More often than not, the epic journey from real estate investor to real estate mogul involves more than basic residential houses. I mean houses are great – don’t get me wrong. But most investors I know typically envision multifamily investments to be at least a part of the mix at some point – maybe even the ideal endgame.
And it’s classic “Rich Dad, Poor Dad”, right?
You start off with some residential rentals, build up your portfolio, manage them well, and then eventually leverage your way up to bigger assets with a more zeros on the end.
And the more you learn about real estate investing, the more tangible and apparent the advantages of multifamily apartments tend to become. Advantages like:
- More money: More zeros equals more profit for you, right? At least that’s the idea.
- Inflation hedge: Multifamily real estate investments tend to hedge well against inflation.
- Tax wins: Multifamily real estate is nicely depreciable.
- Economies…
Christopher Urso
is the founder of URS Capital Partners and National REIS. Chris has been investing in real estate since 2001. Over the years he has been involved in all aspects of real estate, from single-family fix and flips, buy and hold cash flow houses, and finally to apartment buildings. His real estate investment career only took off when he purchased his first apartment building 3.5 years ago. He now controls over $15,000,000 of apartments and has raised over $8,000,000 of private money in just over 3 years. He now structures investment partnerships to acquire large apartment complexes and also private coaches investors helping them purchase their own apartment buildings.