How to Buy Your First Multifamily Small Apartment Building

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  • Опубліковано 15 чер 2024
  • Discover how to buy your first multifamily small apartment building, step by step. Don't get caught up in the "bigger is better" mentality. Instead, you'll find that the smaller deals can be the most profitable. This is a great video for anyone interested is getting started with Commercial Real Estate investing. Learn more about this subject here: www.commercialpropertyadvisor...
    Buy your first multi family small apartment building with my help by applying for my Protege Program: www.commercialpropertyadvisor...
    0:00 Intro and Overview
    1:28 Benefits of Small Multi-Family Apartments
    6:07 How to Create Your Own Deal Flow
    16:37 Why Start with 5 Unit Apartments?
    21:37 Financing Your First Small Multi-Family Apartment Deal
    28:55 3 Keys to Commercial Real Estate Success

КОМЕНТАРІ • 814

  • @CommercialPropertyAdvisors
    @CommercialPropertyAdvisors  Рік тому +9

    Buy your first multi family small apartment building with my help by applying for my Protege Program: www.commercialpropertyadvisors.com/protege-program

  • @samkurz
    @samkurz 7 років тому +931

    How refreshing to see a guy that can teach without feeling like your being in a sales presentation.

    • @knowthetruth1032
      @knowthetruth1032 5 років тому +18

      Great instructor. I've read and purchased several of his, Great books! I LIKE THIS DUDE LOL! 😁

    • @go8663
      @go8663 5 років тому +5

      seriously. Respect

    • @paulagrey6013
      @paulagrey6013 5 років тому +2

      Nuff Said...

    • @stepzyt3889
      @stepzyt3889 5 років тому +1

      samiproductions damn bitch I’ve never made love to a white woman. You look gorgeous!

    • @jonzee9190
      @jonzee9190 4 роки тому +4

      @@stepzyt3889 really nigga?

  • @samj7513
    @samj7513 6 років тому +225

    This is the first video that I've watched that the teacher actually tells you how to actually accomplish a goal!! Not just dance around the subject and leave you empty.

  • @thaliajones6986
    @thaliajones6986 8 років тому +637

    Finally someone that make sense rather than attending a hotel seminar to sign up for money. Peter, thanks for the lesson. Please consider during more videos. Thanks for helping a novice. RJ

    • @jcook2244388
      @jcook2244388 7 років тому +4

      Thalia

    • @toddtoure7041
      @toddtoure7041 7 років тому +7

      Fit freak 100 %Correct

    • @idbountyhunter
      @idbountyhunter 6 років тому +10

      Fit freak Don't forget you have the so-called gurus that are peddling there products so with that said the some of thumbs down come from them and there staff.

    • @AuGold808
      @AuGold808 6 років тому +7

      Those hotel seminars are among the biggest jokes in the world. Last one I went to was a bunch of wealthy operators talking about how they throttle broadband when they see a room watching to much netflix and so forth.. yawn.

    • @MegaLadylove2012
      @MegaLadylove2012 5 років тому

      Thalia Jones 🤣

  • @jymmidean22
    @jymmidean22 7 років тому +129

    Thank you for not clapping your hands and dancing around the subject.

  • @fitwill73
    @fitwill73 5 років тому +129

    I’ve learned so much in this half hour video. I love how you actually explained the reasons WHY and not only the how in purchasing your first multifamily building. Also, your calm demeanor and thorough explanations are appreciated. I never even considered all the different ways of financing a deal. I thought the only way to finance a deal would be to have my own capital and go to a bank or broker for a loan.
    Currently, I’m managing an investment condo and a SF home for my mother who now has dementia and can no longer take care of her properties. I actually enjoy managing her properties, and my dream is to purchase my own building. I don’t want anything too much, just up to a 10 unit building. If that goes off well, I would like to purchase another. I want to have cash flow and have generational wealth. Thank you for the video, I subscribed!

    • @shinipapaya846
      @shinipapaya846 Рік тому

      Go go go Queen and God bless you always 🙏

    • @recluseauhermitticus2033
      @recluseauhermitticus2033 Рік тому +1

      meh
      your still just a slave . . .paying a corrupt administration of your "countrymen". . for their permission to exist. . . and pretending its some grand achievement. . pathetic!!!

