Make More Money Investing in Multiunits: A Step-by-Step Guide

by Gregory Warr

Seven out of every 10 millionaires have made their money in real estate investment. But, unlike many real estate investors, the truly wealthy focus on commercial real estate, specifically multi-units (apartment buildings). Yet, investing in apartment buildings can be a daunting proposition for many would-be and seasoned investors. Gregory D. Warr, Wall Street trader, real estate investor and nationally renowned trainer, demonstrates how the benefits outweigh the risks – there is less competition, fewer limitations in the market and better turnover necessary to make money for multi-unit investors. He has built his profitable real estate portfolio from the ground-up using his own proprietary strategies for investing in apartment buildings. In his book, Make More Money-Investing in Multi-Units , Warr outlines the process for acquiring apartment buildings and managing a successful business investing in commercial real estate. Drawing from his success, you will learn • Identify the best markets to locate properties with the greatest potential for success • The process that determines what properties yield the greatest returns •Acquire buildings with little or no personal capital • The three best structures to negotiate an offer • The 1 team member that will make or break your investing career and how to find him or her • How to help others and communities by giving back

256 pages, Paperback

First published May 1, 2005

Reviews

[Jeff · Rating 3 out of 5]

Good practical how-to knowledge - focused on creative financing, typed of units to buy, mgmt team and some best practices. After reading, it sounds like a lot of work to effectively own and manage apartments.

[Scott Stevenson · Rating 4 out of 5]

On the opposite side of Larry Loftis' book, Greg Warr makes a strong case for investing in commercial residential property through large unit apartment complexes. He lays out the basics on how to locate deals, how to analyze properties, how to go about financing, and tips on how to form partnerships. A great book to read as a beginner as it will lay out the foundation for you and allow you to understand the concepts for you to dig deeper.

The most useful aspect of investing in commercial residential properties instead of strictly residential multi-units (besides the larger cash flow) is the ability to secure loans from lenders through the value of the asset as opposed to personal income.