Keith’s Five Bullet Book Summaries

[Keith Miller]

• Quick Summary: Multifamily can offer superior returns over most asset classes, especially when properties can be bought at a discount and steps are taken to increase NOI (Net Operating Income)
• Main Points: Never buy at retail prices . Buying at a discount not only improves your returns, it gives you far more security during the inevitable downturns, because your monthly payment is lower.
• Main Points: Find a “Farm Area” and focus on it relentlessly. Don’t branch out to a new area until you are a seasoned investor.
• Who Should Read It: This book is for beginner or experienced investors who want to buy more multifamily properties.
• Whether I’d recommend it: I’d recommend it for sure. It was written in 2009, and some of his advice was specific to that time period, but the vast majority of the book is timeless wisdom.