  • @davidmontoya9551
    @davidmontoya9551 4 роки тому +38

    I love how you teach. THIS is how to present a topic. Instructors could do well to emulate you. Bravo!

    • @recluseauhermitticus2033
      @recluseauhermitticus2033 Рік тому +1

      meh,
      your still just a slave . . .paying a corrupt administration of your "countrymen". . for their permission to exist. . . and pretending its some grand achievement. . pathetic!!!

  • @wreckemtech165
    @wreckemtech165 7 років тому +253

    I'm 22, almost going to graduate, and finance my first small apt building =)

    • @Pupperino7773
      @Pupperino7773 5 років тому +13

      i'm also 22 and soon to graduate. best of luck to you!

    • @XxMobileWizXx
      @XxMobileWizXx 5 років тому +5

      Well I imagine it would take him 1 - 2 years to save up for that down payment.

    • @tonystateblack
      @tonystateblack 5 років тому

      Kool

    • @judahtunes2245
      @judahtunes2245 5 років тому +2

      Did you end up getting your property yet?

    • @cliffdariff74
      @cliffdariff74 5 років тому +1

      @@XxMobileWizXx that's nothing man, if you are young.

  • @chunkyfather29
    @chunkyfather29 7 років тому +78

    Very well spoken gentlemen, professional and honest

  • @LXu-uc6io
    @LXu-uc6io 3 роки тому +3

    This is honestly the best RE video I’ve ever seen on internet. I really appreciate his teaching style and calm demeanor.

  • @MickySupreme
    @MickySupreme 9 років тому +125

    I love this Peter, so humble and articualte. Thanks for creating and sharing this know how.

  • @jartagniancopria1120
    @jartagniancopria1120 7 років тому +171

    This guy has a nice personality

  • @EddieAiello
    @EddieAiello 6 років тому +68

    Your teaching style is amazing. Thank you so much for the great information I am definitely following you

  • @TheKingOfPlastic
    @TheKingOfPlastic 7 років тому +13

    Well educated in the field of real estate investing. Refreshing. Found him only after many months of viewing videos posted by those without true knowledge or the ability to clearly explain everything. Thanks so very much!

  • @Danny-fs1hk
    @Danny-fs1hk 8 років тому +208

    You're a great teacher. Thanks a lot!

    • @MetalBum
      @MetalBum 4 роки тому +1

      Agreed

    • @recluseauhermitticus2033
      @recluseauhermitticus2033 Рік тому

      meh
      , your still just a slave . . .paying a corrupt administration of your "countrymen". . for their permission to exist. . . and pretending its some grand achievement. . pathetic!!!

    • @recluseauhermitticus2033
      @recluseauhermitticus2033 Рік тому +1

      ​@@MetalBum meh, your still just a slave . . .paying a corrupt administration of your "countrymen". . for their permission to exist. . . and pretending its some grand achievement. . pathetic!!!

  • @fortealfredo8147
    @fortealfredo8147 3 роки тому +9

    As a complete newbie jumping over to this side, this was beyond phenomenal!!
    Thank you very much!! 🙏🏼
    #ThinkAndGrowRich

  • @ragingbull3157
    @ragingbull3157 4 роки тому +1

    Thanks...finally someone who speaks English. You get straight to the point.

  • @jjjaaasooonnn
    @jjjaaasooonnn 3 роки тому +6

    Thank you for not trying to sell me a ticket to a seminar ❤️

  • @MegaBuyer
    @MegaBuyer 5 років тому +30

    Role models like this really can help the African American community. Good Job!!

    • @unknownprofiler5792
      @unknownprofiler5792 5 років тому +9

      He's a black American not a African no point in calling this man African American if we can't call white Americans European Americans

    • @jaymarcase9737
      @jaymarcase9737 4 роки тому

      unknownprofiler might want to read a book...African Americans are from Africa.

