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Ep #77: Learn Multi-Family investing from the guy who literally wrote the book on it – with Steve Berges

July 6, 2015



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This week we’re going to speaking with Multi-Family industry expert, Steve Berges. If you’ve read any books on the topic of Multi-Family investing then you’re probably familiar with Steve and his teachings.

Steve has been in this industry for quite some time and has completed more buy adipex in uk than $250 million in transactions from subdivision developments, to residential construction, single family rentals, and of course, his favorite – multifamily apartment buildings!

Here’s What You’ll Learn

  • How he got his start in the business prior to becoming an owner/operator
  • The management advantages of owning multi-family properties versus single family homes
  • Why he feels that self managing his first few multi-family properties was such a valuable learning experience.
  • How he’s converting unused garage space into rentable units on a apartment property he’s currently acquiring.
  • Why he doesn’t prefer to do 1031 exchanges upon the exit of a property
  • What excites him about the Houston market
  • Why he prefers not to put his own money into the syndications he structures
  • Why building quality relationships with brokers is a long term game plan that you need to continually invest your time into building upon
  • Why he suggests that all new mutli-family investors join a local investment club or apartment association
  • Why Steve suggests that new investors should seek out a more experienced investor to team up or partner with who specializes in the particular asset type they wish to own
  • The various reports and industry resources that he uses in his own business and how you can get most of them for free.
  • And much more

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