
Multi-Family Millions How Anyone Can Reposition Apartments for Big Profits
by Lindahl, DavidBuy New
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Summary
Author Biography
David Lindahl is an accomplished real estate investor who has been involved in more than 500 deals and controls more than $140 million in real estate. He is principal owner of The Lindahl Group, a real estate investment company that acquires properties in emerging markets across the nation. He operates RE Mentor (www.rementor.com), a publishing and seminar company that shows investors how to profit from all forms of real estate investing. He is also a popular speaker and expert at real estate investment clubs, conventions, and seminars throughout the country. For more information, please visit www.multifamilymillions.com.
Table of Contents
A Different Approach that Creates Huge Real Estate Profits | |
How This Book is Different | |
Why Invest in Apartments? | |
Apartments Set You Free | |
Let's Explode the No-Money-Down Myth | |
More Myths about Apartment Investing | |
This Is Not a Myth; This Is Reality: They'll Laugh First, And You'll Laugh Last | |
Opportunity is Everywhere | |
A Brief Overview of the Different Kinds of Multi-Family Housing | |
Burned-Out Landlords Are Great Sources For Deals | |
In the Next Chapter | |
An Overview of How to Get Your First Deal | |
The 14 Steps to Acquiring a Property | |
Decide What Size Buildings You'll Start Investing In | |
Decide Where You Want To Invest | |
Determine What Types Of Multi-Family Properties You'll Buy | |
Put Your Team In Place | |
Market to Get Your Deal | |
Analyze the Deal | |
Create the Offer or Letter of Intent | |
Negotiate the Deal | |
Create and Sign the Purchase and Sale Agreement | |
Do Your Due Diligence | |
Renegotiate the Deal | |
Start Your Financing | |
Choose a Management Company | |
Close the Deal | |
Option 1: Buy and Flip | |
Option 2: Buy and Hold | |
Option 3: Buy, Reposition and Sell | |
In the Next Chapter | |
Where to Find Enormous Profits from Repositioning | |
It's All About Raising the NOI | |
Problems to Look For | |
Making a Change | |
Then there's the Perception | |
Send the Message that Change is Happening | |
The Property Cycle | |
A Common Repositioning Mistake | |
The Two Main Reasons Why Repositions Fail | |
The City Cycle | |
Revitalization Zones | |
In the Next Chapter | |
How to Attract Deals to You with a Minimum of Time and Money | |
Principle #1: Make it Easy to Do Business with You | |
Principle #2: Do What You Say You Will Do | |
Principle #3: Don't Be a Pain In the Butt | |
Inexpensive Deal-Attraction Techniques | |
Go Directly to the Owners | |
Other Techniques that Cost Little but Bring Big Results | |
Go After the Don't Wanters | |
Cruising for Dollars | |
Another Way to Cruise | |
Oh So Many Ways to Get Deals | |
Don't Make These Three Mistakes | |
In the Next Chapter | |
Separating the Gold Mines from the Land Mines | |
The Power of Negative Thinking | |
Profiting from Value Plays | |
How to Find-and Profit from-Burned-Out Landlords | |
Profiting from Management Nightmares | |
Properties That Need Repair: Where the Gold Is | |
Avoid Certain Repairs | |
Solving High-Vacancy Problems-Once and For All | |
How I Filled 400 Units | |
How to Raise Rents at Takeover and Not Lose Your Tenants | |
How to Raise Rents Steadily While Keeping Your Tenants | |
When It Makes Sense to Clean House | |
In the Next Chapter | |
How to Analyze a Property Using the Fewest Numbers for the Most Profit | |
Back to the Cap Rate | |
Analyzing Your First Deal | |
How Do We Know It Really Is a Deal? | |
Current Management: When to Hold' em and When to Fold 'em | |
What Matters the Very Most to Tenants | |
Is Someone Putting Lipstick on a Pig? | |
Let's Look Inside | |
Market Area Inspection | |
The Sidewalk Tells the Story | |
But What If My Numbers are Off? | |
Don't Get Depressed on Me! In the Next Chapter | |
Where to Get the Money for All Your Deals | |
Why Banks Like Apartments | |
Three Flavors of Lenders | |
Conduits | |
When to Use a Mortgage Broker | |
Putting Your Package Together | |
How to Get Partners to Fund Your Deals | |
The Big, Profitable World of Private Money | |
Debt Versus Equity Deals | |
In the Next Chapter | |
Twelve Negotiating Secrets of the Pros | |
Table of Contents provided by Publisher. All Rights Reserved. |
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