    • @jaymarcase9737
      @jaymarcase9737 4 роки тому +4

      Too bad mainstream media loves showing thugs and crooks rather than gentleman like him.

    • @MemoGrafix
      @MemoGrafix 4 роки тому +2

      ​@@jaymarcase9737 - You are from there. I'm not, neither My GrandParents nor, Great-GrandParents neither were their parents as well. IF there is any African Peoples Blood is in My Family's Bloodline, We ain't been African for a very, very, long time.
      I'm not saying this out of disrespect/hatred of Africa & the people of Africa.
      There's been Black People here in this land-mass called America several centuries before the Trans-Atlantic Slave-Trade, long before the straight-haired Asian-Descendant Indians.
      Besides, Indigenous People of Africa I know don't really call themselves African (only for arguments sake), they Identify with the name of their tribal nation. I know a lot of them from various countries and tribes.
      When You & them are cool with each other they will tell You the truth about what they know & don't know on their side of the waters about Us over here.
      So called *_"Black People"_* WE ARE EVERYWHERE ON EARTH!!! NOT *_ONLY_* FROM THE SLAVE TRADE!!!
      The tools to research is available You will see just how much You were LIED to. Reading one book is not going to have *_ALL_* the *_ANSWERS._* Books are written by whomever and they write whatever, mostly opinions and lots of times *_unsubstantiated facts._*

  • @MrHav1k
    @MrHav1k 7 років тому +18

    This is the first video I've seen on here and I can already tell this is going to be my favorite channel on UA-cam. Excellent information.

  • @devineinspirations3397
    @devineinspirations3397 5 років тому +15

    thank you for the information that you shared. I really liked the fact that you had the info written out beforehand; it made everything flow smoothly and concisely. you spoke well, were very articulate and didn't stutter or use the word ummm. I was able to flow and grasp everything you said the very FIRST TIME; only having to rewind when my attention was diverted by other things. I will make sure I take a look at your other videos and like them because i'm quite sure if they are anything like this one; I will learn a lot. I have been self schooling myself in real estate for about 3 to 5 years now and I'm finally pulling things in order to launch into my dream job or should i say launch into "freedom" Thanks and my best of wishes, Anton

  • @dreamseeker3783
    @dreamseeker3783 6 років тому +9

    This one of the best videos I've seen on this subject. I'll be watching more!

  • @bryceblanton828
    @bryceblanton828 9 років тому +27

    Thank you. This covers everything I need to know! I'm going to watch all your videos.

  • @michaelourth8122
    @michaelourth8122 2 роки тому +1

    Best teacher I have ever had.

  • @mytuber81
    @mytuber81 6 років тому +22

    Wow, this is a good video, very detailed. Im currently looking into purchasing a multifamily small apt. building in my area and this is helping me with the process. Thanks Peter!

  • @havestcrunch4024
    @havestcrunch4024 7 років тому +28

    I've watch several videos on this topic and I'm really impress with his mannerism and approached. I knew to the market and still learning and would love a coach of this caliber

  • @harlemworldking7942
    @harlemworldking7942 4 роки тому +8

    Ambition,persistamce&Specialized knowledge✔

  • @autumnjames4122
    @autumnjames4122 2 роки тому +3

    Thank you for clarity, for your patience and for the care you take in teaching! I have learned way more from you than I’ve learned from hotshot channels promising the world. You have done a great job passing on knowledge and touching on important points as a real life investor that most can relate to! Well done, keep them coming! You are bringing the real deal inside scoop!

  • @zaidchalabi1599
    @zaidchalabi1599 7 років тому +25

    my goal in 5 years is start doing that
    after i pay my business loan on my trucks and keep saving
    awesome video

  • @alvindowd5232
    @alvindowd5232 3 роки тому +19

    This was great! No fluff, straight to the point. A great foundational video. I live in Chicago and I plan to take advantage of my newfound knowledge.

    • @recluseauhermitticus2033
      @recluseauhermitticus2033 Рік тому +1

      meh,
      your still just a slave . . .paying a corrupt administration of your "countrymen". . for their permission to exist. . . and pretending its some grand achievement. . pathetic!!!

