Apartments: The Best-Kept Secret
Of Real Estate Investing
I have rehabbed over 470 properties and currently own over 600 apartment units. I can honestly tell you this: I am more than twice as wealthy as most other real estate investors who started when I did--twelve years ago.
How did I make many millions of dollars? It's simple: I bought, sold, and kept apartment buildings as well as single-family houses.
Not only have I made over twice as much money as my competitors, but I have also created a huge passive-income stream that comes into my mailbox month-in and month-out"even if I never buy and sell another property again!
And the best part is this:
I haven't spoken to a tenant in over 4 years!
Who is Dave Lindahl?
If you need a refresher on my background, I was a burned-out landscaper 14 years ago. I had:
- No money (OK, that's not totally true; I did have a whole $800 in the bank);
- No time (that one is definitely true, because each night after a full day of grunting dirt and railroad ties around in my landscaping business, it was all I could do to pop a cool one and collapse in my chair in front of the TV);
- No experience. My family didn't know anything about real estate. In fact, I got the "Dave, you're making a big mistake!" speech when I mentioned real estate.
I didn't "luck into" a fortune. I instead made it using tested and proven systems I developed over time. At first they were crude, but I hate making the same mistake twice, so I got better fast.
One of the key areas I focused on throughout my 14 years of doing real estate is attracting private money. In 2007, I attracted over $22 million in private money to fund 11 deals with a market value of $87 million. I now control over $160 million in real estate across the country.
Recent Press
It's kind of like Having Your Cake And Eating It, Too. I get the profits from multiple tenants, without dealing with any of them. Sound intriguing to you? Read on.
Apartments are in some ways very similar to single-family houses: You can flip them, wholesale them, buy them pre-foreclosure, at-foreclosure or after-foreclosure; buy them "subject-to"; or lease option 'em. The difference is you can make a lot more money doing these transactions with apartments, simply because apartment buildings cost more money and provide bigger cash flows. And as you get good at it, and flip bigger and bigger apartments, your profits get bigger and bigger.
One of my students, Alex Galitsky from Lowell, MA, on his first deal bought an apartment building "subject-to" and flipped it for a $61,000 profit in less than 90 days!
So why aren't more gurus talking about apartments? Probably because they have tenant fears. They don't realize that the smart investors--who make the big money investing in apartments--don't deal with tenants. They have the right kind of management company do it. (The kind I can teach you to find.) You wouldn't go up and replace a roof, would you? Of course not; you'd have a roofer do it. That's what they specialize in. It's the same principle concerning who should deal with tenants.
Adding apartment buildings to your toolbox of investment transactions can…
…make your bank account fatten quicker than a
party balloon hooked up to a fire hose.
How do I know? I've done it, and so have my students all around the country.
Want to double your income or more this coming year? Start investing in apartments.
Do you still have doubts about investing in apartments? Good! You're like me, and you demand proof.
Fill out the information below and I'll send you my Free CD:
"How to Create a $9,700 Passive Monthly Income Without Dealing with a Single Tenant."
Check out what I have to reveal to you about apartment investing. I promise you won't have heard it from the other real estate gurus.