Building a real estate empire takes time, effort, and significant amounts of capital. However, as our guest today shares with us, it’s not beyond your reach! Learn how Brian Murray built a real estate portfolio to over 400 units using a variety of strategies and intelligent techniques. If you plan on building a large real estate portfolio in your future, this is a CAN’T MISS episode!
In This Episode We Cover:
How Brian got started with real estate
Why he invested in commercial office space
The techniques he used to get the place rented
What exactly assuming the loan of the seller means
A discussion about Capitalization Rates
Value added investing
How to use the 50% Rule with commercial properties
The value of putting money back into the property
How he manages his properties and his specific views on it
How to find great deals
Tips for real estate investors on getting started
His biggest success and biggest mistake
And SO much more!
Links from the Show
#AskBP Podcast
The One Thing You Need to Achieve Your Biggest Goals [#AskBP]
BiggerPockets Podcast
BiggerPockets Forums
BiggerPockets Podcast show 100 with Josh Dorkin
BiggerPockets LinkedIn Profile
BiggerPockets Facebook
BiggerPockets Twitter
Books Mentioned in this Show
The Complete Guide to Buying and Selling Apartment Buildings by Steve Berges
Rich Dad Poor Dad by Robert Kiyosaki
Don’t Sweat the Small Stuff and It’s All Small Stuff by Richard Carlson
Tweetable Topics:
“You can’t expect anyone to treat your property as well as you do yourself.” (Tweet This!)
“You’re gonna see far better returns if you invest yourself and your time into your properties.” (Tweet This!)
“A lot of people they think that a property is not for sale, everything is for sale.” (Tweet This!)
“Grit is living life like a marathon, not a sprint.” (Tweet This!)
Connect with Brian
Brian’s BiggerPockets Profile
Brian’s LinkedIn
Brian’s Company Website
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