How to Get 10X Your Investment in Multifamily Property

On this episode of the Heartland Multifamily Show, I give you three key strategies to 10X your return on investment. That’s right, these are three strategies that you can use to get 10 times your return.

The three strategies are: 1- Income is important, equity is more important. What that means is that the regular income you get from your tenants is important, but the biggest payout comes when you eventually sell the property to someone else. You need to do both the research before you buy a property and the work after you buy it to make sure the property increases in value. 2- Property and asset management begins when you own the property. In other words, don’t think that once you’ve put the money and time into finding a property, then you can just sit back and collect a check. You have to be very active to get that passive income. 3- Don’t feel guilty about getting rich from your investment. As an investor, you took a risk with your money in order to provide a service, which is a place to live. You have to be fair with your tenants, but that doesn’t mean being unfair to yourself. Don’t feel bad about raising rates and passing on costs if it’s part of the terms of your lease.

If you follow these 3 strategies, you can get 10X your returns in much less time.


0:39 Increase your profits by 10 times your investment
0:48 3 key strategies
3:20 1 - It’s not necessarily about the (rental) income, it’s about the equity
3:28 The wealth is made in the EQUITY, not in the INCOME
5:44 Where do you need to focus your attention?
6:15 The biggest income you get in a multifamily property is when you sell
6:44 2 - Management is the most important part of owning multifamily
9:45 You need to have the best management in place
10:56 The work starts when you take over a property
11:35 The more you feel guilt and shame from making money, the slower your progress will be
13:40 The social worker syndrome
15:45 You’re the one taking the risk with your investment
17:00 Get out of your own way
17:15 Recap:
1- Income is important, equity is more important
2- Property and asset management begins when you own the property
3- Don’t feel guilty about making money by providing a service to people who need it



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Did you miss our previous article...
https://trendinginrealestate.com/multifamily-investing/a-conversation-with-paul-grewal