  • @djworldfamousdakingpin4870
    @djworldfamousdakingpin4870 Рік тому

    This is how I learn....in this fashion!! Not someone yelling and me feeling pressured to buy their coaching lessons.

  • @speakintruthsince88
    @speakintruthsince88 2 роки тому +2

    When discussing the 4unit vs 5units. He said after you fix it up you sell it. That is an option. Another option is you can do cash out refinance. Pull the equity out then take the money and repeat the process instead of waiting 2yrs to get a big return as compared to the 5plex. U can refinance after 6months with residential properties

  • @tamirajohnelle4700
    @tamirajohnelle4700 4 роки тому +3

    I’ve been looking all over UA-cam for a great broken down video on this topic... Your video is my favorite. I’ll be checking out others and buying info that you sell as well. I love your teaching style...

  • @darrenruch9028
    @darrenruch9028 3 роки тому +1

    Easily one of the best commercial RE video I’ve seen! Thank you for posting

  • @dmiles8406
    @dmiles8406 Рік тому +1

    Great video… very informative instructor. Intelligent, experienced, and extremely clear. You were born to teach.😇

  • @andrewcohen8627
    @andrewcohen8627 2 роки тому +2

    We need more instructors like you!!!!!

  • @PrettyBlack1966
    @PrettyBlack1966 5 років тому +2

    I really appreciate all the information that you're sharing with us! Your presentation works well with you establishing the rapport building you invest in your videos!

  • @AGOODSAMARITAN1804
    @AGOODSAMARITAN1804 5 років тому +5

    I'm loving this I'm coming to class to every video there and after. This is my 1st video. Thank you so much Sir I wish you were in NYC.

  • @elmarcle
    @elmarcle 6 років тому +3

    Great information Peter! Really enjoyed your teaching style, upfront, clear and concise.

  • @pecanthickness8785
    @pecanthickness8785 6 років тому +4

    This video was excellent and answered alot of my questions. I came across your video by accident but..... I enjoyed the whole 30 min. And doesn't hurt that you are definitely a seasoned gentleman. Can't wait to see more videos

  • @josephmingrino7787
    @josephmingrino7787 6 років тому

    Thank you so much for this video! This is by far the most explanatory video on commercial real estate I've seen yet

  • @BryantJohnsonsimbalion45
    @BryantJohnsonsimbalion45 7 років тому +2

    Always, precise, relevant, comprehensive information, and practical guidance from Peter Harris. Thank you!

  • @shericontrary2535
    @shericontrary2535 4 роки тому +3

    I used to work in social services. I burned out but I use some of the skills I learned on building rapport with people. I worked with US Veterans at a prison I worked at and learned a lot from them. They are great.

  • @geminivending
    @geminivending 2 роки тому

    Nugget after nugget in these videos
    Absolutely zero fluff & 100% to the point
    Thank 🙏 you

  • @bbailey7976
    @bbailey7976 4 роки тому +2

    Such an inspiration to hear and learn. Thank you Peter!

  • @marianaanaa390
    @marianaanaa390 Рік тому

    Wow, best real estate video I've seen! So informative. THANK YOU!

  • @jacobanderson666
    @jacobanderson666 8 років тому +84

    please consider writing a book on this subject only. I'll be the first one to buy. all of your videos are properly organized and understandable.

    • @VegetaThoughts
      @VegetaThoughts 7 років тому +66

      Jacob Anderson isn't the book the first thing he talks about? Commercial Real Estate for dummies?

    • @collin_kelly644
      @collin_kelly644 6 років тому

      Taxes

    • @nkosinathilord3308
      @nkosinathilord3308 6 років тому

      Jacob Anderson fUs

    • @j.flaner8506
      @j.flaner8506 4 роки тому +3

      @@VegetaThoughts This book is perfect for @jacobanderson...clearly he doesn't even know how to pay attention.

    • @mo5570
      @mo5570 3 роки тому

      Peter also co-wrote "Commercial Real Estate for dummies" plus and ebook available online plus a course of discs with Donald Trump about Real Estate.

