The Multifamily Millionaire, Volume I: Achieve Financial Freedom by Investing in Small Multifamily Real Estate

by Brandon Richard Turner, Brian Harold Murray

Overview

Multifamily real estate investing can turn anyone into a multimillionaire—but only if you buy the right deals, achieve the right cash flow, and run your business the right way!

In this groundbreaking first volume of The Multifamily Millionaire series, experienced real estate investors Brandon Turner (cohost of The BiggerPockets Podcast) and Brian Murray (author of Crushing It in Apartments and Commercial Real Estate) share the exact, step-by-step blueprint you need to get started with small multifamily real estate. No matter how much cash or experience you currently have, this book will take you on a journey through buying your first multifamily investment property and give you a framework for turning that single investment into long-term financial freedom.

Millionaires are created every day. Isn’t it time you joined their ranks? It won’t happen overnight and it won’t always be easy, but The Multifamily Millionaire series will make sure it happens sooner than you ever thought possible!

Inside this book, you’ll discover:

How to create a million-dollar net worth in five years using The Stack method

The seven different types of small multifamily real estate and which make the best rental properties

How to quickly and accurately analyze your multifamily investment property, whether it has two units or twenty

Three creative no- and low-money-down strategies that work in any market

A game-changing algorithm for estimating your ongoing repair and reserve expenses

The powerful Multifamily Millionaire Method, which shows you how to create a million dollars in net worth from one single deal

Six off-market acquisition strategies to help you land incredible deals, even in a competitive market

How the BRRRR strategy can help you supercharge your small multifamily portfolio

Detailed instructions for managing your growing portfolio (hint: five-star tenants!)

And so much more!

Product Details

ISBN-13:	9781947200951
Publisher:	BiggerPockets Publishing
Publication date:	08/24/2021
Series:	The Multifamily Millionaire , #1
Sold by:	Barnes & Noble
Format:	eBook
Sales rank:	458,239
File size:	5 MB

About the Author

Brandon Turner is an author, entrepreneur, and active real estate investor with more than 500 rental units and dozens of rehabs under his belt. He is the vice president of BiggerPockets, a cohost of The BiggerPockets Podcast, and the author of seven books, including best sellers like The Book on Rental Property Investing and How to Invest in Real Estate. Combined, his books have sold more than a million copies. Brandon has been featured in numerous online and print publications—including Forbes.com, Entrepreneur.com, and Money magazine—where he enjoys showing others the power and impact of real estate investing and financial freedom. A lifelong adventurer, Brandon (along with his wife and daughter) splits his time between his home in Kihei, Hawaii and various other destinations around the globe.
Brian Murray is the best-selling author of Crushing It in Apartments and Commercial Real Estate and a real estate investor with more than thirteen years of experience. Without raising any outside capital, Brian bootstrapped his way from newbie investor to founder and CEO of Washington Street Properties, a commercial real estate investment and property management company that has been ranked on the Inc. 5000 list of the nation’s fastest-growing private companies for five years. In 2015, Brian was recognized with a Gold Stevie Award for Executive of the Year in the real estate industry. He is also the key principal and asset manager for Open Door Capital, a real estate investment firm that helps clients achieve superior returns through the acquisition of value-add manufactured housing communities. He currently lives in Alpharetta, a city just north of Atlanta, Georgia.

What People are Saying About This

From the Publisher

Praise for The Multifamily Millionaire series

"Brandon and Brian continue to highlight the opportunities available in real estate…This book provides a straightforward way to achieve financial freedom through multifamily!”
—Michael Blank, author of Financial Freedom with Real Estate Investing

“A reference guide that should be read slowly and studied intensely, Multifamily Millionaire seems like a college course disguised as a book. Brandon Turner is a trusted voice in real estate education.”

—John Soforic, author of The Wealthy Gardner

“The crazy thing about real estate investing is just how attainable it is for anyone—and Brandon and Brian do a masterful job of showing just how to build your own portfolio.”

—Steve Sims, author of Bluefishing: The Art of Making Things Happen

“This book put a spotlight on my dreams and challenged me to think way bigger… in terms of not just money but legacy and impact.”

—Chris Greenwood, aka Manafest

“This is a clear and concise guide from someone who knows the business well… and [it] takes a fresh approach to some tired industry cliches. This book more than lives up to its title!”

—Seth Mosely, GRAMMY award-winning producer and songwriter

Praise for Brandon Turner's How to Invest in Real Estate

Winner of Indie Press Awards 2019
First and Second Place CIPA EVVY Awards 2019

”An insider’s perspective, full of encouragement and resources for newcomers… Interested readers will still find the book substantially useful as a starting point.”

—Kirkus Review on How to Invest in Real Estate

”I only wish this book had been written in 2005 when I was starting my real estate investing journey!”

—Ken Corsini, Real estate investor and star of HGTV’s Flip or Flop Atlanta

Praise for Brian Murray’s Crushing It in Apartments and Commercial Real Estate

Gold Award Winner, Nonfiction Book Awards

Gold Award Winner, 2018 Robert Bruss Real Estate Book Awards

“A strong choice in a crowded category.”

—Publisher’s Weekly

“Newbies and professionals alike will benefit from this volume, which is chock full of insight and solid investing advice.”

—BlueInk Review