In the world of multifamily investing, there are certain rules that you should follow. These rules are tried and tested. In today's episode, I speak with Bob Damigella on the seven rules of multifamily investing. 

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The Seven Rules of Multifamily Real Estate

• Rule 1: The biggest lie in multifamily is the asking price 
• Rule 2: Life's too short to buy "C" class properties
• Rule 3: Owning multifamily property changes your life 
• Rule 4: You can fix anything on a multi-family property except overpaying for it - NEVER OVERPAY
• Rule 5: You can find deals in your own backyard
• Rule 6: Always remain in control of the deal
• Rule 7: If you’re not making offers then this nothing...

Last week you got ot hear Part I. Here is the second part of the interviewing process.

I recently spoke with an old friend of mine, Ken Shephard of Creative Deals, regarding a client of his in Cleveland that needed assistance in getting a multifamily property under contract. He reminded me of a series of podcasts he and I had done several years ago.

I got them out of the archives, dusted them off and am posting them here in two parts for your listening enjoyment.

Enjoy!

Click Here for Part II

I recently spoke with an old friend of mine, Ken Shephard of Creative Deals, regarding a client of his in Cleveland that needed assistance in getting a multifamily property under contract. He reminded me of a series of podcasts he and I had done several years ago.

I got them out of the archives, dusted them off and am posting them here in two parts for your listening enjoyment. Part II will be next week.

Enjoy!

Click Here for Part I