Reading Brandon Turner - Rental Property Investing

[Gary Stark]

I am very new to RE investing and reading the above book.  His first example "Plan" is to buy a fourplex.  He assumes he puts down $16k and $4k for repairs.  Total investment is $20k.   He assume each unit produces $200 per month cash flow - $9600 per year.   My simple question.  How realistic is this?  A 50% annual rate of return.  A two year payback on a real estate investment.   I am new and eager to learn.  I understand it take effort to find great deals.  However, before i get too far in here.. i want to know what i am missing.  This seems like assumptions that are simply not feasible.  Please help me understand.  His entire math for this "Plan" only works due to the above dynamic. 

[Katie Miller]

@Gary Stark Hey Gary! Thanks for buying and reading Brandon's book. We strive to publish books that have evergreen concepts, even if the numbers don't age well. Which, let's be honest, in this market the numbers don't age well over just a few months! I believe the concepts in Brandon's book are still applicable in today's market, though those quadplex deals are likely harder to find.

I'd love to send you a copy of our newer version of this book called Real Estate Rookie, written by Ashley Kehr in 2023. It details similar concepts with newer lending, strategies, and partnership ideas that Ashley has personally and recently used to grow her portfolio.

DM me your address and I'll get you a copy!