Multi-Family Millions: How Anyone Can Reposition Apartments for Big Profits (Hardcover)
By admin. Filed in chicago multi family real estate |Tags: Anyone, Apartments, Hardcover, Millions, MultiFamily, Profits, Reposition
Product Description
Multi-Family Millions offers expert advice for investors who want to make the transition from single-family homes to more profitable multi-family units. Successful real estate investor David Lindahl shows you how to find troubled properties that are ripe for quick profits, how to fix or flip those properties, and how to re-sell at maximum value. With a proven step-by-step system for managing each stage of the process, this book shows you how to get started in moneymaking multi-family units?even while you work your day job.
From the Inside Flap
Dave Lindahl was a broke landscaper when he used a cash advance on his credit card to buy his first three-unit apartment house?and immediately reaped a $972 per month positive cash flow. Twelve months later he owned eleven multi-family buildings and had $10,000 per month in extra income. Today, he controls over $140 million in real estate. In Multi-Family Millions, Lindahl shows you how anyone can get started investing in small apartment houses and make great money doing it. You can do it on a part-time basis, and best of all, you never need to deal with tenants.
Compared with single-family homes, multi-family properties hold much greater profit potential and allow you to earn more money on each deal you complete. There is also far less competition in the multi-family market. In addition, having more units under a single roof reduces your investment risk and offers higher long-term profits. The rewards of multi-family investing are obvious, but how can you benefit when you have very little time or money?
Multi-Family Millions is the step-by-step guide that shows you how to get into the multi-family game?and get out with big profits. It provides expert coverage of the most effective investing strategies and gives you guidance on every stage of the process?from finding properties with great profit potential to buying, renovating, and reselling them for big money.
With Lindahl’s expert help, you’ll discover how to:
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Identify troubled multi-family properties that are ripe for repositioning
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Negotiate great purchase prices for target properties
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Flip properties for fast cash or improve them with affordable, value-adding repairs
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Resell properties at maximum value with minimum hassle
No matter your level of investing expertise or experience, Multi-Family Millions gives you the perfect strategy for success?especially for investors with little time and little cash on hand. Whether you’re an expert investor or just starting out, Multi-Family Millions reveals the proven strategies, tactics, and infor-mation you need to make big profits?faster and easier than you ever thought possible.
Monday, June 22nd 2009 at 11:48 pm |
5.0 out of 5 stars
Great Book
A must have for any investor of apartments, small or large. I am glad I read it.
Tuesday, June 23rd 2009 at 3:46 am |
If someone had a great idea on how to make money why would they tell everyone about it? Why not just got put your idea into practice and make all the money yourself? Because the author of this book is the nicest guy in history? I think it is because he can make more money selling you a bad idea than he can make exploiting the idea itself. That would mean the idea is not very good. Conclusion: Don’t buy this book.
Another thing to note. All the other reviewers for this book that gave it four stars. Click on their names. They never reviewed a book before this one. Seem slightly suspicious? It does to me.
Run a search on Google for the title of this book. Find any sites that give a review? Find anything that would indicate how this book leapt to #1 on Amazon? Was the book discussed on any TV shows or on NPR or anywhere else? I didn’t find anything.
Better yet, run a search on Google for the author of the book. That is where I found the interesting things.
Also go read the review for his other book: Emerging Real Estate Markets: How to Find and Profit from Up-and-Coming Areas
Here is what a reviewer had to say about that book:
Although the book discusses emerging markets (local markets on the upswing) this is standard advice given in any real estate book. It’s not like the whole book specializes on that topic. The book focuses on multi-unit apartment buildings.
More accurate title: Decent book on investing in multi-unit apartments and lots of plugs for my website and products.
Tuesday, June 23rd 2009 at 6:08 am |
5.0 out of 5 stars
Excellent Book
This book is excellent! It offers great insight into how to build fortunes through apartment building repositioning. The book has a nice flow and is written extremely well.
Tuesday, June 23rd 2009 at 7:31 am |
This book is well written and very informative. It also got me excited about the possibilities of multi-family investing. As with most real estate investing books, it gives you enough information to get yourself in trouble if you are not careful, but there is a lot of good information that can be used as a stepping stone to get to your investment goals.
Tuesday, June 23rd 2009 at 10:03 am |
I have been an investor and rehabbing for several years with single and dual family homes. During this time I have read several books on Multi Family Apartment ownership. For some time I have wanted to move on to larger units but was concerned that I didn’t have the knowledge to move forward. Each time I finished reading the other books I came away still feeling I needed more practical information to move forward. After reading Dave’s book I came away feeling it’s time to make the move (to take action). I have now started putting my team together following the advise Dave outlines in this book. So far it is working great.
Tuesday, June 23rd 2009 at 10:21 am |
4.0 out of 5 stars
Education on the run
This was a well written and informative book. It included many examples of forms and real world usable information.
Tuesday, June 23rd 2009 at 5:11 pm |
4.0 out of 5 stars
this is much simpler than building
i have been a builder for the last 10 yrs. i only i would have known about this information simplified the way it is, i would not been working for 80 hrs.
Tuesday, June 23rd 2009 at 11:58 pm |
5.0 out of 5 stars
If You’re An Active REI…Buy This Book!
I love this book! Dave spoke at my REI club a few years ago and I went to the 1 day seminar that followed.
Wednesday, June 24th 2009 at 2:50 am |
5.0 out of 5 stars
EXCELLENT BOOK!
I love this book. I highly recommend it. Make sure you have a pen and piece of paper ready to take notes. Your going to need it.
Thanks Dave!
Wednesday, June 24th 2009 at 7:09 am |
5.0 out of 5 stars
Money Well Spent
The value of this book is in the application of the principles explained within. Dave does a fantastic job in conveying these principles.
Wednesday, June 24th 2009 at 12:49 pm |
5.0 out of 5 stars
Great Book a Must Read
This book is very simply to read and understand. The author does a great job in making you see the big picture of Multi-family investing.
Wednesday, June 24th 2009 at 2:35 pm |
3.0 out of 5 stars
Basic info- gold mine inside
David once again, over delivers, there are tiny nuggets of gold for those who read every chapter. Basic in the sense if you read and understand a newspaper you will be able to…
Wednesday, June 24th 2009 at 3:17 pm |
1.0 out of 5 stars
Be nice if I received it first
it makes no since to be requested to write a review for a book that was never received. I have waited the entire month of May and still do not have this order.
Wednesday, July 1st 2009 at 1:24 am |
Have you ever thought of spending a dream holiday in a luxury apartment for less than 50 Euros per night? To wake up in a sunny penthouse with incredible views of the Roman Coliseum or having breakfast dazzled with the light of the Mediterranean. Or just simply having a romantic dinner under the melancholic moonlight in Lisbon?