496: Become a (Small) Multifamily Millionaire in 7 Steps w/ Brian Murray and Brandon Turner 01:40:16

    <p>For the most part, <a href="https://www.beardybrandon.com/"><strong>Brandon Turner</strong></a> was able to <strong>achieve </strong><a href="https://www.biggerpockets.com/blog/key-to-financial-independence-has-nothing-to-do-with-real-estate"><strong>financial independence</strong></a> through <strong>small multifamily investing</strong>. This is why investing in duplexes, triplexes, quadplexes, and even 24-unit apartment buildings can be a fantastic learning experience and money maker for new landlords. But how do you get started if you’ve never bought a property before?</p><p>Brandon and his co-author of <a href="https://store.biggerpockets.com/products/the-multifamily-millionaire-volume-i"><em>The Multifamily Millionaire</em></a>, <a href="https://www.biggerpockets.com/users/brianm27"><strong>Brian Murray</strong></a>, walk through the <strong>seven steps to go from real estate onlooker to small multifamily master</strong>. We talk about everything from defining your criteria, financing, management, lead generation, and more. If you’re looking to build a portfolio of small multifamily properties that will allow you to <strong>break out of the rat race</strong> and do more of what you love (which may be large multifamily), make sure you not only listen to this whole episode but <strong>get Brandon and Brian’s new book</strong>!</p><p><strong>This is a two-part episode series</strong>. In part one we talk about small multifamily and in part two we talk about large multifamily, both episodes have <strong>crucial information for anyone trying to get into the multifamily space</strong>!</p><p>In This Episode We Cover:</p><p>The <strong>difference between </strong><a href="https://www.biggerpockets.com/blog/small-or-midsized-multifamily"><strong>small multifamily</strong> properties <strong>and large multifamily</strong> properties</a></p><p><strong>Financial independence vs. generational wealth</strong> and understanding which goal you have</p><p>Why you don’t necessarily need to<strong> start small in multifamily</strong></p><p>Defining your <a href="https://www.biggerpockets.com/blog/achieving-success-real-estate-investing-3-cs"><strong>crystal clear criteria</strong></a> and knowing what you want</p><p><strong>On-market leads vs. </strong><a href="https://www.biggerpockets.com/blog/off-market-multifamily"><strong>off-market leads</strong></a> and the pros/cons of both</p><p><strong>Financing small multifamily</strong> properties and house hacking</p><p>The “<strong>multifamily warp</strong>” that takes you from newbie investor to multi-millionaire</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/youtube">BiggerPockets Youtube Channel</a></p><p><a href="https://www.biggerpockets.com/bookstore">BiggerPockets Bookstore</a></p><p><a href="http://realtor.com/">Realtor.com</a></p><p><a href="https://www.loopnet.com/">LoopNet</a></p><p><a href="https://www.zillow.com/">Zillow</a></p><p><a href="https://www.jasondreescoaching.com/">Jason Drees's Coaching</a></p><p><a href="https://www.instagram.com/ryan.murdock21/?hl=en">Ryan Murdock's Instagram</a></p><p><a href="https://www.linkedin.com/in/goformike">Mike Williams's LinkedIn Profile</a></p><p><a href="https://www.instagram.com/cabagz/?hl=en">Micah Cabagbag'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>Check the full show notes here: https://www.biggerpockets.com/show496</p>
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