Product Description

Discover why apartment houses are the best investment in today's real estate market

The key to making big profits in real estate is to go against the traditional wisdom. When the masses are buying, it's often time to sell. When everyone is selling, there are huge bargains to be found. In Multi-Family Millions, contrarian real estate investor Dave Lindahl shows you how to read the market cycle, and explains why now is a great time to get started investing in apartment houses—even if it's your first time investing in real estate and you have no money for a down payment.

With a simple two- to five-unit multi-family property, or a thirty-unit apartment building, you can implement the same strategies Lindahl used in over 500 deals to build his own real estate fortune:

• How to reposition a multi-family property for maximum profit

• Where to get the money for your first deal

• How to own an apartment house and never deal with tenants

• Ten bad mistakes rehabbers make

• Three proven principles for attracting great deals on multi-family properties

• When and how to resell for huge profits

Conventional wisdom says real estate investors should start with single-family houses. Discover why it's easier and much more profitable to invest in multi-families!

Product Details

• Amazon Sales Rank: #12222 in Books
• Published on: 2008-04-25
• Number of items: 1
• Binding: Hardcover
• 272 pages

From the Inside Flap

Dave Lindahl was a broke landscaper when he used a cash advance on his credit card to buy his first three-unit apartment house—and immediately reaped a $972 per month positive cash flow. Twelve months later he owned eleven multi-family buildings and had $10,000 per month in extra income. Today, he controls over $140 million in real estate. In Multi-Family Millions, Lindahl shows you how anyone can get started investing in small apartment houses and make great money doing it. You can do it on a part-time basis, and best of all, you never need to deal with tenants.

Compared with single-family homes, multi-family properties hold much greater profit potential and allow you to earn more money on each deal you complete. There is also far less competition in the multi-family market. In addition, having more units under a single roof reduces your investment risk and offers higher long-term profits. The rewards of multi-family investing are obvious, but how can you benefit when you have very little time or money?

Multi-Family Millions is the step-by-step guide that shows you how to get into the multi-family game—and get out with big profits. It provides expert coverage of the most effective investing strategies and gives you guidance on every stage of the process—from finding properties with great profit potential to buying, renovating, and reselling them for big money.

With Lindahl's expert help, you'll discover how to:

• Identify troubled multi-family properties that are ripe for repositioning

• Negotiate great purchase prices for target properties

• Flip properties for fast cash or improve them with affordable, value-adding repairs

• Resell properties at maximum value with minimum hassle

No matter your level of investing expertise or experience, Multi-Family Millions gives you the perfect strategy for success—especially for investors with little time and little cash on hand. Whether you're an expert investor or just starting out, Multi-Family Millions reveals the proven strategies, tactics, and infor-mation you need to make big profits—faster and easier than you ever thought possible.

About the Author

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.

Customer Reviews

If You're An Active REI...Buy This Book!
I love this book! Dave spoke at my REI club a few years ago and I went to the 1 day seminar that followed. Dave was able to answer all my questions on the subject of owning multi-families (namely dup, tri, and quadplexes).
I was afraid to get out of my comfort zone (single families) but when dave laid out how he felt the same fear that I did and truthfully...YOU are probably feeling I thought...F%&* it!!
This book is a definite short cut for you. And it's a steal!! What does it cost? $15-$20 bucks!!
Even though I regularly buy and sell multi-families and think I know it all, Dave's book has tons of chunks of meat and potatoes for me to still go through. It's works really great with the way the market is and real estate is available for pennies on the dollar.

New and practical information that I can use
I have been an investor and rehabbing for several years with single and dual family homes. During this time I have read several books on Multi Family Apartment ownership. For some time I have wanted to move on to larger units but was concerned that I didn't have the knowledge to move forward. Each time I finished reading the other books I came away still feeling I needed more practical information to move forward. After reading Dave's book I came away feeling it's time to make the move (to take action). I have now started putting my team together following the advise Dave outlines in this book. So far it is working great.

EXCELLENT BOOK!
I love this book. I highly recommend it. Make sure you have a pen and piece of paper ready to take notes. Your going to need it.

Thanks Dave!