What Criteria Points Make a GOOD Real Estate MULTIFAMILY Deal?

Save
3 years ago
2

*** Download Your FREE Money Guide NOW!***
👉🏼 https://www.jayconner.com/7-reasons-report-youtube/ 👈🏼
______________________________________________________________________
Finding the right kind of property is key to success in any real estate asset class, especially in the multifamily space. There are quite a few distinctive factors to look out for when it comes to multifamily properties and you need to be aware of them if you want to be successful.

Watch this video to have a better idea about the criteria points that make a good multifamily deal and why they’re the ones that make sense!

Key Talking Points of the Episode

[00:00] Introduction
[00:26] How should you look at multifamily properties?
[01:11] What criteria points make a good multifamily deal?
[02:25] Why is it a good idea to find a building near a school?

Quotables

“I don’t look at these pieces of real estate as investments, I really look at them as operating businesses because that’s really what it is at the end of the day.”

“There’s a good way to run it and there’s a bad way to run it, so there really is a huge business aspect about it.”

“I look at it like a product, what type of environment did I want my product in, to have good demand generators located around it, and easy access to transportation around it.”

“The properties that are a fit for me, personally, were buildings that had a little bit of meat on the bone as far as being able to fix them up and go in, not dilapidated by any chance.”

“The ones that we bought had old, outdated mechanicals. Old boilers and stuff like that.”

“We used some state and local municipality grant programs to fix that up for free.”

“As far as demand generators, I’d like to see stuff that’s very close to schools and some sort of mass transportation right outside.”

“Generally speaking, investments that are around schools tend to do pretty well and have much less crime than any other area.”
___________________________________________________________________
Private Money Academy Conference: https://www.jayconner.com/learnrealestate/

Have you read Jay’s new book: Where to Get The Money Now?
It is available FREE (all you pay is the shipping and handling) at https://www.JayConner.com/Book

Free Webinar: http://bit.ly/jaymoneypodcast

Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $64,000 per deal.

#RealEstate #PrivateMoney #FlipYourHouse #RealEstateInvestor

What is Real Estate Investing? Live Private Money Academy Conference
https://youtu.be/QyeBbDOF4wo

YouTube Channel
https://www.youtube.com/c/RealEstateInvestingWithJayConner

iTunes:
https://itunes.apple.com/ca/podcast/real-estate-investing-minus-bank-flipping-houses-foreclosure/id1377723034

#RealEstateInvesting #RealEstate #RealEstateForBeginners #PrivateMoney #FlippingHouses #Probate #AntFarm #JayConner

Loading comments...