61: How to Succeed in Multifamily Investing – A Unique Conversation with Josh, Brandon, and Ben

<p>Change is good, right?</p><p>We hope so – because in this episode of the BiggerPockets Podcast, we change a lot of things up and invite you to come sit in the BiggerPockets&nbsp;<em>digital coffee shop</em>&nbsp;and listen in on a fascinating discussion! For the first time, we bring back a previous guest on the BiggerPockets Podcast to move beyond “their story” and dig into the dirty details on a very popular and important topic:&nbsp;multifamily rental properties.</p><p>Today&nbsp;Ben Leybovich, who shared with us his powerful journey almost a year ago on&nbsp;<a href="https://www.biggerpockets.com/blog/2013/04/18/cash-flow-creative-finance-life-ben-leybovich/" target="_blank">episode 14 of the BiggerPockets Podcast</a>, is going to talk with us about what it takes to succeed as a multifamily investor – looking beyond the numbers and truly investing in the right kind of properties.</p><p>As I said- this show is a little different. Rather than just an interview, we decided to make this episode more of a “conversation” between Ben, Josh, and myself – discussing (and often loudly debating) everything from “what kind of properties to buy,” “what kind of location someone should buy in,” and a long debate on one of Brandon’s most recent purchase- the ugly purple triplex.</p><p>Although this is our longest show, at almost two hours in length, I think this is one of the most powerful podcasts we have ever done because it’s totally unfiltered, deep, and raw. Come be a fly on the wall in our “digital coffee shop” and discover everything you ever wanted to know about investing in multifamily rental properties.</p><p>In This Show, We Cover:</p><ul><li>Managing&nbsp;single family&nbsp;versus&nbsp;multifamily&nbsp;properties</li><li>Why&nbsp;cash flow is not enough&nbsp;to base your decisions on</li><li>Brandon’s “Waldo” property: good, bad, or something else? (Leave your opinion on the debate in the comments below!)</li><li>The Validity (and Problems with) the “Rental Property Rules“</li><li>The&nbsp;13 Steps&nbs