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James Wise#5 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
19,301
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James Wise#5 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Replied
Originally posted by @Jason Lee:

I re-read Brandon Turner’s 7 years to 7 figure wealth pdf and I understand the whole year by year scaling process but I don’t understand how he’s getting these multifamily houses for 80% of market value and not accounting for rehab?? Is he actually just finding multi units that are turnkey and ready to move tenants in or?? Can anyone further explain this to me so I can get a better understanding. Thank you in advance.

 You get undervalued real estate by marketing to sellers nonstop.

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