Darin Garman’s Heartland Multi-Family Show

On this episode of the Heartland Multifamily Show, I give 3 gold nuggets of advice that will make the difference between striking gold and striking out. It can take a lot of money to invest in a multi-family property, but there is also a lot of money to be made, if you do your diligence. The first thing you have to do is find properties that already have a long-term owner willing to sell to you. Second, find ways to realistically raise the rents on your tenants. And third, find ways to cut costs. Often, property owners are leaving money on the table, if you invest properly, you can take that money that they’re leaving behind.

1- MFA (Multi-Family Assessment) which consists of budget review, cut the fat, and have cash

2- CEM (Culture, Energy, Manifesto)

3- Get aggressive

4- Invest in yourself

5 - Deal with reality, but don’t get distracted

 

Listen this video to learn exactly what I mean by these terms, and how you can be ready when the opportunity comes that other people can’t take advantage of.

Welcome to the debut episode of The Heartland Multi-Family show. In this show, I will show you how to invest in a multifamily property. This episode will focus on the three most important questions you have to know the answer to before you invest a single dollar. 1, Are you going to be a passive investor or an active one? There is no wrong answer. You can be a boots-on-the-ground investor and be in the thick of it, or you can delegate most of the work, and just sit back and collect passive income. 2, Will this property be profitable in 5-10 years. You will have to imagine yourself buying this property in 5 years, and would you buy it again or not? If the answer is no, then you might be a trouble because any potential investor who might buy it from you will think twice. The 3rd question is what will the cash flow look like throughout the life of the property? How much is the income and how much are the expenses? If you can answer these questions, you can properly calculate the numbers you can predict you will make on your investment property. Remember, of course, that any investment can lose money no matter how careful you are. Watch this episode to get your next investment of a multifamily home off to a great start. And be sure to like, subscribe, and hit the notification bell to never miss an episode. 

0:32  Intro
0:45 This show is for the beginner investor or the experienced investor looking to expand
10:05 How to safely invest in your next multifamily property
1:45 Are you going to be an active or passive investor?
2:30 There is no wrong answer
3:31 Will this property be profitable in 5-10 years?
4:15 What will the property and neighborhood look like in 5-10 years
6:23 Cash flow
7:42 The numbers 
10:30 Recap, do at least these three things to have confidence in your purchase.

Going into my channel's rabbit hole is profitable!  So, whatever you do make sure that you hit the subscribe button so you don't miss anything!  Going back into the archives is not a bad idea either as I KNOW you will find some gems there too.  Also, as part of your successful journey as a multi-family owner and/or investor you need to check the following resources:

DOWNLOAD MULTI-FAMILY BOOKS & GOAL WORKSHEETS - www.daringarman.com 
MULTI-FAMLY TOURS & AVAILABLE PROPERTY! - www.heartlandinvestmentsummit.com 
MULTI-FAMILY MISTAKES to AVOID: www.daringarman.com  
MY NO BS MULTI-FAMILY PODCAST: https://podcasts.apple.com/us/podcast/the-paranoid-banker/id1276383435 

Let me know how I can help!

Darin

In this weeks episode I go deep into why the most successful multi-family owners and investors that I know invest and own IMPERFECT properties.  Join me this week as I talk about why your next great multi-family property may be most imperfect and why you should buy / invest anyway!  

Its a hot market!  Why should you even think about owning more multi-family?  Shouldn't you wait?  Join me on this episode where I share with you the three NOT so obvious reasons you should own as much multi-family as you can, yes, EVEN in a hot market. 

More information for everything multi-family at www.daringarman.com 

Welcome Back To "THE" CHANNEL FOR Multi-Family Investing and Goal Achievement! In this video I am going to talk about a mistake that many investors make when they are buying their next multi-family property especially in TODAYS MARKET! ...

Going into my channel's rabbit hole is profitable! So, whatever you do make sure that you hit the subscribe button so you don't miss anything! Going back into the archives is not a bad idea either as I KNOW you will find some gems there too.

Also, as part of your successful journey as a multi-family owner and/or investor you need to check the following resources: DOWNLOAD MULTI-FAMILY BOOKS & GOAL WORKSHEETS - www.daringarman.com MULTI-FAMLY TOURS & AVAILABLE PROPERTY! - www.heartlandinvestmentsummit.com MULTI-FAMILY MISTAKES to AVOID: www.daringarman.com MY NO BS MULTI-FAMILY PODCAST: https://podcasts.apple.com/us/podcast/the-paranoid-banker/id1276383435 Let me know how I can help! Darin

Listen in on some cool upcoming podcast changes!  Darin 

Welcome Back To "THE" CHANNEL FOR Multi-Family Investing and Goal Achievement! In this episode I discuss critical SUCCESS FACTORS to the wealth, income and lifestyle you want using multi-family that NO ONE TALKS ABOUT ... You MUST use and implement these success factors and the faster you do the faster you will hit your multi-family targets.

Going into my channel's rabbit hole is profitable! So, whatever you do make sure that you hit the subscribe button so you don't miss anything! Going back into the archives is not a bad idea either as I KNOW you will find some gems there too. Also, as part of your successful journey as a multi-family owner and/or investor you need to check the following resources: DOWNLOAD MULTI-FAMILY BOOKS & GOAL WORKSHEETS - www.daringarman.com MULTI-FAMLY TOURS & AVAILABLE PROPERTY! - www.heartlandinvestmentsummit.com MULTI-FAMILY MISTAKES to AVOID: www.daringarman.com 

 

Let me know how I can help!

 

Darin

Welcome Back To "THE PLACE" FOR Multi-Family Investing and Goal Achievement!

In this podcast episode I am going to hit on the Dangers of Following the Crowd and why many do it ...

Also, as part of your successful journey as a multi-family owner and/or investor you need to check the following resources:

DOWNLOAD MULTI-FAMILY BOOKS & GOAL WORKSHEETS - www.daringarman.com

MULTI-FAMLY TOURS & AVAILABLE PROPERTY! - www.heartlandinvestmentsummit.com

MULTI-FAMILY MISTAKES to AVOID: www.daringarman.com

MY NO BS MULTI-FAMILY PODCAST: https://podcasts.apple.com/us/podcast/the-paranoid-banker/id1276383435

MY MULTI-FAMILY APP: Heartland MultiFamily - Google Playstore or Apple App Store. Search: Heartland MultiFamily

In this episode I share with you what I do to hit my goals and targets. Though I do not hit my goals 100% of the time after years of trying many approaches to goal achievement this one has worked best for me and I shared it with those in attendance and I am sharing it with you too! For more information on Darin Garman and multi-family ownership and investing including a ton of great resources go to www.daringarman.com