497: Bigger Deals, Better Profits: 10 Steps to Your First Large Multifamily w/ Brian Murray and Brandon Turner 01:55:02

    <p>We’re back for part two with <a href="https://store.biggerpockets.com/products/the-multifamily-millionaire-volume-i"><em>The Multifamily Millionaire</em></a> authors <a href="https://www.beardybrandon.com/"><strong>Brandon Turner</strong></a><strong> and </strong><a href="https://www.biggerpockets.com/users/brianm27"><strong>Brian Murray.</strong></a> This time, Brian is on the mic to give you the <strong>ten steps to purchase your first large multifamily property</strong>. You may be thinking that these ten steps sound too easy for such a large deal, but that is part of the advice that Brian gives.</p><p>Brian wants smaller multifamily owners or even single-family owners to know that <strong>buying a </strong><a href="https://www.biggerpockets.com/blog/jump-to-large-scale-multifamily"><strong>large multifamily</strong></a><strong> property is just more volume, not a completely different skill set</strong>. If you own one or multiple units right now, you may have more skills than most to take down a 100-unit apartment building or a big <a href="https://www.biggerpockets.com/blog/mobile-home-parks-hottest-asset-class-2020">mobile home park</a>. The only thing standing in your way is the mindset.</p><p>This episode just scratches the surface of what’s possible in large multifamily real estate investing, the rest can be found in <a href="https://store.biggerpockets.com/products/the-multifamily-millionaire-volume-ii"><em>The Multifamily Millionaire Volume II</em></a><em>. </em>As a reminder,<strong> if you purchase before the end of August 2021, you’ll get a four-week multifamily masterclass, taught by Brandon Turner.</strong></p><p>In This Episode We Cover:</p><p>Why chasing<strong> larger deals leads to larger profits </strong></p><p>Understanding the <strong>skills needed to become a successful multifamily investor</strong></p><p>Shrinking your criteria down to a micro-level, not just a macro overview</p><p><strong>Starting (or investing in) </strong><a href="https://www.biggerpockets.com/blog/biggerpockets-money-podcast-219-j-scott"><strong>syndications</strong></a> so you can get into bigger multifamily deals</p><p><a href="https://www.biggerpockets.com/blog/multifamily-capital-stack"><strong>Capital stacks</strong></a>, <strong>debt</strong>, and<strong> other types of financing</strong> when buying large properties</p><p>Why <strong>underwriting </strong>is more than just putting numbers into a spreadsheet</p><p>And <strong>So </strong>Much More!</p><p>Links from the Show</p><p><a href="https://www.biggerpockets.com/forums">BiggerPockets Forums</a></p><p><a href="https://www.biggerpockets.com/investment-calculators">BiggerPockets Calculators</a></p><p><a href="https://www.biggerpockets.com/membership-types">BiggerPockets Pro Membership</a></p><p><a href="https://www.biggerpockets.com/youtube">BiggerPockets Youtube Channel</a></p><p><a href="https://www.biggerpockets.com/bookstore">BiggerPockets Bookstore</a></p><p><a href="https://www.instagram.com/beardybrandon">Brandon's Instagram</a></p><p><a href="https://www.instagram.com/davidgreene24/">David’s Instagram</a></p><p><a href="https://www.biggerpockets.com/blog/2015-06-11-bp-podcast-126-from-0-to-400-units-through-value-add-investing-with-brian-murray">BiggerPockets Podcast 126: From 0 to 400+ Units Through Value-Add Investing with Brian Murray</a></p><p><a href="https://www.biggerpockets.com/blog/buying-115-unit-apartment-complex-cash-pocket-brian-murray">BiggerPockets Podcast 212: Buying a 115-Unit Apartment Complex for No Cash Out of Pocket with Brian Murray</a></p><p><a href="https://store.biggerpockets.com/products/the-multifamily-millionaire-volume-i">Discover the Multifamily Book bonuses </a></p><p>Click here to check the full show notes: https://www.biggerpockets.com/show497</p>
  <p> </p><p>Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a></p>