Reddit Reddit reviews Investing in Apartment Buildings: Create a Reliable Stream of Income and Build Long-Term Wealth

We found 1 Reddit comments about Investing in Apartment Buildings: Create a Reliable Stream of Income and Build Long-Term Wealth. Here are the top ones, ranked by their Reddit score.

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Investing in Apartment Buildings: Create a Reliable Stream of Income and Build Long-Term Wealth
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1 Reddit comment about Investing in Apartment Buildings: Create a Reliable Stream of Income and Build Long-Term Wealth:

u/Altair2012 ยท 25 pointsr/RealEstate

I love this question and always get it from friends of mine. I just send them the same list of books that got me started and convinced me to pursue strictly investing in multi-family. These have all been out for some time but the fundamentals of deal analysis have pretty much stayed the same. IMO, the multi-family game is all about numbers and finding ways to add value and force appreciation.

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In no particular order (and affiliate link free), these are all easy reads and great resources to get started;

  1. Investing in Apartment Buildings
  2. Multi-family Millions
  3. The Complete Guide to Buying and Selling Apartment Buildings
  4. Honorable mention (non necessary commercial re but still great for learning analysis and calculating returns) Investing in Duplexes, Triplexes & Quads

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    These will all talk about why multi-family can work better than single family and will familiarize you with concepts such as capitalization rate, its importance, how to calculate it, gross rent multiplier, internal rate of return, cash on cash return etc.

    I've grown my re career as an investor over the past 16 years and am still learning new things everyday but for me there is no other tool like it that provides the potential for economic freedom.