This also leads owners to ASSUME simpler is better when it comes to management contracts.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

Hey everyone,I’ve been diving into Chapter 1 of The Multifamily Millionaire, Volume II: Create Generational Wealth by Investing in Large Multifamily Real Estate by Brandon Turner and Brian Murray, and I wanted to share insights on one of the most important concepts: Crystal Clear Criteria (CCC).When scaling up to larger multifamily investments, having clear and specific criteria is critical for success.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

I have concepts that I hope to expand on, strategies that stick out to me when reading and podcast so far are buy and hold properties, the BRRRR method, and house hacking.

I understand your concept, but it appears the terms, lender and investors, are being used interchangeably.

I see that kind of structure (maybe different splits or thresholds) with first time LPs - it's generally simpler and easier to understand.

Participants in the commercial real estate space could do themselves a lot of favors by forgetting entirely the concept of purchase cap rate.Cap rate has only one useful purpose--and that is to estimate the price in which the property may sell for at a later date. 

@Kash Tacke I'm a big fan of ADU's in general especially here in the mid west, yes you could potentially be on the front of the wave, but housing density is the solution to the affordability issue, anytime you are investing with affordability in mind is a great strategy to me, and sound like there are some incentives or at least supporting winds form the local city, that in itself seems like it would be worth at least approaching an architect or contractor to bid up some plans or concepts to take tot he city.