Lance Edwards' Apartment Wealth Info

The advantages of multifamily are multi-fold! Here’s a collection of the advantages:

1. Bigger checks when wholesaling
2. Bigger passive income
3. Faster financial freedom
4. Can do it part-time (2 hours/day)
5. Easier to evaluate the value

6. Can do it nationwide
7. Can easily outsource the property management
8. Easier to finance and raise money
9. Less competition
10. Multiple exit strategies

11. Predictable ways to create value
12. Creative financing (nothing down) is the norm
13. Economies of scale

Whether you are a wholesaler, rehabber, or buy and hold entrepreneur, apartments are for you.

Let’s look at the first 2 advantages, bigger checks…

By the fact that we are looking at bigger ticket items, there are more zeroes on your checks.

Think about it.  As we add zeroes to the deals, we are creating more leverage for ourselves and more zeroes on our checks.

If you wholesale, would you prefer x% of $100,000 deals or x% of 1,000,000 deals? Well, I’ll take the larger deals.

Bigger returns per deal mean less deals to make the same return as houses. That’s less pressure to do the same volume of business OR drastically increase our total dollars per year.

And when we focus on passive income, that means faster financial freedom.

Lance