#007 - What is a Multifamily Home

Let's talk Real Estate Today.

What is the best way to build wealth in Real Estate?

The best way to build wealth in real estate is by raising money and being a GP in multifamily deals.

To get a track record to get into GP deals, work under other people's deals.

Another way to build a track record is by buying duplexes and triplexes. The cash flow and capital appreciation alone can make you quite wealthy over the decades. Across 40 years, you can go from 0 to 1000+ units and have a net worth of 3B+. Now, this might sound crazy, but if you understand Real Estate and how to build wealth in Real Estate, this is possible.

I will go into more detail in future posts; follow for more.

Read more about it here:

https://www.rocketmortgage.com/learn/what-is-a-multifamily-home