Ep #65: Investing in and Making Money with small Multi-Family Properties - with Lance Edwards

Our guest for this week’s show is multifamily Real estate investor, Lance Edwards. Lance is going to share with us some of the benefits of investing in smaller multifamily properties and why he feels there are multiple competitive advantages in these smaller unit buildings which makes it a great place for investors who are just getting started and are interested in buying their first Multi-family property.

In this show you’re going to learn:

• How to use OPM or other people's money to acquire multifamily properties
• Why Lance refers to apartments as "Cash Flow" Vehicles
• What economic fundamentals he looks for in markets he wants to invest in
• Why cash flow is king and appreciation is just icing on the cake
• His method for new investors which he calls flip, flip, flip, buy and hold (rinse and repeat)
• How to use the MLS to find these smaller multi-family deals
• How he wholesaled an $11 million multifamily apartment building.
• How he uses direct mail to find a majority of his deals
• How to get a copy of his free book "How to make big money in small apartments" by going to www.FreeApartmentsBook.com
• Why he feels strategic partners are extremely valuable and can help accelerate your RE business
• Why you need to become an expert marketer if you want to succeed as a real estate investor
• And much more

Recommended Resources:

• Download my free success guide, “7 habits of highly successful multi-family investors” by going to www.KevinBupp.com/guide
• Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2
• Looking to invest in Mobile Home Parks? Want to JV with me on deals? If so, schedule a call with me and let’s talk. Click here https://www.timetrade.com/book/FGF7S
• Learn more about Lance and download a few copy of his book by going to http://www.FreeApartmentsBook.com