#365 FBF: Learn Multi-Family investing from the guy who literally wrote the book on it - with Steve Berges
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This week we're going to speak with Multi-Family industry expert, Steve Berges. If you've read any books on the topic of Multi-Family investing then you're probably familiar with Steve and his teachings.
Steve has been in this industry for quite some time and has completed more than $250 million in transactions from subdivision developments, to residential construction, single-family rentals, and of course, his favorite - multifamily apartment buildings!
Here are a few things you’ll learn in our interview with Steve today:
- How he got his start in the business prior to becoming an owner/operator
- The management advantages of owning multi-family properties versus single-family homes
- Why he feels that self-managing his first few multi-family properties was such a valuable learning experience.
- How he's converting unused garage space into rentable units on an apartment property he's currently acquiring.
- Why he doesn't prefer to do 1031 exchanges upon the exit of a property
- What excites him about the Houston market
- Why he prefers not to put his own money into the syndications he structures
- Why building quality relationships with brokers is a long term game plan that you need to continually invest your time into building upon
- Why he suggests that all new multi-family investors join a local investment club or apartment association
- Why Steve suggests that new investors should seek out a more experienced investor to team up or partner with who specializes in the particular asset type they wish to own
- The various reports and industry resources that he uses in his own business and how you can get most of them for free.
- And much more
- Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com
- Self Directed IRA Investment Opportunity – Click Here To Learn More About How You Can Invest With Us Through Your SDIRA
- Accredited Investors Click Here to learn more about partnering with me and my team on Mobile Home Park deals!
- Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com
- Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2