Five Of The Best Books On Multifamily Investing Of All Time
If you’re considering investing in real estate, you can get great information from books. Below are 5 of the best books on multifamily investing you should check out if you want to expand your portfolio. It is also a good read for new investors as it breaks down the process into simple steps. It covers topics like how to find and evaluate deals, negotiate offers, and more.
The ABCs of Real Estate Investing by Ken McElroy
When you’re new to real estate investing, you may feel overwhelmed or unsure of what to do. This is where solid advice and insights from the pros can be helpful.
The ABCs of Real Estate Investing by Ken McElroy is one of those books. It covers everything from finding promising properties to negotiating deals by the numbers.
The book has been highly recommended by many investors and is a great starting point for anyone considering a multifamily investment. It is also an excellent resource for people who have already started in the industry and want to improve their skills.
The Definitive Guide to Underwriting-Multifamily Investing
The Definitive Guide to Underwriting Multifamily Acquisitions is an enlightening look into commercial real estate finance. Its well-crafted layout and user-friendly navigation system will leave you feeling like a real estate mogul when you finish reading it. The book outlines the main components of the triumvirate, or three-part financial structure while providing some helpful background on the industry’s history. It’s a must-read for anyone involved in the multifamily sector and even those considering a move into it. The book is chock full of interesting nuggets and tidbits, and its authors will be there to help you find them all. The best part about the book is that it is free to download. Whether you are looking to acquire your first multifamily property or you are a seasoned investor with a portfolio of properties to manage, this book that will prove to be a worthwhile investment.
The Multifamily Millionaire by Brandon Turner and Brian Murray
The multifamily trifecta is a family of properties that include apartments, condos, and townhomes. The best way to make money in this lucrative industry is to acquire properties at the right time and price. This short and snappy guide will help you do just that. It will also highlight the essential facets of this complex business and weed out the good, the bad, and the ugly. The guide will be a must-read for anyone with a penchant for real estate.
The Multifamily Real Estate Booklet by David Lindahl
Investing in multifamily real estate is a great way to generate cash flow and create wealth. It offers higher returns than single-family properties, and the cost per unit of management and maintenance is less due to economies of scale.
David Lindahl is a successful real estate investor with a proven step-by-step system for managing every stage of the process. In this book, he shows you how to find troubled properties ripe for quick profits, fix and flip them, and re-sell them at maximum value.
It also covers tax strategies and the importance of having a tax professional with personal experience on your team. It’s a must-read for both beginners and seasoned investors.
The Multifamily Investors Who Dominate by Beau Beery
Beau Beery is a real estate professional who has been in the business since 1999. He has earned a bachelor’s degree in marketing. And a master’s in real estate. He also holds the prestigious CCIM designation. Beau Beery is a multifamily broker with Coldwell Banker Commercial in North Florida. He has a successful YouTube channel showing how to buy and sell properties.
The Multifamily Investors Who Dominate by Beau Beery is an excellent resource for beginner investors looking to get into the multifamily investment game. This book will help you learn the basics of investing, including how to find deals, how to win them, and how to close them effectively. It will also teach you how to use a CRM database to track your properties and communicate with brokers and referral sources.