  • @El-CliqueTV
    @El-CliqueTV 2 роки тому

    People are selling this type of information for 10.000. Thanks you for being transparent!

  • @bashafitness
    @bashafitness Рік тому +1

    Amazing video and straight to the point.
    I have learn a lot in a half hour! Keep up the good work sir.

  • @MarleneSilva-qs6yn
    @MarleneSilva-qs6yn 4 роки тому

    Thank you for being a smart teacher without all the fluff and fool stuff.

  • @partypeoplesandiego
    @partypeoplesandiego 3 роки тому +1

    Why are you so awesome. Feel like I owe you money after such great teaching

  • @rudyacosta2626
    @rudyacosta2626 6 років тому +2

    I was so bless with all the info he shared. He was very methodical and his way of explaining was simple to understand.

  • @JHONBOLR
    @JHONBOLR 6 років тому +1

    You are a flawless educator sir, I applaud you, please keep doing so. Thank you

  • @tonyj8947
    @tonyj8947 5 років тому +1

    Excellent material! Honest and straightforward.

  • @josecamacho6372
    @josecamacho6372 4 роки тому +5

    2nd video I see from you today. The first one got me looking into commercial RE investment. The 2nd, this one got me into looking for a 5 plus unit building. Did a little search using the site you said and already saw 2 good properties. Yes, just looking but will follow your suggestions. Awesome video, thanks a lot. Looking into your book as well. 👍

  • @alexmccray2154
    @alexmccray2154 4 роки тому +2

    Great video. Thank you taking the time to explain all aspects of the business.

  • @sessinganderson4622
    @sessinganderson4622 Рік тому

    It's great to see a real life instructor whose not trying to sell something. Thank you

  • @crobinso2000
    @crobinso2000 8 років тому +18

    Great Coaching.

  • @nasiirmuhammad
    @nasiirmuhammad 3 роки тому +1

    I really appreciate your presentation and your method of teaching. Great Job!

  • @samechickdifferentday6593
    @samechickdifferentday6593 7 років тому +23

    Thanks for the valuable info!

  • @lf5959
    @lf5959 8 років тому +1

    Thank you! Peter that was Awesome information. Enjoying your coaching very much!!

  • @cmichelle6888
    @cmichelle6888 8 років тому +1

    This was awesome! I'm gonna spend all day tomorrow watching your videos with a notepad! Thanks!

  • @nathanrodriguez8292
    @nathanrodriguez8292 4 роки тому +3

    Oh my Lord yes, I love this Channel! Thank you so much for everything!

  • @x10yearsx
    @x10yearsx 6 років тому +7

    You write extremely well on a whiteboard for being left handed.

  • @apartmentmanagertips
    @apartmentmanagertips 4 роки тому +1

    Thank you for sharing this information. The more you truly enjoying helping ppl and improving their lives, the easier it gets

  • @TheActiveAssault
    @TheActiveAssault 5 років тому +18

    Talk about a Eureka! moment.
    If they’re listed, they’re generally not good deals.

    • @kindafast6499
      @kindafast6499 5 років тому

      The only thing that happens between initial sale and LoopNet is the price has stayed the same, or gone down.

  • @jaymarlette6085
    @jaymarlette6085 9 років тому +3

    Great video. I have nothing and videos like this inspires. Thank you for publishing this.

  • @A_Changed_Heart_Ministries
    @A_Changed_Heart_Ministries 6 років тому +9

    Awesome video, thank you!

  • @monty3113
    @monty3113 7 років тому +38

    Great Video teaching.....you have gained a new student...Thank You!

  • @kboudi1633
    @kboudi1633 5 років тому +1

    Thank you Sir for being straight to the point. I've subscribed, and I will be buying your book.

  • @realestatepierre
    @realestatepierre Рік тому

    This brother was dropping gems, I love it. You have gained a subscriber .

  • @CleanCutCarson
    @CleanCutCarson 3 роки тому

    Best content i have seen all day on youtube thank you very much

  • @JayHoney33
    @JayHoney33 Рік тому

    You are SO HELPFUL. BLESS YOU 🙏🏾✨🧡

  • @samuelkonkel8807
    @samuelkonkel8807 9 років тому +5

    Great Videos Peter!
    Thank you
    Sam

  • @maureengolden9072
    @maureengolden9072 6 місяців тому

    Thank-you for your time and information!!

