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Real Estate Training & Coaching School

HARRIS RULES: Must Knows For Multifamily Investing

Real Estate Training & Coaching School

Real Estate Training & Coaching School

Business, Careers

4.7669 Ratings

🗓️ 23 January 2018

⏱️ 34 minutes

🧾️ Download transcript

Summary

Yesterday's podcast we discussed the benefits which multifamily space provides.  Now we'll look at how to calculate value.  In multifamily investing, it is all about the net operating income (NOI) of the property and the fact that the investor is purchasing the property based on an income stream. First we have to understand some key terms, and then we'll move on to the bigger concepts Schedule A Free Coaching CallVisit Tim & Julie Harris OnlineListen on iTunesListen on Stitcher

Transcript

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0:00.0

Welcome to Real Estate Coaching Radio, starring award-winning real estate coaches and number one international bestselling authors, Tim and Julie Harris.

0:21.2

Real Estate Coaching Radio is the nation's number one daily radio show for realtors

0:25.9

who demand authentic real-time coaching.

0:29.1

Get ready for fluff-free, unfiltered, full-strength honesty about what's truly working

0:34.0

to get you into action, helping others, and making money now in today's real

0:38.6

estate market. Now to our hosts, Tim and Julie Harris.

0:45.7

Welcome back to Real Estate Coaching Radio. We are your host, Tim and Julie Harris. Get ready,

0:50.3

get buckled in, and be ready to take notes. We're going to be deep diving more into investing,

0:55.8

and this is going to be, I think, the third or fourth part series

0:59.1

that we're doing on property investing,

1:01.3

and of course we're taking the usual Harris Rules approach,

1:04.4

making it practical and tactical.

1:06.4

So get ready to take notes.

1:07.6

Julie's going to be giving us some actual math, basic math, the basic stuff you

1:12.6

need to. Yuck, yucky, yucky, as though he would say. But we're going to be giving you the math on

1:18.6

multifamily's, and we're going to be integrating it. And I think hopefully what you guys all agree is

1:23.9

easy to swallow, easy to understand bits of information. It's very important, and Julie

1:28.5

said this yesterday, that you don't just summarily write something off because it seems a little

1:33.2

complicated. We know some of this formuletic approach to investing in real estate does seem a little

1:38.0

complicated, and so what we're going to do is break it down and make it very simple. And we're also

1:41.8

going to give you all of our hacks, all the things we've learned over the past couple decades from property investing and obviously

1:47.0

working with all of our coaching clients to property invest. By the way, guys, I do not know.

...

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