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ForumsArrowMulti-Family and Apartment Investing ForumsArrowBooks recommendations on Multi Family and Syndication
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Books recommendations on Multi Family and Syndication

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Check Rosette Top Subjects:
Rentals, Team, and Taxes & Accounting
  • Posts 184
  • Votes 62

Peter Halliday
Rental Property Investor from Arlington Heights, IL

posted over 3 years ago

After hearing a recommendation on BP podcast for the book "How to make Big Money in Small Apartments". Besides the slightly guru nature of it, I liked it. However, I'm kind of insatiable on the topic.

I'd love for more books geared towards Multi-Family and raising money for multi family.

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  • Posts 310
  • Votes 127

Greg Downey
Lender from Springfield, MO

replied over 3 years ago

Rod Khleif Put out a 200pg textbook that is pretty darn good.  https://rodkhleif.com/books/

It is still free for now and is at least worth putting in your "pocket" as a reference.

If you are really getting excited (and have a couple of extra bucks to spear), I have heard really great things about the "Secrets of Successful Syndication" event that the Real Estate Guys put on twice a year.

Anyone else tried either of those two products?

P.S. https://www.biggerpockets.com/renewsblog/2013/10/1...    

That is a summary of all of the heavy hitters that EVERYONE on the podcast recommends over and over

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Check Rosette Top Subject:
Taxes & Accounting
  • Posts 996
  • Votes 954

Nick B.
Investor from North Richland Hills, Texas

replied over 3 years ago

"It's a Whole New Business" by Gene Trowbridge.

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Check Rosette Top Subjects:
Team, Maintenance, and Flipping
  • Posts 2.1K
  • Votes 1.4K

Jeff Greenberg
Rental Property Investor from Camarillo, CA

replied over 3 years ago

I would also look at Dave Linhdal's book Multifamily millions and Sam Freshman's Principles of Real Estate Syndication.

Go to Kim Taylor's site for a lot of good information. https://syndicationattorneys.com/blog/

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Check Rosette Top Subject:
Flipping
  • Posts 224
  • Votes 321

John Jacobus
Investor from New York, NY

replied over 3 years ago

+1 on Gene Trowbridge's book.  Additionally, @Michael Blank published a great eBook on raising private capital for multifamily synidications.

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  • Posts 760
  • Votes 919

Ivan Barratt
Developer from Indianapolis, IN

replied over 3 years ago

@Peter Halliday

  • Multi-Family Millions – Lindahl
  • Emerging Real Estate Markets – Lindahl
  • Real Estate Finance and Investment Manual – Cummings
  • The ABC’s of Property Management – Ken Mcelroy
  • The Advanced Guide to Real Estate Investing – Ken Mcelroy
  • Principles of Real Estate Syndication – Samuel K. Freshman
  • Maverick Real Estate Investing – Bergsman
  • Maverick Real Estate Financing – Bergsman
  • The Complete Guide to Financing Real Estate Developments – Nachem
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  • Posts 364
  • Votes 142

Carlos Zapata
Investor from Miami, Florida

replied over 3 years ago

there is going to be a great event on September by The Real Estate Guys Radio  "Secret of Successful Syndication 

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  • Posts 65
  • Votes 21

Jeff Kelly
New to Real Estate from Highland Park, IL

replied over 3 years ago

@Peter Halliday Hi Peter. I had the exact same question. Thanks for posting it. I'm not too far from Arlington Heights and I was recently talking to an investor and agent near there about looking for a deal there to syndicate. I'd love to talk with ya sometime soon.

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  • Posts 431
  • Votes 195

Ingrid J.
Investor from Norway (Europe)

replied over 3 years ago

@Peter Halliday Wheelbarrow Profits by Jake and Gino is hands down the best book on apartment complexes.

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  • Posts 478
  • Votes 387

Chris Tracy
Specialist from Plainville, CT

replied over 3 years ago

@Ingrid J. - What is it you like in that book that classifies it as the best in your opinion?  Those other books mentioned are some pretty heavy hitters!

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  • Posts 1.6K
  • Votes 1.2K

Gino Barbaro
Rental Property Investor from St Augustine, FL

replied over 3 years ago

@Ingrid J.

Thank you for the kind words.  I am honored and humbled to be considered in the category of the other gentlemen mentioned, especially Ken McElroy who will be a guest on our podcast tomorrow and is a true guru in the sense that he is in the trenches doing it.  Dave Lindahl is a beast, and was popular way before multifamily was.  His books are amazing and a ton of value and helped me shift my mindset on investing.

Thanks to @Ivan Barratt for Bergsman. I will definitely pick up his books.

@Chris Tracy I think I know why our book and strategy has garnered some accolade. We lay out a very simple framework, are in the business buying and running apartments, run a vertically integrated company and share our successes and failures with our community.  It is amazing how much you learn from writing a book and interacting with your community and the community her on BP.

The goal is to continue to educate yourself, and once you think you are an expert, God will remind you how much you really know

Here's to finding deals in this challenging market 

Gino

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Check Rosette Top Subjects:
Rentals, Team, and Single Family
  • Posts 2.7K
  • Votes 3.3K

Todd Dexheimer
Rental Property Investor from St. Paul, MN

replied over 3 years ago

Multi-Family Millions – David Lindahl

Emerging Real Estate Markets – Lindahl

The ABC’s of Property Management – Ken McElroy

The Advanced Guide to Real Estate Investing – Ken McElroy

Attracting Private Money - Mark Hanf

Networking with the Affluent - DR. Thomas J Stanley

Investing in Apartment Buildings - Martinez

Personally I think "It's a Whole New Business" is not a very good book. 

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  • Posts 431
  • Votes 195

Ingrid J.
Investor from Norway (Europe)

replied over 3 years ago

@Gino Barbaro Np. You earned it!

What's a vertically integrated company if you don't mind me asking?

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  • Posts 1.6K
  • Votes 1.2K

Gino Barbaro
Rental Property Investor from St Augustine, FL

replied over 3 years ago

@Ingrid J.

Hi Ingrid

It's just a fancy term that means that we are in control of all aspects of the business, from property management, to accounting, to underwriting deals, etc. We started out managing our first deal and found that jake & I both liked the control. There are pros and cons. We can control costs and grow the NOI, but the focus on sourcing more deals sometimes takes a back seat. I think we would have been able to purchase more deals, but over the past year, we have been able to implement some amazing systems, such as Leaselock, Sure Deposit, A CRM platform to name a few.

PM me if you have any other questions

thanks again

Gino

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  • Posts 431
  • Votes 195

Ingrid J.
Investor from Norway (Europe)

replied over 3 years ago

@Gino Barbaro Thanks for explaining. I think it's important to set up systems to avoid getting caught up in the shiny object syndrome. That way, when you get back into looking at deals, your business will be spearheaded and you'll have less to worry about. I'll do that.

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