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All Forum Posts by: Eric Levy

Eric Levy has started 4 posts and replied 27 times.

Post: Trying to learn about MFR

Eric LevyPosted
  • San Diego
  • Posts 27
  • Votes 1

@Kira Golden I have actually not thought of that. I will have to do a bit more research on this as I am unfamiliar with syndication deals. What kind of cash flow do you generally see from these investments? Thanks for the suggestion.

@J.M. M. I've heard good things about the podcasts here! I have to fix something in my car and then I plan to listen to them on my work commutes. Are you looking out of state for your investments as well? 

@Alina Trigub A lot of people have recommended David Lindahl so I will definitely check him out. I just purchased The Millionaire Real Estate Investor by Gary Keller which isn't specific to MFR, but was recommended as a good starting book. Thanks for the offer, I will send you a PM.

Post: Trying to learn about MFR

Eric LevyPosted
  • San Diego
  • Posts 27
  • Votes 1
Originally posted by @David Lao:

Eric, I have read and recommend you to read the ABCs of Real Estate Investing by Ken McElroy, a Rich Dad adviser. It's focused on MFR rather than SFR. I'd spend the $15 because I think it's more worth you time digging through the internet for free, but scattered, information.

Thanks for the recommendation! I will check it out.

Post: Trying to learn about MFR

Eric LevyPosted
  • San Diego
  • Posts 27
  • Votes 1
Originally posted by @Ali Boone:
Originally posted by @Eric Levy:
Originally posted by @Ali Boone:

What are you trying to learn about MFRs?

Hey again Ali, thanks for the reply. To be honest, I am not sure where to start. I was hoping there were some books that cover a broad spectrum of information regarding MFRs. I am trying to figure out what I should learn before actually investing in them.

Well the first consideration should be- if you are talking about MFRs, are you talking about residential MFRs (2-4 units) or commercial MFRs (5+ units)? Those are totally different animals.

Ah, good to know. I don't really have a preference, but due to capital restraints, I think I will start with residential MFRs.

Post: Trying to learn about MFR

Eric LevyPosted
  • San Diego
  • Posts 27
  • Votes 1

@Mike McCarthy

Awesome, I've heard great things about the podcasts. Any recommendations on which books to start with? Again, thanks for all the help!

Post: Trying to learn about MFR

Eric LevyPosted
  • San Diego
  • Posts 27
  • Votes 1

@Mike McCarthy

Okay, thanks for the feedback. I will do some google searching to read about what you listed. 

Post: Trying to learn about MFR

Eric LevyPosted
  • San Diego
  • Posts 27
  • Votes 1
Originally posted by @Ali Boone:

What are you trying to learn about MFRs?

Hey again Ali, thanks for the reply. To be honest, I am not sure where to start. I was hoping there were some books that cover a broad spectrum of information regarding MFRs. I am trying to figure out what I should learn before actually investing in them.

Post: Trying to learn about MFR

Eric LevyPosted
  • San Diego
  • Posts 27
  • Votes 1

Hey All,

I'm brand new to real estate investing and am trying to learn more about MFR. How would you guys recommend going about this? If you have any suggestions on books or other educational materials, please let me know! I live in SD, California and want to invest out of state because I am interested in cash flow, which doesn't seem very possible here with the current real estate environment. Thanks a lot!

Best,

Eric