  • @maureenokeibuno956
    @maureenokeibuno956 Рік тому

    Peter, You are simply amazing, teaching is your gift and your aura just draws people in, The way you pass on information is so great, Thank you for being so generous with information,.

  • @yohannestekola4216
    @yohannestekola4216 Рік тому

    Hi Mr, Harris
    It's very Clear and well-explained, easy to understand.
    Thank you
    Johnny

  • @tj1234542
    @tj1234542 6 років тому

    Very informative and straight to the point! Thank You!

  • @laseanwigginsbfcbasicfinan8649
    @laseanwigginsbfcbasicfinan8649 6 років тому +4

    Your teaching style is amazing great video.....made it very simple to understand the real estate game people charge alot of money for this info..god bless you my friend and thank you for this info gonna watch this over n over

  • @lamelobowling5552
    @lamelobowling5552 4 роки тому +1

    Good guy Peter Harriss, picking up your books!

  • @desmondgraham650
    @desmondgraham650 Рік тому

    I have came upon this yesterday and have not stop watching , I learn more in 2 hrs that i learn fro those seminar charging $15000, ( never pay) plus more, sometime we have to be careful who we listen to

  • @MrAWD-ox3gk
    @MrAWD-ox3gk 2 роки тому

    This is the best video about RE I have ever seen!!! 🙏 😃

  • @worldwideachievers1234
    @worldwideachievers1234 3 роки тому +1

    Excellent job on presenting this info. Very professional and to the point. Thanks 🙏🏻

  • @johnathan2684
    @johnathan2684 6 років тому +5

    Just bought your book, thanks for this channel!

  • @SuperEagle421
    @SuperEagle421 7 років тому +3

    Thanks, Peter! That was a very informative presentation. I'm eager to check your other video on how the Master Lease works.

  • @gidayabundance628
    @gidayabundance628 4 роки тому

    Thanks your teaching Peter makes so much sense.
    Thanks for the great video

  • @marystead8445
    @marystead8445 7 років тому +1

    This was great information, presented so even I could understand. Thank you

  • @lt7341
    @lt7341 5 років тому +4

    Hats off to this guy, I would pay good money for this kind of info!

  • @hyunh4334
    @hyunh4334 4 роки тому

    Thank you for sharing your knowledge about investing commercial property. Love your teaching style.

  • @slamdunktiger
    @slamdunktiger 7 років тому +1

    Really happy to kick ass educational content in growing investors. Thank you for helping new investors AND empowering entrepreneurs to help provide REAL affordable housing by increasing the supply of housing.

  • @gregson8533
    @gregson8533 6 років тому +1

    You're awesome!! Great advice, very informational video!

  • @yliberal6355
    @yliberal6355 5 років тому

    Excellent video! I'm looking forward to your other vids, thank you!!

  • @sandyrodriguez2803
    @sandyrodriguez2803 7 років тому +1

    Loved the video. Tons of value!

  • @PopPop-sx4eq
    @PopPop-sx4eq 5 років тому +1

    Loving your videos bro...I’m deeply motivated

  • @safeghananetwork7127
    @safeghananetwork7127 4 роки тому +1

    I love this teaching, it really tells a lot

  • @2ndchancecellular
    @2ndchancecellular 2 роки тому +2

    Fantastic content. Thank you!

  • @alphamentalitypsycology9431
    @alphamentalitypsycology9431 4 роки тому +2

    Like how your explaining the process in l lament terms. Thanks Peter god bless....

  • @semperfidelis225
    @semperfidelis225 Рік тому

    Thank you. Stay well.

  • @lpmarketingofjacksonvillel2968
    @lpmarketingofjacksonvillel2968 8 років тому

    Great Information, You make it sound so easy
    Love it.

  • @Elizabethfacuseh
    @Elizabethfacuseh 5 років тому +1

    Excellent class. Thank you so much!