Multifamily Masterclass - How to buy in ANY part of the cycle | Andrew Cushman

Action Academy | Replace The Job You Hate With A Life You Love

Brian Luebben

Corporate, Careers, Business, Financial Freedom, Small Business, Entrepreneurship, Biggerpockets, Investing, Millionaire, Real Estate, Passive Income, Alex Hormozi, Commercial Real Estate

5 • 683 Ratings

🗓️ 19 January 2022

⏱️ 56 minutes

🔗️ Recording | iTunes | RSS

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Summary

Ever wanted to know how people buy Apartment Complexes? Today's guest will teach you everything you need to get started today. Andrew Cushman is a former chemical engineer who found his entrepreneurial calling in real estate. In 2007 Andrew left his corporate position to start a business in real estate investment, starting off flipping single family properties in Southern California. Sensing a shift in the market, in 2011 Andrew transitioned to multifamily acquisitions and has successfully s...

Transcript

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0:00.0	2021 was the best year our multifamily business has ever had by far. Our existing properties just
0:06.2	blew it out of the water in terms of collections and that operating income. And then we also did
0:13.2	the biggest acquisitions we've ever done. We bought one for $49.8 million, which is the biggest
0:18.3	that we've done. And then the current one that we have
0:21.8	under contract, when that closes, we'll have acquired 670 units for about 108 million in a 12-month
0:29.0	period, which for us is huge. 2021, fortunately, it was pretty awesome over here.
0:36.5	Welcome to the Action Academy podcast.
0:40.3	Stand back while I celebrate freedom.
0:42.7	The show where we help you achieve financial independence with the mindsets,
0:47.9	methods, and actionable steps from guests who've already earned their freedom.
0:53.1	The flags of freedom fly.
0:56.2	Choose to do what you want.
0:58.5	What you want.
0:59.3	With who you want.
1:00.3	With who you want.
1:01.4	When you want.
1:02.4	When you want.
1:03.6	With another episode today.
1:06.1	Now, here's your host, Brian Lubin.
1:13.1	What's up, what's up?
1:14.8	Hello for the first time or welcome back to another episode of the Action Academy podcast.
1:19.9	I'm your host, Brian Lubin, bringing you the mindsets, methods, and actionable steps from guests who have already earned their freedoms
	...

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