194: Apartment Building Investing In A Hot Market with Brad Sumrok

Apartment Building Investing In A Hot Market with Brad Sumrok

by Keith Weinhold | Get Rich Education

The apartment building space is hot. Unless you’re experienced, you need help from an expert that can help you navigate today’s apartment environment. Brad Sumrok, “The Apartment King”, joins us today. His apartment building students get results, closing dozens of larger apartment buildings every year. Brad began with buying a 32-unit building in 2005. Today, he provides forecasts to the apartment industry, and hosts live training events. Tens of thousands listen to his every word. But is it too late to buy apartments today? Apartment prices keep running up. Cap rates are compressed. Now, interest rates are higher. Brad tells you where to look today. I ask Brad, “What’s an underlooked apartment market or niche today?” He names exact towns. Think you can’t afford a $5 million building? Yes, you can. Brad tells you how. Learn how to outbid others when there are multiple offers for an apartment. His in-person events draw large, energetic crowds and he fills bus cavalcades with hopeful investors on apartment field trips.

Want more wealth? 1) Grab my free newsletter at: GetRichEducation.com 2) For actionable turnkey real estate investing opportunities: GREturnkey.com 3) Read my new, best-selling book: GetRichEducation.com/Book Listen to this week’s show and learn:

01:27 Leveraging rent increases.
04:10 Brad Sumrok Interview begins.
07:28 Is it too late to buy apartments today? Prices are higher.
09:36 Cap rate compression.
10:23 Interest rate rise.
12:06 There’s still a housing shortage.
13:24 What’s an underlooked apartment niche today?
15:23 Value-add buy-and-hold apartments.
19:23 “I can’t afford it.” Yes, you can. Here’s how.
22:38 Carried interest.
24:20 Financing.
26:04 Tenant and property character.
28:05 Multiple offers – how to outbid others.
32:13 Brad’s training events are super-popular. The next one is July 21st-22nd.

Resources Mentioned >

Resources Mentioned: Brad’s Live Event, July 21-22: BradSumrok.com | Mortgage Loans: RidgeLendingGroup.com | Cash Flow Banking: ProducersWealth.com | Apartment Investor Mastery: BradSumrok.com | Find Properties: GREturnkey.com | GRE Book: GetRichEducation.com/Book | Education: GetRichEducation.com

Enjoy the podcast? Subscribe here!
iTunes Android Android Android iHeartRadio  Spreaker SoundCloud

gre-book

SUBSCRIBE TO OUR FREE NEWSLETTER

Be notified of wealth-building Get Rich Education updates! Leave your contact details here.

You have Successfully Subscribed!

GRAB GET RICH EDUCATION’S BOOK AND LETTER!


Free E-Book. 7 Money Myths That Are Killing Your Wealth Potential contains money secrets you can’t believe you never knew in 84 concise pages. It finally clarifies how real estate creates financial freedom.

Free Letter. Our weekly Don’t Quit Your Daydream E-mail letter wires your mind for wealth. It helps you make money in your sleep and updates you on important real estate investing trends.

Full of value, void of hype. Just real content that makes a difference in your life. Rather than living below your means, learn how to expand your means.

Check Your E-Mail For The Book.

GET MY FREE EBOOK


7 Money Myths That Are Killing Your Wealth Potential

Check Your E-Mail For The Book.

Share This

FREE VIDEO COURSE

REAL ESTATE
PAYS 5 WAYS

This valuable 1-hour course and newsletter wire your mind for wealth:

Get Video Course - Pop-Up