506: Achieving Financial Freedom Through Small Multifamily Investing

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Investing, Business

4.8 • 16.6K Ratings

🗓️ 16 September 2021

⏱️ 83 minutes

🔗️ Recording | iTunes | RSS

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Summary

Financial freedom is attainable for all of us, but how fast we reach it differs greatly. You may be making $100 profit per month on each single-family home you buy, but what if you could multiply that profit? A duplex becomes $200 per month, a fourplex, $400, and a 16 unit apartment will net you a solid $1,600 per month. Now, it’s not a goal of buying 50+ single-family homes to reach financial freedom, it’s buying 10 or so small multifamily investments. This simple mindset tweak can change your life and investing career forever, it certainly did for Brandon Turner, host of The BiggerPockets Real Estate Podcast and author of The Multifamily Millionaire. This pre-recorded webinar walks through the key benefits of investing in small multifamily, how to find and finance deals, risks to look out for, and scaling so you can go full-time in real estate. There are tons of tips, tricks, and free giveaways (including discount codes) throughout this episode, and if you’re looking for visuals, head over to the BiggerPockets Youtube Channel to see the full slideshow! In This Episode We Cover How to reach financial freedom through small multifamily investing The four key benefits of investing in multifamily properties How to find deals (even if you live in an expensive area) How to analyze your multifamily deals using the BiggerPockets Calculators Financing your deals using FHA loans, conventional loans, and seller financing Risks and dangers to look out for in your next deal And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Youtube Channel The BiggerPockets Bundle Giveaway BiggerPocketsWebinar: How to Become a Real Estate Millionaire (presented by Brandon Turner) BiggerPockets Podcast 463: How to Get Your First or Next Property (Step-by-Step) in 90 Days BiggerPockets Rental Property Calculator BiggerPockets Podcast BiggerPockets Webinar Replays BiggerPockets Bookstore BiggerPockets Perks BiggerPockets Insights BiggerPockets Books BiggerPockets Multislides BiggerPockets 7 Years to 7 Figure Wealth BiggerPockets Pro Upgrade Realtor Open Door Capital Gary Keller Multiple Listing Service (MLS) Email Your Questions: podcast@biggerpockets.com Check the full show notes here: https://www.biggerpockets.com/show506 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is the bigger pockets podcast show five, oh six.
0:05.1	This is how to think about real estate growth.
0:09.9	So the small multifamilies, the duplex, the fourplex,
0:13.9	they are teaching you the lessons needed to get to these deals,
0:18.0	the bigger ones that come later.
0:19.9	Now, can you stay here forever?
0:21.5	Of course, you can stay at the top ones forever, but I don't want to.
0:25.1	Like, I want to get down to the bigger deals.
0:26.5	And that's why like we buy routinely now 100 unit properties.
0:30.0	You're listening to bigger pockets radio, simplifying real estate for investors
0:34.5	large and small.
0:36.3	If you're here looking to learn about real estate investing without all the
0:39.5	hype, you're in the right place.
0:42.1	Stay tuned and be sure to join the millions of others who have benefited
0:45.8	from bigger pockets dot com.
0:48.1	Your home for real estate investing online.
0:51.1	What's going on, everyone?
0:51.9	It's Brandon Turner, host of the bigger pockets podcast here alone today.
0:56.2	I got no David Green today because today is a little bit different of a show.
1:00.3	So you've probably noticed here on the bigger pockets podcast lately,
1:03.4	we've been changing it up a little bit with a few different formats,
1:05.8	try not a few things.
	...

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