All Forum Posts by: Kyle Mitchell

Are you new to Real Estate investing but don’t know how to start? Perhaps you an experienced investor with properties but you aren’t getting the returns you desire. Are you interested in cash flow, value-add properties, and opportunities outside of CA? Do you want the financial power of multifamily real estate working for you?

If so come join us. We invest in apartments in cash flow markets that simply make sense (or dollars!). Our members have closed properties in markets such as AZ, TX, FL, GA, IN, IL, OH, MD, MO, ID, UT, & TN. Apartment investing is a team sport. So come join the best team around, the Multifamily Masters.

This group is for anyone interested in investing in multifamily apartments. Our group started in Southern California and now we hold monthly meetups across all across the nation. Locations include:

Baltimore, MD
Camarillo, CA
Downtown Los Angeles, CA
Long Beach, CA
Marina Del Rey, CA
Pasadena, CA
Manhattan Beach, CA
West Los Angeles, CA

Day and times vary by location. For the most up to date schedule and venue please visit the events page.

Hope to see you all there!

FB: https://www.facebook.com/groups/mfmasters

URL: http://www.multifamilymasters.com

LinkedIn: https://www.linkedin.com/groups/12112739

@Taylor Burns I don't think the number of units is as relevant as what your goals are and who is on your team.  I know people who have started out with 1 single family home and others that have purchased a 250+ unit apartment building for their first deal.  It's all about what your end goal is, how you have planned for that and the team you have built to get there.  If your goal is to own large multifamily then my suggestion would be to start there but team up with someone who is already in that space and educate yourself through that partnership.  You don't need to start with 30 units to learn, you just need to surround yourself with others who have already been there to help guide you through the process.  Good luck!

@Daniel Mendez As with most good markets, competition will always be fierce.  The way we stand out is we do what others are not willing to do.  Whether that is to make calls weekly to every broker in the market, visit that market 3-4 times per month or anything else that separates us from other investors.  You need to show the brokers/sellers that you are a serious buyer and the way to do that is to run your investments like a business (which it is).  You always need to be thinking of the next way to beat out your competition and to make your company better.  You can also team up with others in that market that are already doing what you want to do, you just need to figure out how to add TRUE VALUE to them.

@Willie E Phillips It is never too late!  It sounds like you are doing the right things by educating yourself.  I would suggest going out there and finding someone who is already doing what you want to do, build a relationship with that person and add value to their business.  Then partner or get mentorship from them to help you build your business.  Good luck in your journey!

@Edwin Campos

1. Researched the asset class I was interested in to be sure it was something I wanted to pursue

2. Hired a mentor

3. Educated myself through mentorship, books, podcasts, meetups and conferences

4. Built a 1 and 5 year plan

5. Took massive action!

@Alex Rodriguez For me it was the old fashioned way of saving up and purchasing my first single family rental.  If I had to do it over again I would learn how to use OPM (other peoples money) sooner so I could leverage and scale that faster all while helping others accumulate wealth as well!

@Dominque Echenique . Here is a good list to start with, we also have a YouTube channel with great resources to check out.

Books for Multifamily
-The Perfect Investment by Paul Moore
-The ABC's of Real Estate Investing by Ken McElroy
-Best Ever Apartment Syndication Book by Joe Fairless (This is a very specific niche so this would only be if you're interested in Multifamily Syndication)
-Both Rod Khleif and Michael Blank have free E-books you can download (google it)

Podcasts
-Rod Khleif
-Michael Blank
-Old Capital Podcast
-Joe Fairless - Best Real Estate Investing Advice Ever
-Real Estate New for Investors - Kathy Fettke
-Passive Income through Multifamily Real Estate

@Hanna Ryeng-Pezzillo My advice is stick to the course and you will find the next deal.  It's never easy but the key to success is consistency and perseverance. (and sometimes to take a look at what you can do to switch things up to be more competitive).  Good luck!

@Carson Scott Good for you, there are many of us out there that wished we started that young!  And no, it is never too early to get started.  The key is to educate yourself and align yourself with people who are already in the space you want to be in.  Keep it going and best of luck to you!

@Christopher Chen Here are a list of books that helped me out when I was first getting started, would love to know your thoughts once you read them!

-The Perfect Investment by Paul Moore
-The ABC's of Real Estate Investing by Ken McElroy
-Best Ever Apartment Syndication Book by Joe Fairless (This is a very specific niche so this would only be if you're interested in Multifamily Syndication)
-Both Rod Khleif and Michael Blank have free E-books you can download (google it)