I plan on buying my first apartment building within the next two years. Those two books especially Muilti-Family Millions have so much useful information in them they're worth their weight in gold. Have you heard of David Lindahl?
@Shelby Washington I have heard and seen his books but just through Amazon. Looks like Trump tapped him to do a book as well. About to add to my book list. Thank you very much!
@Account Closed - take a look at some CCIM courses. There are a few places online you can find their older class books for cheap. Solid information and no fluff.
Here is a tip on development, design, maintenance and engineering aspects, but not to marketing.
The federal government holds and operates the largest inventory of housing units in the country. You can get many free publications on management aspects from the Department of Defense, the Government Accounting Office, the Corps of Engineers and each military branch. Management has already been invented and fine tuned to a science, there is no need to reinvent the wheel. HUD properties are referred to as "owned housing".
Some research and you'll find maintenance schedules for boilers, HVAC, how electrical and plumbing systems are managed and maintained, you'll find cost estimates per sq ft and differences in low rise vs high rise, individual units like a 4 plex to single unit dwellings.
Much of this information that is already on the planet can be adopted directly to private properties, large corporate owners didn't start from scratch devising their management plans.
Need to look outside the investor world to the real estate world at times, you'll find excellent materials, tried and proven plans that already exist and it's free or has a very small cost involved. Much of it is online as well.
I'm surprised Frank used "inside secrets" as there aren't any, everything is pretty much public knowledge! :)
I'm wowed at the promptness of feedback and the willingness to share this knowledge. A sincere thank you @Bill Gulley and anyone else I may have forgotten. I see the "light" in participating in the BP forum. I'm off to dig up my first billion, haha.
Real estate mavericks is also a good book. Has a story of the large high rise developers and million plus square feet owners. Most started from a small background and worked the system hard.