Get Rich Education 191: Why Fourplex Buildings Are An Investing Sweet Spot with Steve Olson
#191: What makes fourplexes such great wealth creators? Financing and economies of scale.
But there’s one giant pitfall with many fourplexes.
Today’s guest, Steve Olson of the Fourplex Investment Group (FIG) has an elegant solution to the pitfall.
He tells us how to maintain your investment’s value for long-term returns.
You need to safeguard yourself against neighborhood blight to protect your investment’s value.
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1) Grab my free E-book and Newsletter at: GetRichEducation.com/Book
2) Actionable turnkey real estate investing opportunity: GREturnkey.com
3) Read my best-selling paperback: getbook.at/7moneymyths
Listen to this week’s show and learn:
01:30 Fourplexes are the largest building for residential financing.
03:27 Safeguarding against neighborhood blight.
07:00 The FIG: Fourplex Investment Group.
09:09 How to repel neighborhood blight.
14:50 Pro formas.
17:48 Dealing with today’s compressed cap rates.
21:15 Pre-construction.
24:55 Exit strategy.
28:05 Fourplex prices.
32:55 Financing.
36:42 Property management. Valuation, appraisals.
38:54 Duplexes.
41:40 Keith’s analysis of the investment.
Resources Mentioned:
FIG: Fourplex Investment Group
E-mail: solson@fig.us
Mortgage Loans: RidgeLendingGroup.com
Cash Flow Banking: ProducersWealth.com
Apartment Investor Mastery: BradSumrok.com