Rental Property Investor · Lehi, UT · Member since 2012 · 65 posts · 22 votes
Any suggestions on books about acquiring small apartment complexes (10-25 Units). I've spent several hours on amazon, but they all seem too guru-y, too full of "experience financial freedom through RE" platitudes. I am a licensed agent, have experience in 2-4 unit properties, a RE finance background, but want to learn more detail about how the process, analysis, and due diligence involved in acquiring larger properties. Your suggestions are appreciated!
Rental Property Investor · DFW, TX · Member since 2013 · 953 posts · 910 votes
13y
I have read a couple books by John Reed. He has one called Residential Property Acquisition which I liked. Although they were written a while ago there is still a lot that is applicable. Plus since they are older you can get them used on amazon for pretty cheap.
Investor · Atlanta, GA · Member since 2011 · 46 posts · 6 votes
12y
Try Multifamily Millions by Dave Lindahl. Its as good as Ken McElroys book but gives a different slant. I beleive you can never get enough real estate education. It helps if you love it too!
Investor · Bellingham, WA · Member since 2010 · 308 posts · 230 votes
12y
+1 for @Brandon Turner and @Alan Charles recommendations. It really helps to know how the math works, forwards and backwards. For that I highly recommend Frank Gallinelli's 'What Every Real Estate Investor Needs to Know About Cash Flow... And 36 Other Key Financial Measures'http://amzn.to/Zv0Zph (On Amazon). Frank is a member here and posts occasionally too.