Is 2022 THE Year to Get Into Multifamily Real Estate?

Multifamily real estate can be a massive wealth creator, but you have to be willing to make the jump. If you own a single-family rental or a portfolio of single-family rentals, the world of large multifamily may seem scary to you. That’s why successful investors get educated before diving into multifamily. One of our own, J Scott, did the same when he offered a year’s worth of work for free in order to learn the multifamily game.

Joining him today are multifamily syndicators and thought leaders Ashley Wilson, Brian Burke, and Joe Fairless. Together these four investors manage over two billion dollars worth of multifamily real estate. And just like many listeners, they at one point started at zero.

J uses this episode as a multifamily roundtable, asking each of these veteran investor guests about the state of the housing market, where to invest, how to plan an exit, which strategies they use when investing, and how rookie investors can get started. Regardless of your unit count, experience, or real estate skills, all these investors believe that with some hard, creative work, you too can succeed in multifamily!

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Join BiggerPockets for FREE:
https://www.biggerpockets.com/signup
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Follow Ashley, Brian, and Joe on Instagram:
@badashinvestor or https://www.instagram.com/badashinvestor/
@investorbrianburke or https://www.instagram.com/investorbrianburke/
@besteverrealestate or https://www.instagram.com/besteverrealestate/
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Invest with Ashley, Brian and Joe:
Bar Down Investments: https://www.bardowninvestments.com/
Praxis Capital: https://praxcap.com/
Ashcroft Capital: https://ashcroftcapital.com/
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Books Mentioned on Today’s Show:
The Only Woman in The Room: https://www.amazon.com/dp/B08J862W1P/ref=dp-kindle-redirect?_encoding=UTF8&btkr=1
Best Ever Apartment Syndication Book: https://www.amazon.com/Best-Ever-Apartment-Syndication-Book-ebook/dp/B07H9D27X6/ref=sr_1_3?keywords=joe+fairless&qid=1636673751&s=digital-text&sr=1-3
The Hands-Off Investor: https://store.biggerpockets.com/products/the-hands-off-investor?variant=32588986974304&utm_source=magazine
How to Be a Power Connector: https://www.amazon.com/dp/B00JZZRVD0/ref=dp-kindle-redirect?_encoding=UTF8&btkr=1
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Connect with J Scott:
https://linktr.ee/jscottinvestor
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Follow J on Instagram:
@jscottinvestor or https://www.instagram.com/jscottinvestor/

Episode 532

Show notes at: https://www.biggerpockets.com/show532

0:00 Intro
1:48 Meet Brian, Joe, Ashley, and J
8:53 Why Invest in Multifamily in 2021?
17:26 Is Cap Rate Crucial in Multifamily?
24:42 Getting In and Out of Multifamily
32:27 Multifamily Investing Strategies
38:27 Analyzing Multifamily Markets
50:49 Transitioning from Single-Family to Multifamily
59:51 Finding Deals
1:22:06 Advice for Investors Getting into Multifamily