Multifamily real estate investing can be scary to a new investor. After all, buying more units requires more money, more resources, and a larger team. But today’s guest is here to show you that multifamily investing is not nearly as intimidating as it may seem and why NOW is the perfect time to get started!
Welcome back to the "Real Estate Rookie" podcast! In this episode, Andrew Cushman delivers a masterclass in multifamily real estate. Andrew got his start flipping houses for profit, only to find that he was missing out on the consistent cash flow and long-term appreciation of buy and hold properties. So, he dived headfirst into the world of multifamily investing. Today, he shares how he landed his first multifamily deal—the good, the bad, and the ugly.
If you’ve ever considered buying multifamily properties, Andrew explains why you should start now. He also offers some essential tips for investing in today’s market and provides a wealth of resources to help you define your perfect buy box. Finally, you’re going to need the right people around you to tackle multifamily real estate. Andrew shows you how to build your team and how to pitch a long-term buy and hold property to potential investors!
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~~~~ Is This Deal Worth My Time? The 6 Crucial Steps to Vet a Multifamily Deal w/ Andrew Cushman:
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~~~~ Resources to Help You Build Your Buy Box: JCHS: ESRI: FEMA: BLS: Rich Blocks Poor Blocks: Bright Investor: Neighborhood Scout: ~~~~ Connect with Andrew: BiggerPockets: LinkedIn: Vantage Point Acquisitions: ~~~~ Connect with Ashley and Tony on BiggerPockets: Ashley: Tony: ~~~~ Connect with Ashley and Tony on Instagram: Ashley: @wealthfromrentals or Tony: @tonyjrobinson or
Show notes at:
00:00 Intro
01:50 Should You Buy Multifamily NOW?
04:14 COSTLY Multifamily Investing Mistakes
07:55 Analyzing Deals in Today’s Market
11:22 Multifamily Deals Gone Wrong
24:53 How to Fund Your First Deal
32:00 Building Your Buy Box
41:04 Assembling a High-Performing Team
48:49 CRUCIAL Multifamily Buying Tips
56:03 Connect with Andrew!
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By: Real Estate Rookie Title: The Rookie’s Ultimate Guide to Multifamily Real Estate Investing Sourced From: www.youtube.com/watch?v=yEcNuqb30Oo
