Multifamily Real Estate Investing - How to Get Rich in Real Estate Using The MFM Model

Wondering how to get rich in real estate? There’s no need to buy a course or a coaching program, just listen to Brandon Turner. Brandon has a little bit of real estate experience, with 15 years in the field, hundreds of millions of dollars in owned property, and a portfolio comprising of over 2,000 units, you could say that Brandon has walked the walk, talked the talk, and even talked the walk (probably). Brandon made the switch from single-family to large multifamily years ago thanks to a simple profit formula many real estate investors tend to overlook. While flipping and owning single-family rentals is a time-tested and profitable way to grow wealth in real estate, commercial properties allow owners to make small changes that result in MASSIVE net worth increases. Don’t believe us? Watch Brandon explain, you may be surprised by how possible it is! If you didn’t catch all the info in the video, use this handy repeat button: 0:00 ~~~~ Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup ~~~~ Grab Your Copy of The Multifamily Millionaire: https://www.biggerpockets.com/multifamilybook ~~~~ Get Tickets to BPCon 2021: https://www.bpcon2021.com/ ~~~~ Cap Rate: A Must-Have Number for Rental and Commercial Investors: https://www.biggerpockets.com/blog/cap-rate-real-estate ~~~~ Follow Brandon on Instagram: @beardybrandon or https://www.instagram.com/beardybrandon/ 00:00 Become a Multifamily Millionaire (Like Brandon!) 02:07 Know The Value of a Property 04:18 Who's Making More Money? 06:02 Ignore The Mortgage 06:49 NOI (Net Operating Income) 07:34 Cap Rates 09:16 Cap Rates = Aversion to Risk 11:44 How This Makes You a Millionaire 15:47 Brandon's $1M+ Example