From 2 Units to 2,000 w/ Multifamily Investor Brandon Turner

Multifamily investor Brandon Turner owns a lot of real estate. While some are single-family homes, much of his portfolio is small and large multifamily properties. Why did he go into this niche and does he see value that many investors simply overlook? What do multifamily beginners need to know before they start?

Brandon hits on some key aspects of becoming a successful multifamily owner, diving deep into topics like why rookies should start in small multifamily, how to find a mentor and build partnerships, what to do before you jump into multifamily, and looking for value-add opportunities. One piece of advice he is very adamant about is that multifamily isn’t that much harder than single-family. If you already own a single-family rental property, buying a duplex, triplex, or quadplex won’t be that intense of a learning curve for you.

If you’re a rookie who has been successful in small multifamily, it may be time for you to start tackling those 10+ unit deals. Brandon also touches on this and shares stories from his fund, Open Door Capital, where they’re pursuing VERY large multifamily deals.

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Join the Real Estate Rookie Facebook Group:
  / realestaterookie  
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Grab The Multifamily Millionaire:
Volume I: https://store.biggerpockets.com/produ...
Volume II: https://store.biggerpockets.com/produ...
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Join a Local Real Estate Meetup:
http://biggerpockets.com/events
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Follow Brandon on Instagram:
@beardybrandon or   / beardybrandon  
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Follow Ashley and Tony on Instagram:
@wealthfromrentals or   / wealthfromrentals  
@tonyjrobinson or   / tonyjrobinson  

Episode 100

Show notes at: https://www.biggerpockets.com/rookie100

0:00 Intro
3:57 The Multifamily Man Himself!
8:13 Should Rookies Start in Small Multifamily?
13:42 Finding Mentors and Partners
18:45 Managing a Multifamily
27:30 Defining Your Crystal Clear Criteria
32:40 Analyzing Multifamily Deals
37:10 Finding Value-Add Opportunity in MFH
41:32 Finding Multifamily Deals
53:57 Downsides of Multifamily Investing